MoneySavingExpert News

January

Minister considering extending regulation to help mortgage prisoners

Treasury Minister John Glen has said that he is willing to consider extending the limits of the financial regulator's powers to help more 'mortgage prisoners' who are stuck on expensive deals with unregulated lenders and lenders that no longer offer new mortgages

28 January 2020

Order fom Ocado before Christmas? Check your bank statements as customers hit by delayed charges

Some Ocado customers who made orders before Christmas using their Mastercards have only just had their payments taken, leaving them with delayed charges of £100+ in some cases

28 January 2020

Martin: 'FCA subtly slaps banks' wrists – and provides some relief for overdraft prisoners'

The financial regulator has written to major banks asking them how they decided on their overdraft prices, after several providers announced rates to 40% - and it's warned that banks must act to help consumers hurt by the changes

28 January 2020

Giffgaff to hike pay-as-you-go prices – but boost some 'goodybag' allowances

Mobile operator Giffgaff will ratchet up the price of calls and double the price of texts for customers on standard pay-as-you-go next month - but many who buy its 'goodybag' bundles will benefit from more generous allowances

24 January 2020

Sonos to stop updating old speakers – your rights

The electronics company is to stop sending software updates to older speakers and other devices from May, meaning they'll lose "some functionality"

24 January 2020

Octopus to take on Engie's 70,000 customers – here's what you need to know

Octopus Energy is set to take on all 70,000 customers supplied by Engie after a buyout was agreed – if you're with Engie, here's what you need to know

23 January 2020

Parents who lose a child to get two weeks of leave under new law

Parents who suffer the loss of a child under the age of 18 will be legally entitled to two weeks' leave from work under 'Jack's Law', the Government has announced

23 January 2020

Military veterans to get a third off train travel with new railcard

A new railcard giving cheaper fares for military veterans will be launched from Armistice Day this year

22 January 2020

Lloyds, Halifax and Bank of Scotland to charge up to 49.9% interest on overdrafts from April

Lloyds, Halifax and Bank of Scotland will scrap daily fees for arranged overdrafts from April and instead charge an interest rate based on customers' credit history

22 January 2020

Boots to cut extra loyalty points given to parents and over-60s

Boots is to cut the number of points that customers of its Advantage Card Parenting Club and Over 60s rewards schemes by 20%

21 January 2020