Money Tips

Renault Zoe tops the used electric cars rising in value

If you want to buy a car that will rise in value, you usually need to go for something classic or exotic – not a £6,000 runaround. But new figures reveal a handful of family cars bucking the usual price trend and they all share one attribute, they are electric. The Renault Zoe is top […]

Royal Mail and Countrywide chair quits his other board job as he tackles investor revolt

The chairman of Royal Mail and the estate agent Countrywide has had to quit another chairmanship amid boardroom turmoil. Peter Long, 66, has been forced to stand down from the board of a global theme-park firm to focus on running the other two businesses. Long, former chief executive of the travel firm TUI, is chairman […]

Failed Aussie store that took over Homebase reopens… as a Homebase again

Strewth! Failed Aussie store that took over Homebase reopens… as a Homebase again By City & Finance Reporter for the Daily Mail Published: 22:49, 17 July 2018 | Updated: 22:51, 17 July 2018 Following one of the most disastrous takeovers of recent years, the Aussie DIY store that took over Homebase is about to disappear. […]

Talk Talk shares climb 8% as its customer base soars to 4.2million

Talk Talk shares climb 8% as its customer base soars to 4.2million Talk Talk shares climbed 8% as it added another 88,000 broadband customers The telecoms group booked a 4.1% increase in first-quarter sales to £382m The group has been undergoing a restructure following a cyber attack in 2015  By City & Finance Reporter for […]

CITY DIARY: Starbucks mogul Howard Schultz is urged not to run for U.S. president

CITY DIARY: Starbucks mogul Howard Schultz is urged not to run for U.S. president because it will alienate customers By The dastardly Mr Deedes Published: 22:54, 17 July 2018 | Updated: 22:54, 17 July 2018 Associates of jargon-prone Starbucks mogul Howard Schultz are urging him not to run for US president, warning it will alienate […]

Cathedral City cheese and Clover spread cream in the cash for Dairy Crest

Cathedral City cheese and Clover spread cream in the cash for Dairy Crest with their revenues growing 10% Dairy Crest says Cathedral City and Clover have been its star performers The firm expects to launch several new products before the end of this year In May, it tapped investors for £69.8million to bankroll expansion plans  […]

DAN HYDE: Savers are being failed by National Savings & Investments

Another week, another drastic cut to the returns offered by National Savings & Investments. This year we’ve already seen the deposit limit on some accounts fall from £1 million to £10,000, and NS&I’s best-buy 2.2per cent fixed bond withdrawn from sale with no replacement. Now the rate on its popular Isa account is being slashed […]

ASK TONY: Barclaycard sent my card to a stranger – now I’m in debt for £875 

Barclaycard called me on November 29 last year asking if I had made several purchases, totalling about £2,500, away from my area. I hadn’t, so it cancelled my card and sent me another. Staff said I would not be responsible for the spending. Several days later they asked if I had changed the address on […]

National Savings & Investments looks to cut interest rates

A blow to savers as National Savings & Investments looks to cut interest rates on easy-access Isas down to 0.75% NS&I will cut the rate on its easy-access Isa from 1% to 0.75% from September 24 The decrease comes when interest rates are expected to rise The Government agency wants to attract less from savers […]

How to claim your power of attorney refund now, at the click of a button

How to claim your power of attorney refund now, at the click of a button Power of attorney lets someone make financial decisions on your behalf  The fee to register a document setting this out was reduced to £82 last year About a million people who applied between 2013 and 2017 are owed money By […]

THE PRUDENT INVESTOR: Internet Faangs can add bite to your Isa 

Has your investment portfolio got teeth? Five firms have been delivering terrific returns to investors – Facebook, Amazon, Apple, Netflix and Google. These are the so-called Faang stocks (actually, Google is now called Alphabet, but market analysts like a good acronym). Apple’s share price, for example, has gone from around $90 two years ago to […]

Ocado tycoon’s fortune is held in a secret trust in the tax-free Bahamas

Ocado boss Tim Steiner pictured with his  girlfriend Patrycja Pyka Ocado boss Tim Steiner is the beneficiary of millions of company shares held in the tax-free Bahamas, it has emerged. The 48-year-old, who co-founded the online grocer in 2000, has around £160million shares held in his own name in the business. However, he is also […]

Poundworld shuts a further 40 stores and axes 531 jobs

Poundworld shuts a further 40 stores and axes 531 jobs as no buyers emerge to save the bust bargain chain By City & Finance Reporter for the Daily Mail Published: 22:52, 17 July 2018 | Updated: 23:19, 17 July 2018 Poundworld is shutting a further 40 stores and axing 531 jobs Poundworld is shutting a […]

Uber faces an investigation into gender discrimination complaints

DAILY BRIEFING: Uber faces an investigation by federal regulators into gender discrimination complaints By City & Finance Reporter for the Daily Mail Published: 22:54, 17 July 2018 | Updated: 23:19, 17 July 2018 EQUALITY PROBE Taxi app firm Uber faces an investigation by federal regulators into gender discrimination complaints, according to reports. The US Equal […]