Bank of England
Bank of England increases base rate to 0.75% – what the rise means for your mortgage and savings
The Bank of England has increased base rates to 0.75% from 0.5% after the Monetary Policy Committee (MPC) voted in favour of a rise. The base rate is used by the central bank to charge other banks and lenders when they borrow money – and influences what borrowers pay and savers earn.
30 March 2022
Bank of England slashes interest rates to combat coronavirus 'shock' – what it means for you
The Bank of England has cut the base rate from 0.75% to 0.25% in a emergency response to the 'economic shock' of the coronavirus outbreak
11 March 2020
Bank of England holds interest rates at 0.75%
UK interest rates will remain at 0.75%, the Bank of England has announced – despite speculation that there could be a cut
30 January 2020
212 million paper fivers and tenners still out there – how to make them spendable again
Millions of old-style paper £5 and £10 notes worth over £1.5 billion still haven't been returned to the Bank of England, over a year since the last of them were taken out of circulation
28 August 2019
New polymer £50 note to be launched
The £50 note will stay part of UK currency with a new polymer design, the Treasury has announced
15 October 2018
UK interest rate raised to 0.75% - what you need to know
The Bank of England today raised the base rate from 0.5% to 0.75%
2 August 2018
Banks asked how prepared they are for TSB-style meltdown
Banks are being asked how well prepared they are for a cyber attack or TSB-style IT meltdown by the Bank of England
6 July 2018
UK base rate remains at 0.5%
The Bank of England's Monetary Policy Committee voted to keep the rate steady
10 May 2018
Old £10 notes to be withdrawn in March
The Bank of England is officially withdrawing old £10 notes on 1 March next year
14 November 2017
UK interest rates rise latest - what banks are doing
The Bank of England on Thursday raised interest rates from 0.25% to 0.5% - the first rate rise in over a decade
2 November 2017
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11 May 2022
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Customers of collapsed rent-to-own firm BrightHouse unlikely to receive any form of refund - here are all the details
16 May 2022![]()
Customers of collapsed rent to own company BrightHouse are unlikely to get any money back after the firm's joint administrators said the cost of refunding people would "far exceed" the money available. -
Energy price cap set to change every three months under new plans unveiled by Ofgem
16 May 2022![]()
The energy price cap, which governs what most pay for their energy, is set to change every three months from October under plans announced by Ofgem today. The regulator also revealed it will also make the 'market stabilisation charge' harsher. This is a charge levied on firms acquiring new customers, which will make it harder for suppliers to undercut the price cap with cheaper fixed deals. -
Warning: Aldi, M&S, Sainsbury's, Tesco, and more recall chicken products over salmonella fears - here are your refund rights
16 May 2022![]()
Aldi, M&S, Sainsbury's, Tesco, and Waitrose are recalling a number of chicken products over fears of a salmonella outbreak. We explain your refund rights below. -
NHS prescription costs frozen in England for the first time in 12 years – here are all the details and how to save on your medicine bills
16 May 2022![]()
NHS prescription costs will remain frozen at £9.35 an item for the next 12 months. This is welcome news for many but remember to check if you qualify for free prescriptions or if you can save money with a prescription 'season ticket'. See below for more details. -
Thousands of public sector workers to see redundancy payments cut after Government shake-up – your rights explained
13 May 2022![]()
Thousands of public sector workers in England could soon see the amount they get as redundancy pay cut under new Government guidance.
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Martin Lewis: 'UO is just as important as UX: A tip for anyone developing their website or app'
6 May 2022![]()
I set up MoneySavingExpert.com nearly 20 years ago – when arguably the modern web was still in its infancy. With an abundance of self-belief (something I had too much of then, as I realise now) I decided not to read any books, or follow prevailing wisdom on how a site should operate – and just do it my way. -
Martin Lewis: Got a cash ISA? You should probably ditch it
3 May 2022![]()
Press the rewind button and go way back to April 2015... Possibly on the telly in the corner of your living room, I was on-air at the time urging savers as usual to use their new tax-free cash ISA allowance – because 'money was nicer in an ISA'. But things changed in 2016. -
Martin Lewis: Money and Mental Health charity 2021/22 – Covid & cost of living hell...
26 April 2022![]()
It's hard to believe the Money and Mental Health Policy Institute (MMHPI) charity is now six years old. As the chair of trustees, each year I write the foreword to its annual report – and today the 2021/22 report is out, so I thought I'd blog my formal chair's foreword here. -
Martin Lewis: What happened to my pledge to give £10m to charity – 2022 update (spoiler: it's now £20m)
11 April 2022![]()
Nearly a decade ago, in June 2012, MSE joined the MSM Group and I pledged £10m to go to charity. As that was a public pledge and I feel I've a duty of transparency, every year or two I bash out a blog report to explain where I'm up to, and who's got what money.
Clever ways to calculate your finances
