Latest News from Money Expert

The Financial Conduct Authority (FCA) has confirmed that new coronavirus relief measures, requiring insurers offer struggling customers payment holidays and premium reviews, will come into force...

Insurers could be compelled to pay out previously rejected business interruption claims to more than a million of firms, depending on the outcome of a High Court case being brought to trial by the...

Banks should refund fees for packaged bank accounts if customers can’t use their perks during the coronavirus lockdown, campaigners have urged. Packaged bank accounts commonly come with perks...

Homeowners experiencing financial hardship as a result of the coronavirus crisis could receive 12- or even 18-month reprieves from their mortgage bills. Extended mortgage holidays are one measure the...

The Civil Aviation Authority (CAA) has issued a warning to airlines reminding them that they must legally provide refunds for flights cancelled due to the COVID-19 pandemic. If a flight is cancelled,...

Virgin Money suspended the credit cards of 32,000 customers without warning this week, a move which potentially violates the banking sector’s commitments to consumers during the coronavirus crisis. ...

Interest on Santander’s once market-leading 123 current account will fall again this year, to just 0.6%, in another blow for savers. At the beginning of the year, the popular 123 account paid 1.5%...

LV= will allow car and motorbike insurance customers to claim refunds of between £20 and £50—but only if they’ve been economically impacted by the coronavirus pandemic in specific ways. The insurer...

After introducing relief measures for credit cards, loans and car finance products, the Financial Conduct Authority is proposing assistance for insurance customers struggling to stay on top of their...

One of the largest entertainment and telecoms firms in the UK could be formed as a result of a potential merger between broadband provider Virgin Media and mobile operator O2. A major rival to BT...