Latest News from Money Expert

The financial regulator has relaxed affordability checks that have kept homeowners trapped in expensive mortgages for years, unable to switch to a cheaper deal. These “mortgage prisoners” often...

Action must be taken over the increasing number of failures in online banking platforms, MPs have warned. According to today’s report from a Treasury Select Committee, the rising number of incidents...

Barclays customers will still be able to access cash at Post Office counters, after the bank reversed its decision to end the service, after criticism from customers, MPs, regulators and consumer...

QuickQuid, the largest payday lender still operating in the UK, is set to close, the firm has announced. The lender, which is owned by US company Enova, has received over 3,000 complaints about its...

Even if house prices remain in their Brexit slump and never rise again, you’ll still come out ahead by owning a home rather than renting, new research has revealed. The research, from trade body...

App-based bank Monzo has denied claims made in the BBC’s Watchdog programme that it has unfairly frozen customer accounts. The BBC One programme, which aired last Thursday, detailed how the bank froze...

The UK’s cyber security experts stopped more than a million cases of payment card fraud over the last year. The National Cyber Security Centre (NCSC) has released its annual report, in which it...

British banks should be monitoring their customers’ spending to watch out for signs of debt problems, according to a report. According to research from debt charity the Money and Mental Health Policy...

Nationwide will ‘revamp’ its savings range, scrapping popular loyalty accounts held by nearly 1.7 million customers.The building society’s Loyalty Saver account was launched seven years ago and offers...

The UK’s coastal towns dominate the list of areas with the highest levels of personal debt, according to new figures. Recent research from accountancy group UHY Hacker Young has revealed the towns and...