Weekend press highlights: 7 March 2022

Highlights from the weekend's money pages.
Weekend press highlights: 7 March 2022
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As the Russian invasion of Ukraine continues, the weekend's money sections explored many aspects of the financial impact on Britons, including fuel poverty, impending shortages, the risks of investing in fast-growing economies and cyber-crime. Elsewhere, there was advice for couples on joint pension planning and views on how a stress test rule change could spell bigger and longer mortgages. Headlinemoney's Claire Beard chooses her pick of the latest money section stories.

Financial Times

UK ministers resist calls to cut deadline to identify anonymous foreign property owners
Labour wants registration period cut from 6 months to 28 days to stop Putin-linked oligarchs from selling up, reports George Parker.

Europe faces building material shortages as energy prices soar
The chief of world's biggest brickmaker warns of a hit to supplies, writes Harry Dempsey, as Ukraine war threatens to deepen the industry's problems.

Daily Telegraph & Sunday Telegraph

Energy deals rising by £100 a day as Russian gas fears up prices
Energy firms have hiked the cost of their fixed-price deals by more than £100 in the last two days after the war in Eastern Europe sparked fears over wholesale gas prices, reports Will Kirkman.

'Being good at investing will land me with a £438,000 tax bill'
Pensions are designed to be invested for the long haul, but millions of savers are being stung by extortionate tax bills as a result of stock market returns, writes Jessica Beard.

The Guardian

Pensions: have you talked to your partner about retirement?
If couples make individual plans it could affect how much their partner receives when they die, explains Harriet Meyer.

Record rents and house prices pile pressure on UK households
Record rents of more than £1,000 a month and the average house price breaking through the £260,000 barrier are putting added pressure on households already facing a cost of living crisis, writes Hilary Osborne.

The Times & Sunday Times

So, where on earth can you invest?
Money is pouring out of Russia as it wages war on its neighbour. David Brenchley considers how investments in other emerging nations are faring.

Rule change spells bigger and longer mortgages
The Bank of England is set to ditch stress tests to let buyers borrow more, explains George Nixon.

The Observer

Ukraine crisis puts Sunak under new pressure to axe national insurance rise
Toby Helm describes how the Chancellor has been urged by MPs and business groups to rethink plans to increase national insurance, as fears grow that Russia's invasion of Ukraine will dramatically worsen the cost of living crisis and plunge the economy into "stagflation".

Soaring gas prices are a cost of this war - and Britain can't avoid them
Consumers in the UK are going to have to come to terms with a lengthy period of rising energy bills, warns Phillip Inman.

The Mail on Sunday

As experts warn Russian cyber army could target British homes, there's a simple way to foil them... You don't need a tin hat to stop Putin's hackers: just press delete, delete DELETE!
State-sponsored cyber attacks are a genuine threat, warns Toby Walne.

Lost for words... the fund bosses who put YOUR cash in Russia: Rather than sending out reassuring messages to investors, they are tongue tied
Stock market crises often highlight the investment industry's worst traits, observes Jeff Prestridge.

i

Ukraine-Russia crisis to push energy bills to £3,000, leaving millions of UK households in fuel poverty
Connor Coombe-Whitlock explores how millions of households in the UK may be pushed into fuel poverty this year as the crisis in Ukraine will likely force energy prices even higher.

Third of UK shoppers now buy food from supermarkets' yellow sticker reduced sections as cost of living spirals
Former supermarket workers have gone online to testify about how yellow stickers can bring out the "animalistic" qualities in some shoppers, reports Nick Duerden.

The Sun

Curious to know: When was my house built?
When looking into buying a new home, Catherine Micallef recommends considering many factors, and one of them includes the year the house was built.

Hot seat: I'm a boiler expert, here's how a simple radiator trick could save you a fortune on your energy bills
Emily Downes has advice from a boiler expert for households to take before turning the heating up, to keep energy costs down.

The Mirror

The real meaning of the dots and notches in your debit and credit cards
These features and others have become more and more common, explains Sam Barker, and they're all designed to help the UK's 2.2million people with sight loss use their debit and credit cards more easily.

Drivers share 20p trick that could help you avoid £2,500 fine and penalty points
Car finance experts have shared a look at some of the most searched for car maintenance queries from 2021 - and offered a 20p tyre hack that could help avoid a hefty fine, writes Courtney Pochin.

The Express

Pensioners have just weeks left to get up to £300 to help with energy bills
Pensioners have just weeks left to put in a claim for hundreds of pounds to help with energy bills, warns Rebekah Evans.

'I cannot afford the price!' Over 60s vent fury at proposal to scrap free prescriptions
Britons in the over 60s age group are sharing their concerns over a Government proposal which could see them lose free prescriptions, reports Patrick O'Donnell.

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