It’s the modern malaise: online fraud. In a world where so many of our transactions happen over the internet, it’s little wonder that fraudsters have descended on the web in droves. The latest statistics paint a bleak picture. According to the Office for National Statistics, there were 11.5 million incidents of crime relating to computer misuse
A decade ago, while working for a national newspaper, I forced the then Labour government to release documents under the Freedom of Information Act. The papers showed that Gordon Brown defied repeated warnings from his own officials about the potentially devastating impact of this £5 billion-a-year raid on pension funds and went ahead with it
This week’s Best Buys, provided by Moneyfacts, are Two-Year Fixed Rate Bonds.
When the sun shineth…go shopping. That’s what we did in our droves during April, boosting retail sales by 4 per cent compared to the same month last year. According to the Office for National Statistics (ONS), anecdotal evidence from retailers suggests that good weather contributed to growth in sales, which increased by 2.3 per cent in the three
With the news dominated by the political parties’ respective manifestos, there’s a lot of information to digest. At the time of writing, the Conservatives are attempting to demolish Labour’s economic pledges, the Lib Dems have pledged a second EU referendum, and the UK Independence Party is, well, who cares what UKIP is doing. At the
There’s more doom and gloom for households today as new figures reveal the first decline in real earnings since September 2014. According to the Office for National Statistics (ONS), earnings growth slowed in the three months to March, at 2.1 per cent, compared to previous data which showed wages, excluding bonuses, grew at 2.2 per cent. This
Ah, Chelsea. Or in my case, ah, Tatton. It’s that time of year again when the Royal Horticultural Society revs up for its slew of annual flower shows, allowing us green-fingered enthusiasts the chance to seek out the lesser-spotted Titchmarsh and the perennially pleasing Monty Don. It’s also a good time to do an inventory of our
There’s bad news for households this morning following the news that inflation has soared to its highest level since September 2013. According to the Office for National Statistics (ONS), inflation is now at 2.7 per cent, up from 2.3 per cent in March. This is some way above the Bank of England’s stated 2 per
In the wake of Friday’s international cyber attack, it was logical to assume that yesterday’s complete shutdown of the Manchester tram system was another casualty of malicious ransomware. But bosses at Metrolink say the closure was due to a technical fault in the control network and has now been resolved. For a city that has
This week’s Best Buys, provided by Moneyfacts, are Five-Year Fixed Rate Buy-to-Let Mortgages.
I am immensely cheered by the news that one of the worst perpetrators of cold calling has been fined a record amount for making almost 100 million nuisance calls. The Information Commissioner’s Office (ICO) has issued its highest ever penalty of £400,000 to Keurboom Communications after more than 1,000 people complained about recorded – also known
As I watched the water creep across the kitchen floor, powerless to prevent a mini tsunami, I had an inkling of how it must feel to be the victim of flooding or burst pipes. By the third time the water invaded my kitchen, I was at the end of my tether. It later transpired that
Do we trust politicians? Is that the same as asking if we trust estate agents, door-to-door salesmen or, er, journalists? According to new research by Comparethemarket.com, consumers overwhelmingly believe that the main political parties and their leaders do not understand the financial anxieties of ordinary people and that the next government will not have the
I’m in one of those moods. The one where I’m beset by delusions of adequacy, I can’t work up the energy to pretend I like people, and every email is filled with doom and gloom and stories of bad behaviour. Which brings me to today’s missive from the comparison site uSwitch. According to new research, consumers
As lenders’ names go, The Bank of Mum and Dad is rather appealing. There’s instant brand awareness, the prospect of small or non-existent interest rates, and the likelihood that financial negotiations will end with a hug and a few happy tears. I’m a member of this institution. When I moved back up North following 14
This week’s Best Buys, provided by Moneyfacts, are Two-Year Fixed Rate Bonds.
The wrangling over key policy areas in the upcoming general election has begun in earnest. If you’re already tired of the political argy-bargy, don’t worry, there’s only, ahem, six weeks to go. Stay with me though, because there’s one topic in the personal finance arena that really, really matters. The triple lock state pension guarantee.
On any given day, there’s a slew of personal finance stories. The most eye-catching are the ones that make it onto the BBC‘s radar, appear on Sky News, are printed in the pages of the national press, and pepper the best-read financial websites. Today we’re all hearing about energy firms’ opposition to a Conservative pledge to
I’ll never forget the estate agent who tried to flog me my first flat. As I waited on the kerb in North London, he roared up in a Mercedes-Benz convertible, bling glittering from his hands and neck, a belt emblazoned with the word ‘STUD’ and a knuckle tattoo that can’t be shared in a respectable publication.
I am inundated with press releases, emails and phone calls from PRs, all wanting to talk about their clients, the latest piece of ‘ground-breaking’ research or a news story so innovative that not to publish would have disastrous consequences. While some of these communications are useful and thought-provoking, a fair few are, to use the vernacular,
