MoneySavingExpert News

December

Got a Hotpoint or Indesit washing machine? Your rights as 100,000s of machines are recalled

Whirlpool is preparing to issue a product recall of up to 519,000 Hotpoint and Indesit washing machines found to pose a fire safety risk – here are your rights if your machine's affected

16 January 2020

National living wage to rise to £8.72 in April

The national living wage paid to workers aged 25 and over will rise from £8.21/hour to £8.72/hour from April, the Government has announced

31 December 2019

New online student loan repayment service to launch in 2020

A new online student loan repayment service will launch in 2020 to give graduates more up-to-date information about their loans, largely replacing paper statements

30 December 2019

Bus passengers across England to get better info on routes, timetables and fares

All bus passengers in England should soon be able to get accurate information about prices, routes and timetables, after the Government announced plans for a new project to make bus firms share data

27 December 2019

Council tax bills may rise by up to 4% from April

Some local authorities in England will be able to raise council tax by up to 4% in April 2020

23 December 2019

British Gas takes on Breeze Energy customers

Breeze Energy, a small energy supplier with about 18,000 domestic customers, has stopped trading, the regulator Ofgem has announced

23 December 2019

NatWest and RBS breaking new overdraft rules

RBS and NatWest are still including overdrafts when telling customers their 'available balance', despite new rules banning this

19 December 2019

Your bank account's 'available funds' can no longer include your overdraft from today

Rules coming into force today mean that a bank can no longer include your overdraft when telling you your 'available balance' or 'available funds'.

18 December 2019

Over 700,000 RBS customers owed compensation after being overcharged on currency exchanges

The customers are owed compensation worth £40 million after being overcharged between 2010 and 2014

18 December 2019

Best-buy Marcus account savings rate cut to 1.35% – what you need to know

The Marcus savings account rate has been cut to 1.35% for new customers

18 December 2019

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22 September 2021

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Martin Lewis: Take weekly screen grabs of your online energy account in case your supplier goes bust

24 September 2021

In the first episode of a new series of his live ITV show, MoneySavingExpert.com founder Martin Lewis has urged households across the country to take a screenshot of their energy account incase their provider goes bust. In the past couple of weeks alone, five energy providers have gone bust with households expecting a significant rise in energy bills this winter.
JP Morgan launches new 'Chase' bank account that pays 1% cashback and 5% interest - here's how it compares

24 September 2021

Investment bank JP Morgan has this week announced the launch of a brand new current account called 'Chase'. It offers customers 1% cashback on most spending for a year, 5% interest on savings made when you round-up purchases, and fee-free debit card use abroad. But most can only get it from November and you could earn up to £130 switching bank account NOW, so is Chase worth it?
Tips will be guaranteed to go directly to hospitality staff under new laws

24 September 2021

The change, which the Government says will be implemented as soon as Parliamentary time allows for it, will make it illegal for employers to withhold tips from their workers.
Nectar card holders can now get personalised discounts when they shop using Sainsbury's 'scan and go' service in stores

24 September 2021

Nectar card holders can now get personalised discounts of up to 30% off certain items in their Sainsbury's shop when they use its 'scan and go' service in store. But you can't currently get the offers when you shop online at the supermarket.
PCR travel test providers given official warning amid concerns over misleading prices and unfair practices

24 September 2021

PCR Covid test providers have been told by the Competition and Markets Authority (CMA) to clean up their practices amid concerns they may be breaking consumer law. An open letter has been written by the watchdog identifying a number of "harmful" practices, which it says it will further investigate.