Jobs are under threat at Carpetright after the floorings retailer confirmed reports that it was 'exploring' a company voluntary arrangement to keep the business afloat. B&Q; owner Kingfisher revealed that annual profits had tumbled more than 10 per cent, while a profit warning hit shares at suit tailoring retailer Moss Bros.
I work full-time as a carer for a young lady with profound emotional and learning disabilities. The SIM card was for a family member and was, I believe, obtained fraudulently. After consulting its legal team, EE refused to cancel the contract because the purchase had been placed more than two weeks previously.
FTSE CLOSE: Unemployment falls to 4.3%; Carpetright reveals plan to close stores; Moss Bros warns on profits; pound at $1.41
Retailers dominated the business news once again today. Struggling Carpetright has announced details of its plan to turn things around, with the closure of loss making stores the main element. Elsewhere B&Q; owner Kingfisher has reported a sharp fall in profits. The FTSE 100 closed down 22.30 points at 7038.97.
The competitions where top prizes are NEVER given away: Big brands like McCain and Onken use small print to avoid handing out wins
Shoppers are being lured into taking part in competitions to win prizes that are almost never handed out. Ourl investigation can reveal that well-known brands such as McCain oven chips and Onken yoghurt are using small print to withhold prizes. In the terms and conditions of some competitions, it states that the company may only hand out all the prizes if every single promotional code on its products, such as yoghurt pots or food wrappers, are entered into the competition website.
Revealed: Eight emerging scams you must watch out for over the next year including bogus Brexit investments and football World Cup fraudsters
Britons have been warned to be on their guard over the next year as fraudsters continue to create new ways of tricking people of their money. Bogus Brexit investments, dodgy World Cup football tickets and social media spying are some of the eight scams people need to stay vigilant over in the next year, NatWest says.
MARKET REPORT: Online gambling company 888 sinks as it says Auf Wiedersehen to Germany after web betting clampdown
A German court dealt 888 and rivals a blow last week when it ruled it was illegal for online gambling sites to operate in the state of Baden Württemberg, home to Stuttgart. The FTSE 250 firm has an opportunity to appeal the decision but it says it may pull out of Germany altogether. Analysts say the decision to leave could cost 888 up to 10 per cent of its earnings, although they believe that money could be made up in other markets.
Want a home for under £100k? Only one spot in Britain now has properties averaging below a six-figure sum...
Only one local authority area in the whole of England and Wales is yet to see average property prices pass the £100,000 mark, analysis claims. Blaenau Gwent in South Wales now stands alone out of the 348 local authorities, with Burnley having finally seen the average price of flat and house sales tip over the £100,000 line last year, according to property group Savills.
TONY HETHERINGTON: I recently received a PPI payout - but a claims management firm is unfairly trying to take a 39% cut
Last September, I received a letter from Halifax Bank of Scotland, saying I may be due a payment protection insurance refund following a new legal ruling. I applied online and ten weeks later I received a cheque. Now though, I have received a letter from a claims management company asking for a percentage fee due to its successful claim on my behalf. I had in fact made an unsuccessful claim through them some years ago and was astonished to find that the bank had told them about my own recent claim.
MIDAS SHARE TIPS: Join the Caribbean oil rush as Trinity Exploration & Production looks set to drum up healthy returns
At its height in 2014, Trinity Exploration & Production was valued on the stock market at about £150m and the shares were trading at 159p. Then the oil price slumped and the Trinidad-based oil producer found itself with too much debt, too many staff and a bloated cost base. Chairman Bruce Dingwall was forced to issue nearly 200m new shares as part of a comprehensive restructuring package. Today, Trinity's valuation has shrunk to £44mi and the stock is 15.5p.
Is the £11bn of UK savers' cash in Russia safe? Risks heighten amid political tensions and the threat of business sanctions
You need a strong stomach to invest in Russia at the best of times. Reports of widespread corruption and state-meddling in companies mean it can be a rollercoaster ride. But the risk to British savers has heightened amid claims it had a hand in the poisoning of former spy Sergei Skripal and his daughter in Salisbury. It may mean that you want to move your money out of Russia altogether - if not as a protest, but just as a pragmatic move to protect it.
How to save a fortune on the food shop: From 100 lettuce seeds for £1 to a crop of tomatoes on your windowsill, grow your own grocery list
Spring will soon be upon us - and it is already time to start planting seeds if you want an early summer crop of free groceries. Here, we help you draw up that grow-your-own shopping list. You can start growing tomatoes on your windowsill or in a greenhouse right now. Spend £2 on a packet of a dozen or so seeds and you will recoup that initial investment each time you pick some for a meal. With a single plant yielding up to 13 kilos of fruit in a season it can save you £30 - and the prospect of tastier treats than the watered-down excuses often found in the supermarket.
Moving house? Take a mortgage with you: How 'porting' can save you thousands (and help you not worry about fixing)
Spring often sparks thoughts of a house move - and questions over what to do with the home loan. But it is often the case that a home mover can take their existing mortgage with them - and save potentially thousands of pounds - in a process known as 'porting'. New research suggests widespread confusion surrounds this option. Two thirds of borrowers have not heard of porting and of those who have, one in five would not attempt it because of a dearth of information on how it works.
Forget millennials - cash in on golden oldies: Why you should be investing in pharmaceutical firms and cruise liners catering to the 'silver pound'
It may be too early to invest in the life-extending biotechnology firms being set up by Jeff Bezos and others. But Laith Khalaf, at Hargreaves Lansdown, suggests more down-to-earth investments for anyone wanting to benefit from an ageing population and longer lifespans. He said: 'AstraZeneca and GlaxoSmithKline are pharmaceutical firms that look set to benefit. And insurers like Legal & General or Aviva, and asset managers such as Standard Life Aberdeen or Schroders, could see exposure to new pensions freedoms.'
A £600,000 deposit, monthly payments of £26,000 and £1.8M to pay at the end - how the mega-rich finance the most exclusive supercars
You've probably seen the finance deals offered by car manufacturers in TV adverts saying you can have their latest models for as little as £100 a month. But how about £26,000 a month? That's just one of the deals put on the table for well-heeled petrol heads who enquired about financing a 200mph supercar launched at last week's Geneva Motor Show. But why don't they buy them outright?
What does £400,000 get a first-time buyer in the capital? Sarah Beeny heads to south west London to pick her bargain property of the month
Years of house price inflation mean that a nice two-bedroom flat for £400,000 can be a good deal in London, which is why Sarah Beeny, inset, picked this as her bargain property of the month. She describes as 'affordable' and 'ready to move into'. 'Properties that are this great, this affordable and this ready to move into are an absolute rarity in the capital these days,' she said.
Can I give my wife half my pension? I will retire on £20k a year and she has nothing: Steve Webb replies
I estimate when I retire I could have a pension of £20,000. My wife has nothing. She worked mainly part time whilst raising our children and now is the principal carer for her mother who lives nearby. Is there any way I can give my wife half my pension pot so that we can maximise our income by utilising two tax-free income allowances?
THIS IS MONEY'S FIVE OF THE BEST SAVINGS DEALS
Paragon pays 1.45% interest on its one-year fixed rate Isa account. Interest can be payed monthly or yearly. It requires a minimum deposit of £500.
The AA pays a top rate of 1.16% AER on its easy access Isa account. The account comes with a 12-month 0.96% rate bonus so remember to find a better account before the rate drops. Minimum deposit is £100.
Masthaven offers a Flexible Saver which lets you set your own term. It pays a top rate of 1.9% AER interest on its 18-month fixed rate bond. The minimum deposit is £500.
Nationwide pays a top rate of 1.4% AER variable interest on its Loyalty Single Access Isa Saver if you have been a customer for a year or more. If you make more than one withdrawal interest drops to 0.5%.
RCI Bank pays 1.3% AER variable interest on its easy access deal. Deposits in its Freedom Savings Account have no FSCS protection, but you are covered for up to €100,000 by the French equivalent (FGDR).
50 ways to save money: Simple steps to cut what you spend that could clear your debts or seriously boost your savings
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.
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?
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.
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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|Updated 21 Mar 2018.|
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