2022

Millions of letters from energy firms are dropping on to doormats with the dire news that most people's gas and electricity prices are rising by 54% on Friday 1 April. This is sadly exacerbated by the tragic situation in Ukraine, and the impact of sanctions on Russian gas suppliers. Here, MoneySavingExpert.com founder Martin Lewis provides his latest must-know energy bills crisis briefing in a video (with transcript).

On Friday 1 April, the harsh reality of the huge energy price hikes will be felt by millions of people. As we've been warning for months, the energy price cap will rise by an average 54%, and the vast majority of people will see their bills soar. Here, MoneySavingExpert.com founder Martin Lewis provides his latest energy briefing for those that pay by direct debit in a video (with transcript).

App-only bank Chase has launched a new easy-access savings account that pays a market-leading rate of 1.5% – the highest we've seen in over two and a half years. On top of that, customers can deposit a huge £250,000. Here are all the details.

Time to check down the back of your sofas for any soon-to-be-discontinued paper £20 and £50 notes, as the latest figures from the Bank of England show there are £17.6 billion's worth still floating around. But be quick, as there are only a few months left before they become invalid.

Morrisons has admitted an ongoing issue that means some shoppers are unable to place orders online – each time they try, payments are declined for no apparent reason. Details remain scant, but we explain what we know, and what you can do about it below.

Chancellor Rishi Sunak has announced sweeping changes to national insurance contributions (NICs) that will see a typical employee saving over £330 a year from 6 July 2022. The change comes as part of today's Spring Statement, with other key announcements, which we will round up below, including the basic rate of tax being cut by 1 percentage point from April 2024 and fuel duty rates being cut by 5p/litre.

Millions more Vodafone customers on a mobile, tablet, smartwatch or broadband contract will see their bills rise by 8.2% from 1 April. Here's all you need to know about who is affected and what's happening.

Lloyds Banking Group has announced another round of branch closures, with a further 60 being shut across the UK. The closures are made up of 24 Lloyds branches, 19 from Bank of Scotland and 17 from Halifax.

Update Thursday 24 March. I wanted to write this personally, as unfortunately information we were given by energy firms and the regulator no longer looks watertight and this is about prepayment meters, which many vulnerable customers have. That means even slight changes, amidst this cost of living crisis, are crucial. Below is the latest detailed information on when you can and when you can’t beat the price hike by topping up before the 1 April deadline, as well as a video where I explain the concept…

Ethnic minorities pay more than white people for car insurance, research from Citizens Advice has shown, with the charity arguing that the price differences are a result of an "ethnicity penalty".