Latest News from Money Expert

Lloyds Banking Group will close 56 high street locations across the UK this year, in response to “changing customer behaviour.”31 Lloyds, 10 Halifax and 15 Bank of Scotland locations will shut between...

Most Brits rely on just one bank or building society for most of their transactions, leaving millions vulnerable to serious disruption from when financial providers’ IT systems fail.Which? magazine...

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...