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A round-up of this week's top money and personal finance news.

In the news – this week’s top money stories

With no British interest in Wimbledon singles finals this weekend, you now have plenty of time to catch up on a bumper week of money news. So take a minute to see what’s been hitting the personal finance headlines. 

1. What next for the gig economy?

A major report into the gig economy was released this week. The Taylor Report, which was looking into employment conditions with companies like Uber and Deliveroo, recommended, among other things, workers be classified as dependent contractors and receive extra benefits. 

2. Don’t miss the deadline

If you’re claiming tax credits, you need to renew your application before the end of July. If you’re already claiming tax credits, you should have already received a pack telling you if you need to and how to reapply. 

3. Pension problems

Almost a third of people have taken out a drawdown pension without taking advice, according to the Financial Conduct Authority (FCA). Meanwhile, Royal London are reporting people who took financial advice between 2001 and 2007 were on average £40,000 better off by 2012 to 2014.

4. Pre-holiday expenses

How much money are you planning on spending before you even leave on your holiday this year? Well, according to American Express, Brits spend on average £273 on clothing, toiletries, entertainment and other items before they’ve left the front door. 

5. Auto-enrolment success

More than eight million employees have started enjoying the benefits of workplace pensions since automatic enrolment was introduced five years ago. These figures from The Pensions Regulator are set to go up, with thousands of businesses set to enrol staff in the coming months. 

6. End of overdraft charges?

Unauthorised overdraft fees are to be scrapped from November this year by Lloyds Banking Group, benefiting customers of Lloyds, Halifax and Bank of Scotland. The FCA is expected to propose measures on overdraft fees in the next few weeks. 

And finally…

It has been just over three months since the new, 12-sided pound coin started entering our pockets and already the billionth one has rolled off the Royal Mint production line.  

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