2021

Martin Lewis has AGAIN warned the Government against possible retrospective changes to the terms and conditions of existing student loan contracts. In a new video, the MoneySavingExpert.com founder responds to reports of a possible shake-up to student loans, which could see the earnings threshold you start repaying at cut, costing many £400/yr more. 

Avro Energy and Green Supplier Limited have become the fifth and sixth energy providers to cease trading this month alone, affecting more than 800,000 households between the two firms. If you're with either company, your energy supply will continue and credit balances are protected. But DON'T switch now – sit tight and wait until your new supplier has contacted you. 

Tips will go directly to hospitality staff under new legislation due to be introduced by the Government. The change, which the Government says will be implemented as soon as Parliamentary time allows for it, will make it illegal for employers to withhold tips from their workers. 

American bank JP Morgan Chase has this week announced the launch of a brand new current account in the UK. It offers customers 1% cashback on most spending for a year, 5% interest on savings made when you round-up purchases, and fee-free debit card use abroad. But most can only get it from November and you could earn up to £130 switching bank account NOW, so is Chase's account worth it? 

In the first episode of a new series of his live ITV show, MoneySavingExpert.com founder Martin Lewis has urged households to take a screenshot of their online energy account now in case their provider goes bust. His warning comes after six energy suppliers ceased trading this month as the price firms pay for gas and electricity soars to new highs. 

PCR Covid test providers have been told by the Competition and Markets Authority (CMA) to clean up their practices amid concerns they may be breaking consumer law. An open letter has been written by the watchdog identifying a number of "harmful" practices, which it says it will further investigate. 

Monzo has become the first major bank to launch its own buy now, pay later (BNPL) scheme. The bank's 'Flex' service enables its current account customers to make interest-free repayments in three instalments over three months on purchases worth between £30 and £3,000. But interest of 19% APR will be charged if you need to repay in more than three instalments. Here's what you need to know. 

Almost half (47%) of MoneySavers prefer to contact customer services via phone, a new MoneySavingExpert.com poll has found. However, this varies greatly by age, with most younger respondents (aged 49 and under) preferring to use Live Chat services over phone. 

It's been over two years, and a pandemic, since we last had so many top banks throwing cash out to vacuum in new customers. This month alone, four new deals have launched. So if you're not deliriously happy with your existing bank account, carpe payem (seize the payment) and do it now while the choice is wider than a whale's yawn.

Energy suppliers People's Energy and Utility Point have both ceased trading today, affecting more than half a million households. If you're with either firm, your energy supply will continue and credit balances are protected. But DON'T switch now – sit tight and wait until your new supplier has contacted you.