• Holidays

    Save money abroad - don't pay with your debit card: If you re jetting off, here's how to avoid being hit by hidden, rip-off charges

    Holidaymakers are being warned to think twice before flexing their everyday plastic when spending abroad. With every transaction in a shop, hotel or bar, a combination of poor exchange rates and hidden card charges can quickly spoil the memory of a good holiday.This dent in the pockets of holidaymakers will be made bigger by the impact of the weak pound.Sterling is worth 12 to 14 per cent less than it was on the day of the Brexit vote, when compared with currencies such as the US dollar and euro. Thanks to the Brexit effect, travellers now get $91 and 94 ...

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  • Money

    JON REES: From the poor to the rich, to the political parties, who pays the biggest price for inflation?

    Prices have risen since the referendum on Brexit last year and as we report below there is more to come with package holidays set to cost us all more, too. The fall in the value of sterling is key. The day after the referendum, it plunged and inflation has risen sharply ever since as we pay more for imported goods.Last June, it was 0.8 per cent and last month it was 2.6 per cent with Bank of England governor Mark Carney saying the big picture for inflation remains the same despite a slight fall last month. [media_photo id="888813" height="381" width="634" ...

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  • News

    Insurers set for backlash as they look to make stage one cancer not 'critical' enough for full cover

    A controversial proposal by the insurance industry to water down the benefits payable from a popular type of financial protection cover has been widely criticised.If the move goes ahead, experts say it will cause irreparable damage to the appeal of protection insurance and harm the industry s already tarnished reputation as consumers accuse it of using technicalities to avoid payouts.The controversy is centred on critical illness insurance which is sold by most leading insurers including Aviva, Legal & General and Royal London. [media_photo id="888800" height="376" width="634" alt="A controversial proposal by the insurance industry to water down the benefits payable from ...

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  • Money

    TONY HETHERINGTON: Can I trust these offers for my carbon credits with advance payments demanded?

    Broken promises: George Burbidge has run a series of failed firmsTony Hetherington is Financial Mail on Sunday's ace investigator, fighting readers corners, revealing the truth that lies behind closed doors and winning victories for those who have been left out-of-pocket. Find out how to contact him below. J. C. writes: Over the past two to three years, I have received offers for my carbon credits, which I bought for 16,000. I have rejected offers of as much as 24,000 because each time the buyers wanted ...

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  • Investing

    MIDAS SHARE TIPS: Internet domain name firm CentralNic has .buy written all over it with its 51.5p share price set to rocket

    CentralNic is a big player in a vital part of the internet. The firm owns and sells top-level domain name suffixes, the letters that immediately follow the dot on website addresses. Its share price is 51 p and this should rise considerably as the business expands.The first top-level domain (TLD) was .mil for the US military. Then American universities were given .edu and the US department of commerce .com. That was back in 1984. Country codes were also established, such as .fr for France.Few people back then had any idea how integral the internet would become to everyday lives, so ...

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  • Investing

    INVESCO INCOME GROWTH TRUST: The 'dividend hero' manager Ciaran Mallon who keeps the tank full to reward investors

    While savers in deposit accounts have never had it so bad, investors who rely on a rising income from shares are basking in the sun.The latest data from share registrar Capita Asset Services shows that dividends paid by UK companies in the second quarter of this year were a record 33.3 billion nearly 15 per cent up on the same quarter last year. The biggest contributors to the overall dividend bounty were HSBC, Royal Dutch Shell, National Grid, Lloyds Banking Group and tobacco giant BAT. [media_photo id="888809" height="422" width="634" alt="Fund manager Ciaran Mallon has been running income portfolios at Henley-based ...

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  • News

    To infinity and beyond! How genius John Lasseter gave Disney back its happy ending and took the legendary studio to new heights

    John Lasseter is boss of the legendary Walt Disney Animation StudiosJohn Lasseter is boss of the legendary Walt Disney Animation Studios and is using a combination of artistry and commercial nous to transform a moribund legacy into a global commercial powerhouse. In the words of one of his creations, Buzz Lightyear, he is aiming To infinity and beyond .The Studios Oscar-winning chief creative officer is also a co-founder of Pixar, which was sold to Disney for $7.4 billion in 2006.Lasseter, 60, produced every Pixar ...

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  • News

    Care UK is hit by a multi-million pound loss despite a healthy rise in revenue

    Care UK is the largest independent provider of health and social care services in the UKCare UK, the largest independent provider of health and social care services in the UK, increased its revenues by 9 million in a year but made a multi-million pound loss because of administrative and financing expenses.Revenues rose from 585 million to 594 million in the year to September 30, 2016. At the same time, its pre-tax losses halved from 154.9 million to 72.5 million.The ...

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  • News

    Victorian printing machines STILL used to print paper share certificates face the axe amid mounting frustration

    Obsolete: Victorian printing machinesAntique printing machines still in use today by Revenue & Customs are a throwback to bygone days and should be abolished, the Office of Tax Simplification is urging.The machines, which were made in the 1870s, are used to stamp transfer certificates for people who buy shares in paper form. The Victorian equipment is in a Revenue & Customs office in Birmingham.The machines have to be shut down at 2pm every day to allow for them to be painstakingly cleaned in preparation for the following day. The OTS said ...

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  • Holidays

    Escape to a paradise holiday at home! Set up the hammock, get the barbecue warmed up - and then go on safari (with a little help from virtual reality)

    The summer holidays have begun in earnest, along with never-ending traffic jams, cattle-class flights, tatty hotels and bad food. Here, The Mail on Sunday looks at the holiday alternative a fabulous low-cost home break which does not even involve stepping out of the front door.Relax - with a garden hammock The British summer may be brief but when the sun is out there is no better place to relax than out in the back garden.A deck chair used to be the way to lap up the rays but these days people are turning to hammocks. Not having palms tree to ...

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  • News

    We don't need a 'time-wasting' EU trade deal for the City, says top lawyer

    Pursuing a trade deal for the City would be a waste of time, according to a leading lawyerPursuing a trade deal for the City would be a waste of time, according to a leading lawyer.Barney Reynolds, head of financial institutions at law firm Shearman & Sterling, said it would be best for Brexit negotiators to press for the City to retain full access to the European Union on the basis that the European Commission has already said ...

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  • News

    Flights search engine Skyscanner increases turnover by 44% as it branches out into hotel and car hire

    Online flights search engine Skyscanner increased its turnover by 44 per cent last year as the company expanded to include hotel and car hire.The company, which is majority-owned by Chinese travel giant Ctrip, was founded in 2003 by computer programmer Gareth Williams and two friends after Williams, a keen skier, became frustrated with the process of searching multiple websites to find the best prices for flights.His idea was to create a single website which could collect, collate and compare prices for all commercial flights. It is now used by 50 million people a month. [media_photo id="888774" height="461" width="634" alt="Online flights ...

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  • Holidays

    A case of the holiday blues: Start saving, travel next year could cost you 9% more

    The cost of a package holiday could jump by 9 per cent next year, according to analysis of two of the country s biggest tour operators.Big travel firms are already marking up prices for summer 2018 as major currency contracts which have protected them and their customers from the worst rises begin to expire, according to research stockbroker Bernstein prepared for investors.Travel operators use hedging contracts as insurance to protect them for as much as 18 months after currency shocks. [media_photo id="888040" height="370" width="634" alt="Staying closer to home? The cost of a package holiday could jump by 9 per cent ...

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  • Small Business

    Sterling's slump forces importers to raise prices by 9% while exporters continue to gain

    While most exporters are benefiting from sterling s slide, importers are suffering and 61 per cent have raised prices by an average of 9 per cent in the past 12 months new research has found.The study, conducted by East & Partners for American Express, found nine in ten small and medium-sized exporters were doing well from the pound s fall, increasing their profit margins by 16 per cent.And 95 per cent of those already exporting are now planning to take advantage of the low exchange rate by increasing exports further over the next 12 months. [media_photo id="888775" height="356" width="634" alt="While ...

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  • News

    Perks of the job are back on offer after credit crunch cuts with employee benefits up by 5% to 8bn

    Staff perks have risen above the 8 billion mark for the first time this decade, according to accountancy group UHY Hacker Young.The value of taxable benefits employees received as part of their remuneration packages has increased by more than 5 per cent to 8 billion in 2015/16 from 7.6 billion in the year earlier.The increase was double that of average wages, which rose just 2.2 per cent in the same period. ...

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