Money Tips

Just realised I’ve paid twice for my car insurance – hit by auto-renewal

“ Just received two emails from insurers to renew and realised I paid for one by auto-renewal last year. Gone through my emails and I did receive an email last year about it but must’ve missed it. They didn’t send me an email after with new documents etc which I think is a bit sneaky […]

Timeshare scam victims are being targeted again by crooks

Timeshare scam victims are being targeted again by crooks offering help with compensation claims By Money Mail Reporter For The Daily Mail Published: 22:26, 4 September 2018 | Updated: 09:39, 5 September 2018 Stay alert: Fraudsters are cold-calling and writing to people who lost money in dodgy timeshares Victims who lost money to timeshare scams […]

Shoppers urged to check bank statements after Cardnet terminals take double payments

Thousands of shoppers, restaurant and pub-goers were charged twice last week when they used their credit and debit cards. Cardnet, which processes card payments in shops and restaurants, has admitted that some card terminals took duplicate payments due to a computer glitch on Wednesday, August 29. Lloyds Bank, which jointly owns the payment provider, says […]

Help to Buy left us trapped after our flat dropped £30k in value

Charles Malcolm and his partner Jessica Dawson were desperate to buy a house near their parents in Cove Bay, Aberdeen. The young couple had tried to scrape together a deposit by cutting back on luxuries and had borrowed money from Jessica’s family. In the end, it was the Government’s flagship Help To Buy scheme that […]

How inventor Shaun spent £98k on patents for his hairbrush that got a brush-off from TV’s Dragons

Crowning glory: Multimillionaire Shaun Pulfrey developed his Tangle Teezer hairbrush while working full-time in a salon The best money decision that inventor Shaun Pulfrey ever made was registering the intellectual property rights for his Tangle Teezer haircare products. It is a decision that has made him more than £12 million. Eleven years ago, the former hairdresser […]

BAILLIE GIFFORD UK GROWTH: Trust’s new image starts to pay off for investors as shares rise

It has been changing of the guard at investment trust Baillie Gifford UK Growth – and already change for the better as far as investors are concerned with a resulting boost in the fund’s share price. Previously known as Schroder UK Growth, the trust’s board took the unusual step earlier this year of sacking the […]

TONY HETHERINGTON: Dodgy Amazon dealer picks the wrong man

Rosie Cooper, Labour MP, West Lancashire, writes: I wonder if you have received complaints such as that experienced by my constituent involving Amazon and whether you would be prepared to highlight this?  It is very disturbing to read that fraud can be seen to be happening right under the nose of and technically facilitated via Amazon […]

Holiday villa fraudsters who conned clients out of £2.8m are jailed for a total of 17 years

Holiday villa fraudsters who conned clients out of £2.8m are jailed for a total of 17 years The gang were sentenced at Southwark Crown Court in London last Tuesday  The FCA described as its ‘second largest ever criminal prosecution’ Between 2010 and 2014, the crooks used cold-calls and pressured sales tactics By Tony Hetherington, Financial […]

How ‘rules of forfeiture’ stop criminals benefiting from a life policy

How the ‘rules of forfeiture’ prevent a criminal from cashing in on a life insurance policy following murder When it comes to life insurance claims, murder is rarely a factor  It’s only an issue if the deceased was killed by those who’d benefit from a policy The ‘rules of forfeiture’ mean people can’t benefit financially from […]

HAMISH MCRAE: Brexit masks deeper problems from how to save for retirement to NHS funding

If you are truly fed up with the endless debate about Brexit, read on. Lord King – Mervyn King, former Governor of the Bank of England – hit the headlines with the comment that the Government’s preparations for Brexit had been incompetent. Details were released of a BBC programme on the ten years since the […]

Lord Ashcroft bets £2.7m to make his wine sparkle after a hot summer paves the way for a bumper crop

Lord Ashcroft bets £2.7m to make his wine sparkle after a hot summer paves the way for a bumper crop The Tory billionaire controls 72% of Gusbourne, which has two English vineyards The firm has raised a total of £7.4m by issuing new shares and warrants Gusbourne says the money will go towards cultivating vineyards  By […]

Nestlé blames a 32% dent in UK profits on sterling’s slide and costlier imports

Nestlé blames a 32% dent in UK profits on sterling’s slide and costlier imports A financial restructuring also appears to have hit UK profits The Swiss manufacturer reported a 32% fall in profit to £184.7m Turnover at the business hit £1.6bn, while global sales last year were £72bn By Neil Craven, Financial Mail on Sunday […]

Bank chiefs set to shun another interest rate rise as they embrace a ‘gradual and limited’ approach

Bank chiefs set to shun another interest rate rise as they embrace a ‘gradual and limited’ approach  The Bank last month raised the base rate for only the second time in a decade Analysts say it is unlikely to repeat the move at Thursday’s meeting Data is expected to show the economy grew 0.4% in […]

Meet the ‘Maverick of Mauritius’ who runs a £18bn fund firm from the beach

Blue-sky thinking: Terry Smith runs Fundsmith from Mauritius At 65, he is already eligible for a State pension and, like most people of a similar age, he could be putting his feet up, enjoying the fortune he has amassed from a lifetime spent in the City. But that is not the way Terry Smith, founder […]