Money news

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MBNA has been ordered to improve its treatment of cardholders struggling to meet monthly payments.

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Lloyds has admitted to ministers that free current accounts actually cost consumers £150 a year in fees and charges.

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Energy companies have been hiking profit margins as well as prices, Ofgem says, launching inquiry.

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Those with as little as £600 in debt are being encouraged to put their homes at risk by lenders, the OFT has found.

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Nationwide raise their rates and the Post Office ditch positive balances in a bad month for card use abroad.

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The BBA's battle with the FSA saw a further development this week as several leading banks announced they will be freezing many PPI claims over the next few months.

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Two million households are due money from Npower. The provider admitted making a big mistake in its billing.

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MPs are pushing for an end to the crippling interest rates charged by doorstep lenders and home credit groups. The UK's are some of the highest in Europe.

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A new payment allocation policy by card company MBNA may have costly implications for consumers paying off debts on a card running two simultaneous 0% offers.

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Should rethinking your wallet be part of your pre date routine? Just 3.7% think frugal people are sexy, according to a new poll.

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