Weekend press highlights: 10 July 2023
The need to protect consumers from unsuitable debt solutions and the rise of bulk annuity transfer deals were among a variety of topics leading the money sections this weekend, writes Headlinemoney's Claire Beard. Elsewhere, there was a breakdown of upcoming Right to Repair rules, a look at the benefits of gifting properties to grandchildren and reports of a surge in doorstep ‘porch piracy’.
Financial Times
Daily Telegraph & Sunday Telegraph
How inheritance tax punishes the families of those who die young
The take from the controversial 'death duty' rose by £1bn last year to hit a new record, writes Charlotte Gifford.
Why net zero is on a collision course with falling house prices
Eco targets will affect millions of properties and stick another nail in buy-to-let Britain, reports Alexa Phillips.
The Guardian
Parcel thefts from UK doorsteps soaring, new figures reveal
Online shoppers are being advised to opt for named-day delivery services, or consider collecting their package, in the wake of a surge in doorstep ‘porch piracy’, warns Zoe Wood.
‘I tried to cut my debt but was charged £3,000 in fees’
Jess Clark reports on the ‘wild west’ individual voluntary arrangement (IVA) sector and the need to protect consumers from unsuitable debt solutions.
The Times & Sunday Times
‘Say thank you: grandma’s just bought you an £825,000 house’
Older relatives are giving away their property and assets to give the younger generations a helping hand, writes Ali Hussain.
Here’s how to pay less tax in retirement
Pensions, Isas and bonds — Holly Thomas looks at the best ways for readers to maximise their income in later life.
The Observer
From car insurance to tolls: what Britons need to know before driving to mainland Europe
Miles Brignall explains what to consider before packing up the car to drive to mainland Europe, including insurance, breakdown cover and paying for any tolls.
Don’t expect compensation if strikes disrupt plans, UK holidaymakers told
Holidaymakers have been warned that they won’t be eligible for compensation if their trips are cancelled or delayed due to strikes, writes Jess Clark.
Mail on Sunday
Don't put all your nest eggs in one basket now cash savings earn up to 6% - here's why you should STILL keep on investing
Interest rates on savings are now at least as generous as income from investing, writes Rosie Murray-West.
Greater share of household income went on food, energy and housing costs between 1970 and the 1990s - but young people today facing unprecedented financial hardship
So-called millennials, born between 1985 and 1995, are being 'hit from all sides', reports Jessica Beard.
i
'Buying my £170k one-bed flat was the worst financial decision I ever made'
Elizabeth Anderson explains how some homeowners are in limbo, trapped between developers refusing to pay to make buildings fire safe and struggling to sell or remortgage because a lender will not lend on properties or buildings deemed a fire risk.
How not to get stung by mobile roaming charges this summer
Since leaving the EU, most free roaming has been scrapped. Callum Mason sums up how readers can still enjoy using devices without facing hefty charges.
The Sun
Bill Help: Thousands of families can claim a one-off £300 payment NOW – but you need to be quick
James Flanders reminds readers they may be entitled to cash support through the Household Support Fund, depending on where they live and the eligibility requirements set by their local authority.
Right to Repair: Big change to appliance repair rules that could save you cash – see the full list of items covered
Tara Evans and Leah Milner explain how as of this month, suppliers now have to make spare parts available for a number of key household appliances to help them last longer.
The Mirror
How to report missing DWP cost of living payment - you could be owed up to £450
Millions of eligible Brits are getting cost of living payments over the next year. Ruby Flanagan explains what readers should do if they qualify but do not receive the cash they are owed.
Interest-only mortgages pros and cons explained - should you switch if you're struggling?
Ruby Flanagan covers the advantages and disadvantages of a interest-only mortgage.
The Express
Pension warning as Britons risk £115,000 shortfall - how to 'bridge gap' for retirement
With the state pension age set to increase to 67, Britons will have to save even more for retirement than in their parents did, writes Temie Laleye, highlighting the importance of early retirement planning.
Pension and Isa crash alert as just seven 'overhyped' AI stocks prop up entire market
2023 is turning out to be another tough year for pension and stocks and shares Isa investors, writes Harvey Jones. Just seven big US companies are holding up the entire stock market, and they look dangerously overhyped.