Railroaded commuters let rip, plus an electricity tariff priced on time of day

Rail season tickets cost six times those in Europe, said campaigners as 2.3% fare increase comes into effect. Photograph: Will Oliver/EPA

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

Richest young people in UK also likely to inherit most wealth, study finds

More people are likely to leave inheritance thanks to rising house prices, but most money will go to the well off, says thinktank. Photograph: Alamy

Rail fares cost commuters up to 14% of their income, says study

Final salary pension deficit of UK’s biggest listed firms ‘hits £137bn’

Green Energy UK offers first electricity tariff based on time of day

Debt charities urge struggling consumers to seek advice early

Feature

Happy new year? 2017 rings in more commuter misery and higher bills

In pictures

Miniature homes

A two-bedroom house with sea views for sale in Liguria, Italy. Photograph: La Fenice Immobiliare di Ciucci Matteo

In the spotlight

The new year means new train fares. We talk to angry commuters who now have to pay more for poor service, while Patrick Collinson calls for a change in the way the system runs.

The train companies pocket millions in compensation for delays, says Patrick Collinson. Photograph: Christopher Thomond

Consumer champions

Losing sleep as Argos fails to deliver new mattress

‘The problem arose because Argos drivers had exceeded their quota of legal driving.’ Photograph: Jonathan Brady/PA

Domestic & General left me without a fridge over Christmas

Ebay Australia won’t help as a member sends obscenities

Money deals

Save 10% on Guardian Travel Insurance, provided by Voyager – use the promo code WIN10 before 31 January 2017 to claim your discount.

Get competitive exchange rates and free online transfers when you send money overseas with the Guardian Money Transfers service, provided by moneycorp.