Latest News from Money Expert

In a U-turn, the City regulator has announced that it will oppose in court guarantor lender Amigo’s rescue plan, which would limit compensation payouts to borrowers mis-sold high-cost loans.Amigo...

A travel boss has warned that pent-up demand and fewer aircraft in service will lead to a rise in international travel prices this year.Glenn Fogel, chief executive of Booking.com, says that travel...

Scammers staging traffic accidents to win payouts were responsible for 170,000 claims on car insurance policies between August 2019 and December 2020, according to new data released by the Insurance...

American Express is slashing the amount of cashback customers with its market-leading Platinum Everyday and Platinum Cashback cards can earn from 4 August, with some seeing their earnings fall by £25...

A new debt respite scheme, giving people struggling with problem debt two months to get their finances back on track, launched today.Under the Breathing Space scheme, people in serious debt will be...

As normal life ground to a halt last year, many Britons became accidental savers, with cash earmarked for holidays and nights out accumulating in their current accounts. But most of these accounts pay...

Nationwide’s FlexPlus and the Co-operative Bank’s Everyday Extra packaged bank accounts have been named the market’s best by Which?, while premium accounts from digital challengers are failing to...

MPs have voted against capping the interest that mortgage lenders can charge leaving borrowers stuck on unusually high rates “disappointed, distressed and betrayed”.The amendment to the financial...

A £100 switching bonus from Lloyds elevated the bank to the top of the quarterly current account league tables, but digital bank Starling didn’t need an incentive to come in second place.Lloyds...

Buyers of energy-efficient homes can now earn up to £500 cashback on a mortgage from Nationwide.The UK’s largest building society is launching its new Green Reward mortgage to incentivise buyers to...