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Last updated: 17:07 BST, 1 July 2024
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Cash Isas surge in popularity with £73.5bn poured into them in a year and a half

Savers have continued their dash for cash Isas with £4.2bn pouring into tax-free accounts in May, new BofE data shows. That comes after they stuck away a record £12.3bn in April and HMRC estimates last week that savers face a plus-£10bn collective tax bill this financial year for breaching their PSA.

The Government has introduced a new pension top-up scheme for people on low income. How will it work?

Britain's second best-selling EV has a 'potentially dangerous' issue, warns Which?

One of Britain's most popular electric cars has a 'potentially dangerous' issue that could put drivers and other road users at risk. Product testing group Which? says it identified the problem with the second best-selling EV during controlled and repeated tests that it carries out on over 100 different cars each year. It found the £27,000 EV's lane-assist system - designed to keep the car in its lane - pulled the vehicle onto the wrong side of the road, which puts motorists at risk of driving head-on into oncoming traffic.

Energy bills will fall for millions of homes today, but are predicted to rise from October. Does it make sense to try to beat the hikes?

If Rachel Reeves becomes Chancellor, she would have to incentivise funds to invest for the benefit of current pension savers and generations to come.

I am a grandmother of three boys and happily look after them in the school holidays. But taking them out adds up and I'd like to ask my son for £30 a day. Can you help?

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How will gilts react to a change of government in the UK?

Britain looks on course for a change of Government next week after 14 years of Tory rule, as new leadership is tasked with dragging the economy out of the doldrums. But whoever wins on 4 July will do so in the shadow of Liz Truss' disastrous 2022 mini-Budget and the havoc its unfunded tax cuts unleashed on the nation's finances - as well as the personal finances of its citizens. Can Britain revitalise its economic fortunes while avoiding another market meltdown?

Harland & Wolff shares have been suspended from trading on the London Stock Exchange after the shipbuilder failed to publish its annual results on time.

Aviva, which is a top ten shareholder in Britvic said there would be benefits to a merger of the companies but that the bid price was too low.

Anglo American shares fell on Monday after the mining giant revealed it had suspended production at an Australian steelmaking coal mine.

British financial data firm Preqin has agreed to a £2.55billion all-cash takeover by US investment giant BlackRock.

Asset manager Janus Henderson revealed that firms paid $458billion of interest to banks and bondholders in 2023/24, $89billion more than the previous year.

The best Wimbledon side hustles! TOBY WALNE meets the enterprising tennis locals

Wimbledon starts serving up Championship tennis today - offering an ideal opportunity for locals to earn some extra cash. Every year, the people of the famous SW19 postcode can earn a healthy additional income through a variety of so-called 'side-hustles'. These can range from earning thousands by renting out a home out to a player to much more small-scale enterprises such as selling strawberries and refreshments. But which is best? Reporter TOBY WALNE puts on his Panama to discover more about the money-making masterstrokes and side-hustles being played.

How M&S has finally fixed its fashion - for every age group: RUTH SUNDERLAND visits HQ to

This season, I've become an M&S super-fan, writes Ruth Sunderland. Casting my eye around our City desk, all my female colleagues are wearing M&S. Casting my eye around our City desk, all my female colleagues are wearing M&S. It's looking good on everyone from our business reporter Leah Montebello, who is in her 20s, to those of us in the over-50s vintage, such as Anne Ashworth and myself (all pictured above).

It is possible to acquire a stake in Nvidia and the other Silicon Valley names through investment trusts whose shares are at a discount to their net asset values.

Vietnam is a growth hotspot and could reward brave investors, says JEFF PRESTRIDGE

It is a beneficiary of massive inward investment as big international companies shift their manufacturing bases southwards out of China and into North Vietnam. Without breaking the bank, the Government is also heavily investing in the country's infrastructure - while greater urbanisation is creating a burgeoning middle class with money to spend. The population (100 million) is also young with an average age of 33, so it has no millstone like the NHS around its neck. Put all this in a pot and you have an economic environment ideal for companies to thrive and make money for shareholders. Furthermore, with the country heading towards emerging markets status (it's classified as a frontiers trust), interest in the stock market, especially from foreign investors, should rise.

While Sir Keir Starmer may already have his right foot firmly panted inside Number 10, don't expect a future under Labour Chancellor Rachel Reeves to be the land of milk and honey that they promise.

HMRC says sorry after woman with Alzheimers is hit with fines over late tax return

Alf Morley, pictured with his wife Linda, says he tried to tell the taxman she could not fill in the return herself, and he held power of attorney to do it for her. But his efforts got nowhere, and he told us: 'I am unable to complete the form online and HMRC have failed to send me a paper copy, despite several requests.'

The lucky Premium Bonds numbers from £1,000 up to £1 million are published on This is Money the first working day of the month - and a full day before NS&I updates its prize checker tool

What it really costs to move to Portugal: Your pension and savings go a LOT further - and

With a career in the Royal Navy and the Ministry of Defence, Peter Reynolds and his wife Karen were used to moving house. While Peter hails from Scotland, the couple lived in Portsmouth and Eastleigh with postings to Hong Kong and Gibraltar. And when it came to retiring, they knew they wanted to settle abroad. After many happy holidays in Portugal's Albufeira, they found a rustic property 15 minutes inland of the Algarve's biggest tourism resort. One of the advantages is that in the restaurants of their village, Cerro do Roque, they are typically surrounded by local workers rather than tourists.

Berenberg also argues that the shares are trading at a tempting 17 per cent discount to other personal care products groups.

In January 2023, my wife began a regular monthly investment into her Hargreaves Lansdown share account. Last October, Hargreaves Lansdown asked about the source of the funds.

Are electric cars responsible for Britain's pothole problem?

A leading road surface company wants to put an end to speculation as to whether electric vehicles are the cause of an increase pothole plighting the nation's roads. The Asphalt Group - one of the UK's largest road surface treatment companies - has called for a better long term solution to the on-going issue of Britain's crumbling road network.

Ovo Energy exploring potential sale as it looks at range of options to boost its finances,

The UK's fourth-largest household energy supplier is close to hiring bankers to review the business. A range of possibilities is set to be considered, Sky News reported, including a refinancing or a partial or full sale of the company. Ovo has around four million customers - putting it only behind British Gas, Octopus Energy and E.On Next. In 2019, it agreed to buy SSE's household energy business.

The Institute of Directors said its economic confidence index - which measures bosses' optimism in the economy - slumped to a four-month low.

HM Revenue & Customs is rejecting valid submissions, delaying payments and grabbing back tax credits as part of a wider attempt to crack down on fraud, numerous sources told us.

Lesley-Anne Down made £175 an episode on Upstairs, Downstairs, but earned a fortune in LA

Lesley-Anne says some of her roles earned her 'silly money'. The first was for the movie The Betsy, which starred Laurence Olivier. She was 23, worked on it for seven weeks playing Lady Bobby Ayres and got paid $50,000. She got $150,000 for Hanover Street and $200,000 for The First Great Train Robbery. But the easiest money was for doing absolutely nothing - CBS gave her $250,000 to not go to another network for a year.

Lucky Egg is 'actively manufacturing virality' from its office in the heart of Soho. We speak to founders Luke Shelley and Marcus Ereira about the games business.

More of us are falling into the savings tax trap - is it fair? This is Money podcast

You find a decent paying savings account, diligently squirrel away your money, watch it grow… only for the taxman to come along and swipe a chunk. And since savings rates have been much better in recent years, the amount HMRC is taking in in savings tax revenue has gone up significantly.

More pensioners than ever are now paying tax on their income, according to the latest figures from HMRC. The number over state pension age paying tax increased by 660,000.

How to save money on energy: Your essential guide to bills

It can seem a little overwhelming trying to keep up to date with what is going on with our energy bills. But as prices soar, its more important than ever to stay in the know. This is Money takes a look at all of the essential things you should be aware of, from why the prices are increasing, to cutting down costs and switching to smart meters.

What the general election means for the economy and your finances

The economy and its impact on people's wallets are likely to take centre stage as both major parties ramp up their campaigning ahead of the July General Election. We look at what policies have already been announced, and what it will mean for people's finances.

In my view, a flexible cash Isa is the best type of savings account that you can have and an essential building block for managing your money.

With the inflation dragon appearing to have been slain, falling to the 2% target in recent data, there is a risk that savings rates could similarly plummet.

Ford Explorer review: Is the £40k electric SUV a good buy for Britain's drivers and

It might seem like just yet another electric SUV launch to the public, but for Ford there's a lot hinging on the success of the Explorer EV. Not only is it Ford's first electric car designed with European customers in mind, its arrival comes at the expense of a staple of Britain's roads - the Fiesta. 

One of the biggest complaints about electric vehicles is their inflated price tags. But the Hyundai Inster is one of a recent bunch of 'affordable' small electric cars coming to market.

There are at least 18 different types of speed camera being used across Britain. Three of these are can also detect other offences such as handling a phone. Find out how they work.

My husband lost access to £100k Barclays savings after recovering from a stroke: CRANE ON

My husband suffered a stroke four years ago. Me and my son became deputies for his affairs, including managing his finances. Thankfully, he recovered much better than initially expected, and after about a year he was fit to handle his money on his own again so the deputyship was removed. But a while later, he lost access to his Barclays accounts - including one which held £100,000 in savings.

My home is part leasehold - but I only found out after owning it for 17 years...

Last year, my wife and I decided to sell our home and buy my parents' house, as they were downsizing. We put our cottage up for sale at £289,000 and had an offer from a neighbour which we accepted. But a few days before the move, my solicitor informed me that the buyer's solicitor wanted an issue with the title clarifying and had written to the Land Registry. Once they replied, my buyer pulled out of the sale on her solicitors' advice. It transpired that when I bought the home in 2006, my conveyancer failed to notice the details of the leasehold land in the property title - and this error has now cost me £40,000.

A drone keeps spying on me in my garden - am I allowed to shoot it down?

If a drone keeps hovering over your property, what can you realistically do about it? The good news is the police can act against drone operators breaking the law, but the bad news is that drones just being annoying are harder to tackle.

I have a cheap fixed rate ending in 2026, and £105,000 left to pay on the mortgage - as well as £125,000 in savings. What's the best way to use my money?

We pick our five favourite cash Isas for savers. This is essential reading to help you choose a top savings account for your money that can also protect you from tax.

More than half of homes are still NOT energy efficient, says Rightmove

More than half of UK homes are not energy efficient and this is adding thousands of pounds to peoples' bills, a new study by Rightmove has found. At least 18m homes have an EPC of D or below, according to Rightmove, which would equate to 55% of the total housing stock.

Three major lenders have cut mortgage rates in what could be the start of a downward shift in interest rates.

An estimated 2.5million pensioners, or one in five of those living in Great Britain, receive a state pension above the income tax threshold.

What expenses can a limited company write off against tax? HEATHER ROGERS explains

A private limited company is a legal entity. They have much stricter reporting rules than sole traders, and there are key differences in expenses rules, says our tax expert Heather Rogers. So what can you claim and how do you ensure you don't fall foul of the taxman on the boundary between what's personal and what is actually related to your business...?

A third of people set to retire in the next two years are not confident they will be financially secure, according to a study by Barnett Waddingham.

Our tip Afentra is up 112% - can investors still profit? MIDAS SHARE TIPS UPDATE

Oil accounts for some 40 per cent of the nation's economy and, until recently, state-owned firms monopolised the industry. But under president Joao Lourenco, a privatisation programme has been initiated, and Afentra has been a key beneficiary. Shares have more than doubled from 25p to 53p since Midas recommended the stock in May 2023. Hungry investors may choose to sell half their stock now and bank profits. Longer-term, however, there should be plenty of firepower left in this business.

This new King Charles £10 note sells for £17,000 at auction

A new King Charles bank note has sold for £17,000 at a Bank of England Charity auction today, as collectors went into a bidding frenzy. The auction, held by Spink & Son on behalf of the Bank of England featured 262 lots of new £10 notes featuring King Charles III.

In my 45 years as a divorce lawyer I've seen couples split for every reason under the sun, and I still regularly see trends emerge.

I thought that my employer was deducting the extra tax from my pay, but it wasn't and I am now going to end up with a big bill. What do I need to know about doing a tax return?

Best stocks & shares Isas: Pick the right investment account

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.

If you are planning on investing, or just want to know more, we tell you the 10 essential things to consider for a successful buy-to-let investment

Fixed mortgage rates are continuing to fall back from their summer peak, with a number of fixed rates deals now less than 5 per cent.

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

This is Money takes a look at all of the essential things you should know about.

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