Money News

The removal of the amber travel list, along with the reduction of the number of PCR tests fully vaccinated adults need to take while travelling overseas, is helping to boost the autumn half term tourist season. There are reports this week that some travellers who have received chargeback refunds from Ryanair flights are not being allowed to fly with the airline unless they hand back their refunds. We look at what consumers’ travel and credit card rights are and how to prepare for an autumn half term trip.

Every week we highlight some of the best personal finance deals currently available. These deals are selected based on their competitive rates and features that benefit consumers. We’ll include a selection of market leaders as well as new products entering the market.

This is only a selection of the financial products available. Those looking for a new savings, mortgage, loan or credit card deal should use our charts to compare the best deals.

• Compare the best savings accounts
• Compare the best mortgage rates
• Compare the best loan rates
• Compare the best credit cards

As the energy crisis continues a growing number of consumers are finding that their energy supplier is going out of business, and many more are finding their energy bills are rising. Here we look at which energy suppliers have gone bust and what options are available to consumers whose suppliers are no longer operating.

Since the start of August 2021, a total of 10 energy suppliers have gone out of business, including Avro, People’s Energy and Green impacting more than 1.5 million customers in total. Customers who have been affected are automatically being moved to a different supplier by the market regulator Ofgem.

Below we reveal which energy suppliers have gone out of business since 1 August 2021 and which supplier customers are being moved to.

On Friday 15 October contactless payments will increase to £100 from the current limit of £45. Contactless payments have more than tripled in the space of 18 months, with shoppers having a limit of just £30 in March 2020, which increased to £45 in April 2020.

The roll-out of the new £100 limit will begin on 15 October, however it may take some retailers longer to update all their payment terminals. Commenting on the increase, David Postings, chief executive at UK Finance, said: “Contactless payment has proved very popular with consumers and an increasing number of transactions are being made using contactless technology. The increase in the limit to £100 will allow people to pay for higher value transactions like their weekly shop or filling up their car with fuel. The payments industry has worked hard to put in place the infrastructure to enable retailers to update their payments systems so they can start to offer their customers this new higher limit.”