Protect your Pocket

Wonga has gone into administration, marking the end of the road for the UK's largest payday loan firm. Below you can read MoneySavingExpert.com founder Martin Lewis's view.  Before we hear from Martin, from what we know the administrator Grant Thornton says all outstanding loans remain subject to the terms agreed with Wonga and customers should continue to make payments in the usual way. Grant Thornton also says customers with mis-selling claims should contact it – you'll be dealt with an 'unsecured creditor', but don't expect to get much back as there's a long list of people owed money when companies go into administration and customers are rarely anywhere near the top priority. 

Two regulators have warned that pension scam victims lost £91,000 each on average in 2017, leaving them struggling to make ends meet during retirement.

A group of MPs has called for the Lifetime ISA to be scrapped, just over a year after it was launched.

More than a million people are yet to renew their tax credits, with just one week to go until the 31 July deadline.

Ticketmaster UK customers' personal and payment information may have been accessed in an online 'security incident' earlier this year, the ticket sales company has warned.

Facebook has said a software bug made some private posts public for as many as 14 million users over several days in May.

Claims firms will have to clearly spell out their fees and direct customers to free alternatives BEFORE they sign any contracts, under new plans proposed by the financial regulator.

Twitter users have been told to change their passwords after the firm admitted it hadn't properly stored them.

Household bills and expenses are continuing to rise year-on-year, this month's MSE Bills Tracker shows.