Santander has been criticised by brokers after announcing that borrowers on a tracker mortgage will only start to see rates go down from 28 December, despite a cut to the interest rate today. Read this and the rest of today's personal finance and consumer news below.
Much is being made of a rally in Tesla's value in the aftermath of Donald Trump's election victory.The company's largest shareholder, Elon Musk, campaigned for Mr Trump.A rise in its stock value yesterday continued this afternoon, and comes as the value of other EV companies falls.Kathleen Brooks, research director at XTB, offered this analysis...'Tesla was a standout performer on Wednesday as Elon Musk's strong ties to Trump boosted the prospects of the company.
'While it can be useful to have friends in high places, the rise in Tesla is out of synch with declines in other renewable companies on the back of Trump's win.'Rivian's stock price has slumped in recent weeks, as the Trump trade has taken hold.
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Money blog: Santander criticised after saying its tracker rate won't fall for seven weeksSantander has been criticised by brokers after announcing that borrowers on a tracker mortgage will only start to see rates go down from 28 December, despite a cut to the interest rate today. Read this and the rest of today's personal finance and consumer news below.
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Money blog: Should you give money directly to a homeless person?What's the best way to help a homeless person? We've spoken to charities and people who've lived on the streets - and conducted a poll to get your views. Read and comment below, and we'll be back with live updates in the Money blog on Monday morning.
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Money blog: Dental product bought by millions is complete waste of money, top dentist saysOff-the-shelf whitening products are a waste of money, a top dentist has told Money. Read this and the rest of today's consumer and personal finance news below. You can also submit a question for our budget Q&A tomorrow - or leave your thoughts on the measures we are expecting.
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Prosecutors, defense ask to delay start of Karen Read's second criminal trialProsecutors and the defense in Massachusetts' high-profile Karen Read case filed a joint motion to push back the start her second criminal trial.
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Prosecutors and defense want to delay start of Karen Read's second criminal trialProsecutors and the defense in the high-profile Karen Read case have filed a joint motion to continue the start her second criminal trial.
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Money blog: 'Someone was killed in my house - do I need to tell buyers?'House sellers must disclose information likely to impact the decisions of buyers, a lawyer tells Money. Read this week's Money Problem, and personal finance and consumer news posted through the day, below. You can WhatsApp us your Money Problem via the link in today's post.
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