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Spotify races to 100m users: Music firm thrives despite vicious turf war with its rivals

The milestone is an early victory for the Swedish firm amid fierce competition from rival services run by Apple, Google and Amazon. The company revealed revenues had surged by 33 per cent to £1.3bn in the first quarter and losses narrowed to £146m – a better result than analysts expected. But the pressure on the New York-listed business is set to increase after Google and Amazon both unveiled free versions of their music streaming platforms this month. Songs by Ariana Grande (pictured) were streamed 3 billion times in 2018

The battle for control of sub-prime lender Provident is being speeded up. John van Kuffeler and his team at Non-Standard Finance are asking investors to make up their minds by May 15.

Can I recover money I spent paying off my ex's debts?

In December 2017, I inherited money from my late grandad, but my ex bullied and threatened me into using it to pay off his store card accounts, credit card, his council tax and other bills - all of which are in his name and nothing at all to do with me. Is there any way of getting any the cash he's coerced me to give him back?

Julia Medhurst, a former careers officer from West Sussex, was immediately suspicious - and It eventually turned she was due to get £129.66 a week - not £164.35 as stated.

The HM Revenue and Customs spent £26.3million on private debt collectors in 2018, more than four times higher than the £6.2million it spent in 2014, according to research.

By 2025, London could have five road charging schemes - all of which have different standards, operating times, charges and payment methods. Experts want one scheme to replace them.

I now have a paper state pension forecast of £164.35 a week. I spoke to someone at the Future Pension Centre who informed me that this was incorrect and that I would receive much less

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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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MARKET REPORT: Asos and Boohoo vie for the AIM junior market's 'big daddy' crown

Asos - founded by Nick Robertson, Andrew Regan and Quentin Griffiths in 2000 and listed on the alternative market in 2001 - has, for a long time, been described as AIM's big daddy. But Boohoo now appears to be vying for the crown with a quite stonking run that would have turned a £1,000 investment five years ago into £10,500. Yesterday, the shares closed 2.5 per cent, or 6.1p up, at 245.7p, though City broker Numis reckons the stock is worth 290p.

The search engine is facing growing efforts by Amazon to steal market share in a battle between the US tech titans. But analysts said the raid has not yet had any effect.

The Topshop tycoon, 67, is plotting a major overhaul of Arcadia's portfolio, which is expected to involve the closure of around 50 shops. A decision could be made as early as tomorrow.

Dennis Muilenburg, 55, has been criticised after two of Boeing's 737 Max jets crashed due to problems with their flight systems, killing 346. Shares have dropped 10 per cent.

Martin Clarke has stepped down and does not have another job to go to.He previously worked for private equity companies, where his robust approach earned him the nickname 'the sledgehammer'.

The supermarket is expected to post a further fall in sales when it publishes its full-year results tomorrow amid fierce competition from rival Tesco and discounters Aldi and Lidl.

I'm stuck in a leasehold house with doubling ground rent. Help!

I'm stuck in the leasehold trap and my ground rent is set to double every 10 years. I've since found out that the freehold has been sold on to a third party, who have been slow to respond to my enquiries. I've seen on social media that lots of people are in the same situation - what is the Government doing about this? And what can I do to get out of this situation?

The European Commission says that interchange fees, where the merchant's bank pays a charge to the cardholder's bank, result in higher prices for consumers.

Owners will be able to earn IOTA cryptocurrency credits through a 'Smart Wallet' system in exchange for enabling their vehicles to automatically share valuable data.

Has enhanced prize money in darts and snooker created a better standard?

The next best thing to being at a sporting fixture has to be going to a pub with a group of mates - but the number of boozers is dwindling. This week, broadcaster Georgie Frost and assistant editor Lee Boyce take a deeper dive into the world of 'pub' sports, namely darts and snooker.

I am looking to invest in Solaris Fixed Rate Bonds through Whitehorse Bonds, but is it too good to be true? I am assured that my capital would be safe, but I feel there must be some snags.

Inheritance tax: Five clever (and legal) ways to dodge death taxes 

Last week, it was revealed that inheritance tax receipts collected by Revenue and Customs rose to £5.4billion for the year to April 2019. This compares to £5.2billion the year before and £4.8billion in the year to April 2017. But analysis by financial services company Canada Life reveals this is likely to jump in future years - to £10billion a year by 2030.

Our survey among 25 top investment managers confirms that only a handful are prepared to reveal to investors up-to-date details of all the shares they hold in their investment funds or trusts.

Motorists are being exploited by oil companies to the tune of £2billion a year as a result of not receiving in full the benefit of lower wholesale petrol prices.

Don't fall for the big lie that you MUST pay in pounds on holiday 

British tourists are being bullied into paying more for food, drink or accommodation abroad by retailers insisting they pay their bills by card in pounds rather than the local currency. It is the latest twist on a currency conversion con that experts believe will cost holidaymakers £1.7million a day between now and the end of September. When paying by card at a cafe or shop, tourists are usually given a choice between paying in pounds or the overseas currency (typically euros).

To mark the 40th anniversary of Thatcher becoming Britain's first female Prime Minister, a sale of her handbags, jewellery and clothes is taking place at Christie's from Thursday.

Ex-minister Damian Green suggested that people make extra National Insurance payments. But the PM's spokesman distanced her from it and Labour said it would 'punish older people'.

TSB has made a firm cash pledge to customers, but will your bank refund you if you're hit

TSB is the bank that likes to say 'no' to fraud. But since it cannot guarantee to stop the crooks, it has pledged that customers who fall victim will at least not have to foot the bill. 'We will refund the money they lost from their account,' it declares in its multi-million pound advertising campaign promoting its new fraud guarantee refund. The bank is the first to take such a bold stance. Sceptics believe it is a public relations stunt to help draw a veil over an IT crash last year that left millions of customer accounts at risk of fraud.

And at a time of low interest rates - and poor savings returns - Nationwide's executives should be seen to be 'sharing' the pain.

They may not earn the fortunes that their rivals at major high street banks enjoy. But being the boss of a building society is a lucrative career.

The most fuel-efficient petrol cars you can buy

It's a well-known fact that diesels offer better fuel economy, meaning high-mileage motorists might still be better off with an oil burner. However, these frugal petrol models might change their mind. While most would expect the list to be dominated by super-efficient tiny city cars, the top 10 economical petrols What Car? has tested as part of its Real MPG measurements includes some family models and even an SUV. They include (from top left to right) the Skoda Citigo, Suzuki Ignis, Kia Picanto, Dacia Sandero, Seat Leon and VW Up.

The best and worst insurers for car and home insurance claims

Insurers were rated by customers about their experience during the claims process and how likely they would be to recommend their provider among other factors in a survey by Which? The AA finished at the bottom of the table for car insurance after receiving a customer score of just 55% with 31% of respondents saying they felt their claims were handled more slowly than anticipated.

Londoners are paying double what those in the South West pay for their car insurance

The average premium for those living in Greater London is £1,102 - £366 more than the national average of £736, according to comparison website, Compare the Market. Meanwhile, drivers in the South West paid the least for cover at an average of £557 - nearly half the cost compared to those in the capital. The two cheapest regions behind the South West were Scotland at £581 and Wales at £637.

Five of the best-performing AIM shares

Since Fever-Tree listed in 2014, its shares have shot up by a massive 1,780 per cent. It is just one of AIM's big risers, but there have been plenty that have fallen by the wayside too. Early stage companies are attracted to AIM because they don't need such a long track record as if they were applying to the main market. Governance and reporting requirements are also less stringent.

Having initially invested in the company in late 2009, 63-year-old Peter Levine seen the shares fall from a high of 93p in 2010 to just 6.95p today.

Recommended by Midas at 167p in February 2018, the shares in City Pub Group are now £2.28 and chairman Clive Watson is brim-full of confidence about the future.

With Ross McEwan heading for the exit at Royal Bank of Scotland, the question now is whether Antonio Horta-Osorio could do the same at Lloyds Banking Group.

Camplify lets you rent caravans and motorhomes and owners profit

Britons enjoy 10m caravan holidays a year and life on the road has been given a trendy makeover by the Van Life movement. But while there are 1.1m leisure vehicles currently in the UK, most are only used for just two-to-four weeks of the year, leaving them sat not being used for the other 11 months. Now Camplify is tapping into this by letting people rent or hire out campers and some like Simon Tucktan and Steve Tanner, pictured, have found it can be a nice little earner.

Legal & General's home insurance business set to be sold to Germany's Allianz

L&G;'s division, which provides home cover and pet insurance, was put up for sale last year. Allianz is now in exclusive talks to acquire the business, with a transaction thought to be imminent that could value the unit between £250million and £350million, according to Sky News.

Investigators at the Financial Conduct Authority launched 25 raids in 2018, figures show. That compares with 13 the previous year, and is the highest annual total since 2010.

Maxime Lombardini sold a chunk of shares just weeks before Iliad announced a surprise takeover bid in 2014 for T-Mobile US, which caused Iliad's shares to plunge.

Ferrexpo's independent committee concluded Blooming Land was not connected to the miner's chief executive Kostyantin Zhevago (pictured). But this did not chime with Deloitte's findings.

A new tech bubble? Investors bet £1billion AGAINST trio of unicorns racing for global

Investors have placed bets worth more than £1billion against the three 'unicorn' companies that have floated in the past month - prompting fears of another tech bubble. Hedge funds and other investors are betting on share price falls for taxi app Lyft, social media company Pinterest and video conferencing firm Zoom - all start-ups which have just listed on Wall Street.

Interested parties could do worse than take a leaf out of the book of Anglo Asian Mining, the Azerbaijan-focused company that's been consistently delivering growth for several quarters now.

In the country's first official comments on the row, Beijing's ambassador to London, Liu Xiaoming, said Britain must make the 'right decision independently'.

As both bodies began recruitment drives they were urged to 'look beyond the usual suspects' and create powerful role models for the next generation of women working in finance.

Luxury fashion brand Kurt Geiger is exploring a sale for more than £450million boosted by its popularity with celebrities.

Nationwide is first major lender to offer retirement interest-only mortgages

Nationwide has become the first major lender to launch a 'retirement interest-only mortgage', allowing mortgage holders to borrow into retirement on an interest-only basis. Retirement interest-only mortgages are aimed at those who have failed to clear their debt before stopping work and those who would like to cash in on their home's value. While currently a niche product, their popularity is expected to grow substantially in years to come.

North Yorkshire County Council will use its newly-bought drone to look for 'breaches of planning controls', it was reported. Dozens of district and county councils are set to follow suit.

Is it possible to help the planet and save cash? This is Money podcast

We haven't glued ourselves to train carriages - instead, we dish out useful tips and tricks that are good for the planet as well as your wallet. We also reveal why the Toyota Prius topped a satisfaction survey - and the majority of the cars in top 10 list are eco-friendly.

London landlords are leaving the capital to chase yields in the North

The number of London-based landlords buying in the capital has dropped by 34 per cent since 2010, and 17 per cent since 2015, before the stamp duty surcharge was introduced. By contrast, 34 per cent of London-based investors bought buy-to-lets in the Midlands and North during the past 12 months, up from just 14 per cent in 2015 and 4 per cent in 2010.

The departing boss of bailed-out Royal Bank of Scotland Ross McEwan said that customers must take more responsibility for their actions if tricked into giving their savings to a conman.

The most popular funds over the Isa season revealed

British investors piled money into long-term growth funds and investment trusts as the tax year drew to a close at the start of April, new analysis shows.  Fundsmith Equity and Lindsell Train Global Equity funds topped the bestsellers list at DIY investor platforms Hargreaves Lansdown, Interactive Investor and AJ Bell in the first quarter of 2019, having tempted investors with their stellar returns. 

So-called fintech firms, which investors wouldn't be able to reach through the stock market, offer customers digital access to traditional banking products and services.

Broker Numis helps stock market-listed companies with a variety of tasks, from floating to raising new money. Since 2009, the firm has raised around £10bn for its clients.

Are prefabs the homes of the future?

Although modular homes need the same groundwork to connect to gas, electricity and water as traditional homes, they can be put together in a week, saving a third of the build time overall. They cost £50,000 for the most basic property and on up to £5million. Far from being an interesting 'niche' idea on the periphery of the mainstream construction industry, many believe modular homes will be the industry's future, not least because traditional construction is facing a skills shortage.

The devices have been a bone of contention since their introduction with many customers distrustful of the new method of calculating energy bills.

Fresh off news that it lured nearly 6,000 customers away from their previous banks in the last quarter of 2018, Monzo has announced the launch of a new feature to perhaps try to keep hold of them.

Electric cars have SMALLER carbon footprints over a lifetime, says VW

After crunching the numbers, Volkswagen said that, when you take into account the entire lifespan of a car, electric vehicles produce less CO2 than petrol or diesel-engined rivals. The company pitted the stats for a pure electric e-Golf against a diesel-powered Golf TDI to illustrate the differences in carbon footprint for electric and diesel when comparing manufacturing, energy-supply and exhaust outputs.

Lufthansa has launched it's new Miles and More travel reward scheme in the UK. This is Money looks at how its benefits stack up against UK and US rivals

The millennial generation is so addicted to the likes of Facebook, Twitter, Instagram and Snapchat that they risk prosecution and potentially fatal accidents to keep their social media profiles fresh.

I have been told to have a water meter installed but I don't want one. Are they

I am being encouraged to have a smart water meter fitted by Thames Water who tell me it is required but I don't want one. I have been informed that if I don't consent to one, my bills will be estimated. Thames Water say they base water estimates on information from the Inland Revenue regarding the value of my home but this seems to have nothing to do with water usage. Is it compulsory to have a water meter fitted? If one isn't installed, how do they estimate my water bill?

With the Sainsbury-Asda merger blocked, what’s next for Sainsbury's?

Investors are fleeing after the UK competition watchdog - the CMA - slammed the door on the retailer's vision of merging with its closest rival Asda in a £12billion 'transformative' deal. The draconian decision was widely expected as the watchdog all but blocked the grocers' plans back in February, but more shareholders fled today amid growing concern over Sainsbury's future. With at least a year and millions of pounds already wasted on plans that have come to dust, it's time for Sainsbury's to move on and carve out a future... without Asda. But does it have a plan B?

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?

Each week we pick out our favourite financial deals to slash your outgoings and make your money stretch further. This week it's savings accounts, a top travel credit card and best-buy mortgages.

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.

When will UK interest rates rise?

Lower than expected inflation figures have added weight to expectations that interest rate rises will remain on hold throughout most of 2019. This combined with the Brexit extension is forecast to keep monetary policy steady, with rates held at 0.75 per cent. While unemployment is low and wages are rising, there are still concerns over Britain's consumer economy and business investment being stalled by continuing Brexit uncertainty.

What next for mortgage rates?

The average two-year fixed rate mortgage rate has crept up by 0.13 per cent in the past month, possibly showing the first signs that the ongoing price war between lenders is drawing to a close.

Ten tips for buy-to-let: Essential advice for property investment

Buy-to-let is much tougher than it once was. 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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