Money

Where F1 Teams Really Spend $350 Million (ft. Guenther Steiner)

Go behind the scenes of Formula 1 team finances with Guenther Steiner as he breaks down how teams allocate their massive $350 million budgets from aerodynamics and R&D to logistics and driver salaries. This detailed explainer reveals the real costs of staying competitive at the highest level of motorsport.

How 5,600 high rollers switched current accounts with £100,000 in the bank

In the first three months of 2025, 228,805 bank switches took place, according to bank-specific data from the Cass.

Want to become an ISA millionaire? Here’s one way to target stock market riches with £500 a month

Making a million pounds or more in an ISA doesn't have to be a pipe dream. Here's how a mix of shares and cash savings could help achieve this. The post Want to become an ISA millionaire? Here’s one way to target stock market riches with £500 a month appeared first on The Motley Fool UK.

‘I only earn £300 a month. How will I ever save?’

For the past seven years, Jess Muxlow has been learning to live with a brain tumour. Now, at 25, she’s found a lifestyle that suits her, allowing her to quit her job and spend more time with her two-year-old daughter Freya. After studying theology and philosophy at Birmingham Newman University, Muxlow worked as an administrator for her local counci...

UAE banks back Pakistan’s $1bn fundraising

UAE banks have led the $1 billion fundraising by Pakistan as it grapples with economic challenges. The five-year facility, split into conventional and Islamic tranches, was partially guaranteed by the Asian Development Bank, Dawn, a Pakistani English daily, reported. Dubai Islamic Bank acted as the sole Islamic global coordinator, while Standard Chartered Bank was the […]

Millionaires on the move? Britain can’t afford this wealth flight.

All around the world, money is on the move. Millionaire migration might seem like a niche narrative, but it sparks serious debate and can lead to major policy changes. No individual dataset can be taken as flawless, but a number of different sources can be pooled that, taken together, paint a picture of where wealth [...]

All the sneaky ways you can be overcharged or hit with surprise bills

MoneyMagpie Editor and financial expert Vicky Parry shares her checklist to get on top of your life administration and make sure you don’t end up overpaying for things

The world's 20 RICHEST comedians in 2025, ranked

From Adam Sandler to Jerry Seinfeld, discover which comedian is the richest in 2025.

Pound's strength means Brits could be in for summer holiday spending boost

The strength of the pound against most other currencies has boosted Brits' spending power when they head abroad this summer, research had found, in some cases by a lot

Revolut founder Nik Storonsky eyes a £30bn Elon Musk-style jackpot

Revolut founder and chief exec Nik Storonsky (pictured) is thought to own around a quarter of the company - worth some £8.5bn.

Financial meltdown looms for one in ten as high cost of living bites into household finances

Surging mortgage costs and hikes to bills has left 9% of adults facing a financial crisis, according to a report from pension firm Royal London.

What to do about your parents or spouse’s pension after they die

The death of a loved one can be an extremely emotional and stressful time for all concerned, and it also comes with a lot of financial admin – including when you’re sorting their pensions. Pension inheritance rules can be beneficial to remaining husbands, wives or civil partners – but there are a lot of rules to keep track of, and you might wonder ...

Make money from your living room with these 7 investing tips for absolute novices

Listen to article Listen to article Your browser does not support the audio element. Money is a major part of human life. We literally need it to survive, from paying bills to buying food, not to mention simple pleasures like holidays. Yet basic financial understanding is something a lot of people struggl...

Households face ‘a lot more’ tax rises after defence pledge

Households face a fresh wave of tax rises to fund tens of billions of pounds in extra defence spending, one of the country’s leading economists has warned. Paul Johnson, director of the Institute for Fiscal Studies, said “a lot more” tax increases will be needed to meet renewed commitments on defence, particularly as Sir Keir Starmer comes under pr...

Brits kick off Christmas budgeting early with money-saving tactics

A new study has found that millions of Brits have already started budgeting for Christmas and are using a number of money-saving tactics to prepare for the festive season

Are the world's wealthiest people getting richer, or poorer?

The world's 25 richest people in 2025: meet this year's global wealth titans and discover how they made their money.

What’s your credit score and how do you improve it?

Understanding this small number can make or break your financial future.

The Bank of England holds interest rates – what it means for your money

The Bank's Monetary Policy Committee decided to keep the base rate at 4.25 per cent following high inflation and geopolitical tensions

The $50 Trillion Climate Bill: Who's Going to Pay for Saving the Planet?

The $50 Trillion Climate Bill: Who's Going to Pay for Saving the Planet?

Bank launches new current account paying customers up to £256 per year

Customers can enjoy a competitive linked savings account paying 7.1% interest.

Inflation and interest rates have stayed high. How can I protect my money?

Persistently high inflation and a base rate of 4.25 per cent is leaving many households concerned about their finances

This £10k ISA strategy could one day unlock a £10k second income

By following this simple strategy, investors could already be earning more than a £10,000 second income stream in 2025. The post This £10k ISA strategy could one day unlock a £10k second income appeared first on The Motley Fool UK.

Would you lend the government your savings for a 5.3% return?

Lending money to the Government by buying its 'gilts' direct is seen as a low-risk and lucrative earner by investors. Here's what you need to know.

Full list of what you could buy after Euromillions win

Would you blow it all on one big superyacht, or eke it out still buying basics?

'I've earned £18k on Vinted - subtle changes you can make to boost sales'

A woman has shared her clever tricks for being successful while selling old clothes on Vinted - as she's managed to make it her full time job with these simple steps

Live Abroad for Less: Countries Where $1,000 Goes Far

Live Abroad for Less: Countries Where $1,000 Goes Far

EuroMillions winning numbers revealed for record £208m UK jackpot draw

EuroMillions winning numbers revealed for record £208m UK jackpot draw - Record EuroMillions jackpot up for grabs

A £10,000 investment in Vodafone shares, made 5 years ago, is now worth…

Vodafone shares have had a disappointing few years. But could this year mark the pivot point in the company's turnaround plans? The post A £10,000 investment in Vodafone shares, made 5 years ago, is now worth… appeared first on The Motley Fool UK.

Common Money Fights Couples Keep Having (And Why They Happen)

Money issues don’t always come down to the numbers. Most of the time, they’re about values, habits, control, or just two people seeing the same pound differently. Even in good relationships, financial tension sneaks in—sometimes over big stuff, sometimes over things that feel petty but hit a nerve. These are some of the most common...

Buying 500 Vodafone shares could generate a passive income of…

Jon Smith explains why Vodafone stock still offers him an above-average dividend yield despite the recent dividend cut. The post Buying 500 Vodafone shares could generate a passive income of… appeared first on The Motley Fool UK.

State Pensioners getting £227 from DWP to receive extra £150 boost

Pensioners on one DWP benefit will get a £150 cash boost to help pay their energy bills.

Surge in firms using loans to pay tax bills amid April increases

Billions of pounds of tax and VAT payments are set to be covered by credit and financing arrangements this year, according to Premium Credit.

Rob McElhenney-backed Classic Football Shirts sees sales soar to £31.8m amid global expansion

The Greater Manchester-headquartered business has posted a turnover of £31.8m for the 12 months to 30 June, 2024, up from the £24.4m it reported for the prior year.

Will interest rates be cut today? The key factors for the Bank of England and 2025 predictions

Will interest rates be cut today? The key factors for the Bank of England and 2025 predictions - Analysts expect a split vote at the MPC’s meeting on 19 June

£10,000 invested in this Dow Jones leader 20 years ago is now worth £1.5 million

This beloved Dow Jones tech giant is a millionaire-making stock with new growth catalysts on the horizon. Should investors consider buying today? The post £10,000 invested in this Dow Jones leader 20 years ago is now worth £1.5 million appeared first on The Motley Fool UK.

Millionaires could be eligible for Winter Fuel Payments under new rules, report shows

The Winter Fuel Payment U-turn could open up an unexpected loophole for wealthy retirees

5 trends that could make more money for Rolls-Royce shareholders

While Rolls-Royce shares could be due a pullback, this investor sees five things on the horizon that could power them even higher over time. The post 5 trends that could make more money for Rolls-Royce shareholders appeared first on The Motley Fool UK.

Which movie franchise made the most money?

From Avengers and Harry Potter to Star Wars and James Bond, this is the definitive list of the highest-grossing movie franchises of all time.

Kuwait approves draft law with KD500,000 fines to combat money laundering

Dubai: Kuwait has introduced sweeping new penalties, including fines of up to KD500,000 ($1.62 million), as part of a newly approved draft law aimed at strengthening its fight against money laundering and terrorist financing. The move underscores the country’s commitment to aligning national legislation with international standards, particularly UN...

See how much an investor needs in an ISA to fund an £888 monthly passive income

Harvey Jones grabs his calculator to work out how much money people need to generate a decent passive income in retirement, and how much they need to put away. The post See how much an investor needs in an ISA to fund an £888 monthly passive income appeared first on The Motley Fool UK.

Telecom Italia in talks with banks to sell 1 billion euro state credit, say sources

By Elvira Pollina MILAN (Reuters) - Telecom Italia (TIM) is in advanced talks with banks to sell a 1 billion euro ($1.2 billion) state credit the phone group expects to be able to cash in from the government after a prolonged legal dispute, two sources told Reuters. TIM and Rome have been locked in a legal battle over a license fee TIM was obligated to pay to the state in 1998, the year after

I’ve seen conflicting advice about equity release – should I go for it?

A reader wants to treat themselves and their loved one while they still are around, but as cheaply as possible

Top 10 jobs with biggest pay rises revealed

The world of work can be scary, especially when you’re uncertain about the kind of career path you want to take. More than half (54%) of Brits believe they’ll never land their dream job, while 46% think their perfect career doesn’t exist. With such confusion and anxiety surrounding our professional lives, many people turn to industries where they t...

Why Elon Musk’s US$34 billion loss wasn’t really that – and what it tells us about the philanthropy of the ultra-wealthy

Following a sharp drop in Tesla’s share price, outlets reported that the world’s richest person, Elon Musk, had “lost” US$34 billion (£25 billion) in a single day. That figure exceeds the annual GDP of countries like Iceland, Jamaica or Mauritius. Gaining or losing even 0.001% of that wealth would be life-changing for most people. But, this “loss” ...

Interest rates held at 4.25% but with three votes for a cut: What it means for your mortgage and savings

The Bank of England has held interest rates at 4.25% as it continues to tread carefully amid fears of resurgent inflation.

How I Manage My Money: 34-year-old, on £1.7k a month, says state pension too low

Cost of comfortable retirement revealed — here's how much you need yearly

Listen to article Listen to article Your browser does not support the audio element. The high cost of living is also hitting pensioners as more money is needed for a comfortable retirement. Pensioners need more money in the bank if they want to be comfortable and afford more than just the basic necessitie...

5 passive income stocks I aim to hold for life

Mark Hartley identifies five passive income stocks that he wants to hold until retirement and beyond, explaining why he's chosen these stocks. The post 5 passive income stocks I aim to hold for life appeared first on The Motley Fool UK.

Top 10 Countries Where Your Dollar Goes Furthest in 2025

Top 10 Countries Where Your Dollar Goes Furthest in 2025

Dollar rises vs yen, Middle East conflict remains in focus

By Laura Matthews (Reuters) -The U.S. dollar rose to a three-week high against the safe-haven yen and gained ground on the Swiss franc on Friday amid signs tension in the Middle East is easing after Iran backed continued discussions with Europe on its conflict with Israel. Iran's Foreign Minister Abbas Araqchi said Tehran backed further talks with Germany, France, Britain and the EU and would be