Latest News from Money Expert

Shoppers will pay average of 25.1% interest on holiday purchases they put on credit cards, after providers hike rates. Moneyfacts has revealed that the average interest rate on credit cards has...

UK inflation fell to its lowest rate for three years last month, held down by falling energy prices thanks to Ofgem’s price cap. Inflation was just 1.5% in October, the lowest its been since November...

NatWest will stop sending customers paper statements after the New Year, encouraging them instead to check their balances online.The bank has—fittingly—emailed thousands of customers with current...

Millions of Nationwide customers will be hit by an increase in arranged overdraft interest changes from today. The changes to Nationwide’s overdraft charges, which were announced back in July, will...

HSBC is introducing new switchable insurance bundle on subscription, allowing customers to pick and choose what cover they want.In the insurance pick-and-mix are seven types of cover: mobile phone,...

An increase in the ‘real living wage’ will result in a pre-Christmas pay rise for hundreds of thousands of UK workers. The Living Wage Foundation has increased the real living wage to £9.30 an hour,...

The amount benefit claimants can receive to help with funeral expenses for their loved ones will rise for the first time since 2003.Eligible bereaved facilities will now be able to claim a maximum of...

People who fall victim to pension scams could lose up to 22 years’ worth of their savings in just 24 hours, according to new research. A report from The Pensions Regulator (TPR) and the Financial...

Young motorists pay an astonishing 149% more for their insurance cover than older drivers, and this “young driver disadvantage” is limiting their job opportunities and social life. Drivers aged 17 to...

Tesco is investigating a payment glitch that is seeing users of digital bank Monzo’s distinctive ‘hot coral’ debit cards being charged twice for transactions. Customer Joseph Kimberger tweeted: “Using...