Business

One small thing that can make the biggest difference to your family when you die

Most people who take out a life insurance policy do so for peace of mind, knowing their family will get a lump sum payout when they pass away. However, it could also provide a headache for grieving relatives, who can get caught out by unexpected tax bills and payout delays when they try to cash the policy in. Writing a policy into trust is one way ...

Norway announces significant increase in military aid to Ukraine

Espen Barth Eide, the Minister of Foreign Affairs of Norway, announced that Norway plans a "significant" increase in aid to Ukraine. The amount has yet to be determined and will be discussed in the near future, according to Le Monde. He noted that "it is about a significant increase, which is relevant compared to what we have done so far." Accordin...

The biggest mistakes to avoid with your holiday money this summer

Travel is expensive enough at the moment without adding to the costs with bad financial decisions over your holiday money. Yet we fall into the same old traps year after year. We take out too much cash and pay over the top for it. We use the wrong credit and debit cards and we get our sums wrong when we try to work out how much things really cost. ...

5 passive income ideas I’m already using

These five passive income ideas are already helping this writer earn money regularly without having to work for it. Here he explains why he likes them. The post 5 passive income ideas I’m already using appeared first on The Motley Fool UK.

£3,000 in savings? Here’s how I’d use that to start earning a monthly passive income

Our writer digs into the details of how spending a few thousand pounds on dividend shares now could help him set up long-term passive income streams. The post £3,000 in savings? Here’s how I’d use that to start earning a monthly passive income appeared first on The Motley Fool UK.

You shouldn't bank on an inheritance windfall: Many people discover they will get nothing, research discovers

Some 3.5million people have made financial plans to spend expected inherited family wealth, only to be disappointed, new research reveals.

Is there a market for a £360 replica football shirt? One luxury brand thinks so

It is nearly the end of the season but fashion has other plans: earlier this month Swedish luxury fashion label Acne Studios launched a £360 mock football shirt. Even though it makes Nike’s £124 England tops seem like a bargain, it is close to sold out. Acne calls it an “appliquéd logo-print striped mesh T-shirt”, but to all intents and purposes it is a football shirt. It features the name of the label where a sponsor would be; a little white...

The average salary you can expect in the UK based on your age (and how to get it)

Want a pay rise?

Google Wallet could make paying with your watch a pain now too

Using Google Wallet on Wear OS might make tap-to-pay a bit less handy with a new PIN requirement.

Trump lawyer Alina Habba fumes civil fraud hearing ‘wasted time and money’ after bond deal reached

Trump lawyer Alina Habba fumes civil fraud hearing ‘wasted time and money’ after bond deal reached - Alina Habba fumed that Letitia James thinks ‘our cash somehow isn’t green enough’ before she switched courtrooms and joined Donald Trump in criminal court for his hush money trial

Spotify swings to profit, paying subscribers rise

Music and podcast streaming giant Spotify reported Tuesday an increase in the number of paying subscribers and a rare but lower-than-expected operating profit for the first quarter. On Tuesday it said it expected an operating profit of 250 million euros in the second quarter of the year.

Asda grows profit as loyalty scheme drives supermarket sales

Asda grows profit as loyalty scheme drives supermarket sales - The UK’s third biggest supermarket chain said its underlying earnings rose by 24% to £1.1 billion over 2023.

I compared the most expensive VPN against the cheapest – here's what I found

I pitted one of the most expensive VPNs, ExpressVPN vs PureVPN, one of the cheapest, to see how different their apps are.

Pentagon set to send initial $1 billion in military aid to Ukraine once bill clears Senate and Biden

WASHINGTON (AP) — The Pentagon is poised to send an initial $1 billion package of military aid to Ukraine, U.S. officials said Tuesday as the Senate began debate on long-awaited legislation to fund the weapons Kyiv desperately needs to stall gains being made by Russian forces in the war. The decision comes after months of frustration, as bitterly divided members of Congress deadlocked over the funding, forcing House Speaker Mike Johnson to...

Watch: Sunak, Hunt, and Shapps arrive in Warsaw hours after Rwanda bill passes

Watch: Sunak, Hunt, and Shapps arrive in Warsaw hours after Rwanda bill passes -

Nine of the Biggest Regrets I See as a Financial Planner

Check out this list of common regrets among older people and see if there’s something you can address in your own life while there’s still time.

Top 6 US industries where you can earn the most money

Milei announces Argentina's first budget surplus in 16 years

Argentina's spending-slashing new President Javier Milei has hailed his country's first quarterly budget surplus since 2008 as an "historic achievement." This amounted to a surplus of 0.2 percent of GDP. "This is the first quarter with a financial surplus since 2008," said Milei, referring to his left-wing rival Cristina Kirchner's first year in the presidency.

Russia's Sberbank to make record $8 billion dividend payout

MOSCOW (Reuters) - Russia's largest lender, state-owned Sberbank will make a record annual dividend payout of 750 billion roubles ($8.04 billion) on its 2023 results, CEO German Gref said on Tuesday. Sberbank is majority-owned by the state and those dividends make a sizeable contribution to Russia's budget revenues, ultimately enabling the government to continue heavy spending, in particular on

Average petrol prices increase again as drivers feel pain at the pumps

Average petrol prices increase again as drivers feel pain at the pumps - The average price of a litre of diesel is also at the highest level since November 2023

How to keep your money safe – as criminals ramp up AI tactics to steal consumer data

Our financial lives are becoming more intricate and remote, demanding heightened vigilance.

Average net worth of Americans by age — see how you compare

Grocery price rises in Great Britain slow as cost of toilet rolls, butter and milk falls

Grocery price inflation in Great Britain has slowed to 3.2%, the lowest since November 2021, as the cost of toilet rolls, butter and milk fell and people spent more on store promotions. The decline in the four weeks to 14 April marked the 14th monthly drop in a row, and compares with an annual rate of 4.5% this time last month, according to the retail analysts Kantar. The slowdown in grocery inflation was aided by a big increase in promotional...

The UK pledges $620 million in new military aid for Ukraine

The UK pledges $620 million in new military aid for Ukraine - The U.K. has pledged an additional $620 million in new military supplies for Ukraine, including long-range missiles and four millions rounds of ammunition

Switzerland reveals amount of frozen Russian assets

As of December 31, 2023, the value of financial assets frozen due to sanctions against Russia amounted to CHF 5.8 billion (USD 6.4 billion). In addition, 17 real estate properties have been blocked, reports the government department responsible for compliance with sanctions (SECO). The latest data show that the value of frozen financial assets fell...

Oil rises 1% as dollar slips, focus shifts to economic data

By Shariq Khan NEW YORK (Reuters) -Oil prices rose a dollar a barrel on Tuesday as the U.S. dollar index fell to its lowest in over a week and as oil investors shifted focus away from geopolitical issues in the Middle East to the state of global economies. Brent crude futures rose $1.04, or 1.2%, to $88.04 a barrel by 12:37 p.m. ET (1637 GMT). U.S. West Texas Intermediate crude futures rose

UK limbers up for rate cut... and not before time, says ALEX BRUMMER

Andrew Bailey has had little to celebrate of late. He has suffered the slings and arrows of the barbed Bernanke report on Bank of England forecasting.

20 actors who have been in multiple billion-dollar movies

Few actors can say they have had a role in a billion-dollar movie, but these 20 can say that and more. Each of them has had a role in multiple billion-dollar movies.

Swiss report large drop in frozen Russian assets

ZURICH (Reuters) - Switzerland has frozen Russian assets worth 5.8 billion Swiss francs ($6.36 billion), the government said on Tuesday, a big drop that could intensify international pressure on the neutral country to do more to sanction Moscow over its invasion of Ukraine. The figure, which applies to assets frozen at the end of 2023, was down from the 7.5 billion francs in assets frozen at the

Spain approves plan to compensate victims of Catholic Church sex abuse. Church will be asked to pay

Spain approves plan to compensate victims of Catholic Church sex abuse. Church will be asked to pay - Spain has approved a plan aimed at making reparation and economic compensation for victims of sex abuse committed by people connected to the Catholic Church

I'm retiring after 40 years as a fund manager and this is what I've learnt: Richard Buxton on life as a professional investor

Since the early 1980s, Buxton has done his very best to make money for investors at a string of investment houses.

Could my mortgage cost me more than I make from house price rises?

With the help of data from Finder, we crunch the numbers on predicted mortgage costs and house price rises in the coming decades. Will homeowners still be better off?

UK's Sunak to announce uplift in military support for Ukraine

LONDON (Reuters) - British Prime Minister Rishi Sunak will announce a 500 million pound ($617 million) uplift in military support for Ukraine on a visit to Poland on Tuesday, warning that Russia must be defeated to prevent its troops from pressing further into Europe. Sunak's visit to Poland to meet Prime Minister Donald Tusk is his first international trip for months and is aimed at showing his

Women reveal why they chose financial security over love

Women reveal why they chose financial security over love - ‘Don’t ever let a man or anyone limit your freedom,’ one person wrote

‘Can I afford to semi-retire – and spend winters abroad?’

Would you like a Telegraph Money Makeover? Apply here or through the form at the bottom of the page Charlie Burrows, 47, and wife Anna have lived in Cambridge happily for the past 16 years, but increasingly they find themselves dreaming of a life in the sun. “I was born in Australia. My family moved over there in the 1960s, so it’s somewhere I have...

The median wealth per adult in European countries (Spain does not fare badly)

On this map, we can see how much personal wealth the average European adult has. Wealth is shown in US Dollars and includes both financial and non-financial wealth. Non-financial wealth mostly consists of land and real estate. The reason this map shows the median and not the average is that an average is usually skewed by the extremely wealthy. This results is an amount that is far higher than the wealth of most adults. In the case of the...

‘I’m 31, earn £60k and buy 1,000 tea bags every other month. This is how I spend my money’

Email [email protected] if you would like to take part in How I Spend My Money. All our subjects are genuine but anonymous. I was born in a very sleepy town. Growing up I knew we weren’t well off, but we never went without. I never thought of myself as coming from a working class family until I went to university, and realised that my parents i...

Why you shouldn’t take money from your parents to buy a house

The extent to which young adults’ families now step in to help them access homeownership was initially a consequence of house price inflation. Now it is also likely a cause of it.

What you need to know to reduce your car insurance

Car insurance premiums are on the rise but it’s still possible to get a good deal if you follow these tips.

Cash for clutter: how to make money from what’s in the attic

One person’s rubbish is another person’s treasure, as they say, so you could make a chunk of cash by selling unwanted items cluttering your attic and cupboards. Coins, retro toys and games, old tech, books and magazines can all be sold, with some items possibly worth a lot more than you may think. Dig out old toys Toys don’t have to be 50 or 100 years old to be worth money. For example, Beanie Babies became a big collectible in the 1990s, and...

Tuesday evening news briefing: Sunak unveils biggest military spending increase in a generation

Good evening. The Prime Minister has unveiled the biggest uplift to military spending in a generation, which will add £23 billion to the military budget over the next six years. Elsewhere, the French Navy allowed a dinghy packed with migrants to continue across the Channel to Britain despite the deaths of five people, including a seven-year-old gir...

How much money do people your age usually save? See how you compare

How much are people saving each year, and how does that change depending on what stage of life they are in? A new study looked at how our emergency funds change over our lifetimes.

First-time buyers guide: starter flats from 350k to 400k in buzzy postcodes that won't break the bank

First-time buyers guide: starter flats from 350k to 400k in buzzy postcodes that won't break the bank - Finally in a position to enter the market? Your guide to the London hotspots that first-time buyers need to know

8 dazzling gold and silver treasures

Here are 10 stunning gold and silver treasures, dating from millennia to centuries ago

Criminals and oligarchs in EU’s sights with new bill targeting football fraud

Not for the first time in the history of the European parliament, it all started in Belgium. An investigation into alleged bribery, money-laundering, forged transfer contracts and the involvement of organised crime at the highest levels of professional football that began in 2018 eventually implicated almost 60 agents, administrators, referees and coaches. Known as Operation Clean Hands, the level of alleged corruption it uncovered not only led...

When it comes to hotels, this is what makes a perfect 10

It is my life’s mission to quote from Frasier as much as can be justified. There is a glorious line I have used more times than it has been repeated on TV: “What is the one thing better than an exquisite meal? An exquisite meal with one tiny flaw we can pick at all night!” In the show, the flaw cited is the lack of “even one outstanding cognac on t...

Donald Trump set for another $1.25bn Truth Social windfall

Donald Trump set for another $1.25bn Truth Social windfall - The former president’s majority stake in parent company Trump Media could result in a billion-dollar bonus on Tuesday

FTSE 100 closes at record high as firms given boost by tumbling value of pound against US dollar

FTSE 100 closes at record high as firms given boost by tumbling value of pound against US dollar - As the pound fell to its lowest point against the dollar for around five months, dropping to 0.2 per cent to $1.23, the blue-chip index leapt

Measuring the True Cost of Trump Tax Cuts

Natasha Sarin, professor at Yale Law School, is the co-founder of The Budget Lab, which analyzes federal policy proposals for the American economy. She says that a full extension of the Tax Cuts and Jobs Act would cost the economy hundreds of billions of dollars over the next few decades.

Is Aviva’s share price a bargain now it’s trading well below £5?

Aviva’s share price has slumped to well below £5, but even before that it looked a bargain to me, with strong company growth and a high dividend. The post Is Aviva’s share price a bargain now it’s trading well below £5? appeared first on The Motley Fool UK.