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MoneySavingExpert News

August 2011

Taxpayer-backed Lloyds Banking Group has become the latest bank to announce a hit to its financial performance due to compensation payouts for mis-sold payment protection insurance (PPI).
4 August 2011
The Bank of England today announced it is holding the base rate at its 0.5% historic low for the 29th consecutive month.
4 August 2011
Only one in four workers have had a pay rise this year, with most seeing their wages frozen, research revealed today.
3 August 2011
The Government today announced "sweeping" reforms to copyright law meaning it will no longer be illegal to copy files from a CD or DVD onto a computer for personal use.
3 August 2011
Thousands of holidaymakers have had their summer get-away ruined after the collapse of tour operator Holidays 4 U.
3 August 2011
Barclays reported a 33% drop in half-year profits to £2.6 billion after it took a £1 billion hit to cover compensation for customers who were mis-sold payment protection insurance.
2 August 2011
Tesco Clubcard customers can double the value of their reward vouchers to spend on posh food, cosmetics and pet food at the supermarket from today.
1 August 2011
Millions of households face a sharp rise in the cost of gas and electricity as the first of the summer price hikes comes into force.
1 August 2011
The country's pensions system is in "urgent need" of improvement if millions of workers in private firms are to save enough for retirement, according to a new report released today.
1 August 2011

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