Weekend press highlights: 21 August 2023
Protecting access to cash was a common theme across the weekend's money pages, writes Headlinemoney's Claire Beard. Elsewhere, there were warnings of financial hardship for UK’s LGBTQ+ community in retirement, analysis of "sin stocks" and advice on traps to avoid when writing a will.
Financial Times
Daily Telegraph & Sunday Telegraph
How to embrace The Repair Shop spirit to fix your belongings – while saving money
Madeleine Ross outlines how readers can save their belongings from the landfill.
The little-known inheritance tax schemes that won’t end up in a court case
Charlotte Gifford reveals the underused loopholes for lowering tax bills.
The Guardian
UK’s LGBTQ+ community ‘more likely’ to face real hardship in retirement
Rupert Jones covers new data showing close to half of individuals who identify as LGBTQ+ are heading for a retirement where they are at risk of struggling to afford such basics as food and heating.
Back to school: do uniforms really need to cost a fortune?
Different rules mean some parents have to shell out for pricey gear while others buy on the high street, writes Zoe Wood.
The Times & Sunday Times
Here’s what happened when I went cash only for a day
With the number of payments using coins and notes plummeting and shops increasingly turning towards electronic payments, Lucy Alderson investigates the difficulties of going without her debit card.
How to boost your savings without paying tax
Perks such as cashback on bills and spending — and even free trips to the cinema – are there for the taking, explains George Nixon.
The Observer
How to choose the best UK student bank account
Sandra Haurant provides tips on selecting the right student bank account that could help to provide a buffer zone for balances creeping into the red, and perhaps some helpful perks, too.
What could you get for £150,000 in 1988?
Emma Beddington reflects on an Observer investigation from 1988, looking at what £150,000 could buy.
Daily Mail & Mail on Sunday
Government plans to boost access to cash don't go far enough, experts say
Government plans to allow consumers and small businesses easy access to cash deposit and withdrawal services have drawn a mixed reception from campaigners, politicians, and banking experts, reports Jeff Prestridge.
Dreaming of a retirement in the sun? You're going to need an extra £4,200 a year
With every month that goes by, the financial goalposts shift so that what once would have afforded a comfortable retirement no longer will, writes Jessica Beard.
i
The best supermarket loyalty schemes which can help you tackle rising food bills
Use of supermarket loyalty schemes has been rising rapidly during the cost of living crisis, reports Elizabeth Anderson.
How to check your car insurance group, and what it means for the price of cover
The process of reducing your bill starts at the car dealership, explains Alys Key
The Sun
Use your will power: Traps to avoid when writing a will as dodgy law firms are probed – and how to get advice you can trust
Sarah Davidson and Leah Milner highlight the traps to avoid, and explain how to find trustable advice.
Tax tricks: I’m a tax expert – five tricks to boost families’ income by up to £10,000
Laura Purkess outlines five tax allowances from a tax expert that all families can use to save cash.
The Mirror
All the benefits and financial help you can get when you separate from your partner
Financial support is available to couples who split that many may not even be aware of, writes Ruby Flanagan.
Debt expert explains your rights you're visited by bailiffs - what they can and can't take
More than two million people have been contacted by a bailiff since the cost of living crisis began, warns Ruby Flanagan.
The Express
Wages of sin: how booze, fags and gambling may be the key to a wealthy retirement
Investing is now a fight between good and evil and the battleground is pension and stocks and shares Isa portfolios, wrires Harvey Jones.
Fixed energy deals trap warning as bill payers may get a better deal if they wait
Fixed rate energy deals offer certainty but families could overpay if they fix too soon, warns Nicholas Dawson.
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