Money

Updated: 05:16 EDT
Advertisement

😚🤬🤮 The criminals used information and documents I had sent in emails years ago to open a credit card in my name. Because of the late credit card payments, my previously excellent credit rating is in tatters. I discovered this more than three months ago, but Santander still hasn't resolved the situation.

😚🤬🤮 Among UK companies with reports and updates are Auto Trader, AJ Bell, Serco and Wickes.

😚🤬🤮 The 12-bedroom country estate with private access to Windsor Great Park is for sale for an eye-watering £32m. The property is called Bishopgate House and boasts all the luxuries that befit a neighbour of a queen, including 34 acres of land. It also has an indoor swimming pool, a floodlit tennis court, and several stables. And there is a outdoor play area with its own tree house. The sale of the opulent property is being handled by Rokstone Estate Agents.

😚🤬🤮 Switching mortgage lender when your fixed term ends can save you money - but how does the remortgage process work and what do homeowners need to consider?

😚🤬🤮 There were 7,752 fewer cars made in April than a year ago and the total was 14.7% below the April 2019 pre-pandemic level, fresh figures from the SMMT showed.

Follow
MailOnline

Follow
@MailOnline

  

DON'T MISS

😚🤬🤮 The UK Government is investigating billionaire entrepreneur Patrick Drahi's growing stake in telecoms giant BT on national security concerns. Drahi's Altice UK last year boosted its shareholding in BT from 12.1 per cent to 18 per cent, leading to concerns about the Franco-Israeli's influence over a vital British company.

😚🤬🤮 Serco told investors profit is forecast to be £225million for the half, approaching levels seen when it was still cashing in on the UK Track & Trace programme.

😚🤬🤮 AJ Bell has continued to grow its customer base following the pandemic-induced boom in retail investing and pulled in £2.8billion in inflows.

😚🤬🤮 Total revenue at the automotive marketplace for the year to 31 March climbed by 65 per cent from the previous year to £432.7million.

😚🤬🤮 Business secretary Kwasi Kwarteng said there would be a 'full assessment' of the £63m acquisition of Welsh microchip maker Newport Wafer Fab.

😚🤬🤮 JD said Cowgill (pictured) had stepped down 'with immediate effect' from the retailer he turned into one of Britain's biggest business success stories.

😚🤬🤮 As the nation gears up to celebrate the Queen's Platinum Jubilee, here we shares 70 facts about how our finances have changed during her reign. When the Queen succeeded to the throne in 1952 a pint of beer cost 9p, the average property cost £1,891 and the basic rate state pension was £1.63 a week for a single person.

😚🤬🤮 This Ford Capri is set to sell for a new record price when it goes under the hammer next month. The prototype RS3100 was bought for just £1,500 in 1972 - the equivalent of £21,000 in today's money - and has been retained by the owner ever since. Experts believe it will meet its pre-sale estimate of £60,000, which would be almost £5,000 more than the record figure paid for a Capri at auction.

😚🤬🤮 BMW - Mini's parent company - is said to be priming itself to respond, with a spokesperson saying it is 'examining legal action' to protect the famous car design.

😚🤬🤮 Volkswagen will make a separate contribution to cover claimants' legal costs and other fees, it added. The case was due to go to trial next January.

😚🤬🤮 The former chapel in Cheshire is being sold via auction with a guide price of just £50,000, but it will need much more spent on it to transform it into a comfortable home. If you prefer the idea of buying a church that has already been converted, we take a look at three other former chapels that are ready to move into. Pictured (clockwise from left) are: A converted church in Yarmouth, a converted church is in Kew, a former chapel in Cheshire that needs converting and a converted chapel in Salisbury.

😚🤬🤮 Jenny Cooper from West Bromwich (pictured with Shanara Begum, of Citizens Advice) has been struggling with money. Fortunately, she received expert advice from her local post office today

😚🤬🤮 Many small businesses face difficult months ahead as huge energy bill increases add to a cost of living crisis hitting their customers just after the pandemic. That makes saving money where you can essential. We look at some opportunities to do so.

😚🤬🤮 A third of businesses with fewer than ten employees are now run as side hustles alongside another job, according to a GoDaddy and University of Kent survey.

😚🤬🤮 The bank, which has over 400,000 customers, has told cardholders to 'use alternative payment methods' while the maintenance is taking place.

😚🤬🤮 My father passed away in August last year and all the money due to the estate has been collected, with the exception of £56,986 from a Clerical Medical endowment savings bond. Until the proceeds are received, I, as executor, cannot wind up the estate. Your assistance would be greatly appreciated.

😚🤬🤮 Since launching our Pick up or Pay up campaign, businesses have furiously fought back against claims their customers are forced to spend hours on hold.

😚🤬🤮 On Friday afternoon last week, I received a rather excited call from the post room - more than 1,000 letters had arrived for us in just three days.

😚🤬🤮 As executive chairman of JD Sports, among the most successful of UK retailers, Peter Cowgill (pictured) has led a charmed life. In these days of fussier corporate governance, shareholders have been willing to look through Cowgill's accumulating missteps on the grounds that he delivered handsomely.

😚🤬🤮 De La Rue said its earnings would be hit by the rising input costs as it also cautioned over a 'substantial degree of uncertainty in the outlook'.

😚🤬🤮 Severn Trent boss Liv Garfield (pictured) said the scheme is expected to cut the bills of 100,000 customers by up to 90%.

😚🤬🤮 Steve Rowe (pictured), an M&S lifer who stepped down yesterday after six years as chief exec posted its highest annual profit since 2016.

😚🤬🤮 Wadhwani, 53, (pictured) will join the company in February next year and will enjoy a £1.25m salary but can also earn double that in bonuses.

😚🤬🤮 Peter Pritchard is being replaced as chief executive from the start of next month by Sky TV's former head consumer officer Lyssa McGowan after four years in his role, during which time the company has transformed into a retail giant. Its latest annual results showed total group revenue for the 53 weeks to the end of March climbed 15.3 per cent from the previous year to £1.32billion, thanks to customer numbers soaring by another 1.2 million.

😚🤬🤮 The group raked in £100.2million worth of revenue over the period, up from £10.4million by the same point a year ago, new figures show.

😚🤬🤮 Danone SA has been doubling shipments to the country while Reckitt has been in talks with regulators in efforts to increase supply, according to reports.

😚🤬🤮 SSE posted a 44 per cent rise in its annual pre-tax profit to £3.5billion today, as millions of households feel the squeeze financially amid soaring energy bills.

😚🤬🤮 Vindi Banga, partner in the London office of Morrisons owner Clayton Dubilier & Rice, said private equity would sustain their hunting in the UK.

😚🤬🤮 It was confirmed last week that an exceptionally rare 1950s Mercedes-Benz (pictured inset) had sold at a top-secret auction in Germany for a world record fee. Not only is that the most amount of money someone has ever paid for a vehicle at auction, it's among the top 10 most expensive items to go under the hammer in history. Here's our rundown of the most valuable motors sold when the hammer dropped in auction rooms, featuring seven Ferraris, two Mercedes and an Aston Martin...

😚🤬🤮 MPs last night rejected calls for a further 40% cut in fuel duty and VAT in a Parliamentary debate, despite increasing cost of living pressures.

😚🤬🤮 Citroen has revealed the left-hand-drive two-seat model will cost from £7,695 when first deliveries arrive this summer - and the single-seat 'Cargo' van version is £7,995.

😚🤬🤮 Inflation in the UK officially reached the highest level in 40 years in April, at 9%, and economists warn the worst is still yet to come. While the rate of inflation is expected to fall eventually, it will remain above the Bank of England's 2% target for some time, with the central bank not expecting normalisation until some time in 2024. The question is could it be stubborn and stick around longer or surprise by falling faster?

😚🤬🤮 Chancellor Rishi Sunak is said to be drawing up plans for a windfall tax on electricity generators on top of a hit to North Sea oil and gas producers.

😚🤬🤮 James Reed (pictured), chairman of employment agency Reed, said luring them into jobs could pay a 'crucial' role in filling a record numbers of vacancies.

😚🤬🤮 The estate charges for our home have risen sharply from £6,000 per year in 2018 to a bill for £16,068 annually now. Can we challenge these and if so, what is the best way to do this. Legal expert, Stephen Gold, an ex-judge, helps a reader with a question about how they can fight back against estate charges that have almnost trebled.

😚🤬🤮 HMRC data shows drop in house sales and purchases, as experts claim housing transactions are are returning to levels seen before the pandemic.

😚🤬🤮 Landlords often get a bad rap for not looking after their rental properties. In this scenario our reader intends to go above and beyond and actually improve their property.

😚🤬🤮 NS&I will increase the Premium Bonds prize fund rate from 1 to 1.4% boosting the chances of its 21m savers bagging a monthly prize.The odds will change from 34,500 to 1 to 24,500 to 1. The number of £100k prizes will rise from six to 10, and £50k prizes from 11 to 19.

😚🤬🤮 Inflation is at its highest rate for four decades. But savers are far worse off than they were 40 years ago when easy access accounts paid 9.75%.

😚🤬🤮 Andrew Bailey (pictured) has hit back at claims that the central bank's actions during the pandemic had served to fuel the rapid rise in inflation.

😚🤬🤮 After energy, property is the investment sector with the most planet-saving power, says Becky O'Connor of Interactive Investor. It currently accounts for more than a third of carbon emissions, she explains. Meanwhile, a large part of the sustainability challenge for the industry is correcting mistakes of the past. So what are the most promising areas to invest in, and how do you get exposure?

😚🤬🤮 The offer covers several online guidance sessions with a qualified financial adviser to discuss your circumstances, a personalised plan of action and a follow-up support service.

😚🤬🤮 Winning a huge sum of money on the lottery may sound like a dream, but experts warn a sudden windfall could create problems of its own, at least in the short term, Once winners know they have a winning ticket, Camelot - the parent company of the lottery - provides them with a dedicated winner's adviser.

😚🤬🤮 Two thirds of my benefits were accrued before April 1997. The fund rules don't allow for rises in excess of the Guaranteed Minimum Pension on those, but can be made at the discretion of the company.

😚🤬🤮 Buying a property that needs some work is often seen as a great way to secure a bargain. But aspiring renovators may want to consider new research which suggests it will usually end up costing more in the long run. While buying a fixer-upper can be a cost-effective way of climbing the property ladder, the sheer cost of bringing such a home up to standard will often see homebuyers pay more overall. The cost of carrying out home improvements is up 23.5% in a year, according to online tradesperson directory Checkatrade's latest figures.

😚🤬🤮 Clifford Chance is the latest Magic Circle law firm to raise pay for newly qualified lawyers - many of whom are fresh out of university.

😚🤬🤮 It seems safe to say this isn't the Covid recovery year that many people were hoping for but how bad will things get?

😚🤬🤮 UK banks have been largely overlooked and unloved by investors in recent years amid a period of poor performance. Over the past decade the FTSE All-Share has delivered a total return of 99.6% while the UK banking sector has eked out a paltry 17.5%. Should investors reconsider as interest rates rise or will inflation and the cost of living crisis scupper chances of a turnaround?

😚🤬🤮 TerraUSD, a prominent stablecoin, broke its peg with the dollar and is now trading at near zero which has precipitated a wider crash and even blue-chip cryptocurrencies are suffering.

😚🤬🤮 The proportion of EVs rescued by the breakdown assistance company for being 'out of charge' has halved since 2020 as motorists become more accustom to the requirements of running a car powered entirely by batteries. Edmund King, the motoring group's president, says the theory that EVs run out of battery 'doesn't match reality' and shouldn't put people off switching from their petrol and diesel cars. And in a passing dig at the combustion engine, he says older diesel cars will soon be looked at 'the same way we now think about smoking on the top deck of a bus'.

😚🤬🤮 EXCLUSIVE: The biggest jump in costs was found for Geneva. In 2019, a family hatchback would have cost an average of £353 for one week rental, but this summer is £933.

😚🤬🤮 Mike Edwards, owner of website DIY Doctor, says: 'This year, there seems to be more people than ever wanting to put up a permanent brick barbecue.'

😚🤬🤮 In lockdown, our neighbours took ownership of a very lively dog. When I'm playing out in the garden with my toddler, it becomes over-excited and starts jumping up the fence with force. I'm pretty certain the whole thing will go soon. The fence is on the right-hand side, and I know that means it is our responsibility. But can I argue that the neighbours need to pay for it, or at the very least, insist they foot half the bill?

😚🤬🤮 It offered to transfer our booking to the next cruise, sailing in August, and we accepted this. But £3,000 each is the sting in the tail.

😚🤬🤮 Your mattress needs to air to avoid unhealthy moisture being trapped in the bed, so pull back the bed linen to give the mattress the chance to breathe.

😚🤬🤮 Choosing the right DIY platform is crucial but a wealth of choice and a variety of charges can leave investors scratching their heads. We pick some of the best. 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 pick our five favourite cash Isas for savers. This is essential Isa reading and is kept up-to-date throughout the year

😚🤬🤮 The average two-year and five-year fixed rate increased again in April, reaching 2.86% and 3.01% respectively.

😚🤬🤮 If you are interested in buying shares or know more about unearthing good companies and valuing them, read our guide to share investing.

😚🤬🤮 Buy-to-let lost some of its spark in recent years but that might be about to change as new tax cuts and low mortgage rates have caused landlords to flock back to the market.

Premium Bonds Winners

PrizeAreaValue of bond
£1,000,000Greater Manchester£40,000
£1,000,000Wandsworth£1,000
£100,000Hampshire and Isle of Wight£50,000
£100,000Norwich£30,000
£100,000Avon£50,000
£100,000Northern Ireland£10,000
£100,000Warwickshire£2,000
£100,000Essex£10,000
More May 2022 winners
View list of May 2022 winners
Advertisement
Advertisement
  

MOST READ MONEY

Tourist rates

CurrencyRateBuy now
Updated 26 May 2022.
Euro1.15Buy Now
US Dollar1.2315Buy Now
Australian Dollar1.726Buy Now
Barbados Dollar2.358Buy Now
Brazilian Real4.893Buy Now
Bulgarian Lev2.197Buy Now
Canadian Dollar1.56Buy Now
Chinese Yuan8.699Buy Now
Croatian Kuna8.582Buy Now
Czech Koruna28.77Buy Now
Danish Krone8.443Buy Now
Hong Kong Dollar9.538Buy Now
Hungarian Forint449.5Buy Now
Icelandic Króna160.6Buy Now
Indian Rupee87.48Buy Now
Indonesian Rupiah16821.0Buy Now
Israeli New Shekel3.984Buy Now
Jamaican Dollar163.1Buy Now
Japanese Yen154.6Buy Now
Jordanian Dinar0.8349Buy Now
Kenyan Shilling139.0Buy Now
Malaysian Ringgit5.226Buy Now
Mexican Peso26.68Buy Now
New Taiwan Dollar33.75Buy Now
New Turkish Lire19.51Buy Now
New Zealand Dollar1.881Buy Now
Norwegian Krone11.73Buy Now
Polish Zloty5.228Buy Now
Romanian New Leu5.556Buy Now
Russian Rouble75.14Buy Now
Singapore Dollar1.672Buy Now
South African Rand19.2Buy Now
South Korean Won1491.0Buy Now
Sterling1.0Buy Now
Swedish Krona12.05Buy Now
Swiss Franc1.166Buy Now
Thai Baht41.32Buy Now
UAE Dirham4.467Buy Now
Vietnamese Dong27664.0Buy Now
Advertisement
Advertisement