Japanese conglomerate Softbank, the owner of the Cambridge-based firm, is lining up investment banking giant Goldman Sachs to lead the listing. The move suggests Softbank is set on listing Arm in New York but it has sparked a backlash in the UK, with many seeing the firm as a jewel in the crown of the British tech sector. A number of leading politicians want to see Arm listed in London, including Business Secretary Kwasi Kwarteng who hopes that it will encourage other tech companies to follow suit.
Drivers caught handling phones to get £200 fines and six points from TODAY under new 'zero tolerance' rules - but what if you touch a phone in a mount?
Handling a phone in any way, from touching the screen to scroll a music playlist, browse the internet, take a photograph or play a mobile game is now strictly prohibited, and these rules apply when stopped at a red light or stuck in traffic. The only exceptions are for making calls to emergency services when there is no safe place to pull over and to use contactless payments like Apple Pay at fast-food drive-throughs and to pay tolls, while hands-free calls are still permitted. Drivers will still legally be allowed to use their phones as sat-navs if they are secured in a mount on the windscreen - though you can still be punished if the police believe a driver is touching a device in a cradle.
MARKET REPORT: Go-Ahead tracks higher after it lands multi-million-pound contract to continue running UK's biggest rail network
The company rose 7.4 per cent, or 55p, to 798.5p, after the Department for Transport awarded it a three-year agreement to run the Thameslink, Southern and Great Northern rail services from the start of April. It will also cover the Gatwick Express airport link from London's Victoria station. The award will bring some relief to Go-Ahead after it was slapped with a £23.5m fine by the DfT last week for its mishandling of the Southeastern railway franchise.
Beware the car clones causing misery: From mystery parking tickets to buying stolen cars and how RAY MASSEY ended up 'in a high speed chase'
So-called 'car-cloning' is on the increase as criminals steal the identities of cars in a variety of scams that leave thousands of innocent motorists with parking tickets and speeding fines for which they're not responsible. But in the worst cases, consumers are tricked into unwittingly buying stolen cars - with a false number plate and identity - and left thousands of pounds out of pocket when the vehicle is impounded and returned to its rightful owner.
What kind of investor are you? From the newcomer, to the cautious saver, or keen stock or fund picker, we ask an expert for strategies for investing tribes
Investing can be an effective way to build your wealth but that doesn't mean everyone is on the same journey. Each investor will have their own goals, time horizon and risk appetite they need to be aware of when putting money aside. Rob Morgan, of wealth management firm Charles Stanley , helps us explain how to decide what type of investor you are and the strategy you should use.
CRANE ON THE CASE: TSB down-valued my house by £1.3MILLION when I tried to remortgage... and made me miss out on a super-low rate
I bought my house in South East London 11 years ago for about £1.7million. I currently owe around £1.3million on the mortgage, for which I pay around £2,350 per month. Last November, I noticed the extremely low mortgage rates on the market and decided to remortgage to a five-year fixed rate of 0.89% with my current lender, TSB. I calculated that this would cost me around £950 per month - a huge saving. I had the house valued by three estate agents at between £2.6million and £2.8million, which would give me just under 50 per cent equity at least. But when I tried to remortgage TSB said my house was valued at £1.3million: half of what the local agents said and £400,000 less than I paid for it 11 years ago. It doesn't make sense as property prices are rising fast in my area. Could they be looking at the wrong house?
Do you like to be beside the seaside? Five of the most expensive dream coastal homes for sale around the British Isles revealed
We revealed some of the most expensive homes for sale around Britain's shoreline. Pictured (clockwise from top left and then centre) are: A nine-bedroom home in the Southampton village of Warsash, a five-bedroom house in Cornwall, a five-bedroom townhouse in Brighton, a five-bedroom home on the island of Jersey and a five-bedroom house in Santon on the Isle of Man.
Boris promises a tenfold increase in electric car charging points by 2030: Government targets 300,000 public devices by the end of the decade
The Government has unveiled fresh measures and £1.6billion in new and existing funding to bolster the charging network from 30,000 to 300,000 devices by 2030 in a report published by the Department for Transport. However, industry insiders say the target might not go far enough to match demand for plug-in vehicles in the lead up to the ban on sales of new petrol and diesel cars from 2030.
SIMON LAMBERT: Sunak's National Insurance cut and 5p off petrol will barely ease the cost of living pain - but the OBR's stark charts show how hard that is
Was that enough? When Rishi Sunak stood up to deliver his Spring Statement, the nation awaited news on what he would do to help with the cost of living crisis. A measure of that came just a few hours earlier when the ONS revealed CPI inflation had hit 6.2 per cent. That meant Sunak faced a challenge chancellors haven't seen for three decades: how to placate a nation whose bills are rising this fast?
Battery storage funds can profit from the push for green energy: Investors are reaping 5%-plus dividends from making renewable power reliable
A number of investment trusts are targetting an area of the market considered essential for the future of green power - energy storage. Two of those leading the way, Gresham House Energy Storage and Gore Street Energy Storage, have dividend yields above 5 per cent and posted total returns of 23 and 20 per cent, respectively, over the past year.
Five ways to boost your finances in the cost of living crisis: From help with budgeting and keeping track of spending, to making more of savings
While many of price increases people are facing are are unavoidable, there are several ways to give your finances a boost to ensure you are better able to withstand this difficult period and plan for the future. Plum reveals five top tips and how you could win £20,000 by opening a Stocks & Shares ISA - and continue to enjoy the benefits investing can bring long down the line.
Are vampire appliances sucking your cash? How 23% of your electricity bill may come from devices you aren't using
Our energy bills are soaring but many of us may be paying more than we need to, with electricity being drained without us knowing.'Vampire devices' wreak most of their damage at night, draining power when left on, even when not in use. A recent study by British Gas, the UK's largest supplier of electricity, estimated that as much as 23% of our electrical usage could be put down to vampire energy.
My heat pumps work a treat and should dramatically cut my bills - but they cost me £25,000 to install!
Chancellor Rishi Sunak is planning to introduce cheap taxpayer-backed loans to help homeowners install heat pumps, solar panels and other energy efficient measures to combat rising fuel bills. But anyone contemplating switching from a traditional boiler to a heat pump needs stamina, patience and, most of all, substantial savings.
How to invest in a Isa to try to beat inflation: Five fund and investment trust tips, from, safety first to going for global growth
Judging by recent weeks on the stock markets, you can understand why savers might feel like staying clear of investing. After spending much of the past two years pushing from one high to the next, markets have endured a tricky three months. Yet personal finance experts say investing remains one of the most reliable ways to grow your savings - provided it's done responsibly.
Families are feeding themselves using buy now, pay later: Now Natwest becomes first High St bank to offer the easy credit
Like many online shoppers, Student Synthia Gazi (pictured) was first tempted to use buy now, pay later services to buy clothes. But the controversial lenders are now touting their credit for everything from food to travel - and critics fear this easy credit will drag struggling households into debt as the nation faces a cost-of-living crisis.
What does the average property asking price get you? We take a look at six homes you can buy with a budget of £355,000
Values have increased a significant 10.4% during the past year to reach an average of £354,564, according to Rightmove. We take a quick look around the country to find some average prices properties, each displaying a price tag of £355,000. Pictured (clockwise from top left): A four-bed detached house in Worcestershire, a four-bed semi-detached house in Wales, a five-bed detached house in Scotland, a four-bed detached house in County Durham, a one-bed leasehold flat in East London's Wapping, and a three-bed detached house in Devon.
Next cuts sales and profit targets after shutting operations in Russia and Ukraine - and says customers will face price hikes of 8% later this year
Next has cut its sales and profit targets after shutting its operations in Russia and Ukraine. The London-listed retailer said earlier this month it was winding down its Russian distribution site following the Kremlin's invasion of Ukraine. It said the closure of websites in both Russia and Ukraine will knock around £85million off its sales forecasts for the current financial year.
From a pandemic crash course to a war: It's been a whirlwind two years for Rishi as Chancellor, so what could happen next to the UK economy?
Rishi Sunak has been in Number 11 for barely two years but in that time he has been both a pandemic and a wartime Chancellor. He was hoping the Spring Statement would be just that - an update on the economy and public finances ahead of an autumn Budget that sets the Tories up for the next general election.
We want to sell our home but should we set an asking price, try offers in excess of, or even go for a secretive price on application?
We are planning on putting our home on the market soon. We have noticed that although most properties have an exact asking price, there are some that don't. For example we have seen some ask for 'offers in excess of' a specific price, whilst others give a 'guide price' or range. There are also some with just say 'POA' and no price at all, which seems rather unhelpful. Is there any advantage to this?
Rubble to riches: Remains of a rare 1963 AC Ace classic car that was stripped down for restoration 43 YEARS AGO sell for £202,500
Some classic car projects can take longer than others. But this particular example has been 43 years in the waiting. This rare AC Ace was taken off the road by its owner in 1979 before being broken down into individual parts ahead of a piece-by-piece restoration. However, the refurbishment failed to materialise, leaving the classic car in a pile of components waiting to be put back together. Last week, the mortal remains of the now-collectable 1963 motor were offered at a UK auction to the highest bidder, with the winning enthusiast forking out over £200,000 for the stripped-down vehicle. Inset right, how the car could look once fully restored.
We're considering equity release to help fund our retirement, how do we make sure our home is protected and get advice?
We are in our 60s and will be retiring this year. We have paid off our mortgage, and our home has increased in value substantially since we moved in 25 years ago. A friend told us that they took cash from their home using equity release, and we think this might be an option for us, too. How can we be sure that our equity release provider is trustworthy, and, and that we will be able to stay in our home no matter what? We also want to be sure that the interest will not spiral out of control, leaving our family with big bills to pay after we have gone.
I've already built up 48 years of National Insurance towards a state pension, so do I need to pay any more? Steve Webb replies
I have a near full employment history of making NI contributions, the majority of which were made under contracted out arrangements. Having accumulated 48 years full contributions by April 2021, is there any benefit or indeed obligation to make Class 3 contributions in order to protect the amount of pension I should receive? I have seen a comment and advice on your website which records HMRC's view that there is an obligation to continue to pay NI contributions, but I presume this was due to the person seeking the advice still being in employment. My situation is different in that I am currently unemployed and retired.
Should you invest in a Lifetime Isa to boost your house deposit? How the 25% bonus works and whether to save in cash or stocks & shares
Anyone wanting to save a deposit to buy their first home should consider putting money into a Lifetime Isa - and earn a 25 per cent bonus on contributions. Alternatively, the Isa can be used to save for later life, as the cash can also be taken out at the age of 60, but if it is taken out before then for anything other than a first home purchase then a hefty 25 per cent penalty applies.
Blue Whale manager Stephen Yiu on the INVESTING SHOW: Why I ditched Facebook for better and more reliable growth opportunities
The Blue Whale Growth fund has proved a hit with investors since its launch almost five years ago, richly rewarding them with an 82 per cent return. But investing conditions have changed dramatically over the past six months, with inflation seemingly far more persistent and less transitory than central banks expected, leading to a shift in the interest rate environment and a sell-off for high-flying growth stocks. Manager Stephen Yiu joins Simon Lambert to discuss whether his investment outlook has changed, how the recent shake-out has affected the Blue Whale portfolio and where he sees the best opportunities now.
Choosing the right DIY platform is crucial but a wealth of choice and a variety of charges can leave investors scratching their heads. We pick some of the best. We pick some of the best. We also highlight why investing in an Isa makes sense, as it should protect your hopefully growing investments from tax forever.
Premium Bonds Winners
|Prize||Area||Value of bond|
|£1,000,000||Cheshire West and Chester||£8,000|