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Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

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Consumers wasting cash on unwanted TV packages

Updated: 22nd September 2017 - First Published: 22nd September 2017 Broadband has become a vital part of modern-day life, and people regularly spend hundreds of pounds a year for the best possible service. A decent TV subscription is often part of that, but when it comes to package deals, do you really benefit? Read More...

Car insurance bills rise 5x faster than inflation

Updated: 22nd September 2017 - First Published: 22nd September 2017 Car insurance bills only ever seem to be rising, but did you know just how quickly they’re ramping up? According to research, car insurance bills are now rising five times faster than inflation, which take average annual bills to £755. Read More...

2017 ILP Moneyfacts award winners announced

Updated: 22nd September 2017 - First Published: 22nd September 2017 The winners of the 2017 Investment Life & Pensions Moneyfacts Awards were announced last night at a ceremony held at the Lancaster Hotel in London, which saw hundreds of industry professionals gathered to hear who would be crowned stars of the show. Read More...

6 of the best three-year bonds

Updated: 22nd September 2017 - First Published: 21st September 2017 Fixed rate bonds are one of the best ways to secure a decent return from your cash, but the thought of locking your money away for years on end can understandably be daunting. So why not compromise – what about a three-year bond? Read More...

Pension freedoms are driving the buy-to-let boom

Updated: 21st September 2017 - First Published: 21st September 2017 Despite the buy-to-let (BTL) tax changes recently, the sector continues to boom, with availability rising and BTL mortgage rates at record lows. It’s little wonder that so many are turning to the market, and it could be down to the pension freedoms. Read More...

Bad news for borrowers: 0% terms fall as APR rises

Updated: 21st September 2017 - First Published: 21st September 2017 The 0% interest market has been booming in recent years, but the tide could be starting to turn – our research reveals a definite slowdown in the market as 0% interest terms are cut, and at the same time, the average APR has risen to a record high. Read More...

Savings accounts at 5yr high thanks to challengers

Updated: 20th September 2017 - First Published: 20th September 2017 It’s a week of good news for savings accounts. Following Monday’s revelation that fixed bond rates are rising, our latest figures reveal that the number of savings accounts has risen to a near five-year high – and it’s all thanks to challenger banks. Read More...

Four years and 4m current account switches

Updated: 20th September 2017 - First Published: 20th September 2017 The Current Account Switch Service is celebrating its fourth anniversary this week, and competition in the sector has been soaring ever since. Consumers the can now switch account in seven working days or less, and millions have taken the plunge. Read More...

Unarranged overdraft fees drop by just £1.43

Updated: 19th September 2017 - First Published: 19th September 2017 Unarranged overdraft fees have been in the spotlight recently, with the CMA heaping criticism onto such fees and the FCA calling for change. Yet despite this, the average unarranged overdraft fee has fallen by just £1.43 since the start of 2017. Read More...

Fixed rate bonds recover from base rate cut

Updated: 18th September 2017 - First Published: 18th September 2017 The returns on offer from fixed rate bonds have returned to levels not seen since the Bank of England made its most recent cut to the base rate just over a year ago. Read More...


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