UK money news stories - 2 October 2024

Bank customers could be charged £100 within days if they are scammed

New fraud rules being introduced on October 7 have left UK banks divided over whether they will charge scam victims an £100 excess to get their money back. But which banks are saying they won’t pass on charges? 

eBay scraps sellers fees

It’s now free for private sellers to sell on eBay. So that’s people like us, who just use it to sell unwanted items, perhaps after having a clearout. Ebay already dropped the fees for fashion listings earlier in the year and now it’s the case for almost everything. Here’s everything you need to know.

Half of Britons plan to ration energy use this winter as 10% bill rise looms

With the new energy price cap being introduced this week, pushing the average bill up by 10%, many people say they will be putting off using their heating and power this winter. Charities are calling on the Government to do more to help vulnerable households to heat their homes.

Nationwide completes Virgin Money takeover to create high street banking titan

The UK’s biggest banking merger since the financial crisis is complete, despite initially shocking the City when it was agreed in March. But what does it mean for customers?

New roaming alerts for holidaymakers

As of 1 October, mobile providers must alert their customers when they start roaming abroad. The new rules, which will hopefully stop us racking up a huge bill without realising, must also give clear information about how to use our mobiles abroad including fair use limits and details about setting a spend cap.

Workers must keep all customer tips under new law

It’s great news for waiting staff, bar staff and other service workers, following new laws that say they must receive 100% of the tips given by customers. Should their employer break the law and keep their tips, they’ll be able to take them to an employment tribunal.

Uh oh: Virgin Atlantic makes sweeping changes to Flying Club, including dynamic pricing

Virgin Atlantic has just announced it is changing the way you can earn and redeem points from 30th October - and there’s a lot going on all at once. You’ve got the best part of a month to redeem your points under the current system and here’s what’s happening beyond that.