09 June, 2021
Flight refund fracas
BA and Ryanair are under investigation by the consumer watchdog for failing to offer refunds to passengers who couldn’t take their flights. During the pandemic, travel restrictions meant that many people were lawfully unable to fly. By only offering rebooking or vouchers, they may have breached consumer law - and now the Competition and Markets Authority (CMA) has opened enforcement cases against them.
Mortgage deals are now only on the market for 28 days* on average, giving buyers less time to secure a deal. Amid a rush to complete before the end of June, lenders are continually cutting rates and making new deals available. But swapping to a new mortgage deal at the last minute can slow things down and risk delaying completion.
The UK has taken a step towards labelling green investments properly, with a new working group that’ll look at how to classify climate-friendly assets. Its aim? Stop the “greenwashing” of investments that claim to be sustainable but don’t walk the walk. It’ll come up with a new taxonomy, setting the bar for investments that deserve the green label.
Landowners and rural businesses are calling on the government to allow “pop-up” campsites amid surging demand for UK holiday accommodation. You can currently run a temporary campsite for up to 56 days without planning permission - but campaigners want to make it 6 months to take advantage of the entire camping season.