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Giant rhubarb tables and Virgil Abloh thrones at Design Miami Paris

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Two large tables, made of bronze, where the top is the bronze cast of a giant leaf, one copper coloured, one in a verdigris shade. There are also verdigris-coloured bronze casts of smaller leaves, mounted on stands and plinths

“It was an experiment, and one that worked 90 per cent,” says Grela Orihuela, the senior VP of Design Miami. She is talking about the American design fair’s first Parisian edition, which took place last October. (The mothership, as the name suggests, was launched in Miami in 2005.) The success of the new event can partly be measured by the reaction of those who are coming back for its second round. “This year we have 24 galleries taking part,” adds Orihuela, “and 15 of those are returns.”

Among the latter is Galerie Kreo, the cutting-edge Paris design gallery founded by Didier and Clémence Krzentowski. “For us it was fantastic,” says Clara, their 29-year-old daughter, who is beginning to influence the 30-year-old business. “The location helps. It’s full of natural light, and the house itself is a Paris gem.” Indeed, the 18th-century Hôtel de Maisons on the city’s Left Bank, which Design Miami will occupy for five days, maintains much of its historic splendour. With its wood-panelled rooms and rich parquet, it was deemed sufficiently well-appointed by the self-appointed arbiter of taste himself — Karl Lagerfeld — to be his home for a number of years.

These are the highlights:

CLOTILDE ANCARANI AT GIULIA DE JONCKHEERE

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Two large tables, made of bronze, where the top is the bronze cast of a giant leaf, one copper coloured, one in a verdigris shade. There are also verdigris-coloured bronze casts of smaller leaves, mounted on stands and plinths
The Gunnera Table and other bronze casts by Clotilde Ancarani, on display at Giulia De Jonckheere © Courtesy of the artist and Giulia De Jonckheere

Clotilde Ancarani trained as a sculptor, but now spends equal amounts of time making art and design in her Brussels studio. In fact, her real passion is her garden, which infuses her work completely. “Plants have always been my subject,” says the 58-year-old, who searches out the most exquisite large-scale leaves to cast in bronze. “I like the contradiction between the fragility and organic properties of plants and the cold, hard characteristics of bronze as a material.” 

In the garden of the Hôtel de Maisons, visitors will find her low, curly edged Gunnera Table, cast from the huge leaves of a giant rhubarb plant that was growing in a neighbour’s garden, and earlier sculptural pieces based on smaller (though still sizeable) domestic rhubarb leaves.

“I’m not consciously influenced by Art Nouveau,” says Ancarani of the 20th-century style that looked to nature for inspiration. “But I do live in Brussels, where it’s everywhere, so I probably feel its presence every day.”

PAUL DUPRÉ-LAFON AT MAXIME FLATRY

Maxime Flatry, 32, opened his Left Bank gallery two years ago. There he specialises in the French furniture masters of the 1920s and 30s, including Jean-Michel Frank, whose pared-down aesthetic upturned the fancier rules of decorative arts in his day.

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At Design Miami Paris, Flatry will show a suite of furniture by Paul Dupré-Lafon made in the 1930s — a sofa, armchairs and a table. The seating was originally upholstered in red velvet, but Flatry has chosen to replace this with a glowing white. “Dupré-Lafon’s work was as reductive as Frank’s in one way, but more expansive in another,” says Flatry. “The chairs are wide and generous and they sit low to the floor. It’s almost like car design, like a 1930s Rolls-Royce. The lines and the dimensions are so modern.”

A minimal white sofa and two matching armchairs, arranged around a small wooden table holding an antique-looking bowl
1930s sofa and chairs by Paul Dupré-Lafon, at Maxime Flatry © Courtesy the artist and Maxime Flatry

JEAN TOURET AT GALERIE GASTOU

“Jean Touret believed in the poetry of the handmade, and the direct relationship between man and material,” says Victor Gastou, the second-generation director of the eponymous Parisian gallery. After the second world war, during which he had been taken prisoner, Touret ditched his life in insurance, and headed to the Loire Valley. There he assembled craftsmen into a guild, called the Ateliers de Marolles, and set about designing hand-crafted oak furniture that ran counter to the prevailing industrialisation of France, and mass-manufactured goods. “The work was sold in Galeries Lafayette,” says Gastou. “It appealed to a sophisticated clientele who appreciated its artisanal qualities.” The pitted “honeycomb” surfaces, created with a gouge, certainly have a very rustic appeal.

Touret resigned from the Ateliers in 1964, and carried on making his own totemic sculptures in acacia wood, which he never sold in his lifetime, some of which will also be on show. “He was inspired by Matisse and Cubism,” says Gastou. But most of all he was inspired by his faith, and continued to make a living from religious commissions.

Wooden table and wooden stool, on top of what looks like two rattan carpets, with a wooden abstract sculpture to the side. On top of the table is a metal candle holder
Sideboard, chair and candle holder by Jean Touret and Artisans de Marolles, at Galerie Gastou © Edouard Auffray, courtesy the artist and Galerie Gastou

VIRGIL ABLOH AT GALERIE KREO

The American Virgil Abloh had a sadly brief life — he died in 2021, aged just 41 — but he packed a lot in. Trained as an architect, he went on to work as a fashion designer, launching his own brands Pyrex Vision and Off-White, and ultimately becoming the creative designer of Louis Vuitton’s menswear in 2018. He also DJ’d and designed furniture.

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Galerie Kreo is showing one of his last works — the monolithic Tower Hills chair, which, like his fashion, synthesises luxury and the street. It’s a chunky, robust cube of a chair, made in bronze, but cast in OSB (oriented strand board, or chipboard) to give it the finish of something more disposable. “It feels right to put this throne-like piece into the mansion’s luxurious interior,” says director Clara Krzentowski. “To bring together the contemporary and the historic.”

A chunky throne-like shape, cast in bronze, which looks like a cube mounted with a gravestone
‘Tower Hills’ chair (2021) by Virgil Abloh, cast in bronze, at Galerie Kleo © Alexandra de Cossette. Courtesy Galerie kreo

ITALIA AT DOWNTOWN +

While father François Laffanour holds the fort at Design Miami with blue-chip French names, his daughter Luna, 28, has gone rogue. She is showing a selection of historic Italian work at the nearby Hôtel de l’Industrie on Place Saint-Germain-des-Prés, which she is pairing with contemporary painting by Nicolas Mehdipour — richly pigmented abstracts and eerie figurative paintings of lost adolescents. His vibrant palette coincides with that of Italian masters such as Gaetano Pesce and Ettore Sottsass, who from the 1970s were delving into new materials and ways of living.

Red obelisk, with zig-zag sides
Work by the Italian designer Ettore Sottsass, on display at Downtown+ © Handout

Design Miami Paris, October 16-19, designmiami.com. Italia, to October 16, plusdowntown.com

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Sunday Number 62: Numbers Puzzle

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Sunday Number 62: Numbers Puzzle

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Five simple ways to save on the cost of traditional roast dinner

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Five simple ways to save on the cost of traditional roast dinner

DON’T be put off by the price of cooking a roast dinner.

There are lots of ways to carve off a juicy saving.

Enjoy a traditional British roast for less with these money-saving tips

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Enjoy a traditional British roast for less with these money-saving tipsCredit: Shutterstock

Enjoy the traditional British meal for less with these money-saving tips . . . 

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SLOWLY DOES IT: Slow cookers cost just pennies to run and are perfect for cheaper cuts of meat such as beef brisket or pork shoulder.

Seal the meat in a frying pan, add to the slow cooker with some veg and stock and then just leave to bubble gently for the day.

MEAT TREAT: When it comes to choosing your roasting joint, a large chicken usually works out the best value, followed by pork.

READ MORE MONEY SAVING TIPS

Look at the price per kilo in order to work out which will give you the most meat for the least money.

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A roast can also work out much cheaper than buying individual cuts.

An extra-large chicken is currently £5.25 with a Tesco Clubcard, which is £2.76 a kilo, while if you buy a pack of chicken breasts they work out at least £5.79 per kilo.

AIR TIME: Cook your roast potatoes in an air-fryer, if you have one.

They’ll cook even more quickly, using less energy, if cut up small.

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Parboil then spray with oil before cooking to perfection in under 30 minutes.

I’m a gypsy wife and here’s how I make the ultimate Sunday dinner

NICE AND FREEZY: Keep bags of frozen vegetables in the freezer for cheap and easy side dishes.

Have a bag of cauliflower or broccoli on ice for a tasty gratin with cheese sauce, along with frozen peas and sweetcorn.

If you want to cook from fresh, carrots and cabbage are the best value.

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LOVELY LEFTOVER: A roast dinner keeps on giving.

Use leftover meat in stir-fries or Mexican-style wraps.

Fry uneaten potatoes and veg for bubble and squeak or a tasty hash.

Add some chilli sauce and an egg for a whole new meal.

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Turn chicken bones and scraps into stock and soup.

  • All prices on page correct at time of going to press. Deals and offers subject to availability.

Deal of the day

Save £80 on the Ickle Bubba Venus Max jogger stroller at Argos

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Save £80 on the Ickle Bubba Venus Max jogger stroller at ArgosCredit: Argos

GET 30 per cent off the Ickle Bubba Venus Max jogger stroller at Argos, £188.30 with the code RED30.

Normal price is £269.

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SAVE: £80.70

Cheap treat

Buy two selected packs of Morrisons biscuits for £1.20

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Buy two selected packs of Morrisons biscuits for £1.20Credit: Morrisons

BUY two selected packs of Morrisons biscuits for £1.20, including choc-chip cookies that are 85p for a single pack.

SAVE: 50p on two

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What’s new?

BEEFEATER will treat 50,000 diners to a free 8oz rump steak to celebrate its 50th birthday, when you buy another main meal.

Claim the deal at offers.beefeater. co.uk/50-years

Top swap

Charlotte Tilbury’s Airbrush flawless setting spray is £32

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Charlotte Tilbury’s Airbrush flawless setting spray is £32Credit: Charlotte Tilbury
Save big on the Face Facts weightless setting spray for £4 from The Original Factory Shop

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Save big on the Face Facts weightless setting spray for £4 from The Original Factory ShopCredit: The Original Factory Shop

HOLD make-up in place with charlottetilbury.com’s Airbrush flawless setting spray, £32.

Or try Face Facts weightless setting spray, £4 in store at The Original Factory Shop or online as a £10 bundle with two other products.

SAVE: £28

Little helper

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FROM 11am at Maccy D’s, choose either a mayo chicken or a cheeseburger, plus a medium drink and fries and four McNuggets, for a fiver – saving £2.46.

Shop & save

Co-op Members can pick up a selection of five frozen items for £5

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Co-op Members can pick up a selection of five frozen items for £5Credit: Co-op

CO-OP Members can pick up a selection of five frozen items for £5, including Birds Eye wholegrain nuggets and McCain oven chips, 750g.

Non-members pay £6.

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SAVE: Up to £8.65

Hot right now

SPEND £40-plus on home products at Asda by tomorrow and get ten per cent off selected electrical items.

PLAY NOW TO WIN £200

Join thousands of readers taking part in The Sun Raffle

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Join thousands of readers taking part in The Sun Raffle

JOIN thousands of readers taking part in The Sun Raffle.

Every month we’re giving away £100 to 250 lucky readers – whether you’re saving up or just in need of some extra cash, The Sun could have you covered.

Every Sun Savers code entered equals one Raffle ticket.

The more codes you enter, the more tickets you’ll earn and the more chance you will have of winning!

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Microsoft UK chief to head government’s industrial strategy council

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Unlock the Editor’s Digest for free

Clare Barclay, the chief executive of Microsoft UK, has been appointed to a new role overseeing the British government’s industrial strategy. 

Barclay will chair the Industrial Strategy Advisory Council, which will provide advice to the government in partnership with businesses, unions and other stakeholders.

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“Whilst we fully embrace the industries of today, we must also have a clear plan for future growth, and the advisory council will play a central role in shaping and delivering this plan,” she said.  

Her appointment is being announced on the eve of a big investment summit hosted by senior ministers in central London on Monday. Sir Keir Starmer hopes that the summit will be a chance to emphasise Britain’s newfound political stability and his plan to “get Britain building again” — for example through planning reforms — while also trying to reassure executives about tax rises in the October 30 Budget. 

Starmer is expected to say that regulators should ensure that they are not acting as barriers to economic growth.

Ministers will emphasise their plans for a National Wealth Fund to help pay for decarbonisation of heavy industry and a new state-owned green energy lender called GB Energy.

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The summit is being sponsored by Barclays, HSBC, Lloyds, M&G, Octopus Energy and TSL, and attendees will include Goldman Sachs chief executive David Solomon, GSK chief Emma Walmsley and former Google chair Eric Schmidt.

Although hundreds of senior business figures will attend the event, some have complained about poor organisation, while a suggestion by port operator DP World that it could delay a £1bn investment pledge, after ministerial criticism of its subsidiary P&O, prompted a cabinet row on Friday. 

Jonathan Reynolds, the business secretary, will tell the summit that his new industrial strategy is designed to draw global investment away from rival nations and “put Britain back on the global stage”.

 “Our modern industrial strategy will hardwire stability for investors and give them the confidence to plan not just for the next year, but for the next 10 years and beyond,” he said. 

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The industrial strategy will focus on eight sectors where he said the UK had a competitive edge: creative industries, financial services, advanced manufacturing, professional services, defence, tech, life sciences and clean energy industries. 

It will be finalised after a widespread consultation with business following a green paper to be issued on Monday.

The Industrial Strategy Council will be a statutory body, along the lines of the Office for Budget Responsibility and the Committee on Climate Change, making it harder for ministers to ignore its findings and recommendations. 

Barclay’s appointment signals a recovery in relations between the UK and Microsoft, which was last year frustrated by the Competition and Markets Authority’s decision to block its $75bn takeover of video-gaming business Activision Blizzard over antitrust concerns. 

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Brad Smith, Microsoft vice-president, argued at the time that the decision, which was made during the previous Conservative administration, would “discourage innovation and investment” while Activision accused Britain of being “closed for business”. The CMA later waved the deal through after Microsoft agreed to change aspects of the transaction. 

Barclay has led Microsoft’s UK operations since 2020. She was also a non-executive director at the CBI business lobby group when it was plunged into scandal last year over allegations of serious sexual misconduct and bullying. 

The government said it would announce an interim advisory council under Barclay in the coming weeks. 

       

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Three rare coins that could be worth £130,000 – including 1p that could make you ‘retire early’

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Three rare coins that could be worth £130,000 - including 1p that could make you 'retire early'

WHAT could be mistaken as pocket change might actually be worth a whopping £130k.

These three rare coins are a collectors dream and might be hiding down the back of your sofa.

The 1933 penny coin can reach thousands in auction due to its scarcity

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The 1933 penny coin can reach thousands in auction due to its scarcityCredit: BNPS
In 2011 one of the Olympic coins was temporarily misprinted ahead of the games

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In 2011 one of the Olympic coins was temporarily misprinted ahead of the gamesCredit: Royal Mint
This 2014 coin can reach £600 if you can spot one of the rare ones

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This 2014 coin can reach £600 if you can spot one of the rare onesCredit: PA:Press Association

Coin Collector UK is a rare coin guru who has put together a list of the three pieces of change that would upgrade your entire life.

In one of his TikTok videos he said: “You can take an early retirement if you find these coins.”

The 1933 penny coin

The first of the three is the highly sought after 1933 penny coin in which collectors are desperate to get their hands on.

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He added: “One of these old pennies sold at auction for £127,000.

“The year you need to find is 1933 – less than 10 of these were ever produced.

“These are worth huge money with one selling for well over £100,000 pounds and another for about £86,000.”

While there are other dates to look out for, there are only seven 1933 coins known to exist.

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It was once for a staggering £140k and the collector predicts the next one to be found could be sold for even more.

You would be able to trade it for a supercar if you manage to spot one of these coins.

The Olympic Aquatics coin

The next rare find is the The Olympic Aquatics coin which can reach up to £2,000 due to its printing error.

There are thought to be 600 pieces of these 50p coins misprinted in 2011 ahead of the London celebrations with each being worth more than just a pretty penny.

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These coins were printed with lines, mimicking water ripples, over the swimmers‘ head whereas her face was originally designed to be more visible.

The image was quickly changed when the Royal Mint modified the design, leaving only a few of these original coins in circulation.

This slight distortion has collectors battling over the limited edition piece, with one of the highest bidder spending £3,766 to take the precious coin home.

The Lord Kitchener £2 coin

The final one is the most recently printed coin and its details are what makes so valuable.

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It is a £2 coin from 2014 featuring Lord Kitchener – a British military leader.

He is easily recognised pointing in the military recruitment posters stating “Your country needs you.”

These coins can fetch up £800 – but only if it has this specific printing error.

Only a few of these have been found and one TikTok user called @thecoincollectoruk revealed what to look for.

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In a TikTok video he stated: “If you find this £2 coin check it for an extremely rare error.

“The coin must lack the inscription “two pounds” on the Queen’s side, otherwise it’s just a regular £2 coin.”

Apparently there are over 5,700,000 of the regular £2 but only a handful of the misprinted ones.

What are the most rare and valuable coins?

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From pet rats to an itchy dog – your pet queries answered

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From pet rats to an itchy dog - your pet queries answered

HE is on a mission to help our pets  . . . and is here to answer YOUR questions.

Sean, who is the head vet at tailored pet food firm tails.com, has helped with owners’ queries for ten years.

Sean responds when asked if pet rats are good pets for children

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Sean responds when asked if pet rats are good pets for childrenCredit: Getty
Sean McCormack, head vet at tails.com, promises he can 'help keep pets happy and healthy'

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Sean McCormack, head vet at tails.com, promises he can ‘help keep pets happy and healthy’

He says: “If your pet is acting funny or is under the weather, or you want to know about nutrition or exercise, just ask. I can help keep pets happy and healthy.”

Q) MY children Emma and Lila want some pet rats, and are aged seven and eight. Is that too young?

LIZZIE HORTON, Reading, Berks

Sean says: Borderline in age, I would say, so it depends on their level of enthusiasm, responsibility and ability to gently care for their pets.

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Rats make the most fantastic pets, being very intelligent, clean and just so interactive.

Your girls can even teach them tricks.

They are the pet dogs of the rodent world, for sure. Maybe find someone locally who has a pet rat then go and handle it and learn more about its care.

You’ll have a better idea then if your girls are ready for this.

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But good luck saying no to them after they fall in love with the idea of a pet rat.

Q) MY dog has really bad allergies. Vera is a Dalmation and gets so bothered by her constant itches.

I’m the Dogfather – here’s how to get and keep your anxious pooch calm during the autumn thunderstorm..

It affects her paws and stomach and is awful.

We use Apoquel and Piriton but they are both so expensive. Could I use any other over-the-counter antihistamine, do you think? 

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BEN THOMAS, Crawley

Sean says: Sorry to hear this. Unfortunately, antihistamines don’t always work very well with dogs — some are better than others and it depends on the individual dog. 

Some over-the-counter options may have only a mild effect on itchiness, and some human antihistamines are dangerous for your dog.

Please speak with your vet about your options here, being honest that you are finding it hard financially to keep on top of Vera’s medication bill.

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We can usually offer alternatives.

But bear in mind that itchy dogs can be just as frustrating for us vets, to get to the bottom of.

It’s not always a quick fix. Sometimes it can be best in the long run to try to find out what a dog is allergic to, and try to reduce or at least minimise exposure if at all possible.

Q) I WORRY that my cat doesn’t drink enough.

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Pepper has had a couple of urinary infections in the past year. Do you think it’s worth trying running water rather than a bowl?

MIA EDWARDS, Bromley

Sean says: Yes, for cats that have a history of kidney or bladder issues, and those that don’t drink much, it’s always a good idea to invest in a cat water fountain.

Cats are funny creatures in their drinking habits sometimes, but running water does encourage them to keep up their water intake and support healthy kidney function.

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Getting some wet food into Pepper’s diet will also help to improve her hydration situation.

Q) HOW do you know what sex your tortoise is?

I have an 80-year-old who we thought was a male. Then a vet surprised us and said they think it’s a female.

We don’t know for sure. Is there a definitive way of telling the sex of a tortoise? Ours is called Speedy. 

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KAREN HARRIS, Sudbury, Suffolk

Sean says: It depends a little bit on species, as there is so much variation.

But the general rule is that males have a longer tail, which is thicker at the base for housing their “equipment”, whereas females have a shorter, thinner tail.

Males also often have a concave plastron, which is the underside of the shell. The female’s plastron, or belly, is flat.

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The concave or curved plastron in male tortoises allows them to fit more comfortably on top of the female when they are having “adult tortoise piggy back rides”, if you catch my drift.

Star of the week

Mischievious and well-loved dachsund Pip is our star of the week

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Mischievious and well-loved dachsund Pip is our star of the weekCredit: Supplied

MINIATURE dachshund Pip may have been a pocket-sized pooch – but also gave a gigantic amount of love until he died last week.

Adored by Romy Turnbull, 11, her younger brother George, 6, and mum Helen, the 13-year-old pup filled their lives with joy.

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Pip had a huge character and when he wasn’t chasing balls while on walks with Romy he loved devouring his favourite treat of chicken.

He was even allowed to sleep on Romy’s bed at night.

Their father Dominic, from Hertfordshire, said: “Pip was adored by Romy and George, and he was a mischievous fixture of family life from his arrival as a tiny, fearful pup.

“Farewell loyal friend – and thank you for a full life and the love you brought to us all.”

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WIN: Session with pet behaviourist

 WANT a happier, stress-free life with your cat?

Win three hours of online support with behaviourist Lisa Sinnott, from St Claws Academy, worth £375.

You  get tailored advice and six months of follow-up support, and just need a referral from your vet.

To enter, email CAT to sundaypets@the-sun.co.uk by Oct  20. See stclawsacademy.co.uk.

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Terms and conditions apply.

It’s good to talk… and walk the dog

WE’RE a nation of dog borrowers, according to a study which says one in eight of us take other people’s mutts for walkies.

More and more non-owners beg pals for a mood-boosting loan of man’s best friend, says pet-sitting and walking service Rover.com.

One in  eight of us take other people’s dogs for walkies

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One in eight of us take other people’s dogs for walkiesCredit: Getty

Dog ownership has gone from around 11 million to 13 million in the last four years.

A Rover.com spokesman says: “Our research showed that the mental health of dog owners was much improved after getting a dog.

“It can help us stay active, eases loneliness and gives us a reason to smile and laugh every day.

“But those who don’t have their own dog are still finding ways to enjoy the benefits, with 49 per cent saying just being around dogs – even if not their own – improves their mood.”

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Claire Bowman, 33, of Tonbridge, Kent is desperate for a dog and her landlord won’t allow it.

But nurse Claire says: “I take my friend’s sausage dog Chucky out for a walk twice a week.

“As soon as I see him, he runs over to me and starts licking me, so I’m smiling from the moment I see him until I hand him back.”

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October Budget could see A THIRD of Brit businesses activate ‘exit plans’ thanks to major tax change

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October Budget could see A THIRD of Brit businesses activate 'exit plans' thanks to major tax change

A THIRD of British businesses are working on “exit plans” ahead of the October Budget’s rumoured tax shakeup, a survey of executives have found.

Bosses are “fast-tracking” their preparations to try and reduce the impact of a “painful” rate hike.

A third of British businesses are working on 'exit plans' thanks to tax fears, a new survey has found

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A third of British businesses are working on ‘exit plans’ thanks to tax fears, a new survey has foundCredit: PA
Chancellor Rachel Reeves is reportedly considering hiking the rate of capital gains tax

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Chancellor Rachel Reeves is reportedly considering hiking the rate of capital gains taxCredit: Getty

Chancellor Rachel Reeves will rise to the dispatch box on October 30, seeking to fill what ministers have called a £22 billion “black hole” in the books.

Labour has repeatedly promised not to increase the main rates of income tax, national insurance and VAT and has limited any rises in corporation tax to no higher than 25%.

As a result, ministers are looking around for other ways to raise the cash necessary to plug the “black hole”.

It has been rumoured that Ms Reeves could seek to equalise capital gains tax (CGT) with income tax as part of the Treasury’s efforts to right the financial ship,

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This could see businesses handing as much as 45% of their profits in capital transactions to the Exchequer.

What is capital gains tax and who pays it?

By Jacob Jaffa

Capital gains tax (CGT) is raised on the profits derived from the sale of assets.

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It is separated from income tax, which is charged on earnings paid out in return for work.

CGT applies to the sale of any personal possession worth over £6,000 (apart from vehicles) and any shares or business assets.

A version of the tax also applies to certain properties with the sale of any second home and, in some cases, your main home subject to the charge.

There is also an allowance of £3,000 on anything that is not a personal belonging (e.g. shares) and £1,500 for trusts.

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It is currently charged at a basic rate of 10%, which rises to 18% when dealing with property.

However, if you pay the higher rate of income tax, this jumps to 20% and 24% respectively.

Likewise, if the sale value of your asset is above the basic income tax threshold (currently £50,270) you will be charged the higher rates on the amount you go over by.

The rate is currently just 10% for most deals, rising to 18% on the sale of residential property.

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Senior Labour figures have long pushed for equalisation, arguing that capital gains are just like any other form of income and should be taxed accordingly.

But critics maintain that such a move would disincentivise investment, drive down productivity and put the handbrake on economic growth.

A new study from wealth management company Evelyn Partners suggests that almost a third of entrepreneurs in the UK are now working on “exit plans” – up 6% from 18 months ago.

This would involve businesses selling off as many assets as possible before the Budget in order to benefit from the lower rate before the tax is potentially hiked.

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Labour plotting blitz on boozers with Budget ‘sin tax’ raid on pubs as Wes Streeting threatens outdoor smoking ban

Around a quarter of those asked said they had accelerated their plans to pull out of solid assets thanks to worries over CGT.

And a fifth said they had done the same due to concerns of potential cuts to inheritance tax relief.

Laura Hayward, of Evelyn Partners, said: “As opinion polls increasingly suggested a change in government and the consequential potential for tax changes was becoming more likely, an increasing number of business owners have got in touch with us to have conversations about business exits.

“The business environment for many owners has already been tough enough in recent years as they have worked hard to rebuild their businesses after the pandemic, against a backdrop of cost-of-living pressures and high inflation.

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“Add to that the potential for unfavourable tax changes in the upcoming Budget and it’s completely understandable that some are hoping to realise the gains of their successes sooner rather than later.”

It comes after The Sun exclusively revealed that Ms Reeve’s top aide had hinted at higher eco-taxes being announced in the Budget.

There was also public outcry over the expected decision to reverse a 2022 cut in fuel duty, despite the Government’s pledge not to raise taxes on “working people”.

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