Updated: 18:50 EST

Broadband bandits: Millions facing internet and phone bill hikes

Telecoms firms are inflicting increases of around 10 per cent in the spring, despite inflation hitting a 30-year high of 5.4%. Mobile phone companies are ramping up bills even higher - by using an outdated inflation measure that could push up prices by more than 11%. Critics say the demands are unacceptable as families face a soaring cost of living crisis while telecoms firms rake in huge profits.

Poppy Brown (pictured) saved £950 by ditching takeaways, switching to Aldi for groceries and making coffees at home among other measures.

ASK TONY: Storm trolley damage to our car means we have fewer reasons to shop at

I visited Morrisons in Holyhead on October 27. It was a particularly stormy day. When I returned to my car I found a loose trolley embedded in the rear light. I noticed all trolley bays were full and the trolley attendants were sheltering from the rain and wind. I reported the incident to the store manager who told me to bring receipts for the damage and also to email Morrisons with a copy of the receipt.

As consumer group Which? pointed out, you can make serious savings by 'making a nuisance of yourself' - something I'm rather good at.

Fears of an invasion of Ukraine continue to escalate, with both the U.S. and UK governments removing some diplomats from the Ukrainian capital.





MARKET REPORT: Footsie boosted by banks' rallying cry to buy British

The FTSE 100 rebounded 1% while the FTSE 250 rose 0.9% after JP Morgan analysts said London-listed firms looked 'exceptionally cheap'. Meanwhile, Morgan Stanley said there was a 'compelling case' for buying stock in FTSE 350 companies, as UK equities were 'more defensive' than global peers. The assessment from the Wall Street banks was echoed by AJ Bell investment director Russ Mould, who noted that the lack of tech stocks in the FTSE 100 may now be a blessing amid a sell-off.

Chris Corbin and Jeremy King (pictured with his wife Lauren) run top London restaurants including The Wolseley, which is popular among celebrities.

US semiconductor giant Nvidia is understood to have conceded that the deal is unlikely to complete after a fierce backlash from regulators worldwide.

The world's richest man (pictured) is set to secure five tranches of shares worth around £5.2bn each in the coming months, according to analysts.

The £5.1bn Oyu Tolgoi copper mine in Mongolia's South Gobi region (pictured) has been beset by delays and cost overruns.

The consumer goods group is axing around 15 per cent of its senior managers and 5 per cent of its junior managers around the world, it said in an announcement this morning.

Britain's ambition to be the 'go to' place for tech and fintech listings was underlined in two keynote government reports last year.

The Swiss lender was weighed down by the collapse of lender Greensill Capital last year and the implosion of hedge fund Archegos Capital.

Last September the company, which owns B&Q and Screwfix in the UK and Castorama and Brico Depot in France and other markets, committed to purchase £300million of its shares for cancellation.

Am I saving enough for retirement? Just two in five people are

A new savings and resilience barometer launched by Hargreaves Lansdown looked at how likely people at different ages and income levels are to achieve a moderate income or above later in life. A single person needs a minimum income of £20,800 per year, while a couple requires £30,600 to achieve financial security, according to an oft-cited industry measure of retirement living standards. Those figures include the state pension, which is currently worth around £9,400 per person if you qualify for the full flat rate.

MPs condemned the underpaid state pension scandal as a 'shameful shambles' last week, and we published new cases of DWP payment chaos. ROS ALTMANN explains how to tix the crisis here.

Traders buying back into cheaper shares sent the stock market up today, but investors remain on a knife edge after yesterday's 2.6% FTSE 100 fall.

Top 10 UK companies for customer service revealed

First Direct has lost its crown as the company with the best customer service levels in the country, fresh data has revealed. Pets at Home has pipped First Direct to the post and been hailed as the top business when it comes to satisfying customers, the Institute of Customer Service, said. The pets retailer has surged from seventh place to first place in the ICS's latest rankings, while the John Lewis Partnership has been pushed down from second to seventh place.

Filing a self-assessment tax return can also prevent those on higher incomes from being caught out by charges for breaching how much they can put in their pension pot each year.

Three Bugatti Chiron Super Sport 300+ hypercars arrive for UK customers

HR Owen Bugatti London has taken delivery of the UK orders this week and pictured the trio parked in formation inside the dealership's workshop. With each priced at around €3.5million before taxes (around £4million inclusive of VAT and delivery charges), pictured is a staggering haul of £12million-worth of lightning-fast vehicles.

Les Gets is is only an hour's drive from Geneva Airport - making it the perfect destination for British skiers and snowboarders looking for easy access to the Alps.

DJ Eric Prydz's property for sale has a 30ft open plan living area with a dark kitchen partially tucked under a floating staircase and a hot tub that can be viewed from the sofa.

I'm fitting solar panels, but can't get the right smart meter

I'm in the process of having solar panels and a storage battery installed on my home. In order to run the battery on a cheap night-time energy tariff, and receive Smart Export Guarantee payments for any excess electricity I generate, I need my first-generation smart meter upgraded to a second generation one. However, my energy supplier, EDF, is refusing to do so. Secondly, I am struggling to find a cheap night-time tariff that does not also require me to have an electric vehicle - which I do not. I'm doing what I can both for the planet and my pocket, but feel like I'm hitting brick walls so far. Can you help?

Following anger from locals, the government will require second home owners to prove their property is rented for 70 days a year to get small business tax relief.

The North West county beat southern regions Hampshire and Surrey to the unwanted title according to reports logged on the Fill That Hole website in 2021.

Vauxhall Corsa review: Behind the wheel of Britain's new king of cars

Ford's incredible 50-year stint at the top of the sales charts was brought to an abrupt end in 2021, as the Vauxhall Corsa rose to the summit of the registrations table. Does its recent crowning make it the small hatchback to have today? Cars & motoring editor Rob Hull puts it to the test.

Can I get a state pension credit for when I couldn't work during Covid?

I tried to sign on to claim state pension credits (anticipating gaps) but the DWP automatically closed my claim down when I tried to do this online. I did not qualify for the contribution-based benefit. But I was unable to contact anyone on the phone, and job centres were closed, so I couldn't explain I just wanted to claim my state pension credits. Is there any way I can claim credits now?

A Royal treasure but will you be coining it in with new 50p?

On February 6, the Queen marks 70 years as Monarch following the death of her father King George VI. She was officially crowned the following year on June 2. Already, special coins are being promoted by Royal Mint to mark the historic occasion. Next month, a new set of 50-pence pieces will be put into circulation while Royal anniversary gold sovereigns will also be released in limited numbers.

What can GameStop mavericks teach you about investing?

Rarely does a single company change the course of investing history for ever. But one year ago, GameStop, then a little-known video game retail company in the US, did just that when its share price shot up by more than 700 per cent within a single week. While its share price has now settled after crashing back down again, the GameStop share frenzy has had a lasting impact that reverberates to this day.



MIDAS SHARE TIPS: Hargreaves Services turns in a 5% yield

Prospects are bright and the stock should rise. Hargreaves now has three divisions - land regeneration, trading and recycling, and industrial services. All three are performing well and growth is expected to accelerate over the next five to ten years. Reassuringly too, Christopher Mills, a veteran investor with a history of picking winners, owns 28.5 per cent of the shares, while Banham owns a further 8.2 per cent, so is clearly incentivised to deliver returns. At £4.00, the shares are a buy.

Genflow's focus is on the Sirtuin 6 gene, or SIRT6 for short, which is seen as the 'master regulator of healthy ageing'.

The M&G (Lux) Diversity and Inclusion Fund will be managed by Thembeka Stemela Dagbo (pictured) and will have a portfolio of between 30 and 40 stocks.

AFC Wimbledon bond paying interest of 6% to tackle loan

The League One football club, which is owned by the fans, wants to raise money to repay a bridging loan for the development of its stadium in Plough Lane. Two years ago, the club launched a bond which raised £5million after building costs for its new stadium soared. Now AFC Wimbledon needs another £4.5million to refinance the high interest bridging loan.

Well-known tonic water maker Fevertree Drinks is one of the 195 AIM-listed companies that hands cash back to investors through divis, but there are also some less-known names that do so.

Steven Bartlett interview: This is Money podcast

Steven Bartlett is the latest star of Dragons' Den - and we recently caught up with him for a special bonus This is Money podcast episode. In this frank interview with This is Money's Simon Lambert, Steven tells us his story, the challenges he's faced in his business life, how he got ahead and his tips for anyone else wanting to start a business.



Capricorn Energy shares jump as Egyptian assets outperform forecasts

The Edinburgh-based group said its Western Desert Assets pumped out roughly 36,300 barrels of oil equivalent per day on average from the time it completed buying them from Shell in September to the end of 2021. It now expects to deliver an average of 37,000 to 43,000 barrels each day in 2022, and for production to expand throughout the year and exit rates to surpass the high end of its forecast range.

The FCA said it planned to act amid a rise in the number of firms developing proposals, like Scheme of Arrangements, to deal with hefty liabilities to consumers, in particular redress liabilities.

The arrival of Nelson Peltz (pictured) and his £6bn-plus activist Trian Partners on the Unilever share register gave its equity a rare boost.

MARKET REPORT: Merger rumours send Vodafone stock soaring

Vodafone shares jumped 4.5% after it emerged the FTSE 100 firm held talks late last year about buying rival UK mobile network Three from Asian conglomerate CK Hutchison. If a deal goes through Vodafone will add Three's 9.3m customers to its existing 20m, making it a huge player in the British telecoms space. However, such a tie-up would draw scrutiny from regulators.

KKR's purchase of the European bicycle giant, which is based in the Netherlands, comes after cycling boomed during the pandemic.

The online retailer's stock fell 18.7%, taking losses since the start of 2022 to 47%. The shares are down 76% from their 500p float price in September 2020.

How to pick the right estate agent to sell your home

We may still be in January but the race is already under way in the 2022 housing market - and for canny sellers, there's no time to lose. The average asking price of property coming to market across the UK since the New Year is £341,019, according to Rightmove. That's 7.6% more than a year ago and is the highest annual rate of price growth recorded by the property website since 2016.

The pretty property in Pimlico has a blue plaque on the front confirming the writer's provenance, and is on the market for £1,625,000.

Electric car charging network grows 37% but North-South divide grows

A total of 28,375 publicly-accessible charging devices for electric vehicles are now available across the UK, of which almost one in five are rapid chargers, latest Department for Transport records confirm. However, the data shows that London has benefitted from a much faster expansion of its charging infrastructure than any other region, with 102 devices per 100,000 of its population, while areas like the North West have just 24 per 100,000 people. There are also growing concerns that infrastructure is failing to keep pace with the number of electric cars entering the road, with one new public device added for every 24 zero-emission vehicle registered last year.

It has added a pure electric Renault Zoe van to its fleet in a UK-first trial to understand how it will be able to use EVs after new petrol and diesel vans are banned from 2030.

I've been driving one ahead of first deliveries to remind myself how far the Czech marque has come in the two decades since its launch.

What age is best to start inheritance tax planning?

People in their 70s or 80s have often put off thinking about it or were reluctant to give money away to their children when they were younger, but by then there is not much time left, explains Osbornes Law. Gifts are subject to the well-known rule that you have to survive seven years before they become tax free, and if you are wealthy enough to set up a trust you can pass on far more by doing this in your 50s or 60s.

MPs accuse the DWP of showing 'litte interest' in helping women suddenly receiving large backpayments with the knock-on effects, like cuts to benefits or financial assistance with care bills.

How can we ease the pain of energy bills rocketing 50% in April?

If you're anything like me, energy bills will feel like a painful monthly expense and one that you really aren't looking forward to rising by £54. Nonetheless, like me, many This is Money readers will be able to grudgingly stomach the hike and feel it as just another part of the current cost of living squeeze. Others, however, will be among the millions of people for whom this is going to be a real problem and may have to choose between heating and eating.

Has the shift from growth to value kicked in? Investing Show

Some of the big name US growth stocks have suffered falls since late last year, but is this a changing of the guard and why is the shift in central bank thinking seen to benefit value not growth? On this episode of the Investing Show, Simon Lambert of This is Money, and Richard Hunter of Interactive Investor discuss what may lie ahead for investors in 2022, how the year has started and the kind of companies that could benefit from value getting its day in the sun.

Energy firms send in debt collectors... to homes that owe nothing 

Power firms are unleashing heavy-handed debt collectors over bills that have often been issued in error. Customers of one firm have had unexpected demands after the supplier sold debts to a third party. The debt-purchasing company is represented by a law firm which two watchdogs have received complaints about.

WhatsApp scam sees crooks pose as children to target parents for cash

Santander reported a 532% surge in 'mum and dad' or 'friend in need' scams - where fraudsters impersonate their victims' loved ones - between August and November last year. Ex-headmistress Elizabeth Baker (pictured, left, with partner Hugh) - came close to losing more than £500 after a scammer pretended to be her daughter. Meanwhile a conman tricked the father of Cally Beaton (pictured, right) out of £1,800.

Lottery savings accounts: Yorkshire BS launch Make Me a Saver

Yorkshire Building Society has launched a new regular savings account offering savers the chance to win one of ten £1,500 cash prizes each month. Regular saver accounts enable savers to save a fixed amount every month, albeit typically with a minimum or maximum limit on how much can be deposited each time. The Make Me a Saver account pays 1% interest and allows customers to deposit up to £150 per month whilst allowing instant access to their savings without penalty.

Best stocks & shares Isas: Pick the right DIY investment platform

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

Following months of historic lows, mortgage rates are starting to edge up for many borrowers following a rise in the Bank of England's base rate.

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

Prize Area Value of bond
£1,000,000 Hertfordshire £12,000
£1,000,000 Lancashire £5,000
£100,000 Northamptonshire £1,250
£100,000 Surrey £2,000
£100,000 London £5,000
£100,000 West Midlands £450
£100,000 Leeds £5,000
£100,000 Cambridgeshire £40,000
More January 2022 winners
View list of January 2022 winners


Tourist rates

Currency Rate Buy now
Updated 26 Jan 2022.
Euro 1.168 Buy Now
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Barbados Dollar 2.549 Buy Now
Brazilian Real 4.893 Buy Now
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Canadian Dollar 1.648 Buy Now
Chinese Yuan 8.699 Buy Now
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Czech Koruna 28.36 Buy Now
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Hong Kong Dollar 10.15 Buy Now
Hungarian Forint 417.2 Buy Now
Icelandic Króna 162.8 Buy Now
Indian Rupee 87.48 Buy Now
Indonesian Rupiah 17915.0 Buy Now
Israeli New Shekel 4.045 Buy Now
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Japanese Yen 148.8 Buy Now
Jordanian Dinar 0.8955 Buy Now
Kenyan Shilling 145.0 Buy Now
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Mexican Peso 26.68 Buy Now
New Taiwan Dollar 34.03 Buy Now
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New Zealand Dollar 1.954 Buy Now
Norwegian Krone 11.8 Buy Now
Polish Zloty 5.265 Buy Now
Romanian New Leu 5.627 Buy Now
Russian Rouble 75.14 Buy Now
Singapore Dollar 1.751 Buy Now
South African Rand 20.0 Buy Now
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Sterling 1.0 Buy Now
Swedish Krona 12.12 Buy Now
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Vietnamese Dong 27664.0 Buy Now