Half a million workers could top up their state pension at 'bargain basement' rates

Over half a million workers who retire before pension age could get a boost to their state pension in exchange for a relatively small sum of money, according to analysis. Workers who miss years of contributions because they can retire before their state pension age - such as teachers, nurses, local government workers and civil servants - can make voluntary payments for each of those years and generate a return of around 30 per cent, former pensions minister Steve Webb said.

Investors need to be bold to hold banks right now, but experienced fund manager Richard Buxton is sticking to his guns.

Handy Brexit table explains the options for the UK's exit from the EU

NEW Despite endless media coverage of the political wrangling and financial speculation, the average Briton can be forgiven for remaining confused about what 'soft' and 'hard' Brexit really mean. About the difference between the 'Norway model' for the UK's post-Brexit relationship with the UK and the 'Swiss solution'. But a clever table put together by HSBC in a report called 'Is Brexit Getting Harder?' cleaves some clarity from the murk.

The day you go on holiday, and where you go, can have a big impact on the cost of your trip with Tuesdays being the cheapest day for flying and Sundays the most expensive.

Performance on some ethical or green funds has been diabolical as savers have missed out on some of the stellar from companies which green funds aren't allowed to invest in.

Regional differences mean Burnley in Lancashire is the most affordable place while Westminster in London is the least affordable, the latest research has revealed.

Mrs May hinted in her conference speech on Wednesday that she would introduce policies to help savers after quantitative easing and the interest-rate cut had 'bad side effects'.





Investors in bookies out of luck as talk of a ban on TV advertising sends shares tumbling

The Government is said to be planning a crackdown on the betting industry amid fears a growing number of children see gambling as normal because of adverts - especially during football matches. 'The gambling industry's luck has run out,' is how one minister is reported to have put it. The same applied to investors, with the prospect of an ad ban sending shares in Ladbrokes down 5.8 per cent or 8.2p to 133.6p while William Hill was off 4.3 per cent or 13.1p to 294.6p and Paddy Power Betfair lost 3.4 per cent or 300p to 8490p.

Interest rates in the US are moving up and the betting is that there could be an increase as early as December, particularly if Hillary Clinton wins the election offering a degree of economic continuity.

Anthony Ward, 56, pictured with his wife Carolyn, owns a 40 hectare vineyard in South Africa with the capacity to produce 37,500 gallons of wine.

Stocks in the pan-European firm slumped 37.25p yesterday, to close at 89.5p, after a trading update revealed the company has abandoned a proposed dividend for 2016.

Sterling collapsed 9 per cent against the dollar in seconds shortly after midnight yesterday, falling under $1.15 before immediately bouncing back up.

Manager Sam Cosh chooses from more than 2,000 business to invest in. Some 22 per cent of the trust's assets are in Germany companies, 17 per cent Irish and 14 per cent Italian.

Pound suffers mystery flash crash as it appears to drop 10% in seconds

Traders watched nervously after the sudden plunge in sterling took it to fresh 31-year lows, however, what was believed to be an outlying rogue trade that took the pound down from around $1.26 to $1.1378 was later cancelled. The flash crash was followed by the pound sinking further against the dollar and euro today, in a volatile day's trading.

Hammond said Carney was doing 'a good job' and that he would welcome his decision to serve a full eight-year term if he intended to stay in the top job until 2021.

As the pound continues to suffer from fears over Brexit, the euro rate has crumbled to €0.97 for a pound at the Moneycorp desk at London Southend Airport.

How to minimise heat loss and make your home cosy for the chilly months ahead

Getting your own home in shape requires a dose of creativity. Start with the basics and look at clever ways to minimise heat loss. Getting your own home in shape requires a dose of creativity. Start with the basics and look at clever ways to minimise heat loss. Loose window frames, poor glazing, ill-fitting doors and exposed floorboards are all culprits. Bear in mind that full-length curtains can trap radiator heat when drawn closed, so consider alternatives such as blinds and shorter drapes.

Make sure you take into account our five factors to remember before buying a ski chalet to help ensure you make the most of your investment.

House price inflation is forecast to continue tailing off as the property market softens, with Halifax revealing today that annual gains had slipped to 5.8 per cent.

Buy-to-let mortgage tax relief battle backed by Cherie Blair hits the skids

Landlords campaigning against the hacking back of mortgage tax relief were dealt a bitter blow today. The Administrative Court did not grant permission to proceed with a full judicial review hearing of the legislation in the case led by Cherie Blair, CBE and QC of Omnia Strategy LLP, representing co-claimants Steve Bolton and Chris Cooper.

If you have a penchant for Porsches then this upcoming auction will send you into a frenzy of air-cooled, Targa-topped, flat-six celebration. We've picked our 25 favourites from the sale.

The Financial Conduct Authority said that between January and June complaints to Barclays rose 3 per cent on the second half of 2015 to reach 287,463.

If pound keeps falling FTSE 100 could hit 7,700, says Richard Buxton

'At the moment, to be honest, it's very, very simple, it's all about the currency', said veteran fund manager Richard Buxton when we discussed the Footsie this week - and that means the stock market could keep rising. If sterling goes to 1.15 to the dollar as some are suggesting, he says the current trend could deliver a FTSE 100 at 7,700.

Neil Woodford and Mark Barnett have invested in peer-to-peer, which connects investors with SMEs and consumers who want to borrow. But some trusts are now trading on big discounts.

In an ideal world dividend cover should work out at two times earnings or more, but latest research from shows many FTSE 100 firms have fallen short.

A bakery....for dogs? Four Legged Fancies wins business and celebrity fans

You might not think twice about treating your friends and family to a slice of cake, but would you do the same for your dog? It may sound like an indulgence too far, but Victoria Stent, owner of the Four Legged Fancies bakery for dogs, says a positive message lies behind her canine confections. We found out how she is setting tails and tongues wagging.

Pet insurance policies are evolving and 96 per cent now cover alternative therapies as standard such as acupuncture and hydrotherapy - but this is also driving up prices.

Savers can now open accounts with app-only Atom Bank but the rates are not as high as it first offered earlier in the year.

Hopes that the cheaper pound will boost UK exports dealt a blow as trade deficit widens

The Office for National Statistics said the deficit on trade in goods and services reached £4.7billion in August 2016. While imports increased by £2.6billion, exports only rose by £100million - although optimists would point out that weaker sterling exchange rates might not have had chance to make an impact by then.

Duties ranging between 65.1 per cent and 73.7 per cent for heavy plates of steel and 13.2 per cent and 22.6 per cent for hot-rolled steel will be imposed on Chinese imports.

The firm only has 36.2 per cent support after being outbid by Goldman Sachs and the Canada Pension Plan Investment Board, who are offering £1.1billion.

The breakfast favourite, which is made in Northamptonshire but is owned by Chinese firm Bright Food, continued to be the best-selling brand in the whole grain wheat cereal market.

Guy Brooke, a former director of Dutch telecoms company Cable Plus BV, fled the UK after a litigation funding business which gave him £1m launched legal proceedings against him.

SMALL CAP MOVERS: Summit Therapeutics lifted by US deal

Summit Therapeutics brokered a licensing deal worth more than half a billion dollars with an American firm called Sarepta. It won't receive that cash all at once, but at points during the clinical testing of the firm's potentially breakthrough new drug for Duchenne Muscular Dystrophy, a muscle wasting disease that affects boys. But the week's runaway stock was Nu-Oil, which essentially rose from the dead.

An index representing optimism among UK firms rose to 112.4 in September, after dropping to 105.0 in July and 109.7 in August.

In an unscheduled trading update, the company said it expected its full year earnings to be £285million, compared to the £300million it had originally forecast.

An entire Royal Crescent in London is up for sale - with 20 homes being sold off at prices

A total of 20 separate homes are for sale at The Park Crescent in London, ranging from two to four bedrooms and costing between £3,950,000 and £20million. To mark the occasion, six of the luxury homes have been dressed with art by renowned artists Salvador Dali, Andy Warhol and Damien Hirst.

The card gave 3 per cent cashback on travel spending, 2 per cent at department stores and 1 per cent at supermarkets, up to £3 each month. Existing customers can use the card as normal.

INVESTMENT CLINIC: I've inherited £50,000. Should I use it to overpay on my mortgage or to

The traditional advice when you have a large sum of money is to use it to get rid of any debt. That means credit cards, overdrafts and loans - and it also means mortgages. But many providers will charge you for early repayments, while lower interest rates mean offloading ahead of time is not as important as it was.

Typically, workers saving for a house, wedding or holiday use their bank's standard savings account. But these now pay next to nothing.

Fund managers will be required to breakdown the transaction costs incurred by the workplace pension funds that invest with them, under new proposals.

Why you can’t trust Google when renewing your driving licence

When you search for these services on Google, as many as four of the top entries on the first page of the search results are copycats that imitate official websites. If you click on the links, you are taken to a page that is almost indistinguishable from the real thing. Drivers renewing their licences and holidaymakers applying for travel visas are most at risk.

Small investors who put their faith in Gulf Keystone Petroleum have been huge losers, but a handful of men at the top have been making large sums, they include MP Nadhim Zahawi

For 30 years, Marian and Stephen Mortimer, pictured, had dreamed of visiting Machu Picchu. Stephen died while in South America and his widow was left with a shock bill.

ASK TONY: First Aviva messes up my pension, then says I should work till 65! And now they

I worked for London Transport's computer department. When it was taken over by a private company in 1987, I was given the option of leaving my pension where it was or transferring it out.

The PM's comments risk conflict between Downing Street and the Bank of England an issue which we all thought was settled when the Bank gained is operational independence in 1997.

I'm sure you've noticed that most firms now advertise millions of pounds of cover for unexpected medical bills, knowing full well that the likelihood of your submitting such a large claim is almost nil.

My ex-husband remarried but died without making a new will - who inherits?

My husband and I made joint wills. We are divorced and he remarried three years ago. He has recently passed away and didn't make a will with his new wife. I made no changes to my will and I only have my ex-husband's copy. Is the will valid?

The rate on Lloyds's Instant Saver and Instant Cash Isa will fall from 0.25 per cent to 0.05 per cent from December 8. So will the rate on the Halifax Instant Saver and Instant Isa Saver.

Most lenders do not allow landlords to let their properties to a close family member because they fear it is more difficult to evict a family member who fails to pay rent.

Prudential stalls savers using pension freedom cash to clear debts

Savers with Prudential are only allowed to use new freedoms to dip into their pension pot regularly if they pay to see a financial adviser. Many customers who want a so-called drawdown policy pay for a visit from one of Prudential's own advisers, whom it dubs the 'man from the Pru' and some are blocking clearing debt.

An insight into savers' concerns that they will not have enough money for their pension years, has been revealed in a survey of retirement confidence across the country.

The salesmen offering investors 40% returns on burial plots

Birmingham-based Harley Investments is currently marketing an East London Jewish cemetery as a prime spot for your cash, claiming you'll get 40 per cent returns within just two years. Harley's operation's director Gerard Gordon (inset left) and financial director Patrick Johnson (inset right) are both linked to a number of companies that sold investments in luxury allotment plots on a piece of farm land in Warwickshire (top left).

Should I remortgage my buy-to-lets early to escape mortgage crackdown?

I've just remortgaged one of my buy-to-let properties with The Mortgage Works who told me that far from needing my rent to cover my mortgage by an extra 25 per cent, it now needs to cover it by an extra 45 per cent.  The change really threw me and meant that I ended up putting in extra equity to the property to pull the loan-to-value and rate down.  I have four other buy-to-lets, all of which are due to be remortgaged fairly imminently but I am still in the period where I'll need to pay early repayment charges to remortgage now. 

The Property Ombudsman had to step in and resolve 3,304 complaints against estate agents and letting agents last year, according to its latest annual figures.

Launched in January 2014, the scheme was designed to give a much-needed shot in the arm to mortgage lending to buyers with small deposits. But the bandage is due to come off.

The London Edition £250k Overfinch Range Rover emblazoned with landmarks

Called the London Edition, each of the four Overfinch Range Rovers is detailed with landmarks like The Houses of Parliament, The Shard, London Eye, Gherkin, Tower Bridge and 22 Bishopsgate. It's not cheap, though - in fact, it's more than twice the price of the standard Range Rover Autobiography it's based on.

Forces confirmed they had confiscated in excess of 22,594 vehicles by mid-June, with 2,866 of these being sold at auction for a total of £1.4m.

A yellow box junction camera at Bagley's Lane, pictured, Fulham has pocketed a staggering £2.4m over the last 18 months and 12m in seven years, according to a BBC investigation.

What's it like to live in Reading?

Reading is a commuter haven due to its 30 minute train journey into London. But this south east city offers more than just cheaper house prices than the capital. There is a vibrant River Thames scene, an established shopping centre and excellent schools. It has also become a tech hub outside of London.

Britain's biggest independent energy supplier, which has emerged as the most serious challenge to 'the big six', saw pre-tax profits tumble to £1.7million last year

TalkTalk is to scrap separate line rental charges across all its packages as it looks to revamp its image a year on from the major data breach which rocked the telecoms firm.

'I bought property, the stock market is for mugs,' says Richard E. Grant as the star talks

Hollywood actor Richard E. Grant has never borrowed any money for fear of not being able to pay it back. Grant, who shot to fame in 1987 for his role as Withnail in cult film Withnail & I, says 1988 was the best year of his life financially and he made more money that year than he had ever dreamt possible.

For many investors, it seems that the genuine possibility of a Donald Trump presidential administration in the US is a worrying thought. But could there be a silver lining?

The pro-EU politician and his Europhile Spanish wife - who has just snagged a well-paid post on the board of Swiss bank UBS - are in line to reap enormous personal profit from Brexit.

Get free expert help with your investing, saving and finances in the Money Pit Stop

Wedding pots, retirement income, university fees -  everyone has financial goals they are working towards. Our new column offers you the chance to have your portfolio looked over by experts - who can suggest changes to help realise your ambitions.

Insurers are starting to win the battle against false personal injury claims, including whiplash. But there are questions over whether £1billion in savings are being passed on to honest customers.

The 10 fastest accelerating cars you can buy now

To be the best, you've got to beat the rest. And these 10 cars do just that - not only do they stop the clock from 0 to 60mph in under three seconds, but they also beat every other car on the planet in the benchmark acceleration dash. Clockwise from top left: BAC Mono, Bugatti Chiron, Lamborghini Aventador, Caterham 620R

Should investors worry about the US election, banks and a hard Brexit?

Investors are carefully eyeing up the prospects for the US election, while also worrying about European banks and a 'hard Brexit'. Do they need to be concerned? On the latest Investing Show we take a look at the trends of the past year, the outlook for the future and how to invest for it.

Former Pensions Minister Steve Webb is This Is Money's Agony Uncle. This week, he replies to a reader planning to sell a £25.45 a month annuity when a new market launches next April.

Funds shut their doors at the end of June amid fears the Brexit vote in the EU referendum could cause a property price crash as a flood of panicking savers tried to get their cash out.

Paris Motor Show 2016: 10 real-world cars you should be excited about

Everyone loves a crazy concept vehicle or a bank-busting hypercar, but the reality is these aren't the cars 99% of us will be looking to buy in the next six months. These 10 models, however, are. Top, left to right: Land Rover Discovery, Kia Rio, Citroen C3, Honda Civic, Mercedes AMG GT Roadster, Nissan Micra, BMW X2, Suzuki Ignis, Skoda Kodiaq.

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.

Pensions Road Sign against threatening clouds

We tend to put ambitious targets on our hoped-for income in retirement and then underestimate how much we will need to set aside to achieve that. So how much should you save?

When will UK interest rates rise?

Interest rates were held at 0.25 per cent in September and experts are divided on whether the Bank of England will cut again. Howard Archer, chief UK and European Economist at IHS Markit Global Insight, said: 'At this stage, we believe it is still just about more likely than not that the Bank of England will take interest rates down to 0.10 per cent from 0.25 per cent in November.'

What next for mortgage rates?

The base rate has fallen to a new record low of 0.25% and could be cut again. But what does all of this mean for mortgage rates, which have been steadily falling over the past month to record lows?

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


Partner services

Landlord insurance

Quick, easy - compare and buy today

Find a mortgage

Buy-to-let rates and advice

Boiler cover

Insure your heating system for less


Find tenants - from £9.99

Compare your pay to the UK average across 350 professions

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

October 2016
Prize value Winning bond No. Area
£1,000,000 276AV278339 Essex
£1,000,000 215XY865796 Staffordshire
£100,000 259ZN414297 Dorset
£100,000 141CJ661353 Derbyshire
£100,000 138HB024467 Hampshire and Isle of Wight
£50,000 2VR747799 Greater Manchester
£50,000 241QS845329 Hertfordshire
£50,000 206GW792012 Sheffield
£50,000 103WK587629 Reading
£25,000 92NE335986 Overseas
£25,000 86GW534216 Cheshire West and Chester
More Premium Bonds winners


Tourist rates

Currency Rate Buy now
Updated 08 Oct 2016.
Euro 1.0893 Buy Now
US Dollar 1.2156 Buy Now
Australian Dollar 1.5811 Buy Now
Canadian Dollar 1.5923 Buy Now
Chinese Yuan 7.8917 Buy Now
Croatian Kuna 8.0333 Buy Now
Czech Koruna 29.064 Buy Now
Danish Krone 7.9788 Buy Now
Egyptian Pound 9.5131 Buy Now
Hong Kong Dollar 9.2823 Buy Now
Hungarian Forint 323.78 Buy Now
Icelandic Króna 131.25 Buy Now
Israeli New Shekel 4.459 Buy Now
Japanese Yen 125.17 Buy Now
Malaysian Ringgit 6.2624 Buy Now
Mexican Peso 22.843 Buy Now
New Turkish Lire 3.6615 Buy Now
New Zealand Dollar 1.685 Buy Now
Norwegian Krone 9.6641 Buy Now
Polish Zloty 4.5625 Buy Now
Singapore Dollar 1.6464 Buy Now
South African Rand 16.658 Buy Now
Sterling 1.0 Buy Now
Swedish Krona 10.322 Buy Now
Swiss Franc 1.18 Buy Now
Thai Baht 41.363 Buy Now
UAE Dirham 4.4126 Buy Now

Monthly Or Lump Sum Savings Calculator

Monthly savings plan

Find out how much a regular monthly savings scheme could make me.

Or lump sum investments

Calculate how much a lump sum investment could be worth.


Mortgage Affordability Calculator

Your monthly payment

Enter how much you plan to borrow and find out your monthly bill. Assumes interest calculated annually.

Your total mortgage

Enter the amount you can afford to pay monthly (eg. your current rent) to find out how much you can borrow...

Are you over-stretching

How much of your income goes on your mortgage?