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The Latest Breaking News from The Times Money Mentor

What are your banking options if your local branch shuts?

More than half of Britain’s bank and building society branches have disappeared from the high street in less than 20 years, the latest data shows.

Back to school: how to cut the cost of school uniform

Back to school: how to cut the cost of school uniform

Parents face paying hundreds of pounds for uniforms as the back-to-school rush begins.

Interest rates rise to 5.25% for first time in 15 years

Interest rates rise to 5.25% for first time in 15 years

The Bank of England raised interest rates for the 14th time in a row today, by 0.25%. The Bank’s Monetary Policy Committee voted by a 6-3 majority in favour of the rate rise.

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How to go green with your finances

The government’s commitment to creating a net zero economy by 2050 is under scrutiny, but what impact does going green have on your wallet?

The car rental traps to watch out for when abroad

Hiring a car when abroad can be a great way to see the sights at your own pace, but watch out for hidden fees.

When is the ideal time to buy a house?

Buying a house can be especially daunting in uncertain economic times, leaving many would-be homeowners struggling to decide if and when to take the plunge.

How to make the most of high interest rates

Soaring interest rates are bad news for borrowers but there may be silver linings for some people.

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How to get probate and when it is needed

How to get probate and when it is needed

Dealing with the death of a loved one is upsetting and stressful enough, but there are specific and sometimes complex rules to follow if you have been put in charge of managing their estate.

The ins and outs of inheritance tax

The ins and outs of inheritance tax

Inheritance tax is seen as the most unfair tax in the UK, despite the small number of families who actually have to pay it.

Pensions: how much money do you need for retirement?

Pensions: how much money do you need for retirement?

Older savers withdrew more than £10bn from their pensions last year and may need even more as the cost of living crunch continues.

How to lower the costs of divorce

How to lower the costs of divorce

The UK divorce rate is on the rise amid the cost-of-living crisis.

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