THIS IS MONEY

Tuesday, June 6 2017 Back to Main Site

Money

Money Section:[Markets] [Saving & banking] [Investing] [Bills] [Cars] [Holidays] [Cards & loans] [Pensions] [Mortgages & home] [Experts] [Buy-to-let]

How do I top up to get a full state pension?

If I get extra National Insurance years beyond the 35 figure, will my estimated state pension continue to rise or is it capped at whatever the 35 year total is at? read


New cars go into reverse as diesel sales drop 20%

Private sales dropped by a substantial 14 per cent in May and diesel car sales plummeted 20 per cent compared to a year ago, the Society of Motor Manufacturers and Traders confirmed. read


Google smashes the $1,000 barrier

Google shares have jumped more than 1,900p per cent since they started trading at around $50 each in 2004 (pictured), with the company now worth £535bn. read


How to beat your competitors when buying a home

More than a fifth of sellers would accept an offer that was five per cent lower than the asking price if their buyer was chain free and a mortgage agreed read


Household debt bubble hits £198bn and close to bursting

Spenders in Britain have embarked on a marathon borrowing binge, racking up unsecured debts of £198.4billion on cards, car finance and overdrafts, according to experts. read


HAMISH MCRAE: Open Britain will thrive

Let’s step back. For all the noise of the election and all the anguish over terrorism, one thing will be the same on Friday morning. That will be the state of the world economy. read


Will a smart meter work with my solar panels?

I have solar panels on my home but would like to get a smart meter - is it possible to get one installed? And if so will it record the energy from the solar panels and from my meter? read


Oil tumbles 1% as Qatar bust-up spooks traders

Brent Crude fell more than 1 per cent towards $49 a barrel after six Arab countries including Saudi Arabia, the United Arab Emirates and Egypt severed diplomatic and transport links with Qatar. read


Market Report:London terror attack hits travel and tourism

Leisure stocks also suffered, with theme park operator Merlin Entertainments down 2.4 per cent, while SSP, which runs bars and cafes in airports and train stations, fell 2.2 per cent. read


Nat Rothschild sits on £120m loss as he quits oil firm

Rothschild (pictured with wife Loretta Basey) and former BP boss Tony Hayward set up Genel Energy in 2011 with promises of striking it rich in the oil fields of Iraqi Kurdistan. read


Why Turkish Dominos wants to list in london

DP Eurasia runs 571 restaurants in Turkey, Russia, Azerbaijan and Georgia and is seeking to raise £20m by listing on the London Stock Exchange. read


UK economy picks up pace after slow start to the year

The economy is on course to expand by 0.5 per cent in the second quarter of the year, up from growth of 0.2 per cent in the first quarter, according to a report by IHS Markit. read


DAILY BRIEFING: Redwood Bank appoints chairman

New lender Redwood Bank has appointed David Buckley, from investment firm CIBC World Markets, as chairman, and former senior HSBC financier Nigel Boothroyd as non-executive director. read


BA commissions independent probe into bank holiday fiasco

The airline, which previously said it had embarked on an 'exhaustive' investigation into the disaster, is asking an 'independent company' to examine the computer problems. read


You could be paying £5k a year too much on your mortgage

Millions of homeowners are throwing away as much as £5,000 a year in mortgage interest payments by failing to switch to a cheaper deal. read


People's Trust reveals managers who'll invest over 7 years

The People's Trust, an investment trust to be set up by former Investment Association boss Daniel Godfrey, has revealed managers who will get its unusual seven-year contracts. read


Don't invalidate insurance by not securing a pet in a car

Some drivers risk invalidating their motor policies by letting pets roam free in their vehicles, uSwitch has warned. The HIghway Code dictates that all animals should be suitably restrained. read


Watch this Lego Porsche put through a real-life crash test

What happens when you sling a Porsche 911 RS made entirely from Lego into a wall at 28mph? Absolute carnage. See the collision unfold in this 3-minute clip of a scaled-down crash test. read


Volvo designing self-driving rubbish truck

Volvo Group and Renova are working on a truck that follows the bin man along the street as he goes from house to house, meaning he doesn't need to constantly hop in and out or have a separate driver. read


How do you make £400m from humble tonic water?

The company Warrillow set up with Charles Rolls — called Fever-Tree after the anti-malarial properties of the Cinchona bark — has made them both stupendously rich. read


Shower tip could save you £160 a year on water bills

Here, The Mail on Sunday explores how to cut your water bills and protect a precious resource. read


'I was charged £99 for a club I didn’t know I joined'

I have received a letter from The Rewards Forum advertising money saving offers. The letter says I accepted membership following my Pressplay TV purchase, but I have no knowledge of this. read


It is ok to carrying on using my ex's Netflix account?

Ever since we broke up I've continued using my ex's Netflix and Amazon Prime accounts. I don't think he's noticed so is it ok to carry on until he does? read


Hotels and resorts are battered by Brexit, say bosses

They are calling for the next Government to tackle migration to stop the industry falling off a ‘cliff edge’ as European Union workers desert Britain. read


Corbyn in No 10 'could plunge Britain into a recession'

Analysts at Capital Economics said net debt would be £100billion higher under a Corbyn administration. read


SIMON WATKINS: After fighting talk, the hard choices

For British businesses the poll on Thursday presents one of the least appetising choices in living memory. read


How to avoid getting caught in the credit card trap

Bank of England data shows borrowing on plastic has reached £68billion – a 10 per cent rise in a year. Consumers need to have their wits about them to avoid a nasty repayments shock. read


How to avoid rental car rip-offs and hidden extra charges

While headline prices often seem cheap, hidden costs and dubious extras bump up the price, meaning drivers frequently face paying double the original quote. read


ScottishPower in the dark on who it billed

I have received numerous requests to pay an outstanding balance to ScottishPower, yet I explained that I was not the occupant of the property at the time in question. read


MIDAS SHARE TIPS: Lloyds is a solid income play

At 69¼p, the price should rise, provided there are no dreadful economic shocks down the line. In the meantime, the dividend yield makes this an obvious stock for investors in search of income. read


MIDAS UPDATE: Shares soar as Gear4music pumps up volume

Gear4music was tipped by Midas at 139p a share in July 2015. Now at 764p, investors might be considering banking a healthy profit. read


SUNDAY NEWSPAPER SHARE TIPS: Lloyds, Aviva, Auto Trader

We round up the Sunday newspaper share tips. This week, Midas looks at Lloyds Banking Group, The Sunday Times analyses Auto Trader and the Sunday Telegraph assesses Aviva. read


Where to invest your cash after the election

If the Conservatives win, Ketan Patel, a fund manager at EdenTree Investments, said there could be money to be made from the party's pledge to build 1m new homes by 2020. read


BlackRock Sterling Strategic Bond has returned almost 11%

Launched in May last year, the fund has so far returned just shy of 11 per cent – a satisfactory outcome from an asset class that is out of favour. read


‘No.10 needs people who can add up’

Ross Campbell, a director at the Institute of Chartered Accountants in England & Wales, said finance experts were often only brought in after decisions were taken. read


JEFF PRESTRIDGE: Take politics out of our pension plans

I hope the next Government adopts a more coherent policy on pension saving. read


Springwatch's Lindsey Chapman: Stop propping up oil firms

Lindsey Chapman, the Springwatch Unsprung presenter, also reveals she is struggling to get on the property ladder in her home town of Manchester. read


Mortgage lenders rake in £10bn from borrowers not changing

Standard variable rates are much more expensive than the cheapest rates on offer, but if you don't bother to get in touch with your bank or a broker, you won't automatically be offered another good deal. read


The 100 super-rich stars in £700million tax relief scheme

David and Victoria Beckham, Robbie Williams, Gary Lineker, Ant and Dec and Geri Halliwell were among a group of stars who invested in partnerships. read


Sir Philip Green ropes in consultants as profits fall

The billionaire is understood to be getting advice from leading firm McKinsey about boosting his Arcadia Group, which includes the Dorothy Perkins and Wallis brands. read


Ocado announces long-await deal with mystery retailer

Ocado, which has been promising to deliver such deal for over a year and half, did not say who the client is, only that it is a ‘regional’ retailer, and has not provided any financial details about the tie-up. read


Hedge fund boss Richard Bernstein threatens Ocado coup

On Sunday the food delivery firm unveiled its first overseas tie-up with an unnamed European retailer. It initially sent shares soaring by 7 per cent in early trading yesterday. read


Watchdog calls off investigation into PwC over Tesco audit

The Financial Reporting Council justified its decision by saying ‘there is not a realistic prospect’ of a tribunal making an adverse finding against accountants at PWC. read


It’s a Pretty Big Thing... Boohoo heads for £1bn

The estimate by John Stevenson of stockbroker Peel Hunt means other City analysts could redraw their sales targets this week and issue revised forecasts for the company’s meteoric rise. read


Investors call for Tesco to halt Booker takeover

Schroders and Artisan have already called for the deal to be abandoned, warning that it could damage the retailer's turnaround since it posted a £6.4bn loss in 2015. read


Victory as Tillman team spearheads fashion takeover

Tillman, chairman of the British Fashion Council, said the snapping up of brands including Jacques Vert, Eastex, Precis and Dash presented a ‘significant opportunity’. read


Lord Sugar's explosive verdict on Corbyn

Alan Sugar, a long-time Labour supporter, is almost lost for words when he thinks of Jeremy Corbyn moving into No 10. read


Iceland profits climb thanks to demand for luxury foods

Iceland said its frozen fish & seafood and luxury meat ranges as well as prepared takeaway meals were particularly successful. read


Parties make their pitches to audience of small companies 

We report on the three main parties' short pitches to small firms at an event set up by the Association of Convenience Stores and the Federation of Small Businesses. read


'Give business real support... not fairytale promises'

Stephen Kelly is a signatory to a letter calling on the next Government, whatever its political persuasion, to prioritise support for the millions of start-ups around the UK. read


Insurer launches new product for British workers abroad

Allianz Worldwide Care will launch its flexible international private medical insurance on Tuesday. read


Factories chief warns Labour would go back to 1970s

Terry Scuoler, the chief executive of manufacturers’ group the EEF, said concerns about Brexit were outweighed by his members’ fears over Labour’s ‘socialist’ policies. read


Tech boss wants to attract foreign talent

No matter who wins the Election the next Government must invest in the tech industry and allow it to attract foreign talent, says the boss of a photo-sharing start-up. read


Rolls-Royce launches eighth-generation Phantom

On July 27, Rolls-Royce will officially take the wraps off its latest flagship Phantom model – the eighth in the illustrious line stretching back more than 90 years. read


Waitrose customers 'using tricks to get free coffee'

Waitrose introduced restrictions on its ‘free’ coffee offer earlier this year requiring a purchase be made to get a free drink - but now sneaky shoppers have found a way round the system. read


Oil tumbles below $50 a barrel after Trump's climate snub

Crude tumbled to as low as $48.95 after the president decided to pull out of the Paris accord. The move sparked speculation the US would ramp up production even more aggressively. read


My late mother's partner says he has a claim on her estate

My mother passed away leaving her estate divided equally between myself and my brother. Her live-in partner of some 30 years, who paid her rent of £100 per week, plans to make a claim on the estate. read


Millennials can't rely on the state pension

The main reasons for the stark warning is the increased cost of providing state pensions, which has increased from 4% of GDP in 1970 to 9% in 2015, and the rising life expectancy rate. read


The six phone calls you can’t afford not to make

Here are around six phone calls every year that almost every household needs to make if they don’t want their outgoings to suddenly balloon. read


Five oddball ETFs you can invest in

Given that size matters when it comes to investments, many ETF providers are exploring weird and wonderful strategies in a bid to draw investor capital in a congested marketplace. read


Start-up spotlight: Finimize offers a free financial plan

Finimize is a London-based start-up offering individuals a comprehensive financial plan, tailored to their personal circumstances. We meet co-founder Max Rofagha (left). read


Should you invest in cyber security following NHS breach?

Stocks in a range of companies offering cyber defences have crept up as markets anticipate an uptick in IT security spending in the wake of the attack. read


Housing market sees worst three months since 2009

The price of the average home in the UK fell 0.2 per cent between April and May to £208,711, a smaller drop from the previous month when prices fell by 0.4 per cent, according to Nationwide. read


Triple lock pension would cost £100,000 if YOU bought it

To mimic the state pension's guaranteed rise each year, you'd need over £100,000 more in your private pension than you would to buy a fixed annuity paying the same amount. read


Hargreaves Lansdown lets customers invest in bitcoin

Hargreaves Lansdown investors can gain exposure to bitcoin through their SIPPs and trading accounts in the form of an exchange traded note issued by a Swedish company. read


Zoopla reveals most popular sought-after places to live

Scotland's Edinburgh tops the rankings, followed by Croydon in South London, Glasgow in Scotland and Central London, according to the findings from Zoopla. read


Ray Massey 'drives' BMW's fully automated self-driving car

Not only will drivers have their hands off the wheel, they’ll soon have their feet off the pedals and their eyes off the road, said BMW. read


Where are the worst potholes in Oxford?

There are dozens of them: some temporarily patched, some worsening by the week, says Max Davidson. read


How to get your deposit back from your landlord in full

Some 40 per cent of students who lease their accommodation don’t get their full deposit back but there are some simple steps students can take right now to help avoid deductions. read


The average car insurance policy will pass £800 due to IPT

The average car insurance policy will rise above £800 for the first time this month as Insurance Premium Tax increased from 10 to 12 per cent on June 1. read


Card providers stop one in four using their cards abroad

This is despite 61 per cent warning their bank in advance that they will be out of the country and 49 per cent relying on plastic while on holiday. read


How the political parties stand on personal finances

As voters prepare to head to the polls next week, Tom Selby, senior analyst at investing firm AJ Bell , looks at the key Conservative and Labour manifesto pledges on personal finance issues. read


Six tricks fraudsters use to take advantage of Brits

Techniques used by fraudsters include using snippets of information about you to give themselves authority and using apologetic language to make you feel sympathetic towards them. read


Can you beat the traders: which way did prices go next? 

Can you predict whether a share price will rise, fall or stay put just by looking at its recent performance on an chart? read


How to win a payout if an airline ruins your holiday

Whether you were caught up in the chaos or you are worried about your next trip, here is everything you need to know to win redress. read


Fears cashback site deals fuel gambling 

Quidco is advertising 80 gambling offers, including up to £150 for customers who place £80 in online poker bets. TopCashback has 111 gambling offers. read


DAN HYDE: Banks must start looking after our legacies

We rely on banks, insurers and investment firms to make sure every penny is paid to beneficiaries when they get a death certificate or grant of probate. read


Mortgage calculator reveals who will lend you the most

Dwell has come up with a new breed of mortgage calculator that reveals, after the user has plugged in their specifics, how much different banks and building societies will be prepared to lend. read


Big banks paying just 0.04% on easy access accounts

By switching to a better deal, you can up your interest to just over £100 on each £10,000 rather than the meagre £4 average the big banks are willing to pay. read


Top easy access deals often come with severe restrictions

Top simple deals include RCI Bank Freedom Account at 1.1 per cent, Shawbrook Bank Easy Access at 1.05 per cent and Charter Savings Bank Easy Access at 1.01 per cent. read


Britain's most popular homes for sale

The cheapest property in the list at £139,000 is in South Yorkshire's Barnsley, while the most expensive at £11million can be found in London's exclusive Belgravia. read


50 ways to save money....

This is Money's top 50 – updated – money-saving tips may appear light-hearted but are deadly serious. read


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. read


50 of the best funds and investment trusts

We asked trusted experts to recommend the best funds that cover different investment sectors – and included This is Money’s selection of active and passive options too. read


How to invest in an Isa quickly and easily

Rightly or wrongly, some people simply want a quick, straightforward route map to investing in an Isa. To that end, this is our distilled guide to getting started. read


How much money do I need to save for my pension?

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? read


How do pensions work? Your guide to retirement saving

Making the most of a pension is your best chance of securing a decent income when you retire. We explain what you need to know. read


How long should you fix your mortgage for?

Even at a time when we are stretching our finances further to afford a home, moving less, and pushing mortgages beyond 30 years, we still remain captivated by two-year fixed rate deals. read


When will UK interest rates rise?

The break from rising inflation is only likely to be brief and economists forecast the cost of living to continue to rise through this year. read


What next for mortgage rates?

It's official - mortgage rates have never been lower than they are today. It's possible to get a rate of just 0.89 per cent from Yorkshire Building Society if you have a 35 per cent deposit. read


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. Read our top ten buy-to-let tips read


Best paid jobs and biggest pay rises of 2016 revealed

Compare your pay to the national average and see whether your employer treated you to a pay rise in line with the rest of your profession. read