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The latest news

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Consumer news…

Pass on your wealth without paying a penny to the taxman

Today

Of all the taxes we have to pay, inheritance tax is perhaps the most hated. It has cost the British public £5.4bn in the past tax year alone — almost double the amount paid eight years ago.

Bidders circle around British Steel amid frantic effort to find buyer for collapsed firm

Today

British Steel flopped after the Government refused to supply £30million to keep it going – which Business Secretary Greg Clark said would have been illegal under EU ‘state aid’ rules.

MARKET REPORT: Roller-coaster ride puts Merlin under pressure

Today

San Francisco-based hedge fund Value Act, run by Jeffrey Ubben, wrote to Merlin’s chairman Sir John Sunderland claiming the market is undervaluing his business.

FTSE LIVE: Pound inches up despite turmoil

Today

At the end of a tough week, the pound was up 0.19 per cent against the US dollar and 0.04 per cent against the euro this morning, despite Theresa May being on the verge of being pushed out the door.

Karren Brady's tips to help your child get ahead

Today

We speak to Baroness Karren Brady, vice-chair of West Ham Football Club, who is best-known as one of Lord Sugar's trusted assistants on BBC's The Apprentice.

Could paying wages weekly help the self-employed save more into their pensions?

Today

This is Money is campaigning for change to support the self-employed to save for retirement. As part of the campaign, Peter Briffett, of flexible pay app Wagestream, shares his perspective.

Citizens Advice is concerned the electricity grid won't cope with EVs

Today

Citizens Advice has called for a new 'smart' charging scheme that would reduce the impact on nation's electricity supply by rewarding plug-in car owners with cheaper tariffs at unsociable hours.

Asda merger is blocked for a decade: Questions over future of Sainsbury's chief 

Today

It is a further setback for chief executive Coupe, 58, whose job is said to be hanging in the balance after he was criticised for pursuing the failed merger and taking his eye off the day job.

ALEX BRUMMER: Paralysis grips the eurozone - All the more reason for the UK to strike out on its own

Today

A critical task for the European Parliament will be to choose Jean-Claude Juncker’s successor as president of the Commission. German Manfred Weber is seen as the favoured candidate.

Will second generation smart meters affect prepayment customers?

Today

I heard the new second generation smart meters don't have the keypad the first generation meters do, that lets you top up manually if the network goes down. Is it true?

Make your baby a future millionaire: How to help secure your loved ones' financial future 

Today

For generous parents and grandparents who want to lend a helping hand, there are many ways to boost youngsters' finances. The earlier you start, the longer you have to build up a nest egg to pass on.

How do I set up lasting power of attorney to protect pension investments?

Today

Seven out of 10 over-55s have not set up lasting power of attorney, according to Zurich. A financial LPA allows people you have selected to manage your money if you become incapacitated.

Which? accuses hotel booking sites of continuing to skew search results

Yesterday

An investigation by the UK-based consumer champion found some sites are still using these tactics to put pressure on holidaymakers to book during the summer holiday season.

Investment boss Andy Brown awards himself a £46m pay package – despite seeing his fund shrink

Yesterday

Brown, chief executive of investment firm Cedar Rock Capital, has been dubbed the 'British Warren Buffett' for his successful long-term investing strategy which is similar to that of 88-year-old Buffett.

BT bows to investor anger and slashes ditched boss Gavin Patterson's final bonus in half

Yesterday

The telecoms group was originally set to pay Patterson (pictured) a £1.1m bonus for 2019 – but this was cut to £572,000 after shareholders raised concerns.

City watchdog faces probe over over its failure to stop LCF savings scandal

Yesterday

Administrators say Money was funnelled to ventures such as holiday developments in Cape Verde – benefiting a group led by Simon Hume-Kendall, pictured with wife, Helen.

MPs drag Lloyds chief Antonio Horta-Osorio in to explain his vast pension payments 

Yesterday

Antonio Horta-Osorio has been summoned for a public grilling by the Pensions Select Committee over the contributions which Lloyds makes towards his pension pot.

Thomas Cook thrown lifeline as a private equity firm makes a bid for its Nordic operations

Yesterday

The troubled travel operator is in talks with Triton about its businesses in Denmark, Finland, Norway and Sweden, which could be worth hundreds of millions of pounds.

Good news for drivers as oil prices slump 5% in their biggest drop for six months

Yesterday

Brent crude fell to around $67 a barrel last night. This mirrored a fall in stock markets - which have been battered by the escalating trade tensions between America and China.

Eurozone in the economic doldrums due to weak global demand and political turmoil

Yesterday

IHS Markit said the gloomy conditions had knocked business confidence on the Continent. Its latest index of economic activity nudged up to 51.6 this month from 51.5 in April.