Money

Voices: The bottom line? Britain simply can’t afford to impose a wealth tax

The bottom line? Britain simply can’t afford to impose a wealth tax - COMMENT: As battle lines are drawn within Labour over taxing the super-rich, Chris Blackhurst says that the government must resist Lord Kinnock's siren call to take a 2 per cent slice of asset values above £10 million – because the country's economic prosperity depends on it

New scheme launches to pay Londoners up to £15k to rent out spare bedrooms

New scheme launches to pay Londoners up to £15k to rent out spare bedrooms - Fintech company Moovable looks to monetise the capital’s millions of unused bedrooms

£10,000 invested in Scottish Mortgage shares 3 years ago is now worth…

Scottish Mortgage shares reflect the value of their holdings, and over the past three years the trust has performed rather well. Dr James Fox explains. The post £10,000 invested in Scottish Mortgage shares 3 years ago is now worth… appeared first on The Motley Fool UK.

Average amount Americans have in savings, according to their age

UAE Central Bank Zayed and Rashid Coins: How to buy and what they cost

Dubai: The Central Bank of the UAE (CBUAE) has issued limited-edition commemorative coins in gold and silver to mark the legacy of the country’s founding leaders. Released under the 'Zayed and Rashid' campaign, these coins honour the late Sheikh Zayed bin Sultan Al Nahyan and Sheikh Rashid bin Saeed Al Maktoum, recognising their vital roles in esta...

Should you get a Lifetime ISA? Here are two key issues to consider

A lot has been reported on possible changes to ISAs in future recently.

Financial firms expect job cuts to rise rapidly in months ahead, survey finds

Financial firms expect job cuts to rise rapidly in months ahead, survey finds - Banks led the downturn with output dropping sharply over the latest quarter.

Labour claims major reforms could boost some pensions by £29000 after rule change

The new government bill will consolidate small pension pots, create larger schemes and ensure they're good value for money

30 problems only the super-rich suffer from

Having huge amounts of money can actually lead to a bewildering number of problems. Research has shown that people don't actually feel any happier after they earn over a certain amount of money. Here's why...

12 Places Where Cash Is Still King—And 8 Where Digital Payments Rule

12 Places Where Cash Is Still King—And 8 Where Digital Payments Rule

Why money matters more than ever in modern relationships

Dubai: From who pays on the first date to managing joint savings, money is shaping relationships like never before — and yet, it remains one of the last things couples want to talk about. In a recent study by HSBC UK, 75% of people said financial compatibility is crucial to relationship success, yet many are still hesitant to have the conversation....

Indian rupee drops against dirham to best level for UAE NRIs since June 23

Dubai: The Indian rupee is going through a sudden drop against the dirham, currently at 23.40 and a level that was last seen between June 21-23. As for Indian expats in the UAE and Gulf, this is the best break they have had after rupee-dirham levels stuck to 23.11-23.13 exchange levels when it came to sending money home. The rupee had started the d...

5 Countries Where Cryptocurrency is Legal Tender

5 Countries Where Cryptocurrency is Legal Tender

UAE ranks third globally in sovereign wealth assets, right behind US, China

Dubai: The UAE now ranks third globally in terms of total sovereign wealth and public pension assets, according to the Global SWF mid-year report for 2025. The UAE holds a combined $2.49 trillion (Dh9.17 trillion) in sovereign-owned investor (SOI) assets, making it the largest holder in the Middle East and third worldwide — behind only the United S...

£10k to invest? Here’s a hot dividend share that could deliver a £2,653 passive income over just 3 years

Searching for the best passive income stocks to buy? Here's a high-yielding FTSE 250 dividend share I'm considering for my portfolio. The post £10k to invest? Here’s a hot dividend share that could deliver a £2,653 passive income over just 3 years appeared first on The Motley Fool UK.

Premium Bonds winners: Who won July’s £1 million jackpot?

NS&I has announced some details about the winners in July’s Premium Bonds prize draw. Who won the jackpot, and how can you find out if you got lucky this month?

What happens to your pension when you die?

What happens to your pension savings when you die depends on several factors, including whether you've reached retirement age, the type of pension you have, your marital status and the beneficiaries you have nominated. Strap in, this is quite complicated... but here's what you need to know…

Gold has never been more expensive – is your investment worth it?

Investors are piling into gold as market volatility drives the price higher. They may, however, be overpaying. New analysis shows the precious metal has never been so expensive. Unlike other investments, gold produces no income, and its industrial uses are limited, which makes it difficult to assess its “fair value”. But Russ Mould, of stockbroker ...

Spain's Zelestra gains an extra $280 million in financing for renewable energy projects

MADRID (Reuters) -Spain's Zelestra has secured a 235 million euro ($277 million) increase to an existing loan scheme which will help it develop renewable energy projects in Europe, the U.S and elsewhere, Chief Executive Leo Moreno told Reuters. Owned by Swedish investment firm EQT and previously known as Solarpack, Zelestra has been expanding beyond solar power to wind energy and storage assets.

Emma Raducanu set to lose nearly half of her £152,000 Wimbledon winnings

Emma Raducanu was beaten by Aryna Sabalenka in the third round of Wimbledon and will be left with less than half of her prize money after a hefty tax bill.

HDB Financial shares climb in debut after $1.5 billion India IPO

Shadow Lender HDB Set to Debut After Biggest Indian IPO of 2025

Confidence in handling personal finances has boomed over the last year - here's why

A new study has found that Brits' financial confidence has boomed over the last year, with many feeling more assured when it comes to handling all areas of their finances.

Business news live: Pound and bonds recovering after Reeves gets backing, NS&I issue new Junior ISA rate

Business news live: Pound and bonds recovering after Reeves gets backing, NS&I issue new Junior ISA rate - Stock markets updates and business news from Thursday

At 53, I've never had any savings

I thought it was normal to live paycheck to paycheck.

Labour opens door to wealth tax

Downing Street has opened the door to introducing a new wealth tax following pressure from Labour’s union paymasters. No 10 repeatedly refused to rule out a new levy on wealthy taxpayers after Lord Kinnock, the former Labour leader, said the party was “willing to explore” it. In a briefing with journalists on Monday, the Prime Minister’s spokesman ...

Reboot for equity culture: Only UK-focused funds should qualify for tax relief, says ALEX BRUMMER

If Reeves had fiscal space, she could improve the competitive position of the City and strengthen equity culture by abolishing stamp duty on share trading.

EU looks to 'nature credits' to fill green funding gap

By Kate Abnett BRUSSELS (Reuters) -The European Union will develop rules for "nature credits" that pay farmers and foresters to take care of ecosystems, in an attempt to make this work more economically beneficial, the European Commission said on Monday. The EU is hunting for ways to increase funding for protecting the environment, without further straining public budgets stretched thin by other

Sterling steadies after selloff, fiscal worries prevail

By Johann M Cherian (Reuters) -Sterling edged higher on Thursday, stabilising after fiscal concerns and uncertainty about Rachel Reeves' future as Britain's finance minister sparked a selloff across UK assets in the previous session. Markets had been monitoring developments around a welfare bill in parliament where divisions within the Labour party forced Prime Minister Keir Starmer to back down

See how much an investor needs in a SIPP to earn passive income of £777 a month

Harvey Jones is building retirement wealth in a Self-Invested Personal Pension. How much does he need to fund a generous passive income? The post See how much an investor needs in a SIPP to earn passive income of £777 a month appeared first on The Motley Fool UK.

I tried five ways to sell my books, clothes and clutter – one was super easy

From the old-fashioned car boot sale to Vinted and Facebook market place, what’s the best way to turn your unwanted stuff into cash?

Savings provider boosts interest on Cash ISA to 4.98% and earns 'excellent' rating

The new Cash ISA deal is now taking the market-leading position in the easy access sector.

UK's Southern Water secures $1.65 billion equity lifeline

(Reuters) -Britain's Southern Water has secured up to 1.2 billion pounds ($1.65 billion) of equity from a consortium led by Australia's Macquarie Asset Management and agreed to refinancing terms with creditors to avert a debt crisis, it said on Tuesday. Since acquiring a majority stake in 2021, Macquarie has been working to overhaul the water utility's performance following years of operational

What the Bank Rate decision means for your mortgage, savings, pensions and investments

The Bank of England has voted to hold its headline interest rate at 4.25pc. In its latest Monetary Policy Committee meeting, which took place today, members voted for rates to be kept at current levels, a move that was widely anticipated. The UK is grappling with weaker growth, “sticky” inflation and uncertainty over the effects of ongoing wars, es...

Vodafone shares: a £1,000 investment 5 years ago is now worth…

Vodafone shares have underwhelmed since 2020, but could the stock be on the verge of an explosive comeback? Here's what could be on the horizon. The post Vodafone shares: a £1,000 investment 5 years ago is now worth… appeared first on The Motley Fool UK.

£10,000 invested in Santander shares 1 year ago is now worth…

Santander shares have gained over the past week following news that the Spanish bank would acquire TSB from Sabadell for £2.65bn. The post £10,000 invested in Santander shares 1 year ago is now worth… appeared first on The Motley Fool UK.

Money Meets Style! Turning Coins into Timeless Accessories

Warren Buffett Drops $1.8 Billion on 7 Stocks

Noted investor Warren Buffett and his company, Berkshire Hathaway, spent $1.8 billion on the stocks of seven publicly traded companies in the last financial quarter. Knewz.com has learned that the information was revealed in the company’s quarterly 13F filing with the Securities and Exchange Commission. According to reports, one of the stocks Buffe...

Top 10 companies with the largest market cap

As we hit the halfway mark for 2025, the financial standings of companies everywhere are reflecting the many global happenings that have occurred thus far. One way to measure the growing success of a company’s performance is through market capitalisation, or ‘market cap’. In simple terms, this label refers to a corporation’s total value of company ...

Nationwide update on £100 bonus payments going out to millions of customers

The payments from Nationwide were going out to current accounts

If you want to retire at 50, this is how much you'll need

Retiring early costs a pretty penny, but maybe not as much as you might think with an £800 increase since last year

'I make £20,000 a month through my business - it's easier than being a landlord'

Property investor and surveyor Barrie Taube, 48, rents out garages for £50 to £150 a month, and parking spaces for between £30 to £60

New Reforms Set to Change How Bank Accounts and Pensions are Managed – What You Need to Know

A new overhaul of financial services will give millions of savers, pensioners, and bank customers access to free, tailored money advice. Under the proposed reforms, financial firms like banks, pension providers, and investment platforms will be able to offer direct suggestions on managing finances, even if customers have not requested them. These c...

Prediction: in 12 months the recovering Vodafone share price could turn £10,000 into…

Harvey Jones has been watching the Vodafone share price slide for so long that he can't come to terms with its recent rally. But is it sustainable? The post Prediction: in 12 months the recovering Vodafone share price could turn £10,000 into… appeared first on The Motley Fool UK.

What is passive income, anyway? And why do I love it so much?

A Russian proverb states, "Those who take no risks, drink no Champagne". So that's why I use these simple investments to generate powerful passive income! The post What is passive income, anyway? And why do I love it so much? appeared first on The Motley Fool UK.

Big Beautiful Bill Delivers Relief: Social Security Tax Cut Ushers in a New Era for Seniors - What You Should Know

This Independence Day on 4 July, US President Donald Trump delivered his poll promise to millions of senior citizens who have been yearning for substantial tax relief that could transform their retirement years. The One Big Beautiful Bill, signed into law by President Trump, delivers what many retirees have long awaited: significant tax relief on S...

Colleges will soon have to fork over millions of dollars as Trump’s bill extends a tax on their endowments

Colleges will soon have to fork over millions of dollars as Trump’s bill extends a tax on their endowments - Universities use their endowments to fund critical operations and to provide services, such as tuition assistance to low-income students

Asian shares rise after Wall Street falls as Trump pressures trading partners with new tariffs

Asian shares rise after Wall Street falls as Trump pressures trading partners with new tariffs - Asian shares are mostly higher after stocks fell on Wall Street as the Trump administration stepped up pressure on trading partners to make deals before punishing tariffs imposed by the U.S. take effect

Shop prices return to inflation for first time in almost a year

Shop prices return to inflation for first time in almost a year - Overall shop prices were 0.4% higher in June than a year earlier, according to the BRC-NIQ Shop Price Index.

NS&I launches new fixed-rate savings accounts - here's what's on offer

The Treasury-backed bank has launched new two, three and five-year bonds, and changed the rate on its Junior Isa. Are they any good?

Dollar drifts near multi-year lows as Trump tariff deadline looms

By Kevin Buckland TOKYO (Reuters) -The U.S. dollar drifted close to its lowest level since 2021 against the euro and the weakest since 2015 versus the Swiss franc on Monday, with traders alert for any trade-related headlines in the countdown to President Donald Trump's tariff deadline. Most U.S. trade partners are set to see much steeper duties at the end of the 90-day moratorium on Trump's "