Latest News from Money Expert

The Financial Conduct Authority (FCA) has told UK banks to explain their new 40% overdraft rates. In June last year, the FCA called on the UK’s high street banks to overhaul its overdraft system to...

Subprime lender Amigo has put out the ‘for sale’ sign as customer complaints have soared, despite the lender taking positive action ahead of tightening FCA regulations.Amigo is the UK’s largest...

The regions where you’re most likely to encounter an uninsured driver in England and Wales have been revealed. Car insurance provider Tempcover used motoring crime data from the Ministry of Justice to...

The UK’s largest building society, Nationwide, and its most popular app-only bank, Monzo, attracted the most new current account customers over the summer.Nationwide signed up 40,562 new customers...

Banks has responded to the Financial Conduct Authority’s new rules about overdraft fees by hiking interest rates, but the regulator insists most customers will benefit or be unaffected by the new...

Nearly 60,000 jobs were lost in the UK retail sector during the last three months of 2019 in another tough year for the high street, according to a report. Recent figures from the British Retail...

The government is pledging to transform Britain into a nation of savers, increase financial literary and reduce the number of households struggling with debt and relying on credit cards—all by...

Fears are rising that Sainsbury’s Bank may sell their mortgage book to an unregulated private equity firm, putting customers at risk of becoming mortgage prisoners.MPs are urging the supermarket giant...

Employment levels in the UK hit record levels in November, according to the Office for National Statistics (ONS). The latest figures from the ONS revealed that the UK employment rate reached 76.3% in...

Average UK house prices jumped by 2.3% in December, a record for that month, according to Rightmove. The online property website said that last month’s rise in average house prices was the biggest...