Spectator money

Nuisance calls are the bane of my life – as are unprompted texts. They assault my mobile at all hours, night and day. I find the calls so annoying and invasive that I now leave my phone on permanent silent which kind of defeats the object of a mobile (I don’t have a landline at home). No wonder most of my friends have given up on me – ‘unsociable ginga, never answers his phone’. Of course, my mother, still as matriarchal as she was 50 years ago when I was wearing shorts,  isn’t impressed at all. Voicemail message one:  ‘Jeffrey, why didn’t you answer my last call?’ (Jeffrey, as opposed

A growing number of Brits would rather throw a party than turn on the central heating a few days early, according to a survey out today from TopCashback.co.uk, the cashback and comparison website. To cut heating bills, seven in 10 are taking the obvious step of wearing extra layers of clothing and, slightly less obviously, moping around the house in hats, scarves and gloves. Pubs are increasingly being shunned in favour of drinking at home with friends and family. One in ten are taking the chance of holding homemade cocktail nights and, in a touch evoking echoes of Abigail’s Party, the classic Mike Leigh study in embarrassment, to save on

Bank staff might no longer recognise your face when you walk into a branch – but a banking app might. Biometrics (the authentication of your face, voice or fingerprint) are among the futuristic features offered by a new breed of banks which reckon branch networks, call centres and websites are on the way out. These days it’s all about the app and, in some cases, the app alone. If you want to grab some of the best savings rates on offer, opening and running your account on your smartphone is your only option. Atom Bank is currently topping the tables for one and two-year fixed rate bonds (at 1.4 per cent

Television has a lot to answer for. The terrible reputation of the building trade for one. But not all builders are out to wreck your house, rob you of your life-savings and leave you in need of rescue by Nick ‘DIY SOS’ Knowles, the slightly smug TV-expert builder who goes round making good the mess other builders have left behind. Then again, not all builders are honest, trustworthy and committed to doing a good job. Inviting builders – or any of the associated trades such as plumbers, heating engineers, electricians or carpenters – into your home is a modern minefield, pitted with bitter recriminations and empty bank accounts. Much of

My niece is four-years-old. It’s no exaggeration to say that her social life is better than mine – by some considerable distance. In the past few weeks alone she has attended two kiddie raves (don’t ask), explored the ginnels of Skipton Castle (that’s alleyways to non-Northerners), seen Disney on Ice (Frozen, naturally), made baked apples at CommuniTree in the local park, attended a badge-making course, and spent many happy hours collecting conkers. Over the same period I have sat at my computer, binge-watched DCI Banks, sat at my desk some more, and, er, that’s it. I did go to Skipton but only because my niece was making the trip. Of course, I realise that

Social investment is starting to transform the way that parts of our economy work. Social investments include loans and shares into organisations whose principal purpose is social. They have grown by around 20 per cent a year for the last five years, according to Big Society Capital, the organisation that helps social enterprises and charities to raise finance. It estimates there is now £1.5 billion invested into social-purpose organisations, £427 million of which was new investment last year alone. The market is set to get a huge boost from social impact tax relief (SITR), which some are calling the Government’s best kept secret. SITR started in April 2014 and helps

OK, I’ll admit it. I don’t like Margaret Atwood’s writing. In some circles, this is akin to saying you’re a devil worshipper who spends their weekends ensconced in a dungeon of pain with other ostracised members of the community. Yes, I know she’s a multi-award winning author. Yes, I’m aware she has sold millions of books. But I thought The Blind Assassin – for which she won the Booker Prize – was one of the dullest novels I’ve ever had the misfortune to read. I was willing it to end, much in the same way that I longed for Anna Karenina to fling herself under that train and put both me

Imagine in later years being able to move to your ideal village, a bespoke village, which has everything you want for a great quality of life. So, just a stone’s throw from your front door, there’s a swimming pool, gym, top-class restaurants, hairdresser, golf course, cinema, green spaces and a 24-hour concierge service. Your typical UK retirement village may not be able to offer this complete list of attractions just yet, but some already come close. This is one reason why retirement villages in the UK have seen a boom in popularity in recent years. Yet, all this can come at some considerable financial cost. So are retirement properties really everything they promise?

So, inflation has gone up. Unexpectedly, it rose to a 22-month high of 1 per cent this week, with the full force of a weak pound and other rising prices fuelling the leap. This means more bad news for savers who are already concerned about the eroding power of inflation on their cash. The rise caused a bit of a shock, as many economists had predicted a much smaller increase to 0.8 per cent, up from 0.6 per cent the month before. Now adjusted analysis shows we could see inflation exceeding the 2 per cent target as soon as next year. What does this all mean for savers? Well, there is currently