Telegraph Money 

The week's most important personal finance news, analysis and expert advice, from pensions and property to investment ideas and savings tips.

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By Sophie Christie personal finance reporter

The Labour Party was rocked this week when seven MPs simultaneously quit the party to set up a rival alliance called The Independent Group, as they took aim at Jeremy Corbyn's handling of anti-Semitism and Brexit.

With his party on the brink of collapse, Mr Corbyn has bigger things to worry about than his finances, but the publication of his tax return last week revealed that he shares many of the money problems facing the British middle class, such as cuts to pensions, the personal allowance taper and a baffling tax system.

So, Telegraph Money enlisted the help of accountants and financial advisers to examine his finances and provide advice on ways he can cut his tax bill. We can't help with his political problems, though...

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You have the last word...

Susan Kennedy said about outrage at digital bank Revolut's 'scandal' is naive – in the end it all comes down to money: "Correct. I don't care what values a company has. If it's a service I want, then I use it. There's a lot of faux-outrage in society: Everybody has to be passionate about everything."

Mitchell Neale said about five stellar funds that will make you more money despite their higher fees: "The Fidelity Special Value fund offers what it says on the label but has a large exposure to financials when we are about to enter another financial crisis."

Robert Castle said about the North is to wait another nine months for switchable smart meters: "11bn could have been spent on the construction of a new nuclear power stations or in other infrastructure instead of replacing working meters with new ones that have a short lifespan and probably need to be replaced every 12 years."

Contact us: to pose a question to our team of expert reporters, email moneyexpert@telegraph.co.uk. If you'd like a free financial plan, email money@telegraph.co.uk with the subject 'Give me a Money Makeover'.

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