Money Mail
Your complete guide to personal finance and investing with news, predictions, advice, guides and opinion from the financial website of the year.
Updated: 10 min 38 sec ago
Supermarket giant Tesco uses another name to sell through online retailer Amazon
Tesco giant has been revealed as the ultimate seller of a range of goods – including DVDs and computer games – marketed on Amazon under the trading name of Oakwood Distribution Ltd. Oakwood is a subsidiary of Tesco.
Economy set for another £50bn boost as Sir Mervyn King expected to restart printing presses
In what would be the sixth round of quantitative easing, the Bank’s Monetary Policy Committee is likely to take the total of its money-creation programme to a minimum of £325 billion, the equivalent of more than 22 per cent of gross domestic product.
Battle against business rate rise gains ground as affluent Henley-on-Thames is being crushed
Independent shop owners are lining up to condemn Government plans to raise business rates as Financial Mail’s Reduce Our Rates campaign continues to attract a groundswell of support this weekend.
LISA BUCKINGHAM: Glencore boss may have as much sense as money
Any number of good-looking mergers have fallen apart because boardrooms didn’t want to give way. So we must listen a bit more seriously to the merger plans of Glencore and Xstrata.
TAKING STOCK: Facebook will be hit hard if it misses its float expectations
According to Facebook’s flotation prospectus last week, its users have registered 100 billion ‘friendships’ since the social network was founded in 2007. But if Facebook floats at anything like the values suggested, it will have to meet some very high hopes. If it fails, founder and chief executive Mark Zuckerberg will need every friend he can get.
¿John Lewis¿ bank passes Deputy Prime Minister Nick Clegg test but breaks the law
Swedish bank Handelsbanken, which has been operating in Britain for 29 years and has 119 branches, has been unable to award a share of profits to 900 British staff last year because of tax avoidance legislation introduced in the 2011 Finance Act.
Expensive lenders tempt women to borrow, but firms want self-regulation
Financial Mail has discovered several websites featuring pictures of young women laden with colourful shopping bags, though the industry claimed last week it was capable of 'setting the standard of self-regulation and consumer credit'.
Revealed: The full cost of 'cash-saving' warranties
The results of a year-long investigation into controversial extended warranties are about to be published – raising fresh doubts over their value to consumers and the way in which they are sold.
Text spammers from 'shady' firms will face fines of £500,000
Text spammers – mass senders of unsolicited texts – come in many guises. But from this month they face fines of up to £500,000 as the authorities attempt to clamp down on a fast-growing problem.
DAN ATKINSON: A guarantee of permanent austerity in the eurozone countries
Germany’s real achievement at last week's EU summit was the inclusion in the fiscal compact of what amounts to a balanced budget rule on eurozone countries. If implemented (a big if) it would be a cast-iron guarantee of permanent austerity.
JEFF PRESTRIDGE: Arch Cru investment fund scandal and the lengthy list of shame
The Arch Cru scandal is probably the most damaging affair to hit the retail investment fund management industry since Morgan Grenfell fund manager Peter Young was found to have defrauded investors. The Arch Cru affair – although smaller in scale – has still caused irreparable reputational damage to all parties involved
Row over bonuses is damaging London's reputation as a place to do business, say top bankers
Government ministers have been accused of trying to gain public favour this week by stripping former RBS chief Fred Goodwin of his knighthood and pressurising RBS boss Stephen Hester to reject a £1million bonus.
Government launches £1m Mary Portas pilot scheme to revive town centres
The Government is looking for 12 areas to share £1million funding in a bid to regenerate town centres and high streets as part of last year’s review by Mary Portas.
Lloyds TSB and Halifax stop offering pet cover leaving 50,000 owners to face huge veterinary bills
Many who have sick cats and dogs will be unable to find pet insurance elsewhere, as other firms will not cover animals that have already been treated.
FSA puts 'sale and rent back' deals on hold after review shows poor practice in the sector
The FSA found that some firms did not fully assess how appropriate an agreement would be for the customer and simply allowed them to enter into it because they wanted to.
Retiring workers lose up to £1bn as they are cheated by 'murky' industry
Each year, around 450,000 people use their accrued pension to pay an insurance company for an annuity that gives them an income for life. The National Association of Pension Funds describes it as a ‘toxic’ system that short-changes thousands of people every day.