Latest News from Money Expert

The City regulator has called upon financial firms to do more to support millions of vulnerable Britons.The Financial Conduct Authority (FCA) says as many as 27.7 million people can now be classed as...

The coronavirus crisis has been costly for the insurance industry, which will pay out £2.5 billion to policyholders for claims arising last year, mostly on business interruption policies.The...

While the coronavirus crisis decimated the earnings and savings of some Britons, others took advantage of the months spent at home to squirrel away some cash.With commutes suspended, holiday plans...

The government should require banks to let customers block all gambling transactions, digital bank Monzo has recommended in a letter to ministers jointly written with campaigners and addiction...

Bereaved families are facing long delays and costly administrative errors by banks as they try to settle their loved one’s finances, Which? magazine found.The consumer organisation surveyed 1,600 of...

Car insurance provider Marmalade will cover the cost of theory tests that expired when learner drivers couldn’t take practical driving tests due to coronavirus restrictions.Learner drivers have voiced...

New official figures show that the UK economy contracted by 9.9% in 2020 as Covid-19 restrictions severely hindered output.The Office for National Statistics (ONS) said that the shrinkage last year...

14.2 million Britons have high levels of debt, low levels of savings or low or erratic earnings, making them vulnerable to financial shocks, the Financial Conduct Authority (FCA) has found.The City...

A third of homeowners missed out on savings by failing to negotiate on the price of the property, Barclays has found.The bank surveyed 2,000 people about their experience purchasing their home and...

Last year just 27 borrowers took out “marathon mortgages,” with terms of 40 years or longer, new figures released by the Financial Conduct Authority (FCA) reveal.Wealth management firm Quilter looked...