MoneySavingExpert News
Lloyds

Halifax and Lloyds to close 40 more branches this year – here's the full list, plus alternatives
The latest closures mean the two banks will close at least 59 branches by the end of the year.
24 January 2023

Cladding crisis: six major lenders now offer mortgages on some affected buildings – but not everyone can get them
Flat-owners impacted by the cladding crisis in England may now be able to sell or remortgage their homes, with six major lenders agreeing to offer mortgages under new industry guidance.
10 January 2023

193 high street banks to close next year – check if your branch is on the list, plus alternatives
High street banks including HSBC, NatWest and Lloyds are set to close at least 193 more branches next year – we've rounded up the planned closures for each bank and what the alternatives are if you still want face-to-face banking.
22 December 2022

Lloyds Banking Group to close a further 66 branches from October - here's the full list, plus alternative options
Lloyds Banking Group has announced more bank branch closures with a further 66 outlets set to close across England, Northern Ireland, and Wales between October 2022 and February 2023.
25 July 2022

Applying for a loan? Beware being asked to pay an upfront fee as Lloyds says scams have more than doubled
If you're applying for a loan, or have recently done so, beware being asked to pay an upfront fee in advance. The warning comes as fraudsters increasingly target people looking for financial help amid the cost-of-living crisis. Here's what to watch out for and what to do if you've been scammed.
30 May 2022

Lloyds Banking Group to shut another 20 Lloyds branches and eight Halifax outlets - here's what's happening
Lloyds Banking Group has announced a further round of branch closures, with 28 more outlets being shut across the UK between August and November this year. The closures are made up of 20 Lloyds Bank branches and eight Halifax outlets.
18 May 2022

Lloyds Banking Group to shut 60 UK branches, including Bank of Scotland, Lloyds and Halifax outlets – here is the full list of banks closing
Lloyds Banking Group has announced its closing 60 of its branches across the UK, in another blow to its customers. The closures include 24 Lloyds banks, 19 Bank of Scotland and 17 Halifax branches.
23 March 2022

Lloyds Bank wrongly declares customer DEAD, closing his account and cancelling all his direct debits
A Lloyds account holder was wrongly declared dead by the high street bank after data from the death notification service was misread by the lender, resulting in the customer having his account closed and his direct debits cancelled.
14 October 2021

Lloyds to introduce up to £28/mth fee for customers with 'free' access to its Gold, Platinum and Premier packaged bank accounts
The move impacts customers who took out these accounts before 2005 and who benefitted from offers to have the monthly fee waived provided they kept a certain amount of money in the accounts each month.
16 July 2021

Lloyds, Halifax and Bank of Scotland pay out £13.6m in compensation over misleading home insurance renewal letters
About 350,000 Halifax, Lloyds and Bank of Scotland home insurance customers who had a policy between 2009 and 2017 have been paid an average of £38 each in compensation
9 July 2021
22 March 2023
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Ovo launches one-year fixed tariff – but is it worth switching to?
24 March 2023Almost every household has been charged the same price for their energy over the last year under the Energy Price Cap (EPC) and the Energy Price Guarantee (EPG), with no cheaper fixed deals to switch to. That has now changed, with Ovo launching a one-year fix for existing customers that undercuts the EPG level of £2,500 a year. -
BT customers 'forced into overdrafts' after duplicate payment error - here's what you need to know
24 March 2023BT customers have complained that they've been forced into overdrafts after payments were wrongly taken twice this month. The telecommunications giant said it will refund any duplicate payments taken automatically. -
Martin Lewis: Four urgent ways you may be due £1,000s in tax back – if you're married, had a PPI payout, wear a work uniform or even just pay tax
23 March 2023If you're married or in a civil partnership, have ever had a PPI payout, wear a uniform to work or pay any income tax, you could be due £100s or even £1,000s in tax back – but you'll need to check urgently. -
Bank of England increases base rate to 4.25% – what the rise means for your mortgage and savings
23 March 2023The Bank of England has increased the base rate from 4% to 4.25%. This rate is used by the central bank to charge other banks and lenders when they borrow money – and so it influences what borrowers pay and what savers earn.
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Martin Lewis: Is it time to ban unnecessary Christmas presents?
5 December 2022Update September 2017: It’s eight years since I first braved this subject, expecting a snowstorm of protest. Instead, year after year more join in, like Julia who recently tweeted me, “@MartinSLewis, finally took your advice and told my family I can’t afford Christmas presents. What a weight off my mind. Thank you.” One year even the Archbishop of... -
Martin Lewis: The one thing everyone aged over 66 needs to know
29 November 2022It is a national tragedy that getting on for a million pensioners, many of whom have been paying into the system for years, are missing out on a critical boost to their income. It's called pension credit, and this year it also means you get an extra £650 to help with energy bills.