May 2020

More than 1.5 million businesses struggling due to coronavirus took out a 'bounce back loan' before the scheme closed to applications on 31 March 2021. Bounce back loans are 100% state-backed, worth up to £50,000, and with no interest charged or repayments needed in the first 12 months. Here we take you through how the loans work and what your options are if you're struggling to repay – plus the Treasury answers your questions.  

MoneySavingExpert.com is today launching the Academoney, or more formally the MSE Academy of Money – a new, free online adult financial-education course provided jointly with the Open University. 

Santander will cut the interest rate on its popular 123 account again in August to 0.6%, MoneySavingExpert.com can reveal. This comes on top of a rate cut in May from 1.5% to 1% and should act as a clarion call for anyone still with the 123 account to switch to better payers – and there are still a few out there.

There are as many as 365,000 static caravans in the UK, and van owners tend to pay upfront fees to caravan parks – which are £1,000s each year. They've asked us if they can get partial refunds because they cannot access their vans, or the parks, as a result of lockdown restrictions.

BT Sport customers will be able to get a 50% bill credit on their subscriptions this month, with Premier League football now set to return on Wednesday 17 June.

The Chancellor Rishi Sunak has announced a series of changes to the Government's furlough scheme today, including workers being able to go back part-time from July. Here's what you need to know.

The Government's Self-Employment Income Support Scheme will be extended and will pay out another single grant covering three months, the Chancellor has announced today. He also said this will be the final grant from the self-employment scheme.

Sky Sports customers who have 'paused' their subscription during the coronavirus pandemic are set to be billed from Friday 19 June, if moves to kick off live sport again go ahead as planned.

Currys PC World has apologised after facing a deluge of complaints from customers struggling to get in touch with it about missing orders, returns and repairs.  

Mis-sold customers of collapsed loan provider Wage Day Advance will get only 5.68p of every £1 they're owed in compensation. The news was announced by administrator KPMG, which is overseeing the compensation process.