MoneySavingExpert News
August

Tesco Bank switches delayed as it struggles with demand after revealing plans to close its 213,000 current accounts
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.
10 August 2021

Groupon threatened with court action after refusing cash refunds
Deals website Groupon faces court action unless it improves how it treats its customers, the Competition and Markets Authority (CMA) has said.
9 August 2021

Mortgage rates hit record low AGAIN as Halifax launches 0.83% two-year fix – how to find the best deal for you
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.
9 August 2021

Energy bills set to rocket for millions as price cap is hiked by £139/yr to its highest-ever level – but many can save £240/yr by switching
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.
6 August 2021

France travel restrictions eased in latest 'traffic light' system shake-up – fully vaccinated holidaymakers WON'T have to quarantine on their return
France is to be moved back on to the Government's standard 'amber' list from Sunday for travellers returning to England. The change means holidaymakers who are fully vaccinated or under 18 will not have to self-isolate on their return.
5 August 2021

Provident to limit loan mis-selling payouts for up to four million customers under new redress scheme – what it means for you
Anyone with a current or future guarantor, doorstep or payday loan mis-selling claim against Provident, Glo, Greenwood or Satsuma, some of the sectors' biggest lenders, likely won't now get the full amount they're owed.
4 August 2021

More English counties to get ultrafast broadband upgrades – is your area on the list?
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.
2 August 2021
25 May 2022
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10 big tips to cut motoring costs
Including MSE's new car insurance tool
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Top savings rates for a decade
1.5% easy access, 2.68% fixed
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Reclaim lost cash for FREE
Up to £50 billion's waiting to be found
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Energy price cap predicted to rise 42%
Should you fix?
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£25 M&S beauty bag with £30 spend
Normally £160
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Aged 45-70?
Can you boost state pension by £1,000s?
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Amazon £10 off £30 for some
Plus another 33 Amazon tricks
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Read the full email
For all the latest deals, guides and loopholes simply sign up today – it's spam-free!
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Watch Martin Lewis's Q&A with Rishi Sunak on the new cost of living support package - plus more info on today's announcement
26 May 2022Watch Martin Lewis, founder of MoneySavingExpert.com's (MSE), Q&A interview with the Chancellor of the Exchequer below. Martin put his, MSE users’ and Martin’s social media followers’ questions to Rishi Sunak MP following today’s cost of living crisis support package announcement. -
Morrisons becomes the fourth major retailer to hike meal deal prices this year - here's how it compares
24 May 2022Morrisons has increased the cost of its meal deal by 50p from £3 to £3.50, making it the fourth major retailer to up prices this year. Here's how it compares. -
NS&I to increase the Premium Bond prize rate to 1.4% - here's all you need to know
24 May 2022NS&I will increase its Premium Bond prize fund rate, which is equivalent to a yearly interest rate, from 1% to 1.4% from 1 June. The odds of each £1 Premium Bond number winning a prize will also increase from 34,500 to one to 24,500 to one. -
Coronavirus travel rights
24 May 2022We've the latest on the testing and self-isolation rules for travellers visiting popular destinations abroad, plus full refund and insurance rights for overseas and UK travel. -
Mis-sold an Amigo loan? Redress could soon be on its way after High Court approves complaints scheme
23 May 2022A compensation plan put forward by Amigo Loans to return at least £112 million to borrowers it wrongly mis-sold high-interest loans to has today (23 May) been approved by the High Court. The move is a significant win for borrowers and follows a previous proposal that was rejected by the Court.
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Martin Lewis: What I asked the Chancellor to do when I spoke to him on Monday...
26 May 2022With the announcement of the Government's energy cost of living plans due out at lunchtime. I thought I'd speedily bash out a note down of what (from memory) I'd asked the Chancellor for when we spoke on Monday - and the other general suggestions I've been making. -
Martin Lewis: Got a cash ISA? You should probably ditch it
24 May 2022Press the rewind button and go way back to April 2015... Possibly on the telly in the corner of your living room, I was on-air at the time urging savers as usual to use their new tax-free cash ISA allowance – because 'money was nicer in an ISA'. But things changed in 2016. -
Martin Lewis: 'UO is just as important as UX: A tip for anyone developing their website or app'
6 May 2022I set up MoneySavingExpert.com nearly 20 years ago – when arguably the modern web was still in its infancy. With an abundance of self-belief (something I had too much of then, as I realise now) I decided not to read any books, or follow prevailing wisdom on how a site should operate – and just do it my way. -
Martin Lewis: Money and Mental Health charity 2021/22 – Covid & cost of living hell...
26 April 2022It's hard to believe the Money and Mental Health Policy Institute (MMHPI) charity is now six years old. As the chair of trustees, each year I write the foreword to its annual report – and today the 2021/22 report is out, so I thought I'd blog my formal chair's foreword here.