Latest News from Money Expert

The Lloyds Banking Group will cut interest rates on two of its current accounts from October, following a trend that’s costing savers across the market.If you hold a Club Lloyds account with Lloyds or...

Natwest Closes Accounts of Small Businesses After They Applied for Coronavirus LoansSome small business customers have accused NatWest of closing their accounts after they made an application for a...

Royal Bank of Scotland officially changed its name to NatWest Group on Wednesday, although the change is largely “symbolic” and for “colleagues and stakeholders” rather than customers, chief executive...

Santander will overhaul the cashback on its 123 accounts and double the monthly fee for the 123 Lite account from October, further eroding the perks of its once market-beating current accounts.For...

New rules from the Financial Conduct Authority (FCA) may require banks and building societies to notify regulators if they intend to shut down branches or remove cash machines. Banks will also be...

While coronavirus left some Britons struggling to make ends meet, others took advantage of their time at home to squirrel away some extra cash, Nationwide found.A survey from the UK’s largest building...

Over the last three months, lenders have granted 1.05 million credit card repayment holidays and 707,000 deferrals for personal loans for customers facing financial troubles during the coronavirus...

TSB has tightened mortgage lending criteria for workers who have been furloughed during the coronavirus crisis and whose employers aren’t topping up their salaries.The furlough scheme currently pays...

A year after its first premium subscription service flopped, digital bank Monzo is trying again, this time with new app-based features and 1% interest on balances.The original Monzo Plus offered...

Brits charged half as much as usual on credit cards during the first weeks of lockdown, avoiding big purchases amid shop closures and financial worries.Just £8.7 billion was spent on credit cards in...