August 2021

Tesco Bank is temporarily declining requests from some existing customers to switch their current account to a new provider. The supermarket giant says it's struggling after being inundated with requests to switch following its announcement last month to close all of its 213,000 current accounts by 30 November 2021. 

Halifax has launched a two-year fixed mortgage with a record low interest rate of 0.83%. It comes amid a mortgage rate war with five-year fixes also dropping below 1% for the first time EVER last month. It's yet another reminder to check whether you could save £1,000s on your own mortgage now. 

Deals website Groupon faces court action unless it improves how it treats its customers, the Competition and Markets Authority (CMA) has said. It comes after the watchdog found Groupon failed to provide some customers with cash refunds they were legally entitled to, only offering credit instead.

Energy bills will rise by a typical £139/year for 11 million households in October, as regulator Ofgem revealed the new price cap level this morning – but most can beat the hikes by switching supplier. 

France is to be moved back on to the Government's standard 'amber' travel list for holidaymakers returning to the UK from Sunday. The change means travellers who are fully vaccinated or under 18 will not have to self-isolate on their return.

Borrowers with mis-selling claims against Glo, Greenwood, Provident or Satsuma likely won't now get the full amount they're owed. It comes after the High Court approved a new scheme put forward by the firms' parent company, Provident Financial, which will limit payouts and set a time restriction on claims. But don't let that put you off if you think you've been mis-sold, as you could be due £100s.

Over a million more homes and businesses in England are set to get ultrafast broadband connectivity as part of a £5 billion upgrade – though work on the project won't start until next year at the earliest.