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UK money news stories - 18 December 2024
2 minute read
Updated 18th December 2024 | Published 18th December 2024
The biggest financial news stories of the week, picked by the money experts at our sister site Be Clever With Your Cash.
More than half of bank transfer scams originate on Meta – when will tech firms face fines?
Facebook, Instagram and WhatsApp were linked to 54% of bank transfer scams (119,000 cases) last year, contributing to 20% of total losses. But is Meta being held to account for facilitating fraud?
UK Inflation increases to 2.6%
The UK’s rate of inflation has gone up for the second time in a row, rising at the fastest rate since March. But what’s caused the rise and what does it mean for your spending and savings?
Are YOU living in one of Britain's 18 most cash deprived towns?
Fewer than half of residents in a number of areas in the UK, including Peterborough, Middlesbrough and South Tyneside, have access to cash within a one mile radius. Do you live in one of these cashless towns?
£50k in Premium Bonds after a year: What could you win?
In the summer we wrote about three savers who all invested £50,000 in Premium Bonds and what they won in a year. Six months later, how have things changed? Spoiler alert: they’ve changed massively!
Waspi women will receive NO compensation, says Labour, as Steve Webb warns of 'worrying precedent'
The Labour government has announced that Waspi women - those born in the 1950s who have suffered financially as a result of changes to the State Pension - will not be compensated. The Waspi women have been fighting for years for compensation and say they’re not giving up.
‘Inequality street’: analysis reveals fewer favourites in Christmas chocolate selections
If you’ve ever thought that there was a distinct lack of ‘the good’ chocolates in Christmas tins, like Quality Streets and Roses, you’d be right. Analysis by the Guardian’s revealed the most popular chocolates, like the Green Triangle and Galaxy caramels, are the shortest in supply.
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