Breaking Financial NewsThe latest news from a range of sources to keep you informed of the latest financial developments
Should I use the help-to-buy scheme for a new-build home?
by Virginia Wallis on 22 January 2018 at 10:00 am
I’ll need to repay 12.5% of the value when I pay the loan off – I might lose out if it’s worth more Q My wife and I have reserved a new-build property in Surrey costing […]
UK fourth-quarter motor insurance premiums fall 1.3 percent - survey
on 22 January 2018 at 7:52 am
LONDON (Reuters) - The cost of a comprehensive motor insurance policy fell 1.3 percent on average in Britain in the fourth quarter from the previous quarter, though premiums rose 8 percent for […]
May says will stop companies abusing pension schemes
on 22 January 2018 at 7:51 am
LONDON (Reuters) - British Prime Minister Theresa May said she would clamp down on bosses who try to "line their own pockets" while not protecting workers' pensions, after the collapse of outsourcer […]
Abolish borrowing cap to meet housing targets - MPs
on 22 January 2018 at 7:47 am
LONDON (Reuters) - British MPs said on Monday that raising the borrowing cap on local authorities to boost the supply of new homes and a cut in the tax paid by first-time buyers would not "fix the […]
Gloom shrouds UK households as inflation expectations spike - survey
on 22 January 2018 at 7:44 am
LONDON (Reuters) - British households turned gloomier about their finances in January as their expectations about future inflation hit a near four-year high and they relied more on borrowing, […]
Dyson V8: why is the pricing an Absolute farce?
by Rebecca Smithers on 22 January 2018 at 7:00 am
Different models are priced far apart – the company should dust off its namesI wanted to buy a Dyson V8 Absolute vacuum cleaner, which appeared to drop in price around Black Friday but went […]
Ryanair: passengers fight for expenses if flights are delayed
by Anna Tims on 22 January 2018 at 7:00 am
Solicitor says dodging legitimate claims are not ‘isolated incident’ but ‘company policy’When Linda Fisher booked a three-day break in Berlin to visit her boyfriend last […]
How best to leave the world of work behind | Letters
by Letters on 21 January 2018 at 5:39 pm
Readers respond to Andy Beckett’s recent Guardian articleAndy Beckett’s long read was elucidating and possibly prescient (Post-work: is the job finished?, 19 January). However, it’s […]
Theresa May vows to stop private sector 'pension abuse'
on 21 January 2018 at 1:59 pm
Theresa May says the government will stamp out abuses of workers' pensions in failing companies. […]
Government introduces new product safety office
on 21 January 2018 at 12:01 am
The move comes after concerns over faulty appliances linked to several fires, including Grenfell. […]
Theresa May: I will fine greedy bosses who betray their workers
by Toby Helm, Michael Savage and Phillip Inman on 20 January 2018 at 9:30 pm
• PM pledges tough rules to tackle pensions abuse• Whitehall weighs up plan to target executivesIrresponsible company bosses who “line their own pockets” while failing to […]
Boohoo says its ‘sale’ will end in minutes – why is it back in a couple of hours?
by Patrick Collinson on 20 January 2018 at 2:10 pm
Countdown clocks and phrases such as ‘hurry now’ are used to to panic shoppers into buyingOn Monday night I saw that the Boohoo fashion website was having a fantastic sale – […]
Milton Keynes: UK capital of ‘right-to-buy-to-let’
by Tom Wall on 20 January 2018 at 12:13 pm
More council houses have been sold to private landlords in the town than anywhere else – then rented at up to triple the priceThe floor in Elina Apse’s house on the Netherfield council […]
Tickets: is this the system to finally beat the touts?
by Rupert Jones on 20 January 2018 at 9:00 am
Ticketmaster’s new software will trawl Facebook and Twitter to check if you’re a ‘genuine’ fanYou might think you’re a real fan of an artist or show, but how far would […]
Where to move for wellbeing
by Tom Dyckhoff on 20 January 2018 at 8:00 am
Where’s the best place to live in the UK if you want to be well? (Hint: it has green hills, decent house prices and lots of sheep) I’d like to be well, wouldn’t you? Well, well-er. […]
How to make a big career change
by Sharmadean Reid on 20 January 2018 at 8:00 am
First, develop an unwavering self-belief, says Sharmadean Reid. Then swot up - you need to know your stuffSometimes the hardest part is getting everyone else on board with the idea that you want […]
Should I shred my old bank statements?
on 20 January 2018 at 7:00 am
I’ve got years of old paperwork – I’m not sure how to dispose of it or notEvery week a Guardian Money reader submits a question, and it’s up to you to help him or her out […]
Why do supermarkets sell organic products wrapped in non-cyclable plastic?
by Miles Brignall on 20 January 2018 at 6:59 am
We find organic mushrooms in non-recyclable trays next to plain veg in compostable wrappingMy environmentally conscious wife Clare is the keenest recycler possible. She even collects and recycles the […]
The Amazon worker: paid £18,000 a year to shift 250 items an hour
by Donna Ferguson on 20 January 2018 at 6:30 am
Aaron Callaway is 24 and works four nights a week alongside robots in the retailer’s warehouseIf I’ve learned anything from doing this job, it’s that money can’t replace time. […]
UK retail sales slide in December, capping tough year for consumers
on 19 January 2018 at 7:13 pm
LONDON (Reuters) - British shop sales slid by much more than expected in December, capping off the weakest year for retail since 2013 as consumers squeezed by the Brexit hit to prices continued to […]
Let’s move to Finnieston, Glasgow: ‘You’ll struggle to find a lampshade in the modish new nitespots’
by Tom Dyckhoff on 19 January 2018 at 4:30 pm
Move there and open something useful. With no cocktails in jam jarsWhat’s going for it? Bare lightbulbs. Yes, yes, I know they’re very fashionable right now, thank you very much. I have […]
Wooden homes for sale – in pictures
by Jill Papworth on 19 January 2018 at 7:00 am
Go with the grain at these timber properties, from a Victorian boathouse to a former drill hall and cinema Continue reading... […]
Ground rent: can landlords really demand six years’ payments in one hit?
by Anna Tims on 19 January 2018 at 7:00 am
My freeholder hasn’t been sending annual invoices, and has just landed me with a massive billI read with interest about landlords being able to claim six years’ worth of ground rent […]
ATM shake-up could leave many without cash, consumer group warns
on 19 January 2018 at 12:40 am
People in remote areas could be left with little or no access to cash, says consumer group Which? […]
First Carillion task force meeting 'constructive'
on 18 January 2018 at 10:40 pm
The group will co-ordinate efforts to support business and workers affected, government says […]
UK's largest estate agent Countrywide issues profit warning
by Julia Kollewe on 18 January 2018 at 6:05 pm
Shares down by almost a fifth as number of UK property sales fall and surveyors report fewer inquiresShares in the UK’s largest estate agent, Countrywide, have tumbled by nearly a fifth after […]
When it comes to estate agents, the future could be purple
by Patrick Collinson on 18 January 2018 at 2:59 pm
Falling sales and the lengthening time taken to sell a home is hurting traditional estate agentsPlot the share price of Purple Bricks against Countrywide over the past few years and it tells you all […]
How did UK households budget in 1957?
on 18 January 2018 at 2:01 pm
Housing took a much smaller share of incomes 60 years ago, but food and fashion cost more, says the ONS. […]
BoE to wait and see; growth, inflation, Brexit key - Reuters poll
on 18 January 2018 at 9:23 am
LONDON (Reuters) - Above-target inflation and a buoyant jobs market won't push the Bank of England to tighten policy until at least November as it waits to see how divorce talks with the EU develop, […]
UK RICS house price gauge unexpectedly picks up from four-year low
on 18 January 2018 at 9:22 am
LONDON (Reuters) - A key gauge of British house prices unexpectedly picked up last month from its lowest level in more than four years, helped by a less negative tone in London and neighbouring areas. […]
Why won’t City Cruises apologise after a boat collided with a bridge?
by Anna Tims on 18 January 2018 at 7:00 am
After the incident, the crew put on life jackets but did not give them to terrified passengersI took a boat trip along the Thames with City Cruises in November. The boat collided with a bridge wall […]
Are the days of loyalty cards numbered after Tesco's change?
on 18 January 2018 at 12:26 am
Tesco's decision to alter its Clubcard scheme may be a sign of more change ahead, experts predict. […]
Tesco delays Clubcard changes after customer backlash
by Rebecca Smithers Consumer affairs correspondent on 17 January 2018 at 6:26 pm
Grocer postpones reward scheme revamp until June after outcry over reduced value of vouchersTesco has delayed changes to its Clubcard rewards scheme after a backlash from customers who objected to it […]
Gender pay gap 'widens as women get older'
on 17 January 2018 at 5:01 pm
The ONS finds the gender pay gap increased from 40 onwards, peaking between 50 and 59. […]
UK jobless rate set to fall to fresh low in 2018 - BoE's Saunders
on 17 January 2018 at 1:08 pm
LONDON (Reuters) - British unemployment is likely to fall further than the Bank of England and most other economists expect this year, pushing pay growth to near its fastest rate since the financial […]
Carillion: Are pensions on the brink?
on 17 January 2018 at 11:49 am
How many pensions are in deficit and does it matter? […]