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John Edwards was killed off by TSB and his accounts cancelled

The computer meltdown at crisis-hit TSB, now entering its eighth week, has not just caused chaos among customers unable to access their bank accounts, exposing them to fraudsters. It has also 'killed off' hundreds of its customers. One such victim is John Edwards. pictured.

Sainsbury's linked the £4,000 I borrowed to my Sainsbury's credit card. I am now charged interest at 16.94 per cent on all purchases unless I pay off the full amount.

How do I buy a property abroad and what are the pitfalls to avoid?

Buying a property overseas is a life-long dream for many people looking for sun, relaxation - and perhaps a place to retire. Some will plan on basing themselves abroad for a few months of the year while others will want to relocate permanently. Many will pick spots on the Continent though some will venture further afield. Whatever you decide, unless you plan carefully those dreams of owning a place in the sun could soon turn into a nightmare. Here are some of the potential problems and pitfalls you need to be aware of.

Bosses at House of Fraser will meet MPs on Tuesday as the chain heads for crunch meetings with landlords to avert collapse.

The bank claims the unnamed group has 'actively declined the rights of members of the transgender community', sparking a furious backlash from British activists.

The 73-year-old media mogul, who denies allegations that he used a prostitute paid with money from his former firm WPP, said he would work at his new company, S4 Capital, for up to seven years.

Five Tory MPs are urging the Government to probe a group set up to sue RBS on behalf of small investors following a Mail on Sunday investigation.

EDITOR'S DEALS OF THE WEEK
* Sharia-compliant account pays 'expected profit rate', £50 bonus to fund account ** covered by the French deposit guarantee scheme not FSCS. 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).

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DAILY BRIEFING: Virgin Money tipped for a £1.6bn takeover by CYBG

Lender Virgin Money is expected to agree to a £1.6billion takeover proposal from Clydesdale and Yorkshire banks owner CYBG. The deal, if agreed today, could see up to 1,500 jobs go and create a bank with assets of more than £70billion and more than six million customers. In other news, engineer Rolls-Royce has filed a patent for an electric engine, under long-term plans to find alternatives to the jet engine. Boss Warren East has just announced a further 4,600 job cuts, saying he is trying to make the firm fit for the future.

Coca-Cola is believed to be considering a bid for malted milk drink maker Horlicks. It has held early talks with Horlicks owner GSK.

About 700 bosses at Sky are set to share a windfall of around £350million from the expected takeover of the broadcaster.

Analysts at HSBC think it is time to buy shares in the pest control, hygiene and property services company Rentokil.

Fashion chain New Look’s ambitious plans to open 500 new stores in China are under review as the company battles woes on the UK High Street.

Shareholders in Russian gold-miner Petropavlovsk have been urged to back the board against a coup attempt.

How to go to a music festival without spending a fortune

The music festival has come of age. It is no longer about muddy fields, poor toilet facilities and flower power. It is a slickly run industry with more than a hundred events nationwide from which to choose, catering for a wide range of tastes and budgets. Here, we look at how you can experience festival season without having to dig too deep. One option is to join the army of volunteers and paid workers required for concerts, providing everything from first-aid, media support, through to litter picking. Student Napsugar Bardocz (pictured) gets to enjoy festivals for free by offering support to bands and working as a talent scout.

While the society's commitment to customer service par excellence stands it apart from many competitors, this positive is blemished by what goes on in the boardroom.

Former TalkTalk boss Dido Harding is about to return to the stock market. Baroness Harding, a Conservative peer, is to be a senior independent non-executive director at Mind Gym.

The couple who blew the whistle on the fraud at HBOS Reading last night piled pressure on Lloyds to release a secret internal report into the scandal.

BT closed last week at 210¼p, having fallen from a high of more than 1,000p in 1999. The firm has faced a rapidly changing market, stringent regulation and an onerous pension deficit.

How to unlock cash with a home reversion plan

Dwindling pension pots mean the number of retirees tapping their properties for income is expected to rise by nearly 50 per cent over the next decade. Research compiled for The Mail on Sunday reveals that one fifth of over-50s - around 3.9 million people - are planning to solve a cash crisis in retirement by downsizing, making use of buy-to-let property or borrowing against the value of the family home. Borrowing, commonly known as 'equity release', is rising in popularity. Unlike a conventional home loan, equity release does not require a borrower to pay any monthly interest charges. Instead, the interest charges roll up into the loan with the final debt usually cleared when the homeowner dies or goes into long-term care.

Peter Hambro, dubbed 'Goldfinger' in the City, founded the London-listed firm 24 years ago. The 73-year-old was ousted as chairman last summer but remains a shareholder.

A Tory donor and scion of the KP Nuts dynasty is embroiled in an extraordinary row over the fat-cat pay handed to two of his sons.

Although some 6,000 miles separate their working desks, Richard Titherington and Ayaz Ebrahim seem to make a good investment partnership.

Their hit Don't Stop Me Now was named by scientists as the world's happiest song and the three surviving members of Queen are taking its message to heart.

City boss Rupert Hambro talks about his ‘third career’ at Hambro Perks

Rupert Hambro, now halfway through his 70s, is the fifth generation of one of the most distinguished City dynasties. But far from fading into fusty retirement, he and his much younger business partner Dominic Perks, 40, are backing a wave of start-ups, including a dry cleaning app for busy people and a dating agency for Muslims. He sees it as fusing the traditional Square Mile with the brave new world of tech.

Last time around, two members of the monetary policy committee voted to raise the bank rate to 0.75 per cent, while the remaining seven voted to hold.

Tesco is simplifying shelves, boosting its own-label offer and slashing the number of suppliers it works with over the next two years, under a shake-up dubbed Project Reset that started in 2015.

Get 50p off your coffee, £5 off at M&S, free beauty, and Apple discounts

Following large-scale plastic campaigns, using recyclable products and avoiding those which will end up in landfill is now becoming much more common. There are also bonuses to take advantage of when recycling and several large high street chains offer discounts and freebies as a reward.

The upmarket showroom opposite the Ritz in London's Mayfair has been the scene of many celebrity launches and star-studded parties for the German car-maker.

With a BCA there is a one-off flat fee to pay which is agreed upfront, with no interest, penalties or other charges.

Since a series of bumper deals to build its robotic warehouses around the world Ocado shares have soared 92 per cent in little over a month to £10.49.

More than 250,000 savers will get thousands of pounds each as insurance company Equitable Life is shut down after 256
years and its assets absorbed by its rival Reliance Life.

Woodford has been one of the largest shareholders in Stobart Group, with his Woodford Investment Management holding 20.4 per cent, for more than a decade.

A boom in house prices has squeezed out millions of families, leaving them no option but to choose smaller, 'hutch' properties, the estate agent Savills said.

Sir Geoff Hurst's Ferrari 550 Maranello for sale as World Cup starts

On the same day the 2018 FIFA World Cup kicked off in Russia, Sir Geoff Hurst's Ferrari 550 Maranello, worth £110,000, has been advertised for sale on Auto Trader.

Aston Martin bosses described the new Rapide AMR as the company's 'most extreme four-door sports car' with acceleration from 0-60mph in just 4.2 seconds.

Up to 1.5million customers are believed to have signed up for the service in the late 1990s and early 2000s. Wills were typically offered for as little as £75, or even free.

With 2% of UK housing designed for older people more affordable retirement schemes are

With just two per cent of UK housing designed specifically for older people - much of which is priced at the higher end of the market - the pressure is on to build more affordable retirement schemes. In March, the normally pricey retirement-housebuilder Audley secured planning permission to begin work on its first affordable scheme, Mayfield Villages. The site, in Watford, will offer 253 one-and-two-bedroom apartments priced from £262,500

UK Oil & Gas Investments added almost 50% yesterday after UK authorities gave it the green light to kick off the next round of testing at the Horse Hill discovery in south-east England

How to find deluxe coach travel at peak times for £2 to £15 a ticket

A new app has been created to try and solve the travel crisis in the UK and it's designed to match up those wanting to travel, with empty coaches. But instead of using dilapidated old coaches which will take you the best part of a day to get anywhere, it only uses high end luxury private coaches, which are picked based on customer reviews.

Britons struggle to figure out how much money they need to retire on

Nearly 40 per cent of people across Britain are worried about their ability to retire comfortably, with many having no idea how much they are saving into their pension. Worse still, 13 per cent admit to having no pension savings, while more than a quarter of those who are saving for retirement have no idea exactly how much they are amassing.

anager Nick Greenwood aims to beat three-month Libor, the interbank lending rate, by 2 per cent over the long term. He does this by primarily investing in other funds, rather than shares.

The engineer soared by as much as 13pc in early trading yesterday despite saying issues with its Trent engines would set it back an extra £100m.

The best way to exchange currency before you go

If you're travelling to destinations such as Stockholm in Sweden (pictured), new research has shown you're more likely to rely on plastic as 81 per cent of holidaymakers chose a card over cash. For those going to Norway the number was similarly high, with 77 per cent choosing to use cash rather than a card while for Finland it was 71 per cent. Those travelling to Cambodia were most likely to pay for cash rather than a card, with 93 per cent opting for cash.

In this week's This is Money podcast, the team get to the bottom of why the housing market is coming to a standstill and reveal the truth about the Paddington Bear 50p coin 'worth thousands'

In 2014, we put two fantasy fund portfolios for the Brazil World Cup to the test - a globally-focused team from Hargreaves Lansdown and a UK-geared first eleven from Tilney.

Along with money for big items such as a wedding, parents are also regularly paying out for groceries, holidays and new clothes.

When Poundworld crumbled into administration earlier this week, it did more than add to the ongoing narrative of high street carnage. It raised questions over the value sector.

Is your state pension correct? Government admits data bungle

A huge ongoing clean-up of old pension data has uncovered errors in work records stretching back decades. Those who have received too much state pension will not be forced to repay the money, but they will face reductions to future payments. Those underpaid will receive back payments and future increases, but not interest or compensation.

NS&I; has dealt wealthy savers a punishing blow by slashing the amounts they can squirrel away in its popular Guaranteed Growth Bonds from £1million to £10,000.

What is inheritance tax and how do people avoid paying it?

Rising numbers of estates are subject to inheritance tax and increasingly even those who don't consider themselves wealthy find they are affected by it. But what is it and how does it work? On this episode of the Big Money Questions, Wealth Club founder Alex Davies explains what it is and how it works. He explains who has to pay and when, and how it is calculated - all of the nitty-gritty.

The introduction of Universal Credit has taken years longer than it should, it may cost more than the old system it is replacing, said the scathing National Audit Office report.

Small business customers at the RBS Group may be left scratching their heads after its chairman hinted it is closing branches in order to force them elsewhere - but here's what is going on.

London's ULEZ is free for Bentley 4x4s but bad for classic cars and trusty old vehicles

Own a Bentley Bentayga or a brand new BMW company car and you'll be fine with London's new huge ULEZ - drive a five-year-old Ford Focus or a classic car and you'll get clobbered. Most of you won't live in London, so you may think 'why does this even matter to me?' It matters because this is a sign of things to come. Where London leads cities and towns across the UK will follow.

The price cap is set to help the 11 million consumers who pay for an expensive standard variable tariff by reducing their bills by up to £100 per year.

Investing Show: What is happening to house prices and the property market?

The property market is slowing and house price inflation has eased back but is this just being driven by London and the commuter belt? The property market has history of following where London leads - meanwhile, buy-to-let is no longer bolstering prices. Andrew Montlake, of Coreco, joins the Investing Show to explain what is happening.

What Moya Greene stands to collect AFTER quitting Royal Mail

Moya Greene, 63, stepped down as chief executive at the start of June but continues to be paid. She is also in line for bonuses and shares - as well as cash for flights to her native Canada. And she will collect a near £1m pay off from the postal service - taking the total she can collect having relinquished the top job to as much as £2.6m.

The failed effort of the US Justice Department to obstruct the £63billion merger of telecoms provider AT&T; with Time Warner was as much political as economic.

Rolls-Royce has warned that it could incur £100m of additional costs after discovering technical issues with its engines

Stobart Group, owner of Southend Airport, and its ex-boss Andrew Tinkler are suing each other in a spat that has dragged in some of the City's biggest names, including fund manager Neil Woodford.

Stobart Group, owner of Southend Airport, and its ex-boss Andrew Tinkler are suing each other in a spat that has dragged in some of the City's biggest names, including fund manager Neil Woodford.

Britain's biggest retailer bagged its tenth consecutive quarter of growth as same store sales rose 3.5 per cent in its first quarter.

Iceland suffered falling profits last year as the value-end supermarket invested in making price cuts to keep pace with the ongoing grocery price war.
It was also hit by supply chain issues.

Just three months after Melrose's hostile takeover of engineer GKN, now the asset

Asset-stripper Melrose has fired the starting gun on its sell-off of engineer GKN. Bosses are plotting to kick-off the sale of its powder metallurgy division potentially as soon as this autumn, according to reports. The business accounted for about £1.1billion of GKN’s £10billion sales in 2017. It is thought it could fetch between £1.5billion and £2billion.

Number of homes coming up for sale slowly on the rise as house price growth remains

While the flow of homes coming onto the market has slightly increased, the number of homes on estate agents' books remains close to an all-time low at just 42. Remaining cautious about the outlook for the housing market, Rics said it was 'unlikely to gain impetus, at least in the near-term'.

House prices have hit a fresh record high in the UK but property inflation has slowed to its lowest level since March 2017, according to official figures.

Property website Zoopla has analysed the most popular search terms on its site and the word' detached' tops the list, followed by 'garage' and 'bungalow'.

Homeowners duped by lawyers into paying 'extortionate' ground rents on leaseholds

In some of the worst cases, freeholders were then slapping homeowners with fees to make elementary amendments to their own homes - £252 to own a pet or £60 to put up a doorbell.

The 10ft by 16ft hut at Mudeford Sandbank in Christchurch, Dorset, is equipped with heated running water, a cooker, fridge/freezer, lighting - and even has its own toilet.

National Savings & Investments slashes its savings cap from £1m to £10,000

People who take out new Guaranteed Growth Bonds and Guaranteed Income Bonds over one or three years will be able to deposit only up to £10k - down from £1m previously. The 1.5% interest rate for the one-year bond and 1.95% for the three-year bond stay the same. It is a new blow to savers struggling with low rates.

How house prices have performed against the stock market

Research reveals residential property has not given the best returns over the past 23 years - the average time over-65s have been in their homes - but it isn't far behind the leaders. The value of our homes has risen by 6.32 per cent a year on average since 1995, according to the Nationwide House Price Index.

THE PRUDENT INVESTOR: Woodford was my first investment - but now even I'm selling up 

How do you solve a problem like Neil Woodford? When this 'star' fund manager set up his own investment house, many of us piled in, seeking the dazzling returns he'd delivered throughout much of his career. But Woodford as a solo act has been disappointing. After an initial flourish, a run of bad news has brought howls.

ASK TONY: Farcical Virgin Media can't decide if I'm deep in debt or owed hundreds of

I was paying Virgin Media £103.96 per month and knew this was very high so decided to leave. The retention team offered me a new deal at £56.62 per month, upgraded my internet and added 12 months of free line rental. Then, £203.27 was taken by direct debit when I was on holiday. At the same time, I received a credit note for £299. Virgin said the £299 should have come off my invoice and that it would send a cheque.

We have uncovered a statement made two years ago by Simon Kirby in the aftermath of the devastating U-turn that denied five million savers the opportunity to cash in their pensions

The price of bitcoin has tumbled to its 2018 low today and means that those who invested in December now may face an anxious wait to see if it can reach previous peaks.

Victory as banks launch Death Notification Service for the bereaved

Bereaved families can now inform all major banks of a loved one's death in a single step, thanks to a pioneering service launched today. In the years leading up to our Looking After Your Legacy campaign, we reported on several heartbreaking cases of readers' terrible experiences with banks after a loved one had died.

Homes in the same postal district as a Waitrose cost £43,571 more than those in the wider town they are situated in on average, followed by Marks & Spencer, with a premium of £40,135.

Embarrassment for Royal Mint as student finds Paddington Bear 50p coin in her change

The Royal Mint has been accused of a massive blunder after a college student found a Paddington Bear 50p coin that has not yet been released in her chain - and it demanded it back, This is Money can reveal. The Mint, based in Llantrisant, South Wales, faces embarrassment after the Paddington Bear coin was found in change by a student via a shop in near-by Caerphilly.

Travellers can claim a payout if a flight is delayed more than three hours Now passengers taking two or more flights to a destination have the same rights as those who fly directly.

Well, what do you know? The banks can get it right if they lay aside their rivalries to fix industry-wide issues such as the rigmarole involved in reporting the death of a loved one.

The easy-access account and cash Isa, both at 1.02 per cent, come with an unusual guarantee to pay 0.52 percentage points over the Bank of England base rate for two years.

Customers do not have to type in their long card number. Instead they can press a button leading to the NatWest banking app and log in using a fingerprint or with a password.

Can I be made redundant while on maternity leave in the UK?

There have been a number of redundancies at the company I work for and I'm now worried my job may be next. Is it legal for a company to make someone redundant while they are on maternity leave?

When will UK interest rates rise?

The Bank of England's Monetary Policy Committee kept interest rates on hold at 0.5 per cent, in spite of forecasts of a 90 per cent chance of a rise just three weeks ago. Policymakers voted 7-2 for a hold, with the two members who called for a rise saying that they believed there were 'upside risks' for inflation.

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?

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.

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: Essential advice for property investment

Buy-to-let is much tougher than it once was. A tax crackdown on buying properties and a tax raid on the rental income from owning them has seen to that. But for many Britons the idea of investing in property still appeals, as they trust bricks and mortar and may feel that they can add value to a property. Read our top ten buy-to-let tips

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Updated 18 Jun 2018.
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