Banking

Members of the House of Lords have called on the Government to protect access to cash and to do more to prevent the poorest from being excluded from access to financial services. The call for action comes as part of a report published today by the cross-party House of Lords Liaison Committee.

Barclays is to close its Pingit payments app on 30 June, and related services including Pingit savings 'jars' and Pingit's wearable tech which allows you to make contactless payments will also be scrapped. If you use Pingit and are affected, we've full info below on exactly what's changing and what you need to do. 

M&S Bank customers whose current accounts are being closed this summer can now apply for the top cash switching incentives from its sister banks HSBC and First Direct no matter how long they’ve had their account.

Santander is to close 111 branches - around 20% of its 563 UK branches - by the end of August, with the bank blaming the move on customers increasingly banking online. We've full info on which outlets are closing and what to do if your local branch is affected.

MoneySavingExpert.com's 'Academoney' course - prepared and written by the Open University - is going bilingual, giving Welsh-language speakers the skills and knowledge they need to master their money, in their choice of Welsh or English.

The contactless card payment limit will rise from £45 to £100, the Treasury has confirmed. The news comes ahead of today's Budget, although Chancellor Rishi Sunak is expected to formally announce the shake-up in his speech.

The Chancellor Rishi Sunak has delivered one of the most important Budgets we've had for years, with key announcements on the future of coronavirus income support and big news on stamp duty, income tax, universal credit, the pensions lifetime allowance, mortgages, contactless payments and more. We've a round-up of the key news below, plus links to more in-depth analysis.

Guarantor loans have overtaken Payment Protection Insurance (PPI) as the most complained about product that the Financial Ombudsman Service adjudicates on. It's the first time in more than a decade that PPI is not the most complained about financial product.

Self-employed borrowers can once more take out credit cards with Sainsbury's Bank as it has reversed temporary coronavirus lending restrictions, which saw it stop issuing new credit cards to the self-employed. Here's what it means for you.

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. Watch the full pensions special episode of The Martin Lewis Money Show on the ITV Hub.