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ALEX BRUMMER: PENGUIN RANDOM HOUSE SHOULD AVOID ELLIOTT ALEX BRUMMER: Penguin Random House better be aware of what it wishes for if it tangles with ruthless activist investor Elliott. By Alex Brummer for the Daily Mail. Published: 17:02 EDT, 2 June BEST PERFORMING FUNDS AND INVESTMENT TRUSTS SINCE THE Best performing funds in first quarter of 2021. Funds investing in commodities were some of the best performers, such as Schroder ISF Global Energy, which saw returns of 25 per cent in the first CHANNEL TUNNEL LAUNCHING A £57 COVID TESTING SERVICE The Channel Tunnel is launching a £57 Covid testing service for holidaymakers going to France. Getlink, which transports cars andtrucks through the
WHAT FUND EXPERTS SAY YOU SHOULD PUT IN YOUR 2021 ISA From Vietnam to the UK: What fund experts say you should put in your 2021 stocks and shares Isa. Investors will be considering what toinclude in
MORE THAN 300,000 EQUITY RELEASE CUSTOMERS COULD SAVE AN More than 300,000 borrowed cash locked up in their home with equity release. Interest rates on offer now to new customers are at record lows of around 3%. But thousands of SCAM WARNING OVER POST OFFICE SHIPPING FEE SCAM New scam warning: Fake Post Office email asks people to pay 'shipping fees' to release non-existent deliveries. Scammers are sending fraudulent emails pretending to DIVIDEND HEROES 2021: TRUSTS THAT RAISED PAYOUTS AS FIRMS Published: 08:53 EDT, 15 March 2021 | Updated: 13:09 EDT, 15 March 2021. The Dividend Hero investment trusts that bucked the trend and increased payouts as TONY HAZELL FOR THE DAILY MAIL 11/05/21 14:36. My husband is 87 and in a private care home with acute dementia. I registered Power of Attorney in October last year. I requested that money held in REFUNDS FOR HOMEOWNERS DENIED ANNUAL BOILER SERVICES Refunds for homeowners denied their annual boiler services during lockdown. By Amelia Murray For The Daily Mail. Published: 17:01 EDT, 16 June 2020 | Updated: 04:25 EDT, 17 June 2020 THIS IS MONEY: BE YOUR OWN FINANCIAL ADVISER Your complete guide to personal finance and investing with news, predictions, advice, guides and opinion from the financial website ofthe year.
BEST PERFORMING FUNDS AND INVESTMENT TRUSTS SINCE THE Best performing funds in first quarter of 2021. Funds investing in commodities were some of the best performers, such as Schroder ISF Global Energy, which saw returns of 25 per cent in the first ALEX BRUMMER: PENGUIN RANDOM HOUSE SHOULD AVOID ELLIOTT ALEX BRUMMER: Penguin Random House better be aware of what it wishes for if it tangles with ruthless activist investor Elliott. By Alex Brummer for the Daily Mail. Published: 17:02 EDT, 2 June CHANNEL TUNNEL LAUNCHING A £57 COVID TESTING SERVICE The Channel Tunnel is launching a £57 Covid testing service for holidaymakers going to France. Getlink, which transports cars andtrucks through the
WHAT FUND EXPERTS SAY YOU SHOULD PUT IN YOUR 2021 ISA From Vietnam to the UK: What fund experts say you should put in your 2021 stocks and shares Isa. Investors will be considering what toinclude in
MORE THAN 300,000 EQUITY RELEASE CUSTOMERS COULD SAVE AN More than 300,000 borrowed cash locked up in their home with equity release. Interest rates on offer now to new customers are at record lows of around 3%. But thousands of SCAM WARNING OVER POST OFFICE SHIPPING FEE SCAM New scam warning: Fake Post Office email asks people to pay 'shipping fees' to release non-existent deliveries. Scammers are sending fraudulent emails pretending to DIVIDEND HEROES 2021: TRUSTS THAT RAISED PAYOUTS AS FIRMS Published: 08:53 EDT, 15 March 2021 | Updated: 13:09 EDT, 15 March 2021. The Dividend Hero investment trusts that bucked the trend and increased payouts as TONY HAZELL FOR THE DAILY MAIL 11/05/21 14:36. My husband is 87 and in a private care home with acute dementia. I registered Power of Attorney in October last year. I requested that money held in REFUNDS FOR HOMEOWNERS DENIED ANNUAL BOILER SERVICES Refunds for homeowners denied their annual boiler services during lockdown. By Amelia Murray For The Daily Mail. Published: 17:01 EDT, 16 June 2020 | Updated: 04:25 EDT, 17 June 2020 TONY HAZELL FOR THE DAILY MAIL There has been no supply to the bungalow since August 8, 2020. Despite innumerable phone calls and live chats online, E.on continues to send us bills for power we cannot possibly have used. BEST PERFORMING FUNDS AND INVESTMENT TRUSTS SINCE THE Best performing funds in first quarter of 2021. Funds investing in commodities were some of the best performers, such as Schroder ISF Global Energy, which saw returns of 25 per cent in the first 'CURB THE EXCESSES OF THE BUYOUT BARONS', SAY PEERS FROM The dash for high short-term returns is frequently accompanied by low investment, low wages and low staff morale, says University of Essex professor and Labour peer Lord Sikka (pictured). WHAT IS GENER8? WEB BROWSER FOUNDER WHO WOWED ON DRAGONS The founder of web browser Gener8, Sam Jones, wants to put the power of data ownership back into the consumer's hands – effectively giving them the ability to turn themselves into an affiliate THE LITTLE-KNOWN RULE BOOK THAT HAS HELPED SCAM VICTIMS It costs £102 to look at, but could this little known rule book help thousands of scam victims get their money back. The industry code of practice guide was introduced in October 2017. It lays FRAUD REFUNDS 'UNDER THREAT' AFTER RULE CHANGE Experts warn it could lead to more innocent fraud victims being denied refunds. Richard Emery, from fraud consultancy 4Keys International, says: 'If banks are footing the bill for no-blame cases BEST INVESTING PLATFORMS AND STOCKS & SHARES ISAS Fidelity. 0.35% on funds. £45 flat fee up to £7,500. Max £45 per year for trusts and ETFs (Some shares) Free. £10. Free funds £1.50 shares, trusts ETFs. £1.50. HOW TO WRITE A WILL: 10 TIPS FOR A PERFECT WILL A witness cannot be anyone mentioned in the will or anyone married to anyone mentioned in the will. 10. Get it stored safely. Once your willhas been
YORKSHIRE BS BOSS MIKE REGNIER NETS £226,000 BONUS In Regnier's defence, his total remuneration for 2020 fell by 4.6 per cent to £926,000 – with Yorkshire reporting a fall in pre-tax profits of 3.5 per cent to £161.3million. As the table shows WHY DID I GET A STATE PENSION CREDIT IN SCHOOL, BUT NONE The four years when I was in full time education from 1976 to 1980 have not been counted and it is too late to buy these back. The year prior to that when I was in the sixth form has actually been THIS IS MONEY: BE YOUR OWN FINANCIAL ADVISER Your complete guide to personal finance and investing with news, predictions, advice, guides and opinion from the financial website ofthe year.
GOVERNMENT FIRST HOMES PLAN OFFERS HALF PRICE PROPERTIES First-time buyers in England could get a home for up to half price after the Government launched a new affordable housing scheme. The scheme is known as First Homes, and the first properties built TONY HAZELL FOR THE DAILY MAIL There has been no supply to the bungalow since August 8, 2020. Despite innumerable phone calls and live chats online, E.on continues to send us bills for power we cannot possibly have used. PENNON GROUP BUYS BRISTOL WATER AND REVEALS £1.9BN Pennon Group adds half a million more customers as it buys Bristol Water and reveals £1.9bn investor payout after Viridor sale brings ina huge
BEST PERFORMING FUNDS AND INVESTMENT TRUSTS SINCE THE Best performing funds in first quarter of 2021. Funds investing in commodities were some of the best performers, such as Schroder ISF Global Energy, which saw returns of 25 per cent in the first ALEX BRUMMER: PENGUIN RANDOM HOUSE SHOULD AVOID ELLIOTT ALEX BRUMMER: Penguin Random House better be aware of what it wishes for if it tangles with ruthless activist investor Elliott. By Alex Brummer for the Daily Mail. Published: 17:02 EDT, 2 June CHANNEL TUNNEL LAUNCHING A £57 COVID TESTING SERVICE The Channel Tunnel is launching a £57 Covid testing service for holidaymakers going to France. Getlink, which transports cars andtrucks through the
WHAT WILL HAPPEN TO UK HOUSE PRICES IN 2021: SAVILLS House prices to see £10,000 average increase this year, says heavily revised forecast - and one region is predicted to SURGE 30% by 2025. Average UK property price set to grow by 4% in 2021, an DRAGONS' DEN: THE REJECTS THAT GOT RICH He wooed TV millionaires, but the 'ski satnav' inventor's firm had string of debts. Two of the stars of hit BBC2 show Dragons' Den are on the brink of losing £127,000 after the eco-haulage firm HOW IS THE STATE PENSION FUNDED AND WHAT IF THE CASH RUNS The current basic state pension is £113.10 a week, but it is topped up by additional state pension entitlements - S2P and Serps - accrued during working years. This two-tier system will start to THIS IS MONEY: BE YOUR OWN FINANCIAL ADVISER Your complete guide to personal finance and investing with news, predictions, advice, guides and opinion from the financial website ofthe year.
GOVERNMENT FIRST HOMES PLAN OFFERS HALF PRICE PROPERTIES First-time buyers in England could get a home for up to half price after the Government launched a new affordable housing scheme. The scheme is known as First Homes, and the first properties built TONY HAZELL FOR THE DAILY MAIL There has been no supply to the bungalow since August 8, 2020. Despite innumerable phone calls and live chats online, E.on continues to send us bills for power we cannot possibly have used. PENNON GROUP BUYS BRISTOL WATER AND REVEALS £1.9BN Pennon Group adds half a million more customers as it buys Bristol Water and reveals £1.9bn investor payout after Viridor sale brings ina huge
BEST PERFORMING FUNDS AND INVESTMENT TRUSTS SINCE THE Best performing funds in first quarter of 2021. Funds investing in commodities were some of the best performers, such as Schroder ISF Global Energy, which saw returns of 25 per cent in the first ALEX BRUMMER: PENGUIN RANDOM HOUSE SHOULD AVOID ELLIOTT ALEX BRUMMER: Penguin Random House better be aware of what it wishes for if it tangles with ruthless activist investor Elliott. By Alex Brummer for the Daily Mail. Published: 17:02 EDT, 2 June CHANNEL TUNNEL LAUNCHING A £57 COVID TESTING SERVICE The Channel Tunnel is launching a £57 Covid testing service for holidaymakers going to France. Getlink, which transports cars andtrucks through the
WHAT WILL HAPPEN TO UK HOUSE PRICES IN 2021: SAVILLS House prices to see £10,000 average increase this year, says heavily revised forecast - and one region is predicted to SURGE 30% by 2025. Average UK property price set to grow by 4% in 2021, an DRAGONS' DEN: THE REJECTS THAT GOT RICH He wooed TV millionaires, but the 'ski satnav' inventor's firm had string of debts. Two of the stars of hit BBC2 show Dragons' Den are on the brink of losing £127,000 after the eco-haulage firm HOW IS THE STATE PENSION FUNDED AND WHAT IF THE CASH RUNS The current basic state pension is £113.10 a week, but it is topped up by additional state pension entitlements - S2P and Serps - accrued during working years. This two-tier system will start to THE LITTLE-KNOWN RULE BOOK THAT HAS HELPED SCAM VICTIMS It costs £102 to look at, but could this little known rule book help thousands of scam victims get their money back. The industry code of practice guide was introduced in October 2017. It lays TONY HETHERINGTON, FINANCIAL MAIL ON SUNDAY TONY HETHERINGTON investigates the mystery of the night-time Nectar thieves again. 08/05/21 12:24. A reader read my report about stolen Nectar points last week and is SCAM WARNING OVER POST OFFICE SHIPPING FEE SCAM New scam warning: Fake Post Office email asks people to pay 'shipping fees' to release non-existent deliveries. Scammers are sending fraudulent emails pretending to CASH ISAS: ARE THEY STILL WORTH HAVING? Experts recommend steering clear of the big banks. Most pay just 0.01 per cent - or £1 interest a year on a £10,000 sum. The topeasy-access rate on
BEST ENERGY TARIFFS THAT DON'T REQUIRE A SMART METER Energy customers will increasingly find that to access the cheapest fixed tariffs, they need a smart meter fitted. To keep in line with the Government's - now extremely unfeasible - target of HOW TO WRITE A WILL: 10 TIPS FOR A PERFECT WILL A witness cannot be anyone mentioned in the will or anyone married to anyone mentioned in the will. 10. Get it stored safely. Once your willhas been
HOW IS MY STATE PENSION AFFECTED BY BEING CONTRACTED OUT Conveniently, with a flat rate of £175.20 this year, each year from 16/17 onwards adds almost precisely £5 per week onto your state pension until you reach the maximum amount. Turning to FIVE REASONS TO SWITCH YOUR OLD GAS BOILER TO ELECTRIC A report by the Confederation of British Industry published in June recommended that government ban the installation of traditional gas boilers in all homes and workplaces from 2025. WHY WON'T I GET A FULL STATE PENSION The basic state pension is currently £125.95 a week. It is topped up by additional state pension entitlements - S2P and Serps - accruedduring working
CAN YOU GET UNIVERSAL CREDIT IF YOU RECEIVE A PENSION For wages, the deduction is sixty three pence in the pound. So, if you earn £100 per month, they will deduct £63 from your universal credit. But for what they call ‘unearned income’ such as THIS IS MONEY: BE YOUR OWN FINANCIAL ADVISER Your complete guide to personal finance and investing with news, predictions, advice, guides and opinion from the financial website ofthe year.
BEST PERFORMING FUNDS AND INVESTMENT TRUSTS SINCE THE Best performing funds in first quarter of 2021. Funds investing in commodities were some of the best performers, such as Schroder ISF Global Energy, which saw returns of 25 per cent in the first THE 18-YEAR PROPERTY CYCLE TIPS A HOUSE PRICE BOOM THEN For the UK, he points to the evidence of the mid-cycle wobble in 2019 when average house prices increased by just 0.6 per cent in the yearto August
TONY HAZELL FOR THE DAILY MAIL There has been no supply to the bungalow since August 8, 2020. Despite innumerable phone calls and live chats online, E.on continues to send us bills for power we cannot possibly have used. TONY HETHERINGTON, FINANCIAL MAIL ON SUNDAY 01/05/21 12:33. Nectar say it is up to Sainsbury's to deal with this. However, Sainsbury's say they cannot do anything without CCTV to show that I was not in the store, and they have deleted the BEST ENERGY TARIFFS THAT DON'T REQUIRE A SMART METER Energy customers will increasingly find that to access the cheapest fixed tariffs, they need a smart meter fitted. To keep in line with the Government's - now extremely unfeasible - target of WHICH HYBRID CARS WILL BE BANNED FROM 2035? Drivers will still be able to purchase new hybrid cars until 2035 despite the 2030 ban on petrols and diesels, but only those that the government says can 'drive a significant distance without THE 10 MOST RELIABLE SUVS YOU CAN BUY IN The Peugeot 3008 is the only diesel-specific model to make it into this list of top 10 reliable cars, which is a concern given that the vast majority of SUVs are oil burners. And it isn't like the FIVE REASONS TO SWITCH YOUR OLD GAS BOILER TO ELECTRIC 4. Improve your efficiency. When you switch to electric radiators, 100 per cent of the energy used is converted to heat, compared to a central heating system, where heat is lost through the pipes THE BEST AND WORST INSURERS FOR CAR AND HOME INSURANCE AA and RSA are bottom of the pile, as the best and worst for car and home insurance claims are revealed. The AA was the worst for car insurance with a 2 star rating for communication. RSA were THIS IS MONEY: BE YOUR OWN FINANCIAL ADVISER Your complete guide to personal finance and investing with news, predictions, advice, guides and opinion from the financial website ofthe year.
BEST PERFORMING FUNDS AND INVESTMENT TRUSTS SINCE THE Best performing funds in first quarter of 2021. Funds investing in commodities were some of the best performers, such as Schroder ISF Global Energy, which saw returns of 25 per cent in the first THE 18-YEAR PROPERTY CYCLE TIPS A HOUSE PRICE BOOM THEN For the UK, he points to the evidence of the mid-cycle wobble in 2019 when average house prices increased by just 0.6 per cent in the yearto August
TONY HAZELL FOR THE DAILY MAIL There has been no supply to the bungalow since August 8, 2020. Despite innumerable phone calls and live chats online, E.on continues to send us bills for power we cannot possibly have used. TONY HETHERINGTON, FINANCIAL MAIL ON SUNDAY 01/05/21 12:33. Nectar say it is up to Sainsbury's to deal with this. However, Sainsbury's say they cannot do anything without CCTV to show that I was not in the store, and they have deleted the BEST ENERGY TARIFFS THAT DON'T REQUIRE A SMART METER Energy customers will increasingly find that to access the cheapest fixed tariffs, they need a smart meter fitted. To keep in line with the Government's - now extremely unfeasible - target of WHICH HYBRID CARS WILL BE BANNED FROM 2035? Drivers will still be able to purchase new hybrid cars until 2035 despite the 2030 ban on petrols and diesels, but only those that the government says can 'drive a significant distance without THE 10 MOST RELIABLE SUVS YOU CAN BUY IN The Peugeot 3008 is the only diesel-specific model to make it into this list of top 10 reliable cars, which is a concern given that the vast majority of SUVs are oil burners. And it isn't like the FIVE REASONS TO SWITCH YOUR OLD GAS BOILER TO ELECTRIC 4. Improve your efficiency. When you switch to electric radiators, 100 per cent of the energy used is converted to heat, compared to a central heating system, where heat is lost through the pipes THE BEST AND WORST INSURERS FOR CAR AND HOME INSURANCE AA and RSA are bottom of the pile, as the best and worst for car and home insurance claims are revealed. The AA was the worst for car insurance with a 2 star rating for communication. RSA were BUSINESS | THIS IS MONEY MARKET REPORT: Footsie pushes past 7,000 for the first time since April last year on hopes of a global economic recovery. Oilers, miners and banks were on all the charge, the sectors most likely REV RICHARD COLES: I ONCE PAID IN A CHEQUE FOR £400,000 BBC radio host Richard Coles, 59, earns more in a week doing corporate work than he does in a year as a Church of England vicar. Coles, who rose to fame as a member of 1980s pop band The BEST SAVINGS RATES: COMPARE BRANCH AND ONLINE SAVINGS Al Rayan Bank pays a tax-free rate of 0.6% on its easy-access Isa. It can be opened with £50 online, by phone or in-branch and accepts transfers. The bank is THE £2.5M PRIZE DRAW DREAM HOME THAT COULD LEAVE ITS The prize draw dream home that could leave its winner marooned: £2.5m property - offered for a £10 ticket - is prone to persistent flooding. A £2.5m five-bedroom 'Georgian-style' house is up SCAM WARNING OVER POST OFFICE SHIPPING FEE SCAM New scam warning: Fake Post Office email asks people to pay 'shipping fees' to release non-existent deliveries. Scammers are sending fraudulent emails pretending to POLICE FORCES BEGIN USING 'NEXT GENERATION' SPEED GUNS ON A number of police forces are turning to the latest TruCam II speed gun device. The blue 'next generation' handheld cameras cost in theregion of
WHY DID I GET A STATE PENSION CREDIT IN SCHOOL, BUT NONE The four years when I was in full time education from 1976 to 1980 have not been counted and it is too late to buy these back. The year prior to that when I was in the sixth form has actually been THE MOST RELIABLE USED SUVS MONEY CAN BUY IN 2019 Reliability Rating: 94.6%. Honda has always been synonymous with reliability, so it comes as little surprise that the CR-V has appeared in the top five of this list. A new version hit showrooms at SHOULD I TAKE 25% LUMP SUMS FROM ALL MY PENSION POTS AT Taking your 25% lump sums. If you decide to stick to your current plan, you could, if you wish, draw a 25 per cent tax-free lump sumfrom any or all of
WHY DON'T I GET A FULL STATE PENSION WHEN I HAVE PAID 39 I have just looked up my state pension quote. It states I have £144.38 a week. Why, after 39 full years, don't I qualify for a full pension and is it worth paying for missed years? Steve Webb THIS IS MONEY: BE YOUR OWN FINANCIAL ADVISER Your complete guide to personal finance and investing with news, predictions, advice, guides and opinion from the financial website ofthe year.
BEST PERFORMING FUNDS AND INVESTMENT TRUSTS SINCE THE Best performing funds in first quarter of 2021. Funds investing in commodities were some of the best performers, such as Schroder ISF Global Energy, which saw returns of 25 per cent in the first TONY HETHERINGTON, FINANCIAL MAIL ON SUNDAY Tony Hetherington, Financial Mail on Sunday Columnist Archive forMailOnline
WHICH HYBRID CARS WILL BE BANNED FROM 2035? Drivers will still be able to purchase new hybrid cars until 2035 despite the 2030 ban on petrols and diesels, but only those that the government says can 'drive a significant distance without ELECTRIC CARS WILL BE CHEAPER THAN PETROL BY 2027 A new report has claimed that by 2027 electric cars will be cheaper to produce than models with petrol and diesel engines. It says manufacturing costs will be lower for electric family cars and TONY HAZELL FOR THE DAILY MAIL There has been no supply to the bungalow since August 8, 2020. Despite innumerable phone calls and live chats online, E.on continues to send us bills for power we cannot possibly have used. THE 10 MOST RELIABLE SUVS YOU CAN BUY IN 10. Volvo XC60 (2017-) Price: from £37,785 new What Car? Reliability Rating: 97.7% The XC60 is Volvo's mid-size SUV choice, with the XC40more compact and
BEST ENERGY TARIFFS THAT DON'T REQUIRE A SMART METER Energy customers will increasingly find that to access the cheapest fixed tariffs, they need a smart meter fitted. To keep in line with the Government's - now extremely unfeasible - target of FIVE REASONS TO SWITCH YOUR OLD GAS BOILER TO ELECTRIC A report by the Confederation of British Industry published in June recommended that government ban the installation of traditional gas boilers in all homes and workplaces from 2025. THE BEST AND WORST INSURERS FOR CAR AND HOME INSURANCEAUTO INSURANCE MEDICAL CLAIM PROCESSFILING AN AUTO INSURANCE CLAIM The AA and RSA Insurance Group have been named as the worst insurance providers for handling car and home insurance claims respectively, according to a new survey. THIS IS MONEY: BE YOUR OWN FINANCIAL ADVISER Your complete guide to personal finance and investing with news, predictions, advice, guides and opinion from the financial website ofthe year.
BEST PERFORMING FUNDS AND INVESTMENT TRUSTS SINCE THE Best performing funds in first quarter of 2021. Funds investing in commodities were some of the best performers, such as Schroder ISF Global Energy, which saw returns of 25 per cent in the first TONY HETHERINGTON, FINANCIAL MAIL ON SUNDAY Tony Hetherington, Financial Mail on Sunday Columnist Archive forMailOnline
WHICH HYBRID CARS WILL BE BANNED FROM 2035? Drivers will still be able to purchase new hybrid cars until 2035 despite the 2030 ban on petrols and diesels, but only those that the government says can 'drive a significant distance without ELECTRIC CARS WILL BE CHEAPER THAN PETROL BY 2027 A new report has claimed that by 2027 electric cars will be cheaper to produce than models with petrol and diesel engines. It says manufacturing costs will be lower for electric family cars and TONY HAZELL FOR THE DAILY MAIL There has been no supply to the bungalow since August 8, 2020. Despite innumerable phone calls and live chats online, E.on continues to send us bills for power we cannot possibly have used. THE 10 MOST RELIABLE SUVS YOU CAN BUY IN 10. Volvo XC60 (2017-) Price: from £37,785 new What Car? Reliability Rating: 97.7% The XC60 is Volvo's mid-size SUV choice, with the XC40more compact and
BEST ENERGY TARIFFS THAT DON'T REQUIRE A SMART METER Energy customers will increasingly find that to access the cheapest fixed tariffs, they need a smart meter fitted. To keep in line with the Government's - now extremely unfeasible - target of FIVE REASONS TO SWITCH YOUR OLD GAS BOILER TO ELECTRIC A report by the Confederation of British Industry published in June recommended that government ban the installation of traditional gas boilers in all homes and workplaces from 2025. THE BEST AND WORST INSURERS FOR CAR AND HOME INSURANCEAUTO INSURANCE MEDICAL CLAIM PROCESSFILING AN AUTO INSURANCE CLAIM The AA and RSA Insurance Group have been named as the worst insurance providers for handling car and home insurance claims respectively, according to a new survey. WHAT WILL HAPPEN TO UK HOUSE PRICES IN 2021: SAVILLS House prices to see £10,000 average increase this year, says heavily revised forecast - and one region is predicted to SURGE 30% by 2025. Average UK property price set to grow by 4% in 2021, an BUSINESS | THIS IS MONEY Almost £800m was wiped off the market value of Easyjet, Ryanair, Wizz Air, British Airways-owner IAG and plane engine maker Rolls-Royce as the City braced for another torrid summer. WANT TO FOIL SCAMMERS WHO SAY YOUR INTERNET IS ABOUT TO BE Broadband customers are being warned to be on their guard against a new scam designed to panic them by claiming there is a problem with their internet service. Sehra Choudhry was targeted. WHO ARE THE 1% IN BRITAIN AND ARE YOU ONE OF THEM? The IFS asked who are the 1%, how much does it take to get into that bracket, and are some earning so much that even within that single per cent there is a great disparity? BEST SAVINGS RATES: COMPARE BRANCH AND ONLINE SAVINGS Best savings rates: General savings - easy access online and branch. The web's best savings tables; Completely independent and unique;Accounts with
THE £2.5M PRIZE DRAW DREAM HOME THAT COULD LEAVE ITS This £2.5m five-bedroom 'Georgian-style' house in 'the rolling Cotswolds countryside' is up for grabs in a prize draw. But the new build is prone to flooding that can leave it in several inches POLICE FORCES BEGIN USING 'NEXT GENERATION' SPEED GUNS ON The device can identify a vehicle make, model and number plate and all details captured are uploaded electronically to a database and penalty notices are automatically posted to offenders. WHY DON'T I GET A FULL STATE PENSION WHEN I HAVE PAID 39 I have just looked up my state pension quote. It states I have £144.38 a week. Why, after 39 full years, don't I qualify for a full pension and is it worth paying for missed years? Steve Webb SHOULD I BUY EXTRA YEARS TOWARDS MY STATE PENSION? I ONLY Should I top up my state pension? I am 62 and only have seven years' National Insurance paid up so far. By Steve Webb for This Is Money. Published: 02:26 EDT, CAN I TAKE A 25% LUMP SUM AND LEAVE THE REST OF MY PENSION I have just received a letter saying I can take the 25% lump sum but I would also have to take the remaining 75% with it. I didn’t want to do this as I am working on until retirement age. Steve* SHARE SELECTION
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TESCO TO SLASH 1,800 JOBS IN OVERHAUL OF ITS BAKERIES AS BRITAIN BUYS LESS BREAD AND TURNS TO FLATBREADS, BAGELS AND WRAPS INSTEAD * TESCO SAYS THAT BRITISH SHOPPERS ARE BUYING FEWER LOAVES OF BREAD * IT WILL HALT SOME IN-STORE BAKING FROM SCRATCH AND BRING IN MOREPRE-BAKED GOODS
* THE SUPERMARKET WILL PUT LESS LOAVES OF BREAD ON ITS SHELVES BUTMORE LOCAL TREATS
* NEWS COMES ON SAME DAY THAT TESCO REVEALS IT IS LEAVING CHINABy Camilla Canocchi
and Simon Lambert
For This Is Money
Published: 09:46 EST, 25 February 2020 | Updated: 10:17 EST, 25February 2020
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Tesco has revealed 1,800 jobs could be cut in an overhaul of its bakeries as Britain buys less bread. The supermarket giant said that customers are buying fewer traditional loaves of bread and turning to wraps, bagels and flatbread instead, denting its traditional in-store bakeries. Tesco announced today that it will change its bakery space and range from May to meet changing demand - including less fresh bread baking from scratch in-store - and up to 1,816 workers could lose their jobs.+3
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Bakery off: Tesco has revealed that it will stop baking fresh bread in some stores and overhaul its range as customers buy fewer loaves ofbread
Jason Tarry, UK & ROI CEO of Tesco, said: ‘We need to adapt to changing customer demand and tastes for bakery products so that we continue to offer customers a market-leading bakery range in store. ‘We know this will be very difficult for colleagues who are impacted, and our priority is to support them through this process. We hope that many will choose to stay with us in alternative roles.’ Shoppers in Britain have been buying less bread in recent years as they switch to lower carbohydrate diets. Meanwhile, changing tastes mean others are choosing to shun the traditional white or wholemeal sliced loaf and opt for sourdough and artisan breads, or flatbreads, wraps and bagels.RELATED ARTICLES
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Tesco said that the impact of this was significant enough to need to revamp its traditional shop bakeries. Tesco will put less traditional loaves of bread on its shelves and dedicate more space to more popular baked goods, including bigger regional bakery ranges in partnership with small local suppliers. It will continue to bake from scratch in 257 Tesco stores, but in 201 other stores only the most popular products will be baked fresh with other items part-baked.+3
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With more bagels, wraps and flatbreads being sold, less Tesco stores will have baking from scratch A further 58 stores will switch to ‘full bake-off’, where all bakery products are delivered pre-prepared and then baked and finishedin-store.
In a statement, the supermarket said: 'Due to some stores doing less scratch baking, as well as the simplified routines these changes will bring, we will unfortunately need fewer colleagues to work in theseareas.
'As a result, there are 1,816 bakery colleagues being put at risk ofredundancy.
'At this difficult time, our priority will be to support those colleagues impacted, including finding an alternative role from the many thousands of vacancies we will have available across our store networks between now and May, for those who wish to stay with us.' The news emerged on the same day that Tesco waved goodbye to its China business as it offloaded its remaining stake to its joint venture partner for £275million. The UK's biggest supermarket, which has been diminishing its presence in Asia, has struggled to crack the Chinese market. Today it said it has agreed to sell its 20 per cent stake in the Gain Land joint venture to a unit of its state-run partner China ResourcesHoldings.
'The disposal allows Tesco to further simplify and focus the business on its core operations,' it said in a short statement.+3
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Tesco will put less traditional loaves of bread on its shelves and dedicate more space to more popular baked goods Tesco combined its 131 stores Chinese stores with partner CRH's almost 3,000 sites in 2014. The exit from China follows that from South Korea in 2015, when it sold the business for £4billion to help shore up the balance sheet following an accounting scandal. In December last year, it said it was considering to sell its Thai and Malaysian businesses after an approach by an unnamed buyer, although those businesses still remain unsold. Now that the supermarket has exited China too, a possible exit from Thailand and Malaysia would reduce Tesco's non-UK operations to central Europe and Ireland. Tesco has 1,967 stores in Thailand and 74 stores in Malaysia and has been operating in Asia for over 20 years. The disposal of sites in Asia comes as chief executive Dave Lewis winds down his tenure at the retail firm, before new chief Ken Murphy takes over in the summer. Tesco shares were down 1.6 per cent at 245.3p in afternoon trading TOP DIY INVESTING PLATFORMSLow cost portfolios
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