I paid off £85k of debt by getting money-savvy – here are my 13 golden rules

How to start investing: A beginner’s guide

Getting started in investing is a great way to make your money work harder for you over the long term, as investments tend to outperform cash savings

Fashion retailer Club L London reports record £14m profit with £3.7m dividend

Accounts follow acquisition of Lavish Alice earlier this year

Retail drags on FTSE as stocks drift ahead of US interest rate decision

Retail drags on FTSE as stocks drift ahead of US interest rate decision - In London, retailers were a soft feature after a report showed annual UK retail sales growth decelerated in November.

Amazon to pay more than $580 million to settle tax probe in Italy

By Emilio Parodi MILAN, Dec 10 (Reuters) - Amazon has agreed with Italy's tax collection agency to pay 510 million euros ($582 million) to settle a tax dispute, two sources close to the matter said on Wednesday, in one of a number of cases involving the company in Italy. However, in an unusual development, Milan's prosecutors are in disagreement with the accord between the revenue agency and the

7 things you might be wasting your money on – and 4 you should pay more for

Mortgage boost: Homebuyers can make huge savings this month ahead of Bank of England rate decision

Homeowners preparing to renew a fixed rate mortgage could save hundreds of pounds by acting before the end of December. Richard Moring, director of RM Mortgage Solutions, said December is a strong month for arranging a new deal because activity in the mortgage market typically slows. He said: "It's not a time of year that you tend to think about re...

Dollar recovers ground vs yen; euro steadies after inflation data

By Saqib Iqbal Ahmed NEW YORK, Dec 2 (Reuters) - The dollar regained ground against the yen, recovering from Monday's selloff, even as expectations for a December rate hike by the Bank of Japan lingered, while the euro edged up after data on Tuesday showed euro zone inflation was slightly hotter-than-expected. The greenback rose 0.3% against the yen to 156.00, after hitting a two-week low on

Etoro launches paid subscription: With a debit card and cashback paid in shares is it worth joining?

The new subscription gives access to features that were previously only available to those with a balance of $25,000 or more.

Mixed day for global stocks as market digest huge Netflix deal

World stock markets gave a mixed picture on Friday, with sentiment underpinned by hopes for sustained US central bank rate cuts, but nagging inflationary worries limiting the gains in bourses that advanced. Earlier Friday in Asia, Mumbai equities won a boost from a rate cut by the Indian central bank.

What the Federal Reserve rate cut means for you

What the Federal Reserve rate cut means for you - The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the third time since September, bringing its key rate to about 3.6%, the lowest in nearly three years

Average savings by age: How much should I have in savings?

We look at how much the average person has in their savings at each stage of life, and how much you should be stashing away to keep pace.

What will be the real impact of £16bn of projects for Wales confirmed at the investment summit?

This week’s Wales Investment Summit arrives with a striking headline namely more than £16bn of investment and 10,000 jobs linked to projects being showcased to global investors. At first glance, it creates the impression of a transformative moment f

Why the rich get richer while everyone else falls behind

Wealth inequality doesn’t just mean some people have more than others—it reshapes the entire economy from top to bottom. When ownership concentrates in a small elite, ordinary workers lose the financial security that comes from holding assets, while the wealthy accumulate passive income far beyond what they could ever spend. That imbalance forces millions to rent, borrow, and pay transfer after transfer to asset-owners, even as wages stagnate and essential goods like housing and energy climb in price. Over time, spending power shifts upward to a group that barely spends, pushing industries to collapse in poorer regions and cluster around the few places rich consumers live. The result is a self-reinforcing cycle: low wages, high asset prices, mass insecurity, and a shrinking middle class struggling to survive in an economy built for someone else.

Elon Musk's net worth surges $3B in a day to $491B after SpaceX eyes $30B IPO

Elon Musk's net worth could soar to $1 trillion (£750.6 billion) by 2033, according to reports, as the first of two vesting dates for his $1 trillion pay package approaches. His wealth remains closely linked to Tesla, alongside ventures such as xAI and SpaceX. According to The Forbes Billionaire List, Musk's net worth increased by $3.1 billion (£2....

Ranking the world's richest people

The combined net worth of the top ten individuals totals £1.829 trillion.

Millions could face 20 per cent charge as HMRC moves to close ISA cash loophole

Savers could soon face a 20 per cent charge on cash held inside stocks and shares Isas, as HMRC considers ways to stop people using them to bypass new limits on cash Isas. Industry sources say the tax authority is exploring an indirect levy on interest earned from cash sitting in these accounts, a move that would hit anyone who leaves money uninves...

BBC's £3k alert to anyone using 'pay later' schemes as accounts 'drained'

Louise Minchin said 'persistent' attempts are being made at Brits shop online in the lead-up to Christmas - but there are some red flags to easily spot crooks

Security analysis of major global banknotes

Find out which countries have the most and least counterfeited currencies, and the measures banks take to stop fake cash entering circulation.

This is the lie that keeps the middle class broke

They told you to chase money, to save, to invest — but never to question what money really is. The truth is, money isn’t wealth; it’s a control system. While ordinary people obsess over numbers in an account, the elite quietly accumulate real resources — land, power, and ownership. This video exposes how the obsession with money blinds men to the real game being played, and why the rich want you distracted chasing illusions.

HSBC to pay about $300 million to settle French tax probe, Bloomberg News reports

Dec 10 (Reuters) - HSBC Holdings is preparing to pay around $300 million to settle a French criminal probe into its alleged role in the “Cum-Cum” tax scandal, Bloomberg News reported on Wednesday, citing people familiar with the matter. Cum-Cum trades involve foreign investors temporarily transferring shares in French companies to local tax-exempt entities, such as domestic banks, around dividend

US tax refunds to rise $675 on average next year; nearly 50% of Americans plan to use them for bills

Enhanced tax breaks under US President Donald Trump's One Big Beautiful Bill Act are expected to boost federal income tax refunds next year by hundreds of dollars, according to tax experts. Christian Floro from Principal Asset Management stated that tax refunds could increase by approximately $675 (£505), raising the average refund to nearly $3,800...

Bank of England: Rachel Reeves's budget will cut inflation by up to 0.5%

The Bank of England deputy governor has told MPs that Rachel Reeves's November Budget is set to push down price rises. Clare Lombardelli appeared before the Treasury committee, where she said the Chancellor's fiscal measures would reduce inflation by between 0.4 per cent and 0.5 per cent from the second quarter of 2026. She said the fall would be d...

Hairspray makes money fly?

A wild visual trick where a banknote seems to jump or float from one hand to the other after being sprayed with hairspray. The effect looks impossible and reacts just like real magic—perfect for fooling friends and grabbing attention in seconds.

After June war with Israel, Iranians seek portable wealth as hedge against falling currency

After June war with Israel, Iranians seek portable wealth as hedge against falling currency - Iranians are turning to gold as a trusted hedge against inflation, sanctions and a weakening rial currency

Has 2025 made you richer or poorer?

A look a who is finishing the year in a strong position and who has had 12 months to forget.

HMRC issues UK-wide tax announcement over £1,000 payments

People who have been earning extra this Christmas have been reminded of the rules

IG is paying up to £1,000 when you transfer your investments - and that's not its only cashback deal

Investment platform IG is running yet another cashback deal, paying 1% on investments transferred to its platform from another provider - but only for the next few days.

Volkswagen to decide on 160 billion euro investment budget, Handelsblatt reports

FRANKFURT, Dec 10 (Reuters) - Volkswagen's supervisory board is set to decide on Thursday how the German carmaker will allocate a five-year investment budget of about 160 billion euros ($186 billion), Handelsblatt cited people familiar with the matter as saying on Wednesday. ($1 = 0.8591 euros) (Reporting by Ludwig BurgerEditing by Madeline Chambers)

Martin Lewis issues £3,790 warning to anyone with savings in bank account

Martin Lewis explained how top paying savings accounts have actually been 'top losings' over the past decade.

Top 3 investments that will save you $100+ every month

Saving money doesn’t have to be complicated, and this video breaks down the top three investments that can immediately cut over $100 from your monthly expenses. Each option is explained in simple terms so you can see exactly how it pays off over time. The focus is on practical upgrades that reduce bills without sacrificing comfort or convenience. You’ll learn how small changes can lead to big financial wins. It’s a straightforward guide to smarter spending and long-term savings.

How I generated a 25.9% return in my SIPP in 2025 (and my strategy for 2026!)

Zaven Boyrazian managed to achieve market-beating double-digit returns in his SIPP so far in 2025. Here, he explains how and reveals his strategy for 2026. The post How I generated a 25.9% return in my SIPP in 2025 (and my strategy for 2026!) appeared first on The Motley Fool UK.

Budget 2025: Five tips to cut tax and boost savings in 2026

Chancellor Rachel Reeves sought to raise £26billion in tax receipts in the Budget, targeting pensioners, landlords and savers. A financial planner has set out five resolutions he says could help people reassess their finances as 2026 approaches, following a year of shifting tax rules and rising living costs. Adrian Murphy, the chief executive of Mu...

Lloyds Bank warning for customers over £50 account payments

A representative from Lloyds Bank has issued an update on the scheme.

The 21 celebrity billionaires, ranked by riches

From iconic actors to legendary musicians, meet the world's billionaire celebrities.

Here’s what £5,000 put into HSBC shares in January would be worth now!

Would someone who bought HSBC shares back in January now be sitting on a paper profit or loss? Christopher Ruane explains the bank share's moves this year. The post Here’s what £5,000 put into HSBC shares in January would be worth now! appeared first on The Motley Fool UK.

Martin Lewis issues warning to savers over NS&I Premium Bonds

Premium Bonds from NS&I are a popular choice for savings thanks to their chance to win £1M but Martin Lewis reckons you can do better.

How good are public sector pensions - and should they be cut? This is Money podcast

Public sector pensions deliver a far better deal than the retirement funds most people in the private sector save into - how can we fill that gulf?

FirstGroup wins $4 billion London Overground rail contract, shares rise

Dec 10 (Reuters) - Britain's FirstGroup has been named the preferred operator for London's Overground suburban rail network in a contract worth around 3 billion pounds ($4 billion), the company said on Wednesday, sending its shares up more than 5%. Subsidiary First Rail London will take over operations from Arriva Rail London in May 2026 for an initial term of eight years, with public body

The BBC claims that Charles is the first billionaire king. Is it right?

“How is the Royal family making more money than ever?” asks David Dimbleby, in his new BBC documentary on the monarchy. “And are they worth it?” The programme claims that for the first time, the British monarch has private wealth exceeding £1bn, citing estimates by the Guardian that King Charles’s personal assets are worth around £1.8bn. Such claim...

33p penny stock Made Tech could be set for huge gains in 2026, if City analysts are right

This penny stock just experienced a sharp move higher. However, analysts reckon that there are plenty more gains to come in the next year or so. The post 33p penny stock Made Tech could be set for huge gains in 2026, if City analysts are right appeared first on The Motley Fool UK.

China's trade surplus hits record $1.08 trillion after just 11 months

China exported over $1 trillion worth of goods more than it imported for January through November, a record amount that is increasingly seen as untenable by the country's Western trading partners. We take a closer look. Also in this edition: Netflix's acquisition of Warner Bros. faces regulatory hurdles and pushback from Hollywood unions.

UK savers warned top savings rates will vanish within days - act now

The Bank of England's Monetary Policy Committee meets next Thursday

Tax on rental income: What is it, calculations and how to pay

In the same way that workers must pay tax on their earnings, landlords also have to pay tax on the income they receive from tenants. From April 2027, this will get even more expensive, as the Government unveiled plans in the 2025 Budget to increase rental income tax by two percentage points. While buy-to-let investors used to pay tax on rental inco...

New fraud checker tool launched after 800,000 people scammed

New online fraud checker tool launched after 800,000 people fall victim to scammers - The FCA want people to ensure companies they are planning to send money to are legitimate

EU Commission aims to make Europe's financial markets more attractive

The European Commission plans to fundamentally streamline and modernize the complex financial market rules for European Union countries. The planned reforms aim to improve the competitiveness of the EU's financial markets by harmonizing regulations for trading venues and streamlining supervisory processes. This includes plans to transfer supervisor...

Mortgage rates plunge at Barclays: Could you benefit from this drop?

This development follows a period of rising mortgage rates, where many UK borrowers have faced affordability pressures. With the end of the year approaching and the potential for further cuts on the horizon, mortgage advisors and homeowners alike are paying close attention to these changes, eager to secure the most competitive deals available. Barc...

How the Rich Profit From Your Mortgage

In today’s economy, every loan creates money - and every piece of money creates debt. When you take a mortgage, your debt becomes someone else’s asset. The banks don’t just lend money; they create it by tying your future labor to their balance sheet. The result? The rich hold the credit, the middle class holds the debt, and the house is just the illusion that keeps you working for them...

How UK average wealth ranks against the world

From Spain to South Korea, we reveal the average wealth per adult in 25 major countries around the world.

FTSE 100 up as investors pin hopes on US rate cut

In London, figures showed UK construction activity fell at the fastest pace in five and a half years in November.