Weekend press highlights: 17 July 2023

Weekend press highlights: 17 July 2023
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Tips for holidaymakers hoping to cut costs featured widely across the weekend's money sections, including pieces on travel websites charging over the odds for add-ons and a roundup of the best-value destinations. Elsewhere, writes Headlinemoney's Claire Beard, there was advice for homeowners coming to the end of their mortgage deal and bad news for renters trying to challenge rent rises at tribunals.

Financial Times

Starmer under fire over vow to stick with Tory child welfare cap
Jim Pickard covers criticism of Labour leader Keir Starmer after he insisted he would not scrap the government’s cap on welfare support payments for children if his party wins the next general election.

How fast is UK inflation falling?
Investors are expecting UK inflation to have slowed when figures for June are published on Wednesday, write Valentina Romei, Mary McDougall and Kate Duguid— the question is how quickly.

Daily Telegraph & Sunday Telegraph

How to give away a £4m estate and pay no inheritance tax
With careful planning, writes Charlotte Gifford, it is possible to dramatically cut your tax liability, even for very large estates. 

Millions of super-cheap mortgages expire in 2026 – here’s how you can prepare
Ruby Hinchliffe explains the steps readers can take now to prepare and give themselves the best chance of keeping a lid on monthly repayments.

The Guardian

Beat the fakes: how to find online reviews you can trust
From excessive praise to overly perfect grammar, Patrick Collinson explains what to look out for to avoid getting scammed.

Holiday hotspots where your pound will go furthest this summer
Jess Clark gives a roundup of the best-value destinations.

The Times & Sunday Times

When a two-year fixed mortgage is your best option
George Nixon looks at the options for homeowners coming to the end of their mortgage deal.

Hands off our credit card refund rights
Plans to overhaul the Consumer Credit Act are on the cards writes Johanna Noble, but we need more protection, not less.

The Observer

Labour would keep two-child benefit cap, says Keir Starmer
Keir Starmer has confirmed that a Labour government would keep the Conservatives’ controversial two-child benefits cap, reports Pippa Crerar, despite unease among his top team over the policy, which has been blamed for pushing families into poverty.

Mail on Sunday

Are you one of the 1.7million people now facing tax on their savings as rates rise? Three ways to cut your bill
Savers who were stung by the levy paid almost £2,000 in tax on average, reports Adele Cooke.

Has the property bubble burst at last? House prices could fall and then drift down for years to come as mortgage crunch hits
It was only a matter of time before the rising cost of borrowing started to knock house prices, explains Jessica Beard.

i

Renters are trying to challenge increases, but tribunals tell landlords they can charge more
Renters can challenge the rises at tribunals, though i analysis shows the outcome often does not go in the tenant’s favour, reports Callum Mason.

What happens to Premium Bonds when you die? How to claim the bonds of an NS&I saver after their death 
If a loved one dies with premium bonds, Laurie Havelock explains to readers how to claim those savings if they are legally entitled to them.

The Sun

Work it out: Huge change to flexible hours rules for millions of workers another step closer – what it means for you
A law which would give employees the right to request flexible working from their first day in a job has completed its final stage in the House of Lords, reports Olivia Marshall.

Travel smart: Warning for holidaymakers over ‘outrageous’ extra fees adding to bills – and how to avoid them
Experts have urged people to be alert to travel websites charging over the odds for add-ons when passengers are already covered by consumer rules, write Leah Milner and Laura Purkess.

The Mirror

Two weeks left for thousands of people to renew benefits - or risk payments being stopped
Tax Credits claimants should have received a renewal pack from HMRC in the post, explaining if they need to take action by July 31 - Levi Winchester covers what readers need to know.

First-time buyers will need gigantic £102,000 deposit to purchase a home
Labour’s analysis of government figures found rocketing interest rates are now likely to require three times the £30,000 figure people had to save just a year ago, reports Mikey Smith.

The Express

'Why us?' UK inflation to stay sky-high at 8.2% despite plunging almost everywhere else
Inflation is expected to fall when June's consumer prices figure is published on Wednesday, but it will remain higher than almost every other country at 8.2 percent. The cost-of-living crisis isn't over yet, writes Harvey Jones.

How to get ‘double’ the interest rate on your savings and secure ‘better’ deals
Katie Elliott reports savers are leaving a third of instant access savings balances in accounts earning one percent or less.