Money

Want to Move to Italy? What to Consider Financially

Once you've decided that you and Italy are compatible, you'll want to work out your tax planning, investments, retirement accounts and benefits.

Latest money news: Martin Lewis issues warning to UK households

Why the price of your cup of coffee is set to rise

Why the price of your cup of coffee is set to rise - Price of coffee beans have surged by roughly 40 per cent this year

Martin Lewis urges people with £4,000 sat in savings account to act

The BBC Sounds and ITV star will be delving into Lifetime ISAs - which allow you to stash away £4k of savings each year - during his latest podcast episode, he has said.

Urban councils outside London warn Angela Rayner of financial failure

Urban councils outside London warn Angela Rayner of financial failure - In a letter to the Deputy Prime Minister ahead of Labour’s autumn conference, cities including Liverpool, Manchester and Nottingham call for clarity.

No change in inflation ahead of interest rate decision but another measure ticks unexpectedly up

There's been no change in the rate of price rises, official inflation figures showed.

‘We earn £10k a month and share it all – but our relationship is like a pressure cooker’

You may share a home, a child and your whole life with a partner – but do you share your money with them too? Finances can be a minefield, even in the strongest relationships. A survey by Aqua, a credit card firm, found that 35pc of UK couples feel financial strain has affected their relationship, with 31pc admitting it’s a regular source of argume...

British Gas is handing customers a free £150 payment for winter

British Gas is giving eligible customers the extra cash through the government's Warm Home Discount scheme, it has confirmed.

Oil prices fall on mixed storage report ahead of Fed decision

By Laila Kearney NEW YORK (Reuters) - Oil prices fell on Wednesday as the market cautiously awaited a rate cut announcement from the Federal Reserve, while investors digested a mixed crude and fuel storage report out of the United States. Brent crude futures for November lost 55 cents, or 0.8%, at $73.15 a barrel at 11:58 a.m. EDT (1558 GMT). U.S. crude futures for October shed 53 cents, or 0.7%

How can I talk to my partner about money without an argument?

How can I talk to my partner about money without an argument? - Relationship and family therapist, Deborah Hill, helps tackle the issue.

Millions of savers will be caught in the interest tax net this year

Many more savers will be forced to pay savings tax as interest rates have risen and people hit their tax-free limit.

Rise in chocolate prices could spook shoppers this Halloween

Shoppers may face a choccy horror show this Halloween after the price of chocolate shot up 11% in the past year – far outstripping increases for other foods across UK supermarkets. Britons opening their doors to trick-or-treaters could decide to cut back on spending for 31 October, as the cost of chocolate rose sharply in the year to the end of August, way above wider grocery inflation of 2.7% over the same period, according to research by the...

Billionaire Warren Buffett’s 5 top tips for making your fortune

Dollar drops as Fed cuts rates by half a percentage point

(Corrects to yuan strengthened versus dollar instead of yuan down in paragraph 8) By Karen Brettell and Chibuike Oguh NEW YORK (Reuters) -The dollar dropped after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater confidence that inflation will continue to recede to the U.S. central bank's 2% annual target. The Fed cut the overnight rate to the 4.75%-

With inflation staying at 2.2%, will Bank of England cut interest rates this week?

For a second month running, inflation has fallen short of the Bank of England’s expectations. After beginning the process of cutting interest rates last month, the big question is whether Threadneedle Street could cut again on Thursday. There is little doubt inflation has returned to more manageable levels, having dropped from a peak of 11.1% less than two years ago, the highest since the 1980s. With the consumer prices index at 2.2% in August,...

Powell Says the Fed Can Move as Fast or as Slow as Needed

Federal Reserve Chair Jerome Powell says the Fed can go quicker, slower or pause if appropriate during a news conference following the Federal Open Market Committee's decision to lower the federal funds rate to a range of 4.75% to 5%.

Two million savers to be hit with shock tax bills

The number of people paying tax on their savings is to double in just two years, official figures show. More than 2 million savers are expected to be hit with a tax bill in the 2024-25 tax year, up from 1.17 million in 2022-23, according to HM Revenue & Customs data. For higher and additional rate taxpayers, the combined total will rise from 630,00...

How to stop Labour from taking your pension tax-free lump sum

Pension savers are on alert after Labour warned that “tough decisions” will have to be made in next month’s Budget. Chancellor Rachel Reeves has already stripped the winter fuel allowance from millions of retirees, and frozen tax thresholds will drag more pensioners into paying “retirement tax”. However, the Institute for Fiscal Studies (IFS) has a...

Down 44% in 5 years, is there still value in the easyJet share price?

Airlines have had a tough time in the last few years, but this Fool is curious whether there’s an opportunity with the easyJet share price. The post Down 44% in 5 years, is there still value in the easyJet share price? appeared first on The Motley Fool UK.

Nationwide customers with at least £100 in savings account sent message

Experts say customers at major banks are missing out on easy money

How to Make a Charitable Plan That Won't Break Your Bank

Giving back is great … if you have a plan that's as sustainable and smart as it is generous. Here are five tips for giving wisely.

Exclusive-Commerzbank poised to put CFO Orlopp in charge of talks with UniCredit, sources say

By John O'Donnell and Tom Sims FRANKFURT (Reuters) -Commerzbank is poised to put CFO Bettina Orlopp in charge of talks with UniCredit when the German bank's supervisory board meets next week, two people with knowledge of the matter said. UniCredit bought a 9% stake in the German lender, expressing interest in a merger of the two. The decision on Orlopp could come as early as Tuesday, when

Let's Buy a Car! | Teacher Resources | Financial Literacy | Khan Academy

Meet Wally. He wants to buy a car! Unfortunately, Wally is the most gullible man alive, and he'll fall for every trick in the car dealer's book. Follow along, so you don't follow his example! Courses on Khan Academy are always 100% free. Start practicing—and saving your progress—now! https://www.khanacademy.org/college-careers-more/financial-literacy/xa6995ea67a8e9fdd:teacher-resources/xa6995ea67a8e9fdd:about-this-unit-investments-and-retirement/v/the-case-of-the-early-bird Khan Academy is a nonprofit organization with the mission of providing a free, world-class education for anyone, anywhere. We offer quizzes, questions, instructional videos, and articles on a range of academic subjects, including math, biology, chemistry, physics, history, economics, finance, grammar, preschool learning, and more. We provide teachers with tools and data so they can help their students develop the skills, habits, and mindsets for success in school and beyond. Khan Academy has been translated into dozens of languages, and 15 million people around the globe learn on Khan Academy every month. As a 501(c)(3) nonprofit organization, we would love your help! Donate or volunteer today! Donate here: https://www.khanacademy.org/donate?utm_source=youtube&utm_medium=desc Volunteer here: https://www.khanacademy.org/contribute?utm_source=youtube&utm_medium=desc All music and sound effects are either Creative Commons 0 or own work.

Do you live 'for now' or prioritise the future? Why having money doesn't necessarily mean you can afford to spend it

There are times when the answer is very clear - if you don't have enough money in the bank to pay for something, you can't afford it.

Can your children help cut your tax bill? HEATHER ROGERS explains

Can you use your minor children's personal allowance and pass some income on to them? What about giving them shares in a family business? Our tax expert explains.

Energy giants including British Gas and EOn launch tariffs that UNDERCUT October's price cap

British Gas, EOn Next and Outfox The Market have unveiled deals which, on an annual basis, fall below £1,717, Uswitch says.

Top 6 US industries where you can earn the most money

Gen Z men and women spend their money and free time differently, report shows

Gen Z men and women spend their money and free time differently, report shows - New report shows that Gen Z men and women have differences in spending habits and leisure activities

Four Myths That Hold Women Back From Financial Success

The financial challenges women face (the gender pay gap, for example) can be compounded by misconceptions. Here’s what to watch for and how to compensate.

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...

Here’s how much you could be saving each month, based on your salary

UK interest rates: Bank of England set to reveal next decision

UK interest rates: Bank of England set to reveal next decision - Economists expect Monetary Policy Committee to keep rates on hold

Why the coins in your pocket make you a Roman

“This is two thousand years old,” my father reminded me as he placed the small silver disc in the palm of my hand. It was still gleaming, cool to the touch, no bigger than a penny. My young mind could not possibly comprehend such an expanse of time. This coin was older than both world wars, older than Shakespeare, and had already existed for a mill...

There is a huge difference between my partner’s financial situation and mine. How can this be bridged?

I’m struggling with my relationship because there is a huge difference between my partner’s financial situation and mine. We’re both in our 50s, have been together for nearly three years and live apart. He – never married, no kids, great job – is very financially secure and has lots of spare money. I, however, as an older single parent, freelancing, some health problems, post-divorce and in a difficult economy, am absolutely skint! To the extent...

Octopus is handing energy customers a share of £500,000 payments

Octopus has its Octoplus Free Electricity Sessions for smart meter users and the energy supplier says it saw nearly 750,000 participants take advantage.

How to get a £100k job in the City – as a ‘superstar’ without a degree

With its ever-expanding cluster of skyscrapers, the City of London is a bubble home to high-flying firms where the average salary tops £100,000. More than 600,000 workers – albeit with many mixing being in the office and working from home – are crammed into 1.2 square miles of the capital. While most job sectors have experienced real-terms pay cuts...

Mental Health and Money Problems: How to Take Care of Both

Are your finances causing depression and anxiety? Experts share how you can take care of both your mental health and money problems.

Average UK annual salary by age revealed – see how you compare

Life begins at 40.

Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight

WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for American consumers. The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown clear signs of slowing. Coming just weeks before the...

DWP issues warning to anyone claiming PIP

Unexpected bills and rising grocery prices could cause big headaches.

What is pension credit, and how do you claim it?

As one of the first moves of her premiership Chancellor Rachel Reeves announced that only households with someone over state pension age (66) and in receipt of pension credit will now be eligible for the Winter Fuel Payment. In 2023-24, the payments could be claimed by those born before 25 September 1957, worth between £250 and £600 to help you pay...

The financial impact of returning to work in later life – should you 'unretire'?

Many people return to the workplace after retirement age, but what could it mean for your finances?

What is considered a good salary? European capitals compared

A good salary can vary widely depending on an individual's profession, education, and personal expectations. Euronews Business takes a closer look at what constitutes a good salary across major European capitals. View on euronews

Hungary refuses to pay fines for breaking EU asylum rules. Brussels is taking the money anyway.

Hungary refuses to pay fines for breaking EU asylum rules. Brussels is taking the money anyway. - The European Union has begun the process of clawing back hundreds of millions of euros in funds meant to go Hungary

The world’s most exclusive bank accounts – and how to get one

Private banks offer the full red carpet treatment to wealthy individuals looking to receive an elite level of customer service – but, with strict eligibility requirements, they’re out of reach for the majority of customers. “More often than not, someone with wealth first looks for an ‘exclusive’ bank when they have just been waiting on the end of t...

How to sell your buy-to-let property in 2024 – and pay less tax

Investors are fleeing the rental market following successive Government rule changes reducing profits, with worse possibly yet to come amid fears of capital gains being targeted in Labour’s forthcoming Budget, as well as the Renters’ Rights Bill which could make it more difficult to evict tenants. The number of buy-to-let properties for sale in Lon...

How Much Cash Should You Travel With?

Ever wonder how much money you should take with you when you travel? Here is what we do. Join this channel to get access to perks: https://www.youtube.com/channel/UCFr3sz2t3bDp6Cux08B93KQ/join #travel #budgettravel #travelsafety Copyright Mark Wolters 2023 Learn how to plan your travels like we do with our Travel Planning 101 Course: https://www.brighttrip.com/woltersworld Grab some Wolters World travel gear http://www.woltersworld.store Help Us Keep Make More Honest Travel Videos: https://www.patreon.com/woltersworld Hey There Fellow Travelers! Thank you for watching our honest travel vlogs from all over this wonderful world. If you would like to get in contact with us please follow us & send us a message via our social media channels below. Also, if you like our travel videos please feel free to share them with other fellow travelers. You can find us all over the internet: Travel Advice & Destinations: https://www.youtube.com/woltersworld Food Travel Videos: https://www.youtube.com/woltersworldeats Travel Tips: https://www.youtube.com/woltersworldshorts Business Education: https://www.youtube.com/professorwolters Tiktok: https://www.tiktok.com/@woltersworld Instagram: https://www.instagram.com/woltersworld Jocelyn's Instagram: https://www.instagram.com/jocelynwoltersworld Facebook: https://www.facebook.com/woltersworld Twitter: https://www.twitter.com/woltersworld Linkedin: https://www.linkedin.com/company/wolters-world-travel-culture/

Here’s how I’d create a second income worth over £20k annually

A second income is a very real prospect, according to our writer. She explains how dividend investing could be the key to help achieve this. The post Here’s how I’d create a second income worth over £20k annually appeared first on The Motley Fool UK.

I spent £50 on hair clips and now have a six-figure business

Don’t be a perfectionist, just take action, and you will learn as you go along.

PZ Cussons swings to a loss after Nigerian naira devaluation

PZ Cussons swings to a loss after Nigerian naira devaluation - The Carex soap maker said the devaluation had ‘significant implications on our reported financials’.