Cost of living crisis – what can I do?
Things are getting very uncomfortable here in the UK, with the recent energy price hikes, petrol and diesel prices at their highest ever, and the 1.5% national insurance increase. The future doesn 't look much better as the Bank of England just raised the interest rate by 1% while predicting 10% inflation. For the person in the street that just means one thing, our money is going to be stretched alot further than most of us have ever experienced before. So what can we do? Energy is a good place to start. Make sure you have LED light bulbs where possible, these are much more efficient, (and they last a lot longer). Try to use as little heating as you can bear. Even turning it down a degree can make a substantial saving, so dig out those sweaters! A windfall is always nice, but in times like these it can be a lifesaver. Check to see if your current, (or old) account has a sexy name, like Gold, Platinum, Premier, Ultimate Rewards. Also if it came with mobile phone and holiday insurance and car breakdown cover. If so then see if you qualify for a refund of the fees you paid and a nice 8% interest boost! You would be surprised how many of these accounts were mis-sold. Also, take a look if you had any car finance. PCP was also commonly mis-sold, so if you had finance you should also check to ensure you were not mis-sold this also. Claims take approximately 10 to 16 weeks, and with TMS Legal it' s quick and easy. Complete our enquiry form below and we'll be in touch, or start your Continue reading
Dispatches Undercover Financial Ombudsman
Channel 4 reveals failings at Financial Ombudsman Service in Undercover Documentary A year after This Is Money reported about levels of staff discontent, chief Caroline Wayman has issued a warning to staff at the FOS that the upcoming Dispatches documentary will be “less than complimentary about the Continue reading
Bank of Scotland Silver Account Refund
Paid for a Bank of Scotland Silver Account? You could be Owed a Refund 3 Minute Read The Bank of Scotland Silver Account came packed with benefits like travel insurance, mobile insurance and car breakdown cover. This account came with a fee of £9.95 a month but Continue reading
Bank Account Charges and Refunds
Over 2m UK Banking Customers Permanently Stuck in Overdraft 3 Minute Read Using an overdraft has resulted in more than 2 million customers being stuck in a vicious borrowing cycle that they can’t get out of. Debt charity StepChange has discovered evidence of banks failing to ensure Continue reading
RBS Bank Staff Pressured for More Profit
More Bank Mis-Behaviour! This Time All Eyes are on RBS.... Again. 3 Minute Read The Mail on Sunday has announced seeing unpublished reports spanning from 2009 to 2013 displaying more bank mis-behaviour. The reports show that RBS staff were pressured by management to “squeeze companies in order Continue reading