SIMON LAMBERT: Raising interest rates because wages are rising faster than inflation would be a bad idea

Raising interest rates wouldn’t be a bad idea. Raising rates because the country finally got a pay rise would be. Some good news arrived this week, as the ONS revealed wages are now rising faster than inflation. Britain has officially got a smidgen of a ...

Sellers desperate to flog their homes are slashing asking prices by £25k with a third of homes on the market seeing reductions

Nationally, the average reduction in asking prices stood at £24,947 or 8.42 per cent earlier this month, according to property website Zoopla. But the deepest discounts can be found in the self-governing British crown dependency of the Isle of Man, where ...

The hidden price of running an electric car: Public charging is up to eight times more expensive than at home costs

Running a plug-in electric car could be more expensive than you might think. According to What Car?, the rising cost of using public charging points along with a lack of off-street parking for charging and low vehicle residual values should give pause to ...

Millions hit by another interest rate rise on student loans with some paying an eye-watering 6.3% from September

The interest rate charged on student loans is rising again to an eye-watering 6.3 per cent for some graduates in England and Wales from September. The interest on the most recent tranche of loans goes up from 6.1 per cent and is calculated by adding 3 per ...

MARKET REPORT: Investors take profits as trendy clothing retailer dubbed the 'Asos of India' rises 60%

Trendy clothing retailer Koovs has, over the past few months, been in and out of fashion with investors more than a pair of flared trousers. The board of the online firm, known as the 'Asos of India', were scratching their heads yesterday as shares spiked ...

ASK TONY: I'm 62 and in ill health, so why was I left waiting three months for a pension payout after my wife died

My son sent the firm the forms and death certificates on November 3, so I could receive the spouse’s benefits I am due. We received them back on November 10. We heard nothing, so called on December 22 and were told it was with the administration department.

Clydesdale and Yorkshire banking group shares fall by 6% after revealing fresh flood of 59,000 PPI complaints in just six months

Shares in the owner of Clydesdale and Yorkshire banks, CYBG, fell by 6 per cent this morning after the group revealed it is having to set aside millions of pounds more for 'legacy' payment protection insurance claims. The FTSE 250 listed group said the ...

Debenhams' revamp fails to pay off as profits plunge 85% and dividend payout is slashed by more than half

Debenhams has reported plunging profits in the first half of its financial year after a 'disappointing' Christmas and significant sales shock during the recent cold snap. Pre-tax profits in the 26 weeks up to March 2018 fell 84.6 per cent down to £13.5 ...