Car tax changes will mean 7 in 10 new buyers pay more from April

Seven out of ten new car buyers will pay more road tax from this spring as cars once considered 'green' are squeezed for more money - and those over £40,000 are hammered for extra £310 a year extra. By contrast, buyers of some of the most polluting and gas-guzzling vehicles will receive 'significant benefits' and could save up to £245, a report says.

Savers holding their breath for a dramatic improvement in rates will be disappointed, but RCI Bank has boosted the rate by 0.01% to top the best-buy table.

'The wealthiest households should pay three times more council tax' says ADRIAN LOWERY

The May government is apparently considering allowing council tax hikes to fund improvements in elderly care; well I'd argue councils should be able to levy more tax on wealthy households anyway. Whilst it's hard to justify the brute redistribution of wealth by taxing the rich and giving handouts to the poor, it is not hard to justify asking wealthy households in a locality (like Barnes, SW London, pictured) to contribute proportionately far more to services and amenities that keep that locality a tidy and happy place.

There are many reasons given for not getting married but for one in six, cost is the main reason, while this increases to one in three for couples under the age of 35.

Money-saving bloggers are claiming that anyone can take advantage of the deals offered to students with a clever NUS card hack that will save you hundreds of pounds a year.

More first-time buyers bought a home in 2016 than in any year since 2007, before the global financial crisis hit, research from Halifax shows.

Holidaymakers heading for a ski trip via Switzerland should tell their car hire firm plans in advance, or risk getting caught our by little-known EU rules.





FTSE CLOSE: Footsie sets 12th closing record in a row on Friday 13th

The FTSE 100 finished up 45.44 points at 7337.81, making that the 12th record high in a row and the 14th consecutive gain. London's top market also set a new mid-session record of 7,338.49. The Dow Jones was ahead 13.5 points at 19,904.5 while Germany's DAX rose 108.1 points to 11,629.2 and France's CAC 40 was up 58.5 points at 4,922.5. Brent crude was at $55.58 a barrel and the pound was at $1.22 against the dollar. 'As has become the custom in the first few trading days of 2017, gains in the UK stock market were mirrored by a weaker pound sterling,' said a City pundit.

Rich customers snapped up caviar, hand-carved smoked salmon and white truffles as Fortnum's clocked a 16 per cent rise in sales in the five weeks to the end of December.

Steve Rowe, chief executive of Marks & Spencer, and Dave Lewis, his counterpart at Tesco, both won back shoppers in their core markets following years of decline.

The FTSE 100 builder said it sold 7,180 new homes across the UK in 2016 - down from 7,626 the previous year.

While the British High Street chains posted what can best be described as anaemic growth total, ASOS and Boohoo put them to shame.

The group, which has 89 gyms in the UK, said it was expecting an increase in users this year as people ditch expensive memberships for more affordable ones.

How rich are you? Work out where your income and wealth sits in the UK

How rich are you? The highly subjective answer to that will be influenced by your attitude to wealth, income vs spending habits, and where in the country you live. While we quite rightly worry about inequality, Britain's disposable incomes are the most equal they have been in 30 years, but where do you fit in the earnings and wealth scales?

Two thirds of borrowers don't keep an eye on how much they spend on their credit card, checking balances just once a month, according to new research by MoneySupermarket.

Details of the upcoming price rise were spotted in a Sky newspaper advert although the exact increase is yet to be announced. Sky last increased prices in June to a number of TV packages.

My wife is seriously ill and I need help sorting out her pensions

Former Pensions Minister Steve Webb is This Is Money's Agony Uncle. He is ready to answer your questions, whether you are still saving, in the process of stopping work, or juggling your finances in retirement. This week, he seeks to help a husband trying to sort out the finances of his wife, who is dying of cancer.

In from the cold: As energy price rises start to arrive for winter, is it time to switch now?

Energy price tariffs are in a constant merry-go-round with suppliers constantly battling to pinch customers from each other. We show you how to win.

The cost of car insurance continued to spiral last year with motorists facing an average premium of £767 heading into 2017. Cover is the most expensive it's been for four and a half years.

Energy saving tips: We bought a house with a conservatory but it's currently too cold to

Last spring, we purchased a house which with a conservatory - the first time my wife and I have owned a property with one. How can we make it warm enough to use in the winter?

We live in a property with a short hallway which leads into the living room. The room is easily the coldest in the house and it's because a rather large draught is coming through the front door.

Fix your finances: How to get your bills sorted

Overhauling your bills can potentially save you thousands of pounds, we deliver all the tools and tips you need in one place.

Where to invest for income and how to spot the best dividends: Investing Show

Picking dividend shares isn't just about opting for those with the highest yield. A dividend needs to be sustainable, robust, and preferably rise over time. Justin Urquhart Stewart, of Seven Investment Management joins the Investing Show to explain where to invest for the best dividends, looking at countries, sectors and individual companies.

Many fund managers are flying the flag for US shares following the election of Donald Trump, but Liontrust's John Husselbee doesn't share their enthusiasm.

Providence went into administration in September 2016 and now Deloitte says that a huge 20 per cent of the value of the bonds issued was spent on launch and marketing costs.

Ten tips for getting the most out of your 2017 holiday budget

There are lots of tips and tricks to cut down the cost of your holiday, without compromising on the experience. To make the most of your money, has compiled some top tips for cutting down your holiday costs in 2017. We've picked some of the best and added in a few of our own. If you have others, please let us know in the comments section.

With inches of snow forecast and hurricane-force wind adding to the mix, Heathrow Airport has already been forced to cancel 80 flights.

At least 20 families landed at Arrecife Airport, in Lanzarote, last weekend to find they had been scammed, a Thomson employee told one victim.

Should you invest with the FTSE 100 at a record high?

Savers tempted to put money into the stock market by the FTSE 100's record run could be investing just as the risk grows that shares will tank, experts warn. This week, the FTSE closed at an all-time high for the ninth day in a row. Stock market highs tend to encourage many small investors to throw caution to the wind, as they chase down gains.

Since the end of June, the pound has fallen by 18.4 per cent against the US dollar, compared to the 17.2 per cent drop in the 200 days after 16 September 1992, the Press Association said.

But, speaking to MPs on the Treasury Select Committee, Carney said the process of adaptation to life outside the EU could 'amplify' those risks for the UK once again.

HMRC spies on what you buy and sell online with eBay and others thanks to new law

HM Revenue & Customs quietly acquired powers in September which allow it to snoop on anyone who uses so-called marketplace websites that connect buyers and sellers. It means teams of investigators now have extensive access to websites such as Etsy - where craft-makers sell items like homemade cards and knitting - and eBay, as well as property and holiday letting sites including and Airbnb.

A number of lenders are asking landlords to collect nearly double their mortgage payments if the property is let to strangers who share a bathroom and kitchen.

Pensions minister Richard Harrington gives his first major newspaper interview since taking over from stalwart pensions campaigner Baroness Ros Altmann - and before her Sir Steve Webb.

New BMW 5 Series wins What Car?'s coveted Car of the Year award

A new hi-tech BMW that can drive itself has been crowned 'Car of the Year' in the motor industry's version of the Oscars. The BMW 5 Series, which has self-driving features that allow it to drive for short distances, took the top spot in the What Car? 2017 awards. We reveal the winners in the other categories and prices.

Jaguar Land Rover sold a record 580,000 models in 2016. To spearhead its car sales assault for this year, a refreshed F-Type sports car has been unveiled. And there are new versions too.

Motorists filling up at the pumps are now paying around £1.18 a litre for petrol, the Department for Business, Energy and Industrial Strategy said.

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 the rest of your profession. Farmers, care and air travel assistants were big winners on the pay scales in 2016. Travel agents, careers advisers and probation officers lost out.

January is the time when a host of bonds mature. But don't take the new rate offered to you by the big banks - you can get more than twice as much interest from a new bank or a building society.

Make sure you move your money after the first 12 months with the Post Office account: the 1.01 per cent includes a 0.76 percentage point bonus which only lasts a year.

Ryanair plans nine new routes in a bid to boost passenger numbers to 20M

Low-cost airline Ryanair has sparked a summer flight war with nine new routes from London's Stansted airport, including daily trips to Nice and Naples and a three times-weekly service to Cagliari in Sardinia. Customers will be able to fly direct from the Essex-based airport as part of the new deal, which also includes routes to Copenhagen in Denmark and French destinations Beziers, Clermont, Grenoble, Nimes and Strasbourg. The budget carrier said the move was part of its push to sustain growth in the UK and would boost passenger numbers to more than 20million a year while supporting around 15,000 jobs.

For the first time in living memory, M&S; has exceeded expectations with a handsome increase in same-store clothing sales.

Around 350 members of car parts manufacturer Covpress's pension scheme faced reduced payouts when the scheme was sent to the Pension Protection Fund (PPF).

MARKET REPORT: Healthcare giant Spire falls by 10% as it warns of hospital building delay

The FTSE 100 edged its way across the line to a thirteenth consecutive climb. The market tiptoed forward just 0.03per cent, or 1.88 points, to another record finish of 7292.37. Primark owner Associated British Foods was the greatest faller, down 4.5per cent, or 122p, to 2576p after a disappointing update. Spire Healthcare spiralled after redevelopment work hit profits. Building at its St Anthony's Hospital in the London borough of Sutton has taken longer than expected. The hospital, which made a £5million profit in 2015, is expected to report a loss of £1.5million for 2016.

Britain's biggest retailer reported that its sales grew by 1.3% over the 12 weeks to January 1, just beating Morrisons' 1.2% growth, and racing ahead of 0.1% and 2.4% falls from Sainsbury's and Asda.

The London-based tech firm ran out of money in November, leading to the loss of 200 jobs, unpaid staff and suppliers out of pocket.

This will be the fourth consecutive year that John Leiws, which is collectively owned by its staff, has cut the payout. Last year average payout was £1,585 for each of its 91,500 staff.

Britain's second biggest supermarket said its premium ranges proved particularly popular, with sales of its Taste the Difference party food line up 50 per cent year-on-year.

Is it cheaper to turn my heating on at night?

I'm trying to cut down the amount I spend on my energy bills, does it cost me more to have my heating on during the day or at night? If there is a difference in price depending on the time of the day how much am I likely to save by only turning on the boiler at certain times during the day?

We want you to claim every penny you are owed for delays, cancellations and dire service, whereas currently just one in five eligible passengers submits a claim.

Enough of this shoddy service: it's time we all took a stand against the ghastly firms running our railways. As any Southern Rail commuter will testify, the most infuriating part is the helplessness you feel.

Audi has the Range Rover firmly in its sights as it previews the Q8

The German luxury car maker showcased the concept version of the Q8 - a model that's due to arrive in 2018 - at the Detroit Motor Show on Monday. It uses a potent but super-efficient plug-in hybrid powertrain, which Audi says could make production when the showroom-ready car arrives in 2018.

Some 28 per cent of drivers said they don't trust the new technologies and another 13 per cent find parking apps and websites too confusing to use. But a quarter say they didn't know they even existed.

Will house prices continue to rise in 2017?

Average property prices finished 2016 at a record high of £222,484, up by 6.5 per cent in December when compared to the same month in 2015, according to Halifax. However experts remain divided over whether price rises will remain robust into the new year or start to falter as Britain begins the process to leave the EU and buyers grapple with ever-higher asking prices.

Average household disposable income jumped to £26,300, almost £1,000 more than pre-financial crisis levels, the Office for National Statistics said.

Bovis Homes, whose chief executive left abruptly on Monday, was willing to pay its customers as much as £3,000 to complete deals by December 23 - even if the home was not finished.

Old Mutual boss Richard Buxton on how to run an 'active' fund patiently

In our series giving personal investors an insight into how the professionals do things, we spoke to Richard Buxton, manager of its Old Mutual UK Alpha fund. He says patience is the key to his approach, because once convinced of the case for investing in a stock he tends to hold it for a very long time.

My father died and now my stepmother is leaving everything to her children

My father passed away in 2010. His second wife is 85 and still living in the house they bought. My father's half was left to myself and two sisters, possibly grandchildren. Now my father has passed away my stepmother is saying we will not get anything and everything will go to her two adult children. Is there anything we can do?

Yorkshire BS offshoot, Accord's limited offer of £1,000 for borrowers taking an offset deal is intended to raise awareness of the benefits of offsetting your mortgage.

Vintage jewellery is increasing in value faster than house prices, according to the latest research. Experts say many people have no idea of the true value of the old jewellery they possess.

Rolls-Royce pledges its future to the UK, after near record year

Rolls-Royce has reiterated its commitment to Britain, regardless of Brexit, after the German-owned luxury car maker posted its second highest sales figures in a century. The West Sussex-based firm - which is owned by BMW - sold 4,011 cars in more than 50 countries in 2016, up six per cent on 2015.

The iconic VW camper van has been reborn, this time powered purely by electricity. It's the second in the upcoming 'I.D.' sub-brand the German car maker hopes will repair its flagging reputation.

Korean car maker Kia has revealed its a powerful new 170mph coupe-style sports saloon called the Stinger, to take on Germany's Audi, BMW, Mercedes and Britain's Jaguar.

Towns where house prices rises can cover your commuting costs in days

Homeowners in Esher, Surrey, commuting into London fared best as their homes' rising value paid for their annual train travel in just eight days, but other towns also saw house price gains pay off. Esher knocked Solihull in Birmingham off the top slot in the annual study of house price rises vs commute costs by property website Zoopla.

How to turn your idea into a business: Five tips to get started

If starting a business is something that's on your mind, 2017 could be the best year yet to give it a go, as costs are low and it's perfectly possible to build one in your spare time. Emma Jones, of Enterprise Nation, gives us her five tips for turning an idea into a business.

A woman in a driverless car

New expert research said that delays on motorways and major roads during peak periods are expected to rise by 0.9% once a quarter of the nation's vehicles go self-driving.

Our six steps guide to make a profit from decluttering your home

Buried deep among that pile of unwanted festive gifts, overflowing storage boxes and never-used 'essentials' is an opportunity to make money. We show you how to make a profit from decluttering your home, as Bev Martin, pictured, did with her £40 clocks made from bike gears.

The sterling exchange rate with the Brazilian real showed the biggest sell-off but the pound lost more than a quarter of its value against nine other global currencies, including the Russian rouble,

I went ahead with the property sale abroad, believing that clearing the draft would take about five days. But when I went to the branch with the draft, I was told it would take four to six weeks.

The six-point plan to help supermums get financially fit in 2017

Of the 14million women at work in the UK, more than two million are now breadwinners - of whom two-thirds are single parents. But stay-at-home mums are far from idle, doing the equivalent of a £30,000 salary in unpaid work and childcare every year, according to insurance firm Sunlife. So here is our six-point plan to help supermums get financially fit in 2017.

If you have been rejected for business funding by your bank, help could be at hand. Under the new government lending scheme, your bank must refer you to an alternative source of finance.

Top fund tips for 2017: From the US to Japan and UK

After the turbulence of 2016, many investors will be wondering what this year could possibly have in store for them. While markets are impossible to predict, we have gathered the views of some investing experts who have examined all the factors and picked a selection of funds - and an investment trust - that they believe could be winners in 2017.

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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Premium Bonds winners

January 2017
Prize value Winning bond No. Area
£1,000,000 246AD564653 Hampshire and Isle of Wight
£1,000,000 244PR471632 West Sussex
£100,000 95QV191662 North Yorkshire
£100,000 200BA464300 Hertfordshire
£100,000 19RC263145 Outer London
£50,000 34FS057524 North Yorkshire
£50,000 247ZK817797 Berkshire
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£50,000 122EE745522 Gloucestershire
£50,000 120EK701941 Overseas
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