Spectator money

Back in the 1980s, when I was embarking on a lifetime of sweat, toil and tears in order to bring home the bacon, I lived in a pensions desert. I couldn’t see, feel or feed one (a pension, that is) for miles around. During this decade, against a backdrop of privatisations, a rampant Prime Minister (Margaret Thatcher), Michael Jackson’s Thriller and Madonna’s virgins, I was privileged to work for four employers. A major chartered accountancy practice, a big and little publisher and a now defunct building society. Not one offered me the opportunity to save into a company pension. At the time I wasn’t bothered – life was for living, a

I watched some extraordinary television yesterday. It was the kind of TV that makes your eyes widen and your jaw drop to the floor. Not Sherlock, obviously. Much as I love the uptight detective, I know what I’m getting when I press the play button. I mean Morph, the animated clay character who made his debut back in 1977 and has now been recreated for the Sky Kids channel. You read that right, Morph. In a homage to the mockumentary This Is Spinal Tap and The Sugarhill Gang, the legendary American hip-hop group, the diminutive children’s favourite and his cream-coloured pal Chas change (or, er, morph) into a couple of seasoned

This year, I’m swapping my debit card for a credit card. It’s not because I’m starting 2017 in the red. It’s to make sure I stay comfortably in the black. My New Year’s resolution is to make my money go further – and this is where my credit card comes in. I’ve taken inspiration from friends and family who’ve long been rewarded for paying for virtually everything other than their mortgage and bills on credit. I’ve watched as their spending has earned them perks including concert tickets, meals out, hotel stays and even free flights. So my plan is to do what they do – pay for everything that doesn’t

Amid the cacophony of moaning and groaning accompanying this week’s nationwide return to work was an eye-catching headline from satirical site The Daily Mash: ‘So we meet again, Southern tells commuters’. As someone who used to brave the Northern line on a daily basis, I can imagine the impending sense of doom felt by thousands of Southern customers as January 3 edged ever closer. Months of disruption thanks to staff shortages, industrial action and, if social media is to be believed, complete ineptitude on the part of the train operator, is enough to give anyone a New Year hangover. And now, what fresh hell is this? More strikes on the horizon,

If you’re planning on buying a second property this year, then help is at hand thanks to Spectator Money. Stamp duty costs, mortgage tax relief changes and the possible impact of Brexit are just a few things to consider when buying a second home, a holiday home or a buy-to-let in 2017. Price versus Value ‘Location, location, location’. This age-old saying still speaks volumes. When searching for a property, you’ll benefit in the long run if you do your homework at the outset. Infrastructural changes have a direct knock-on effect with property prices, as does the weather and local amenities, such as roads, schools and shops. If you can search out areas that

What happens if you wander into Tesco, help yourself to some food and walk out without paying? I haven’t tried it but I reckon those big burly security guards that Tesco employs (well, they do in my corner of South London) will be straight after you. The police will probably turn up blue lights a-blazing, arrest you and it will all end up in court. At best, you’ll have to pay Tesco for the food. At worst, you’ll have a criminal record. But the law works a bit differently when it comes to landlords and tenants. While rogue landlords face various fines and penalties, tenants are seemingly free to fleece

Unwanted Christmas gifts have always been part and — excuse the pun — parcel of the festive season, whether it’s an unfeasible number of French hens, or an over-pungent celebrity-endorsed Myrrh bath oil. We all have our favourite stories of mis-judged pressies: from the husband who bought his wife a gravy separator for Christmas (we are still married), to Auntie Mabel’s attempts to buy fashion items for a 14-year-old. Nationwide, the value of these duff gifts is now estimated to be some £2.6 billion, according to a recent survey by Triodos Bank. Among the most unpopular gifts are Christmas jumpers, onesies, celebrity autobiographies, novelty socks and kitchenware. That’s what charity

When the Bank of England is not indulging employees with the kind of taxpayer-funded hospitality that would make a bailed-out banker blush, its lofty and unelected officials might like to consider how they could help us ordinary mortals in the new year.  It has emerged that the Old Lady of Threadneedle Street spent nearly £100,000 of our money on its annual summer party, just weeks after the Brexit vote tossed the country into economic and political turmoil.  Following a Freedom of Information request, the central bank admitted that it lavished more than £94,500 (excluding VAT) on food, entertainment and the venue for the Governors’ Day event, with nearly another £4,500

My mother is a good woman. But on being greeted by a charming golden retriever, a shaking red bucket and the dog’s well-meaning human handler from a local animal charity, a line had been crossed, even for her. Having already put her hand in her pocket for multiple charities in the town centre while Christmas shopping – from the wonderful Salvation Army brass band playing Away in a manger and the granddaughter she sent forth with a few quid, to the ebullient veteran who offered to pack her bags at M&S for a military charity – as a pensioner with no private income, she felt there was nothing more she could

Skiing as a pastime is now more accessible than ever but for those seeking a home in the Alps, particularly in Switzerland, the market is far from all-inclusive. Recent rules and regulations setting out who can buy what, and where, means it pays to do your research. In the 12 years I’ve worked in Knight Frank’s international research team one of the biggest challenges has been keeping abreast of the new policies, taxes, and referenda that buffet the housing markets in the 55-plus countries that we monitor. Nowhere is this more challenging than in Switzerland. The Swiss, it would seem, love a referendum. In 2012 Switzerland passed a new law