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MoneySavingExpert News

August 2022

Tesco Bank has upped the interest rate on its easy-access cash ISA, but existing customers can only benefit by opening a new account and transferring over their savings. Here's the situation and some tips for those affected.
21 August 2022
Today (22 August) is the last day for John Lewis & Partners shoppers to benefit from the retailer's 'Never Knowingly Undersold' price promise before it is scrapped. The pledge is coming to an end after almost 100 years.
21 August 2022
Sky TV customers should check their bills NOW as millions are still not being told their contract is coming to an end. The telecoms giant is adamant it doesn't need to send end-of-contract notifications to its TV customers, despite being told to do so.
21 August 2022
Barclays customers have voiced concerns after being given just one month's notice that their "safety net" overdrafts will be removed during the cost of living crisis. The bank has told us it's cancelling overdrafts for some users who haven't dipped into them in for at least a year. Unhappy customers can appeal the decision - though make sure an overdraft is right for you first. Here's what you need to know.
21 August 2022
'Buy now, pay later' (BNPL) firms - and retailers promoting their services - have been warned by the financial regulator not to mislead shoppers in adverts and promotions. Here's what to watch out for and what you need to consider before using a BNPL provider.  
18 August 2022
Iceland has begun offering interest-free loans of up to £100 to those struggling with the cost of living, with the money to be used on your Iceland shop. But - as with any borrowing for everyday living expenses - be careful as you may get stuck in a cycle of debt. 
18 August 2022
Energy regulator Ofgem has decided against moving the cost of supplier failures out of the standing charges for gas and electricity and recovering it through the unit rates instead. MoneySavingExpert.com founder Martin Lewis has been calling on Ofgem to shift the burden in the price cap away from the standing charge, to ensure that those who cut down their use see a real impact on their bills.
17 August 2022
Holidaymakers affected by Dream World Travel going bust in July may still be able to travel as planned. For those who can't, you may be able to claim a refund via a new claims portal set-up by the aviation regulator.
17 August 2022
Hundreds of music fans are demanding refunds on tickets they bought, after a last-minute change to the headline act at Reading and Leeds Festivals. Below we explain your rights if you no longer want to go.
15 August 2022
School leavers getting their A-level results this week should be aware that deferring for a year means they'll be on the new student finance system being introduced in England in September 2023, and will repay their loan for a much longer period, potentially costing £10,000s more.
15 August 2022

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