Sterling, already languishing after the Brexit vote, took a fresh battering late last week, and economists warn that the falling pound could lead to inflation soaring to 3 per cent or higher next year. With pay rises averaging just 2.3 per cent a year, the higher prices would mean a cut in earnings in real terms.
Bank accounts are closed by 'kangaroo courts', says TONY HETHERINGTON as another customer is evicted without explanation
I saw your article about Barclays dumping a client who had £94,000 in his account - apparently for reasons involving alleged money laundering - and thought the guy was probably innocent. I have had similar treatment. I am an independent financial adviser, so have to be whiter than white, but my bank, HSBC, does not listen and appears not to care. Being entrepreneurial, I bought four properties in the US several years ago for a total of £200,000.
DON'T MISS
- SUNDAY NEWSPAPER SHARE TIPS Every week we round up the weekend share tips. This week: Jimmy Choo, OptiBiotix, Sky and Provident Financial
- Banksy has turned spray painting into an art form worth a fortune What to watch out for when investing in art
- SIMON WATKINS Blame the Brexit vote, not a clumsy trader, for the falling pound
- Confused about 'hard' and 'soft' Brexit, the Norway model and the Swiss solution? This handy table explains the options for the UK's exit from the EU
- JEFF PRESTRIDGE Stand up for Britain's savers, Mr Hammond
- Half a million workers could top up their state pension at 'bargain basement' rates Workers who miss years of contributions can make voluntary payments
- EVENLODE INCOME How two Wise men turned £1m into £1BN in just seven years
- Pound sinks again after suffering mystery 'flash crash' when it appeared to drop 10% in seconds before rogue trade was cancelled
- SMALL BUSINESS SUCCESS! Former City worker who launched a tie business after he was made redundant expects sales to reach £1m next year
- Hard-pressed savers could get state-backed high interest rates accounts, hints PM Return of pensioner bonds?
- REVEALED: The most and least affordable places in the UK to buy a home - as average house price comes to more than six times earnings
- Chancellor endorses Carney but admits savers ostracised by super-low rates must be 'won back'
- MIDAS SHARE TIPS As the markets totter, luxury footwear brand Jimmy Choo is on a sound footing
- Buy-to-let mortgage tax relief battle backed by Cherie Blair hits the skids Court refuses full judicial review.
- House prices holding steady since Brexit vote But property inflation is tipped to tail off in soft market, says Halifax.
BUSINESS & MARKETS
MIDAS SHARE TIPS: As the markets totter, luxury footwear brand Jimmy Choo is on a sound footing
The luxury footwear maker appears to be weathering the unease in consumer markets. It is still one of the fastest growing luxury brands in the world and, crucially for UK investors, this London-listed fashion name is set to benefit hugely from the slump in the value of the pound. In the first half of this year, the company announced global revenues were up 3.8 per cent on the same period last year on a constant currency basis. This means applying the same exchange rate for the two periods. On a reported currency basis, which shows the effect of currency changes, revenues rose 9.2 per cent.
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
Banksy has turned spray painting into an art form worth a fortune - what to watch out for when investing in art
On Wednesday the London-based Forum Auctions will be auctioning off more than 40 original Banksy prints - expected to sell for between £1,000 and £70,000 each. These prints are limited edition copies made by Banksy of his graffiti wall art. One of the most iconic is Girl With Balloon and it has an estimated sales value of between £50,000 and £70,000. When first produced in 2004 these signed prints were available for £150.
Confused about 'hard' and 'soft' Brexit, the Norway model and the Swiss solution? This handy table explains the options for the UK's exit from the EU
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.
'If I have money, I always buy property' says Loose Women's Saira Khan who went from a modest upbringing to being paid over £100k for Celebrity Big Brother
Loose Women star Saira Khan earned more than £100,000 for spending just 12 days in the Celebrity Big Brother house - but takes great pride in wearing £14 dresses from charity shops on a night out at the opera. Khan, 46, shot to fame when she took part in the first ever series of reality TV show The Apprentice, which returned to our screens last Thursday for the 12th time. Although she did not win, Lord Sugar was so impressed he gave her a job with a six-figure salary.
Investing Show: Banks are suffering but they're good value in an expensive market, says Richard Buxton
Investors need to be bold to hold banks right now, but experienced fund manager Richard Buxton is sticking to his guns. He reveals why he is looking for value, as defensive stocks look expensive. And with the stock market soaring even as the pound has taken a beating, he explains what's going on and why that means big blue-chip dollar earners could make a good buy.
Pound sinks again after suffering mystery 'flash crash' when it appeared to drop 10% in seconds before rogue trade was cancelled
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.
From woodburners and rugs to wool curtains and solar panels: 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.
Buy-to-let mortgage tax relief battle backed by Cherie Blair hits the skids as court refuses full judicial review
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.
MINOR INVESTOR: If the pound keeps falling the FTSE 100 could hit 7,700, says Richard Buxton - crazy as that may sound
'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.
A bakery for dogs? Four Legged Fancies' canine confections are going down a treat with pet lovers and winning 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.
MORE BUSINESS & MARKETS NEWS
YOUR MONEY ESSENTIALS
INVESTMENT CLINIC: I've inherited £50,000. Should I use it to overpay on my mortgage or to start investing?
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.
Why you can't trust Google when renewing your driving licence... or applying for a holiday visa
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.
Want a slice of your nest egg to pay debts? No can do, says man from the Pru as insurer stalls people using pension freedoms
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.
The salesmen offering 40% returns on burial plots: As banks slash their rates, savers are being tempted by exotic deals... but can any be trusted?
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).
Buy-to-let lenders are cracking down: Should I remortgage my properties early to escape being hit?
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 ultimate Chelsea tractor: Limited edition £250,000 Range Rover has an interior emblazoned with London's most iconic 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.
What's it like to live in... Reading: Why this Berkshire town on the Thames is more than just a commuter haven
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.
'I bought property, the stock market is for mugs,' says Richard E. Grant as he talks perfume, foreign aid, borrowing money and starring in Withnail & I
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.
On your marks, get set, go! As carmakers continue to play Top Trumps, we reveal the 10 fastest accelerating cars you can buy in the world right 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
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The everyday supercar? We test the Porsche 911 Turbo
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Renault unveils their utterly breathtaking concept car TREZOR
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BMW Concept X2 makes it's world Premiere at Paris Motor Show
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Stunning reveal trailer of the new Mercedes-AMG GT C Roadster
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Ferrari revealed the absolutely beautiful 'LaFerrari Aperta'
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The beautiful Skoda Kodiaq premiere at Paris Motor Show 2016
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Introducing the new Suzuki IGNIS, promising to ignite your senses
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Revealing the more versatile second generation of the Audi Q5
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Unveiling the Citroën C3: The new Citroën offensive
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Volkswagen presents the I.D. electric car concept in Paris
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A tour of the new Mercedes-Benz Generation EQ showcar
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New Land Rover Discovery revealed on huge lego structure
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How Honda will build the new high-tech Civic in the UK
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The Harley-Davidson Forty-Eight put to the test
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Motorway middle-lane hogging explored in Confused.com film
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Take a sneak peek at the Aston Martin V12 Vantage S Coupe
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The new Porsche Panamera turns heads with split rear wing
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Style and space with all-new Kia Optima Sportswagon
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Exhibiting the Jaguar D-Type: 24 hours of Le Mans Champion
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Shelby Cobra CSX 2000: 'The shot heard round the world'
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Chris Hoy is back on two wheels but this time doing car stunts
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How a 1920s RAF base was transformed into a classic car hub
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Behind the scenes on what goes into making the LEGO Ford GT
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The original Peugeot 205 GTI advert from the 1980s
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Nissan disclose new BladeGlider electric sports car prototype
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Introducing the Car Park Hotel: A luxury stay for your car
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Jaguar Land Rover reveal what's inside it's 'world-class' HQ
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The new limited edition Vanquish Zagato, from Aston Martin
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Bentley uses NASA-derived tech to snap car from 700m away
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Fast and furious: Jaguar release F-Type SVR 200mph monster
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Land Rover stunt sees car haul a 100-tonne train for six miles
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How good is the Ford Mustang V8? We put it to the test
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New fuel: Honda cracks down pollution with fuel cell car
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What's it like to drive a Ford Capri 280?
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Take a look at the sleek new Audi TT RS Coupé and Roadster
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What's it like to design and collect a Rolls-Royce?
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Make it sparkle: Cleaning tips on how to prepare your car
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Take a look at the new Volkswagen Tiguan in action
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The new Jaguar F-Pace Diesel R-Sport in Italian racing red
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Mazda MX-5 RF features Transformer-like folding roof design
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Behind the wheel of the new Rolls-Royce Dawn
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Take a look at the new 200mph F-Type SVR Jaguar in action
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Hexagon show off iconic classic cars to promote showroom move
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The big reveal: How owners first see their new Rolls-Royce
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Sir Stirling Moss takes his Renault Twizy for a spin!
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Papa don't teach! Driving can come at a pulsating cost
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Near miss as Tesla autopilot tries to swerve into another car
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Sebastian Vettel paid Renault a visit to test drive the Twizy
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Land Rover completes world's first drive across PAPER bridge
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Can the Renault Kadjar compete with the Nissan Qashqai?
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British artist's full scale replica of the Nissan Juke
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Built for Bond: The Aston Martin DB10 for new film Spectre
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Red Ferrari 250GT SWB sells fir £6,600,000 at auction
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Tesla unveil radical Model X crossover with 'falcon wing doors'
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The Colton Collection Ferraris take to the country's roads
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Introducing the new Rolls Royce Dawn convertible
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Harry Kane tackles John Barnes in the 'Unbelievable' challenge
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.
When will interest rates move? Rates could still be cut to 0.1% before the end of the year, economist suggests
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: Should you fix now at record low 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: 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
Guides and tools
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Quick, easy - compare and buy today
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easyProperty.com
Find tenants - from £9.99
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 | 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 |
MOST READ MONEY
- Holidaymakers get less than one euro to the pound at airport currency desks Sterling continues to suffer.
- Five things you need to know before buying a chalet in Europe 'Choose a ski resort that's attracting millennials'
- Four Legged Fancies' canine confections are going down a treat with pet lovers and winning celebrity fans A bakery for dogs?
- If the pound keeps falling the FTSE 100 could hit 7,700, says Richard Buxton - crazy as that may sound Minor Investor column
- Hydrotherapy for dogs and acupuncture for cats: Cost of insurance shoots up 9% to cover posh pet therapies
- If it's good enough for Neil Woodford... peer-to-peer trusts can yield up to 10% But are they worth the risk?
- Atom Bank opens its doors to all savers with two best-buy deals But fixed rates have been cut
- The entire Royal Crescent in London is up for sale - with 20 homes up to £20MILLION each
- Best yielding stocks in FTSE 100 look too good to last How dividend cover is wearing thin for the big payers.
- I've inherited £50,000. Should I use it to overpay on my mortgage or to start investing? INVESTMENT CLINIC.
- Santander scraps popular 123 credit card for new customers replacing it with three other deals
- Sterling slides to 31-year low against the dollar and five-year low versus euro as fears of a 'Hard Brexit' grow
- Travel insurance catch left widow with £2,500 bill after her husband died of altitude sickness on dream holiday in Peru
- Why you can't trust Google when renewing your driving licence... or applying for a holiday visa
- The salesmen offering 40% returns on burial plots As banks slash their rates, savers are being tempted by exotic deals... but can any be trusted?
- First Aviva messes up my pension, then says I should work till 65! And now they won't call me back ASK TONY.
- My ex-husband remarried but then died without making a new will, so is his old one with me in it still valid?
- Want a slice of your nest egg to pay debts? No can do, says man from the Pru Savers who want to access pension pot must pay for financial adviser.
- More misery for savers as Halifax and Lloyds become the latest to slash rates on easy-access and cash Isas to 0.05%
- New Churchill fiver sells for £4,150 at a Bank of England charity auction... - that's inflation of 82,900%!
- Market Harborough Building Society's new deals on landlord lets to close family members
- Savings crisis: Less than one in three feel they are on track to achieve the level of retirement income they need
- DAN HYDE: Travel insurers really can be a cynical bunch.... so beware the traps they set
- Buy-to-let lenders are cracking down: Should I remortgage my properties early to escape being hit?
- As Help to Buy draws to a close, we reveal where and how you can still get a 95% mortgage Switching off the life support.
- Unique £250,000 Range Rover has an interior emblazoned with London's most iconic landmarks The ultimate Chelsea tractor.
- What no sausage rolls? Greggs profits from healthier salads and yoghurts
- Companies could take more than 20 years to cancel out their pension deficits Brexit hits bond yields
- What's it like to live in... Reading Why this town on the Thames is more than just a commuter haven
- Energy challenger First Utility sees profits plunge 84% Despite increasing customer numbers by a quarter
- TalkTalk scrap separate line rental charge And offer loyal customers same deals as new ones and
- Veteran fund manager Andrew Cole: There would be upsides to a Trump presidency And investors need to work out how to profit
- How the Cleggs are making a fortune: He makes £7k an hour for public speaking. She's paid £500k to advise on EU trade Post Brexit earners
- Would you like an expert's help with your investments and savings? Get ideas in our Money Pit Stop
- On your marks, get set, go! We reveal the 10 fastest accelerating cars you can buy in the world right now Carmakers continue to play Top Trumps,
- 'I bought property, the stock market is for mugs,' says Richard E. Grant The star talks perfume, foreign aid and borrowing money.
- My premium bond wins are missing, can you help? TONY HETHERINGTON
- From hordes of hornets to toxic caterpillars, pests can wreak havoc, here's how to eliminate the menace from your home Bug busters
- Clampdown on whiplash claims has saved insurers £1bn... - but car owners are still feeling the pain as premiums RISE.
- If you've bought cover through a car dealer, travel agent or shop, it's time to check up Beware the insurance middlemen
- Do you have an old Beano? Then you have an investment that could be worth £20k
- There are no music stars fit to follow the Stones: Music industry legend Harvey Goldsmith Why he's angry with ticket resellers
- Should you ditch a property fund that locked away your cash? The three choices investors must consider.
- I want to buy a patch of my neighbour's garden which is taking a chunk out of my land - how do I go about it and how much do I offer? Property clinic
- I want to sell my annuity for cash - how do I get the best deal? Agony Uncle Steve Webb replies
- A nation of reluctant renters? UK has the biggest 'happiness gap' in Europe between home owners and those who rent
- Is it time for regulation of Airbnb lettings? Legal issues, noise complaints and damage to property could see backlash against rental free-for-all
- THESE are the 10 real-world cars you should be excited about Paris Motor Show 2016: Forget the million-pound Ferraris and outlandish concepts...
- Property values in 'silicon hubs' of Cambridge, Reading and Oxford soar in last five years It's technically a house price boom.
- Should investors worry about the US election, banks and a 'hard Brexit'? Investing Show.
- MS sufferer battles for 18 months to draw early pension before ex-employer Premier Foods heeds her pleas for help
- UK house price growth continues to slow as property shortage is cushioned by lower demand Nationwide survey.
STEVE WEBB ANSWERS YOUR PENSION QUESTIONS
- Why am I doubled-taxed with National Insurance when I worked and then income tax on my state pension?
- Government should stop assuming savers are earning 'unrealistic' interest rates like 6.9% when assessing benefits, says ex-Pensions Minister Steve Webb
- I'm in ill health but not claiming benefits - can I get NI credits towards a state pension?
- Should I cash in one of my pension pots to get shot of my mortgage?
- 'Triple lock' rises in the state pension will favour people getting new flat rate - how is this fair?
- The big squeeze: Britons face a cut in real wages as collapsing pound could send inflation soaring to 3%...
- Deliveries hit the Big Four supermarkets for £500m as 'they lose £5 to £7 on every online order'
- Fined for a slip of the finger? How to appeal if you are given a parking ticket for putting the wrong number...
- Bank accounts are closed by 'kangaroo courts' says TONY HETHERINGTON as another customer is evicted without...
- Phone users to save £48m a year as mobile giants agree to stop charging fees to unlock handsets
- 'Charges by Vodafone destroyed my credit rating': All you need to know about your credit file before it's...
- Hard Brexit will do ‘serious and lasting damage to the UK economy' say business leaders
- Card firms are putting YOU at risk online as they scale back verification systems to avoid missing out on...
- MIDAS SHARE TIPS: As the markets totter, luxury footwear brand Jimmy Choo is on a sound footing
- Farm group Bernard Matthews becomes new focus of MPs' pensions probe after Boparan's takeover
- William Hill in £4.5bn talks to merge with Canada’s online gambling business Amaya
- Former City worker who launched a tie business after he was made redundant expects sales to reach £1m next...
- Welsh steel industry gets £20m windfall as Wales hands out business rate tax cut immediately
- Sky to report first-quarter figures amid rumours that Murdoch's 21st Century Fox may put in a bid for the...
- Banksy has turned spray painting into an art form worth a fortune - what to watch out for when investing in...
- Confused about 'hard' and 'soft' Brexit, the Norway model and the Swiss solution? This handy table explains the options for the UK's exit from the EU
- Bank accounts are closed by 'kangaroo courts' says TONY HETHERINGTON as another customer is evicted without explanation
- The big squeeze: Britons face a cut in real wages as collapsing pound could send inflation soaring to 3% next year
- Banksy has turned spray painting into an art form worth a fortune - what to watch out for when investing in art
- Card firms are putting YOU at risk online as they scale back verification systems to avoid missing out on sales
- 'If I have money, I always buy property' says Loose Women’s Saira Khan who went from a modest upbringing to being paid over £100k for Celebrity Big Brother
- The cheapest travel destinations revealed... and why where you fly from and what day you book can affect the cost of your holiday
- Deliveries hit the Big Four supermarkets for £500m as 'they lose £5 to £7 on every online order'
- 'Charges by Vodafone destroyed my credit rating': All you need to know about your credit file before it's too late
- Former City worker who launched a tie business after he was made redundant expects sales to reach £1m next year
- Why did I have to pay tax on my £10,000 savings bond? TONY HETHERINGTON replies
- Half a million workers could top up their state pension at 'bargain basement' rates
- Hard Brexit will do ‘serious and lasting damage to the UK economy' say business leaders
- Fined for a slip of the finger? How to appeal if you are given a parking ticket for putting the wrong number plate
- Sky to report first-quarter figures amid rumours that Murdoch's 21st Century Fox may put in a bid for the company
- 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: Wind blows in right direction for renewable energy supplier Good Energy
- MIDAS SHARE TIPS UPDATE: Strong performance from sports supplement firm SiS... but shares still need a boost
- MIDAS SHARE TIPS: Franchise Brands boss is hoping to repeat the Domino's effect
- MIDAS SHARE TIPS UPDATE: Hummingbird may start to sing after it snaps up Mali mine
- MIDAS SHARE TIPS: Biotech group Redx Pharma shares are in doldrums but could soar as new drugs come on stream
- MIDAS SHARE TIPS UPDATE Still a smart bet...uniform provider Johnson is up by 438% since we tipped it in 2010
- MIDAS SHARE TIPS: Ad veteran aims for £100m revenues at digital start-up Be Heard Group
- MIDAS SHARE TIPS UPDATE: Shares are on march at our infrastructure tip Hill & Smith as interim profits soar 28%
- MIDAS SHARE TIPS UPDATE: Gym Group is fighting fit
- MIDAS SHARE TIPS: Pregnancy kit maker Concepta passes all the tests
FUND AND TRUST IDEAS
- THREADNEEDLE UK PROPERTY: Fund re-opens after post-Brexit alarm subsides
- HERMES GLOBAL EMERGING MARKETS: Growth before location, that's the drill for emerging markets
- JUPITER ABSOLUTE RETURN: If a firm's in the soup we'll short it, says boss James Clunie
- MONKS INVESTMENT TRUST: 'I'm disappointed' says fund boss who made 29% profit in a year
- AURORA INVESTMENT TRUST: Will Aurora see a brighter dawn as Mars is left behind?
- INTERNATIONAL BIOTECHNOLOGY TRUST: Doctor, analyst... and grand master at the biotech 'slow game of chess'
- EDINBURGH DRAGON TRUST: Investment trust roars back with 40% gain in six months
- MITON CAUTIOUS MONTHLY INCOME: The fund's tortoise technique to win the race for dividends
- 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
Latest: Mortgages & home
- House prices holding steady since Brexit vote but property inflation is tipped to tail off in soft market
- Estate agents told to raise standards, as Property Ombudsman resolves a third more disputes and three-quarters go in customer's favour
- Switching off the life support: As Help to Buy draws to a close, we reveal where and how you can still get a 95% mortgage
- UK house price growth continues to slow as property shortage is cushioned by lower demand
- It's technically a house price boom: Property values in 'silicon hubs' of Cambridge, Reading and Oxford soar in last five years
- The beginning of the end for Help to Buy: Guarantee for 95% mortgages will close at end of the year after helping 86k buyers on the property ladder
- Mortgage approvals fall by 20% in a year as buy-to-let hangover and Brexit weigh on property market confidence
- Home sellers not buyers should pay stamp duty to help young on to property ladder, says building society
- Revealed: How parents are hit with a £100,000 mortgage penalty for sending their children to nursery
Latest from Saving & banking
- Card firms are putting YOU at risk online as they scale back verification systems to avoid missing out on sales
- Barclays attracts most complaints among big five High Street banks
- New Churchill fiver sells for £4,150 at a Bank of England charity auction - that's inflation of 82,900%!
- Atom Bank opens its doors to all savers with two best-buy deals - but fixed rates have been cut
- How to boost your savings rate to 5%: Beat the cuts with regular savings plans, current accounts and Help To Buy cash Isas
- More misery for savers as Halifax and Lloyds become the latest to slash rates on easy-access and cash Isas to 0.05%
- Our savings picks: This is Money's five favourite best buy cash Isas for 2016
- Looking for a better bank? This is Money's five of the best current accounts
- Why that 2p in your purse could be worth £1,400: The valuable coins that can turn up in your change... and the red herrings to watch out for
- Huge savings black hole revealed: How 17m Britons have less than £100 put away for a rainy day
ANSWERS FROM THE Experts
- Why did I have to pay tax on my £10,000 savings bond? TONY HETHERINGTON replies
- Bank accounts are closed by 'kangaroo courts' says TONY HETHERINGTON as another customer is evicted without explanation
- My ex-husband remarried but then died without making a new will, so is his old one with me in it still valid?
- ASK TONY: First Aviva messes up my pension, then says I should work till 65! And now they won't call me back
- TONY HETHERINGTON: My premium bond wins are missing, can you help?
- What happened to the pension contributions I paid more than 40 years ago? TONY HETHERINGTON replies
- If Belgium can banish ‘binary options’, then why can’t we, asks TONY HETHERINGTON
- ASK TONY: Swindon Council is chasing me for parking fine I thought I'd paid - and the bill is now £422
- ASK TONY: Mystery of the lost £80k in shares as Santander blames 'systems error' for losing retired couple's savings
- I paid £28 a month for years for two bank accounts I didn't need but NatWest won't give me a refund
Latest from Holidays
- The cheapest travel destinations revealed... and why where you fly from and what day you book can affect the cost of your holiday
- Holidaymakers get less than one euro to the pound at airport currency desks as sterling continues to suffer
- Travel insurance catch left widow with £2,500 bill after her husband died of altitude sickness on dream holiday in Peru
- How to get the best (and cheapest) travel insurance
- Holiday protection: How to get your cash back if an airline goes bust and leaves you high and dry
- Can you trust a firm that says it can get rid of your timeshare - for a price? These families did - and regretted it
- 'We should have saved on tax but process was too complex': Buying at duty free? A trip to the high street could be cheaper
- 'I paid £88 for quiet, comfort and a family meal in the airport lounge': Tricks to get a taste of first class travel - on an economy ticket
- How to fight back if your holiday travel turned into a disaster: Train delayed? Flight cancelled? Ferries on strike? Our guide to getting your money back
Currency | Rate | Buy now |
---|---|---|
Updated 09 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 |
LATEST ON HOUSEHOLD Bills
- Phone users to save £48m a year as mobile giants agree to stop charging fees to unlock handsets
- Hydrotherapy for dogs and acupuncture for cats: Cost of insurance shoots up 9% to cover posh pet therapies
- Drivers beat sky-high car insurance by haggling down the price as premiums soar 14% to national average of £788
- Historic inflation calculator: how the value of money has changed since 1900
- Vodafone still worst for complaints as billing problems continue months after promise service would improve
- Energy challenger First Utility sees profits plunge 84% despite increasing customer numbers by a quarter
- TalkTalk to offer loyal customers same deals as new ones and scrap separate line rental charge, as it battles back one year on from major data breach
- Bug busters: From hordes of hornets to toxic caterpillars, pests can wreak havoc, here's how to eliminate the menace from your home
- Beware the insurance middlemen: If you've bought cover through a car dealer, travel agent or shop, it's time to check up
- Extended warranties: Get cheaper cover for your car, van or motorbike
Latest from Cards & loans
- 'Charges by Vodafone destroyed my credit rating': All you need to know about your credit file before it's too late
- Play your cards right: The best credit cards for spending, holidays, rewards or clearing your debts
- Santander scraps popular 123 credit card for new customers replacing it with three other deals
- The best personal loan rates - and how to find the right one for you
- Borrow interest-free for three-and-a-half years! The best balance transfer credit cards to help clear your debts
- One in four millennials resort to credit cards to make ends meet - and 60% don't pay off their bill each month
- The credit card that can spread costs interest-free for 28 months: Tesco Bank offers shoppers market-leading purchase deal
- Barclaycard launches new credit card for travellers wanting to cut those holiday bills
- Borrowing has never been cheaper - but where should you look if you need more than the £7k-£15k 'golden bracket'
Latest from Investing
- SUNDAY NEWSPAPER SHARE TIPS: Jimmy Choo, OptiBiotix, Sky and Provident Financial
- MIDAS TIPS UPDATE: Share price has slimmed down a little - but OptiBiotix's profile is set to expand
- EVENLODE INCOME: How two Wise men turned £1m into £1bn in just seven years
- MIDAS SHARE TIPS: As the markets totter, luxury footwear brand Jimmy Choo is on a sound footing
- Banksy has turned spray painting into an art form worth a fortune - what to watch out for when investing in art
- Investing Show: Banks are suffering but they're good value in an expensive market, says Richard Buxton
- Now you CAN invest in green funds and make a big profit: Ethical stocks need not mean pitiful returns
- MINOR INVESTOR: If the pound keeps falling the FTSE 100 could hit 7,700, says Richard Buxton - crazy as that may sound
- The salesmen offering 40% returns on burial plots: As banks slash their rates, savers are being tempted by exotic deals... but can any be trusted?
THE INVESTING SHOW
- Investing Show: Can investors make money by keeping it simple?
- Investing Show: Rate cuts are pointless but infrastructure is the next opportunity for investors
- Investing Show: The value investor who likes unloved bank and supermarket shares
- Investing Show: Best places to invest around the world to beat Brexit
- Investing Show: Where should you invest and what should you avoid after Brexit?
- Investing Show: What do investors need to worry about after the Brexit vote?
- Investing Show: Five things you need to know about picking shares... and how to cut through the jargon
- Investing Show: Tips to build an investment portfolio - and should we worry about Brexit or deflation?
- Investing Show: Mergers, market crashes and a dividend hero's favourite shares
- Investing Show: Could a smart beta tracker improve your investments?
- Investing Show: How to spot the dividend stars of the future
- Investing Show: Top bank shares and how to pick the best funds
- Investing Show: Tim Price says buy Japan - 'the standout value opportunity'
Latest: money and Cars
- Fined for a slip of the finger? How to appeal if you are given a parking ticket for putting the wrong number plate
- The ultimate auction for Porsche fans: Rare, exotic and dilapidated models spanning 50 years go under the hammer (and there's even a tractor)
- New car registrations hit a record high in September but fewer private buyers bought 66-plate models despite tempting deals
- The ultimate Chelsea tractor: Unique £250,000 Range Rover has an interior emblazoned with London's most iconic landmarks
- London council raises £12m in fines from a single yellow box junction in seven years - but experts say it's not drivers who are at fault
- Police forces make more than £1.6m by scrapping or selling cars seized from uninsured drivers in first six months of 2016
- Land Rover Discovery Lego Tower Bridge stunt is the eye-catching launch of the year: RAY MASSEY rounds up action from the 2016 Paris Motor Show
- On your marks, get set, go! As carmakers continue to play Top Trumps, we reveal the 10 fastest accelerating cars you can buy in the world right now
- Clampdown on whiplash claims has saved insurers £1bn - but car owners are still feeling the pain as premiums RISE
- Paris Motor Show 2016: Forget the million-pound Ferraris and outlandish concepts... THESE are the 10 real-world cars you should be excited about
Latest from Markets
- Sky to report first-quarter figures amid rumours that Murdoch's 21st Century Fox may put in a bid for the company
- William Hill in £4.5bn talks to merge with Canada’s online gambling business Amaya
- UK's biggest bookmaker William Hill in talks with Canadian rival to create £4.7bn gambling behemoth
- MARKET REPORT: Investors in bookies out of luck as talk of a ban on TV advertising sends shares tumbling
- FTSE CLOSE: London shares finish above 7,000 as pound slips after 'flash crash'
- ALEX BRUMMER: Pound set for dollar parity as the Bank and the Federal Reserve move in opposite directions
- EUROPEAN ASSETS TRUST: A bet on the best small firms on the continent
- The pound flash crash cost Sports Direct £35m in profits with robot traders blamed for the plunge
- Industrial supplies firm Brammer dives 30% after issuing a profit warning and scrapping dividend
- Cheap knock-offs can't stop Weetabix sales as the Chinese-owned cereal continues to be the best-selling brand
TOP CALCULATORS
- This is Money's calculators and tools All our calculators in one place. See how they could help you
- Historic inflation: how the value of money has changed The effects of inflation since 1900 and what past prices mean today
- True cost mortgage tool - rates AND fees Compare the cost of rival fixed and tracker rate mortgages
- Mortgage affordability: How much you can borrow Find out how much you can afford to borrow and the difference between repayment and interest-only
- Monthly or lump sum savings calculator How much a regular monthly savings scheme could make or a lump sum could be worth.