Barclays charged 90-year old widow £177,750 to repay shared appreciation mortgage

Mr and Mrs T were among tens of thousands of homeowners who signed up to this type of mortgage in the 1980s. Known as a shared appreciation mortgage, no interest is charged, but instead the lender grabs a percentage of any future uplift in the value of the home.

Santander is edging closer to a deal with Royal Bank of Scotland to buy a large tranche of its branches, according to reports.

Bicester Heritage brought a 1920s RAF base back to life as a classic car hub

There's a good reason why former 1920s RAF base Bicester Heritage looks like a historic motoring fan's idea of heaven, it's a classic car business centre dreamt up by one. Bicester Heritage, with its 30 businesses on one elegant site, is the brainchild of businessman Dan Geoghegan, who believed that the fragmented but highly-valuable British classic car industry needed a new way of working. We paid it a visit.

The Bank of England is looking likely to halve interest rates later in the week which has the potential to create more misery for savers, experts warn.

Speculators and investors now hold more 'short' positions against sterling than at any time since records began in 1992. Pictured: Margot Robbie in last year's hit film The Big Short.

Financial uncertainty sparked by Britain's vote to leave the European Union seemed to be the main factor in making July the worst month for Britain's building industry since 2009.

Home ownership in England is at its lowest level since Margaret Thatcher began allowing council tenants to buy their homes, a report by The Resolution Foundation has revealed.

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FTSE CLOSE: City slumps into gloom as UK construction activity falls again

The FTSE 100 closed down 48.55 points at 6645.40 as traders digested another poor update from the UK construction industry. The US Dow Jones fell 116.7 points to 18,287.8 while Germany's DAX was down 186.2 points at 10,144.3 and France's CAC 40 was off 81.2 points at 4,328. Brent crude fell below $42 a dollar. Market players were also disappointed by Japan's decision to opt for a massive Government spending package to stimulate its ailing economy, rather than its central bank going on another substantial money-printing and asset-buying spree.

Later this year, Greggs is expanding its in-store ranges further, introducing new soups, packets of fruit and nuts and own-label crisps.

The investment bank is facing fresh questions over its financial dealings with the Greens following the publication of a damning report in to the collapse of BHS.

The facility will pioneer treatments in bioelectronics, where small devices are implanted in a patient to monitor and change electrical nerve signals in the body.

Top of the list for intervention, after Hinkley , should be Softbank's £24bn bid for ARM. Selling would be a terrible betrayal of Britain's investment in a high tech future.

The supermarket launched a trial selling groceries in China last year, selling 50 different products online. The experiment has been so successful that the range is being doubled to 100.

Supermarkets cut petrol prices but should costs be lower?

Britain's biggest supermarkets are cutting the cost of filling up at the pumps, after facing criticism for failing to pass on falling wholesale costs to consumers. Supermarkets are dropping the price of petrol and diesel by up to 2p per litre. However, the FairFuelUK campaign said the cuts did not go far enough and price falls do not reflect the drop in wholesale costs.

There are few more nerve-racking moments than taking your driving test. And if you live in the London and plan to sit yours any time soon, look away now.

With Britain's banks having already footed a bill to the tune of £24billion for the PPI scandal, the Financial Conduct Authority said it wants to bring 'finality and certainty' to the saga.

Call for a crackdown on CGT dodgers over £18bn homeowner tax break

Selling a home could come in for more tax scrutiny after a report from the National Audit Office warned it is worried about the abuse of tax relief given to homeowners. The report was mainly concerned with a lack of oversight allowing owners to take advantage of the system and claiming it when they shouldn't - for example by saying they lived somewhere they didn't or by flipping residency at properties. We explain what's going on?

Were it not for Brexit and the failed coup attempt in Turkey, Greece would be up in lights again this summer. Those who complain about cuts in Britain should take a look at what real austerity means.

The most expensive home on the planet? French villa is valued at £250m

Villa Les Cedres is in Saint Jean Cap Ferrat, a refuge between Nice and Monaco for some of the world's richest people. Built in 1830, the villa was sold in 1924 to Alexandre Marnier Lapostolle, owner of the Grand Marnier liquor brand. It is now up for sale by its owner, drinks maker Campari and could fetch a believed world record £250m.

Oxford has plenty to offer commuters. But expect to pay a price to live in this flourishing city as the average house price is more than double the national average of £209,054 at £482,000.

Sometimes, good managers have a bad spell because their style is out of favour. Here are four funds that have short term underperformance but could be long term winners.

Black hole in Britain's final salary pension schemes soars to a record £390bn

The black hole in Britain's defined benefit schemes, including final salary schemes, has soared to a record £390billion, new data reveals. In the past year, the deficit of all UK private sector defined benefit schemes has rocketed by £135billion, equating to an increase of £2.6billion a week, JLT Employee Benefits said. With the Bank of England potentially cutting interest rates on Thursday, the crisis affecting many older types of 'gold-plated' company pensions looks set to continue.

Business leaders hate uncertainty, says psychology expert Gurek Bains. You can expect companies to move their operations out of the UK pretty quickly - and snap up cheap British assets.

How should investors position themselves post-Brexit? Kames Capital CIO Stephen Jones explains some adjustments you can make to help maintain an income stream.

The BIG FREEZE: As savings rates plunge, we track down the best deals

The first half of this year was a 'total wipe-out' for savers, with rates falling and dismal new deals. But experts say the outlook is even more chilling. Here, The Mail on Sunday analyses the state of the savings market, what to prepare for next - and how to get a better deal.

Most households are suffering from broadband blindness - not knowing what speed of internet connection they should be getting - or even how much they are paying for it.

Luke Peake is the 28-year-old founder of Uberated, which aggregates expert reviews and provides them to retailers to help shoppers find the right products. He gives his tips on raising funds.

Are the state pension triple lock's days numbered? PM says guarantee isn't under threat

Prime Minister Theresa May and her team were forced to deny plans to slash state pension payouts for millions of Britons, over the weekend. A memo, written by Baroness Ros Altmann, who was pensions minister until stepping down when the new Prime Minister started, stated the guarantee would not be affordable if the economy hit trouble and that it had 'fulfilled its purpose'.

Last week, despite a doubling of profits, Lloyds (still partly State-owned) announced it would be axing 200 branches by the end of 2017 - on top of the 200 it earmarked for the chop in 2014.

TONY HETHERINGTON: FedEx Fitbit saga over shipping charges

We read with great interest your recent stories about FedEx and its charges. We were in the US in May and left behind a Fitbit activity wristband. The hotel offered to ship it to the UK if we supplied our card details, which we did. But my card bill was for £82 which seemed excessive. Shipping documents said the weight was 1.2kg yet the wristband weighs only 30g.

New York-based Kun Deng has been at the helm for 19 years, and the fund is a flag waver for Lazard's commitment to buying 'discounted assets'.

The group was launched in 2000 under the name As Seen On Screen with a strategy of selling clothes that echoed the very latest fashions sported by celebrities, but at bargain prices.

UK manufacturing activity slumps to three-year low after Brexit

Activity in Britain's manufacturing sector has slumped to its lowest level for more than three years, new data reveals. The closely watched Markit/CIPS Manufacturing Purchasing Managers' Index dropped to 48.2 in July, down significantly from June's reading of 52.4. The news comes ahead of the Bank of England's inflation report and interest rate decision, widely expected to see rates cut.

The DS Smith boss, who lives in a six-bedroom house in Hertfordshire worth £2.2m with his wife Gillian and their four children, sold 456,026 shares in the packaging company at 395p each.

The drop is exactly in line with the decline seen in July last year and matches the long-running trend of lower shopper numbers - giving the strong impression that the Brexit effect is waning.

The grocer becomes the first supermarket to cut prices since the EU referendum in June. It said prices would be reduced by an average of 18 per cent and as much as 56 per cent on some items.

Royal Bank of Scotland is this week expected to reveal it remained stuck in the red in the second quarter of the year putting it on course for an ninth consecutive year of losses.

MARKET REPORT: Cost-cuts and a dividend rise lift hopes at engineering solutions firm

The firm said trading in its emissions control products division, Flexonics, was subdued and there were no signs of recovery yet. It is focusing on cost cutting including reducing staff numbers and directing production to its more competitive locations such as Mexico and Malaysia. But the aerospace division is doing well and the firm said it expects a stronger second half of the year.

The High Street fashion retailer has received a letter from activist investor Gatemore Capital Management, criticising its 'disappointing' performance since the financial crisis.

TUC general secretary Frances O'Grady said the multi-billion pound project was needed to deliver thousands of jobs and should get 'the green light as soon as possible'.

Swedish bank Handelsbanken voted top by UK small firms

The findings of Business Banking Insight (BBI), which ranks banks based on recommendations from small firms, also suggest personal service and local decision-making are highly valued by smaller companies. The BBI website last week unveiled its findings, which are based on replies from 10,000 small and medium-sized firms scoring their bank on the transparency of charges, among other issues. Handelsbanken emerged as one of the most favoured.

Number of new companies has been rising for years and is set to exceed 600,000 in 2016. While the Brexit vote has filled some with fear, Carl Reader says for many start-ups this is unwarranted.

Save The High Street will provide advice and ideas to kick start or improve online sales, as well as listing details on seminars, at its website savethehighstreet.org .

Ten top dividend shares for a post-Brexit world

UK dividends are likely to fall over the next year or two but Evenlode Income manager Hugh Yarrow has picked 10 stocks that can maintain and steadily grow their dividends over the next five years. They come from very different sectors but all boast low or no debt and are asset light.

M&G;, Aberdeen and Invesco Perpetual have all been named as having some of the worst performing investment funds in the latest Spot The Dog report by Tilney Bestinvest.

AIM companies tend to be smaller businesses, often start-ups or specialists in niche areas. The rules and regulations for listing on this stock market are less stringent than for the FTSE.

Citizens Advice reveals top 10 scam hotspots

Scammers are targeting residents of Bournemouth more than any other area of England and Wales, according to new data from Citizens Advice. Residents of the Dorset seaside town reported more scams per head between January and March 2016 to the charity than any other spot in the country.

Less than 10 years after the implosion of the western world's economy as a result of risky lending to borrowers who couldn't pay, a lender has launched with the slogan 'no job, not a problem'.

Experts at the UK Cards Association say that people are at risk of contactless card fraud because customers are too often handing their cards over for payment.

Top Kia: RAY MASSEY visits the Korean car firm's secret research base where Britain's

You probably have a better chance of sneaking into the dark dictatorship of North Korea than getting into Kia's vast, top-secret research and development complex creating its next generation of cars bound for British showrooms. But this week, I managed to do just that - as one of the first group of journalists to be granted access to the fast-growing firm's high-security Namyang R&D; facility and test track an hour's drive south-west of South Korea's capital, Seoul.

Britons splurged an extra £1.8billion last month and now owe £186billion. The amount owed on mortgages was up £3.3billion, a 3.3 per cent growth rate.

Many of us know about saving into a pension, but what happens to that pot when you retire? Adrian Walker, of Old Mutual Wealth, explains in our jargon buster video.

Carol Smillie says her 'pretty knickers are targeting a hidden epidemic'

TV presenter Carol Smillie and Tennis star Annabel Croft have teamed up to launch knickers specially designed for women suffering from heavy periods, pelvic floor weakness and post-maternity issues. The underwear, called Diary Doll, is now being sold on Boots' website.

Return flights to favourite holiday destinations have collectively fallen 22 per cent in price in just one year, according to in-depth analysis by travel search engine Kayak.

Lamborghini Diablo and Porsche 911 for sale with almost no mileage on the clock

They were poster boys in the 80s and 90s and now two iconic supercars are on sale having barely been run in since the days when they adorned bedroom walls. However, don't expect these two low-mile exotic motors to come cheap. The ice-blue Lamborghini Diablo SV (main picture) is listed for £270,000, almost £100,000 more than it cost when on sale in 1995, while the Porsche 911 Carrera (inset) has more than tripled in price since it rolled off the production line 31 years ago.

Cars that dominated Britain's streets and driveways until relatively recently are on the verge of extinction - including the Austin Metro, Morris Marina and Ford Sierra.

Four in five households are unaware of forthcoming TV licence changes which means they could run the risk of a £1,000 fine and a criminal record.

How is money created?

It masquerades as such a simple question, but it's one that befuddles MPs, even economists and so many of us who happily use the stuff every day. In this latest episode of the Big Money Questions, two experts break down how it is created, how much of it there is and whether there's a different way of making it that would make us all a bit wealthier.

One company lost documents on 16 separate occasions and another charged £20 to reply to an information request, said new online player PensionBee.

Best places to invest around the world to beat Brexit on The Investing Show

Brexit offers an opportunity to look beyond Britain's shores and consider where in the world the best investing opportunities lie. Justin Urquhart Stewart, of Seven Investment Management, joins the Investing Show to take us on a trip round the globe to weigh up the best prospects - and how to invest at a time when he says 'it's never been easier'.

5m credit cards that are never paid are problem for all

There are five million credit cards which, at their current repayment rate, may never be cleared. They're a problem for all of us, even those who clear their balance in full. The economy is hamstrung by this debt and chances are you know a relative or friend who is buried under it - although it's not something they'll often come clean about.

HM Revenue and Customs collected £4.7billion in inheritance tax in 2015/16- a 22 per cent increase on the previous tax year, when IHT receipts were £3.8billion.

My partner and I are remortgaging at the moment and since putting in our application before the European referendum, we've been told the value of our house has dropped.

How good is my default work pension? Nine top funds are put to the test

Many savers end up in their employer's 'default' funds, which are chosen for the workplace as a whole. They tend to play investments pretty safe to avoid any costly blunders with workers' savings. But pension consultant Punter Southall Aspire put nine to the test - and found they don't follow a standard model at all.

More than one in ten people over the age of 65 were still working in some capacity last year compared to just under one in 20, or 436,000, back in 2001, new figures have revealed.

Some 22,503 people went insolvent across England and Wales, which also marked a 6.9 per cent upswing compared with the previous quarter, according to Insolvency Service data.

Fiat Dino tops 12 classic cars that have risen most in value in a year

While the top-end of the classic car market may commandeer the headlines, more affordable motors feature heavily in a list of top risers as new investors buy classics. The little-known Fiat Dino, pictured, has been named as the top riser - and more humble classics such as the Peugeot 205 GTI, Land Rover Defender, VW MK1 Golf GTI and Morris Traveller have also all risen by more than a third in value.

50 ways to save money....

To clear the average national household debt of ?13,000 at 6% interest with a monthly repayment of ?100 will take around 17 years. There are, however, plenty of simple ways to make significant savings on your regular spending that could clear your debt - or boost your savings - in less than a year. This is Money's top 50 - updated - money-saving tips may appear light-hearted but are deadly serious.

Pick the best (and cheapest) investment Isa platform

Choosing the right DIY platform is crucial but a wealth of choice and changes to charges have left many investors scratching their heads. We pick some of the best. We also highlight why investing in an Isa makes sense, as it should protect your hopefully growing investments from tax forever.

In this low-income world it can be hard to find mainstream investments paying a significant yield. Stifel has compiled a list of 19 investment trusts with a yield of more than 4 per cent.

L Board sign on the rear of a blue saloon car , UK

If you are new to investing then the huge number of funds and investment trusts on offer can be confusing. Fortunately, This is Money's experts have some ideas to get you started.

Income investing: Dividends can deliver both a healthy boost to long-term growth and a way to earn from your investments.

Income investing can let you draw on your portfolio or reinvest dividends to build solid growth over time. Our experts give their fund and investment trust recommendations.

On the up: Emerging markets such as Brazil are where much of the world's growth is expected to be over future years.

If you're looking to add some flair to your investing Isa with emerging markets, This is Money's experts have some ideas to get you started

Will the UK be Norway, Switzerland or Canada? Brexit trade deals we could follow

Now that we've voted ourselves out of the EU, it's time to work out how we're going to trade in future with all its 27 member countries - and the other 27 countries it has deals with. So how do other non-EU members trade with the bloc and would any of their models suit us?

It would have been nice to have a plan. Instead, after the Brexit vote we were left scratching our heads. But now it's time for some answers on trade and what we mean to the EU.

Even after Brexit it could still be possible for us to access the single market and the benefits that come with being part of it, but today we were warned there's a price to pay.

When will UK interest rates rise?

A speech from the Bank's chief economist Andy Haldane was released today suggesting 'a material easing of monetary policy' was needed. A day after rates were held at 0.5 per cent in July - despite the firm forecast that they would be cut by money markets and economists.

What next for mortgage rates?

Markets went into turmoil following the momentous decision by the British people to leave the European Union on 24 June 2016. But what does all of this mean for mortgage rates?

Ten tips for buy-to-let

For many buy-to-let looks an attractive income investment in a time of low rates and stock market volatility. Climbing house prices, rising rents and improving mortgage deals are tempting investors - although they will need a big deposit. Read This is Money's top ten buy-to-let tips

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Musicians have seen pay rises averaging nearly 20 per cent in 2015, while cleaners are getting 17.8 per cent more, and window cleaners 12.3 per cent. Artists in general are earning 14.6 per cent more in 2015 than 2014, according to the huge annual data dump of pay scales by the Office For National Statistics highlights.

Premium Bonds winners

August 2016
Prize value Winning bond No. Area
£1,000,000 73TQ908838 Somerset
£1,000,000 251SW073009 Cornwall
£100,000 199NH195340 Surrey
£100,000 159BL905832 East Sussex
£50,000 259HS534595 Havering
£50,000 256AC059416 Hertfordshire
£50,000 155AW119420 South Gloucestershire
£50,000 150KJ507049 Avon
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£50,000 104RQ826367 Inner London
£25,000 275LK598949 Coventry
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