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MoneySavingExpert News

2025

NEWS: Energy Price Cap to rise again, 6.4% on 1 April. This follows the 1% rise in January and 10% last October. Here's my instant briefing, including WHAT TO DO.
25 February 2025
NS&I will cut its Premium Bond prize-fund rate to 3.8% from 4% for the April draw and beyond. But this rate was already lagging behind interest rates on standard savings accounts – so if you have Premium Bonds, you may want to consider moving your cash to an interest-paying account.
25 February 2025
If you're a Microsoft 365 subscriber paying for Excel, OneNote, PowerPoint and Word, check if you have auto-renewal turned on, as your price is set to rise by up to £30 a year if so. This is because Microsoft is adding AI software to your package. But we've a way to beat the hike, at least for now. Here's how.
25 February 2025
If you use Uber abroad, you'll soon be charged if you pay using your home currency. The taxi service is set to start charging for currency conversion – highlighting the importance of paying in the local currency with a specialist overseas card to avoid being stung.
21 February 2025
Ofgem has today launched detailed proposals for a major shake up to its Energy Price Cap that dictates the price over 80% of homes in England, Scotland and Wales pay for their energy bills.
20 February 2025
An attempt to 'intervene' in the car finance mis-selling scandal by the Chancellor Rachel Reeves has been blocked by the Supreme Court. But there's no impact on complaints already submitted and you can continue to submit new claims as normal.
18 February 2025
Interest rates on fixed mortgage deals have fallen below 4% for the first time since November 2024 – but will rates come down further? We've spoken to four mortgage brokers to see what they think – and whether you should fix.
18 February 2025
If you park in a private car park, you may no longer be issued a ticket if it takes you longer than five minutes to pay after arriving, thanks to a new voluntary code of practice. But there are gaps in the scheme – and some campaigners say the changes don't go far enough, instead calling on the Government to push ahead with a legally enforceable code of practice.
17 February 2025
Renewing your car insurance? Don't get complacent. Even if your price hasn't gone up, you can usually find a better deal elsewhere, as MoneySavingExpert.com founder Martin Lewis explains in the latest episode of ITV's The Martin Lewis Money Show Live.
14 February 2025
The base rate has been cut to 4.5% from 4.75% by the Bank of England. This rate is used by the central bank to charge other banks and lenders when they borrow money, so the move can impact mortgage and savings rates.
11 February 2025

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