MoneySavingExpert News


Ovo launches one-year fixed tariff – but is it worth switching to?

Almost 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.

24 March 2023

BT customers 'forced into overdrafts' after duplicate payment error - here's what you need to know

BT 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.

24 March 2023

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

If 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.

23 March 2023

Bank of England increases base rate to 4.25% – what the rise means for your mortgage and savings

The 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.

23 March 2023

Worried about passport delays due to strikes? Here's what you need to know

More than one thousand Passport Office workers across the UK will walk out between 3 April and 5 May as part of strike action over pay, pensions, redundancy terms and job security. Below we explain your travel and compensation rights if your passport is delayed.

22 March 2023

Budget 2023: Childcare support to be boosted for children from nine months and for parents on universal credit – here's what you need to know

The announcements form a package of new measures designed to help parents, revealed by the Chancellor in today's Budget.

22 March 2023

Martin Lewis: Two week ISA 'use it or lose it' warning

Interest rates are up, so ISAs are back for many - yet you need to sort them by 5 April (or likely sooner).

21 March 2023

Budget 2023: Tax-free pension limits raised - here's what it means for your savings

The annual amount you can save into a pension once you've taken money out of it will rise from £4,000 to £10,000 this April.

21 March 2023

Stamp prices to rise by up to 16% – but there's a way to beat the hike

From Monday 3 April, the cost of first-class stamps will be hiked to £1.10, while second-class stamps will increase to 75p.

21 March 2023

Martin Lewis: Do you have a Power of Attorney? Here's why it’s so important and how to get one

Do you have a power of attorney? It’s a crucial financial protection, probably more important than a will. founder Martin Lewis explains why power of attorney is so important, how to get one and more in the latest episode of ITV's The Martin Lewis Money Show Live.

20 March 2023