Money

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Dollar gets reprieve as US economy shrugs off tariffs

The dollar has steadied after the worst start to the year since 1973, as the resilience of the US economy prompts some investors to back away from bearish bets on the currency. The dollar index — a gauge of the currency’s strength against major rivals — tumbled in the first half of the year as concerns that Donald Trump’s trade war would hurt growth combined with jitters over rapidly mounting sovereign debt. But it has risen 1.6 per cent so far...

2025-07-19T11:07:20Z

Handbag maker Mulberry raises $27 million from top investors

(Reuters) -Britain's Mulberry said on Thursday it has raised 20 million pounds ($27.14 million) through convertible debt from its two biggest shareholders as it seeks to bolster operations and support growth. Shares of Mulberry fell 5.1% to 92.5 pence apiece by 1309 GMT. The high-end luxury bag maker also reported an 18% fall in group revenue for the nine weeks ended June 1, as rising inflation

2025-07-10T14:20:40Z

Here’s how I cut my rubbish to one bag per fortnight (and make money while I’m at it)​

Every time I drive from my house into Manchester, I am confronted by Pilsworth South Landfill, an unsightly hill that could be mistaken for the surface of the moon. I’ve watched diggers working on it day and night, to cap the rubbish and contain the smells produced from a dump site that is rapidly running out of space. As a small island, we’re not ...

2025-07-16T07:40:55Z

£100,000 invested in the FTSE 250 5 years ago is now worth…

The FTSE 250's home to many growth stocks, some of which have more than doubled in the last five years! Here's how much money investors have been making. The post £100,000 invested in the FTSE 250 5 years ago is now worth… appeared first on The Motley Fool UK.

2025-07-14T07:28:41Z

How to earn up to £715 – just by switching bank accounts

During the past year, fewer than one in five of us (17pc) switched bank accounts. But, ditching your current account isn’t just an opportunity to get better rates or customer service, it can also be an easy way to earn a bit of extra cash. In fact, if you’re prepared to keep switching, you could bank up to £715, based on the switching incentives cu...

2025-07-14T10:45:42Z

I earn £100k and feel rich – unlike some, I appreciate my privilege

Inflation is real - but I'm sick of hearing people on six figure salaries complaining they can't afford things

2025-07-16T05:21:50Z

UK bank profits in focus as lenders await critical motor finance court ruling

Lloyds Banking Group will kick off the sector’s half-year earnings with its results on Thursday, followed by NatWest Group on Friday.

2025-07-18T15:16:34Z

Here’s how an investor could start a Stocks & Shares ISA tomorrow and aim for £2.1m by 2055

The Stocks and Shares ISA is an incredible vehicle for building wealth. Dr James Fox explains the strategy to go from zero to hero in 30 years. The post Here’s how an investor could start a Stocks & Shares ISA tomorrow and aim for £2.1m by 2055 appeared first on The Motley Fool UK.

2025-07-14T04:43:40Z

Retirement Planning: How Long $1 Million Will Last You In Every State

To the millions of Americans who've saved nothing for retirement it sounds like a fortune. But to those who have managed to put one million dollars aside for their golden years—how many of those years will actually be golden depends on what state they happen to live in.

2025-07-16T11:53:32Z

St James’s Place confirms new fees – what it means for customers

The UK’s largest wealth manager is replacing its “opaque” and “complex” pricing structure. We explain the new charges, and when they will kick in

2025-07-16T17:43:10Z

Why the next month could make or break the Lloyds share price

Jon Smith outlines two key events in coming weeks that could influence the Lloyds share price, leading him to make a specific call right now. The post Why the next month could make or break the Lloyds share price appeared first on The Motley Fool UK.

2025-07-15T11:28:41Z

'I can lend someone £100k in an hour': The life of a pawnbroker

If you've ever spent your morning commute daydreaming about starting afresh with your career, this feature is for you. Each week, our Money team speaks to someone from a different profession to discover what it's really like.

2025-07-14T14:39:32Z

Why UAE residents choose gold over their bank savings accounts

Dubai: In a country where skyscrapers rise from the desert and luxury feels like second nature, it’s no surprise that gold—timeless, tangible, and trusted—is becoming the go-to savings tool for many UAE expats. While banks offer safety and convenience, more residents are now parking their money in gold instead. And it’s not just tradition—it’s stra...

2025-07-19T01:14:31Z

EnBW rakes in $3.6 billion via capital increase

FRANKFURT (Reuters) -German utility EnBW on Tuesday said it had raked in 3.1 billion euros ($3.6 billion) in proceeds from a share sale aimed to bolster its ambitious investment programme in energy networks and renewables. The company said it sold nearly 54 million shares at a price of 58 euros per share, a 9% discount to the current share price. "The capital increase significantly increases our

2025-07-15T09:53:06Z

Footsie tops 9000 before US inflation fears hit markets: Blue-chips give up early gains

The Footsie rose to just under 9,017 to add to an impressive run that has seen it climb by more than 10% so far this year, outperforming Wall Street rivals.

2025-07-15T21:22:26Z

UK’s Over-60s Urged to Withdraw Money and Secure Higher Returns

As the UK grapples with an ongoing cost-of-living crisis, a fresh warning has been issued to millions of households over the age of 60. Financial experts are urging pensioners and retirees to take immediate action to safeguard their wealth, ensuring they don’t leave money on the table due to overlooked financial opportunities. With inflation hittin...

2025-07-13T14:54:32Z

HMRC warning for Brits who receive state pension as they could owe money

The full rate of the new State Pension is now £230.25 per week or £11,973 a year, meaning some pensioners who receive this amount may need to consider their tax position

2025-07-15T09:13:27Z

Ranked: the highest-paid sports stars in the world

Ever wondered which sports stars earn the most? From soccer to golf, we reveal the top-earning athletes over the past year.

2025-07-19T14:34:34Z

Bitcoin surpasses $120,000 mark for first time

Bitcoin continued to rise at the start of the week, surpassing the $120,000 mark early on Monday for the first time since it came onto the market some 15 years ago. On the Bitstamp trading platform, the price rose to $121,488, after nearly hitting the $120,000 mark over the weekend. Analysts attribute the oldest and best-known cryptocurrency's stea...

2025-07-14T07:03:56Z

Private equity-backed insurance firm CFC eyes City float

There have been just nine listings in London this year. Three were on the main market and six on AIM.

2025-07-18T21:07:24Z

An A-Z of the FTSE 100: L is for… Lloyds share price

The Lloyds share price is close to being at its highest level since the global financial crisis. Our writer looks at where it might go next. The post An A-Z of the FTSE 100: L is for… Lloyds share price appeared first on The Motley Fool UK.

2025-07-17T07:58:39Z

Cash shortage forces Gazans to pay high price for their own money

With banks shut and ATMs out of service, Gazans are turning to money repair services or cash brokers who now charge up to 40% commission, deepening a growing economic crisis. View on euronews

2025-07-11T10:28:01Z

easyJet shares: here’s what a £1,000 investment in 2020 would now be worth

easyJet shares haven’t been great performers since the pandemic, but with its Holidays division firing on all cylinders, could that be about to change? The post easyJet shares: here’s what a £1,000 investment in 2020 would now be worth appeared first on The Motley Fool UK.

2025-07-14T06:58:40Z

What United's New Profit Forecast Signals for Airlines

Barbara Doran, BD8 Capaital Partners founder and CIO, reacts to United Airlines Holdings' new profit outlook for this year. The airline now expects full-year adjusted earnings of $9 to $11 a share, United said in a statement.

2025-07-16T21:48:03Z

Millions of UK drivers could benefit from Rachel Reeves’ policy

Millions of UK drivers could benefit from Rachel Reeves’ policy -

2025-07-19T12:42:11Z

Ranked: the world's 15 richest people (and how they REALLY made their money)

Meet the world's most exclusive clique.

2025-07-09T13:04:32Z

Has the cash Isa been saved for good... or is a cut still coming? This is Money Podcast

The slashing of the cash Isa was considered a nailed on certainty in next week's Mansion House speech, but now it seems Rachel Reeves has had a change of heart.

2025-07-11T19:37:20Z

7.5x earnings, £80.2m in net cash, and a big yield… what’s not to like about this UK stock?

This UK stock has a really strong net cash position relative to its size and its other metrics are very encouraging. Dr James Fox explains. The post 7.5x earnings, £80.2m in net cash, and a big yield… what’s not to like about this UK stock? appeared first on The Motley Fool UK.

2025-07-17T05:28:40Z

How I Manage My Money: Bookseller, on £300 a month, with no savings or pension

Jess Muxlow, 25, has struggled to save as much as she would like as a result of health issues

2025-07-14T05:36:48Z

Are you an overspender or excessive saver? You might have ‘money dysmorphia’

Are you an overspender or excessive saver? You might have ‘money dysmorphia’ - When our perception of financial reality becomes skewed, it can result in intense feelings of anxiety, guilt and stress

2025-07-15T13:22:26Z

EU Court upholds EU parliament’s decision to recover funds from Jean-Marie Le Pen

BRUSSELS (Reuters) -The EU's General Court upheld on Wednesday a European Parliament (EP) decision requiring the estate of late French far-right politician Jean-Marie Le Pen to repay 303,200 euros ($352,380) for wrongly claimed expenses during his time as a member of the parliament. After Le Pen died in January 2025 aged 96, his daughters Yann and Marie-Caroline and granddaughter Marion continued

2025-07-16T10:00:36Z

Full list of BBC on-air salaries in 2024/25

Full list of BBC on-air salaries in 2024/25 - There are no non-white people in the top 10, and only three women.

2025-07-15T11:15:44Z

Best savings rates – earn as much as 5%

The best savings rates on the market are offering up to 5% on your cash. Act fast before these top-paying accounts disappear

2025-07-02T13:58:21Z

Is the state pension taxable in the UK? How it’s taxed and what you’ll pay

The state pension rising to nearly £12,000 this year will be welcomed by many retirees, but will leave others asking whether they will now have to pay income tax on their pension income. The triple lock guarantee, introduced in 2011, means that each year the state pension rises in line with either inflation, average earnings growth or 2.5pc, whiche...

2024-09-19T09:01:30Z

The best one-year fixed savings accounts – earn up to 4.59%

One year fixed savings accounts are now offering inflation-beating rates of up to 4.59%. We've rounded up the best deals available on the market now

2025-07-03T09:28:21Z

2025-07-14T06:53:05Z

Wealth funds warm to active management - and China - to weather volatility, report shows

By Libby George and Marc Jones LONDON (Reuters) -The world's sovereign wealth funds are turning to active fund management and investments in China, while central banks are diversifying reserves to weather a volatile global environment, an Invesco survey of sovereign funds and central banks managing $27 trillion in assets showed. Still, the dollar reigns supreme, with the bulk of central banks

2025-07-14T09:33:06Z

Currency changeover in Bulgaria: the euro replaces the lev in January

In an interview with Euronews, Plamen Ralchev says: “The euro is a lifeboat that Bulgaria should board!" The scientist at the University of National and World Economics warns against right-wing populist parties exploiting the currency debate. View on euronews

2025-07-16T13:10:59Z

Bank with 3m customers gives urgent Bank of England alert to anyone with savings

Tesco Bank said a 'concerning' study found people are unaware they are losing money

2025-07-14T10:17:27Z

Asian shares are mostly higher after Trump says he discussed firing Fed Chair Powell

Asian shares are mostly higher after Trump says he discussed firing Fed Chair Powell - World shares are mostly higher while U.S. futures are mixed after President Donald Trump rocked Wall Street by saying he had “talked about the concept of firing” the head of the Federal Reserve

2025-07-17T09:22:33Z

Good news for savers as bank relaunches popular cash ISA account offering 'competitive' returns

Good news for savers a specialist bank has relaunched a popular fixed rate cash ISA product offering Britons a higher return for their cash for longer. The offer is valid from today; however, savers are warned it may not be around for long, so they should act fast Paragon Bank has relaunched its popular 15-month fixed rate cash ISA, offering savers...

2025-07-17T11:36:43Z

National Lottery winner who scooped up £10k PER MONTH reveals how she plans to treat her friends

A woman who has secured £10,000 every month for the next year after winning the National Lottery's Set For Life draw on Thursday night, revealed how she plans to treat her friends. The Berkshire winner, who has chosen to remain anonymous, has revealed her intentions to share her good fortune with loved ones through a shopping spree. Beyond treating...

2025-07-19T09:06:41Z

Vote in our Independent Money poll: How confident are you in investing?

Vote in our Independent Money poll: How confident are you in investing? - INDEPENDENT MONEY: Each week, we invite readers to share their views on the financial stories making headlines – and impacting your bank balance

2025-07-15T15:32:30Z

Why strong currency is the key to upward mobility

Change your social status and your life by saving money in strong currencies, says Dominic Frisby

2025-07-16T11:43:13Z

What tax rises could you face as government battles to fix the UK's finances?

Chancellor Rachel Reeves is having to consider a host of different ways to boost the Treasury's coffers - so just what are her options?

2025-07-19T13:43:42Z

DWP State Pension uplift could see people receive extra £657

The Triple Lock policy has been making headlines recently

2025-07-13T11:28:32Z

Birmingham council boss received £469k as authority went ‘bankrupt’

The former chief executive of Birmingham City Council received £469,000 during the year she quit the effectively bankrupt authority. Council accounts for the year 2023-2024 revealed that Deborah Cadman was given £130,194 as compensation “for loss of office” on top of a salary of £269,750 and pension contributions of £68,961. The accounts also showe...

2025-07-18T18:45:43Z

Gaza’s scarcity of cash fuels desperation, sparks unusual trade

The cash crisis, worsened by Israeli restrictions and Gaza’s financial collapse, has become yet another layer of hardship for civilians already under siege.

2025-07-11T15:53:43Z

Did money or politics cause Colbert cancellation? Either way, the economics are tough for TV

Did money or politics cause Colbert cancellation? Either way, the economics are tough for TV - CBS parent Paramount insists that this week's decision to cancel Steven Colbert's “Late Show” was strictly financial, and had nothing to do with politics

2025-07-18T21:42:22Z

Sharjah Islamic Bank reports 25% jump in H1 profit to Dh697.2 million in 2025

Dubai: Sharjah Islamic Bank (SIB) reported a net profit of Dh697.2 million for the first half of 2025, marking a 25% increase from Dh558.7 million in the same period last year, as the bank continues to benefit from robust financing growth and improved asset quality. The bank’s income from Islamic financing and sukuk investments grew by 6.4% year-on...

2025-07-15T10:29:29Z