MoneySavingExpert News
October

More than seven million people now struggling to pay their bills - here's the help you can get if you're facing financial difficulty
Almost eight million people in the UK are currently struggling to pay their bills, according to the financial regulator. If you are facing financial difficulty, we explain how to check if you're eligible for support and how to try and cut costs and save on essential bills.
21 October 2022

Martin Lewis: Warning - fix your mortgage if you want certainty but you could end up paying more than you need to
Planning to fix your mortgage? You might want to wait a little while longer before doing so as you could end up paying more than you need to. That's the warning MoneySavingExpert.com founder Martin Lewis gave in the opening episode of the new series of ITV's The Martin Lewis Money Show Live.
20 October 2022

What's happening to mortgage rates following the mini-budget reversal – MSE's analysis
Interest rates on mortgages could start falling in the next few weeks, following the Government's reversal of its mini-budget which has helped calm the financial markets.
18 October 2022

TalkTalk is hiking the price of its TV service to £5 a month - but you can cancel penalty-free if you're not happy
TalkTalk is hiking the price of its TV service from £4 to £5 a month for all new and existing customers from 1 November 2022. But it's an optional add-on, so you can cancel at any time penalty-free. Here's what you need to know.
18 October 2022

Smart prepay energy user? MSE is urging firms to let you use Government payments on gas AND electricity – here's what each firm is doing
MoneySavingExpert.com is calling on energy firms to make it possible for prepay customers with smart meters to use their £400 energy support payments on both electricity AND gas, as it's the gas meter that's crucial for many people's heating this winter.
18 October 2022

The energy price guarantee is now set to end in April next year – here's what the change means for your bills
The energy price guarantee, which was introduced on 1 October to protect households from a hideous 80% increase in energy bills, will now only last until April 2023, rather than for the next two years as originally planned.
18 October 2022

Chancellor's emergency fiscal budget – Jeremy Hunt scales back energy support and reverses tax reforms: Here's what you need to know
New Chancellor Jeremy Hunt has reversed a host of tax reforms and drastically scaled back energy help previously announced in September's mini-budget.
18 October 2022
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Waitrose brings back 'free' coffee for myWaitrose members - but you'll need to bring your own cup to avoid a £4 charge
If you're a 'myWaitrose' loyalty scheme member you'll soon be able to get a 'free' coffee when you make a purchase in store as the supermarket has announced it will bring back the popular deal.
17 October 2022

Chase boosts interest rate on easy-access saver to 2.1% – but you can get higher rates elsewhere
New and existing savers will automatically get the new rate from Monday 24 October – but you can get higher easy-access rates elsewhere.
17 October 2022

NatWest to shut another 43 branches – here's the full list, plus alternatives
NatWest Banking Group has announced another round of bank branch closures, with 43 more NatWest-branded outlets set to shut between January and March next year. The move is on top of the announced closure of 32 branches earlier this year. Below we list the branches disappearing and what the alternatives are if you still want face-to-face banking.
14 October 2022
22 March 2023
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Beat April price hikes
Martin's 11 must-do NOWs
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Superfast fibre '£18/month'
Broadband hikes are coming
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15GB data Sim for '£5/month'
Or '£9/month' for 100GB
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Tesco Clubcard triple-up axed
3 months left to max gains
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FREE £50 investment
It's back!
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'Got a Power of Attorney?'
'It's probably more important than a will'
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Important Budget briefing
Including Martin's video summary
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Read the full email
For all the latest deals, guides and loopholes simply sign up today – it's spam-free!
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Ovo launches one-year fixed tariff – but is it worth switching to?
24 March 2023Almost every household has been charged the same price for their energy over the last year under the Energy Price Cap (EPC) and the Energy Price Guarantee (EPG), with no cheaper fixed deals to switch to. That has now changed, with Ovo launching a one-year fix for existing customers that undercuts the EPG level of £2,500 a year. -
BT customers 'forced into overdrafts' after duplicate payment error - here's what you need to know
24 March 2023BT customers have complained that they've been forced into overdrafts after payments were wrongly taken twice this month. The telecommunications giant said it will refund any duplicate payments taken automatically. -
Martin Lewis: Four urgent ways you may be due £1,000s in tax back – if you're married, had a PPI payout, wear a work uniform or even just pay tax
23 March 2023If you're married or in a civil partnership, have ever had a PPI payout, wear a uniform to work or pay any income tax, you could be due £100s or even £1,000s in tax back – but you'll need to check urgently. -
Bank of England increases base rate to 4.25% – what the rise means for your mortgage and savings
23 March 2023The Bank of England has increased the base rate from 4% to 4.25%. This rate is used by the central bank to charge other banks and lenders when they borrow money – and so it influences what borrowers pay and what savers earn. -
Broadband and mobile users to be hit with price hikes of up to 17.3% in April – here's what you need to know
23 March 2023Millions of BT, EE, O2, Plusnet, Shell, Sky, TalkTalk, Three, Virgin Media and Vodafone customers will be hit with price hikes of up to 17% this spring, on the back of a sharp increase in the cost of living.
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Martin Lewis: Is it time to ban unnecessary Christmas presents?
5 December 2022Update September 2017: It’s eight years since I first braved this subject, expecting a snowstorm of protest. Instead, year after year more join in, like Julia who recently tweeted me, “@MartinSLewis, finally took your advice and told my family I can’t afford Christmas presents. What a weight off my mind. Thank you.” One year even the Archbishop of... -
Martin Lewis: The one thing everyone aged over 66 needs to know
29 November 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.