Latest News from Money Expert

Fraudsters stole £616 million from UK bank customers in the first half of 2019, as the incidence of bank transfer scams, especially authorised push payment scams, rose. Of that total, £207.5 million...

A fifth of workers in the UK have skipped meals in the past year to make ends meet, according to the Trades Union Congress. The latest poll from the TUC revealed that 20% of people in work had skipped...

More than 3,000 bank branches have shuttered in the last five years, while hundreds others have reduced their opening hours, fuelling concerns that elderly and vulnerable consumers are being left...

Halifax is launching a montage that will allow first-time buyers to get on the housing market without a deposit—but they will need assistance from their family to qualify. The three-year Family Boost...

Sainsbury’s has announced that it will no longer be providing mortgage loans, following rival supermarket Tesco out of the mortgage market. The supermarket giant, which set up its banking arm just...

British people, especially young people, lack understanding of personal tax issues and the wider tax code, a new survey has found. The survey, commissioned by accountancy firm Deloitte, found that...

Cases of mortgage fraud increased in the first half of 2019 compared to the previous six months, according to Cifas. The latest figures from the fraud prevention service revealed that mortgage fraud...

British travel giant Thomas Cook has ceased trading, ruining hundreds of thousands of customers’ holiday plans. Thomas Cook announced it had entered liquidation early on Monday morning, leaving around...

British consumers are paying the highest interest rates on their credit card balances in more than a decade, financial website Moneyfacts.co.uk has revealed. The average annual percentage rate (APR)...

Credit card spending has overtaken cash in the UK for the first time, according to the British Retail Consortium. The latest figures from the BRC has revealed that debit cards remain the most popular...