Money

Britain to suffer biggest exodus of millionaires in the world

Britain is set to suffer the biggest exodus of millionaires in the world ahead of the Government’s planned raid on non-doms, analysis has found. The share of the population who are millionaires is expected to plunge by 20pc over the course of this Parliament, from 4.55pc now to 3.62pc over the next five years, according to an Adam Smith Institute a...

UK provides Ukraine with approximately $4.5 billion for arms procurement

The United Kingdom has provided Ukraine with £3.5 billion (approximately $4.5 billion) for the procurement of modern military equipment from British manufacturers, according the UK government website. The country’s trade mission, which included representatives from the Ministry of Defense, the Department for Business and Trade, and the defense trad...

How to visit Las Vegas on a budget: the 11 things to watch out for

With budget airline Norse Atlantic launching its new London to Las Vegas route, it’s become cheaper than ever to visit Sin City – with return prices starting from £299. But while cheap flights are always welcome – at least for those of us prepared to slum it a bit in the sky – Las Vegas isn’t exactly the ideal break for those on a tight budget. Whi...

20 celebrities who have made bank as business owners

Being famous doesn't always mean you're rich, but these 20 celebrities are both. And they didn't just earn money from their talent. They're also very successful business owners.

Retail titans urge Chancellor to cut business rates by a fifth

More than 70 high street bosses called on the Rachel reeves to cut retail property taxes amid fears of shop closures.

F1 agrees stunning $1billion deal and big change to future podiums

F1 agrees stunning $1billion deal and big change to future podiums - The sport’s changing demographic and growth in America has seen LVMH agree a deal with F1

Pound drops while oil prices soar in choppy day for global markets

Pound drops while oil prices soar in choppy day for global markets - Banks and oil giants were helping lift the FTSE 100 on Monday, which moved up 22.99 points, or 0.28%, to close at 8,303.62.

Up 40%, can the Lloyds share price keep rising?

Although the Lloyds share price has soared 40% in a year, this writer thinks it still looks potentially cheap. So, is he ready to buy? The post Up 40%, can the Lloyds share price keep rising? appeared first on The Motley Fool UK.

3 steps to turn a £20k ISA into a £5,418 yearly second income

With these three steps, out writer reckons he could earn a second income of over £5,000 annually in future by investing a £20k ISA now. The post 3 steps to turn a £20k ISA into a £5,418 yearly second income appeared first on The Motley Fool UK.

How to avoid paying tax on your savings

Nothing is worse than an unexpected tax bill. For thousands of savers, the rise in interest rates over the past couple of years means they are at risk of being charged on their returns – a problem few have had to worry about for years. With savings rates now on the way down, learning how to protect your savings from tax has never been more importan...

‘I’m 66, divorced and enjoy the finer things – how can I boost my £220k pension?’

Recently divorced Jacqueline Beaumont is primed for a £220,000 pension settlement. What to do with the six-figure sum, however, is proving hard to nail down. The 66-year-old, who has aspirations of travelling in her retirement, is vying for short-term returns that can uphold her standard of living. With a state pension worth around £11,500 a year a...

Riches vs Wealth: A Cautionary Tale From 'The Hobbit'

The story of dwarven king Thorin Oakenshield in J.R.R. Tolkien's classic novel perfectly illustrates how the relentless pursuit of wealth can undermine the fulfilling experience of true riches.

5.6% dividend yield forecast! 1 UK share I’d buy in October and hold for 10+ years

This little-known biotech group has hiked its dividend yield for 10 years in a row, and forecasts suggest this trend will continue through 2026! The post 5.6% dividend yield forecast! 1 UK share I’d buy in October and hold for 10+ years appeared first on The Motley Fool UK.

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...

Struggling with numbers was the first warning sign of my brother’s dementia

How to care for a money tree — 7 tips for thriving indoor plants

The experts share top advice on how to care for a money tree, including practical tips for watering, soil type, and pest control

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.

Sterling drops versus euro and dollar, geopolitics in focus

By Stefano Rebaudo (Reuters) - Sterling dropped versus the euro and the dollar on Monday, with geopolitical risks and central banks' monetary policy path still in focus. The pound recorded its biggest daily fall last week since April after Bank of England Governor Andrew Bailey was quoted as saying the central bank might move more aggressively to lower borrowing costs. Analysts said Bailey's

As Warren Buffett turns 94, here are 3 great pieces of his investing wisdom

As the Sage of Omaha celebrates his 94th birthday, our writer explains a trio of investing principles he uses himself, inspired by Warren Buffett. The post As Warren Buffett turns 94, here are 3 great pieces of his investing wisdom appeared first on The Motley Fool UK.

Money won’t make you happy but your personality will, study finds

Money and other life circumstances are far less important to life satisfaction than personality is, according to a new study. In one of the most comprehensive studies on the topic, experts found that 80 per cent of the differences in people’s general life satisfaction could be traced back to their personalities, while individual life circumstances ...

This is the average amount of money people have saved by their 30s

See how you compare.

Banksy’s vest is the hot commodity, rescue dogs are ‘common’ — this week's Barometer

Banksy’s vest is the hot commodity, rescue dogs are ‘common’ — this week's Barometer - What’s hot... and what’s not — keep up with Joe Bromley’s weekly barometer

First-time buyers pay extra £9.5k as house prices soar towards record high

Cheaper interest rates are helping more home buyers but affordability still stretched for many

US spends a record $17.9 billion on military aid to Israel since last Oct. 7

WASHINGTON (AP) — The United States has spent a record of at least $17.9 billion on military aid to Israel since the war in Gaza began and led to escalating conflict around the Middle East, according to a report for Brown University's Costs of War project, released Monday on the anniversary of Hamas’ attacks on Israel. An additional $4.86 billion has gone into stepped-up U.S. military operations in the region since the Oct. 7, 2023, attacks,...

Taylor Swift surpasses Rihanna as world’s richest female musician

Pop superstar Taylor Swift surpasses Rihanna and is also reportedly the second richest musician in the world after Jay-Z. View on euronews

Shell’s share price still looks packed with value to me, despite its recent bounce

Shell’s share price has followed oil higher recently, but it still looks very undervalued to me, supported by a more gradual energy transition strategy. The post Shell’s share price still looks packed with value to me, despite its recent bounce appeared first on The Motley Fool UK.

Norway confirms floating wind subsidy cap of $3.3 billion

OSLO (Reuters) - The Norwegian government proposed on Monday to offer up to 35 billion Norwegian crowns ($3.29 billion) in subsidy payments in the country's first commercial floating wind power tender, in line with a compromise reached earlier this year. "Norway has enormous potential for floating offshore wind on its continental shelf, but because the technology is still immature and expensive,

London City Airport reports £6.6m profit, marking a return to pre-pandemic financial health

The hub has reported a pre-tax profit of £6.6m for 2023, according to newly-filed accounts with Companies House, having made a loss of £1.1m in the prior 12 months

50 Years Ago, Women Won Equal Access to Credit

Until U.S. women won equal access to credit, they often couldn't buy a home or own a credit card without a male cosigner.

Edmunds: The five biggest mistakes people make when buying a new car

Edmunds: The five biggest mistakes people make when buying a new car - Car-buying mistakes are easy to make, especially if you’re in a hurry or have fallen in love with a particular vehicle

'They're Defined By What They Provide': Therapists Reveal Three Things Rich People Struggle With

Rich people, often perceived as living in a world of opulence and privilege, contend with a multitude of challenges that remain largely overlooked by society. Despite their wealth, these individuals face complex emotional and psychological struggles that are frequently dismissed or minimized. Clinical physiotherapist Paul Hokemeyer, specializing in...

I put £750 a month in a pension for my son - how does tax relief work? STEVE WEBB replies

I am a higher rate tax payer. Can the additional tax relief be claimed or is it calculated at the basic rate which is my son's rate of tax?

11 things which cost less than £1 in 1994 – and how much they are now

10 highest-paying side hustles and how much they can earn you

How much money are kids earning from lucrative side hustles?

How much money are kids earning from lucrative side hustles? - New research reveals how budding young entrepreneurs are being ‘smarter than ever’ with money.

Deadline to boost state pension entitlement is less than six months away

People have until April 5 2025 to maximise their state pension by making voluntary contributions to fill gaps in their NI record going back to 2006.

How to avoid paying too much tax on your pensions

No-one wants to pay more tax than they need to at any stage of life, but it’s particularly important to avoid paying too much tax on your pension when drawing down on your savings. The key to reducing how much tax you pay is by looking at the order in which you take your pension and other savings. In fact, prioritising which savings you use up firs...

Norway to raise wealth fund spending to $43 billion in 2025

OSLO (Reuters) - Norway's minority government said on Monday it plans to raise spending in 2025 from the country's $1.8 trillion sovereign wealth fund to pay for public expenses, with elections for parliament due in September of next year. The government of Labour and the Centre Party proposed withdrawing 460.1 billion Norwegian crowns ($43.1 billion) from the fund in 2025, up from a revised

Budget 2024 preview: What Labour’s first statement could contain as Rachel Reeves eyes potential tax rises

Budget 2024 preview: What Labour’s first statement could contain as Rachel Reeves eyes potential tax rises - Many experts expect tax rises to be on the cards

From loss to profit: Ticketmaster UK's financial turnaround pre-Oasis reunion tour

The UK operation of Ticketmaster has swung back into the black after the business helped to ticket Oasis' reunion tour earlier this year

New analysis suggests national debt could increase under Harris, but it would surge under Trump

New analysis suggests national debt could increase under Harris, but it would surge under Trump - No one is likely to be happy with the projected higher deficits laid out in a new analysis of Kamala Harris’ and Donald Trump’s economic plans

With a spare £300, here are 2 top dividend shares I’m thinking of buying now

Jon Smith runs through a couple of dividend shares that have yields above 5% and share price gains of at least 11% over the past year. The post With a spare £300, here are 2 top dividend shares I’m thinking of buying now appeared first on The Motley Fool UK.

Adani Group in talks to buy Heidelberg's Indian cement operations, paper says

BENGALURU (Reuters) -The Adani Group is in talks to buy the Indian cement operations of Germany's Heidelberg Materials in a deal that could be worth about $1.2 billion, the Economic Times newspaper said on Monday, citing people familiar with the matter. Led by billionaire Gautam Adani, the group entered India's cement industry in 2022 by buying Holcim's local units and has made a string of

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.

T-shirts that last and the world’s best jeans: 50 autumn wardrobe updates under £100 (some are even free)

Putting this together has been a joy. I love a bargain. I love a styling trick that makes old clothes feel new. I love finding something that looks expensive but isn’t. And I delight in sharing those finds with other style lovers. Almost everything is under £100. Now, £100 is a lot of money. But the point of this list is not to give you the cheapest possible option in any category because a list of shoddily constructed, unethically produced buys...

How I’d use £10 per day to build up to a second income worth £33 a day

Our writer outlines the strategy he'd use to build a second income worth £12,000 per year by investing in FTSE stocks that pay dividends. The post How I’d use £10 per day to build up to a second income worth £33 a day appeared first on The Motley Fool UK.

Where will your tips go now - and what is a tronc? The new tipping law's winners and losers

Legislation that came into force last week will mean that all tips will need to be given to employees monthly, but what will this mean in practice?

Direct debit vs standing order: What’s the difference?

With modern-day life becoming increasingly cashless, everything from your household bills and TV streaming to charity payments can be made via an automated payment straight from your bank account, with direct debits and standing orders being the most common. According to GoCardless, an automated payment service, 90pc of British adults have at least...

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

Average UK savings by age revealed – see how you compare