Intelligent Finance will close all of its existing current accounts by the end of the year, parent company Lloyds Banking Group has confirmed. But savings and mortgage customers aren't affected.
A sweeping regulatory overhaul has been proposed to stop banks and insurers mistreating consumers and to ensure, among a raft of other measures, that financial firms are not able to leave existing customers languishing on poor deals while new ones are offered the best rates.
Beleaguered mortgage applicants are facing yet another hoop to jump through after it was announced that lenders may be forced to put their IQ to the test as part of stricter affordability checks.
Anyone who still has (N)ISA savings with Intelligent Finance should consider moving their cash elsewhere as its interest rates have today fallen to paltry levels.
If you're jetting off on holiday soon, with the busiest holiday week almost upon us (the last in August), here's our checklist to keep costs to a minimum and enjoyment to the max.
Taxpayer-backed Lloyds Banking Group has axed the sale of controversial debt insurance across all its brands in a landmark move, MoneySavingExpert.com can reveal.
Hundreds of thousands of savers who opened best-buy accounts over the past two years are now earning well below the current top-paying rates, a MoneySavingExpert.com investigation shows.