MoneySavingExpert News

November

UK regulator says 47,000 'mortgage prisoners' trapped on loans they can't afford to leave

Banks and building societies have been urged to relax their lending rules to help almost 50,000 'mortgage prisoners', who are trapped in expensive mortgages and are unable to switch to a cheaper deal.

29 November 2021

Trainline customers vent their anger after company unexpectedly withdraws 50% off railcards Black Friday deal just days after launch

Customers have been left frustrated after a shock U-turn by Trainline meant they could no longer get 50% off a new railcard. Shoppers were told they had until 17 December to use the discount code, however Trainline instead closed it on 26 November - nearly three weeks early.

29 November 2021

Government brings back PCR tests and isolation requirements for travellers returning to the UK

New measures include testing and isolation requirements for travellers to the UK and a strengthening of mask-wearing guidance in England.

27 November 2021

Martin Lewis: A year of being debt-free is far more important than a Christmas splurge

Martin Lewis has warned households against splurging this Christmas, while also highlighting the importance of being honest about their finances in a bid to remain debt-free over the festive period and beyond. Read below and watch the clip from The Martin Lewis Money Show Christmas Special for more.

26 November 2021

British Airways passenger wins cash refund in court after being 'pushed' to accept vouchers for Covid cancelled flights

A MoneySaver has successfully taken British Airways to the small claims court and been awarded £300 after disputing the airline's decision to issue vouchers instead of a cash refund for flights cancelled due to the pandemic.

26 November 2021

Orbit Energy and Entice Energy cease trading – here's what it means for your gas and electricity

If you're affected, your supply will continue and credit balances are protected. While it's likely you'll pay more now, there are no savings to be had by switching.

25 November 2021

Motorbike insurer MCE falls into administration - what it means for its 105,000 policyholders

MCE Insurance Company, one of the UK's biggest motorbike insurers, has fallen into administration. The collapse affects around 105,000 policyholders but MSE can confirm that customers will continue to be covered until the end of their policy and claims will still be paid.

25 November 2021

Bulb collapses into 'special administration' – what it means for your gas and electricity

Under the special administration there is no change to your supply and any credit balances will be protected. If you're on prepay, you can also continue to top up as normal, while if you're in the process of switching to or from Bulb, this will also proceed as planned.

25 November 2021

Urgent action called for as mental health sufferers consider or attempt suicide after finances hit during the pandemic

People with mental health problems have faced a much bigger hit to their finances during the pandemic than the wider population and are three times more likely to have fallen into serious debt, according to the results of a major national survey published today.

24 November 2021

PayPoint hands £12.5m to energy charities following four-year investigation into market abuse

PayPoint has been told to shake-up its services and donate £12.5 million to energy regulator Ofgem's redress fund, which largely supports vulnerable households, following a four-year investigation into market abuse.

23 November 2021