MoneySavingExpert News

2022

Warning: Martin Lewis and MSE have NOTHING to do with viral social media posts urging people to bombard energy firms with complaints

A viral post being shared on Facebook and Twitter alongside a photo of Martin Lewis claims people can "fight extortionate price hikes" by submitting complaints and subject access requests to their energy supplier – but it's nothing to do with Martin or MSE.

10 August 2022

Student loan interest rates to rise from September – what it means for you

Student loan interest rates will rise for many from September, the Government has confirmed. But this WON'T make a difference to your monthly repayments.

10 August 2022

Mortgage lenders lengthen product transfer periods to allow homeowners to lock in new deals earlier – here's what you need to know

Several major lenders have increased how far in advance existing borrowers can lock in a new mortgage deal as interest rates rise. It comes as many homeowners look to start the process of lining up a new mortgage earlier than usual, hoping to get a cheaper deal and stay ahead of future rate rises after the base rate hit 1.75% last week – its sixth increase since December 2021.

10 August 2022

John Lewis 'Partnership' credit card user? You'll no longer be able to use your card from 31 October – here's all you need to know

John Lewis Partnership credit card-holders will no longer be able to use their Mastercards from 6pm on 31 October 2022.

10 August 2022

Iceland is giving away £30 food vouchers to pensioners struggling with the cost of living – but hurry, only limited numbers are left

Iceland is giving away free one-off £30 food vouchers to certain pensioners struggling with the cost of living.

9 August 2022

Martin Lewis urges 'zombie Government' to 'wake up' as energy price cap predicted to rise to £4,266 a year

Millions of people are facing "unaffordable" energy bill rises from October, as the price cap is now predicted to rise from £1,971 a year to £3,582 a year for someone on typical use, with a further 19% rise expected in January 2023, taking typical bills to £4,266 a year.

9 August 2022

RAC hikes breakdown cover prices by more than 30% in some cases – here's how to beat the increases

RAC breakdown cover policyholders will see prices hiked, in some cases by more than 30%, at renewal. But if you've had a notification of a price rise, you don't have to accept it. You may be able to leave penalty-free, or haggle to get the price lowered.

9 August 2022

Bank of England increases base rate to 1.75% – what the rise means for your mortgage and savings

The Bank of England has increased the base rate to 1.75% from 1.25% - the biggest single rise in 27 years. This rate is used by the central bank to charge other banks and lenders when they borrow money – and influences what borrowers pay and savers earn.

9 August 2022

Coventry Building Society customers hit by payment delays after online services go down – here's what you need to know

Coventry Building Society customers have been unable to make payments, transfer cash or withdraw from their current and savings accounts online after "an internal technical issue" meant some of its services went down for almost two days.

9 August 2022

Need to buy school uniform? Check if you can get a grant of up to £200 to help with the cost

We've searched through council websites to find which offer it – check to see if you're eligible and what you could get.

9 August 2022