Think your pension is inflation-proof? Prepare for a shock

Out of pocket: pensioners will be hit by soaring inflation in the coming months

Millions of retirees who think their incomes are protected from inflation could face a rude awakening in the coming months By Stephanie Hawthorne, Financial Mail on Sunday Published: 9:53 p.m. BST, 14 May 2022 | Update: 10:22 BST, 15 May 2022 Millions of retirees who think their incomes are protected from inflation could experience a … Read more

Zara charging £1.95 for online returns to drop-off points

Return fees for deposits: Fashion giant Zara now charges online customers a fee for returns at third-party drop-off points

Zara now charges online shoppers £1.95 for returns at third-party drop-off locations: Could online returns payment become the norm? Zara now charges a £1.95 fee for online order returns to third parties Returns of online orders in Zara stores are always free, the group said. One in three fashion items purchased online returned, findings show … Read more

Consumers ‘put the brakes’ on shopping habits in cost of living crisis

Always so much shopping?  Consumers have 'curbed' their shopping habits due to soaring cost of living, BRC-KPMG data reveals

Consumers have ‘curbed’ their shopping habits due to soaring costs of living, new data shows, as warnings intensify over essential bills. The latest BRC-KPMG Retail Sales Monitor revealed that sales fell in April after a sharp drop in consumer confidence. Separate figures from Barclaycard showed credit card spending was rising for essentials but slowing for … Read more

Genesis electric GV60 coupé set for Euro debut, says RAY MASSEY

Sleek: The first electric car from Genesis, the GV60 coupe crossover

Britain’s poshest motor show gets under way next week, with eight new cars making their debut at the three-day event. That includes the sleek GV60 coupé crossover utility vehicle, which makes its UK and European debut at Salon Privé London taking place at the Royal Hospital Chelsea from Thursday to Saturday, April 21 to 23. … Read more

Phil Spencer on property prices and top tips for home movers

Views: Phil Spencer believes there is a 'bottleneck' in the UK housing market due to low listing levels

Views: Phil Spencer believes there is a ‘bottleneck’ in the UK housing market due to low listing levels We asked Phil about real estate prices, advice for first-time buyers and the thorny subject of overdevelopment in some parts of the country. Home move Although the moving process “should be an exciting process”, problems usually arise … Read more

Student loan interest rates shouldn’t be 12% – and RPI must be ditched

Flying high: Inflation is at its highest level in 30 years and the RPI, at 9%, on which student loan interest rates are based, is even higher than the CPI at 7%.

There is perhaps no more important time to educate people about their finances than when they begin to take responsibility for it. Sadly, the last two decades have seen Britain make a colossal hash of it, as students have been forced into an increasingly crazed financial system. The latest chapter in this sad story involves … Read more