Package holiday costs warning, plus the price of raising a British Olympic star

Travel firm Tui has warned that UK holidaymakers will have to pay higher prices next summer due to the pound’s tumble following the Brexit vote. Photograph: PhotoTalk/Getty Images

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

Tui warns Britons of rise in cost of post-Brexit package holidays

Big cuts in store for Royal Mail and Post Office workers’ pensions

Grosvenor Estate structure protects fortune from HMRC

Tesco cuts savings rates by more than the Bank of England

Millions of Britons ‘paying ethnic minority penalty’ for car insurance

Trading standards institute: consumers are no longer protected

New service aims to protect elderly from nuisance calls and scams

Feature

Parents are paying the price for raising Olympic stars

British gymnast Amy Tinkler is the youngest member of Team GB in Rio. Photograph: Guillaume Horcajuelo/EPA

In pictures

Homes with follies

Brick folly in the grounds of a nine-bedroom Edwardian mansion near Abergavenny, Monmouthshire. Photograph: Knight Frank

In the spotlight

Savings rates are tumbling, and investors are desperate for returns. We look at whether gold is a good bet, and how to buy it.

All that glitters ... ‘some love it, some hate it’. Photograph: Jacky Naegelen/Reuters

Consumer champions

Poor service from Amazon over its faulty HD television description

Beware copycat websites overcharging for Esta and Ehic documents

Ebay flouted its own refund policy when parcel didn’t arrive

Money deals

Find the right mortgage through the Guardian’s mortgage advice service, provided by L&C.

You can still save 10% on annual and single trip cover with Guardian travel insurance. Quote Summer10 to claim your discount before 31 August.