MoneySavingExpert News

November

Government stops sending misleading 'save £290 switching energy' notices, after MSE intervenes

The Department for Work and Pensions (DWP) has scrapped envelopes which wrongly advised 10 million people, many of them vulnerable, to switch energy tariff after MSE intervened.

16 November 2021

'Real living wage' rises to £9.90/hr

More than 300,000 workers are due to receive a pay rise as the 'real living wage' has increased from today - and you'll earn £1,000s more each year compared to the Government's legal minimum wage.

15 November 2021

Martin Lewis: Premium Bonds – are they worth it? New analysis

Premium Bonds can beat easy-access accounts if you're saving over £4,000, MoneySavingExpert.com founder Martin Lewis has revealed.

12 November 2021

Tesco Bank current account holders have until Monday to benefit from switching offers of up to £130 before their accounts are closed

Tesco Bank is closing its current account arm and users have until 11.59pm on Monday 15 November to benefit from cash switching bonuses of up to £130 offered by other providers. The bank will close all of its remaining current accounts on 29 November.

12 November 2021

Ampoweruk, Bluegreen Energy, Omni Energy and Zebra Power 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.

12 November 2021

Uber hikes fares in London by up to 25%

Londoners who use app-based taxi service Uber will see fares rise by up to 25% from today for trips around the capital and to the city's major airports.

11 November 2021

Urgent support needed as 2.8m people with mental health problems fall into council tax debt, says charity

Action is needed from the Government and local councils to help support millions of people in council tax arrears.

11 November 2021

Government WRONGLY tells 10 million people to switch energy tariff – many of them vulnerable

In an embarrassing move from the DWP, 10 million people will receive a letter with information encouraging them to switch to a cheaper energy tariff, despite energy prices at a record high and firms going bust left, right and centre.

10 November 2021

Ofgem orders Utility Warehouse to pay £1.5m for failing customers in debt - here's what to do if you are struggling to pay your bills

Energy regulator Ofgem has told Utility Warehouse to pay £1.5m after it failed to support customers who were struggling to pay their bills. This then led some of these customers to find themselves in financially worse situations.

10 November 2021

Millions of iPhone users miss out on £750 payout as campaigners lose Google Supreme Court challenge

Campaigners who launched legal action against Google over claims it secretly tracked millions of iPhone users’ internet activity have had their class action case blocked by the Supreme Court.

10 November 2021

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Lloyds Bank ordered to settle two-year-old Section 75 claim involving PayPal - here's how you can fight for a refund too

19 January 2022

Lloyds Bank has been ordered by the Financial Ombudsman Service (FOS) to settle a so-called 'Section 75' claim that is almost two-years old after the high-street lender tried to avoid making a payout because the items were bought via PayPal.
Martin Lewis: Pay more than £10/mth on your mobile bill? You’re probably burning cash – here’s how to cut costs

18 January 2022

Bill payers may be surprised to learn that if they’re paying more than £10 a month for their mobile phones, they may be burning through cash. That’s the message from MoneySavingExpert.com (MSE) founder Martin Lewis this week as he offers tips on cutting the costs of your phone bill.
Together Energy ceases trading – here's what it means for your gas and electricity

18 January 2022

Together Energy, including its subsidiary Bristol Energy, has ceased trading. In total, the two brands have about 176,000 household customers between them. 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.
Martin's debt costs masterclass: Can't afford to clear your debt? You can't afford not to move it to up to 35mths at 0% saving £1,000s

18 January 2022

So as it's January, we're in a cost of living crunch, and New Year debt bills are being received by millions, it's time for my annual interest-cutting masterclass.
Motorbike insurer MCE to cancel cover for all 105,000 policyholders – what it means for you

18 January 2022

MCE Insurance Company, which was one of the UK's biggest motorbike insurers, is to cancel all of its 105,000 remaining policies after falling into administration last year. The moves comes despite the insurer initially promising to honour existing cover until its planned end date.