MoneySavingExpert News

Coronavirus

Self-employed avoid big cut to universal credit after return of the 'minimum income floor' delayed until April

The move means many self-employed people WON'T now face huge drops in payments next week

3 November 2020

ATOL protection for refund credit notes extended

Refund credit notes issued up until 31 December 2020 for cancelled holidays will be protected by the Government after it extended cover put in place due to the coronavirus pandemic - so if you accept one and the travel firm were to then go bust, you will get your money back

23 October 2020

Are negative interest rates on the way? Martin's view as the Bank of England asks lenders if they're ready for them

The Bank of England has written to banks asking them to provide details on how they would cope if interest rates were cut to zero or even turned negative

12 October 2020

Job Support Scheme extended to pay wages at businesses shut down by coronavirus restrictions

Businesses whose premises are legally required to shut as part of new local or national restrictions to curb the spread of coronavirus will receive grants to pay up to two-thirds of the wages of staff who cannot work, the Government has announced

9 October 2020

Premier Inn WILL now consider refunds for bookings hit by local lockdown travel restrictions

Premier Inn has said it will consider refunding customers who are unable to stay in hotels due to local lockdown travel restrictions – days after MoneySavingExpert.com revealed some with less flexible bookings had been denied refunds

9 October 2020

Railcards WON'T be extended or refunded despite coronavirus lockdown

Millions of railcard holders won't any refund or extension to their cards as a result of the coronavirus lockdown, it's been confirmed – despite many being unable to use them for months while the Government advised against non-essential rail travel

1 October 2020

Low-deposit mortgage deals vanishing – what it means for first-time buyers

Mortgage deals for first-time buyers with a low deposit have been disappearing from the market since the coronavirus pandemic took hold in the UK, new data shows

29 September 2020

New Easyjet Holidays 'Protection Promise' offers refund if you change your mind – is it any good?

Easyjet Holidays has launched a new 'Protection Promise', which lets customers who decide not to travel for any reason up to four weeks before departure get a full cash refund, aside from their deposit which will be returned to them as a credit voucher

25 September 2020

Chancellor unveils new Job Support Scheme and extends self-employed grant

Chancellor Rishi Sunak announces the new measures in the House of Commons

24 September 2020

Loveholidays and On the Beach quit trade body ABTA so they can avoid paying refunds in full

Loveholidays has followed fellow package travel firm On the Beach in resigning from the trade body ABTA

18 September 2020