Former Pensions Minister Steve Webb is This Is Money's Agony Uncle. He is ready to answer your questions, whether you are still saving, in the process of stopping work, or juggling your finances in retirement. This week, he replies to a reader thinking of tapping a pension pot to pay off his mortgage.
THIS IS MONEY'S SIX OF THE BEST
As a Peugeot 205 GTI sells for record £31k, we ask an expert to predict six future classics you can buy for a snip today
Identifying which cars will become modern classics sky-rocketing in value is something of an art form but, as the owner of this French hot hatch (left) will tell you, it pays off when you get it right. To make life a little easier, we asked an expert in the field of classic cars to hand pick his six future classic predictions, including (top to bottom) the Lotus Elise, Audi TT and Porsche 924.
DON'T MISS
- Savings rates have already crashed at big banks and building societies - so does the BoE cut mean more misery?
- Star fund manager Neil Woodford sees his investment trust lose 10.8% of its value in first half of the year Patient Capital hit by struggling healthcare stocks.
- Where British buyers can still snap up a cheap home even after the pound's fall Overseas property bargains from £20K.
- An interest rate cut without ever managing to rise from 0.5% is a sign of abject failure, says SIMON LAMBERT
- I got a new car on finance but the dealer mistakenly ordered a £3k more expensive spec... - now it wants £250 extra at the end.
- Bank of England cuts interest rates to record low of 0.25% and puts £170bn behind emergency cash for financial system Brexit bazooka!
- Women retiring this year expect to live on 27% less than men... - and only 40% think they'll have enough to live comfortably.
- 'I worked at RBS during the financial crisis - and sales pressure is now ten times worse' Dozens more whistleblowers step forward to tell of bank misery.
- Tesco Bank steps up competition with permanent new low-rate credit card at a market-leading 5.9% A proper flexible friend?
- The founder of RateSetter on peer-to-peer's future, how he got the firm off the ground and why FSCS protection isn't important
- Fidelity China's Dale Nicholls on why he's betting on consumers and its answer to Uber 'Markets are cheap, sentiment is bad, I'm finding opportunities'.
- Will Brexit force British expats to return to the UK? We meet the Costa pensioners determined not to let the EU vote ruin their retirement.
- Lloyds has been maltreating mortgage borrowers to the tune of £215m... The FCA's investigating but NO-ONE will say what for, says SARAH DAVIDSON.
- Our essential guide to the bewildering tax codes landing on your doormat The vital check that could save you thousands in tax.
BUSINESS & MARKETS
FTSE LIVE: Footsie extends post-rate cut surge showing little caution ahead of key US July jobs report
In opening deals, the FTSE 100 Index was up 40.2 points, or 0.6 per cent at 6,780.2, having closed 1.6 per cent, or 105.8 points higher yesterday. However, US stocks ended little changed overnight amid caution ahead of the July jobs report, which will be scoured for clues as to whether the US economy is strong enough to support a Federal Reserve rate hike as early as September.
SAVE MONEY, MAKE MONEY: OUR TIPS TO GET RICHER
- This is Money's five favourite best buy cash Isas for 2016
- Looking for a better bank? Five of the best current accounts
- Energy bills: Could you cut save by switching?
- Best credit cards for spending, holidays and rewards
- The best mortgage rates and should you fix?
- Ten tips for cheaper car insurance - and compare prices
- Best debit and credit cards for spending overseas
- The best and longest balance transfer credit cards
- Best (and cheapest) DIY investing Isa platforms
- Ten tips for buy-to-let and how to find a mortgage
MONEY NEWS & ADVICE
An interest rate cut without ever managing to rise from 0.5% is a sign of abject failure, says SIMON LAMBERT
The trade-off we were promised for saving our banks - sticking countless billions on the taxpayer's tab, seeing savers hurt and reckless borrowers rewarded - was that this would never be allowed to happen again. But if we had managed to meaningfully reform our banks and escape our capture by the financial sector, base rate wouldn't have been frozen at 0.5%.
Savings rates have already crashed at big banks and building societies - so does the BoE cut mean more misery?
Savings rates have crumbled, meaning returns savers can get on the high street are already at record lows - and that was before the Bank of England cut the base rate today. Rates on easy-access accounts, bread and butter products in which savers can simply dip in and out of with their spare cash, on offer from Britain's biggest banks are dreadful.
Overseas property bargains from £20K: Where British buyers can still snap up a cheap home even after the pound's fall
Hungary, Bulgaria and Romania tipped as property hotspots for those looking for cheaper overseas holiday homes amid the slide in the value of the pound. We take a look at how it is possible to buy a holiday home from as little as £23K if you're willing to step beyond more traditional locations such as France and Spain.
I got a new car on finance but the dealer mistakenly ordered a £3k more expensive spec - now it wants £250 extra at the end
After placing a new-car order three months ago, a reader discovered the dealership had requested a more expensive version by mistake and increased the balloon payment on the agreement. But why should they be responsible for the dealer's error? Is it worth rejecting the car or is the deal a blessing in disguise?
'Markets are cheap, sentiment is bad, I'm finding opportunities': Fidelity China's Dale Nicholls on why he's betting on consumers and its answer to Uber
Fidelity China Special Situations may have moved further to the edge of investors' radars in the two years since Dale Nicholls took over from fund management legend Anthony Bolton, but he has delivered strong performance - with the trust's shares up 55 per cent. Eleanor Lawrie found out why he thinks China is a good prospect, despite the gloom surrounding it.
Seven cars we're glad to see the back of: The models more likely to be crushed than become collectible classics
There are plenty of cars we can name that we're not big fans of, but some are so terrible they deserve to be locked away in the scrapyard of history. We've teamed up with the review team at AutoCar magazine to list the worst seven motors of the last two decades - those that are better off destined for the crusher than a classic car collection.
Lloyds has been maltreating mortgage borrowers to the tune of £215m: The FCA's investigating but NO-ONE will say what for, says SARAH DAVIDSON
If you were treated unfairly by your mortgage lender, which knew it was being investigated as a result, you'd be pretty peeved if you remained out of pocket because no-one would admit it. You'd be even more annoyed if you discovered the Financial Conduct Authority - the watchdog put in charge by the government to protect consumers - was keeping your bank's misdemeanors under wraps too. But that is exactly what is going on for thousands of mortgage borrowers who have fallen behind on their mortgage payments with Lloyds Banking Group.
MORE BUSINESS & MARKETS NEWS
YOUR MONEY ESSENTIALS
Will Brexit force British expats to return to the UK? We meet the Costa pensioners determined not to let the EU vote ruin their retirement
The 400,000 Britons living in Spain are divided over what Brexit means for their futures. Some believe life will go on as usual. Others fear changes to healthcare and pensions falls that could force them to return. So what do those who have stuck it out through turbulence caused by the financial crash think about retiring to a life in the sun now Britain is leaving the EU? Is there a bright future or is a storm brewing?
Energy, broadband, mobiles, insurance... Why do firms make it so infuriatingly difficult to cancel contracts?
Ending a deal can be as confusing and time-consuming as getting out of the European Union. Money Mail's agony uncle Tony Hazell shares his top tips to get the upperhand when dealing with customer services. He is fed up with consumers being treated as if our time has no value. We must endure a sales spiel whenever we want to remove our custom.
Too good to be true? New online estate agent promises landlords fee listings on Rightmove and Zoopla, a year's rent up front and to pay for all wear-and-tear...
For the first time ever landlords can list their properties to rent on both Zoopla and Rightmove without paying up front fees. LetMe, an online lettings agent, has just launched a service giving landlords the option of paying no fees at the outset, receiving 12 months rent in advance and having a guarantee that the condition of their property on the tenant's departure will be equal to the condition at the start of the tenancy. It includes listing as many properties as they like for no charge on both major property portals with LetMe claiming the overall deal is 'free'.
Ninety-year-old widow faces sickening £177k bill to repay a £22k mortgage - but Barclays insists its 690% profit is fair
The sickening contract will be triggered the moment she decides to move home, landing her with a bill that will see her mortgage provider Barclays pocket a 690 per cent profit. 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 when it is sold.
The stunning 1920s RAF base brought back to life as a home for classic car firms: We go behind the scenes at Bicester Heritage
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.
Selling your property tax-free may be about to get tougher after call for crackdown on CGT dodgers using £18bn owners' 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?
Is this the most expensive home on the planet? Opulent French villa on the Côte d'Azur is valued at an astonishing £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.
Feeling brave? Four fund managers who've fallen behind to buy into now - and reap the long term rewards
Sometimes, good managers have a bad spell. Not because they have suddenly lost their touch, but because their style is out of favour or markets are acting irrationally. Here are four funds that have underperformed in the short-term, but could be the long term winners. These are managers with a good long term track record, whose recent performance figures are less than stellar.
GUIDES: HOW TO SAVE MONEY AND MAKE MONEY
WHAT NEXT FOR YOUR MONEY?
50 ways to save money: Simple steps to cut what you spend that could clear your debts or seriously boost your savings
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.
What next for mortgage rates: Record low deals on offer but will Brexit mean rates rise?
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: the essential advice for property investors
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
TIPS, TOOLS AND HELP FOR LANDLORDS
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Best paid jobs 2015: Compare your salary to the national average in this league table of 350 professions - and see the year's winners and losers
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.
ABOUT THIS IS MONEY
Premium Bonds winners
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 |
£50,000 | 148GJ883864 | West Scotland |
£50,000 | 104RQ826367 | Inner London |
£25,000 | 275LK598949 | Coventry |
MOST READ MONEY
- UK is 'sailing blindly into a second global financial crisis' The Adam Smith Institute claims 'weak' British banks are in 'no fit state' to withstand financial shocks.
- Seven cars we're glad to see the back of... The models more likely to be crushed than become collectible classics.
- Interest rate cut would give banks yet 'another excuse to cut savings deals', savings expert warns
- New platform offers investors the chance to buy a (very small!) share of a high-end London property for £1,000 Returns of up to 10%?
- Why you'll need save at least an extra £1,000 a year into your pension Dire stock market returns spell a £30,000 black hole for your pot.
- Energy, broadband, mobiles, insurance... Why do firms make it so infuriatingly difficult to cancel contracts? Tony Hazell shares his top tips.
- My wife's cancer stopped us going on holiday for our 44th anniversary - but insurer won't pay ASK TONY.
- Clever gadgets alone can't halt the fraud epidemic... government must up its game DAN HYDE on cyber crime.
- The stunning 1920s RAF base brought back to life as a home for classic car firms We go behind the scenes at Bicester Heritage
- Ninety-year-old widow faces sickening £177k bill to repay a £22k mortgage... - but Barclays insists its 690% profit is fair.
- Hedge funds and investors make record bets on a fall in the pound Is sterling the next big short?
- Investors spooked by Brexit and commercial property fears pull £3.5bn from funds in June... - six times more than at height of the financial crisis.
- Deadline for mis-sold PPI claims is set for the end of 2019 - after a new marketing campaign reminding people to claim
- Selling your property tax-free may be about to get tougher after call for crackdown on CGT dodgers using £18bn homeowners' tax break
- Why the Greeks shouldn't Grexit... Left-wing government could turn battered nation into Europe's Venezuela.
- Are you locked into the exchange rate when you make a hotel reservation on Booking.com? Or are you at the mercy of forex fluctuations until you check out?
- Campaigners ask 'who is fleecing the motorist', so should petrol costs be lower? Asda, Tesco, Sainsbury's and Morrisons all cut
- Is this the most expensive home on the planet? French villa is valued at £250m Opulent home on the Côte d'Azur
- Theresa May must act fast to put the brakes on Britain's shameful sell-off ALEX BRUMMER
- Now British shops ARE selling tea to China: Sainsbury's online trial proves a massive hit
- Should you move to...Oxford? Its dreaming spires, good schools and transport links are a huge draw But that comes at a price
- Morrisons triggers new supermarket price war after slashing the cost of more than 1,000 products
- Black hole in Britain's final salary pension schemes grows to a record £390BILLION Rate cut worries
- How business leaders around the world will react to Brexit Cultural psychology expert GURNEK BAINS
- What does Brexit mean for shares, bonds, income investments and commercial property? Kames Capital's Stephen Jones explains
- As interest rates for savers plunge - to zero for some - we look at how to find the best deals The big freeze
- Don't let opportunistic crooks set your festival on a low note Here's our guide to worry-free concert going
- TONY HETHERINGTON The FedEx Fitbit saga... and how shipping firms slap on charges for collecting tax
- The tycoon who came to tea Nirmal Sethia wouldn't sell his £160MILLION collection (including Nelson's teapot) for all the tea in China
- If your last bank in town is closing and you feel angry about it, let us know JEFF PRESTRIDGE
- SUNDAY NEWSPAPER SHARE TIPS Asos and Serco
STEVE WEBB ANSWERS YOUR PENSION QUESTIONS
- My daughter's firm wants her to put £6k pension pot in Government scheme - should she?
- I enlisted in the Royal Navy and my wife was a full-time mum - what state pension will we get?
- I'm 55, self-employed, disabled and confused by pension paperwork - should I cash in my pot or keep saving?
- A quarter of my £648 monthly pension goes on council tax - how is this fair?
- Can I top up my state pension to get the full £155.65 a week?
- Is it worth saving into a pension while scrimping to get by on £15k a year?
- My online state pension forecast says I'll get just £132.78 a week - is the website faulty?'
- Can I turn a £120-a-month pension into cash to help pay off my mortgage?
- My state pension is just £80.42. Is this right?
- Should I cash in one of my pension pots to get shot of my mortgage? Agony Uncle Steve Webb replies
- House prices fall 1% after Brexit vote as housing market continues to lose steam
- What does the rate cut mean for your investments? The winners and losers from the decision to go even lower
- As a Peugeot 205 GTI sells for record £31k, we ask an expert to predict six future classics you can buy for...
- Final salary pensions black hole grows by £60bn following cut in interest rates
- Why is the Bank of England splashing out £10bn on corporate bonds - and what does it mean for other...
- Drop £5 notes from the sky? How to stop bankers pocketing all the benefits of a rate cut, wonders ALEX...
- Hedge funds betting on a fall in the pound cash in on Carney's £170bn economic pick-me-up
- FTSE LIVE: Footsie holds firm after post-rate cut surge but eases off highs ahead of US July jobs report
- Royal Bank of Scotland racks up £2bn loss as legal and restructuring costs mount up at state-backed lender
- High street retailers to see margins and profits squeezed as sales show no growth despite heavy discounting
- European raid on £300 trillion of City deals: LSE prepares to fight off plot to snatch away euro clearing...
- Star fund manager Neil Woodford sees his investment trust lose 10.8% of its value in first half of the year
- Crackdown on the scourge of whiplash fraudsters, begs boss of insurance giant Aviva
- An interest rate cut without ever managing to rise from 0.5% is a sign of abject failure, says SIMON LAMBERT
- If all electric cars looked like this we'd all want one: Nissan's prototype BladeGlider looks like a dart and is transporting VIPs at the Olympics
- Seven cars we're glad to see the back of: The models more likely to be crushed than become collectible classics
- As a Peugeot 205 GTI sells for record £31k, we ask an expert to predict six future classics you can buy for a snip today
- Brexit bazooka: Bank of England cuts interest rates to record low of 0.25% and puts £170bn behind emergency cash for financial system
- Will your mortgage rate be cut? Bank slashes rates BUT lenders can refuse to help borrowers and pocket the profit - we reveal who has passed it on
- Savings rates have already crashed at big banks and building societies - so does the BoE cut mean more misery?
- FTSE CLOSE: London's financial houses soar on fresh QE injection, but the pound nosedives as Bank of England cuts rates
- MARKET REPORT: Sausage skin maker Devro looses its sizzle as revenue and pre-tax profit turn flat
- Aston Martin's gorgeous new 200mph DB11 is here, RAY MASSEY beats Bond to the punch to drive it
- 'I worked at RBS during the financial crisis - and sales pressure is now ten times worse': Dozens more whistleblowers step forward to tell of bank misery
- DIRECTOR'S DEALS: Marc Dunoyer, 64 CFO at AstraZeneca snaps up 43,730 shares for £2.2m
- An interest rate cut without ever managing to rise from 0.5% is a sign of abject failure, says SIMON LAMBERT
- I got a new car on finance but the dealer mistakenly ordered a £3k more expensive spec - now it wants £250 extra at the end
- Will Brexit force British expats to return to the UK? We meet the Costa pensioners determined not to let the EU vote ruin their retirement
- Hedge funds betting on a fall in the pound cash in on Carney's £170bn economic pick-me-up
- MOST READ IN DETAIL
START-UP SECRETS
- Jacqueline Gold's: I defied a board who said women didn't care about sex
- Apprentice winner Joseph Valente: 'People have to like you to back your idea'
- Dawn O'Porter: 'I had to make people understand I was not just some floozy off the telly'
- Former Dragon Hilary Devey: 'The bank manager was a misogynist, frankly. He patted me on the head, said I had no chance':
- Sarah Willingham: 'For a Dragon, it's about the individual more than the business'
- Charles Tyrwhitt'sNick Wheeler: 'I founded it with £100k profit from selling an Aston Martin'
- Aldo Zilli: 'My restaurant business wouldn't be standing if it weren't for Wham'
- Pimlico Plumbers' Charlie Mullins: 'Borrowing from the bank almost sent me bust'
- Sarah Beeny: 'You need to look for the next big thing, not the thing that's big now':
- City Superwoman Nicola Horlick: 'The one-word answer that would make me hire you'
MIDAS SHARE TIPS
- MIDAS SHARE TIPS: Online retailer Asos is firmly back in fashion as it seems set for more increases in its share price
- MIDAS SHARE TIPS: Equiniti was the Government's paymaster in 1836 and still provides vital services to some of the UK's biggest organisations
- MIDAS SHARE TIPS UPDATE: Sterling's slide after Brexit vote makes life so sweet for our tip Tate & Lyle
- MIDAS SHARE TIPS: Miners are out...now we're looking for gold at Marks & Spencer in our Dogs of the Footsie
- MIDAS SHARE TIPS: From obesity to hair-loss... US firm PureTech turning concept into cure
- MIDAS SHARE TIPS UPDATE: Our tip Centamin doubles on back of soaring gold price
- MIDAS SHARE TIPS: Joules, CVS Group and Burford Capital are a tempting trio well turned out for storms ahead
- MIDAS SHARE TIPS: EU exit means volatile markets - but it's too soon to call winners and losers
- MIDAS BREXIT UPDATE: Even if stocks are crashing, now is not the time to sell as it is hard to predict the way shares will react
- MIDAS SHARE TIPS: Get a foot in the door as Belovir Lettings group - founded by a former RAF Wing Commander - takes off
FUND AND TRUST IDEAS
- LAZARD WORLD TRUST: Manager Kun Deng always does his shopping in the discount aisle
- JP MORGAN CLAVERHOUSE: Fizzing mixer drinks maker Fever-Tree gives FTSE fund added sparkle
- ROYAL LONDON GLOBAL HIGH YIELD BOND: Children's favourite Peppa Pig helps to spice up 'boring' bond market
- MID WYND INTERNATIONAL: Artemis manager Simon Edelsten seeks out the elephants that CAN dance
- SCHRODER RECOVERY: Fund manager Kevin Murphy looks for value, piles in, waits and reaps rewards
- MURRAY INTERNATIONAL: The trust that bucked the trend after Brexit...with a Mexican wave
- MAN GLG UK INCOME: Henry's the Man as he shuns the 'white noise' of EU vote
- PERPETUAL INCOME & GROWTH INVESTMENT TRUST: Political upheaval 'potential threat to stock markets'
- CITY OF LONDON INVESTMENT TRUST: The dividend hero still going strong after 50 years of rising payouts
- INVESTMENT TRUST OF THE WEEK: Fidelity European Values is a bet on recovery for Europe's biggest companies
- TROJAN GLOBAL EQUITY: 'Forget about Trump, we'll all still be buying toothpaste' says fund manager
- BATTLE AGAINST CANCER INVESTMENT TRUST: Charitable trust that combines making money with saving lives
- MAN GLG CONTINENTAL EUROPEAN GROWTH: Survivor Powe shows he's still the Man as fund returns growth of 40%
- BLACKROCK SMALLER COMPANIES: Brighton rocks for the trust that likes to think small
Latest: Mortgages & home
- Will your mortgage rate be cut? Bank slashes rates BUT lenders can refuse to help borrowers and pocket the profit - we reveal who has passed it on
- House prices fall 1% after Brexit vote as housing market continues to lose steam
- What next for mortgage rates: Bank of England slashes base rate in a bid to boost economy but will homeowners see their mortgage rates fall?
- Interest rates: Rate rise / fall calculator
- Couple win £7,000 victory over faulty timeshare escape contract following 18-month legal battle
- Ninety-year-old widow faces sickening £177k bill to repay a £22k mortgage - but Barclays insists its 690% profit is fair
- 'My home is my pension': Britain's wealth is locked into property, forcing people to sell-up or release equity to pay for retirement
- Want to extend your home? As homeowners opt to stay put, how to get YOUR grand design past the planners
- 'No job, not a problem': Mortgage lender targets the unemployed in a bid to bring back sub-prime 'liar loans'
Latest from Saving & banking
- Savings rates have already crashed at big banks and building societies - so does the BoE cut mean more misery?
- Massive blow to millions of Santander 123 customers as it plots to slash rate on Britain's favourite current account
- 'I worked at RBS during the financial crisis - and sales pressure is now ten times worse': Dozens more whistleblowers step forward to tell of bank misery
- Rate trap awaits savers who rush to grab variable deals as big banks jump the gun on Bank of England announcement
- Double your rate to 2.5% if Manchester United win the league with Virgin Money savings account - or look to small banks for top fixed bonds
- Banks finally launch initiatives to help improve their services for deaf and blind customers
- Interest rate cut would give banks yet 'another excuse to cut savings deals', savings expert warns
- Santander edges closer to Williams & Glyn deal which would see the Spanish-owned bank snap up the RBS spin-off and its 300 branches
- The BIG FREEZE: As interest rates for savers plunge – to zero for some – we look at how to find the best deals
- Looking for a better bank? This is Money's five of the best current accounts
ANSWERS FROM THE Experts
- I got a new car on finance but the dealer mistakenly ordered a £3k more expensive spec - now it wants £250 extra at the end
- ASK TONY: My wife's cancer stopped us going on holiday for our 44th anniversary - but insurer won't pay
- TONY HETHERINGTON: The FedEx Fitbit saga... and how shipping firms slap on charges for collecting tax
- I saw £30k knocked off the value of my house after Brexit and now I'm stuck paying a higher mortgage rate
- ASK TONY: Extra Energy kept my £300 for six months after I switched to British Gas. How do I get it back?
- I'm about to take a 12-month maternity cover job but will lenders refuse me a mortgage due to my temporary contract?
- TONY HETHERINGTON: Four fake students - with a first-class degree in deception
- I've decided to move back to Italy after Brexit, can I claim back my tax and pension contributions?
- ASK TONY: Virgin charged me £355 for a TiVo box I never had - but they refuse to believe me and won't refund my cash
- TONY HETHERINGTON: I ordered something from the US but FedEx demanded I pay the import tax and VAT - which came to more than the item cost
Latest from Holidays
- Are you locked into the exchange rate when you reserve a hotel on Booking.com or at the mercy of forex fluctuations until you check out?
- Top destinations for flight bargains revealed: Cost of flying to some holiday favourites has plummeted by more than half
- I paid for a package holiday and car hire with Thomson but was stranded at the airport when it failed to book the car. Now it's refusing a refund
- How to make your holiday money go further this summer: The best ways to make purchases and exchange your money
- As Turkey's attempted coup and the collapse of Lowcostholidays throw tourists' plans into turmoil... what can YOU do if your holiday's hit by disaster?
- Holidaymakers left out of pocket after Lowcostholidays collapse: What to do next and how to stay safe when booking a trip
- Britain prepares for tourism boom as the falling pound makes the UK great value for overseas visitors
- Britons set to spend up to 50% more on food and drinks on the continent after the pound's plunge against the euro
- How car hire firms take you for a ride: We head to Spain to identify all the sneaky rip-offs you need to beware
Currency | Rate | Buy now |
---|---|---|
Updated 05 Aug 2016. | ||
Euro | 1.1552 | Buy Now |
US Dollar | 1.2867 | Buy Now |
Australian Dollar | 1.67 | Buy Now |
Canadian Dollar | 1.6713 | Buy Now |
Chinese Yuan | 8.3576 | Buy Now |
Croatian Kuna | 8.5069 | Buy Now |
Czech Koruna | 30.937 | Buy Now |
Danish Krone | 8.4937 | Buy Now |
Egyptian Pound | 10.144 | Buy Now |
Hong Kong Dollar | 9.8558 | Buy Now |
Hungarian Forint | 352.8 | Buy Now |
Icelandic Króna | 146.27 | Buy Now |
Israeli New Shekel | 4.7985 | Buy Now |
Japanese Yen | 129.9 | Buy Now |
Malaysian Ringgit | 6.2624 | Buy Now |
Mexican Peso | 23.89 | Buy Now |
New Turkish Lire | 3.78 | Buy Now |
New Zealand Dollar | 1.7605 | Buy Now |
Norwegian Krone | 10.683 | Buy Now |
Polish Zloty | 4.8521 | Buy Now |
Singapore Dollar | 1.7062 | Buy Now |
South African Rand | 17.291 | Buy Now |
Sterling | 1.0 | Buy Now |
Swedish Krona | 10.832 | Buy Now |
Swiss Franc | 1.2421 | Buy Now |
Thai Baht | 43.835 | Buy Now |
UAE Dirham | 4.675 | Buy Now |
LATEST ON HOUSEHOLD Bills
- Does Ofgem's energy shake-up go far enough? We break down what its proposals are and what they could mean for bills
- Beware the copycat websites ripping off drivers trying to renew their licences
- Energy, broadband, mobiles, insurance... Why do firms make it so infuriatingly difficult to cancel contracts?
- Get up to speed on broadband: Tips to find the best deal and improve your internet connection
- Don’t let opportunistic crooks set your festival on a low note: Here's our guide to worry-free concert going
- Half a million households run risk of £1k fine due to TV licence changes that will mean you need one to watch BBC iPlayer
- Don't be fooled: Beware cold-calling crooks selling seemingly fantastic cheap mobile phone upgrades
- HMRC gives back snatched £1.6m charity donations to causes givers chose to support
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THE INVESTING SHOW
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Latest: money and Cars
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Latest from Markets
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TOP CALCULATORS
- This is Money's calculators and tools All our calculators in one place. See how they could help you
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