MoneySavingExpert News
January 2023

Lloyds Banking Group has announced another round of bank branch closures, with 18 more Halifax locations and 22 more Lloyds outlets set to shut between April and June this year. The latest closures mean the two banks will close at least 59 branches by the end of the year. Below we list the branches disappearing and what the alternatives are if you still want face-to-face banking.
24 January 2023

Energy companies have been called on to voluntarily stop the practice of forcibly moving customers to prepayment meters without taking every step to support households struggling to pay bills first. The message has been put forward in a letter to firms from business and energy secretary, Grant Shapps. It follows a reported surge in households being moved to prepayment meters over recent months.
22 January 2023

Struggling students have been “dealt a blow” as loans to help with living costs will fall far short of rising inflation, based on Government plans. From September, English students will see a real term cut to maintenance loans of 8p in the £1 - a shortfall students or parents will have to make up for themselves.
20 January 2023

Wholesale energy rates have dropped rapidly in recent months, and energy bills are now forecast to be even lower, undercutting even what MSE founder Martin Lewis explained last week. Analysts at Cornwall Insight predict the energy price cap to drop pro-rata to £2,200 a year for a typical home from July, below the Government's energy price guarantee (EPG) rate – but what does this mean for bills?
19 January 2023
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