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  • Budget increases to income tax thresholds gift £340 to higher rate payers

    November 22, 2017 9:18 PM 17

    Higher rate taxpayers will see their personal income tax bill cut by up to £340 next year, while basic rate workers will see a lower annual reduction of around £70. But national insurance contributions - whose limits rise in line with consumer price inflation - will distort the picture of the total taken from salaries via PAYE: lower rate payers will pay £30 less NICs a year, and higher-rate

  • Aston Martin takes on Porsche with the launch of its £120,000 Vantage

    November 22, 2017 2:33 PM 15

    Aston Martin has launched a £120,000 195 mph two-seater designed to take on German car maker Porsche’s 911. The James Bond car maker is hoping the Vantage will propel it towards its first pre-tax profit since 2010. It also moves its recovery plan up a gear ahead of a speculated stock market flotation. Chief executive Andy Palmer said the car ‘will be our biggest

  • What is an Isa? We explain what they do, how to pick the best one for you and how they can make you richer

    November 22, 2017 8:10 AM 8

    Atom Bank pays a best-buy 1.85% AER on its one-year fixed term deposit account. The account is operated online or via its smartphone app.Minimum deposit is £50. RCI Bank pays 1.3% AER variable interest on its easy access deal. Deposits in its Freedom Savings Account have no FSCS protection, but you are covered for up to €100,000 by the French equivalent

  • The home that takes SIX hours to build: Flat pack family house costing £25,000 can be collapsed and moved to a new location and is even earthquake proof

    November 21, 2017 12:41 PM 14 1

    This is the innovative flat pack folding home which costs just £24,800, takes only six hours to build and can be collapsed and moved to a new location. Photos show components of the M.A.Di Home being produced in a factory in Italy, transported by truck and being unfolded and easily assembled on site. Time-lapse photos show the modern earthquake-proof

  • Care home operator Four Seasons faces administration as its main lender and private equity owner clash

    November 19, 2017 10:24 PM 16

    Care home operator Four Seasons is facing administration as its main lender and private equity owner clash in a £136million tug of war. The legal row centres on whether 24 care homes are part of Four Seasons. US hedge fund H2 Capital, which owns most of Four Seasons’ £525million bond debt, claimed it had control of the assets, which were bought by Terra

  • Dutch in tax war to lure Unilever away from UK as Marmite-maker could drop London listing

    November 18, 2017 10:30 PM 23

    The Dutch government has been accused of waging ‘war’ on the UK and using Brexit to lure Marmite-maker Unilever away from London. Unilever, which also owns Dove, Persil and Magnum ice creams, is understood to be close to a decision that could see it quit the City. It currently reports to both the London and Amsterdam stock exchanges but is considering

  • New horizons for MediaCityUK communications manager

    November 17, 2017 2:06 PM 46

    The communications and marketing manager at MediaCityUK is moving to the BBC. Niamh McKenna has been appointed as assistant publicist at the public service broadcaster. She will join the BBC North PR team, based at Quay House in MediaCityUK, from November 20. For the past 18 months she has worked for Peel Media, delivering PR, marketing and social media

  • Brompton bike boss claims the Brexit 'momentum of fear' is damaging the economy

    November 16, 2017 9:52 PM 18

    The boss of Britain's biggest bicycle-maker has warned the anti-Brexit campaign is causing small businesses to panic and damaging the economy. Brompton Bicycle's managing director Will Butler-Adams claimed firms would be able to cope if Britain left the European Union without a trade deal, which would see exports to the Continent face tariffs of 10 per cent under

  • BT sells broadband to pensioner who doesn't have a computer or use the internet, more than doubling his monthly bills

    November 15, 2017 10:39 AM 22

    BT flogged a broadband deal to a pensioner who does not own a computer or use the internet, more than doubling his monthly phone bill. Richard Hood, 79, from Chingford, North East London, says he was called out of the blue by BT and told he could get a new phone deal that would save him money. But after he switched, Richard, who has never used a computer

  • Premium Bond holders have a better chance of wining as odds are shortened to 24,500 to 1

    November 15, 2017 8:50 AM 15

    About 21 million Premium Bond holders have the chance to earn more prizes from next month’s draw with shorter odds. The amount paid out yearly from the £71 billion held in Premium Bonds at National Savings & Investments (NS&I) will rise to 1.4 per cent from 1.15 per cent from next month. It is the highest rate since the Premium Bond prize fund was cut from 1.5 per cent in August