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HSBC blasted by Hong Kong protest leader: Bank urged to apologise after boss praised

Joshua Wong, a 22-year-old activist who has twice been jailed for his work, spoke out after HSBC boss John Flint said the Chinese economic system 'gives Western liberal democracies pause for thought, because here is a deeply socialist system that's served its people really well'. He accused HSBC of failing to understand what is really going on in China - and urged it to apologise.

Disposable income inequality between regions has halved since reaching a peak in 1990. In that year, incomes in the richest region, the South East of England, were £10,307.

The electric Bentley EXP 100 GT car of the future revealed

Bentley has long prided itself on making luxury cars that are a thrill to drive, but to celebrate its 100th birthday it has revealed an electric grand tourer that could pilot itself. Bentley unveiled the experimental EXP 100 GT today with astonishing driver and passenger doors that are two metres wide and pivot outwards and upwards like Bentley's flying wing logo, pictured top left and centre with our reporter Ray Massey. The car looks ahead 16 years to the year 2035 and with a predicted range of range of 435 miles, a top speed of 186mph and acceleration from 0 to 60mph in under 2.5 seconds, Bentley describes the electric-powered coupe as a 'fully-autonomous car that can be driven when one wishes to enjoy the thrill of driving.'

Challenger bank Cynergy has entered the tax-free savings arena, offering 1.61% on balances of £500 or more with its new one-year fixed-rate offer.

John Clements from Cranbrook near Exeter in Devon, is one of many new-build homeowners across the country being denied the chance to save hundreds on their energy bills.

Everyone wants to leave as much of their wealth as possible to loved ones when they die. But the Government is equally as intent on getting its hands on a portion through inheritance tax.

Many savers tried to switch fund supermarkets after Hargreaves was criticised for backing Neil Woodford's funds right up until he froze withdrawals from his Equity Income fund.

EDITOR'S DEALS OF THE WEEK
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: Escaping to the country boosts housebuilders' profits

Barratt Developments is counting its blessings it ditched central London and focused on greener, or more profitable, pastures. Britain's biggest builder said it had 'brushed aside' worries about Brexit and looks to have made a record profit of £910m for the year which ended in June. This is despite the average price of its properties falling to £274,000 from £288,900, which it put down to the types of homes it sold.

The Dow Jones Industrial Average, S&P; 500 and Nasdaq 100 all made intra-day highs after Fed chief Jerome Powell primed markets for a cut as early as this month.

Andy Palmer said he is bored of Brexit and broke with other car bosses by calling for the country to leave the European Union in October even if no deal has been reached.

The brand, Haus Laboratories, will launch in September for shoppers in nearly a dozen countries, including the United States, Germany and Japan.

A string of firms, including BMW and Jaguar, temporarily shut plants during April to avoid disruption, because it came after the original date for Brexit. But the plants reopened in May.

While more women have been promoted to board level in recent years, there is a worrying trend of companies appointing them simply for symbolic value, academics at Cranleigh University said.

Savers must act now if they want to lock into the best fixed deals

The warning comes just days after Mark Carney, governor of the Bank of England, said there has been a 'sea change' in expectations of growth in global economic performance. It led some commentators to say we could now see an interest rate cut to shore up economic growth. Even if the base rate remains at 0.75 per cent, savers could still see fixed-rate bond rates fall further as banks look to bring in less money.

One in three motorists pays over the odds for their car insurance - and the worst thing you can do is simply renew. We reveal ten tips to get the cheapest car insurance deal.

Complaints about small supplier Together Energy failing to refund customers' overpayments have soared. Around 70 to 100 cases have been lodged every month since February.

Remortgage early: How much could you save by remortgaging early?

With interest rates at record lows and unlikely to drop further, experts say now may be the perfect time to lock into a cheap deal. Typically, mortgage lenders inform borrowers of new offers two to three months before the end of their existing fixed term. Once borrowers are approved for a new rate, remortgage offers are then usually valid for up to three months.

Others have imposed a host of different rules governing the use of coins, notes and debit cards on a range of different routes. British Airways no longer takes cash for food and drink on short-haul flights.

While thousands of bank branches across Britain have closed over the past ten years, 93 per cent of people live within just a mile of a post office branch or franchise.

ASK TONY: I was left penniless in Poland thanks to Santander

I phoned my bank, Santander, to say I would be travelling to Poland. I was told that, as it is an EU country, there was no need to contact the bank and I could use my card normally. However, when I tried to withdraw money at a cash machine I was unable to. I phoned Santander and was told to try again. The same thing happened.

Currently customers benefit from two compensation limits - one for Clydesdale and one for Virgin Money - because they are currently two separate banks. This will change in October.

More than three million bank customers in the UK using the 'voice ID' system to access their accounts. Unlike some new technologies, which many people find complicated, it is simple to use.

The cash Isa comeback! Savers pour £6bn into tax-free accounts in just five months 

Experts say stock market uncertainty around Brexit and unknown trade deals, along with fears of breaching the personal savings allowance, has turned the spotlight back on these once-popular accounts. Higher rates fuelled by more competition from new banks have also helped. Anna Bowes, director at advice site Savings Champion, says: 'Savers' appetite for cash Isas has been reignited.

Former customers of Extra Energy are now having money taken from their banks without

A former Extra Energy customer was left without money to pay her mortgage last month after the defunct supplier took an unexpected payment of £540.73 from her current account. The reader claimed it took the payment without warning after she failed to cancel the direct debit with the company. She added that she is certain she didn't owe the firm any money.

The Big Six supplier said the decision was made in response to Britons become increasingly aware of the impact their energy usage has on the environment.

The Office of Tax Simplification has now released two 100-page reports about inheritance tax in the past eight months. In summary: this tax is an utter, unfair mess.

Are you anxious about retirement? Half of over-55s feel ill-prepared

About a third of workers who are over 55 believe they will have to carry on working in retirement to shore up their income, the survey by Close Brothers revealed. Women are struggling significantly more when it comes to saving enough, with three quarters across all age groups admitting they are unprepared for retirement compared to just over half of men, it said.

My mother moved to France in 2007, but since moving back has not been able to close her bank account, and is now incurring interest. What can we do?

Lloyds and Bank of Scotland current customers with less than £4,000 in the bank will see the interest paid on their balance slashed by a third from October.

The Mini Electric is revealed and it will be made in Britain

The new plug-in Mini Electric accelerates briskly from rest to 62mph in 7.3 seconds and will on to a top speed electronically restricted to 93mph, with a range between 124 and 144 miles. The Mini Electric will be built at the same Oxford factory as its ancestor and the zero-emissions three-door hatchback with go-kart style handling has a starting price of under £25,000 after a £3,500 taxpayer-funded government subsidy.

All payments to people who invested in car parking spaces run by three Park First firms and Help Me Park Gatwick have been frozen after the businesses collapsed.

So far, major banks and building societies have agreed to abide by the strict new rules, under which victims will also receive a refund as long as they have not been negligent.

Would you swap a one-bed flat in London for a four-bed converted water tower in Devon?

The four-bedroom family home in Devon is a converted water tower that is part of a development of Victorian buildings renovated in the 1990s. It has a price tag of £450,000 - the same as a typical one-bedroom flat in London. A room occupies each floor of the water tower, including a kitchen on the first floor and an observatory on the top floor, with 360 degree views of Dartmoor.

What's going on at Silverstone and why was its place on the Formula One calendar in doubt? That's the question assistant editor Lee Boyce and broadcaster Georgie Frost tackle this week.

UK peer-to-peer investors have seen their returns fall by nearly 2.5 percentage points in the last three years thanks to mounting losses, analysis shows.

Care home group Four Seasons' 16,000 elderly residents are thrown lifeline as buyers

The future of the care home operator was plunged into doubt when its two parent companies went into administration this year, suffocated by a £730m debt pile. But multiple bids to buy the whole of the struggling group have now been tabled. Administrator Alvarez & Marsal has tried to sell the business since its appointment in April, and said that more than 45 potential buyers have shown an interest.

The housebuilder said it built more homes last year and it had made 'good progress' in exiting central London to focus on 'the strong growth opportunities' in outer London.

Samuel and Shantelle Golding, aged 42 and 40, were handed more than £15m by over 1,000 savers through their firms Digital Wealth and Outsourcing Express.

The recruiter now expects operating profit for the year to come in at the lower end of the £156.5million to £168million range.

Heineken tripled the size of its UK pubs business, Star Pubs & Bars, to around 2,700 sites after its £403m takeover of Punch Taverns in 2017.

UK economy stalls AGAIN as GDP growth shrinks for second month in a row

The latest assessment of economic growth showed UK GDP grew by just 0.3 per cent in the three months to May this year. Growth has been on a slide since Brexit was delayed in March. Labour said the figures showed the need for a new approach to be taken to the British economy.

Publishing its delayed final results for the year to the end of April, the fashion chain said it made a loss before tax of £85.4million, compared to £65.3million profit the previous year.

Lloyds Bank is one of a handful of firms accused of systematically 'robo-signing' documents on an 'industrial scale' to speed up repossessions and recover debts.

Sterling dropped 0.4 per cent to $1.246 against the dollar, the lowest level since April 2017 except for a brief 'flash crash' in January this year, and to €1.112 against the euro.

The blaze in Hampshire, which razed one of its high-tech delivery centres and cost it £98.5m, hit sales growth by around 2 per cent in the first half of the year.

Sanrio owns the intellectual property rights for the cat - supposedly an English schoolgirl, Kitty White - and other creatures, including the Mr Men and Little Miss cartoons.

Easyjet closed down 3.4 per cent, or 34.1p, to 983.4p, while IAG fell 1.6 per cent, or 7.2p, to 443.1p. Ryanair also lost 4.8 per cent, or €0.52, ending at €10.29.

Is it worth paying the premium for organic bedding and towels?

A flood of cut-price fashion and homewares brands into the mainstream has encouraged many of us to adopt a 'there's plenty more where that came from' mentality. So, a whistle-stop tour of several textiles factories in Guimaraes, Portugal, making organic towels and bedding proved an eye-opening experience. Organic products come with a heftier price tag, but what difference does it really make to the planet?

Boss Jason Hargreaves said 'awful spring weather' forced them to start discounting early, as 'the market deteriorated significantly through the course of the quarter'.

Another of its creditors, property firm M&G;, dropped its own legal challenge against the restructuring process, known as a Company Voluntary Arrangement (CVA).

I am 38 and in debt so can I access my pension early?

I have fallen on hard times and run up a lot of personal debt. Is there any way I can pay a penalty and access my pension funds? I've plenty of time to replace them. Our pensions agony uncle Steve Webb says it is not illegal to access the money in your pension before you are 55, but it is very unlikely to be the best course of action as scammers are rife and there is a very heavy tax penalty to pay in most cases.

How Help to Buy can push homeowners into accidental arrears

This is Money recently revealed that systems to collect the interest on Help to Buy equity loans were not put in place for all homeowners when some of the loans were originally set up. Now, some of those same homeowners say they are experiencing a fresh batch of problems.

Britain is quickly becoming a cashless society - with banks encouraging us to ditch money, pay by contactless card and do all our banking online. Now some banks are refusing to accept or give out coins.

Mr Woodford, 59, from Berkshire, has refused to stop charging customers and is claiming that fees cover essential costs. If the fund isn't opened until December, the fee total could reach £12million.

Lindsell Train rollercoaster exposes power of Hargreaves' best buys

Hargreaves Lansdown dropped two Lindsell Train funds from its 'Wealth 50', sending the entirely separate Lindsell Train investment trust, which holds a chunk of the fund manager's firm, on a rollercoaster share price ride. Hargreaves' decision was not driven by concerns over Train's investments but all to do with fears it could face yet more criticism for the way it puts its best buy list together.

Nail Woodford's latest appearance on social media to explain the continued suspension of his Equity Income fund did little to assuage the anger of many investors trapped in it.

Neil Woodford, his business, its associates and the fund management industry have been thrown under the spotlight, but ultimately, will all this fuss and fiasco make any difference?

Beware investing at With Profits BVBA, says Tony Hetherington

I was contacted out of the blue by a gentleman from With Profits BVBA, who gave me a sales pitch similar to one you outlined recently in an article about a scam company. Take a look at its website at www.withprofits.co. I am not going to invest, but I thought this might help your investigations.

Top 5 tips you need to follow so you don't get ripped off at a car rental desk

With all the excitement of arriving at your holiday destination, it can be easy to just grab the keys for your hire car from the rental desk without giving it a second thought. This is especially the case if you've endured a long flight, extended travel with small children or are arriving in the early hours. But there are five checks that are essential for all car-hiring holidaymakers to make that will really pay off in the long run - and potentially save you money and the headache of disputes with rental vehicle providers.

When one of the world's leading fund managers, renowned for his passion for equities, says every investor's portfolio should have a heavy dose of exposure to gold, it is time to sit up and listen.

How crooks clone real companies to trick you into investing

Fraudsters are ripping off the names of genuine financial companies to win trust from potential victims - and the threat to UK consumers is rising. Known as 'clone companies', the villains behind them trick people into believing they are dealing with a reputable business so they will hand over thousands of pounds of their savings. They do this by spinning a web of lies - stealing the details of properly regulated firms and passing them off as their own.

What's been built on the green belt near you? How to check

The Ministry for Housing, Communities and Local Government has published detailed development breakdowns for green belts for 185 local authority areas for the first time - revealing that just 0.28 per cent of England's green belt is taken up by housing, while 16 times that is taken up by transport and utilities.

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.

Best stocks & shares Isas: Pick the best DIY investment 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.

Best mortgage rates: Compare fixed rate and tracker rate mortgage deals

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: 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

Premium Bonds Winners

Prize Area Value of bond
£1,000,000 East Sussex £25,000
£1,000,000 County Durham £10,000
£100,000 Dorset £5,000
£100,000 Bedfordshire £25,000
£100,000 Preston £5,000
£100,000 Devon £30,000
£100,000 Bedfordshire £10,000
£100,000 Shropshire £49,800
More July 2019 winners
View list of July 2019 winners
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