Money and Pensions Service response to today's Bank of England interest rate decision
Today, the Bank of England’s Monetary Policy Committee voted to increase interest rates to 4%, marking the first rise in more than three years.
Press releases: 2026
Half of Brits say they don’t understand pensions, with many feeling unprepared for retirement
People in the UK are leaving their later-life planning to chance, as half (50%) say they do not understand enough about pensions to make decisions about their...
One in three adults have paid for a subscription they no longer use
Around one in three (31%) UK adults have paid for a subscription or service they no longer use, startling new Money and Pensions Service (MaPS) research has ...
Energy price cap rise adds £60 a year to typical bills: four steps households can take now to save money
As the energy price cap rises by 4% from today, taking the typical annual bill from £1,663 to £1,723, the Money and Pensions Service (MaPS) is urging households...
UK motorists urged to shop around for cheapest fuel as diesel prices hit record high
With households under renewed pressure from rising costs, the Money and Pensions Service (MaPS) has called on motorists to compare local prices and save money.
'Tis the season to be savvy... with five ways to save before Christmas
The countdown is officially on, with just 100 days until Christmas. Here, Jon Styles, Savings Lead at the Money and Pensions Service, offers five tips to...
New Money and Pensions Service toolkit aims to strengthen collaboration between creditors and debt advisers
The Money and Pensions Service (MaPS) has launched a new Supportive debt recovery toolkit, calling on creditors, debt advice agencies and other organisations...
Two in five over-55s have no retirement plan as MaPS launches new Get retirement guidance tool
Two in five people (41%) approaching retirement (55-65) have no financial plan for later life, new research from the Money and Pensions Service (MaPS) has revealed.
A third of people decline wedding events as guests cut costs on celebrations
One in three UK adults turn down wedding events, such as stag and hen dos, or engagement parties, due to the cost, new figures show.
Half of UK early-years parents delay having a baby due to costs
Almost half (49%) of parents of children age 5 or under in the UK considered delaying having a baby due to the financial cost, according to new research from...
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