More graduates 'bad for UK economy', plus TSB and Lloyds slash interest rates

Research showed graduates ‘colonising’ jobs that were the preserve of school-leavers in the past. Photograph: Rex/Shutterstock

Hello and welcome to this week’s Money Talks – a roundup of the week’s biggest stories and some things you may have missed.

Money news

Huge increase in number of graduates ‘bad for UK economy’

Whirlpool told to do more to ensure safety after tumble dryer blaze

A picture issued by the London Fire Brigade shows fire damage to a flat from a faulty tumble dryer.

Landlords lose legal challenge over buy-to-let tax changes

No 10 rejects housing minister’s call for people to skip generation in their wills

TSB and Lloyds to slash interest rates on current accounts

Housing market ‘settling down’ after Brexit vote jitters, say surveyors

Feature

Scandal of the hajj pilgrims who are cheated by devious tour operators

Pilgrims visit the Masjid al-Nabawi (The Prophet’s Mosque) in Medina, Saudi Arabia. Photograph: Anadolu Agency/Getty Images

In pictures

Your very own property bubble in France

A home for sale in Auvergne, France, inspired by fashion designer Pierre Cardin’s house. Photograph: Groupe Mercure

In the spotlight

Returning to Madrid 30 years on from working there as a teacher, Money Editor Patrick Collinson realises today’s generation are far poorer than he ever was.

Vibrant Madrid ... but the fortunes of young people there have changed. Photograph: EyesWideOpen/Getty Images

Consumer champions

Hertz car hire bills us for a £3,000 repair that had never been carried out

I can’t use my BT sim card when abroad

Our Plusnet line crackles and broadband is patchy

Money deals

Be covered for winter holidays with the Guardian’s flexible travel insurance, provided by Voyager.

Get competitive exchange rates and expert guidance for sending money abroad from moneycorp, providers of the Guardian Money Transfer Service.