From April, hundreds of thousands of small businesses will be hit with huge tax hikes. Many say their so-called business rates will be so high, they will struggle to survive. In some cases, local shopkeepers who are only just about earning a living face paying thousands of pounds a year extra. It couldn't come at a worse time, with Britain's high streets already blighted by sweeping closures caused by internet shopping, parking restrictions and rising business rates.
THIS IS MONEY'S SIX OF THE BEST
DON'T MISS
- How risky are mini-bonds? Touted returns of as much as 15% sound promising - should I invest?
- A third of car buyers face paying at least £10,000 more for the most popular motors Credit score gap sends interest rates soaring.
- Safety net for savers is restored to £85k after the pound plunges to a six-and-a-half year low against the euro
- Want a share of £1m funding for your small business? UK round opens for international innovation prize
- Demand a better deal from your supplier with our Winter Collective tool 'People power slashed my energy bills by £300 a year'
- Would you buy this house? We visit luxury leaseback apartments in Chamonix to find out about the easy way to own and let a ski property
- 'I can live with the abuse over Brexit, but death threats? They are WAY out of bounds' ...says Pimlico Plumber boss who bankrolled Parliament vote
- Is your local bank or building society about to shut? We reveal the full list of branch closures for 2017
- 'I received a £4k tax rebate for dodgy investments - but now HMRC wants it back' TONY HETHERINGTON investigates
- Banks and lenders face clampdown from the Bank of England on household borrowing Booming consumer borrowing has been a key force behind Britain's strong economic performance
- We rate the services delivering groceries to your front door Think outside the box for your food shopping
- JEFF PRESTRIDGE Why it is right to shine a light on the good, the bad and the ugly insurance companies
- Trapped in a poor investment? Afraid of exit penalties? Here's how to stage The Great Escape with your finances
- SIMON WATKINS: Britain's credit boom is heading into dangerous territory again
- Retirees in 2017 look forward to income of £18,100 a year - but that's still less than before financial crisis
BUSINESS & MARKETS
MARKET REPORT: Pepsi Max sparkles and lifts Britvic shares by 6% as firm reports a 4.3% rise in sales to £351m
Revenues in the UK were up 2.2 per cent to £209.8m, with sales of fizzy drinks such as Pepsi Max and 7UP up 5.5 per cent while still revenues fell 3.8 per cent. Britvic has a deal with American drinks giant PepsiCo to produce and sell some of its famous brands including Pepsi, 7UP and Mountain Dew in the UK.
BT bosses and wives buy £500k of shares after price slumps 20% in wake of Italian accounting scandal
SAVE MONEY, MAKE MONEY: OUR TIPS TO GET RICHER
- This is Money's five favourite best buy cash Isas for 2016
- Looking for a better bank? Five of the best current accounts
- Energy bills: Could you cut 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
Christabel missed one check when buying her dream house...and it cost her £3k
After viewing the pretty four- bedroom Georgian town house overlooking the seafront, Christabel Smith and her husband Jonathan felt they had found their dream home. However, their joy at moving into the house in Ramgsgate, Kent, in December 2015 soon turned to despair. Within weeks the boiler packed up and replacing it would cost nearly £3,000.
My wife is a retired teacher still saving into a private pot, will she be hit by new 'pension recycling' tax trick limit? Steve Webb explains
My wife is a recently retired schoolteacher and now receives her teacher's pension. She also has a private pension that she has paid into for many years. She is still contributing less than £10,000 a year and has not drawn anything from it to date. Will she be affected by the new £4,000 a year limit? Steve Webb, This Is Money's pension Agony Uncle, replies.
A lender that's OPENING branches and using your money to help local firms... So would you invest in Folk-2-Folk for 6.5% interest?
How would you feel if you could get an interest rate of up to 6.5 per cent on your savings, and help businesses in your community to prosper at the same time? That is the premise behind Folk2Folk, a Cornwall-based peer-to peer-firm that gives lenders the option to back local firms with their cash. Here we look at the benefits and the risks of investing in this way.
Fix your buy-to-let mortgage at 2.99% for ten years: Barclays deal means landlords can think long-term to overcome tougher rules on rent
Barclays has launched a 10-year buy-to-let mortgage fixed at 2.99 per cent with a £2,000 product fee in a move that brokers have dubbed 'highly unusual'. And because the term is fixed for 10 years, landlords could potentially borrow more than they could on a short-term fixed rate.
Britain's buy-to-let tax regime will be one of the toughest around, landlord chairman warns, as he calls for crackdown to be reversed
Chairman of the Residential Landlords Association, Alan Ward, calls on the Chancellor to U-turn on tax hikes and warns that a failure to do so could push up rental costs. The new tax regime will be much stricter than those in Germany, the US and Australia, for example, and he outlines ideas to change the system.
The stunning nautical-themed Rolls-Royce that is the last ever Phantom VII to be made, as its 14-year run ends
The final Phantom is an extended wheelbase car with a nautical theme created for a 'renowned contemporary Rolls-Royce collector'. With 1930s ocean liners etched into the interior wood panels, sea-coloured paint and hand-cut lambswool carpets mimicking a wake among the features on the car, pictured, send-offs don't get much more flamboyant than this.
'Why are we stuck with such slow broadband in our new build home when our neighbour's is superfast?'
John Tubbrit and his family are regularly stuck with broadband speeds of 2Mbp/s or less, leaving them rarely able to use the internet for anything other than very basic web browsing. When they bought the house they were told there wouldn't be a problem with internet speeds. Pictured: John's daughter, Nicole.
Ever wondered how your coins are made? LEE BOYCE takes a trip to the Royal Mint in Wales to find out (and discovers they are actually pickled...)
The Royal Mint, in South Wales, has opened a £9m visitor centre. It's a treasury trove of history and I think it is one of the most interesting visitor attractions in Britain. I learnt about Isaac Newton being Master of the Mint, how coins are made in German machinery and about pickling - pickling coins that is.
A third of car buyers face paying at least £10,000 more for the most popular motors, as credit score gap sends interest soaring
More than two million cars were purchased on finance in the UK last year, but a third of buyers could be paying tens of thousands of pounds more than others due to poor credit scores. Credit check firm Clearscore compared the cost of finance on Top Gear's ten hottest cars for a buyer getting a standard 5.9 per cent interest rate and a poor credit borrower paying 32 per cent interest - with the gap costing upwards of £14,000 over five years.
People power slashed my energy bills by £300 a year: Demand a better deal from your supplier with our Winter Collective deal
Rising wholesale energy prices have added £121 to the average gas and electricity bill over the past eight months, according to Energy Helpline. But could you save hundreds of pounds a year on your energy bills and save time shopping around for the best deal through the power of collective bargaining?
MORE BUSINESS & MARKETS NEWS
MARKET REPORT: British engineer's share price leaps 6% after £3.4bn US merger rumour
Rumours of a tie-up with a US rival helped British engineer WS Atkins build a 6 per cent rise to its share price yesterday. It followed a report that American firm CH2M - which is involved in Britain's new High Speed Two rail line - had approached bosses at WS Atkins about a possible £3.4 billion merger. The companies have worked together on a string of projects, including the Thames Tideway Tunnel and the 2012 London Olympics. If it went ahead, a merger would create a global engineering giant responsible for 43,000 workers.
£790m bust up at Euro Disney: Investors claim theme park is being crippled by sky-high fees levied by US parent
Small investors in Disneyland Paris have declared war on Walt Disney and are demanding the return of £790 million. Activist hedge fund CIAM is leading a group that claims the theme park has been crippled by grossly inflated license and royalty fees. They say Walt Disney has siphoned cash to force Euro Disney into a loss every year for the past 15 years - despite the resort boasting 15 million annual visitors.
YOUR MONEY ESSENTIALS
MIDAS SHARE TIPS: Old guard return as portfolio puts on a brisk march
Midas takes a new look at the Dogs of the Footsie, the experimental portfolio that tracks the ten highest-yielding stocks in the FTSE 100 index. Back in July, Theresa May had just become Prime Minister and most economists thought that the UK was heading for economic misery, following the Brexit vote a few weeks earlier. Since then, Britain has confounded expectations, powering ahead to become the fastest-growing economy among the G7 countries last year
Think outside the box for your food shopping: We rate the services delivering groceries to your front door
Demand for home delivery of groceries is soaring, with sales up 29 per cent last year. Here, The Mail on Sunday looks at how you can keep delivery costs to a minimum while analysing some of the more bespoke - and traditional - delivery services available. The online grocery shopping revolution has been driven by the high street supermarket.
Retirees in 2017 look forward to income of £18,100 a year - but that's still less than before financial crisis
Retirement incomes remain below the peak of £18,700 at the start of 2008, before the financial crisis fully hit home and low interest rates slashed annuity and savings income. Prudential research also found that 45 per cent of retirees felt financially unprepared to stop work, a number that has barely changed over the past decade despite huge changes to pensions.
'Cash machine desert' warning for British bank customers as row erupts over funding of free ATM network
Banks at the moment pay 30p to independent cash machine providers each time one of their current account customers withdraws cash from a non-bank ATM. Some account providers are threatening to pull out of the Link system because they say the fees are too high- especially compared to what they pay other banks for use of their ATMs.
New year sees spate of mortgage rate cuts - but brokers warn it won't last: What are the best deals if you want to remortgage now?
Banks and building societies are battling it out in an effort to tempt homeowners to remortgage with a spate of mortgage rate cuts and offers in the past week. Yorkshire, West Brom and Coventry building societies have all sliced their rates to new lows, while high street lender HSBC has launched several cheaper deals for those with a reasonable slug of equity.
Nothing will get you to the slopes faster: Freestyle skier Jon Olsson puts his souped-up Lamborghini with a roof box for his skis up for sale
Just three months after creating what he calls the 'MONSTER Huracan', the former professional winter-sport athlete turned YouTube star has decided to put his ski-ready supercar up for sale. Costing in excess of £300,000 to build, he's asking for £210,000 for the car, which has covered 2,360 miles in total.
My state pension forecast says I'm due full £155, but surely it's wrong because I contracted out? Steve Webb replies
Former Pensions Minister Steve Webb is This Is Money's Agony Uncle. He is ready to answer your questions, whether you are still saving, in the process of stopping work, or juggling your finances in retirement. This week, a reader who thought he would get less than the full £155-a-week state pension is confused to find out otherwise.
SMALL BUSINESS: NEWS, TIPS AND SUCCESS STORIES
Market in good shape as crowdfunders pile in to help fledgling businesses get off the ground
Crowdfunders have benefited from a healthy increase in the amounts raised, according to new figures. In the sector's largest markets - the US and the UK - the overall number of campaigns launched slumped, with a 17 per cent decrease last year from a high reached in 2015. But the average sum raised increased by 22 per cent. The average amount pledged was also up by 2 per cent to $93 (£75) and successful campaigns saw 6 per cent more backers.
MPs call for action on maternity pay for self-employed women across the UK
IPSE, the association for the self-employed, has welcomed a call from a cross-party group of MPs for action to 'get women working', including a recommendation to bring maternity allowance and statutory maternity pay in line to support self-employed women. The Women and Work All-Party Parliamentary Group last week recommended supporting women from the moment they take a career break, for example because of motherhood or caring responsibilities, as well as supporting their return to the workplace. There are 1.5 million self-employed women in the UK, up by a third since 2011. They are entitled only to maternity allowance, not statutory maternity pay.
GUIDES: HOW TO SAVE MONEY AND MAKE MONEY
WHAT YOU NEED TO KNOW ABOUT YOUR MONEY?
50 ways to save money: Simple steps to cut what you spend that could clear your debts or seriously boost your savings
To clear the average national household debt of ?13,000 at 6% interest with a monthly repayment of ?100 will take around 17 years. There are, however, plenty of simple ways to make significant savings on your regular spending that could clear your debt - or boost your savings - in less than a year. This is Money's top 50 - updated - money-saving tips may appear light-hearted but are deadly serious.
How much money 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 mortgage rates? More cuts arrive so should you fix now?
Several months after the Bank of England slashed the base rate to 0.25 per cent and lenders are still cutting mortgage rates on almost a weekly basis - but how low can they really go? The experts say not a lot lower and it's likely that if you get a mortgage at the moment, it's going to be a pretty cracking deal.
Ten tips for buy-to-let: the essential advice for property investors
For many buy-to-let looks an attractive income investment in a time of low rates and stock market volatility. Climbing house prices, rising rents and improving mortgage deals are tempting investors - although they will need a big deposit. Read This is Money's top ten buy-to-let tips
ABOUT THIS IS MONEY
Premium Bonds winners
Prize value | Winning bond No. | Area |
---|---|---|
£1,000,000 | 138XC676243 | Outer London |
£1,000,000 | 123KY115050 | Liverpool |
£100,000 | 262JM830208 | Ealing |
£100,000 | 236QB428974 | Lancashire |
£100,000 | 225RZ668018 | Nottinghamshire |
£50,000 | 53DT537366 | North Yorkshire |
£50,000 | 273NA765027 | Edinburgh |
£50,000 | 257EV511692 | Staffordshire |
£50,000 | 164NH497160 | Central Scotland |
£50,000 | 142ZW890748 | Edinburgh |
£50,000 | 138KC696434 | Cornwall |
THE INVESTING SHOW
- Investing Show: Where to invest for income and how to spot the best dividends
- Investing Show: How to profit from property in the world's best cities
- Investing Show: Should investors worry about political upheaval?
- Investing Show: Will President Donald Trump prove to be good for investors?
- Investing Show: Should you invest in a VCT for 30% tax relief and exciting growth companies
- Investing Show: Is now a good time to buy emerging markets?
- Investing Show: Banks are suffering but they're good value in an expensive market, says Richard Buxton
- Investing Show: We've bought US tech stars like Tesla because of how great they could really become, says Scottish Mortgage's Tom Slater
- Investing Show: Banks are suffering but they're good value in an expensive market, says Richard Buxton
- Investing Show: Should investors worry about the US election, banks and a 'hard Brexit'?
- Investing Show: Can investors make money by keeping it simple?
- Investing Show: Rate cuts are pointless but infrastructure is the next opportunity for investors
- Investing Show: The value investor who likes unloved bank and supermarket shares
- Investing Show: Best places to invest around the world to beat Brexit
- Investing Show: Where should you invest and what should you avoid after Brexit?
MOST READ MONEY
- Will easy-access savings get better in 2017? Glimmer of competition as RCI Bank raises best-buy rate to 1.1%
- Gold isn't an investment, it's a bet on people freaking out... but I wonder if it's time to buy that insurance THE MINOR INVESTOR.
- 'Cash machine desert' warning for British bank customers Row erupts over funding of free ATM network.
- New year sees spate of mortgage rate cuts: What are the best deals if you want to remortgage now? Brokers warn it won't last.
- Own a car but rarely use it? Insurer launches pay-as-you-go policy Occasional drivers can dodge high-cost premiums.
- Want to get hold of a new 12-sided £1 coin? They're not out until March, but here's how you can get one now...
- The £834,000 Eagle Spyder GT has landed and it's British craftsmanship at its sumptuous best E-Type retyped.
- A three-bed flat in Waterloo for £20m-PLUS? Luxury penthouses overlooking the Thames and Westminster are sold on the view...
- My state pension forecast says I'm due full £155, but surely it's wrong because I contracted out? Steve Webb replies Former Pensions Minister Steve Webb answers.
- Will filling my attic with boxes help to insulate my house and cut my energy bills? Energy saving tip or urban myth?
- Jaguar Land Rover spearheads record 10% boom in UK car exports as production hits 17-year high SMMT data.
- House prices drop by £3,000 for every minute of train travel out of London.... - try our interactive map to see how much commuters could save.
- One in five executors get landed with the job without warning People write wills without asking first, according to Co-op Legal Services.
- Households spend £15 less on a 'big shop' at discounters Aldi and Lidl than at the Big Four supermarkets
- Freestyle skier Jon Olsson puts his souped-up Lamborghini with a roof box for his skis up for sale Nothing will get you to the slopes faster.
- Who is buying gold and is it set to rise again? The Investing Show looks at gold's prospects.
- Current account shutdown shock for for 100,000 bank customers Yorkshire BS scraps N&P; brand and culls 48 more branches.
- And the winner of our annual customer service Wooden Spoon Award is... BT (again) But the chief exec sends this poor customer care boss to collect it.
- I'm a retiring fireman who has built up £152k in investments and £183k in cash, can I get a good income and enjoy some holidays? Money Pit Stop.
- Sky confirms inflation-busting line rental increase of 8.5%... - amid watchdog probe into rip-off landline prices.
- How to find your way through the maze of the cash Isa We pick the best accounts
- The insurance companies least likely to pay out for your home cover claims Revealed
- The Ford that can outpace a Ferrari: Finally confirms its new GT's top speed of 216mph Ford's supercar
- How house-hunters can still grab a bargain as homes across the country are reduced Days left in the January property sale
- My insurer is blaming me for an accident that I didn't have - even though the third party claimant has no evidence ASK TONY
- Ford Mustang flunks safety test, as examiners blast deliberate lack of life-saving technology on British cars Two star rating
- Britain's national debt poised to hit £1.7trillion Interest payments approaching £40bn a year.
- My TV was smashed by Parcel Force - and now it refuses to pay compensation
- HSBC announces ANOTHER 67 branches will close Post Office in deal with banks to offer High Street banking services.
- Planning to drive to France? If you don't have the correct emissions sticker in Paris you could now be fined up to £117
- Jetting off on a skiing holiday? Make sure you check your travel insurance documents as only one in six policies covers winter sports.
- Rise in fraud 'super cases' means total value of scams which reached UK Courts tipped over £1bn last year Report by KPMG.
- I lent my best friend £25,000 which he promised to pay back when I retired... Now he's ignoring me and I'm worried I won't get my money - what can I do?
- My laminate kitchen worktops from Magnet have started to disintegrate after just a year... - so why is it refusing to replace them?
- Sainsbury's chief used supermarket's staff to do up his £1.5m country bolthole David Tyler's luxury barn conversion near Lewes in East Sussex.
- Here's how savers can still find returns that WILL beat inflation Tips as the cost of living starts to bite again
- 'I've learnt one big thing - the experts always get it wrong' The Big Short author Michael Lewis on his new book about the men who turned economics upside down.
- Carmakers warn of Brexit peril if we pull out of EU single market, but one expert claims that's not true as the weak pound and excellence will bolster sales
- The very exclusive cars Rolls-Royce built last year Carmaker reveals seven unique models its bespoke design team created for the super rich.
- How to slash your equity release mortgage rate Little-known trick could save you thousands - but only if you took one out over five years ago.
- Here's how you can get a refund on delays or cancellations Freezing fog has caused travel chaos.
- Fourteen ways to get fit without spending a fortune How to work out and exercise for less - or even for free.
- How to invest in jewellery and spot pieces worth a fortune From vintage to designer, our guide to putting some sparkle into making money.
- If the banks attempt to re-introduce cash machine charges we will vent our spleen like never before, says JEFF PRESTRIDGE
- Women line up to start their own businesses as they strive for a better 'work-life balance' Thriving businesswomen
- Playbrush signs deal with Unilever for its gadget that transforms brushing teeth into a game to help kids
- 'UK is in denial over Brexit': Davos elite attack Britain's decision to leave EU Soros warns living standards fall
- Five ways to make the most of your home's value and boost your income Are you sitting on a property goldmine?
- An Ariel Nomad, Caterham Seven and Morgan 3 Wheeler on a winter road trip Zenos is no more, but these are still great fun and cheap
- Mini goes totally maxi with the new Countryman - its biggest car ever: It's a practical, casual small SUV, Ray Massey test
- Families are set for higher bills as Big Six energy giants may defy watchdog Ofgem's call to keep a lid on prices
- Exotic and risky bets that can beat Footsie Are you brave enough to take a punt on frontier markets?
- Are you a buy-to-let mortgage prisoner? Brokers warn rising number of landlords are trapped by Government tax crackdown.
- Do FTSE 100 record highs mean Britain is booming? We explain the link between the stock market and the real economy.
- The hottest investment trusts revealed Contrarian Murray International was most searched for in 2016, but income dominated again.
- A daft new car tax system is about to arrive, but wouldn't it be better to just axe it altogether? SIMON LAMBERT asks
STEVE WEBB ANSWERS YOUR PENSION QUESTIONS
- I feel like I've been conned out of a full state pension: how do I know if Government calculations of what I am due are correct?
- My wife has a short time to live and we are trying to make sure I get as much of her state and private pensions as possible - how do we keep hold of her savings?
- Must older married women wait for husbands to reach retirement age to get state pension?
- I had to forfeit my late wife's pension just because I remarried - how is this fair?
- Should I transfer my £16k local government pension pot into a private scheme?
- I don't pay tax but do contribute to a pension - can I get tax relief on my payments?
- I divorced in 1972 and became a single working mum - how did this affect my state pension?
- Will my wife get a state pension increase if I die before she does?
- Will my company still pay into my pension while I'm on maternity leave?
- Tax raid that could wipe out YOUR local shops: Fears new hikes could turn vibrant communities into 'ghost...
- Anguish of shopkeepers whose tax bills are set to TRIPLE: They work all hours for modest profits. Now these...
- Star manager Neil Woodford to unveil a 5% income fund aiming to beat the FTSE by at least 20%
- ASK TONY: TalkTalk put the phone line in my bedroom - now the TV doesn't work
- Shameless workers trying to claim tax discounts for luxury holidays, garden sheds and even betting slips
- Why energy bills should be £142 lower: Power giants have failed to pass on falls in costs of gas and oil
- Norwich & Peterborough Building Society cash to be frozen when parent company axes brand
- How you CAN get a refund if your parcel never arrives: Force firms to cough up with our six simple steps
- MARKET REPORT: Pepsi Max sparkles and lifts Britvic shares by 6% as firm reports a 4.3% rise in sales to...
- BT bosses and wives buy £500k of shares after price slumps 20% in wake of Italian accounting scandal
- Missing: Hot shot trader who funnelled £8bn out of Russia for oligarchs... and landed his City bosses with a...
- HAMISH MCRAE: The big beasts of American business and finance condemn Trump's travel ban
- Shell's £3.4bn sale of North Sea oil assets to pay for its purchase of rival BG Group
- Diageo brings back historic Irish whiskey to take on Jameson-maker Pernod Ricard
- Savings safety net hits £85,000 - But beware... many top deals come with catches that could leave you with...
- The stunning nautical-themed Rolls-Royce that is the last ever Phantom VII to be made, as its 14-year run ends
- Fix your buy-to-let mortgage at 2.99% for ten years: Barclays deal means landlords can think long-term to overcome tougher rules on rent
- My wife is a retired teacher still saving into a private pot, will she be hit by new 'pension recycling' tax trick limit? Steve Webb explains
- Ever wondered how your coins are made? LEE BOYCE takes a trip to the Royal Mint in Wales to find out (and discovers they are actually pickled...)
- Would you pay £20,000 for a Metro? 'Show-stopping' 1984 MG Metro Turbo is expected to sell at auction for big money
- Oil giant Shell sells more than half its North Sea assets to private-equity backed buyer for £3bn
- Trump travel ban wallops air travel as American Airlines stocks plummet by 4.8% with others following suit
- Britain's buy-to-let tax regime will be one of the toughest around, landlord chairman warns, as he calls for crackdown to be reversed
- A third of car buyers face paying at least £10,000 more for the most popular motors, as credit score gap sends interest rates soaring
- A lender that's OPENING branches and using your money to help local firms... So would you invest in Folk-2-Folk for 6.5% interest?
- How you CAN get a refund if your parcel never arrives: Force firms to cough up with our six simple steps
- UK and US regulators slap Deustche Bank with £500m fine following Russia money laundering probe
- Anguish of shopkeepers whose tax bills are set to TRIPLE: They work all hours for modest profits. Now these small businesses could disappear
- ASK TONY: TalkTalk put the phone line in my bedroom - now the TV doesn't work
- £790m bust up at Euro Disney: Investors claim theme park is being crippled by sky-high fees levied by US parent
- MOST READ IN DETAIL
Big Money Questions
- Would it be fairer if everyone paid the same level of tax or should the rich pay more?
- Is the greatest threat to the euro flying under the radar? How a culture clash between Germany and France threatens to destabilise the currency
- Does the amount of cereal in the box tell you as much about the economy as maths and graphs? How YOU can predict the way the economy is moving using everyday signals
- Is MATHS creating an unfair society? How algorithms decide our insurance costs, where police patrol - and even how long we're left on hold
- What is GDP, how is it worked out - and why does it make some people very angry? Find out in the Big Money Questions Show
- Ever wondered why prices always rise? Watch our inflation explainer in the Big Money Questions show
- What is the Bank of England base rate and why does is matter? Watch our quick explainer in the Big Money Questions
- Are our successes down to luck or hard work? An economist crunches the numbers on the Big Money Questions show
- Are you ready for a 100-year life? Watch our tips on planning everything from finances to friendship in The Big Money Questions
MIDAS SHARE TIPS
- MIDAS SHARE TIPS: Old guard return as Dogs of the Footsie portfolio puts on a brisk march
- MIDAS SHARE TIPS: Steel group Severfield has a sporting chance of doubling profits
- MIDAS SHARE TIPS UPDATE: Diamonds as big as a golf ball... now firm Gem Diamonds prepares to add polish
- MIDAS SHARE TIPS: UK's largest pawnbroker H&T to strike gold by branching out into loans
- MIDAS SHARE TIPS: Life group Phoenix rises with £74bn under its wings
- MIDAS SHARE TIPS UPDATE: Bumper year projected for Cineworld as fans line up for a battalion of blockbusters
- MIDAS SHARE TIPS: The biggest winners and losers from 2016 - and the firms that were taken over
- MIDAS SHARE TIPS: There's sweet success and rich rewards on offer if you check in at Hotel Chocolat
- MIDAS SHARE TIPS UPDATE: Unanimous verdict for Gateley shares as they soar 20%
- MIDAS SHARE TIPS: RM Secured Direct Lending's £100m flotation will help boost yield for investors
- MIDAS TIPS: Housing association Places for People's seven-year bond pays investors 4.25% interest
- MIDAS SHARE TIPS: AIM-listed tech incubator Mercia has its eye on the long game
FUND AND TRUST IDEAS
- MAN GLG JAPAN COREALPHA: Forget New York...it's York that's attracting the yen
- THE MERCHANTS TRUST: The fund which has managed 34 years of dividend increases
- WITAN INVESTMENT TRUST: The fund that builds an orchestra of leading investment firms to manage its assets
- THE SCOTTISH INVESTMENT TRUST: The lone wolf fund on the hunt for 'ugly ducklings'
- JPM STERLING CORPORATE BOND: Why this fund is buying into high quality inflation-linked bonds
- POLAR CAPITAL TECHNOLOGY: The trust that's soared 40% in 6 months
- TEMPLETON EMERGING MARKETS INVESTMENT TRUST: Emerging markets face rough ride if Trump imposes tariffs
- SMITH & WILLIAMSON GLOBAL GOLD AND RESOURCES FUND: Mining investors strike lucky as gold regains some of its lustre
- SPW GLOBAL HIGH QUALITY FUND: Our winning strategy is to bet big, be dynamic... and hold lots of cash
- KAMES UK EQUITY INCOME: Seven years of raising dividend payments as mixture of blue-chips and lesser known income shares pays off
- BLACKROCK UK INCOME FUND: Mark Wharrier has made a triumphant return after a ten-year absence
- JO HAMBRO CAPITAL MANAGEMENT GLOBAL OPPORTUNITIES: Cash-rich global fund that's (cautiously) cleaning up
- MARLBOROUGH EUROPEAN MULTI-CAP: It's all about the stocks, NOT the big picture for top Euro fund boss
- ASHBURTON INDIA EQUITY OPPORTUNITIES: How India-based funds are revving up returns for investors
Latest: Mortgages & home
- Christabel missed one check when buying her dream house in Kent...and it cost her £3k
- Bribe warning for new home buyers: Mortgage deals that come with cashback rarely offer the best rates
- How to pick the right property survey: What you need to know when buying a home
- What next for mortgage rates? January sees lenders cut rates and launch cash back offers
- New year sees spate of mortgage rate cuts - but brokers warn it won't last: What are the best deals if you want to remortgage now?
- Hope for self-employed and retired borrowers as two lenders launch new 'complex' mortgages
- How to slash your equity release mortgage rate: Little-known trick could save you thousands - but only if you took one out over five years ago
- North-South house price divide to 'narrow' this year - as the cost of a home in Manchester grows at fastest pace since 2005
- Number of homeowners moving house falls for the first time in five years due to a shortage of 'trade-up' properties
Latest from Saving & banking
- Call for banks to alert family members if large sums are withdrawn from vulnerable savers' accounts
- Virgin Money offering top-paying easy-access account after boosting cash Isa rate to 1.01%
- Savings safety net hits £85,000 - But beware... many top deals come with catches that could leave you with less protection
- Ever wondered how your coins are made? LEE BOYCE takes a trip to the Royal Mint in Wales to find out (and discovers they are actually pickled...)
- Safety net for savers is restored to £85k after the pound plunges to a six-and-a-half year low against the euro
- Bank and building society branches are vanishing all over Britain: Is your local branch about to shut? We reveal the full list of closures for 2017
- Banks and lenders face clampdown from the Bank of England on household borrowing
- Is junior growing faster than his Isa portfolio? Then switch to one with a better rate now
- More than half of Brits admit they have no idea where their money goes as UK household debt reaches record high
- Will easy-access savings get better in 2017? Glimmer of competition as RCI Bank raises best-buy rate to 1.1%
ANSWERS FROM THE Experts
- ASK TONY: TalkTalk put the phone line in my bedroom - now the TV doesn't work
- Energy saving tips: Will filling my attic with boxes help to insulate my house and cut my energy bills?
- ASK TONY: My insurer is blaming me for an accident that I didn't have - even though the third party claimant has no evidence
- My TV was smashed by Parcel Force - and now it refuses to pay compensation
- I lent my best friend £25,000 which he promised to pay back when I retired: Now he's ignoring me and I'm worried I won't get my money - what can I do?
- My laminate kitchen worktops from Magnet have started to disintegrate after just a year, so why is it refusing to replace them?
- 'Deed poll cheque fraud that left me £6k poorer': TONY HETHERINGTON investigates the ridiculously simple way a thief can cash a stolen check
- TONY HETHERINGTON: Mystery life policy has confused my tax office
- I'm getting divorced and need to buy a new home before we sell our old one, will I be hit with extra stamp duty and can I get a mortgage alone?
- What are my rights if a delay causes me to miss a connecting flight if I booked with two different airlines?
Latest from Holidays
- Beat the foreign exchange trap: How to send money overseas cheaply and securely
- How to make sure you really get the best travel insurance policy: From activities that aren't covered, to age clauses and terror
- Has the big chill ruined your travel plans? Here's how you can get a refund on delays or cancellations
- Think you know all the sneaky car hire tricks? Read these horror stories and prepare to be alarmed...
- Flying to Switzerland but heading to Austria, France or Italy? New EU rules mean ski trip Britons hiring cars could face trouble
- Europe here we come! Summer holiday bookings rise despite the weakness of sterling
- Currency exchange: Latest tourist rates
- Flight wars as Ryanair plans nine new routes in a bid to boost passenger numbers to 20M
- Beat the 25% currency hike, get an 18-day break with only nine days' leave and always fly on a Tuesday: 10 tips for getting the most out of your 2017 holiday budget
Currency | Rate | Buy now |
---|---|---|
Updated 01 Feb 2017. | ||
Euro | 1.139 | Buy Now |
US Dollar | 1.228 | Buy Now |
Australian Dollar | 1.608 | Buy Now |
Canadian Dollar | 1.598 | Buy Now |
Chinese Yuan | 8.242 | Buy Now |
Croatian Kuna | 8.421 | Buy Now |
Czech Koruna | 30.65 | Buy Now |
Danish Krone | 8.411 | Buy Now |
Egyptian Pound | 16.27 | Buy Now |
Hong Kong Dollar | 9.421 | Buy Now |
Hungarian Forint | 349.3 | Buy Now |
Icelandic Króna | 134.9 | Buy Now |
Israeli New Shekel | 4.503 | Buy Now |
Japanese Yen | 138.8 | Buy Now |
Malaysian Ringgit | 6.2624 | Buy Now |
Mexican Peso | 24.79 | Buy Now |
New Turkish Lire | 4.514 | Buy Now |
New Zealand Dollar | 1.672 | Buy Now |
Norwegian Krone | 10.07 | Buy Now |
Polish Zloty | 4.881 | Buy Now |
Singapore Dollar | 1.725 | Buy Now |
South African Rand | 16.36 | Buy Now |
Sterling | 1.0 | Buy Now |
Swedish Krona | 10.68 | Buy Now |
Swiss Franc | 1.213 | Buy Now |
Thai Baht | 42.35 | Buy Now |
UAE Dirham | 4.468 | Buy Now |
LATEST ON HOUSEHOLD Bills
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- 'Why are we stuck with such slow broadband in our new build home when our neighbour's is superfast?'
- Amid rash of broadband and line-rental price hikes, Talk Talk offers chance to fix your tariff for two years - but is it competitive?
- Think outside the box for your food shopping: We rate the services delivering groceries to your front door
- Trapped in a poor investment? Afraid of exit penalties? Here's how to stage The Great Escape with your finances
- Households spend £15 less on a 'big shop' at discounters Aldi and Lidl than at the Big Four supermarkets
- Fourteen ways to get fit without spending a fortune: How to work out and exercise for less - or even for free
- Revealed: The insurance companies least likely to pay out for your home cover claims
- Sky confirms inflation-busting line rental increase of 8.5% – amid watchdog probe into rip-off landline prices
Latest from Cards & loans
- Fed up of short-lived sign-up deals and crafty interest hikes? Here's our pick of the best low-rate credit cards
- Play your cards right: The best credit cards for spending, holidays, rewards or clearing your debts
- The best personal loan rates - and how to find the right one for you
- Get more for your holiday money: The best debit and credit cards to beat overseas fees
- Borrow interest-free for three-and-a-half years! The best balance transfer credit cards to help clear your debts
- EU vote sees 27% more 18-year-olds join the electoral roll - but it's still less than half the number that are on Facebook
- Amazon launches new credit card that gives customers points for spending - but how does it compare to other reward cards?
- Tesco Bank credit card customers hit by shock interest charges on their Christmas shopping
- Do you know how your credit card works? Millions of Britons admit they have no idea what they're spending
Latest from Investing
- Star manager Neil Woodford to unveil a 5% income fund aiming to beat the FTSE by at least 20%
- Investing Show: Can you make money from crowdfunding?
- Investing Show: Will President Donald Trump prove to be good for investors?
- INVESTMENT EXTRA: Is China back on track? Three funds to consider - and one has returned 40% in the last year
- A lender that's OPENING branches and using your money to help local firms... So would you invest in Folk-2-Folk for 6.5% interest?
- MY BEST AND WORST INVESTMENTS: Mark Barnett, of the £5.5bn Invesco Perpetual Income Fund on Provident Financial and Yell
- Investing Show: Who is buying gold now and is it set to rise again?
- SMALL CAP IDEAS: Asset manager Gresham House set to double in size boosting market cap to £60m
- MAN GLG JAPAN COREALPHA: Forget New York...it's York that's attracting the yen
Latest: money and Cars
- The stunning nautical-themed Rolls-Royce that is the last ever Phantom VII to be made, as its 14-year run ends
- Price of filling up at the pump leaps by £10 in 11 MONTHS as cost of petrol hits two-year high
- Would you pay £20,000 for a Metro? 'Show-stopping' 1984 MG Metro Turbo is expected to sell at auction for big money
- Clean engine pioneer Torotrak hit by electric car boom with shares plummeting 46%
- Driving towards a greener future: GM and Honda join forces to ‘mass-produce’ hydrogen fuel cells
- A third of car buyers face paying at least £10,000 more for the most popular motors, as credit score gap sends interest rates soaring
- 'World beater' - London Taxi Company set to open £300m factory to produce zero emission cabs
- RAY MASSEY on a tale of two different car test results — a highly praised Volvo and a poorly rated Ford
- A bet's a bet! Businessman hands over a brand new £130,000 Bentley 10 years after placing a wager on a failing company
- E-Type retyped: The £834,000 Eagle Spyder GT has landed and it's British craftsmanship at its sumptuous best
Latest from Markets
- BT bosses and wives buy £500k of shares after price slumps 20% in wake of Italian accounting scandal
- Shell's £3.4bn sale of North Sea oil assets to pay for its purchase of rival BG Group
- Diageo brings back historic Irish whiskey to take on Jameson-maker Pernod Ricard
- MARKET REPORT: Pepsi Max sparkles and lifts Britvic shares by 6% as firm reports a 4.3% rise in sales to £351m
- Anchor butter maker Arla Foods invests £37m in UK
- Norwich & Peterborough Building Society cash to be frozen when parent company axes brand
- UK and US regulators slap Deustche Bank with £500m fine following Russia money laundering probe
- Property listing website Zoopla snaps up housing data specialist Hometrack for £120m
- FTSE CLOSE: Footsie falls into red in late trading; Wall Street's worries over Trump continue; pound at $1.26
- Tweet lands online estate agent Purplebricks in a heap of trouble as price-sensitive information causes shares to jump 7%
TOP CALCULATORS
- This is Money's calculators and tools All our calculators in one place. See how they could help you
- Historic inflation: how the value of money has changed The effects of inflation since 1900 and what past prices mean today
- True cost mortgage tool - rates AND fees Compare the cost of rival fixed and tracker rate mortgages
- Mortgage affordability: How much you can borrow Find out how much you can afford to borrow and the difference between repayment and interest-only
- Monthly or lump sum savings calculator How much a regular monthly savings scheme could make or a lump sum could be worth.