Banking

The UK's largest credit reference agency Experian has changed the way it calculates people's credit scores – meaning many scores suddenly dropped or increased overnight. We've had many people contact us about this, yet the big picture is you don't need to worry – this doesn't impact how lenders will assess you.

Nationwide debit and credit card customers can now earn between 1% and 35% cashback both in-store and online at selected retailers, bars, restaurants, travel, and accommodation websites.

Over one million RBS and NatWest customers with its fee-charging Black and Platinum package accounts, which come with added insurance cover, will have to pay more per month from early next year .

Around 125,000 mortgage and loan customers of Northern Rock Asset Management (NRAM) – the state-owned remnant of failed lender Northern Rock – will be transferred to US private investment firm Cerberus or to TSB Bank next year.

The bank offering the top 18-month and three-year fixed savings deals has today stopped accepting online applications for the products due to "unprecedented demand" – and from tomorrow both rates will be slashed.

More than 250,000 customers with Barclays fee-charging package accounts that come with insurance will see prices hiked by up to £138/year from today, unless they actively opt out.

A major 10-year strategy to help consumers prepare for and manage their money has been published today, after research reveals four in 10 adults are not in control of their finances.

Banks must make it easier for customers to take charge of their accounts, including raising awareness of switching, the competition regulator has announced today.

A new service offering simple savings accounts and "affordable" loans to military personnel, who can sometimes struggle to get access to financial products, has been launched by credit unions.

A Halifax and Bank of Scotland (HBOS) online security flaw meant balances and transactions were left exposed for others to view – which could have led to a privacy breach for millions, or worse, a risk of fraud .