Retailers warned over Black Friday's frenzy as aggressive price cuts will savage profits

Shoppers hunting bargains are primed for a Black Friday frenzy with the number of orders expected to hit a record of almost ten million on the day. The discounting will begin in earnest tomorrow when online giant Amazon announces the first wave of thousands of price cuts and other traders follow suit.

Speaking to The Mail on Sunday just hours after Trump's election victory, Stephen Moore outlined a vision for the US and world economy that will fuel fury among critics.

Bruno Monteyne, of stockbroker Bernstein and a former Tesco director, has warned that growth at the discounters is falling off a cliff and will peter out altogether over the next 18 months.

Stick... or twist? Follow our seven-step guide to make your finances fit for the new Trump

Donald Trump's triumphant march on the White House has ramifications across the globe, not just in the US. It also has implications for our finances. The Mail on Sunday's award-winning personal finance team looks at what we should do to make our household finances fit for the new Trump world.

My 95-year-old mother ordered a fitted chair from Westminster Recliners Limited on July 7, for delivery in August. The chair has still not arrived.

The Office for National Statistics is expected to say on Tuesday that inflation edged up from the 1 per cent recorded in September.

There will be many reasons some Americans voted for Trump (and Brexit). But I believe the great economic insecurity and a perception of unfairness is the underlying cause.

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MIDAS SHARE TIPS: Investors on solid ground after flotation of Van Elle

Last week's shock victory for Donald Trump in the US Presidential election is likely to fuel market volatility over the coming months, particularly when combined with persistent concerns about the impact of Brexit on UK businesses. But Van Elle should deliver strong growth, despite political and economic uncertainty. The company is a highly successful, hard-working British business, specialising in ground engineering services that make it safer and easier to build railways, roads, houses and a range of other buildings.

Britain and the US would both benefit from a new open trade deal, Donald Trump's senior economic adviser told The Mail on Sunday this weekend.

Profit for the year to the end of September is set to be about £495 million compared with £686 million last year.

Hazel Reynolds, who quit working as a journalist to turn a card game she invented in 2014 into a business, has sold 1,000 copies in a single day.

Britannia Hotels, owner of the famous Adelphi Hotel in Liverpool, has recorded a huge leap in profits at its 52-strong chain.

The study, from Hitachi Capital Invoice Finance, found that of those who invested their own money, 19 per cent had re-mortgaged property, potentially endangering their own financial health.

Tesco Bank hack: How it happened and what you can do to protect your account

Cyber-criminals broke into Tesco Bank's computer system last weekend and stole £2.5million from the current accounts of 9,000 customers - the largest ever cyber-attack on a UK bank to have resulted in a mass loss of money. One in 15 of the bank's 136,000 current accounts were affected. Tesco Bank responded quickly by suspending all online debit transactions - including contactless card payments - to prevent further criminal activity.

It seems that in the industry's mad rush to get us all to do our banking through apps, iPads and personal computers, it is failing to protect customers from cyber criminals.

Lasting power of attorney: Why you need one and how to set it up

One vital document gives family members authority to handle the financial affairs of a loved one in need - meaning they can stay on top of household bills. It is known as a lasting power of attorney. But 44million people do not have one - 85 per cent of the UK adult population. And two-fifths of adults do not know what one is. James Ashwell set up the firm Unforgettable after caring for his mother Fay

How can you be sure you're not breaking the law - and avoid costly, protracted litigation - when you put up a fence or plant a herbaceous border?

Up to 38,000 parents who have taken time off work to raise a family in the last three years could receive a smaller state pension after failing to tell the taxman they have had a child.

Porsche now has a limo for diplomats and execs

Porsche's are famed for being some of the best drivers' cars on the planet, but this new model could tempt you to sit in the back with reclining seats, private--jet-style tables and 10.1-inch screens. Find out more about the new Panamera Executive range.

Commodities up on hopes Trump will boost manufacturing and fossil fuels

In recent years, increasing numbers of ordinary savers have been taking bets on everything from gold to more obscure metals such as palladium. The way ordinary investors can tap in to this market is through an ultra-cheap tracker called an exchange traded fund. These are becoming so popular they are even leading to a slump in hedge funds, which have had more than £22billion taken out of them in the past three months.

Since launching the fund in June 2012, Ben Leyland has delivered returns in excess of 100 per cent - more than double those from investing in the FTSE All-Share Index.

Midas recommended the shares in August 2013 when they were 19p. Today the stock, traded on the junior ISDX market, has almost tripled to 56p.

West End stage without the fright: How do you get cut-price tickets to a blockbuster show?

A trip to the theatre can be a costly treat - one that many of us will consider in the run-up to Christmas and the New Year. But there are ways to step out into the bright lights of London's West End and get seats for a sell-out show - without the drama of breaking the bank.

Insurers fear that Brexit could derail a crackdown on the whiplash claims that have plagued the industry.

The lender is fighting its way back to health after coming close to collapse in 2013, when a £1.5bn black hole was discovered in its accounts.

Childcare provision is 'key to retaining staff', say business leaders

A third of firms regard the availability of childcare as a key issue in recruiting and retaining staff, according to a British Chambers of Commerce survey of more than 1,600 business leaders. The study, supported by Middlesex University, found 28 per cent of firms had seen staff cut their hours due to the cost of childcare, 12 per cent had suffered a productivity slide and 9 per cent had seen staff leave.

The Prime Minister is expected to outline what relationship Whitehall is seeking sector-by-sector when she speaks to the Confederation of British Industry a week tomorrow.

Should I invest £52k in buy-to-let in London or Manchester?

I've inherited £52,000 and have decided I want to invest it in a buy-to-let. I live and work in London but I grew up in Manchester, so know that part of the country well. I am not sure whether I should buy a place to rent out in London or go for something bigger up north? 

If you're thinking about stocking up on some pricey presents then heading to Munich (pictured) could cut your Christmas spending by as much as 14 per cent.

Landlords with four or more buy-to-let mortgages have been warned to prepare for a major headache as new rules force lenders into much tougher mortgage assessments.

Townies are flocking to villages like Docklow, Herefordshire, in record numbers but all too often not supporting the local schools, churches, shops or even the pubs, writes BRIAN VINER.

It's hard enough to get a mortgage when you're self-employed as it is but now the Financial Conduct Authority has warned it's worried lenders are making it too easy.

Top towns for self-build profits revealed as Harpenden, Esher and Weybridge

The top 20 towns to turn a profit on self-build have been revealed by a developer - but there's one slight catch. Those aspiring to build their own grand design in these hotspots will need a couple of million pounds to splash out on bringing it to fruition. Harpenden, pictured, was named top and those following this method there would need £2million.

The funding should help speed up the construction of up to 800,000 homes on large developments by tackling planning issues that can hold up projects, the Government has said.

The number of homes coming on to the market continued to decline last month, even while new enquiries from buyers rose by 10 per cent, Rics said.

Five of the best current accounts to get more from your bank

How hard does your bank account work for you? Hard enough to give you free travel insurance, cashback on your household bills, or simply standout customer service? Here is our pick of the best accounts to make your money work harder, cut down on fees, or get free stuff.

Get Safe Online said Tesco customers should look out for fake emails, phone calls and texts asking them to move money or 'confirming their log-in details for security reasons'.

In the latest blow to hit current account customers, the two most lucrative cash switching deals on the market have been scrapped.So where else can switchers look to find good deals?

Sainsbury's launches a best-buy personal loan at just 3%

Sainsbury's Bank has once again trimmed its personal loan rate, dropping the best buy rate to a new historic low of 3 per cent. The new best-buy rate beats previous best-buy deal from Swedish challenger, Ikano Bank, by 0.1 percentage point, saving £15.44 in interest on a £10,000 loan repaid over 3 years.

The motoring group, which monitors average fuel prices across the country, said retailers should knock 3p a litre off the current price of petrol and diesel.

A survey of 19,018 AA members revealed that 49 per cent of over-65s would choose to drive through flood water instead of turning their car around to find an alternative route.

Ten fresh features of the new Volkswagen Golf revealed

Even a double or triple take of these first-release images of the 2017 car make it hard to identify any differences to the Golf currently on sale. Yet, while it might look the same it does have a new infotainment system, automatic gearbox and semi-autonomous driving features. Here are the 10 new elements of the familiar-looking Golf you'll struggle to spot

Ducati's bike is almost the same price as a Porsche 911, has a better power-to-weight ratio than a Bugatti Veyron and is 100 per cent road legal. But what else was launched in Milan?

The system monitors what's going on with your car and sends you a notification if it's about to go kaput. But it could also help you side-step unnecessarily high repair bills.

How Jeremy Clarkson blew £160m trying to mow down Top Gear

The way Jeremy Clarkson tells it, The Grand Tour, the new high-testosterone supercar show he's hosting with Richard Hammond and James May, has all the ingredients that made Top Gear a world-wide success. 'It is full of middle-aged men falling over with the occasional car sticking its nose into the frame,' he says. For legal reasons, they are being careful not to actually copy any Top Gear features, but Clarkson says the constant will be Hammond and May, 'whom I hate'.

Nationwide's five-year tracker mortgage at 1.89% with no early repayment fees

Borrowers looking to track the base rate rather than fix have not been spoilt for choice when it comes to new deals recently, but Nationwide has now launched a new five-year tracker at 1.89 per cent. If you want to track and make over-payments without being penalised, or leave early without hefty charges, Nationwide's new five-year tracker mortgage could be for you.

TSB offers five-year fix mortgage at 1.89% to remortgagers

Fierce competition to woo mortgage borrowers shows no sign of abating with TSB the latest lender to slice prices to a new low with a 1.89 per cent five-year fix. The deal is available to borrowers remortgaging with 40 per cent equity and is fee free, making the overall cost cheaper than the lowest rate on the market, which is from First Direct at 1.84 per cent but has a bigger fee.

Three arrested at top banks in what could be Britain's biggest-ever insider trading probe

The arrests are thought to be linked to the Panama Papers scandal. A probe is being carried out by the Financial Conduct Authority with support from the National Crime Agency.

The gold miner is feeling the full effects of Trumponomics as it has a project based in Mexico, which could suffer under the US president-elect's plans for high tariffs and high walls.

Nasty Gal, founded by Sophia Amoruso, who was just 22 when the company was launched, enjoyed several years of rapid growth and toasted sales of over £80m at the height of its success.

Sterling rose over 0.9 per cent to about 1.266 against the US dollar and was up 1.26 per cent against the euro at 1.166.

For the Harrogate-based cloud computing specialist uncovered some fairly serious errors accounting - and the market's reaction was brutal.

What should investors do as era of President Trump dawns?

Investing experts are reiterating their pre-election advice : keep calm, stay invested, and wait for matters to become clearer before making big changes to your portfolio. This did, after all, stand investors in good stead after the Brexit vote. But opportunity knocks in times of uncertainty, and some assets, sectors and investing styles are being tipped to succeed under President Trump.

Lower taxes but higher interest rates. That, in six words, is what is likely to happen in the US. Given the way big ideas and big money cross the Atlantic, that is what is also likely to happen here too.

Banking shares rose across the world on hopes that Donald Trump would ditch tough rules introduced after the financial crisis.

How to make pension auto-enrolment work for your small business

Auto-enrolment is here to stay. Four years after it was introduced, opt-out rate is just 10 per cent and 6.5million people have saved using the initiative. Here we explore how SMEs can get the most out of the scheme and reveal five top tips for making auto enrolment a success.

Older homeowners who need to borrow cash in retirement can cut their costs by thousands of pounds with a new type of home loan which lets you pay off interest every month.

Former pensions minister Steve Webb today answered readers' pension questions in a live web chat - or as we called it here at This is Money, a Webbchat.

The Airmiles tricks that could pay for your next holiday

Over the past five years, Rob Burgess has flown business class to Abu Dhabi, Boston, Calgary, Cape Town, Las Vegas, Moscow, New York and Singapore. You'd assume this kind of jet-setting would mean splashing out thousands of pounds on flights. Those business class return tickets to Dubai, for example, would normally cost £6,000. The secret? Airmiles, now known as Avios reward points.

It is not clear yet whether the Government will switch to CPIH for index-linked state benefits - not least because it expected CPIH would geenrally give a higher rate than CPI.

Investors are scrambling to position themselves for the next bit and to make money from the mayhem. I won't be joining them. I think it's time for a bit of humility. We don't know. Let's not kid ourselves.

How to beat online bank fraudsters after Tesco Bank raid

Crooks are desperate to get their hands on your personal data. Even if they don't use it to raid your bank account, a few key pieces of data are enough to enable them to rack up huge debts in your name. So it's vital you do everything in your power to stop them. Start by following our indispensable eight-step guide to staying safe online.

Innis & Gunn says it was taken aback by the success of the crowdfunding campaign, which smashed through its target and has gone on to £1.3million

Could a wood-burning stove save you money on your energy bills

One way of making a home more cosy this winter is by installing a wood-burning stove. They are becoming increasingly popular, but will they save you money? While the initial outlay can be expensive, they can significantly reduce your fuel bills over time.

After chopping easy-access rates and withdrawing fixed bonds, banks have turned their attention to notice accounts which are being shut at an alarming rate of two a week.

Britain's biggest buy- to-let mortgage lender, BM Solutions, says it won't be reducing the amount it will lend to basic-rate taxpayers.

Mess makes us more productive, star economist Tim Harford explains

Mess can be a positive force in all areas of life - from the workplace, giving presentations and commuting to regulating the banks and producing ground-breaking albums. In this episode of the Big Money Questions, 'undercover economist' Tim Harford explains why he's standing up for mess - and how to unleash its productive and creative potential in our lives.

Supermarket giant Tesco's row over price hikes by Unilever - the company behind Marmite, Hellman's mayonnaise and Flora spread - began a worrying trend.

The Competition and Markets Authority has warned internet firms it suspects are part of a cartel that there will be 'serious consequences' for firms agreeing not to undercut their rivals.

Will the £40k I invested in a bond be automatically reinvested?

I have £40,000 invested in a bond linked to the FTSE 100, and it is due to mature in December. I have read that if I don't advise the bank otherwise, then it will be invested automatically for another five years. What should I do?

Seeking to capitalise on the Brexit vote, a government-backed organisation is opening a pop-up shop to woo businesses away from London.

An automotive group has called for the abolition of indirect tyre pressure monitoring systems after finding they don't work under real-world driving conditions.

ASK TONY: Debt collectors are chasing me over a Santander loan that I've never had 

I received a letter from a firm called Robinson Way asking if I had ever lived at an address in Essex. I replied that I had lived at my home in South-East London since February 1946 and had never resided in Essex. On February 3, I received a further letter from Robinson Way showing that a supposed £2,000 debt owed to Santander had been sold to Hoist Portfolio Holding.

Around 9,000 accounts were raided in an unprecedented banking security breach and the public deserves to know exactly how the money was siphoned off.

One in five adults in Britain have experienced financial abuse at the hands of a partner, according to charity Refuge. The majority are women.

Will state pension triple lock be dropped - and what might replace it?

A demand for the Government to ditch the valuable pledge in 2020 was launched by MPs on the Work and Pensions Committee over the weekend. Ex-Pensions Minister Ros Altmann has also renewed her call for it to be scrapped in favour of a 'double lock'. And industry experts have chimed in to point out the present system is costly and unsustainable. So how does the triple lock work, and what might replace it?

Instead of leaving money in a will for family members, grandparents handing it out before death and using Junior Isas and pension pots could make it worth three times as much, if invested correctly.

A BBC One Show investigation found that 52,516 speeding fines had been handed out on 11 sections of smart motorway last year. Just 2,023 were issued on the same roads five year ago.

Can I get back £8,500 I gave my ex, now she's found a new partner?

When I broke up with my ex I gave her £6,000 in cash and furniture worth £2,500 as a gesture of goodwill so she wouldn't have to worry about money. But now she has a new partner I've asked her to pay me back and she's refusing, is there anything I can do?

Experts predict a price rise of five per cent for both gas and electricity this winter - adding £50 a year to the bills of dual-fuel customers on variable tariffs.

Now the weather is colder, I've started thinking about switching energy providers, but should I do it now to avoid higher bills? And what's the risk of switching to a provider I've never heard of before?

I'm retiring in two years - should I top up my pension or invest in buy-to-let?

Before you make any decisions about where to invest, whether to buy a rental property or what to do with your pension, it's generally a good idea to get a complete picture of your financial situation - and how it interacts with your wife's. In simple terms, this means adding up all your savings, investments and the equity in your home. These are your assets. Then do the same with your debts - your outstanding mortgage, overdrafts, car finance, any personal loans, store cards or credit cards. These are your debts. Assets minus debts = your wealth.

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.

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.

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

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.

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.

Handy Brexit 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.

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?

An interest rate cut before the end of the year looks less likely following the plunge in the pound. However, the Bank of England has indicated that higher inflation driven by rising import costs won't make it lift rates.

What next for mortgage rates?

Several months after the Bank of England slashed the base rate to 0.25 per cent and lenders are still cutting mortgage rates on almost a weekly basis - but how low can they really go? The experts say not a lot lower and it's likely that if you get a mortgage at the moment, it's going to be a pretty cracking deal. 

Ten tips for buy-to-let

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

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

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