Ratesetter investors furious as 'technical issue' delays withdrawals after account closures
Thousands of Ratesetter investors have been left waiting to get their cash back from closed accounts after a 'technical issue' delayed withdrawals made over the Bank Holiday weekend and on Tuesday. The peer-to-peer lender says it's now fixed the problem though, and says payments should arrive in customers' accounts by the end of Thursday (8 April).
8 April 2021
Best-buy Marcus savings account rate to fall AGAIN to 0.4%
Savings provider Marcus is cutting the interest rate on its best-buy easy-access account again next month
16 March 2021
Wyelands Bank to close all savings accounts and return cash to 4,000 savers
Wyelands Bank is to close its full range of fixed term, notice and easy-access savings accounts by 24 March and return money to 4,000 savers, after action from the financial services regulator. Cash deposits will be protected in full with any interest earned also being honoured. Here's what you need to know
10 March 2021
Martin Lewis warns of a tax trap that could cost you £10,000s off your pension
Martin Lewis has warned pension savers they could lose £1,000s or even £10,000s from their pension by falling foul of a trap that sees withdrawals taxed
19 February 2021
Ratesetter to close all investor accounts and move borrowers’ loans to Metro Bank
All 45,000 existing investor accounts will be closed on 2 April. Here's what the change means for investors and borrowers alike.
3 February 2021
Martin Lewis video: Which are the best children's savings accounts?
Martin spoke about the issue on his show yesterday
18 December 2020
HSBC and First Direct cut regular savings rates to 1%
HSBC and First Direct have cut the interest paid on their regular savings accounts from 2.75% to 1% for new customers
24 November 2020
Bank with M&S, HSBC or First Direct? Urgently open its regular saver
M&S Bank is closing its 2.75% AER regular saver account to new customers next week
13 November 2020
Ratesetter customers waiting months to access their cash
Some investors with peer-to-peer lender Ratesetter are still waiting for their cash over seven months after trying to withdraw their investments, with 1,000s in virtual queues to access their money
27 October 2020
14 April 2021
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London Capital & Finance investors in line for up to £68,000 payout under new Government scheme - but they won't get back everything lost19 April 2021Around 8,800 London Capital & Finance (LCF) investors are set to receive compensation of up to £68,000 under a new Government scheme, the Treasury has announced today.
19 April 2021If you're worried about work during the coronavirus crisis, this guide looks at your rights if you're self employed, including what help's there for limited company directors.
19 April 2021The coronavirus outbreak is causing major travel disruption around the globe
16 April 2021Barclaycard has slashed many customers' credit card spending limits out of the blue this week, with one MoneySaver reporting a £12,000 cut even though she's had no change in her personal circumstances and has been a customer for over 30 years.
15 April 2021Burton and Dorothy Perkins shoppers have been left struggling to return clothes because they are unable to generate return labels online and the retailers no longer provide paper versions.
Martin Lewis: Payment holidays coming to an end – but should you take one? Mortgages, credit cards, loans, payday loans, car finance and more23 March 2021Within the last week, we've seen the extension of coronavirus credit card, personal loan and overdraft help to 31 October 2020, with mortgage payment holidays already extended. The regulator's other help schemes are also likely to be extended too, including car finance and payday loans, yet should you do it?
Clever ways to calculate your finances