MSE News

November

IT bug at Ovo Energy means 13,000 customer bills were wrong

Thousands of Ovo Energy customers were charged the wrong amounts for their gas and electricity bills due to an IT 'bug'

14 November 2014

Ofgem orders Scottish Power to shape up or stop selling

Scottish Power is facing a ban on sales activity unless it must meet tough targets Ofgem has set

14 November 2014

Property repossessions and arrears at a six year low

Low interest rates mean fewer homeowners are struggling to keep up with their mortgage repayments

13 November 2014

Church of England proposes school savings clubs

Children as young as four are encouraged to join savings clubs as part of a bid to prevent them relying on payday loans

13 November 2014

Ulster Bank fined £2.75m over 'unacceptable' IT failure

Ulster Bank has been fined almost £2.75 million over an IT failure that prevented thousands from using their accounts

12 November 2014

Tesco to refund customers after ditching kitchen business

Tesco says customers won't lose out after it pulled out of its kitchen and bathroom fitting service - Mark Two

12 November 2014

Old Barclays savings accounts to be transferred to Everyday Saver

About 2.6 million customers will get a rate boost as a result of the move, but nearly half a million will be worse off

12 November 2014

Collective switching comes of age as 60,000 save £10 million

Energy secretary Ed Davey has welcomed the UK's biggest collective switch which has saved users a combined £10 million

11 November 2014

Tube fares to rise 2.5% next year, but daily usage caps will fall

Tube fares will increase by slightly less next year than they did this year, but the daily cap for PAYG users will fall

11 November 2014

On a mortgage lender's SVR? Check you're not paying too much

Many homeowners with a decent credit score and 10%+ equity who are on a SVR for their mortgage could ditch it and save

11 November 2014

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