Latest News from Money Expert

Britons who have stashed their money in savings products with high street banks are earning pitiable rates, a year after the FCA scrapped plans better protect loyal savers.HSBC recently announced that...

Banks have announced that the spending limit for contactless cards will rise to £100 from 15 October.The maximum amount was raised from £30 to the current level of £45 at the beginning of the...

Troubled guarantor lender Amigo is warning that the millions it owes in compensation to customers could topple it this year, as it continues to wrangle with regulators over a rescue plan.Amigo lends...

Official figures have shown a surge in house price growth outside of London over the summer, however some analysts anticipate a slowdown in the market.The Office for National Statistics (ONS) said...

Buy now, pay later (BNPL) startup Klarna continues to attract more customers at online checkouts with payment plans it says are fairer and more accessible than credit cards. But defaults on these...

Digital bank Revolut will soon advance uses money from their pay packets, offering an alternative to credit cards and payday loans.The fintech company’s Payday feature will allow users to unlock up to...

The exodus from National Savings and Investments savings accounts continued this spring, as consumers sought better interest rates elsewhere and spent some of their pandemic hoards.The latest figures...

Lloyds Banking Group has announced plans to purchase 50,000 homes in the next decade in a bid to become one of the country’s biggest private landlords.Lloyds, the UK's largest mortgage lender, is...

Direct Line is launching a standalone bicycle insurance product, aimed at fully covering the expensive bikes and gear of Britain’s legions of cycle commuters and hobbyists.Earlier this year, we...

Mastercard will phase out magnetic stripes on its credit and debit cards over the next decade after chip and pin and contactless payments have made the technology redundant.The transition will begin...