Holidaymakers can no longer claim compensation if they lose money to a dishonest travel agent, the Association of British Travel Agents said last week. It claims this issue arises only very rarely, but the Office of Fair Trading has withdrawn approval for Abta’s code of conduct as a result.
Credit card spree
Consumers went on a credit- card spending spree last month, according to financial website Moneyextra. It recorded a six-month peak in the average balance transfer sought by site users, despite new Morgan Stanley figures showing 21% of Britons shun 0% deals for cashback cards.
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