Savings

The Bank of England has cut the base rate for the first time in more than seven years, reducing it from 0.5% to a new historic low of 0.25%.

If the interest rate on your easy access savings account or ISA falls you could soon be sent an email or text alert, under plans set out by the financial regulator.

The Bank of England today kept the base rate at 0.5% – despite widespread predictions that it would cut the rate for the first time in more than seven years.

The Money Advice Service – the official organisation created to offer consumers free advice on their finances – is to be replaced by a new "slimmed down" body under plans set out in the 2016 Budget.

Normally we're about easy, sensible or clever things to stop you wasting cash. Yet today, to channel the Godfather of Soul... let's take it to the bridge now, like a MoneySaving machine (get on up).

Save £1,000+ in a day, with a checklist to overhaul your money

More than 106,000 people have now signed a petition protesting controversial changes to the state pension which will hit hundreds of thousands of women aged 55-65. MPs will decide if the petition should be granted a second parliamentary debate after an existing debate already scheduled for tomorrow (7 January).