Press Releases
PPI payouts worth thousands could be owed to millions of Britons – check eligibility | Personal Finance | Finance

Britons may be able to reclaim “thousands” in PPI even if they have received payments for it in the past. A legal claim, launched earlier in the year by litigation firm Harcus Parker, alleges that banks have “unlawfully” acquired billions of pounds from Payment Protection Insurance (PPI) customers through secret commissions. Money Saving Expert founder […]

Updated: Dec 5, 2023
Christmas spending slump as even Black Friday only boosts retail sales by 2.7% | Personal Finance | Finance

Black Friday failed to boost UK retail spending by as high a margin as last year as Christmas shoppers shied away from splashing the cash at the levels seen last year. Consumers appear to be sticking to plans for a budget Christmas this year with retail spending remaining weak, figures released on Tuesday morning show. […]

Updated: Dec 5, 2023
DWP urges benefit claimants to look out for this code when getting Christmas bonus | Personal Finance | Finance

The Department for Work and Pensions (DWP) has confirmed the code people will need to look out ahead of this year’s Christmas bonus. Claimants of legacy benefit payments from the DWP are set to receive a sum of £10 as part of the extra support. It is normally paid by the Government department in the […]

Updated: Dec 5, 2023
schemes deviating from Citizen’s Advice Bureau guidance ravage UK finances | Personal Finance | Finance

More Britons forced into debt repayment schemes with very high fees (Image: Getty) More than two-thirds of suggested ‘IVA’ debt repayment schemes deviate from Citizens Advice guidance, with the average proposed fees for these schemes nearing £4,000, a new study shows. Individual Voluntary Arrangements (IVAs) are formal and legally binding agreements between a borrower and […]

Updated: Dec 4, 2023
The gas debt that never was is cleared – The Crusader | The Crusader | Finance

No more threats from a debt collector about money they never owed and their energy account right for the first time in months – this festive season is looking much more merry now for one couple. Julie and Alan Watkins valiantly weathered the storm after matters went seriously awry following the capping of their supply […]

Updated: Dec 4, 2023
BBC viewers threaten to boycott licence fee following hike in price | TV & Radio | Showbiz & TV

BBC viewers have threatened to boycott the TV licence following news of a price hike. Many have taken to social media to announce they won’t be paying the charge after it was announced the cost will rise from £159 to £173.30 from next spring. Taking to X, formerly known as Twitter, many complained about the price […]

Updated: Dec 4, 2023
Woman incorrectly charged £900 for energy bill due to faulty smart meter | Personal Finance | Finance

New data shows around three million smart meters across the UK are not working properly. The issues are leading to customers being charged the wrong amount for their energy bills. Paula McCracken is one of the many customers who have received problems with their device. She said her smart meter had never worked properly and, […]

Updated: Dec 4, 2023
Nearly six in 10 Brits have stopped using retailers – who charge for returns, study finds | Personal Finance | Finance

Cash-strapped consumers are taking their money elsewhere, in response to retailers slashing their free returns policies, research has found. A poll of 2,000 online shoppers found 58 percent don’t use retailers who charge to return items – with 67 percent admitting a retailer’s returns policy influences how much trust they place in them. The findings […]

Updated: Dec 4, 2023
Barclays is closing 18 more bank branches – full list of closures in early 2024 | Personal Finance | Finance

Barclays bank has announced an extra 18 branches will close next year as in-person services become slower and slower. These 18 extra closures are on top of the 16 closures the bank announced last month. The banking giant is set to shut 13 sites in England, three in Wales, and two in Scotland. This round […]

Updated: Dec 4, 2023
Heat pump costs rise to £45,000 but seven hacks could slash your energy bills instead | Personal Finance | Finance

Households are being reminded to take advantage of other energy bill–saving measures outside of heat pumps by experts. The UK Government launched the Boiler Upgrade Scheme as part of its Net Zero agenda, offering financial support to cover the costs of environmentally friendly alternatives to gas boilers. As it stands, the scheme is offering £7,500 […]

Updated: Dec 4, 2023