A number of banks will end the controversial practice of charging their debit card customers to take out foreign currency from a bureau de change in the UK, following an agreement with the Office of Fair Trading (OFT).
Co-operative Energy has become the latest energy minnow to announce plans to cut gas and electricity prices due to the falling costs it pays for energy. But customers of the big six, which represent the vast majority, shouldn't get too excited.
Banks are to be required to "ring-fence" their retail operations from risk-taking arms and to hold increased levels of capital to protect the UK from a repeat of the crash of 2008, Chancellor George Osborne announced today.
A wide-ranging shake-up of the mortgage market was unveiled by the financial services regulator today, aiming to prevent a return of irresponsible lending and stop borrowers taking out unaffordable deals.
Consumers can now get permanently free access to their credit report, which can tell them if they're likely to be accepted for a credit card, loan or mortgage.