Money

How the Rich Profit From Your Mortgage

In today’s economy, every loan creates money - and every piece of money creates debt. When you take a mortgage, your debt becomes someone else’s asset. The banks don’t just lend money; they create it by tying your future labor to their balance sheet. The result? The rich hold the credit, the middle class holds the debt, and the house is just the illusion that keeps you working for them.

Ukraine's foreign currency reserves hit record high of $49.5 billion

Ukraine's foreign currency reserves amount to $49.5 billion, the highest since the country gained independence from the Soviet Union in 1991, the central bank said on Friday The National Bank of Ukraine said the reserve amount, calculated as of November 1, is sufficient to cover more than five months of imports. In October, the reserves increased b...

Ukrainian oligarchs ordered to pay £2.3bn after eight-year London fraud battle

Two Ukrainian oligarchs have been told to pay $3bn (£2.3bn) in damages to the country’s largest bank following an eight-year fraud battle at London’s High Court. On Monday, Ihor Kolomoisky and Gennadiy Bogolyubov were ordered to repay the funds to state-owned lender PrivatBank after a judge ruled they took part in a “fraud of Byzantine complexity”....

Report: Truth about the Royals' money

Wealth is always relative - even for those who possess vast quantities of it, not to mention three valets and an enviable property portfolio.

The world's 21 celebrity billionaires ranked by wealth

From iconic actors to legendary musicians, meet the world's billionaire celebrities.

Getting a Christmas bonus? Here are six ways to make the money work harder for you

After you've treated yourself to something nice, your Christmas bonus could be the starting point for achieving your longer-term goals.

Here's Why You Should Talk About Money Before Getting Married

Vitaly Gariev on Unsplash​

Why ‘green’ finance isn’t always as sustainable as it seems

In the wake of the 2007-08 global financial crisis, green finance has been increasingly celebrated as a way to tackle environmental challenges. Banks, investment funds and insurers have rolled out a growing range of green products, from green bonds to sustainability-linked loans. This momentum is encouraged by international environmental efforts su...

Lloyds Bank warning as people see money appear in accounts

Lloyds Bank is urging people to stay vigilant

9%+ yields! These high-payout income shares look too good to be true

High yields are the goal when it comes to passive income shares, but not all are reliable. Mark Hartley considers the risks and benefits of two. The post 9%+ yields! These high-payout income shares look too good to be true appeared first on The Motley Fool UK.

7,212 shares of this dividend goldmine pays an income equal to the State Pension!

Buying just over 7,200 shares in this FTSE 100 industrial titan is all that's needed to match the UK State Pension in 2025. But is it a good idea? The post 7,212 shares of this dividend goldmine pays an income equal to the State Pension! appeared first on The Motley Fool UK.

UK's Reeves Weighs Tax Levies on Wealthy Ahead of Budget

An exit charge for wealthy Britons leaving the country and increased levies on expensive homes are on a long-list of possible tax increases being considered by Chancellor of the Exchequer Rachel Reeves ahead of the budget. Treasury officials have drawn up options for dozens of possible hikes to help Reeves fill a fiscal hole of as much as £35 billion ($46 billion) on Nov. 26, only some of which she will eventually proceed with, according to people familiar with the matter. Bloomberg's Joe Mayes reports.

Reporter Blackwell | Wall Street Bonuses Surge Again

Wall Street bonuses are set to climb again as volatility and revived dealmaking boost profits. A Johnson Associates report shows equity traders leading the gains with payouts up as much as 25%, followed by investment bankers and asset managers. Wealth managers will also see double-digit bumps, while real estate lags. Bloomberg's Finance Editor Sally Bakewell joined us to talk about the payday.

Stimulus Payment November 2025: Which States Could Issue Targeted Relief Cheques Before Year-End

Speculation about the US Internal Revenue Service (IRS) issuing relief payments in November has grown, following comments from former President Donald Trump. He suggested he plans to distribute $2,000 (£1,518) stimulus cheques funded by tariffs collected from imports. In September, the US Treasury collected approximately $33 billion (£25 billion) f...

November 2025 payment dates for benefits and pensions

November 2025 payment dates for benefits and pensions plus cost of living support - All the essential cost of living information you need in November

Stocks, US dollar advance ahead of Fed, megacap earnings

By Chuck Mikolajczak NEW YORK (Reuters) -Global stocks rose for a fifth straight session to an intraday high on Wednesday, while the U.S. dollar also climbed ahead of a policy announcement from the U.S. Federal Reserve and earnings from several U.S. megacap companies. On Wall Street, U.S. stocks were higher, continuing their recent rally that has pushed major indexes to record levels on cooling

Lloyds Bank warning as people have money put into accounts

Lloyds Bank has warned millions of people

5,000 Lloyds shares could pay this much passive income…

Ben McPoland considers whether Lloyds shares still offer juicy passive income prospects after the huge bull run since 2020. The post 5,000 Lloyds shares could pay this much passive income… appeared first on The Motley Fool UK.

So Much Car for So Little Money: Buying a Jaguar XK 4.2

The Jaguar XK 4.2 offers classic grand tourer style, V8 performance, and serious value for money. In this video, we take a closer look at what makes it such a tempting buy — and why it might just be one of the best bargains in the used car market.

Czech central bank sees upside price risks but no pledge on next rate move

By Jason Hovet and Jan Lopatka PRAGUE (Reuters) -The Czech National Bank left interest rates unchanged again on Thursday and said its policymakers saw upside inflation risks from wage growth and potential government spending, although it did not commit to any direction in future policy decisions. The bank's new forecasts indicated broad rate stability over the next few quarters, followed by a

'How I brought MoneyWeek to the masses'

Launching MoneyWeek gave ordinary investors information – and hence power, says Merryn Somerset Webb

New bond paying 8.25pc interest launched – should you buy it?

A new bond has launched offering savers annual interest of 8.25pc – more than double the rate of inflation. Thanks to the new “retail bond”, which pays the equivalent of an annual 8.25pc until its maturity in November 2030, investors have a chance to outstrip any savings rate currently available. This rate is far higher than the current best five-y...

Four most common scams targeting old people – and how to avoid them

The four most common scams targeting older people – and how to avoid them - Some scammers will even mirror the hold music your bank uses

If a 50-year-old put £500 a month in S&P 500 shares, here’s what they could have by retirement

By consistently drip-feeding money into S&P 500 stocks, investors can aim to build phenomenal retirement wealth. Zaven Boyrazian explains how. The post If a 50-year-old put £500 a month in S&P 500 shares, here’s what they could have by retirement appeared first on The Motley Fool UK.

Germany financial watchdog slaps record fine on JPMorgan of $52 million

By Tom Sims FRANKFURT (Reuters) -Germany's financial watchdog BaFin has imposed its largest-ever fine of 45 million euros ($52.5 million) on Frankfurt-based JPMorgan SE for deficiencies in money-laundering prevention. BaFin said on Thursday that JPMorgan had "systematically" filed so-called suspicious activity reports late in the period from October 2021 though September 2022. JPMorgan has

UK Banks Slash Mortgage Rates Before Key Bank of England Vote — Analysts Predict Shock 0.25% Cut

The Bank of England's (BOE) official bank rate remains at 4%, but a change is anticipated following the Monetary Policy Committee (MPC) meeting scheduled for 6 November 2026. In a strategic move ahead of this pivotal decision, several of the UK's major banks have already begun slashing mortgage rates, sparking what analysts are calling a 'mortgage ...

Premium Bonds prize checker: When is November’s draw and have I won?

Premium Bonds prize checker: When is November’s NS&I draw and how can I check if I’ve won? - Everything you need to know about Premium Bonds

Bill Ackman's Bet on Beleaguered Hertz is Up 90% as Stock Jumps 35% After First Profits in Two Years

Hertz Global (Nasdaq: HTZ) shares soared over 36% on Tuesday after posting revenue of $2.5 billion (£1.9 billion) and earnings per diluted share of $0.42 (£0.32)—both positive for the first time in two years. The earnings beat consensus estimates and could indicate that billionaire investor Bill Ackman's bet on the beleaguered company is proving to...

Income Tax Surge Incoming: The Silent Hit to Your Wallet

The Chancellor, Rachel Reeves, has hinted at income tax hikes in an effort to address the country’s ongoing financial challenges. However, the proposed changes have sparked concern, particularly among middle and higher earners who would feel the pinch the most. With more details expected in the coming weeks, it’s important for taxpayers to understa...

Key mistake could be costing new investors thousands

Sterling edges up ahead of BoE, Nok rises as Norges Bank holds rates

By Joice Alves LONDON (Reuters) -Sterling nudged higher but stayed near multiple-month lows on Thursday ahead of a Bank of England rate decision, with markets expecting a one-in-three chance of a cut, while Norway's crown recovered some ground after its central bank held rates. The dollar edged lower as a recovery in appetite for riskier assets pulled the U.S. currency off its recent peaks.

How Musk may spend his $1trn

Tesla shareholders have approved the whopping financial package for the CEO if he hits a series of ambitious targets over the next 10 years.

Lloyds Bank update over bonus payments of £50 and £100

Some customers can currently get a £200 payment from Lloyds

Trump wants to pay US citizens $2,000 each

US President Donald Trump says the government will pay most citizens a "dividend" of at least $2,000 each, in a post on his Truth Social platform on Sunday. Only high-income citizens are to be excluded, he wrote, without specifying income levels or a timeline. Trump's post comes nearly a week after Democrats scored gains across the country in numer...

Millions over State Pension age face new tax bills

The full New State Pension could rise by over £570 next year

Ukraine's anti-graft agency alleges $100 million energy kickback scheme

By Max Hunder KYIV (Reuters) -Ukraine's anti-corruption bureau said it was investigating the country's energy sector on Monday, alleging a $100 million kickback scheme involving the state nuclear power company. The state agency, which operates independently of the Ukrainian government, announced the investigation as Ukraine braces for winter with its power sector under frequent fire from Russia

How much to spend on the person you're dating

Don't go overboard.

7 Beginner Tips for Easy Investing from Your Sofa

That compound interest, though.

Markets surge amid hopes of end to US government shutdown

Markets began the week in buoyant mood following news of a possible end to the longest US government shutdown in history. View on euronews

UK unemployment rises to 5%, the highest level in four years

Unemployment in the UK has risen by more than expected to the highest level in four years, official figures show, amid a worsening slowdown in the jobs market before Rachel Reeves’s autumn budget. With under three weeks to go before the chancellor’s tax and spending statement, figures from the Office for National Statistics (ONS) show the headline unemployment rate rose to 5.0% in the three months to the end of September, up from 4.8% in the...

Sony sees profits soar thanks to massive success of Demon Slayer film

Sony sees profits soar thanks to massive success of Demon Slayer anime film - Japanese manufacturing giant anticipates £5.6bn profit after animated movie’s robust performance worldwide

Budget 2025 predictions: When is it and which taxes could Labour raise?

The Treasury is reported to be considering as many as 100 tax changes ahead of the Budget. From pension tax relief to an income tax raid, Rachel Reeves has many options still on the table. Last week the Chancellor has given a televised address laying out what she sees as the “choices the country faces” amid sluggish growth and rising costs. Despite...

AI stock boom delivers bumper quarter for Japan's SoftBank

Japan's SoftBank Group reported Tuesday that net profit more than doubled in the second quarter thanks to a boom in AI-related share prices that has fuelled fears of a market bubble. But that has fed concerns of a market bubble that could eventually burst, like the dot-com boom that imploded at the turn of the millennium.

Women Poised to Benefit from 'Great Wealth Transfer'

Jaime Magyera, BlackRock Managing Director and Head of US Wealth Advisory and Head of Retirement, joins Bloomberg Businessweek Daily to discuss how women are set to inherit or receive wealth as part of a generational 'Great Wealth Transfer.' Magyera discusses when the transfer usually happens, what habits women tend to exercise when it comes to investing, their risk tolerance, philanthropic causes, and more. She speaks with Carol Massar and Matt Miller.

Deal Surge Nears $4 Trillion

Investment bankers are shaking off a rough start to 2025 as dealmaking surges to nearly $4 trillion, putting the industry on pace for its best year since 2021. Rob Brown, the CEO of Lincoln International, joined "Bloomberg Open Interest" to talk about why the M&A landscape is improving.

Almost 3,000 high street shops raided in money-laundering crackdown

Barbers and vape stores among 2,700 high street shops raided in money-laundering crackdown - These extensive raids – the UK’s largest ever crackdown of its kind on money laundering – form the second stage of Operation Machinize

How do Premium Bonds work?

NS&I’s Premium Bonds operate differently from typical savings accounts. We look at how they work.

Treasury rules out pension lump sum raid

Rachel Reeves will not cut the tax-free pension lump sum limit in the Budget this month, officials have confirmed. The Treasury has ruled out making changes to the amount of money that can be taken from a pension without incurring income tax, amid reports of panicked withdrawals from retirement pots. At present, most savers can take 25pc of their p...

The best one-year fixed savings accounts – earn up to 4.47%

One-year fixed savings accounts are now offering inflation-beating rates of up to 4.47%. We've rounded up the best deals available on the market now

Why the Wealth Tax Will Never Work - And They Know It

Everyone talks about “taxing the rich,” but no one talks about how impossible it actually is. The people who control the system also control the narrative—and they’re laughing while governments fail. This isn’t about fairness. It’s about power, control, and the illusion of change. Here’s what they don’t want you to understand.