Updated: 13:31 EDT

The AA is charging me £216 more than a new customer

The AA has said my breakdown premium will go up by £9 a month if I stay with it and this is £18 more than a new customer would pay for exactly the same policy. The price given is just a monthly sum, of £35, which covers my husband and me, but nowhere does it say how much I've been paying for the past 12 months.

Gervais Williams has carved out a reputation as one of the UK's best smaller company stock pickers. He gives us his tips and explains why private investors can have an advantage.

Getting into property development for the first time?

We don't want to use bridging finance as this seems really expensive, but we would be looking to sell the property after we have done the refurbishment - can we get buy-to-let mortgage to do this?

Nationwide Building Society is offering 'loyal' members two 'exclusive' savings rates that can be easily beaten in the best buy independent This is Money savings tables.

The Financial Conduct Authority's two-year probe into Britain's £7trillion asset management industry resulted in it backing a new 'all-in' fee but the report largely sidestepped performance fees.

Which banks are offering the lowest fees, in-credit interest and best free perks? This is Money's five favourite business banks for start-ups

The auto-enrolment initiative begun in 2012 has made it compulsory for employers to sign up eligible staff to a pension and pay in 1 per cent of their salary unless people voluntarily opt out.

For current account rewards and interest conditions may apply eg. using provider's full switching service, min deposits and direct debits. For savings, access maybe limited, min/max deposits may apply. See T&Cs.; Representative example: If you spend £1,200 at a purchase interest rate of 18.95% p.a. (variable) your representative rate will be 18.9% APR (variable).*Price after 12 months is £40 , £20 activation fee.





MARKETS CLOSE: London shares in red and pound at $1.28

The FTSE 100 fell 40.27 points at 7329.76 in what has been another slow mid-summer session. Investors heard little from Bank of England policymakers Andrew Haldane and Ben Broadbent about a possible rate rise. Haldane caused a stir a couple of weeks ago when he stated that he considered voting for a rise in interest rates at last month's Bank of England meeting.

M&S; boss Steve Rowe said that shoppers are 'very much shopping for now and cautious with their spend', as it delivered quarterly results.

Pearson is to sell a 22 per cent stake in its publishing unit Penguin Random House to Germany's Bertelsmann for around £776 million.

Price comparison website operator Gocompare.Com said it was well positioned for the rest of this year and forecast a 22 per cent jump in first-half adjusted operating profit

Britain's recent good weather has helped boost sales at Young's as pub-goers flocked to its gardens and river-based boozers.

Ryanair was due to launch routes to Kiev from London Stansted, Manchester, Eindhoven, in the Netherlands and Swedish capital Stockholm in October.

Can I take a quarter of my pension tax-free all in one go?

I am in the process of moving a defined benefit pension to another fund with a view to being in control of my money. My question is that I thought when it was moved I could take a chunk of cash 25 per cent tax free leaving the remainder invested? Then I read that for example if I took £20K, £5K would be tax free and £15K taxable, or is this something else that follows later?

Drivers face accelerating car insurance costs with prices rising a whopping £100 in just four months, comprehensive data suggests.

If we take the cash amount we will lose 42 per cent of the value but surely we should be entitled to the full amount if we take it in cash or vouchers?

HR Owen VIP reveal their collection of luxury hire cars

Think of it as a secret Batcave of high-end cars, but instead of being concealed beneath the grounds of Wayne Manor it's cocooned by high-rise buildings and the M4 motorway. It's the undercover hub of luxury car franchise HR Owen's VIP Services division that allows those with deep pockets to rent anything from a 600bhp Lamborghini to a swanky Rolls-Royce for a day, week or even months at a time. You can even choose the chauffeur that comes with it. Rob Hull paid it a visit.

One interview element many do not give a second thought to inevitably arrives, when the interviewer says: 'do you have any questions?' We get 23 expert tips on things to ask.

Dire warning on house market, data shows prices slipping

Fresh signs of a slowdown in the housing market are expected this week when one of the most highly regarded barometers of the sector is released. The UK Residential Market Survey from the Royal Institution of Chartered Surveyors is seen as one of the best lead indicators of house price movement. It is expected to show a dip in the balance of members reporting house price rises.

Dale Vince, the millionaire founder of windmill owner Ecotricity, (pictured with designer Vivienne Westwood) is battling to become a non-executive director of Good Energy Group.

Rightmove's most expensive homes for sale

Imagine having an unlimited budget to buy a property anywhere in the world. What house would you pick? These homes revealed in exclusive research by property website Rightmove could be yours if money really was no object, including, clockwise from top left, a six-bed house in Australia, a seven-bed villa in Thailand, an eighteen-bedroom mansion in Italy, a ten-bed villa in Morrocco, a six-bed house in Brazil, and a eleven-bed house in California, USA.

I.T. writes: In November 2015, I received a cold call from Imperial Collectables Limited, which I have regretted answering ever since. They persuaded me to invest my savings in art.

Get up to speed with the best fibre broadband deals

Woefully slow broadband is the bane of many households. A recent report from consumer group Which? identified 11 local authorities where broadband speeds do not reach a proposed legal minimum of ten megabits per second. But for many, there is an answer. It is called fibre optic broadband, the latest evolution in broadband technology. Where it is available, prices for this kind of superfast broadband are coming down while speeds are going up.

Financial watchdogs are spearheading a clampdown on reckless car finance firms and may force them to stop ordering the installation of controversial 'kill switches' in new vehicles.

How to make money and great music from vintage hi-fi

Equipment that was thrown away as obsolete junk just a few years ago can fetch hundreds - sometimes even thousands - of pounds. Renewed sales of vinyl passed three million for the first time in 25 years this year. Enthusiasts keen to find something suitable to spin their new discs on are turning to old players that were previously just cluttering up the house or collecting dust in the attic.

The gig economy is going to get some regulation, and it should do. But there is a real danger it will get the wrong sort and end up damaging the interests of the very people it is supposed to support.

Millions of holidaymakers booking self-catering accommodation rely on property owners to stick to promised arrangements. Elaine and Sean Feast's booking was cancelled six months after it was made.

The top 10 used executive saloons for under £10k

They may be being nudged out of the family wagon picture by the SUV, but pick a classic junior executive-style saloon and you can't go much wrong. They're usually quite luxurious while neatly balancing decent power and performance with economy. Add in a fair bit of space, lots of kit and often a premium badge, and you have a desirable car that is usually out of reach. But not here. For a budget of £10,000 you could have any of these, our top 10 choices.

From 2019, every new car Volvo launches will have some form of electric motor, marking 'the historic end' of vehicles that have only an internal combustion engine; diesel or petrol.

Jaguar's E-Pace is due to be shown for the first time on July 13. It will sit beneath the bigger F-Pace in the range - a car that's been a monumental success for the British marque.

Many opt for funeral plans

A prepayment funeral plan can take much of the worry out of financing a send-off - but almost half the money paid out can be pocketed in administration fees and commission. Someone who puts aside £3,900 - the average cost of a funeral - might end up with just £2,300 to fund it after £1,600 is gobbled up in charges. The provider might then hand over up to £800 of its cash share as payment to a salesman.

Students are not given independent financial advice when they sign up for this borrowing - but are simply sold the idea they are cheap.

The European chief negotiator for Brexit, Michel Barnier, has singled out Airbus as one of the firms which could be badly damaged by a harsh exit for Britain from the EU.

City abuzz over Archie factor that could boost M&S 

Marks & Spencer has had its critics over the years - and I have been one of them. But change is afoot and it could be that Britain's best-known high street chain is about to turn the corner. The company has struggled to fend off clothing rivals in recent years and a decade-long view of its fashion division suggests little more than stagnation. But the group has a relatively new chief executive and with more change at the top on the horizon there is a chance it will breathe new life into the company and its stock market valuation.

Logisitcs group Wincanton has delivered well for Midas, despite a recent sharp dip in the share price.

A recent edict from the City regulator should result in lower fees on funds run by the biggest investment managers.

A wealthy hotel owner has announced an audacious bid to build Heathrow's third runway - claiming his plan would be £6.2bn cheaper than the airport's current scheme.

Carol Smilie signs global deal for Pretty Clever Pants 

Carol Smillie, the former presenter of BBC home makeover show Changing Rooms, has signed a global licence deal with television shopping channel High Street TV for her range of underwear. In 2012, she launched DiaryDoll - women's underwear with a waterproof layer designed to help those with the worry of heavy periods.  When she launched it with TV presenter and former tennis player Annabel Croft, she said: 'We think we have come up with a glamorous product in a very unglamorous sector.'

iSmash, the high street tech repair business, expects to more than double its turnover from £6 million to £13 million this year through an ambitious UK-wide expansion.

Business confidence is down by nine percentage points compared with the start of the year, according to a survey seen exclusively by The Mail on Sunday.

The Taylor Review on modern employment practices, which is expected to be published this week, was commissioned to investigate the boom in self-employment.

The number of cyber attacks targeting UK-based businesses increased by more than half in the second quarter of 2017, according to a new report.

Foreign predators snare £121bn of British giants

The figures, which include deals for Belgian Anheuser-Busch InBev's £79bn takeover of brewer SAB Miller and Japan-based Softbank's £23.4bn buyout of technology firm ARM Holdings, are revealed as US giant Vantiv makes a £9bn swoop for payment firm Worldpay. It is sparked a fresh row over UK takeover rules, with MPs warning crucial British companies are being snapped up on the cheap by their foreign rivals.

 Investors in Marks and Spencer will be looking for signs the retailer has turned a corner under boss Steve Rowe.

Michelmersh Brick Holdings has won a contract to supply 440,000 purpose-made bricks that match the existing ones at the site on the banks of the Thames in London.

AS Weston will open 30 more Superdrug stores, 45 more Savers stores and 17 new Perfume Shops. The move comes despite a slump in the high street market due to online shopping.

The firm, which floated on AIM at 100p per share last June, saw its profits leap 29.3 per cent to £7.4m in the year to the end of April, from £5.7m the year before. Sales jumped 14.2 per cent to £135.1m.

Showtime as events firm goes on sale for £600m 

The organiser of some of Britain's biggest shows, including the House & Garden Festival and Olympia Horse Show, has been put up for sale with a £600 million price tag. The Mail on Sunday understands Clarion's owner, Providence Equity, has hired HSBC and US investment bank Moelis to sound out buyers.

Low-cost grocer Lidl is ramping up its expansion plan by opening between 50 and 60 supermarkets a year for the next two years as part of a £1.5bn investment into the UK.

TalkTalk Telecom's chief financial officer Iain Torrens will step down this year, continuing the reshaping of the British company's top team.

The gig economy is going to get some regulation, and it should do. But there is a real danger it will get the wrong sort and end up damaging the interests of the very people it is supposed to support.

UK building and services firm Carillion has issued a warning revenue will fall short of expectations, sending its shares sharply downward.

Could cars sold on finance trigger a financial crisis?

The sheer number of new cars - and fact most people don't have a spare £30,000 to spend on one - means the finance boom won't have escaped many people's notice. But if buyers can't afford it, that's their problem isn't it? So why has the Bank of England joined the list of people worried about all this The clue is that it's not the borrowers it's concerned about, it's the lenders.

Research from personal finance site Moneyfacts has found that the current average fixed rate mortgage fee now stands at £1,018 - up from £986 recorded last July.

The original car - then called the Nuova 500 - first emerged from Fiat's Turin production line in July 1957. Six decades later and the reinvented 500 is one of the world's best sellers.

UK house prices rise at slowest annual pace in four years

House prices fell by £2,125 last month, the equivalent of £70 every day, new figures from Halifax suggest. Activity in the property market has been muted in recent months as a squeeze on household finances and stamp duty curb people's appetite for moving home or investing in buy-to-let

Asking rents outside London rose 2.8 per cent between April and June, even though the number of available homes was 7 per cent higher than the same period last year.

MONEY MORALS:  Is it worth £9,000 a year to study at uni

A parent has written to us to ask This Is Money readers whether the cost of a UK university education and the career prospects in post-Brexit Britain mean he should move abroad to study and start a career in Europe.

My brother changed locks at property we own jointly

Over 20 years ago, my parents gave their home to both me and my brother. My mother has now passed away and my father is deceased. What happens with the selling of the property? So we have equal rights and what can I do about my brother changing the locks?

Should state pension be means-tested if you're on £45k+?

Cuts in payouts to wealthy pensioners should be introduced gradually from 2019, because otherwise the state pension age will have to rise for everyone, argues an academic study. Some form of means-testing of the state pension is necessary to make it affordable for future generations and fairer for those with lower life expectancy, it says.

Investors buy the properties with no intention of renting them out. Instead, they keep them empty with the aim of selling them on in pristine condition for a higher price.

HSBC launched the UK's lowest ever new tracker rate mortgage at just 0.99 per cent, as it fired the latest salvo in the battle to tempt homeowners.

My lender wants me to repay my mortgage by the time I'm 75

Whereas five years ago, lenders would look at your income and let you borrow on a multiple of that, now they have to assess whether they think you can afford to repay the loan. You do still have options though. Many of the smaller building societies now specialise in cases just like yours.

Around 34 per cent of people believe that in about 20 years cash will no longer exist as mobile and contactless payments become increasingly popular.

Around 75,000 school leavers plan to spread their wings at the end of the term, heading off on a gap year before they start their studies at university. But are your kids properly prepared for their travels?

Where next for the US stock market?

The consensus on the US stock market at the moment is that after this strong run over recent times it is now 'expensive' relative to other markets in terms of how the price of shares compares to the earnings of the companies. Many investors both professional and personal see this as being time to cash out to some degree.

So-called non-farm payrolls - a key measure of the health of the world's biggest economy - jumped by 222,000 in June.

The stock was up around 2 per cent in early trading in New York, having been hammered in the week when Swedish rival Volvo revealed all of its cars will be fully electric or hybrids from 2019.

Should self-employed see 4% of profits put into pensions?

An opt-out system - placing business profits straight into a pension - is being pushed for because only one in seven of the UK's 4.8million-strong self-employed workforce is doing this at present. That means many will simply be unable to afford to retire, warns a report by pension giants Aviva and Royal London, which arrives as the Government confirms plans to include self-employed savers in the auto-enrolment system for workers.

An overhaul of the popular incentive, which allows everyone to save for retirement out of untaxed income, has dangled over the heads of savers since the Tories considered it before the Brexit vote.

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?

For current account rewards and interest rates conditions may apply eg. using provider's full switching service, min monthly deposits and direct debits. For savings, access maybe limited, min/max deposits may apply. Always check T&Cs.;

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.

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.

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.

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

The amount you can save into a pension ultimately depends on what you can afford - but the longer you leave it the more you will need to save. 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?

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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.

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.

When will UK interest rates rise?

Worries over debt in the economy have been raised in the latest bank Financial Stability Report in the wake of fresh speculation that interest rates may rise sooner than most expect. The latest MPC meeting led one investment bank, Nomura, to suggest a rate rise could come as soon as August. Economist George Buckley said comments from Bank chief economist Andy Haldane's and the 5-3 split made an early move more likely.

What next for mortgage rates?

Borrowers are being offered a raft of cheap fixed rate mortgages as lenders attempt to lure them into remortgaging or buying a home. But HSBC has decided to buck the trend and launch a new rate mortgage that is a tracker instead. We pick out the best fixed and tracker rate mortgages and look at what next for rates.

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

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.



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Swedish Krona 10.5846 Buy Now
Swiss Franc 1.2178 Buy Now
Thai Baht 42.3858 Buy Now
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