MoneySavingExpert News
December

15 HUGE MoneySaving Successes of twenty twenty WON - can you win big too?
As another difficult year ends with bad news aplenty, we wanted to lift the mood by warming your cockles with inspiring MoneySaving successes from people who used our tips in 2021...
29 December 2021

Households to face a £1,200 hit from next April with 2022 set to be the 'year of the squeeze'
Households across the country are set to face an income hit of £1,200 a year due to rising energy prices, tax increases and wage stagnation, according to a report by the think tank Resolution Foundation.
28 December 2021

Revolut hands 50,000 customers £20 after banking problems during the Black Friday sales
Revolut has given 50,000 people a £20 free credit after users of the banking app experienced delays in making purchases and carrying out transfers during the Black Friday sales.
24 December 2021

Been transferred to a new energy firm from a bust supplier? Check you're not paying twice
We've seen reports from scores of customers who pay by direct debit saying they have had payments taken from both suppliers – if that's you, here's what you can do.
24 December 2021

Aldi, John Lewis, Sainsbury's and more will close stores on Boxing Day but some still plan sales - here's the full info
Aldi, John Lewis and Sainsbury's are among the major retailers bucking trends by closing stores this Boxing Day.
24 December 2021

'Fix Your Bike' £50 voucher scheme quietly axed by the Government
It means cyclists in England will no longer be able to get their hands on a £50 voucher to help towards the cost of future bike repairs.
23 December 2021

Nationwide to refund customers hit by fees after being unable to receive or send payments
The bank says it is trying to resolve the problem, which means there is currently a delay on outbound and inbound faster payments.
22 December 2021

Covid-hit businesses eligible for new Government support scheme
Businesses that have been financially impacted by the coronavirus pandemic could receive a grant of up to £6,000 under a new £1 billion support package.
21 December 2021

Warning: HSBC customers should triple check payments when transferring cash after app update – some almost sent £1,000s by mistake
HSBC customers who use the company's app should carefully check the value of any transfers they make after the bank changed the way people enter payments, with some warning they nearly transferred thousands of pounds by mistake.
20 December 2021

British Gas customers should DO NOTHING and ignore messages to one click switch that could cost them £100s a year more
British Gas customers should ignore emails they have received from the UK's biggest energy supplier encouraging them to switch to fixed-price deals as it could make them £100s a year worse off.
20 December 2021
10 August 2022
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Bank switching bonanza
Five now pay big to win you
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URGENT mortgage and saving tips
As base rate hits 14-yr high
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Predictions put energy price cap up a horrifc 82% in Oct
Should you fix?
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New. Longest 0% spending card since 2020
With £20 cashback
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FREE £4 Higgidy pie, FREE £3 plant-based burgers
Plus more coupons
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Hamilton tix for £10, Harry Potter for £20 & more
Theatre lotteries are back
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108Mb Virgin broadband '£17.40/month'
Ends Thursday
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Iceland is giving away free £30 food vouchers to pensioners struggling with the cost of living - but hurry, there's only limited numbers left
9 August 2022Iceland is giving away free one-off £30 food vouchers to certain pensioners struggling with the cost-of-living. At launch, 40,000 vouchers were available and the deadline to apply is 18 August. However, the supermarket said there's been a strong uptake with voucher numbers starting to dwindle - so hurry to apply if you're eligible as it's on a first come, first serve basis. -
Martin Lewis urges 'zombie Government' to 'wake up' as energy price cap predicted to rise to £4,266 a year
9 August 2022Millions of people are facing "unaffordable" energy bill rises from October, as the price cap is now predicted to rise from £1,971 a year to £3,582 a year for someone on typical use, with a further 19% rise expected in January 2023, taking typical bills to £4,266 a year. -
RAC hikes breakdown cover prices by more than 30% in some cases – here's how to beat the increases
9 August 2022RAC breakdown cover policyholders will see prices hiked, in some cases by more than 30%, at renewal. But if you've had a notification of a price rise, you don't have to accept it. You may be able to leave penalty-free, or haggle to get the price lowered. -
Bank of England increases base rate to 1.75% – what the rise means for your mortgage and savings
9 August 2022The Bank of England has increased the base rate to 1.75% from 1.25% - the biggest single rise in 27 years. This rate is used by the central bank to charge other banks and lenders when they borrow money – and influences what borrowers pay and savers earn. -
Coventry Building Society customers hit by payment delays after online services go down – here's what you need to know
9 August 2022Coventry Building Society customers have been unable to make payments, transfer cash or withdraw from their current and savings accounts online after "an internal technical issue" meant some of its services went down for almost two days.
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Martin Lewis: The one thing everyone aged over 66 needs to know
9 August 2022It is a national tragedy that getting on for a million pensioners, many of whom have been paying into the system for years, are missing out on a critical boost to their income. It's called pension credit, and this year it also means you get an extra £650 to help with energy bills. -
Martin Lewis: Don't shop at Zara before you go to Spain, Greece, France or Italy
11 July 2022Update 17 July 2017: We tend to think since Brexit that the pound’s weaker than it has been for decades. While somewhat true against the dollar, against the euro it’s only a tad worse now than when I first wrote this in 2014. The logic of this blog stands just as strongly now. On the Spanish-English website...