February 2022

Online retailer Studio, which has just over two million UK customers, is to appoint administrators "as soon as reasonably practicable" after failing to secure a £25 million loan needed to stay afloat. Below we've included what this means for orders, returns and repayments.

The Government has today announced plans to introduce a higher education loan scheme to help people study, train or retrain at any point during their lives via flexible courses. The loan, dubbed the 'lifelong loan entitlement', will be worth the equivalent of four years of post-18 education. Here's all you need to know. 

About 20 million households in England – those with homes in council tax bands A to D – will get a £150 rebate in April. Here's how to guarantee you'll get it on time.

Tesco is increasing the cost of its meal deal from £3 to £3.50 – the first price rise in 10 years, although Clubcard members will still be able to get the offer for £3. Here's what's happening and how you can sign up for a loyalty card to beat the hike. 

Current and former students on Plan 2 loans face much higher repayment costs following sweeping changes made by the Government today (24 February). These students will end up paying roughly £4,500 more over the life of their student loan on the back of further freezes to the repayment threshold.  

The Government has announced sweeping changes to the student loan system in England that will drastically increase the cost of education for those attending university, including lowering the repayment threshold to £25,000 a year and increasing the length of time over which graduates repay their loans by 10 years.

People who applied for a Personal Independent Payment (Pip) but had their disability benefit claim rejected should appeal the decision after the Department for Work and Pensions confirmed to MoneySavingExpert.com that it wrongly denied 80,000 people their money last year.

The Government's Test and Trace £500 support scheme will be scrapped this Thursday (24 February) after Boris Johnson announced that the majority of coronavirus self-isolation rules will come to an end in England. The support scheme was introduced in September 2020 to help low-wage workers afford to self-isolate.

Packaged bank accounts were among the most complained about financial product between October and December last year, according to the Financial Ombudsman Service (FOS) - but only 4% of complaints were actually upheld. 

Thousands of First Direct customers have had bogus payments taken from their accounts from scammers posing as the Nando's restaurant chain. Some customers claimed that fraudsters had taken unauthorised payments of around £60, although the online bank said the average transaction was £30.