3 d. ago Voices: Could banning the Bank of Mum and Dad unlock the housing market?

A new mortgage for first-time buyers with a deposit that hasn’t been handed to them on a plate will do more than just help young people get on to the property ladder, says James Moore

Economics

4 d. ago Mum admits helping gangster boyfriend run cocaine ring from inside Forest Bank

Lisa Prescott changed her plea to guilty part way through her trial

Events

5 d. ago Mortgage lender bans Bank of Mum and Dad as it launches new 2% deposit scheme

The new First Step mortgage lets you put down 2% of the property price of the home you want to buy, with a minimum deposit of just £5,000 - but gifted deposits won't be accepted

Economics

5 d. ago ‘The internet already messed her up pretty good’: Dad begs people to stop trying to find ‘Phillies Karen’

‘Please don't do anything to that lady,’ says father who handed over home run ball to aggressive woman at game

Politics

6 d. ago The Bank of Mum and Dad is now doing international transfers (sort of)

Forget travel money queues and bank forms. Parents are finding a smarter way to send cash to kids abroad – and it starts with a free first transfer.

Politics

6 d. ago HMRC to make 'blatant' change to tax the bank of mum and dad

The HMRC is rumoured to be planning a clampdown on the 'Bank of Mum and Dad', with critics warning that it will have a 'drastic effect' on families in the UK

Economics

2 w. ago I used to judge my mother’s gambling addiction. Now I think she was longing for a fairytale ending

Toni Jordan’s mother gambled fast, ferociously, without any sense of fun. The author has come to realise she was dreaming of a bigger life My mother, Margaret, died in 2018 at 75. It was a good death, all things considered. The very end was savage, as endings often are, but she was in her own home and on her own two feet until the final week. For a woman who’d smoked two packs a day all her adult life, who’d never exercised or even walked to the shops, who refused to drink water (“I’d spew!”) and lived on Coca-Cola, paté on toast, jubes and green olives from a jar – considering all that, she did OK.During my mother’s final days, I had it easy. My sister, Lee, lived closer and is, to be honest, a more nurturing person. She’s caring. Patient. Lee is also better with money than me, but I thought I should at least attempt to help – so at the end, I took charge of Mum’s bank accounts. She lived on the pension and died with a run-down brick veneer villa unit in an over-50s complex, an old...

Events

3 w. ago Michael Sheen says prospects for actors from poorer backgrounds ‘quite scary’

Bad Omens star tells Edinburgh TV Festival audience of need for more support for under privilegedMichael Sheen has warned the pathways that helped him break into acting have all but collapsed, as he said the “bank of mum and dad” would be unable to support aspiring actors from poorer communities.The Bad Omens star, who grew up in the working class community of Port Talbot, said he had benefited from school support, youth theatres and grants that have since come under financial pressure or been abolished entirely. Continue reading...

Politics