Money

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10 ways you can make an extra £500 by the summer

You could put the money towards a holiday, DIY project, or a savings account for a rainy day

2025-05-17T05:33:10Z

Australian central bank reduces benchmark interest rate to 3.85% in second cut this year

Australian central bank reduces benchmark interest rate to 3.85% in second cut this year - Australia’s central bank has reduced its benchmark interest by a quarter percentage point for a second time this year to 3.85% after inflation fell within a target range

2025-05-20T05:16:39Z

Bitcoin price surges past $110,000 a coin to reach new record high

The crypto asset reached $111,886.41 at around 4am on Thursday morning, before levelling out at around $110,726.40 by mid-morning.

2025-05-22T11:17:18Z

2025-05-22T15:20:37Z

Zilch's customer base balloons as it tops £4bn in sales for retailers

The fintech industry has seen a record year of growth, with the UK leading the way as the top unicorn breeder in the region with 41 firms topping a $1bn valuation.

2025-05-12T12:43:32Z

Time for a wealth tax, say Patriotic Millionaires as Rich List shows £772bn in the hands of just 350 families

Time for a wealth tax, say Patriotic Millionaires as Rich List shows £772bn in the hands of just 350 families - Call comes after the the 2025 Sunday Times Rich List revealed the annual catalogue of Britain’s wealthiest people

2025-05-16T11:32:13Z

When the 2025 NHS pay rise will happen, and how much staff will get

The Government has announced increases for health staff following recommendations from review bodies

2025-05-22T18:34:55Z

US dollar set for fourth straight weekly rise against euro and yen

By Stefano Rebaudo (Reuters) -The dollar was heading for a fourth straight weekly rise against the yen and the euro but remained significantly below its level from before April 2, when U.S. President Donald Trump announced aggressive tariffs on imports. A U.S.-China trade truce propelled the dollar higher on Monday, though the euphoria soon fizzled out as it dropped on Tuesday and Thursday after

2025-05-16T12:30:24Z

Following strong Q1 results, is now the time for me to buy more of this FTSE 100 banking star?

This FTSE 100 financial giant posted excellent Q1 results recently, leaving its share price looking even more undervalued to me than it did before. The post Following strong Q1 results, is now the time for me to buy more of this FTSE 100 banking star? appeared first on The Motley Fool UK.

2025-05-19T09:06:25Z

Indian rupee dips to 23.4: Should UAE-based Indians send money home now or wait?

Dubai: The Indian rupee has slipped to INR23.40 per UAE dirham, its lowest point in over a month. (Check the latest forex rates here.) This decline raises a common question among UAE-based Indian expats: Is now the right time to send money home, or should you wait for a better rate? What’s causing the drop? The recent dip in the rupee comes amid a ...

2025-05-22T13:16:06Z

Voices: It’s all over for interest rate cuts – get your new mortgage deal now

It’s all over for interest rate cuts – get your new mortgage deal now - COMMENT: The markets now expect only one more cut over the next year – and lenders are likely to react by raising their prices, writes James Moore

2025-05-22T14:36:26Z

UK government borrowing rises to £20.2 billion as pressure mounts on Rachel Reeves

UK government borrowing rises to £20.2 billion as pressure mounts on Rachel Reeves - The latest figure showed that the Chancellor had to borrow more money than expected over the month

2025-05-22T08:41:54Z

Everything you need to know about investing - is it really the same as gambling?

Multi award-winning Chartered Financial Planner, Certified Coach, author of The Money Plan and Sunday Mirror columnist

2025-05-18T07:00:25Z

10 Ways To Increase Your Net Worth Without A Six-Figure Salary

Building wealth isn’t just for the rich or those with six-figure salaries. These ten strategies can help you grow your net worth without bringing in a huge paycheck.

2025-05-20T10:05:20Z

Monzo IPO: Digital bank plans stock market float with £6bn valuation

The digital bank is looking to formally appoint bankers to work on a stock market float which could see Monzo valued at £6billion.

2025-05-12T12:26:03Z

Major bank cuts its savings rate to near 1% - here's where you should move your cash to

Banks have rushed to re-price their savings accounts in the wake of the Bank of England cutting the base rate to 4.25% last week.

2025-05-21T23:22:33Z

IG offers a huge 8.5% rate on cash savings - is it worth taking?

IG is offering savers a boosted three-month 8.5% rate on cash, but you have to jump through a few hoops to access the deal. Read more about this offer.

2025-05-20T06:19:27Z

Babies to be given $1k ‘Trump bank accounts’

Babies will be given “Trump accounts” with $1,000 (£745) as part of a sweeping piece of legislation that the president has dubbed his “big beautiful bill”. The measure passed through the House of Representatives on Thursday as part of an expansive tax package, which now faces a vote in the Senate before it is sent to Donald Trump’s desk for signing...

2025-05-22T20:57:12Z

Martin Lewis says people on Universal Credit can get £1,769 a month extra

Martin Lewis has told his ITV1 viewers how people on Universal Credit can get an extra £1,769 per month.

2025-05-22T14:12:27Z

Ukraine offers Europe to directly fund Armed Forces

Ukraine has proposed a new format of support for the Armed Forces to Europe. Direct financing will make aid more effective and faster, according to a statement by Ukraine’s Minister of Finance, Serhii Marchenko. The Minister of Finance of Ukraine reported that during the G7 finance meetings in Canada, intensive negotiations took place with finance ...

2025-05-22T20:12:29Z

2025-05-19T09:15:37Z

How much you should have in savings - and how your bank balance compares to the average Australian

Here's what the typical Aussie has in savings during a cost-of-living crisis.

2025-05-09T00:44:10Z

Meet the 30-year-old accountant teaching seven-year-olds about money

This article is part of the FT’s Financial Literacy and Inclusion Campaign At what age are children the most keen to learn about money? According to financial educator Abigail Foster, it is seven. Faced with a class of children, she says she can easily tell which ones talk about money at home with their parents, and those who do not. “The kids that don’t talk about money at home won’t put their hands up to answer questions, whereas those that do...

2025-05-21T04:04:16Z

Swiss Life reports higher fee income and premiums for first quarter

(This story has been corrected to change the currency to Swiss francs, not euro, in paragraph 3) By Tristan Veyet (Reuters) -Swiss Life's fee income and premiums grew in the first quarter of 2025 supported by its asset management business and good performances of its own and third-party insurance products, it said on Thursday. Switzerland's largest life insurance provider and a major owner of

2025-05-20T07:30:41Z

Labour issues update on plans to reform ISA investment rules

You can currently deposit up to £20,000 a year into cash ISAs

2025-05-22T04:10:55Z

Real estate remains a key driver of Dubai Investments’ profits

Dubai Investments recently posted its first-quarter results for the year, reporting a profit before tax of Dh185 million, up from Dh122 million in the corresponding period in 2024. The 52 per cent jump in profits for the diversified investment company came on the back of higher rental income from its property portfolio. That’s not a surprise. Since...

2025-05-21T02:55:44Z

Should you invest in the UK government bond that will pay you 5.375% interest for 30 years?

Generally, these bonds are considered low risk investments, with the Government having never yet defaulted on a coupon payment or a gilt repayment.

2025-05-22T23:19:36Z

The maths behind Starmer’s Chagos sleight of hand

In exchange for the privilege of ceding sovereign British territory to Mauritius, Sir Keir Starmer has agreed to fork out billions of pounds of taxpayers’ money. Britain is set to pay £101 million per year for 99 years, or a hair under £10 billion in total. Add in all the supplementary payments and inflation and it’s closer to £30 billion. Read the...

2025-05-22T20:27:07Z

Revolut plans $1.1 billion French expansion

By Elizabeth Howcroft PARIS (Reuters) -British finance company Revolut said on Monday it plans to invest 1 billion euros ($1.1 billion) over the next three years on expanding in France and will soon apply for a French banking licence. In an announcement as part of the "Choose France" investment summit, hosted by French President Emmanuel Macron at Versailles Palace near Paris, Revolut said it

2025-05-19T11:58:35Z

Bank raises interest on savings account to 4.68% and earns 'excellent' rating

The new savings deal grabs a "market-leading" position.

2025-05-22T13:12:22Z

Berkshire Hathaway Dumps Banking Stocks in Q1, Sells All Shares of Crypto-Linked Nu Holdings, Citigroup

Billionaire investor Warren Buffett's Berkshire Hathaway heavily sold banking shares in Q1, according to a 13f filing with the US Securities and Exchange Commission. The Oracle of Omaha sold all shares of Brazilian bank Nu Holdings, which has its own crypto platform. He disposed of 40.18 million shares of the bank during the quarter that ended 31st...

2025-05-16T12:47:04Z

Wonderwallets: UK set for £1 billion boost from Oasis reunion tour

Music fans are expected to Roll With It when it comes to spending their cash on Oasis this summer, which could be good news for the UK economy

2025-05-22T16:44:18Z

Mortgage before marriage: over half of Londoners prioritise saving for a house deposit over a wedding

Mortgage before marriage: over half of Londoners prioritise saving for a house deposit over a wedding - And a quarter are thinking of postponing their big day to get on the housing ladder

2025-05-21T23:06:20Z

UK Public Sector Pay: Teachers, nurses, soldiers and more find out salary increase

The Government has accepted public sector pay awards for teachers, nurses, doctors, members of the armed forces and other public sector workers as ministers bid to avert fresh strikes

2025-05-22T12:34:18Z

Mortgage crisis warning: Thousands of homeowners could see payments jump by £4,860 a year from tomorrow

Thousands of homeowners could see their mortgage payments jump by £4,860 a year, as each day passes new research has shown. Those coming off fixed-rate deals in 2025 may face a sharp rise in monthly payments as their new interest rate could be as high as eight per cent. Homeowners coming off fixed-rate mortgage deals in 2025 could be hit with a sha...

2025-05-14T16:27:03Z

Argentina's Milei unveils bold plan to lure billions in undeclared dollars back home

Argentina's Milei unveils bold plan to lure billions in undeclared dollars back home - Argentina’s government has unveiled an ambitious scheme to bring billions of undeclared U.S. dollars tucked under mattresses or stashed in foreign bank accounts back into the crisis-prone country

2025-05-22T21:32:52Z

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

Harvey Jones is starting to lose faith in his ailing Glencore shares. So he's pleased to discover that analysts are predicting a lot of excitement to come. The post £10,000 invested in Glencore shares 1 year ago is now worth… appeared first on The Motley Fool UK.

2025-05-19T11:21:25Z

Dollar slips again on caution over US economy, Aussie falls after RBA

By Rocky Swift and Lucy Raitano TOKYO (Reuters) - The dollar slipped on Tuesday after declining for a week, weighed down by the Federal Reserve's caution over the economy and as U.S. lawmakers came closer to passing a bill expected to widen the nation's fiscal deficit. The greenback sold off broadly on Monday following last week's downgrade of the U.S. sovereign rating by Moody's on deficit

2025-05-20T10:51:22Z

Top 10 wealthiest American men collectively earned extra $1B a day, report says, as Trump pushes tax cuts

Top 10 wealthiest American men collectively earned extra $1B a day, report says, as Trump pushes tax cuts - Despite market turmoil caused by Donald Trump’s tariffs, the group saw an increase in their collective wealth of $365 billion over the last 12 months

2025-05-22T02:10:37Z

Here’s how that spare cash could become a life-changing second income

Millions of Britons invest in the stock market for a second income. By using any spare cash, we can start building a life-changing portfolio. The post Here’s how that spare cash could become a life-changing second income appeared first on The Motley Fool UK.

2025-05-12T06:03:03Z

Thailand's ex-Prime Minister Yingluck ordered to pay for losses from a rice subsidy program

Thailand's ex-Prime Minister Yingluck ordered to pay for losses from a rice subsidy program - A Thai court has ordered exiled former Prime Minister Yingluck Shinawatra to pay more than $304 million to compensate for losses incurred by a money-losing rice farming subsidy program that her government had implemented more than a decade ago

2025-05-22T11:25:55Z

Here’s how an investor could unlock a £250 monthly passive income by the end of the year

Jon Smith talks through the numbers and checks out a hot property stock along the way for those trying to build a passive income portfolio. The post Here’s how an investor could unlock a £250 monthly passive income by the end of the year appeared first on The Motley Fool UK.

2025-05-19T11:36:25Z

'I saved £15,000 in three years on low income by following these rules'

A social media user has shared how she organised her finances in order to reach her savings goal on a low income

2025-05-14T12:44:13Z

Moneybox appoints ex-Kayak finance chief in major signal it's heading for public listing

The savings and investment platform has appointed Melissa Birge as an independent non-executive director as it looks to bolster its boardroom ahead of a potential IPO.

2025-05-12T12:13:28Z

How much the average Brit is worth compared to the rest of the world

From Spain to South Korea, we reveal the average wealth per adult in 25 major countries around the world.

2025-05-14T14:31:40Z

Bitcoin hits record high amid optimism over US legislation

Bitcoin hit a record high on Wednesday, driven by a wave of optimism over cryptocurrency legislation in the United States. Bitcoin broke back through the symbolic $100,000 threshold on May 8 for the first time since February, as Britain and the United States unveiled a trade deal.

2025-05-21T16:38:45Z

£10,000 invested in NatWest shares 15 years ago is now worth…

NatWest shares have outperformed the FTSE 100 over the past year, but the longer-term performance is rather disappointing. Dr James Fox explores. The post £10,000 invested in NatWest shares 15 years ago is now worth… appeared first on The Motley Fool UK.

2025-05-17T05:50:27Z

How to get 8.5pc interest on £100k (but there’s a catch)

After four years of rising, interest rates are now quickly falling, leaving savers rushing to lock in good rates while they still can. Investment platforms hungry to attract new customers are offering high “teaser” rates, with one offering 8.5pc – double the official Bank Rate – on cash balances up to £100,000. There is a catch: you only get the hi...

2025-05-12T12:03:40Z

Universal Credit payment boost to land in bank accounts this week

Universal Credit payment boost to land in bank accounts this week - Payments that were due on Monday 26 May will now arrive this week on Friday 23 May

2025-05-20T10:22:20Z

The UK's average salary and how it compares around the world

We take a look at the average annual salaries in 42 different nations around the world. How does your salary compare?

2025-05-07T14:43:34Z