Weekend press highlights: 12 September 2022

Weekend press highlights: 12 September 2022
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At the end of a historic week, with a new king and a new prime minister in place and heading a nation in mourning, the money pages resumed coverage of the ongoing energy crisis, including investigations of the often patronising and meaningless advice from companies on how to save energy and an attempt to unravel the complexity of energy bills. Elsewhere, writes Claire Beard, there were reports of how HMRC's ‘aggressive’ stance on tax fraud risks stifling innovation and with Freshers' Week looming, warnings for students to get their finances in order.

Financial Times

Fracking groups seek further steps on Truss reforms
Shotaro Tani and Nathalie Thomas explain companies welcome Liz Truss’s lifting of the moratorium, but say more is needed to make projects viable.

HMRC’s ‘aggressive’ stance on tax fraud risks stifling innovation
Experts say scattergun approach on curbing illicit claims could hit research and development, reports Mary McDougall.

Daily Telegraph and Sunday Telegraph

John Lewis embroiled in ageism row over denying credit to people without mobile phones
John Lewis has been accused of “discriminating against the elderly and vulnerable”, reports Charlotte Gifford, after rejecting credit card applications from customers who do not have a mobile phone.

‘Don’t open the fridge’: the ridiculous ways Britain was told to cut its energy bills
Tom Haynes explains companies of all kinds have tried to provide advice about how households can save energy, often providing patronising and meaningless hacks.

The Guardian

Cost of living crisis: cashing in pensions to pay bills could be very risky
It may be tempting to use retirement cash to meet your costs, but readers need to be careful, warns Rupert Jones.

Shared ownership: a low-cost way to buy a home – but is there a catch?
It is touted as a cheaper way to get on the property ladder, but there can be drawbacks to shared ownership. Patrick Collinson weighs up the pros and cons.

The Times

Bonds, BAE and BP: the shares to buy in the age of Truss
The Conservatives may be the political party that has presided over the best share price gains over the past 50 years — but Liz Truss could be in for a tough stock market ride, explains David Brenchley.

Why are our energy prices so complex?
Freezes, caps and price rises: decoding your bill is far from easy. Tom Calver and Ben Spencer explain what readers need to know.

The Observer

UK must insulate homes or face a worse energy crisis in 2023, say experts
Cutting heat loss from houses will be more effective in the long term than subsidising bills, reports Micahel Savage.

Income not enough to break British class barriers, research finds
James Tapper covers research showing people from a prosperous background are more likely to move, and end up in richer areas, than those with working-class parents.

Mail on Sunday

Economy faces major challenges - but careful stock picking can still reap rewards: Here's how to shuffle your portfolio to survive a harsh winter
With uncertainty in the air and more Government announcements likely to come, Rosie Murray-West has tips for investors wondering how to position their portfolios for a bumpy, and cold, few months. 

As new PM Liz Truss acts on soaring bills, more help is closer at hand... six hot tips to cut the cost of heating your home by hundreds of pounds
Done correctly, ensuring heating controls are set properly could save households hundreds of pounds on energy bills, explains Rachel Rickard Straus.

i

Money tips for university students: How to find finance and get a bank account
Freshers’ week is looming – but before the big university adventure begins it is important to get your finances in order, warns Alys Key.

The Sun

Gear Up: Petrol price warning as drivers told costs won’t come down for fuel
Experts are warning that petrohttps://www.thesun.co.uk/money/19772380/six-universal-credit-changes-coming-this-year/l prices will remain high as the cost of living worsens, writes Sophie McVinnie.

Shake Up: Six Universal Credit changes coming this year – how your payments are affected
Sophie McVinnie sets out all the benefit changes to look out for and how they will affect the money in readers' pockets.

The Mirror

‘My retirement is under threat from the rising cost of living'
One in five adults say retirement is impossible for the foreseeable future due to the soaring cost of living, writes Sam Barker, with some even being forced to return to work over the issue.

Amazon Prime warning as millions of customers have just days left before price hike
At a time when families continue to struggle against the cost of living crisis, Levi Winchester reminds readers they don’t have long left to cancel if they're not happy with the price increase.

The Express

Energy bills: New chart shows how much each type of home will save under new plan
The Government has released a new chart which shows exactly how much energy British households will save under the new freeze on energy bills, reports Jackie Annett.

State pension set to pay out £200 per week for the first time - how much will you get?
State pension payments are set to exceed £200 per week for the first time, but not everyone will secure this milestone payment, explains Rebekah Evans.

12 September 2022

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