Uk money news stories - 04 September 2024

Pension pot amount needed for ‘basic’ retirement rises 60% in three years 

Increasing living costs such as housing, food and energy, mean we now need MUCH more money to retire, according to a new report. The Resolution Foundation says the average worker needs an income of £19,300 in retirement to cover just a basic standard of living - the equivalent of a £107,800 pension pot.

Failure to warn Oasis fans of dynamic pricing may be consumer law breach, say experts

Love them or hate them, the Gallagher brothers are back with a bang. But excitement about their upcoming gigs quickly descended into anger after ticket prices surged without warning. But has Ticketmaster done anything wrong?

Banks to be handed new powers to block large payments for up to four days

In 2024 we expect most of our transactions to be made almost instantly. Some larger ones can take until the end of the next working day but under new fraud rules, banks may be able to hold payments for much longer.

Support fund extended after winter fuel payment cut

Rachel Reeves’ decision to cut the winter fuel payments for 10m pensioners didn’t go down too well with many, and she admitted it was a difficult decision to make. Now, the Government has extended the Household Support Fund to help those who need it.

Club Pret review: is it still worth it?

Pret’s coffee subscription used to offer five hot drinks a day for £30 a month. It’s since given it a major overhaul and many people are wondering whether the new version is any good. Zoe, senior writer at Be Clever with You Cash, can tell you everything you need to know and whether you can still make savings.

Sky Customer Support Scam: £10 Per Minute Trap Exposed

If you have Sky services, be very careful. Fraudsters are targeting Sky customers with fake websites and adverts that appear when people search for customer support, tricking them into calling premium-rate phone numbers. It’s got so bad.