MSE News

June

What are your rights to a refund if you need to change or cancel a wedding?

Including can you reschedule, what do insurers cover and will you get a refund

2 July 2020

Bounce Back Loan MSE Survey results: HSBC & Tide worst service + new customers & sole traders struggle + delays common

Substantial numbers of bounce back loan applicants suffer delays, rejections and credit checks, a MoneySavingExpert.com survey of more than 5,000 small business applicants has found

30 June 2020

Fake 'Martin Lewis' scam ads firm shut down in court – but victims lost £1.5m

An online cryptocurrency trading company which falsely claimed it was supported or endorsed by high-profile entrepreneurs including MSE founder Martin Lewis has been wound-up - but only after it lost almost £1.5 million of its victims’ funds

30 June 2020

Pockit, FairFX and other prepaid cards begin to work again after Wirecard restrictions lifted

Customers of Pockit, Anna Money, FairFX and more should now, or very shortly, be able to use their cards as usual, after the financial regulator lifted restrictions on Wirecard

30 June 2020

I'm self-employed but confused about whether I can claim that my business is adversely affected by coronavirus

100s of self-employed people are confused about what constitutes being “adversely affected” by coronavirus, we have some helpful scenarios to work out where you stand, as well as HMRC’s guidance.

30 June 2020

Payday lender Sunny goes into administration

Payday loan provider Sunny has collapsed into administration and will no longer be offering new loans

29 June 2020

Martin Lewis: 'Signs that Pockit, Anna Money, Fair FX and other Wirecard accounts may be unlocked this week'

Thousands of prepaid card users have been left unable to access their own cash after the Financial Conduct Authority today ordered Wirecard Card Solutions Ltd to suspend its operations in the UK and freeze customer funds, after a major accounting scandal at its German parent company.

29 June 2020

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Sykes Cottages reverses coronavirus refund policy after watchdog investigation

3 July 2020

UK holiday accommodation provider Sykes Cottages has reversed its policy on coronavirus cancellations and will now offer customers full cash refunds, after a wave of complaints from customers and intervention from the competition watchdog
Car finance and high-cost credit payment holidays set to be extended

3 July 2020

The financial regulator has proposed further measures to support borrowers struggling to make payments on car finance deals, buy-now-pay-later agreements and other credit products due to the coronavirus pandemic, with many set to be offered another three-month payment holiday if needed
Government starts lifting restrictions on overseas travel

3 July 2020

English holidaymakers have been given the green light to start travelling to some overseas destinations from Saturday, while quarantine requirements for returning travellers will also be lifted next week, as restrictions put in place due to the coronavirus pandemic are gradually lifted
Coronavirus Finance & Bills Help

3 July 2020

Many are worried about the UK impact of the coronavirus on their ability to pay bills and even stay in their home. This guide tells you what help's out there if you can't pay bills or pay loans or credit cards back.
Coronavirus Life-in-Lockdown Help

3 July 2020

The Prime Minister has unveiled sweeping restrictions on public movement to tackle the spread of coronavirus. This has had a huge impact on daily life, affecting everything from weddings and train travel to music events and sport. To help, we're working flat out to answer your questions on these topics and more