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
Bank of England cuts interest rates to 0.25%
Supermarket price promotions ‘target less healthy food’
Nine in 10 renters do not have the savings for 5% home deposit
Maintenance grants scrapped for poorest students
No scrapping of triple-lock pension protection before 2020, says No 10
Action at last on bank transfers to make them safer
Tinder-style app offers millennials phone and technology insurance
Feature
How a phone call from ‘the bank’ cost a couple their life savings
In pictures
Photograph: Browns
In the spotlight
The Bank of England has cut interest rates to a new historic low of 0.25%. We explain what this will mean for your finances and reveal which lenders are still deciding whether to pass on the cut.
Consumer champions
Mobile phone calls made while at sea could add up to unexpectedly big bills
Nowhere to stay after an agent booked me in for the wrong month
Easyjet customers still waiting for refunds after flights cancelled
Money deals
You can still save 10% on annual and single trip cover with Guardian travel insurance. Quote Summer10 to claim your discount.
If you need to transfer money oversees, get expert advice and free online transfers from Moneycorp, provider of the Guardian money transfer service.
