The burden of inflation and soaring energy costs provided a bleak backdrop to the weekend's money pages, with stories covering everything from the cheapest way to make a cup of tea and the growing return in renting electrical goods to readers' rights when it comes to paying energy bills. Elsewhere, writes Claire Beard, as savings accounts struggle to keep up with inflation, alternative ways to invest were analysed, plus suggestions on how a 20p coin could help with fuel costs and advice on using a 'secret weapon' to slash IHT bills.
Financial Times
UK energy suppliers call on government to scrap levies and charges on bills
Companies say the quickest way to reduce costs for households would be to move the burden to tax, write Gill Plimmer and David Sheppard.
Small business owners worry whether they will make it through the winter
Spiralling energy prices, increasing wage bills and higher raw material costs are all adding to the pressure, writes Oliver Barnes.
Daily Telegraph and Sunday Telegraph
Banks face punishment for ‘inhumane’ treatment of customers
Rachel Mortimer and Katie Morley cover The Telegraph's success forcing banks to repay £1.4m to vulnerable fraud victims, prompting the City watchdog to warn of “consequences” if they continue to neglect their customers.
Record number of landlords are beating the taxman – here’s how to join them
The number of buy-to-let portfolios changing hands has surged sixfold as Britain’s largest landlords race to escape the Government’s tax crackdown, reports Melissa LawfordMelissa Lawford.
The Guardian
Mortgages: your options if you want to switch deals or are a first-time buyer
Rupert Jones has the lowdown on the options for different categories of borrower as interest rates continue to rise.
Amazon and Waitrose ban customer for complaints and returning too much
Big online retailers are barring shoppers – sometimes for reasons they don’t understand, writes Jess Clark.
The Times
I don’t use gas, only electricity, so why is my bill still soaring?
Ali Hussain, Imogen Tew and Lily Russell-Jones investigate readers' rights when it comes to paying energy bills.
Hire car firms are back — and so are their rip-off charges
Watch out for those excess insurance costs, dodgy repair bills and a wealth of other unexpected extras, writes George Nixon.
The Observer
British minister accused of trying to hide reports on impact of Tory welfare reforms
James Tapper covers reports Thérèse Coffey ‘set out to minimise evidence’ on studies, including research into deaths of benefit claimants and help for vulnerable.
Do utility firms think it’s a sign of respect to go slow after a relative’s death?
Adding to the misery of bereavement is the heartless bureaucracy involved in winding up financial affairs, writes Rowan Moore.
Mail on Sunday
Families renting TVs again - now we really are back in the 70s! Old tactic makes return as households struggle with highest inflation in decades
The range in rented goods has expanded to include games consoles and laptops, writes Toby Walne.
Inflation isn't the only menace on the loose: Watch out! Greedy fund charges can gobble up ALL your returns
Big chunks of the investment management industry are not providing investors with a fair deal, warns Jeff Prestridge.
i
Six alternative ways to make the most of your money as savings accounts struggle to keep up with inflation
Despite the cost of living crisis, there are many ways to invest and save, writes Alys Keys, from credit unions to peer-to-peer lending to Lifetime ISAs.
Over a third of parents help their adult children financially at their own expense, research reveals
Sadie Whitelocks covers research revealing parents are offering financial support to their adult children at the expense of their own lifestyle and security.
The Sun
Beat the R.I.P offs: Why Brits could still be left out of pocket when using pre-paid funeral plans
A massive crackdown on pre-paid funeral plan firms has been rolled out – but punters are still at risk, warns Lucy Alderson.
Coin Crazy: Little known 20p hack could help drivers save hundreds on fuel
Sophie McVinnie explains how a simple hack could save readers hundreds of pounds on fuel costs - all they need is a 20p coin.
The Mirror
Cheapest way to make cup of tea and slash your energy bill explained
As energy bills are predicted to rise, Levi Winchester reports on the cheapest way to make cup of tea and reduce energy bills.
How £400 energy discount will work for people with prepayment meters explained
The £400 rebate is in replacement of the £200 "loan-not-loan" that had originally been announced last year by the Chancellor. Levi Winchester explains how this will work for prepayment customers.
The Express
Fight back as HMRC wages ‘fiendish’ IHT war – secret weapon slashes inheritance tax bills
An inheritance tax war has been launched on ordinary families, warns Harvey Jones - but it is possible to fight back using a secret weapon that many don't even know exists.
Get inflation-busting income of 13% a year tax free – UK’s two best yields smash cash
Savers watching the real value of their cash being eroded by rampant inflation may be astonished to discover it is possible to generate tax-free income of almost 13 percent a year, writes Harvey Jones.
15 August 2022
Please sign in
If you are a registered user on Headlinemoney, please sign in