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MoneySavingExpert News

November 2021

Bulb, which supplies more than 1.7 million households, has collapsed into a so-called 'special administration', becoming the largest firm to fail during the current energy crisis. This process, which hasn't been used before in the energy market, means Bulb will continue to operate as usual for existing customers for now. But it will no longer take on new customers and its future as a company is uncertain.
25 November 2021
Orbit Energy and Entice Energy, which have over 70,000 household customers between them, have become the latest energy providers to cease trading – meaning a total of 22 domestic energy suppliers have failed since September. 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
MCE Insurance Company, one of the UK's biggest motorbike insurers, has fallen into administration. The collapse affects around 105,000 policyholders but MoneySavingExpert.com can confirm that customers will continue to be covered until the end of their policy and claims will still be paid. 
25 November 2021
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 has agreed 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
Neon Reef and Social Energy Supply, which have over 35,000 household customers between them, have become the latest energy providers to cease trading – meaning 19 domestic energy suppliers have gone bust since September. 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.
22 November 2021
Following the shock announcement that Amazon will stop accepting Visa credit cards in January 2022, Martin Lewis explains how you can get up to £20 when changing your default Amazon payment card. The MoneySavingExpert.com founder also discusses the top cashback and reward credit cards in the latest episode of The Martin Lewis Money Show. 
19 November 2021
The cost of buying school uniform for children in England will fall from next year after new statutory guidance has been published that forces schools to keep prices down to ensure uniform costs do not become a barrier to education. Costs won't, however, be capped. 
19 November 2021
Northern Ireland's largest electricity supplier Power NI is to increase electricity prices by 21.4%, meaning the typical bill for those on its standard tariff will jump by a massive £131/year.
19 November 2021
More than two million Premium Bond prizes worth a combined £74 million remain unclaimed, according to the latest figures from National Savings and Investments (NS&I). If you have or have ever had Premium Bonds, here's how to check if you've won.
18 November 2021

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