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In the news - the money stories affecting your pocket this week

Another week has brought another bunch of money stories you may have missed. Here are the top ones you need to know.

1. Payday loan companies still need to shape up

The UK's financial regulator the Financial Conduct Autority (FCA), found that payday lenders were being unfair to customers who owed money. Practices they uncovered included threatening legal action they had no intention of taking, and using systems that added incorrect fees and charges to owed balances. 

2. Price push for prescriptions and postage

The cost of prescriptions will go up by 15p from 1 April 2015, while the cost of visiting an NHS dentist or getting basic glasses will also rise. 

You'll also have to pay more to post a letter. First and second class postage stamps will be 1p more expensive from 30th March. A large letter will go up by 2p.

3. Ex-wife could get cash 22 years after divorce

The Supreme Court has ruled that a women is entitled to fight for a share of her ex-husband's fortune, 22 years after they split up. This reinforces the legal precedent that if a court order isn't obtained at the time of divorce, financial claims can still be made in later years.

4. Brits waste £2,704 each year

A report by Standard Life found that Brits could be wasting up to £2,704 every year on things they don't need. They also found that most people could reduce their monthly outgoings by £92 without it significantly affecting their lifes.

 

5. £10 a day is all one in ten have left each month

One in 10 people, or 5 million British adults, have less than £10 a month left over once they have paid their essential bills. That's according to a report by Thinkmoney. They also found that across the UK, the average monthly disposable income was £187, down by £38 from 2013.

 

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