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UK money news stories - 13 November 2024
2 minute read
Updated 13th November 2024 | Published 13th November 2024
The biggest financial news stories of the week, picked by the money experts at our sister site Be Clever With Your Cash.
Will women be the big losers from Rachel Reeves’ first Budget?
The true cost of the increase to employers’ National Insurance has been uncovered, with workers being hit in the pocket and women being disproportionately affected. But we’ll have to see at what point it’ll start to affect our personal finances and by how much.
University tuition fees in England set to rise for the first time in eight years
University fees will go up by £285 to £9,535 next April in line with inflation and the maximum maintenance loan is increasing too. But what does it mean for students and their repayments?
‘I relate to Erin Brockovich’: postman who took on car finance world – and won
Postman Andrew Wrench discovered car finance lenders had been paying commission to the dealerships when he bought two cars - without his knowledge. After a months’ long legal battle three judges ruled in favour of Wrench and two other claimants and experts say it could result in billions in compensation for borrowers.
Interest rate cut to 4.75%: what does it mean for you?
As predicted, the Bank of England base rate fell by 0.25 percentage points last week and it’s now at its lowest rate since June 2023. But what does it mean for your money - and what can we expect to happen to interest rates beyond 2024?
Paramount+ price increases
Since its launch in 2022 the TV streaming service has offered a single subscription - but that’s all about to change and the price will be going up for everyone. Here’s everything you need to know.
Why should I bother paying into a pension if we’re all doomed?
Like this reader, many might be feeling a bit worried about what the economic future holds. But before you ditch your pension altogether (for fear of an apocalypse), remember you’ll not get that level of employer contributions or tax relief on your money anywhere else.
Eurostar £39 ticket adverts banned by UK watchdog for second time
It’s the second time this year that Eurostar’s had its £39 ticket advert banned for being misleading because of the lack of tickets actually being sold for this price.
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