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MoneySavingExpert News

March 2023

Interest rates are up, so ISAs are back for many – yet you need to sort them by 5 April (or likely sooner).
28 March 2023
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. Here's what you need to know...
27 March 2023
Barclays has announced a fresh round of bank branch closures, with 14 more locations set to shut in the summer – in addition to the 55 it had already announced would close this year. The latest closures now mean Barclays will close at least 69 branches by the end of 2023. Below we list the branches disappearing and what the alternatives are if you still want face-to-face banking.
27 March 2023
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
If you're married or in a civil partnership, have 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, as the crucial 5 April tax year deadline is approaching. That was the key message from MoneySavingExpert founder Martin Lewis in the latest episode of ITV's The Martin Lewis Money Show Live.
23 March 2023
Eligible parents of children as young as nine months in England are to be offered up to 30 hours of government-funded childcare each week. Meanwhile, parents who get universal credit will see the maximum amount they can claim for childcare costs raised. Both announcements form a package of new measures designed to help parents, revealed by the Chancellor in the Budget.
22 March 2023
The maximum annual tax-free amount you can save into a pension once you've taken money out of it will rise from £4,000 to £10,000 from 6 April. Meanwhile, the amount you can save into your pension tax-free each year is also set to rise, as is the amount you can save into pensions over a lifetime. The shake-up was announced by the Chancellor Jeremy Hunt in today's Budget. 
21 March 2023
Do you have a Power of Attorney? It’s a crucial financial protection, probably more important than a will.  MoneySavingExpert.com 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
Tesco is changing one of its popular Clubcard perks which triples the value of points when you spend with one of its 'Reward Partners' from 14 June - from then, you'll only be able to double your points. We've got all the details below, including what you should do between now and 14 June to maximise your Clubcard points. 
18 March 2023
The Chancellor Jeremy Hunt has today announced a range of new tax, benefits and energy measures in his Budget. But, as MoneySavingExpert.com founder Martin Lewis points out, income tax thresholds will remain frozen – meaning millions will be pulled into paying more tax through a process known as 'fiscal drag'. Below we round up the key announcements and you can also watch Martin's instant reaction.
17 March 2023

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