MoneySavingExpert News

March

Santander cuts rate on popular 5.2% easy-access savings account – should you switch?

Santander has cut the rate on its popular easy-access savings account from 5.2% to 4.2% – but you can easily beat this by switching elsewhere.

21 May 2024

Bank of Scotland, Halifax and Lloyds to close 177 branches in 2024/25 – here's the full list, plus alternatives

Bank of Scotland, Halifax and Lloyds, which are all part of the Lloyds Banking Group, will shut at least 177 of their bank branches in 2024 and 2025, the Group has confirmed.

25 April 2024

NatWest, RBS and Ulster Bank to close at least 100 branches in 2024/25 – here's the full list, plus alternatives

NatWest, Royal Bank of Scotland (RBS) and Ulster Bank, which are all part of the NatWest Group, will shut at least 100 of their bank branches in 2024/25, after RBS announced a further 18 closures.

23 April 2024

Ted Baker to close 15 stores as it falls into administration – your shopping, refund and gift card rights explained

Fashion retailer Ted Baker will close 15 stores, including 11 by the end of next week, after falling into administration last month. Hundreds of staff are facing redundancy as a result of the administration.

8 April 2024

Energy Price Cap predicted to fall by less than expected – so should you fix now?

It means you'd pay on average 15% less than the current Price Cap over the next year – but you could save more than this by fixing now.

28 March 2024

Energy minister responds to Martin Lewis' call to address 'extraordinary gap' in protection for customers of bust energy firms

Energy Secretary Claire Coutinho has confirmed the Government will look for solutions to help people being chased for debts owed to defunct energy firms, who currently have no viable way to escalate complaints.

26 March 2024

Need a new passport? Apply now as fees are set to rise by 7% next month

If you need a new passport, you should apply for one now, as application fees are set to rise by around 7% on Thursday 11 April.

26 March 2024

Bank of England holds base rate at 5.25% for the fifth time – here's what it means for your savings and mortgage

The 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. We explain what it means for you.

26 March 2024

Last chance: Stock up on postage stamps now before prices rise by up to 13% on 2 April

You've got less than a week left to stock up on Royal Mail postage stamps before prices rise by up to 13% on Tuesday 2 April.

26 March 2024

Virgin Money customer? You're set to be moved to Nationwide in future – here's what's happening

Virgin Money savers and borrowers are set to become Nationwide customers as the lenders have agreed a deal for the building society to take over the bank – though it's still very early days.

22 March 2024