MoneySavingExpert News

April

Started driving to work during the pandemic and not updated your insurance? You may need to tell your insurer TODAY

A temporary extension of cover organised by the Association of British Insurers (ABI) trade body ends at 11.59pm tonight, and if you don't have the correct insurance in place you could be fined and left unable to claim.

30 April 2021

Cost of school uniform set to fall in England due to new law

Under the Education (Guidance about Costs of School Uniforms) Bill, which was rubber stamped by Parliament this week (on 29 April), the Government will set statutory guidance schools will be required by law to consider when developing their uniform policies.

30 April 2021

Local shops to offer cashback and Post Office opens ‘bank hubs’ in trials to improve access to cash

A pilot scheme in eight towns across the UK will test new ways to boost access to cash in local communities – with measures including local shops offering cashback, new 'bank hubs' in Post Offices and more free ATMs.

28 April 2021

Government rejects interest rate cap for mortgage prisoners - but the fight won't stop

The House of Commons has struck down a proposed amendment to the Financial Services Bill, which would have seen interest rates capped for certain mortgage prisoners.

27 April 2021

HSBC, First Direct, M&S or John Lewis bank customer? They're making MORE payments worth £100s to those in arrears in the past

HSBC, First Direct, M&S Bank and John Lewis Finance are making a second wave of payments to customers who were in arrears between 2010 and May 2019. Having previously paid some customers compensation for substandard service, they're now issuing refunds worth £100s for interest and charges which shouldn't have been due. So if you get a cheque out of the blue, DON'T bin it.

27 April 2021

Spotify to hike prices for some by up to £24/yr

Spotify has emailed customers with its 'Premium Family' subscription notifying them that prices will rise by £2/mth from June.

26 April 2021

Action needed to protect access to cash and ensure vulnerable people can access financial services, says House of Lords committee

Members of the House of Lords have called on the Government to protect access to cash and to do more to prevent the poorest from being excluded from access to financial services.

24 April 2021

Student loan interest rates set to drop in September – what you need to know

Student loan interest rates are set to drop for many students from September.

23 April 2021

E.on to pay compensation for taking 1.6 million payments early in Christmas billing blunder

E.on has agreed to pay £650,000 out after it unexpectedly took 1.6 million customers' direct debits up to two weeks early in December, leaving many without cash in their accounts just before Christmas. If you were hit with extra charges and haven't been compensated yet, get in touch with E.on now.

22 April 2021

Sainsbury's stops weekly Nectar bonus points offers for some shoppers in mystery loyalty scheme shake-up

Sainsbury's has confirmed a shake-up to the Nectar loyalty scheme, which could see weekly bonus-point offers phased out for some

21 April 2021