Lifetime Isa savers set to receive stiff warnings when opening accounts

NEW Watchdogs have proposed robust safeguards for younger savers buying new Lifetime Isas, as two former Pensions Ministers raise the alarm about a potential sales scandal. Lifetime Isas have provoked a barrage of criticism amid fears younger people will make poor decisions that leave them out of pocket in the long run.

Amazon Prime members can now order their Morrisons shopping through the Prime Now app to be delivered at the door within an hour, for an extra fee of £6.99.

ASK TONY: Thomson won't give back money I lost when its website crashed

My wife and I tried to book flights to Menorca online with Thomson, but experienced problems with its website - it kept telling us we had been unsuccessful. So, later that day, we decided to book with another operator. Three days later, we noticed Thomson had taken £438 from our bank account.

Sources at the Big Six power giants claim they will have to raise prices to cover extra energy taxes being imposed by the Government, but wholesale prices are also on the rise.

With prices for standard variable tariffs varying by postcode, millions are languishing on expensive plans with the country's Big Six suppliers, Moneysupermarket said.

The over 50s insurer has pulled its 'guaranteed' no-claims discount offer, which meant that motorists could make an unlimited number of claims in a year without the no-claims discount being hit.

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FTSE LIVE: Footsie in the red as Trump enthusiasm wanes in London, but US futures point to

Around mid session, the FTSE 100 index was down 24.5 points, or 0.4 per cent at 6,768.3, just above the day's low of 6,766.90 and well below the early peak of 6,810.53. US stock index futures pointed to opening falls as well today on Wall Street after the Dow Jones Industrial notched up its fourth record closing high in a row yesterday a week on from Donald Trump's shock presidential election victory.

Rolls-Royce said that an overhaul of its operations, started by chief executive Warren East one year ago, was expected to deliver cost savings at the higher end of its £150million to £200million target.

Indeed, if it were not for the double whammy of higher crude oil prices set in dollars, consumer price inflation would be even more negligible.

The Bank of England governor claimed that the focus on ultra-low interest rates was a 'massive blame deflection exercise', and other factors were at fault.

But Buffett's business Berkshire Hathaway invested in three US flight operators in the third quarter of the year, and now has an £805m stake in American Airlines alone.

The budget airline is establishing an operating company overseas to 'take control of its own destiny' and guarantee its flying rights when Britain leaves the European Union.

Hargreaves Lansdown launches low-cost stock market fund

DIY investing platform Hargreaves Lansdown has moved into equity management with the launch of a low-cost fund. With an ongoing charge figure of 0.6% , the fund is cheaper to invest in than 90% of the active funds in the IA All Companies Sector, it says.

Under laws introduced last year, everyone aged over 55 should be able to withdraw as much as they want from their pensions. But five million pensioners have been denied these freedoms.

In the past 12 months, around 29,000 second mortgage customers have borrowed £890 million, with rates typically starting at 3.88 per cent. But some lenders are charging four times as high as this.

Tesco Bank refuses to explain what happened while the National Crime Agency investigates. But it does say customers do not need to change their passwords as their data was not 'compromised'.

Our wonderful NHS gives us free healthcare in our working lives - but, as soon as our mental and physical powers start to diminish, the state washes its hands of us.

Don’t buy car insurance on Saturday and other ways to cut costs

As a young and fairly new driver, Alicia Rouse expected to pay a little extra for her ten-year-old Vauxhall Corsa. But when it came time to renew her policy, it had increased by £58 despite a flawless driving record - and her mission to find cheaper car insurance unearthed insurers' tricks.

A month ago, the Government announced a dramatic U-turn and scrapped plans to launch a second-hand annuity market allowing pensioners to cash in the often poor-value products.

In two weeks, sweeping changes for savers will provide better alerts when your rate is cut but, to date, no information has been given to consumers as to how their rights have been strengthened.

The rate came down to 0.9 per cent from 1 per cent in September, defying expectations that it would increase to a two-year high of 1.2 per cent.

The crackdown on rip-off penalties follows an outcry from savers aged over 55, who faced shelling out thousands of pounds to access or move their money using pension freedoms.

UK car dealer will only sell matching white Ferrari and McLaren together

Imagine your dream car garage and there's a very good chance that it may feature both of these stunners. For one lucky buyer that fantasy could soon become a reality. But they'll need £700,000 to spare and enough room to store two ultra-collectible supercars, in the form of the Ferrari 458 Speciale (left) and McLaren 675LT (right). And the dealer has said the cars come strictly as a pair.

Amazon Prime is available at a £20 discount, giving former Top Gear viewers the chance to watch Jeremy Clarkson and chums in action once again.

Jaguar will today release details of its all-knew electric sports car, the I-Pace which will have a 200mph top speed and 0-60 time of just four seconds with a range of 310 miles.

Taunton schoolboy nets £2m after a property developer offered him money for land he bought

Harvey Millington (pictured), bought up three acres of land for £40,000 after making £100,000 from his road tax reminder business - he has now sold it for a fortune. The schoolboy, from Taunton, Somerset, was going to start his own glamping business. But the pocket of land was surrounded by fields bought up by a developer, who knocked on his door and offered him a fortune to buy it. He said: 'I wasn't sure how much they were going to offer for the land, but they came up with £2million. It was too good to turn down. It's a massive amount, especially for someone at my age.' Harvey has already made thousands from his online tax disc reminder company set up when he was 13. The reminder discs (bottom right) cost £4 a time and his online business (inset) became one of the fastest-growing in the country.

Audi cars with automatic transmissions have technology capable of distorting emissions when they are tested, reports in Germany have claimed.

With an annual rise of 8.3 per cent, homes in England saw the biggest price jump, while those in Scotland saw prices rise a more modest 3.4 per cent.

Fix your mortgage now? Brokers say Trump win will help raise rates

Britain's long-term mortgage rates are likely to rise in just days following a surge in the cost of borrowing for lenders, aided by Donald Trump's shock win in last week's US election. Mortgage broker firm John Charcol is predicting that five-year and 10-year fixed rates will be the first to see prices go up, with lenders expected to start hiking costs later this week. 

The shake-up would leave three million earning over £35,000 a year worse off, experts warned, and would also hit millions of workers juggling a number of low-paid jobs (file image).

Calls are being made for a new 'referencing passport' that tenants can transfer between letting agents, meaning an end to paying for a new reference each time they seek to rent a home

Europe manager on why you should diversify away from the UK for income

Many income investors worry about the absence of British-style 'blue chips' in Europe - big, multinational companies that can weather all markets to grow their share price and maintain their dividends. But Liontrust's Olly Russ argues that post-financial crisis, these stocks have evaporated and investors should diversify into European income

British investors have been warned not to take out any financial services with Bolivian bank Seedoro after the City watchdog said it had faked its authorisation.

Virgin's new 0% credit card offer beats the previous best-buy deals from Tesco Bank and Sainsbury's Bank with two additional months interest-free on purchases.

Why every £1 spent on Christmas adverts turns into £24 profit... no wonder big names spend

British firms are expected to spend about £5.6bn on marketing in the run-up to Christmas this year, £300m more than in 2015, according to the Advertising Association. Prime-time television spots are expected to attract a spend of £1.3bn as advertisers are prepared to pay bigger sums to get noticed at a time of year when viewing figures climb.

Surprise hits like The BFG, and Bridget Jones's Baby help Cineworld to a record year

Cineworld has reported a surge in revenues following a series of hits this summer including The BFG, Finding Dory and Bridget Jones's Baby (starring Renée Zellweger, pictured).

In a half-year report, the transport group also posted a 5.1 per cent increase in revenue, helped by growth in First Student and First Transit.

Dido Harding said being 'open and honest' had helped regain the trust of customers, 95,000 of whom jumped ship following the incident.

Wealthy textile heir Arun Nayar was a director in the London based start-up, which claimed to have thousands of customers but crashed into administration last month.

The mobile giant has seen its plans to expand in Asia hindered by free deals handed out by Mukesh Ambani, who runs the Jio network in India.

MARKET REPORT: Card Factory drops 2.5% as sales slow despite the group opening 46 new

Sales grew by 4.4 per cent in the nine months to October 31, the company said. It's almost half the 7.9 per cent growth recorded in the same period last year - despite the group opening 46 stores. Card Factory, which now has 860 stores, said average spend at its personalised gift website had increased but that was being offset by lower visitor numbers.

Growth in Germany halved to 0.2 per cent, but the troubled Spanish and Greek economies expanded by an encouraging 0.7 per cent and 0.5 per cent respectively.

Slick Aussie dingo-dog James Gorman, made £2.3m from selling 200,000 of his shares. The bank's stock has soared 17 per cent since Donald Trump's election victory over Hillary Clinton.

Yesterday, British firm Pathfinder Minerals, , which is based in London and is listed on the AIM-market, won the latest stage in a titanic legal battle to get permission to mine in Mozambique.

According to analysis from Kantar Worldpanel, sales at Tesco increased by 2.2 per cent over the quarter to November 6, while customer's average spend was up by 2.1 per cent to £20.69.

First-time buyers see house prices jump £3,300 in a month, says Rightmove

First-time buyers are facing a struggle to get their feet on a housing ladder that's being pulled further away, as asking prices for their typical homes continue to spiral higher. House-hunters taking their first steps into the market must stomach an average price hike of £3,256 on a two-bed property this month, according to figures from property listing website Rightmove.

Student debt is leaving a generation saddled with average debts of £44,000 before they even begin working - now mortgage lenders have signalled it could harm them when buying a home.

I left my job just over two years ago to start my own business. Now my wife is expecting and we need to move, but will we get a mortgage?

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.

Barclaycard customers worried about binge spending would be encouraged to sign up. They could block a card between certain times or set up a maximum transaction limit

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.

How to make your finances fit for the new Trump world

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. We look at what we should do to make our household finances fit for the new Trump world.

Play your cards right: We pick the best credit cards for spending, rewards, travel and clearing debt.

Whatever you are thinking of doing with your finances in 2015, if it is going to involve a credit card, then it is essential that you get the right one.

Former Pensions Minister Steve Webb is This Is Money's Agony Uncle. This week, he replies to a reader who wants to know what happens about her pension while she's on maternity leave.

How do you get cheap 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. Toby Walne paid just £10 to see No Man's Land.

TONY HETHERINGTON: Sitting comfortably? How a firm ripped off a woman of 95

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. We have tried to contact the firm several times but were fobbed off with a mobile number that does not work, or told we cannot speak to the manager. My mother has asked for the contract to be cancelled and her money refunded, but she has received neither the chair nor a refund.

Cyber-criminals broke into Tesco Bank's computer system last weekend and stole £2.5million from the current accounts of 9,000 customers.

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 this 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 this document - 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

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? 

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.

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?

Landlords with multiple properties get buy-to-let mortgage headache

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. From 30 September 2017, rules laid out by the Bank of England's Prudential Regulation Authority mean any landlord who owns four or more mortgaged buy-to-let properties will have to submit income and mortgage details on all of them every time they refinance one, or purchase a new property.

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?

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.

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.

Ex-journalist Hazel Reynolds hit on a winning hand with acting game Randomise

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. She set up Gamely in Brighton in September last year, a month after her husband suggested she try to 'make something of the game' - which she had made up to lure her young sister away from her iPad - and a day before she found she was pregnant with baby Charlie.

Many small businesses are struggling to protect themselves from currency fluctuations, we get some tips on what they can do from an accounting expert.

Piccolo was founded two years ago by Italian Catherine Gazzoli, the former chief executive of Slow Food UK.

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.

A 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.

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.

Premium Bonds winners

November 2016
Prize value Winning bond No. Area
£1,000,000 64ST558712 Bristol
£1,000,000 196XC935430 Norwich
£100,000 73XC247749 South Gloucestershire
£100,000 209BT382482 West Sussex
£100,000 196QY362195 Tyne and Wear
£50,000 48QF456615 North East Scotland
£50,000 279LW728226 Shropshire
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