Travel

Airline Monarch has announced it has successfully renewed its Air Travel Organiser's Licence (ATOL) less than 24 hours before it was due to expire, ensuring its flights can continue operating as normal.

The value of the pound reached 31-year lows last night, after a 'flash crash' meant it was at one point worth just $1.18. It's since recovered slightly, but many due to go on holiday will now be wondering about their purchasing power abroad.

Passengers who have booked certain short-haul flights with British Airways taking off from 11 January next year may want to pack some extra snacks after the airline announced it will no longer be providing complimentary food and drink.

Train passengers may now be able to claim a refund for issues other than just delays – such as overcrowding, broken loos and a lack of Wi-Fi on certain journeys – following an extension of the Consumer Rights Act 2015, which could also allow more people to claim for flight delays.

Airline Monarch has won an extension to its ATOL licence after securing "significant further investment", meaning its flights and package holidays will continue to operate as normal for the time being.

The proportion of trains which are cancelled or significantly delayed has increased by almost two-thirds year-on-year, Network Rail's latest figures reveal. But in most cases you can claim at least a partial refund if your train arrives more than 30 minutes late.

Social media has been rife with rumours about the airline Monarch's financial health. The company has strongly rebuffed speculation that it could end up going bust and insists it's "trading well", but we've still had questions about your rights and ATOL protection.

10,000s of holidaymakers hit by the collapse of the online travel agent Lowcostholidays have registered as creditors, according to the administrators - but they're unlikely to get money back unless they try a different route such as Section 75 or chargeback. The good news is administrators say the latter method has proved successful for "a significant number".

London commuters and visitors will be able to hop on two buses for the price of one for journeys within an hour, following the launch of the new 'hopper fare' today.

Transport giant Arriva's takeover of rail services in northern England has stifled competition and could push up fares on certain routes, the Competition and Markets Authority (CMA) has warned.