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MoneySavingExpert News

2020

High-street fashion chain Oasis and its sister firm Warehouse have become the latest big-name retailers to collapse into administration as a result of the coronavirus pandemic, though both will continue to trade online "in the short term".
14 April 2020
If you're self-employed and have been putting money aside to pay your self-assessment tax bill, this WON'T reduce the amount of universal credit you're entitled to claim, the Government has confirmed.  
14 April 2020
The Job Spotter app – which allows users to submit photos of job adverts in exchange for Amazon vouchers – is to close down. You'll soon no longer be able to submit new photos and the app will be suspended altogether on Friday 15 May, though if you've already earned vouchers they should be sent to you.
8 April 2020
The financial regulator has confirmed that banks should offer a temporary payment freeze on credit cards and loans for three months and offer interest-free overdrafts of up to £500 on current accounts, in a set of new rules introduced to combat the effects of coronavirus on people's finances.
8 April 2020
Department store chain Debenhams has fallen into administration for the second time in a year – though the company will continue to trade online and says it aims to "reopen and trade as many stores as possible" once restrictions put in place due to the coronavirus pandemic are lifted.
8 April 2020
Train firms are now allowing customers to get all tickets refunded remotely, after new systems were put in place as a result of the coronavirus pandemic. 
7 April 2020
Nationwide is to cut the interest on its popular FlexDirect current account, in yet another blow to current account perks.
5 April 2020
The Foreign Office has extended its advisory against non-essential travel anywhere outside the UK indefinitely due to the ongoing coronavirus pandemic.
5 April 2020
The financial regulator is set to order banks to take new steps to help customers hit financially by the coronavirus pandemic, offering interest-free overdrafts of up to £500 and allowing payment holidays on credit and store cards, loans and catalogue debt.
1 April 2020
Millions of customers stuck on expensive standard tariffs should start to see lower energy bills this week as the regulator's new price cap kicks in, though most will still be massively overpaying – you could save £350+/year by switching supplier.
31 March 2020

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