UK money news stories - 20 November 2024

UK Inflation increases to 2.3%

The latest inflation figures are out and it’s up. The change to the energy price cap is a big part of the increase but where else have prices increased? And what does it mean for you and your money? 

Equal Pay Day 2024 is 20th November

Women in the UK have now stopped earning, compared to men. This is because of the gender pay gap - the average difference between what men and women are paid. The gap has actually widened for the first time since 2013 despite work to close it, and stands at 11.3%. But what does it actually mean?

Virgin Media O2 bill rises on mobile and broadband contracts slammed as 'hard to justify'

Virgin Media O2 customers will face the highest broadband price hike in the UK, and the mobile price increase they’ll be hit with is joint highest. Most broadband bills are set to go up by £3.50 a month and experts say the telecoms giant is taking advantage of new rules from the regulator.

Mortgage rates increasing again – so do brokers think now is a good time to fix?

Mortgage rates have stopped falling and many are on the rise following last month’s Budget. The US election has also added another level of uncertainty. So if you’re looking for a new deal, what should you do?

Chase Bank offers first-ever credit card to selected customers

Digital bank Chase has launched its first credit card. Initially it’ll only be available to 25,000 customers before being rolled out to a wider pool. But is it any good and how does it compare to other credit cards? 

Olive oil prices on track to halve, says world's biggest producer After months of paying above the odds for olive oil in supermarkets thanks to a two-year drought affecting harvests, could prices be coming down? Deloleo, the company behind popular olive oil brands Bertolli and Carbonell, seems to think so. 

More than 5,000 Woodford investors now suing Hargreaves Lansdown 

The number of people suing the UK’s biggest investment company has doubled in the past two years with the average claim at around £20,000, including interest. They say Hargreaves Lansdown was promoting Neil Woodford’s equity income fund even when it was aware of its problems. 

‘It’s overpriced tat’: Christmas markets divide opinion across the UK

For some Christmas markets are fun and bring some much needed festive joy. Whereas others start too early, are too expensive and steal customers from local businesses. But what’s your take?