MoneySavingExpert News


Payment freezes confirmed for car finance and high-cost credit customers struggling due to coronavirus

The financial regulator has confirmed a new set of payment freezes for customers struggling due to coronavirus, to be be introduced on Monday

24 April 2020

MBNA credit card customers wrongly chased for 'overdue' bills after agreeing payment holidays

MBNA credit card customers who agreed a payment holiday because they are struggling due to coronavirus have been mistakenly sent text messages chasing 'overdue' payment. If you're received one of these texts you can safely ignore it – so long as you're sure your payment holiday has been confirmed

23 April 2020

Martin persuades Government to allow firms to rehire and furlough staff who left for other jobs

If you left a job after 28 February, you can be rehired by the old company and furloughed

23 April 2020

Vulnerable Post Office customers offered cash deliveries

Vulnerable Post Office customers who need to shield during the coronavirus pandemic can now have cash payments delivered straight to their homes as part of a new scheme

22 April 2020

Ryanair refunds farce as passengers who requested money are sent vouchers instead

MSE has urged the Civil Aviation Authority and Trading Standards to investigate after scores of angry Ryanair passengers complained that they'd been sent vouchers for cancelled flights, despite specifically requesting a refund

21 April 2020

Admiral to give car and van insurance customers a £25 refund due to coronavirus lockdown

A £25 refund will be automatically given to all customers for each car and van covered with Admiral as of 20 April 2020, which makes for a total of 4.4 million refunds

21 April 2020

Marcus and Saga cut easy-access savings rates again

The two top-paying easy-access savings providers Marcus and Saga cut the interest they pay new customers to 1.2% on Friday, and existing customers will also see rates drop. But after rival bank Aldermore also cut its rates over the weekend, Marcus and Saga remain the best buys

20 April 2020

130,000 Metro Bank customers to get overdraft refunds

A total of 130,000 Metro Bank customers will receive average payments of about £86, after the bank failed to warn them properly about unarranged overdraft charges

20 April 2020

Coronavirus furlough scheme opens for applications

The Government’s Coronavirus Job Retention Scheme went live this morning

20 April 2020

Furlough scheme extended by one month

The Government's Coronavirus Job Retention Scheme, which allows firms to furlough employees and have 80% of their wages paid by the Government, is to be extended by one month

17 April 2020