After trapping thousands of private investors - and £3.7billion of their savings - in his Equity Income Fund, Woodford's high-rolling City clients started to abandon him one by one. First, his biggest cheerleader, stockbroker Hargreaves Lansdown, ditched the fund from its favourites. Then St James's Place, the giant wealth manager, said it would no longer trust Woodford to manage £3.5 billion of clients' money.
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'Lloyds talked me into a pricey card reader, then shut down my branch': The baker caught up in Britain's race towards becoming a cashless society
Baker Sarah Denyer is proud of her reputation for serving delicious cakes - but as she works hard to build her business she is furious that a slice of her income is being grabbed by a greedy bank. Sarah says she now has to hand over £1,000 a year to Lloyds for renting card reading equipment and pay a percentage of sales made by card. Like countless small businesses, her Windmill Bakery in Rottingdean, East Sussex, was caught up in Britain's race towards becoming a cashless society - and she is angry at the cost she pays for a service she did not really want.
THIS IS MONEY PODCAST
DON'T MISS
- What's gone wrong for fund manager Neil Woodford and retail mogul Sir Philip Green? The This is Money podcast.
- Adios. Toast. Finito. Crash goes Woodford, the man who couldn't walk on water
- I have a 12-sided Australian 1982 Commonwealth Games 50 cent coin - is it worth a mint?
- I earned just £100 to be a Bond Girl - and since then I've rarely been paid more than £9,000 a year! Actress and model Madeline Smith on money
- 'Pull your finger out and tell parents child benefit errors can hit their state pension' NICKY MORGAN MP warns the Government.
- Would you lock your savings away for a decade? Leeds Building Society unveils a long-term deal... - here's why you should think twice.
- Are investment giants putting poorer nations at risk of debt crises? BoE Governor Carney warns Woodford-style liquidity crunch could hit global funds.
- Average house price jumps an annual 5.2% in May... - but overall property picture is 'stable', says Halifax.
- Looking for a growth fund? Investment trust giant Scottish Mortgage has a younger sibling Edinburgh Worldwide We take a closer look.
- Home smart tech How doorbells with cameras and devices warning of leaks could reduce insurance costs
- As high street retailers shut down shops... Could empty stores be a solution to Britain's housing shortage?
- Can you identify what these unusual road signs from around Europe are telling you? Drivers should swot up before travelling - take our tricky quiz.
- Damning research by the taxman reveals how parents have no understanding that child benefit errors can hit their state pension
- Five-year fixed rate mortgages are nearly as cheap as two-year deals... - but should you lock in for longer?
- It's not rock 'n' roll, but you should engage with your pension pot, says LEE BOYCE... - otherwise, you could face a far poorer retirement.
BUSINESS & MARKETS
The Big Short on Woodford-backed firms: Hedge funds bet £900m that shares held by fund manager will fall
Hedge funds have placed a £900million bet that shares held by Neil Woodford will plummet as the star fund manager is forced into a fire sale. The aggressive tactic, known as short-selling, is another blow to Woodford whose reputation has already been badly damaged by the debacle at his Equity Income fund.
SAVE MONEY, MAKE MONEY: OUR TIPS TO GET RICHER
- This is Money's five favourite best buy cash Isas
- Looking for a better bank? Five of the best current accounts
- Energy bills: Could you save by switching?
- Best credit cards for spending, holidays and rewards
- The best mortgage rates and should you fix?
- Ten tips for cheaper car insurance - and compare prices
- Best debit and credit cards for spending overseas
- The best and longest balance transfer credit cards
- Best (and cheapest) DIY investing Isa platforms
- Ten tips for buy-to-let and how to find a mortgage
MONEY NEWS & ADVICE
It's been gruelling - but Debenhams customers want us to stay alive: Chairman Terry Duddy on his two-year turnaround plan
Battling insolvency at one of Britain's largest retailers, parachuting into the breach after a boardroom coup and sparring with an irate billionaire. Any of those on its own would be enough of a feat for even the most seasoned executive over an entire career - but Debenhams chairman Terry Duddy has done it all in five months.
I earned just £100 to be a Bond Girl - and since then I've rarely been paid more than £9,000 a year! Actress and model Madeline Smith on money
Actress and model Madeline Smith earned less than £100 for her role as one of the first Bond girls opposite Roger Moore, who personally put her forward for the part. But she loved the role, she says, because she adored Roger Moore. Now 69, she reveals she has rarely been paid more than £9,000 a year in her entire life and used to hawk her belongings when she was in her early-30s in order to make ends meet.
Will the Woodford crisis kill off income funds? Era of low-risk dividends is over, analysts warn savers
Woodford Equity Income, which reached a peak size of £10.2bn in 2017 but now looks after just £3.7bn of savers money, has had a dismal run over the past three years. Part of this is due to investors pulling their money out of the fund, which is what led Woodford to freeze their money this week. But he has also made a string of bad bets on companies.
Damning research by the taxman reveals how parents are confused - and gutted - to discover child benefit errors can hit their state pension
Parents have virtually no understanding that they could end up with a smaller state pension if they fail to fill in a child benefit form, according to Government research. One mum described herself as 'gutted' when she realised she had missed out on valuable credits towards her pension, while others admitted they didn't see the point in filling in a form for child benefit when they weren't entitled to get payments.
MORE BUSINESS & MARKETS NEWS
Cambridge Satchel fails again to bag a profit after aggressive expansion overseas
It was credited with creating the 'British It Bag' when it took New York by storm in 2010 but the Cambridge Satchel Company's aggressive expansion overseas has failed to stop the firm falling into the red. Accounts filed for the trend-setting company, which was set up by founder Julie Deane in her kitchen with just £600 a decade ago, show the company has now racked up losses of more than £10million.
Chinese investor Fosun Tourism Group checks in for bid talks on Thomas Cook's tour arm
A Chinese investor in Thomas Cook is in talks to buy the firm's tour operating business - a move that could lead to the break-up of one of Britain's oldest and best known travel companies. Fosun Tourism Group, which is already Thomas Cook's largest shareholder with an 18 per cent stake, informed the London-listed firm of its interest late last week.
MARKET REPORT: Hotel group Millennium & Copthorne surges after Singaporean group launches a £2.2bn bid
City Developments - part of the Hong Leong Group owned by billionaire Kwek Leng Beng - tabled an offer worth 685p a share. M&C; stock jumped 35 per cent, or 175p, to 675p. City Developments already owns 65 per cent of the company and Kwek is M&C; chairman. It has already tabled bids worth £1.8bn and £2bn but failed to convince shareholders to back those earlier offers.
Games Workshop shares march higher after the Warhammer creator hands out £5m in staff bonuses (again) and sales surpass £250m
In a characteristically brief pre-close trading update, it said that sales for the past 12 months would likely reach £254million - a 17 per cent jump on last year - while profits will exceed £80million. The Nottingham-based company, which has seemingly swerved tough conditions on UK high streets, also paid out more than £5million in bonuses to staff for the second year running.
YOUR MONEY ESSENTIALS
From selling vape products to creating a senior dating website... meet seven 'olderpreneurs' fuelling a grey business boom!
Instead of taking it easy, a growing number of over-50s are now delaying retirement by starting their own firm, fuelling a 'grey business' boom. We speak to seven business bosses who did just that - and give their tips and advice, including Jean Rasbridge, 67, pictured, who started a successful vaping company in her mid-50s.
ASK TONY: My insurer refused to pay a local firm to fix the damage after burglars used a blowtorch to break into my home
In February, intruders broke in to my home, using a blowtorch to burn off the locks on two PVC double-glazed doors to the conservatory and the kitchen. I claimed for two replacement doors with my home insurer, Ageas, as both doors and frames were damaged. At the time of my initial call, it offered a cash settlement of £717, even though it had no visual evidence of the damage.
What to do if you're one of Woodford's hostages: As the crisis-hit manager bans ANY withdrawals from his flagship fund - here's what you must know
Neil Woodford's Equity Income fund investors have been assured that while the value of their investment could rise or fall their money is safe, but they cannot get at it for at least 28 days... and they will still be charged fees. The shock decision to block withdrawals from the flagship fund has left many investors asking what will happen to their money. We answer the common questions.
I beat the car hire cowboys, and so can you! The man who won a refund from grasping rental firm Goldcar thanks to a little-known EU consumer agency
After countless emails, hours of Googling, phone calls and no less than eight months of chasing, MARK MORGAN has just received a refund of £61.50, from Goldcar. The Madrid-based firm debited £1,140.16 from Mark's account as a deposit, but only refunded £1,084.48. The discrepancy of £55.68 was unexplained.
State pension data blunder means 3% of savers are given WRONG figures: Minister admits shock error rate that could affect 360,000 forecasts
The shocking extent of inaccuracies in state pension forecasts was revealed by the current Pensions Minister, Guy Opperman, in a letter to a predecessor, Steve Webb. This follows Mr Webb's joint probe with This is Money into mistakes reported by our readers, who were misled into thinking they will get a higher state pension than they are due.
Should owners be forced to sell development plots cheaply? ALEX BRUMMER says Labour's move is straight from the Marxist playbook
ALEX BRUMMER: Among all of Labour's crackpot schemes to destroy free market capitalism in Britain, none is more frightening than the proposed 'grab' of private land that the party has just unveiled. It is a move straight out of the Marxist playbook, a tactic regularly deployed by autocrats the world over with the aim of burnishing their revolutionary credentials - with dramatic consequences. What Labour is determined on is a new age of collectivism. Well, we know how disastrously that worked out in the former Soviet Union and elsewhere - famine and starvation. For modern day examples, look no farther than Zimbabwe and Venezuela, where the confiscation of large swathes of property from the landowners to be gifted directly to workers led to collapsing food production, economic slump, and was a factor in the hyper-inflation and widespread poverty that followed.
The new Tenant Fees Act is now in force to give renters a fairer deal: Here's everything tenants need to know
In what has been hailed as a major victory for the country's 4.7 million rented households, the 'Tenant Fees Act' outlaws additional charges when a tenant signs up for a new property or renews a contract. These charges can range from arranging a viewing on a property to carrying out a reference check or renewing a contract, and typically add an extra £300 onto the cost of moving.
WHAT YOU NEED TO KNOW ABOUT YOUR MONEY?
How much do I need to save for my pension? A quick guide to retirement saving...
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?
What next for interest rates? Bank tipped to hold for most of 2019, as inflation stays low and Brexit is extended
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? Bank of England says rates will rise
Two-year fixes have plateaued in price over the past few months, following a prolonged period of falling rates thanks to fierce competition among lenders. But longer-term fixes have continued to fall, narrowing the gap between two and five-year deals, according to research from financial experts Moneyfacts.
Ten tips for buy-to-let: the essential advice for property investors
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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THE INVESTING SHOW
- How to invest to beat inflation: A global fund manager's tips
- Can UK shares shake off the Brexit hangover - and where are the best places to invest now?
- Is commercial property an unloved UK investment that's ripe for returns?
- Buffettology manager's tips on picking shares to beat the market
- How to invest in the UK's best companies and beat Brexit: Free Spirit fund manager
- Are house prices due a fall or could there be a Brexit deal bounce?
- How to profit from smaller company shares but take less risk - Gresham House fund manager's tips
- How to find the world's best dividend shares with Evenlode's Global Income managers
- We bought a Japanese housebuilder for growth: Monks manager on hunting the world's best firms
- Blue Whale Growth fund backed by Peter Hargreaves is up 17% in a year - manager Stephen Yiu explains how it beat the market
- The US is expensive and the UK is unloved, so it's time to be picky: Where to invest in tricky times
- Ruffer made 23% when shares crashed in 2008, so where is it investing now?
- The shares hit the hardest in the stock market slump (and those that went up)
- How to invest in improving our world: Impax Environmental Markets
- Mark Mobius interview: 'Emerging and frontier markets are cheap'
MOST READ MONEY
- The former John Lewis boss calls for an urgent overhaul of Britain's 'archaic' business rates 'We CAN stop the slow death of the High Street,' claims West Midlands mayor Andy Street .
- Do YOU need 'staycation' insurance? We reveal what cover could be needed before setting off on a British holiday this summer.
- Award-winning Xilinat aims to tackle the diabetes epidemic AND help the environment Could it replace sugar and sweeteners?
- After holidaymakers lost £7million last year, read our tips to protect yourself against travel scams How to beat holiday fraudsters
- Banking data suggests just 9% of all payments will be cash by 2028 Is a cashless society in Britain near?
- Women challenge decision to hike their state pension age in landmark legal case We explain the High Court case, and what might happen next.
- My insurer refused to pay a local firm to fix the damage after burglars used a blowtorch to break into my home ASK TONY
- What to do if you're one of Woodford's fund hostages As the crisis-hit manager bans ANY withdrawals - we answer your questions.
- Will Woodford's fund lockdown help or harm investors? SIMON LAMBERT on what next and the lessons we can learn.
- I got my money out of Woodford funds just in time - but don't panic if you didn't THE PRUDENT INVESTOR
- The tax perk most parents don't even know about Paying into your adult child's pension can be doubly generous.
- I beat the car hire cowboys, and so can you! Mark won a refund from grasping rental firm Goldcar thanks to a little-known EU consumer agency.
- Don't fall for the Facebook fraudsters: Charlotte's account was hacked... - but it was her friends who were fooled into losing thousands.
- Asda cuts fuel prices by up to 3p a litre after FOUR MONTHS of consecutive rises for drivers as experts blast 'rocket and feather' pricing
- Notice savings deals soar to a seven-year high with top accounts now paying 1.88% on average The trick to a better rate?
- State pension data blunder means 360,000 may have WRONG figures Minister admits shock 3% error rate
- Woodford's slide from the top show why investors should beware the cult of star fund managers ALEX BRUMMER
- Investors to be blocked from putting more than 10% into peer-to-peer Watchdog crackdown and test
- The end is nigh for rip-off funeral plan firms ...after we exposed their dodgy sales practices and misleading fees
- Clydesdale and Yorkshire Bank's merger with Virgin money cuts savings safety net Check your pots
- What renters need to know about the new tenants fees ban Act is finally in force
- More than 1 in 4 smart meters from small energy firm Bulb are not working properly Popular firm affected
- Hargreaves Lansdown in the dock for championing Woodford's crisis fund VICTORIA BISCHOFF
- The Post Office won't sell me an international driving permit But won't I need one in Europe soon?
- Wholesale energy costs have 'plummeted' - leaving households paying inflated bills Price cap quirk
- Housing minister's plan to let young people raid their pension pots for a deposit to buy a home is branded 'bonkers' Thumbs down from experts
- Could you reduce the cost of a loan as your credit score improves? LiveLend's APR trick
- Transport Secretary Chris Grayling slams motorway service stations for exploiting drivers Calls for a petrol price checking app
- Kent scores a Premium Bond hat-trick as the Garden of England reaps its third £1M jackpot winner in a row
- Better service on the horizon for broadband, phone and TV customers? Britain's biggest telecoms firms sign-up to six new Ofcom commitments.
- Neil Woodford's flagship fund has trading suspended 'to protect investors' Savers locked into star manager's fund
- Volvo starts crash testing bicycle helmets against its cars To help develop better protection for cyclists
- Can the World Cup 'halo effect' help cricket and women's football flourish? New series of This is Moneyball.
STEVE WEBB ANSWERS YOUR PENSION QUESTIONS
- Should I start tapping my pension or leave it alone during all the political upheaval?
- My brother is likely to go into a care home, but what will happen to his state pension? Steve Webb replies
- I want to take a 25% tax-free pension lump sum, but after that can I pay in a £40,000 or £4,000 maximum each year? Steve Webb replies
- My state pension forecast was wrong, so should I rely on the new figure and buy top-ups?
- I have a £310k pension pot at age 41 - how do I work out what that might grow to in coming years? Steve Webb replies
- My pension scheme has severe penalties for retiring early, so should I use my £100k savings to buy an annuity?
- Does caring for parents aged in their 90s qualify me for extra state pension top-ups?
- Why has my late daughter 'lost' her DHL pension, which she paid into for nearly two years?
- If you move in with someone too ill to cope alone, do you risk losing your widow's pension?
- The Woodford Survival Guide: The high rollers are deserting him, so should you be giving fallen star the...
- TONY HETHERINGTON: No trace of the £50k I invested through a firm claiming to specialise in US drug shares
- HAMISH MCRAE: We are starting to catch a glimpse of what the next economic downturn will look like
- 'Lloyds talked me into a pricey card reader, then shut down my branch': The baker caught up in Britain's...
- Will the Woodford contagion spread to other giants of the fund management industry?
- Look out! Cheats are 'cloning' car details - so YOU get their bills: A few simple steps to avoid falling...
- Monthly childcare costs more than a mortgage: How to save thousands by claiming tax benefits
- The 'credit invisibles' who draw a blank when seeking a mortgage: How to get a home loan if you have little...
- The Big Short on Woodford-backed firms: Hedge funds bet £900m that shares held by fund manager will fall
- Sir Philip Green fights for store rent cuts from Queen's estate
- Facebook is the 'biggest fraud in history': Zuckerberg's Harvard peer reckons ad firms are being duped by...
- Houses of Parliament's in-house magazine publisher Dods backed by Lord Ashcroft eyes £50m tie-up
- Debenhams gets that shrinking feeling: Chairman says some stores are still too big
- Greybull Capital faces inquiry over £6m fees it paid itself over its three-year ownership of British Steel
- Adios. Toast. Finito. Crash goes Woodford, the man who couldn't walk on water
- Facebook is the 'biggest fraud in history': Zuckerberg's Harvard peer reckons ad firms are being duped by fake accounts and shares will HALVE
- HAMISH MCRAE: We are starting to catch a glimpse of what the next economic downturn will look like
- Look out! Cheats are 'cloning' car details - so YOU get their bills: A few simple steps to avoid falling victim
- Monthly childcare costs more than a mortgage: How to save thousands by claiming tax benefits
- I have a 12-sided Australian 1982 Commonwealth Games 50 cent coin - is it worth a mint?
- If MPs want to solve mortgage prisoner problem they must revive golden goodbyes and admit not everyone should be a homeowner, says SARAH DAVIDSON
- Profits with purpose: Meet 10 entrepreneurs who say solving the world's toughest problems and being green is as important as making cash
- I earned just £100 to be a Bond Girl - and since then I've rarely been paid more than £9,000 a year! Actress and model Madeline Smith on money
- 'Lloyds talked me into a pricey card reader, then shut down my branch': The baker caught up in Britain's race towards becoming a cashless society
- Woodford sees £130m wiped off the value of his investment trust as shares in listed Patient Capital plunge 20% in a week
- The last-minute ATM currency deal that cost this traveller an eye-watering £68
- The Woodford Survival Guide: The high rollers are deserting him, so should you be giving fallen star the boot?
- The 'credit invisibles' who draw a blank when seeking a mortgage: How to get a home loan if you have little history of borrowing money
- TONY HETHERINGTON: No trace of the £50k I invested through a firm claiming to specialise in US drug shares
- The Big Short on Woodford-backed firms: Hedge funds bet £900m that shares held by fund manager will fall
- MOST READ IN DETAIL
MIDAS SHARE TIPS
- MIDAS SHARE TIPS: Is it time to swap your M&S shares for a High Street rival?
- MIDAS SHARE TIPS: Medical group MaxCyte, an Aim-listed company based on America's East Coast, has its finger on the pulse
- MIDAS SHARE TIPS UPDATE: Dividend cut sounds the last post for Royal Mail
- MIDAS SHARE TIPS: Lloyds' TV adverts may drive us mad, but this bank's shares are well worth a look
- MIDAS SHARE TIPS: AFH, the firm offering finance for the over-50s, could give YOUR investments a brighter future
- MIDAS SHARE TIPS UPDATE: BT gets the message - must do better as shares tumble to just £2.09
- MIDAS SHARE TIPS: Want your profits to pour in? Try water firm Water Intelligence that mends leaky swimming pools
- MIDAS SHARE TIPS UPDATE: Rising returns from Somero Enterprises - the firm making floors flatter
- MIDAS SHARE TIPS: This boss invested £45m of his own money in oil firm President Energy. Is it worth yours?
- MIDAS SHARE TIPS UPDATE: Growing City Pub Group's recipe for success
- MIDAS SHARE TIPS: Plug into fuel cells with fast-growing firm Ceres Power, which could profit from the electric car revolution
- MIDAS SHARE TIPS: Tablets and debit cards... how Morses is taking doorstep lending upmarket
- MIDAS SHARE TIPS UPDATE: Egg-free bakery chain Cake Box has a winning formula with turnover set to rise
- MIDAS SHARE TIPS: Run for the hills with a Labour Government on the horizon? It's tempting but you can still make tasty profits
FUND AND TRUST IDEAS
- INTERNATIONAL BIOTECHNOLOGY: The trust led by a doctor with a prescription for healthy profit
- MAN GLG CONTINENTAL EUROPEAN GROWTH: Mr '10 per cent' is playing the long game
- INVESTEC UK SPECIAL SITUATIONS: Value investor Alistair Mundy backs companies doing badly... because he believes they can turn things round
- ARTEMIS US SMALLER COMPANIES: 'Up-down' boss is turning results on their head
- TROY INCOME & GROWTH: The trust that stays away from volatility - and comfortably beat the market
- SANLAM MULTI-STRATEGY: Spectacular? No... but it will give you an income
- SMITH & WILLIAMSON ARTIFICIAL INTELLIGENCE: Smart money is on AI as new fund grows 43% in two years
- SECURITIES TRUST OF SCOTLAND: The £220m fund Scottish fund... scouring the world for stocks
- ICG ENTERPRISE: Private equity management does not have a good reputation - but this trust isn't an asset stripper
- MARTIN CURRIE GLOBAL PORTFOLIO: Fund manager Zehrid Osmani stamps his mark on investment trust
Latest: Mortgages & home
- The 'credit invisibles' who draw a blank when seeking a mortgage: How to get a home loan if you have little history of borrowing money
- MPs call for a ban on 'mortgage prisoners' being sold off to 'vulture funds' by their banks
- If MPs want to solve mortgage prisoner problem they must revive golden goodbyes and admit not everyone should be a homeowner, says SARAH DAVIDSON
- Average house price jumps an annual 5.2% in May but overall property picture is 'stable', says Halifax
- Five-year fixed rate mortgages are nearly as cheap as two-year deals - but should you lock in for longer?
- What next for mortgage rates? Bank of England says rates will rise as it calls time on the mortgage price war
- Housing minister's plan to let young people raid their pension pots for a deposit to buy a home is branded 'dangerous' and 'bonkers' by experts
- Annual house price growth remains below 1% for sixth month in a row but lack of supply continues to support values
- A buyer's market: Gap between property asking and sale prices across Britain's major cities widens as sellers accept bigger discounts
Latest from Saving & banking
- 'Lloyds talked me into a pricey card reader, then shut down my branch': The baker caught up in Britain's race towards becoming a cashless society
- I have a 12-sided Australian 1982 Commonwealth Games 50 cent coin - is it worth a mint?
- Would you lock your savings away for a decade? Leeds Building Society unveils a long-term deal - here's why you should think twice...
- Is a cashless society in Britain near? Banking data suggests just 9% of all payments will be cash by 2028
- The trick to a better rate? Notice savings deals soar to a seven-year high with top accounts now paying 1.88% on average
- Clydesdale and Yorkshire Bank's merger with Virgin money cuts your savings safety net
- Pass a test to invest with risky peer-to-peer firms: City watchdog unveils new rules as part of crackdown
- Do your kids have his card? Meet Tom Blomfield, 33-year-old do-it-all boss of trendy bank Monzo who wants to file your tax return and stick savings in pots
- Revolut updates its Vaults allowing users to collaborate and pool funds with friends and family - but pays no interest
- JEFF PRESTRIDGE: Your message is loud and clear - we will all be poorer for the loss of cash
ANSWERS FROM THE Experts
- TONY HETHERINGTON: No trace of the £50k I invested through a firm claiming to specialise in US drug shares
- ASK TONY: My insurer refused to pay a local firm to fix the damage after burglars used a blowtorch to break into my home
- TONY HETHERINGTON: Why are police still turning away firms that report being cloned?
- The Post Office won't sell me an international driving permit, but don't I need one for travelling around Europe soon?
- My boiler burst and damaged mine and my neighbour's properties, but my insurance won't pay for their repairs: Is it right to refuse?
- ASK TONY: We always pay our energy bills but were threatened with bailiffs over a missing £2,000 by Scottish Power
- I'm saving for a deposit but won't get there before Help to Buy ends in 2023, are there other options to buy with a small deposit?
- TONY HETHERINGTON: How can this firm of muggers at Global Spread Exchange even sleep at night?
- I have prepayment energy but heard I can't top it up manually with a new smart meter, is this true?
- ASK TONY: We paid Thomas Cook £40 to pick our seats but ended up at the back of the plane by the loos
Latest from Holidays
- The last-minute ATM currency deal that cost this traveller an eye-watering £68
- I beat the car hire cowboys, and so can you! Mark won a refund from grasping rental firm Goldcar thanks to a little-known EU consumer agency
- You are not alone! When we highlighted how solo travellers are routinely being ripped off, your responses flooded in
- Compare the best money transfer exchange rates in THREE easy steps
- Why are our holidays a rip-off — just because we go on our own? We call on travel firms to treat single people fairly
- Brexit travel money questions answered: Holidaymakers are worried about how leaving the EU will affect their summer spending
- Terminal cancer patient left hundreds of pounds out of pocket after Tui refused to refund holiday deposit
- No way back! How airlines cancel your return ticket if you miss the flight out (and won't even tell you)
- German airline Lufthansa launches its Miles and More travel rewards in Britain, but is it worth signing up for?
Currency | Rate | Buy now |
---|---|---|
Updated 09 Jun 2019. | ||
Euro | 1.0985 | Buy Now |
US Dollar | 1.246 | Buy Now |
Australian Dollar | 1.773 | Buy Now |
Barbados Dollar | 2.373 | Buy Now |
Brazilian Real | 4.677 | Buy Now |
Bulgarian Lev | 2.103 | Buy Now |
Canadian Dollar | 1.65 | Buy Now |
Chinese Yuan | 8.458 | Buy Now |
Croatian Kuna | 8.109 | Buy Now |
Czech Koruna | 28.02 | Buy Now |
Danish Krone | 8.192 | Buy Now |
Egyptian Pound | 16.27 | Buy Now |
Hong Kong Dollar | 9.659 | Buy Now |
Hungarian Forint | 350.0 | Buy Now |
Icelandic Króna | 147.2 | Buy Now |
Indian Rupee | 80.49 | Buy Now |
Indonesian Rupiah | 16838.0 | Buy Now |
Israeli New Shekel | 4.362 | Buy Now |
Jamaican Dollar | 156.4 | Buy Now |
Japanese Yen | 134.0 | Buy Now |
Jordanian Dinar | 0.8435 | Buy Now |
Kenyan Shilling | 122.2 | Buy Now |
Malaysian Ringgit | 4.987 | Buy Now |
Mexican Peso | 23.91 | Buy Now |
New Taiwan Dollar | 36.3 | Buy Now |
New Turkish Lire | 7.093 | Buy Now |
New Zealand Dollar | 1.866 | Buy Now |
Norwegian Krone | 10.75 | Buy Now |
Polish Zloty | 4.668 | Buy Now |
Romanian New Leu | 5.141 | Buy Now |
Russian Rouble | 75.14 | Buy Now |
Singapore Dollar | 1.683 | Buy Now |
South African Rand | 18.65 | Buy Now |
South Korean Won | 1405.0 | Buy Now |
Sterling | 1.0 | Buy Now |
Swedish Krona | 11.62 | Buy Now |
Swiss Franc | 1.231 | Buy Now |
Thai Baht | 38.64 | Buy Now |
UAE Dirham | 4.544 | Buy Now |
Vietnamese Dong | 27516.0 | Buy Now |
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