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New smart meter rules have come into effect, which mean consumers with faulty smart meters could now get automatic compensation. They will qualify if the customer reports a problem with their smart meter but the supplier doesn’t then provide a resolution plan within five working days.
The new smart meter rules also extend to those who have to wait more than six weeks for an appointment to have one fitted, and if their installation appointment fails due to a supplier fault.
Meanwhile, the February’s Premium Bonds prize draw meant that millions of savers across the country woke up richer – with two lucky winners suddenly finding themselves millionaires.
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And in economic news, the Bank of England’s Monetary Policy Committee (MPC) met this week to decide where to take interest rates in their first meeting of 2026.
How much do you remember of this week’s financial news? Test yourself in MoneyWeek’s news quiz.
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Plus, don’t miss our Premium Bonds quiz. How much do you know about the savings product?
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Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
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