MoneySavingExpert News

December

Beware of local councils promising new energy switch events – they may not be all they're cracked up to be

Local councils across Britain have opened up registration for an upcoming collective energy switch event. While there's nothing wrong with these schemes, it's important not to rely on these schemes for cheap energy – particularly with the energy market in crisis right now.

13 December 2021

Martin's Christmas warning: Remember you have no legal right to return store-bought goods because you’ve changed your mind

Martin's festive caution formed part of his Christmas shopping 'last ditch need-to-knows' revealed in the latest episode of ITV's The Martin Lewis Money Show. Find out more below.

13 December 2021

Energy supplier failures will add an extra £94 to household bills next year, warns Citizens Advice

The recent collapse of many UK energy companies will add an extra £94 to household bills from next year as the firms left in the market look to pass on the costs of taking on stranded customers, according to a damning new report from Citizens Advice that is also highly critical of the regulator.

10 December 2021

Nationwide to close 15,000 accounts used by small charities and clubs

Nationwide is to close 15,000 'Treasurers Trust' savings accounts, used by small charities, clubs and societies with a low annual turn over.

9 December 2021

Financial watchdog releases Christmas anti-fraud jingle to help consumers scupper loan fee scammers

The finance watchdog has released a Christmas jingle music video as part of an anti-fraud campaign to help protect consumers from loan fee fraud this festive season.

9 December 2021

Police issue warning over fake emails claiming to be from Martin Lewis after more than 300 reported to Action Fraud in one week

The email could result in your personal and financial information falling into the hands of fraudsters.

8 December 2021

British Airways glitch sparks anger as customers unable to convert Avios frequent flyer miles into Nectar points

Swathes of frustrated British Airways customers have been unable to convert their Avios frequent flyer points into Nectar rewards because of a glitch with the airline's systems, which has resulted in an outpouring of anger online.

8 December 2021

Zopa to close ALL investor accounts - what this means for you

Zopa has this week closed all of its 60,000 existing investor accounts. If you're an investor, you'll be able to access your money by 31 January 2022 at the latest. If you're a borrower, nothing is changing and you should carry on with your repayments as normal.

8 December 2021

Financial firms will have new duty to act in consumers' best interests under sweeping plans

The financial watchdog has proposed sweeping changes that would mean financial service providers give consumers better protection while preventing them from harm before it even happens.

7 December 2021

Benefits recipients to receive a £10 Christmas bonus – who’ll get it?

If you are eligible, the money should be paid automatically but you can claim if you think you've wrongly missed out.

6 December 2021