We're always on the lookout for ways to save money, and with the UK's excuse for a summer well under way there are more and more free activities both outside and in.
The UK's financial watchdog has promised to take"robust action" against banks and building societies which fail to justify low savings rates. The FCA warned of further action if banks have not delivered the outcomes it has set out by the end of March 2024.By Ollie Cooper, live news reporter Etsy itself says payment reserves are used to"keep the marketplace safe" and cover potential refunds. But, they are normally in the single digits.
Claims around algorithmic penalties for those who complain are unsubstantiated, and Sky News has reached out to Etsy for comment on that specific complaint, as well as a wider comment on the controversy. Small business commissioner Liz Barclay told Sky News she was"horrified" after hearing about the number of people affected.
On a broader scale - a wider boycott is being discussed among social media pages dedicated to talking about the money holding issue. It remains to be seen if a boycott is possible, although social media traction is certainly picking up - with the Etsy Reserve Strike Group already on around 800 members on Facebook, and a number of sub-Reddit threads dedicated to the issue.