Latest News from Money Expert

A new financial update from Lloyds Bank has laid bare the impact of inflation and the energy crisis on household finances: spending on essentials up and families cutting back on big-ticket items and...

Savings accounts linked to Virgin Money current accounts now pay a market-leading 1.71% AER as the challenger bank hikes interest rates.Virgin Money current accounts - the high-interest M Plus...

Insurance giant Zurich has seen fraudulent property claims rise by a quarter this year, as households facing pressure from inflation and soaring living costs “turn to crime.”In a common type of...

As concerns about Russian energy rumble on, the European Union has revealed plans to reduce its consumption of natural gas.The announcement was made on Wednesday and outlines an initial 15% reduction...

The first round of cost of living support will be made by the end of July, with some households already having received theirs.Initially, the government proposed two separate payments to the public....

The Lloyds Banking Group has announced plans to axe an additional 66 branches by January 2023, taking its list of closures to more than 200 in just over a year.48 Lloyds Bank branches and 18 Halifax...

The government-backed National Savings and Investment (NS&I) has increased interest rates across its range of savings products, giving a boost to more than 1.3 million savers.From Thursday, 21...

A new regular savings account from Yorkshire Building Society will allow savers to earn a market-leading 5% interest on deposits of up to £500 per month. But only existing customers can open the...

A plan mooted by Number 10 for 50-year mortgages could mean the average homeowner—and their heirs—pay nearly half a million pounds in interest alone, an estate agent is warning.Earlier this month,...

Homeowners who claim they weren't allowed to switch to cheaper deals after TSB took over their mortgages have launched legal action against the lender. If the High Court decides in their favour,...