Money

UK inflation rate dips to 30-month low of 3.2% in March

UK inflation rate dips to 30-month low of 3.2% in March - That’s a little higher than economists had expected

Women reveal why they chose financial security over love

Women reveal why they chose financial security over love - ‘Don’t ever let a man or anyone limit your freedom,’ one person wrote

We're fund managers and these are the six big investment lessons we've learnt over the years

We asked six of Britain's foremost investment managers to share the most important ones they've learnt.

One small thing that can make the biggest difference to your family when you die

Most people who take out a life insurance policy do so for peace of mind, knowing their family will get a lump sum payout when they pass away. However, it could also provide a headache for grieving relatives, who can get caught out by unexpected tax bills and payout delays when they try to cash the policy in. Writing a policy into trust is one way ...

Average net worth of Americans by age — see how you compare

I'm an Isa millionaire: Here are my top tips for building a chunky tax-free pot

Our reader Mr H is one of the lucky few with an Isa worth over £1m and has shared how he became an Isa millionaire and his top tips for increasing your pot.

Latest UK inflation fall matches Bank of England expectations, Bailey says

By Pete Schroeder WASHINGTON (Reuters) - British inflation is broadly declining in line with the Bank of England's forecasts, and next month's numbers look on track for a sharp drop towards the central bank's 2% target, Governor Andrew Bailey said on Wednesday. "We're actually pretty much on track for where we thought we would be," Bailey said at an event in Washington hosted by the Institute of

Stoke to pay for Kayleigh McDonald’s ACL surgery after her GoFundMe plea

Stoke City have agreed to pay for a player in their women’s team to undergo surgery on an anterior cruciate ligament injury after she started a GoFundMe page in order to cover the necessary costs. Kayleigh McDonald sustained the injury during Stoke’s 2-1 defeat to Burnley in the Women’s National League North last month and, having undergone a scan, claims she was told by the club that she would have to join an NHS waiting list in order to...

Giuliani’s bankruptcy could cost him his apartment, his jewellery and, perhaps worse, his Joe DiMaggio shirt

Giuliani’s bankruptcy could cost him his apartment, his jewellery and, perhaps worse, his Joe DiMaggio shirt - From multimillion-dollar properties to luxury watches (and a replica signed Joe DiMaggio shirt), the former New York mayor and Trump attorney may have to part with some cherished items to pay his creditors, writes Kelly Rissman

Hot Inflation's Impact From Japan Luxury to Dollar Stores

Persistent global inflation and US dollar strength are creating unexpected effects on consumers, from luxury arbitrage in Japan to a new wave of discount store billionaires across Asia. Bloomberg's Mark Cranfield, Lisa Du and Ada Li discuss with Haslinda Amin on Bloomberg Markets Asia.

US aid to Ukraine: Date of vote in Congress is set, what it means

The House of Representatives in the USA could approve funding for assistance to Ukraine as part of Speaker Mike Johnson's initiative as early as this week. However, this is not the only issue that congressmen will be considering. RBC-Ukraine explains when and what the House of Representatives will be voting on. The material was prepared using state...

MSNBC reporter Joy Reid praises ‘wonderfully poetic’ Trump prosecutor

MSNBC reporter Joy Reid praises ‘wonderfully poetic’ Trump prosecutor -

PS5 Slim price cut to under £430 at Amazon and Very

Sony's PS5 Slim console has once again received a price cut, with new offers on the disc and digital versions.

Money pours out of Liontrust as investors quit UK shares

Money pours out of Liontrust as investors quit UK shares -

Lebanon says Israeli agents likely killed Hezbollah-linked currency exchanger near Beirut

Lebanon says Israeli agents likely killed Hezbollah-linked currency exchanger near Beirut - Lebanon's Interior Minister says Israeli agents were most likely behind this month's killing of a U

Newcastle struck gold on star whose value has soared by 158% in 9 months

He only arrived at St James' Park last summer.

The average salary you can expect in the UK based on your age (and how to get it)

Want a pay rise?

'The Money Kings': History of US attitudes towards Jews, antisemitism

Daniel Schulman tells the story of German-Jewish immigrants who hit Wall Street, their impact on modern corporate finance, IPOs, anti-trust legislation, Zionism, and antisemitic conspiracy theories.

Cash for clutter: how to make money from what’s in the attic

One person’s rubbish is another person’s treasure, as they say, so you could make a chunk of cash by selling unwanted items cluttering your attic and cupboards. Coins, retro toys and games, old tech, books and magazines can all be sold, with some items possibly worth a lot more than you may think. Dig out old toys Toys don’t have to be 50 or 100 years old to be worth money. For example, Beanie Babies became a big collectible in the 1990s, and...

Australia rises to second in world budget management rankings, IMF data shows

Australia’s overall budget balance is the second strongest among G20 nations, behind only Canada, according to the International Monetary Fund’s latest fiscal monitor. The IMF’s half-yearly update, released on Wednesday night, found Australia’s overall budget balance came in at -0.9% of gross domestic product in 2023, with only Canada’s budget position (-0.6%) faring better. Australia has shot up the rankings in the latest data, having placed...

Crypto experts predict historic bitcoin price change after upcoming ‘halving’

Crypto experts predict historic bitcoin price change after upcoming ‘halving’ - The last halving four years ago preceded a five-fold price increase

Jury selection in Trump hush money trial faces pivotal stretch as former president returns to court

WASHINGTON (AP) — Jury selection in the hush money trial of Donald Trump enters a pivotal and potentially final stretch Thursday as lawyers look to round out the panel of New Yorkers that will decide the first-ever criminal case against a former president. Seven jurors have been picked so far, including an oncology nurse, a software engineer, an information technology professional, a sales professional, an English teacher and two lawyers. Eleven...

Britain's insurers under pressure over spike in car insurance premiums

By Huw Jones LONDON (Reuters) - The rising cost of car insurance has triggered a barrage of complaints in the cost of living crisis, Britain's financial watchdog told lawmakers on Wednesday, as the sector insisted that prices remain at 2018 levels in real terms. Matt Brewis, director of insurance at the Financial Conduct Authority (FCA), said he has heard "heartrending stories" from people

DWP warns carers they could face greater penalties if they appeal against fines

Government officials have been accused of using “threatening and cruel” tactics towards unpaid carers by saying they could face even greater financial penalties if they appeal against “vindictive” benefit fines. This month a Guardian investigation revealed that thousands of people who look after disabled, frail or ill relatives have been forced to pay back huge sums after being chased by the Department for Work and Pensions (DWP) over “honest...

Arrests made and thousands of victims contacted after scammer site taken offline

Arrests made and thousands of victims contacted after scammer site taken offline - Law enforcement agencies have arrested 37 suspects across the UK and around the world

We endured a 48-hour journey from hell before my BA Gold Member status came to the rescue

The first hint our journey home from the Caribbean might not go as smoothly as planned came with an American Airlines (AA) email that popped into my inbox on the evening before our departure. “Adverse weather may affect your travel plans,” it warned sombrely, before explaining that predicted storms in Miami the next day could disrupt flights. It ad...

Top 6 US industries where you can earn the most money

This is how much you'll spend on rent before buying your first home

Seriously grim.

The compound investment 'tipping point': When do your returns double what you put in?

In a powerful argument for investing long term, compound growth can account for an ever larger share of your portfolio or pension fund, Myron Jobson of Interactive Investor explains.

Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown

HONG KONG (Reuters) - Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific region this week, sources said, as they ramp up cost-cutting, with weaker dealmaking and sluggish markets in China and Hong Kong weighing on business prospects. Morgan Stanley is cutting at least 50 investment banking jobs in the region starting this week, three sources with knowledge

7 Online Side Hustles Worth Your Time

Combat inflation and rising prices with an online side hustle. Here are some doable options that will be worth your time.

I'm retiring after 40 years as a fund manager and this is what I've learnt: Richard Buxton on life as a professional investor

Since the early 1980s, Buxton has done his very best to make money for investors at a string of investment houses.

Royal Mail owner rebuffs bid from Czech billionaire Kretinsky

By Amy-Jo Crowley, Emma-Victoria Farr, Marek Strzelecki and Jan Lopatka LONDON (Reuters) -Czech billionaire Daniel Kretinsky is working on improving an offer for the owner of Britain's Royal Mail, a source with knowledge of the plans said on Wednesday, after his investment vehicle said it had made a non-binding bid this month which was rejected. Reuters reported earlier on Wednesday that

President Joe Biden weighs in on WNBA pay disparity amid outrage over Caitlin Clark’s salary

President Joe Biden weighs in on WNBA pay disparity amid outrage over Caitlin Clark’s salary - Celebrities and basketball fans react in shock after Caitlin Clark’s first-year WNBA salary revealed

Calling all job hunters, these are the UK's happiest industries to work in

Time to start refreshing that CV.

Angela Rayner faces new questions over tax on homes

Angela Rayner is facing new questions about her financial affairs after it emerged that capital gains tax may be owed on another property. Ms Rayner, Labour’s deputy leader, insists that a house she sold for a large profit in 2015 was her main residence – which, if true, means her husband Mark Rayner should have paid capital gains tax on a property...

How much money do people your age usually save? See how you compare

How much are people saving each year, and how does that change depending on what stage of life they are in? A new study looked at how our emergency funds change over our lifetimes.

London house prices down five per cent — but one borough has bucked the trend

London house prices down five per cent — but one borough has bucked the trend - House prices fell almost five per cent across the capital, but some boroughs show signs of growth

World faces permanently higher interest rates, warns Bank of England official

Consumers face the prospect of permanently higher interest rates amid geopolitical tensions and “slower globalisation”, a Bank of England official has warned. Megan Greene, an external member of the Monetary Policy Committee, said the last mile of slowing down the pace of inflation would be the hardest as she spoke during an event hosted by the IIF...

Thames Water creditor backs plan to break up business

A leading bondholder in Thames Water has backed plans to break up the business as it races to stave off collapse. The prospect of carving up Thames Water is gaining momentum ahead of a rescue plan that bosses are expected to unveil on Friday. Luke Hickmore, a fund manager at Abrdn who holds secured bonds in Thames Water, said he would support a spl...

Four Ways to Give Money Tax-Free to Your Kids When You Die

If you’d prefer that your estate not pay more taxes than necessary, then these strategies are for you.

Turning an empty ISA into £20,185 of yearly extra income… in just 15 years

We'd all love an extra income, whether it's for retirement or to top up our earnings. Dr James Fox explains how to do it when starting with nothing. The post Turning an empty ISA into £20,185 of yearly extra income… in just 15 years appeared first on The Motley Fool UK.

How to care for a Chinese money plant — 8 pro tips to keep them happy and healthy

The experts reveal how to care for a Chinese money plant correctly — including watering requirements and common problems to look out for

Lloyds Bank warns customers after £1m lost to Taylor Swift ticket scam

Taylor Swift fans are thought to have lost £1m to fake ticket scams ahead of her upcoming Eras tour. Lloyds Bank has issued a warning to fans, saying that more than 600 of its customers have come forward so far to report being scammed. The figures were based on analysis of purchase scams reported by customers of the banking group in the year to Mar...

Musk's £45bn payday goes to a vote just months after the deal was struck down in court

In a setback for Musk, 52, a Delaware judge ruled in January that this deal, which would be the biggest ever in US corporate history, should be voided.

Measuring the True Cost of Trump Tax Cuts

Natasha Sarin, professor at Yale Law School, is the co-founder of The Budget Lab, which analyzes federal policy proposals for the American economy. She says that a full extension of the Tax Cuts and Jobs Act would cost the economy hundreds of billions of dollars over the next few decades.

These are the jobs with the largest gender pay gaps where women earn less than men

Is your industry one of them?

£20k second income? Here’s my £5 a day strategy to get there

£5 doesn’t go as far as it used to, yet with the right investment strategy I think it could build towards a yearly £20k second income. The post £20k second income? Here’s my £5 a day strategy to get there appeared first on The Motley Fool UK.

Emma Raducanu’s company posts £9.6m profit mostly through commercial endorsements

Emma Raducanu’s registered company made a profit of almost £10 million in 2023, according to records posted at Companies House. ‌The company in question – Harbour 6 Ltd – was registered in 2020, the year before Raducanu shot to fame by winning the US Open as a qualifier. ‌She is identified as the sole director and the only employee of the company, ...

Single ticket wins £5.2 million lottery jackpot

Single ticket wins £5.2 million lottery jackpot - The estimated jackpot for Saturday’s Lotto draw now stands at £3.8m.