Latest News from Money Expert

TSB will close around a third of its high street branches in response to a “significant shift in customer behaviour” during the coronavirus pandemic.164 TSB locations will shut next year, in addition...

Britons borrowed more on credit cards, loans and overdrafts last month while saving less, suggesting the coronavirus crisis is tightening its grip on household finances.The recent findings reversed...

Investment bank Goldman Sachs’ Marcus easy-access savings account, so popular during the lockdown savings bonanza it had to suspend deposits for a time, will slash its interest rate next month.From...

Chancellor Rishi Sunak has outlined plans for the government to cover 22% of pay for ‘viable’ workers for six months when the current furlough scheme comes to a close at the end of October.Sunak said...

Bucking trends that have slashed savings rates close to zero, NatWest and RBS have launched a new regular saver paying a market-leading 3% interest.Natwest and RBS's Digital Regular Saver pays...

Smartphones are more expansive than ever, but more than three-quarters (76%) of Brits don’t have theirs insured, gadget insurance specialists Insure2Go has revealed.Even among the quarter of Brits...

TSB will stop paying interest on its Classic Plus current account from December, and from yesterday has closed the account to new customers.Just 18 months ago, the Classic Plus account paid 5%...

National Savings & Investment (NS&I) is wielding the scythe, making dramatic cuts to the interest rates it pays on its market-leading savings accounts and bonds.As other savings rates,...

Exactly one year after it ceased trading, Thomas Cook is being revived as an online-only travel agent.The travel industry is currently experiencing the worst tourism crisis since records began, with...

A sharp drop in the consumer price index (CPI) means that hundreds of savings accounts now beat the rate of inflation, but you’ll have to be a savvy shopper to find them. Few are offered by the...