Record numbers taking out voluntary arrangements to cope with debts
Record numbers of Individual Voluntary Arrangements were taken out last year by people struggling with debt, according to new Government figures
31 January 2020
Bankruptcy threshold increases from £750 to £5,000
People with low levels of debt will now be able to avoid bankruptcy as the threshold's risen from £750 to £5,000
9 October 2015
Bankruptcy threshold to be raised from £750 to £5,000
More financially vulnerable people will be able to avoid the most drastic formal insolvency solution from October
15 January 2015
Bankruptcies down almost 20% during past year
The number of people going bankrupt has fallen to a 15-year low in England and Wales, according to official figures
29 October 2014
New Scottish bankruptcy law 'will cause misery', debt groups say
Debt advice groups protest against plans to make bankrupts in Scotland pay off their debts over four years
16 December 2013
Co-op blocks bankrupts from bank accounts
The Co-op Bank stops offering basic bank accounts to undischarged bankrupts, leaving Barclays as the only provider
17 September 2012
'Bankruptcy light' hits young people
More people aged 25 to 34 are turning to a type of insolvency known as a debt relief order than any other age group
29 December 2011
25 May 2022
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Morrisons becomes the fourth major retailer to hike meal deal prices this year - here's how it compares24 May 2022Morrisons has increased the cost of its meal deal by 50p from £3 to £3.50, making it the fourth major retailer to up prices this year. Here's how it compares.
24 May 2022NS&I will increase its Premium Bond prize fund rate, which is equivalent to a yearly interest rate, from 1% to 1.4% from 1 June. The odds of each £1 Premium Bond number winning a prize will also increase from 34,500 to one to 24,500 to one.
24 May 2022We've the latest on the testing and self-isolation rules for travellers visiting popular destinations abroad, plus full refund and insurance rights for overseas and UK travel.
Mis-sold an Amigo loan? Redress could soon be on its way after High Court approves complaints scheme23 May 2022A compensation plan put forward by Amigo Loans to return at least £112 million to borrowers it wrongly mis-sold high-interest loans to has today (23 May) been approved by the High Court. The move is a significant win for borrowers and follows a previous proposal that was rejected by the Court.
23 May 2022Children's toy subscription service Whirli has gone into administration. The collapse affects around 10,500 customers. Here's what it means for your refund and return rights.
24 May 2022Press 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.
6 May 2022I 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.
26 April 2022It'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 2022Nearly 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.
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