Barclays clears the way for new fees if rates go negative

Barclays quietly rewrites terms and conditions to allow it to impose new fees on savers and current account customers if interest rates go negative By Helen Cahill, Financial Mail On Sunday Published: 21:50 BST, 1 May 2021 | Updated: 21:57 BST, 1 May 2021 Barclays has quietly rewritten its terms and conditions to allow it … Read more

Call to give a fees refund to 1million students: Unions seek ‘collective fee justice’

Student leaders have asked the competition watchdog to help get ‘blanket refunds’ for those whose studies were disrupted during the pandemic. Unions are seeking ‘collective fee justice’ which would see up to a million students compensated for lost face-to-face learning.  An open letter, backed by student leaders at 19 universities across the UK, urges the … Read more

Call to give a fees refund to 1million students: Unions seek ‘collective fee justice’

Student leaders have asked the competition watchdog to help get ‘blanket refunds’ for those whose studies were disrupted during the pandemic. Unions are seeking ‘collective fee justice’ which would see up to a million students compensated for lost face-to-face learning.  An open letter, backed by student leaders at 19 universities across the UK, urges the … Read more

Which lenders are offering Government-backed 5% deposit mortgages – and what are the rates and fees?

First-time buyers will be able to get Government-backed mortgages with deposits of just 5 per cent from five major banks and building societies from today. The scheme, which is also open to current homeowners, was first announced in the Budget and will see lenders advance 95 per cent of the purchase price on homes worth … Read more

NHS finance chief stole £50,000 from elderly relative to help pay daughter’s school fees

NHS trust finance chief, 55, stole £50,000 from ‘vulnerable’ elderly relative to help pay for her daughter’s school fees and pay off her mortgage, tribunal hears Janet Ashby persuaded Mr A to let her oversee his assets, disciplinary panel told  She previously worked for Barnsley Hospital but was sacked and later jailed This week she … Read more

NHS finance chief stole £50,000 from elderly relative to help pay daughter’s school fees

NHS trust finance chief, 55, stole £50,000 from ‘vulnerable’ elderly relative to help pay for her daughter’s school fees and pay off her mortgage, tribunal hears Janet Ashby persuaded Mr A to let her oversee his assets, disciplinary panel told  She previously worked for Barnsley Hospital but was sacked and later jailed This week she … Read more

DIY claims for mis-sold pensions could save you thousands in fees

Victims of mis-sold pensions are being advised they might be better off making a claim themselves rather than going through a third party. New figures reveal that DIY claims stand a good chance of success – saving thousands of pounds in commission that might have otherwise gone to claim management companies or law firms acting … Read more

DIY claims for mis-sold pensions could save you thousands in fees

Victims of mis-sold pensions are being advised they might be better off making a claim themselves rather than going through a third party. New figures reveal that DIY claims stand a good chance of success – saving thousands of pounds in commission that might have otherwise gone to claim management companies or law firms acting … Read more

Some energy firms at risk of going bust over distribution network fees

Several energy suppliers are at risk of collapse after struggling to pay back cash owed to distribution networks, a source from a challenger supplier has told This is Money exclusively. Those who owe money to the networks also have to pay a hefty 8 per cent interest on top of their original bill, leaving some … Read more

Visa to join Mastercard in hiking interchange fees for UK shoppers

Regulators should crack down on ‘profiteering’ from card companies as Visa hikes interchange fees for shoppers buying from the EU by 475% Visa is the UK’s largest card provider with an 84% share of the card market It appears to be joining Mastercard in raising interchange fees by up to 475% European merchants are billed … Read more