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Labour’s massive public sector pay hikes lead to huge surge in September borrowing

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Labour's massive public sector pay hikes lead to huge surge in September borrowing

LABOUR’S massive public sector pay hikes led to a record-busting September of borrowing.

The Office of National Statistics say the government has borrowed £6.7 billion more than planned this year after the third highest September on record.

Labour's massive public sector pay rises lead to huge surge in September borrowing

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Labour’s massive public sector pay rises lead to huge surge in September borrowingCredit: Getty

It came despite an increase in tax take due to fiscal drag meaning more workers were stung on their wages.

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The stats bosses said: “While tax revenue increased, this was outweighed by increased spending, partly due to higher debt interest and public sector pay rises.”

Government borrowing rose to £16.6billion in September – £2.1billion more than a year earlier.

Borrowing for the year stood at £79.6billion, £1.2billion more than a year earlier and £6.7 billion more than forecast.

This came despite the first fall in central government benefit payments since early 2022, in part due to Labour’s decision to test the winter fuel allowance, which is paid out in November and last year cost around £2 billion.

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Treasury Chief Secretary Darren Jones said the state of the public finances meant there would be “difficult decisions” in the October 30 Budget.

City firm Blick Rothenberg said “Income Tax annual receipts were “up 8.6% in the last 12 months, equating to £22.6bn more in the Treasury’s coffers.

“The main cause of the income tax increase is fiscal drag which continues to bring more people into higher rates of tax.

“This has been created by wage rises over the past 12 months and the freezing of the personal allowances and tax bands.”

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Exact animal to spot on new 50p coin needed to complete rare collection worth up to £160

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Iconic Christmas character to spot on rare 50p that makes it worth 21 times face value

SPOTTING a specific animal on a 50p could help you complete a rare collection that could be worth up to £160.

The Royal Mint has launched a new steppe mammoth coin as part of its latest Tale of the Earth Collection, which features rare and extinct animals.

The Royal Mint has launched a new collection featuring the Steppe Mammoth

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The Royal Mint has launched a new collection featuring the Steppe MammothCredit: changechecker

In the past, the designs have included dinosaurs but the latest range is centred around the Ice Age, which took place over 11,000 years ago.

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Experts at Change Checker said: “The Tales of the Earth series as a whole is dedicated to celebrating ancient life on our planet, offering collectors a glimpse into a world that existed thousands of years ago, and the Ice Age Giants 50ps take us all the way back to the Ice Age.”

The 50p coin was designed by paleo-artist Robert Nicholls in collaboration with the Natural History Museum.

The reverse of the coin features a design of the famous animal, which was wiped out centuries ago due to hunting and rising temperatures.

It is currently available to buy from the Royal Mint website, with prices starting at £12.

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These coins are uncirculated, meaning they are for collectors and you would not receive one as change in a shop.

The UK manufacturer has plans to release two more coins for the collection, which feature a 50p woolly rhino and also a giant dear.

These are not available to buy yet but you can pre-order them on the Change Checker website.

In the past, similar collections like this have been highly sought after by collectors.

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The Royal Mint 2021 dinosaur collection, featuring all three coins, was sold for £160 on eBay earlier this month.

How to spot a 50p worth £50 and mule 20p that sells for £30

But it is worth remembering that coins are only worth what buyers are willing to pay for them.

For example, an identical set was sold for £25 on October 21.

The single steppe mammoth coin sold for £9.99 on eBay this week.

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As the new Ice Age collection has not yet been fully launched, so it’s not quite clear just how much it will be worth.

But it’s not just animal collections that spark interest from collectors.

Coins featuring characters from children’s books or television can also be a hit.

For example, the Royal Mint’s 2018 edition of The Snowman coin, which features the iconic image of him flying in the sky, sold for £10.50 this Ocotber.

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The 2019 edition, depicting the lovable cartoon as he comes to life, sold for £10.99 this month also.

You may have seen recently The Royal Mint released a 50p coin featuring the Gruffalo to celebrate the 20th anniversary of its books.

The Sun recently rounded up a full list of quirky rare coins that could be worth £356, which you can check out here.

How to spot rare coins and banknotes

Rare coins and notes hiding down the back of your sofa could sell for hundreds of pounds.

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If you are lucky enough to find a rare £10 note you might be able to sell it for multiple times its face value.

You can spot rare notes by keeping an eye out for the serial numbers.

These numbers can be found on the side with the Monarch’s face, just under the value £10 in the corner of the note.

Also if you have a serial number on your note that is quite quirky you could cash in thousands.

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For example, one seller bagged £3,600 after spotting a specific serial number relating to the year Jane Austen was born on one of their notes.

You can check if your notes are worth anything on eBay, just tick “completed and sold items” and filter by the highest value.

It will give you an idea of what people are willing to pay for some notes.

But do bear in mind that yours is only worth what someone else is willing to pay for it.

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This is also the case for coins, you can determine how rare your coin is by looking a the latest scarcity index.

The next step is to take a look at what has been recently sold on eBay.

Experts from Change Checker recommend looking at “sold listings” to be sure that the coin has sold for the specified amount rather than just been listed.

What are the most rare and valuable coins?

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M&S shoppers rush to buy £15 Christmas chocolate box with ‘magical’ surprise feature

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M&S shoppers rush to buy £15 Christmas chocolate box with ‘magical’ surprise feature

M&S shoppers are obsessed with a £15 box of chocolates which comes with a unique festive surprise.

The fancy supermarket has brought out a gift box with a magical miniature forest inside – and when you shake it, it snows.

M&S The Magical Snowing Forest is £15 in M&S food halls

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M&S The Magical Snowing Forest is £15 in M&S food hallsCredit: M&S

The 200g Magical Snowing Forest which has a charming snow-globe effect has sent M&S fans wild on social media.

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One user took to the Christmas Money Saver Facebook group to share a photo of their find with the group.

“The world’s first snowing chocolate box” contains milk and blonde truffles in a secret drawer compartment.

The post was met with over 2,000 likes and 337 comments.

One said: “Omg I so want one of these”.

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Another wrote: “Just bought it, it’s really beautiful and would be a fabulous gift to get.”

While a third added: “I got one for my husband and one for a friend, I love it, I know my granddaughter would love it too.”

You can buy the snow box in-store in M&S from the food hall.

To find your nearest M&S store, you can go to its website and use the store finder tool.

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INSIDE FORTNUM’S XMAS COLLECTION

But make sure you’re quick as items like these tend to sell out fast.

Or if you’d rather have it delivered to your house, you can order it online through Ocado.

Bear in mind this will be a little pricier as delivery costs extra.

You should also have a shop around before you buy the box to see if there are any similar products for cheaper elsewhere.

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The M&S Magical Forest was the only snow-globe chocolate box we would find, but the shop does also sell a Santa chocolate sleigh for just £5.

You can also buy a 140g box of festive chocolate shortbread stars for £2.10 in Tesco.

Or Cadbury‘s 110g snow-ball themed chocolate bar is available to buy in most supermarkets.

In Sainsbury’s, for example, it is £1.65 for a bar of snowball chocolate, or £4.50 for a 270g bag of snow balls.

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Aldi is also selling a 125g box of Dairyfine mini chocolate snowmen for £3.29.

Supermarkets are always changing their prices, so it’s best to check how much your product is online before visiting the store.

Websites like Trolley are useful for comparing prices between major supermarkets and making sure you bag the best deal.

And when you’re in store, it always helps to keep an eye out for yellow stickers, as you never know what might unexpectedly be reduced.

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What else is M&S selling this Christmas?

M&S festive food is always the centre of excitement at Christmas time, with shoppers splashing that little bit extra to mark the occasion.

The Sun tried all 450 new items in the M&S huge Christmas range, including a turkey feast lasagne and hot honey brie.

We rated the Xmas dinner dip the top of our list this year – it features bacon bits, turkey, cranberry and even stuffing and is delicious to eat with bread or crisps.

Booze lovers will also be pleased to see the original snow globe gin liqueur back on shelves this year after it was slashed from last year’s range.

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In previous years M&S have had to install an alcohol buying limit because of the massive demand.

Shoppers can also buy 75cl bottles of cocktail drinks on sale at the moment for just £5.50, which come in flavours Christmas Cosmo, Christmas Colada and Christmas on the Beach.

The new white mulled wine is also £6 and offers another twist on a winter favourite, with pear, vanilla and mulled spice flavours.

How to save money on Christmas shopping

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Consumer reporter Sam Walker reveals how you can save money on your Christmas shopping.

Limit the amount of presents – buying presents for all your family and friends can cost a bomb.

Instead, why not organise a Secret Santa between your inner circles so you’re not having to buy multiple presents.

Plan ahead – if you’ve got the stamina and budget, it’s worth buying your Christmas presents for the following year in the January sales.

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Make sure you shop around for the best deals by using price comparison sites so you’re not forking out more than you should though.

Buy in Boxing Day sales – some retailers start their main Christmas sales early so you can actually snap up a bargain before December 25.

Delivery may cost you a bit more, but it can be worth it if the savings are decent.

Shop via outlet stores – you can save loads of money shopping via outlet stores like Amazon Warehouse or Office Offcuts.

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They work by selling returned or slightly damaged products at a discounted rate, but usually any wear and tear is minor.

Do you have a money problem that needs sorting? Get in touch by emailing money-sm@news.co.uk.

Plus, you can join our Sun Money Chats and Tips Facebook group to share your tips and stories

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Major bank giving away £180 in free cash in time for Christmas – are you eligible?

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Major bank giving away £180 in free cash in time for Christmas - are you eligible?

A MAJOR bank is giving away £180 in free cash – just in time for the expensive Christmas period.

The generous reward is available to any new or existing customer who switches their main current account to the bank’s reward account.

NatWest's new bank account switch deal could see customers bag £180 in cash

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NatWest’s new bank account switch deal could see customers bag £180 in cashCredit: Alamy

The offer from NatWest lasts for a limited time only – so those eyeing up the extra cash for Christmas should act fast.

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To be eligible, customers must pay £1250 into their new Reward Account – through either single or multiple payments.

This must remain in the account for 24 hours.

Customers must also have the latest version of the NatWest mobile banking app.

If these conditions are met, £180 will be paid into the account within seven days.

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And it’s not the only reward available for switching to the NatWest Reward Account.

Customers can also receive a further £60 in rewards a year by signing up – as well as money off at a range of retailers.

However, the account does charge a £2 monthly fee.

Other banks are also offering cash incentives for switching bank accounts in the runup to Christmas.

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Lloyds is offering £200 to customers who switch to the Club Lloyds account before December 10.

Natwest boss blasted over ‘not difficult’ to buy claim lives in £2m home

Those who open a 1st Account with First Direct can enjoy a payment of £175.

Nationwide has launched a new offer of £175 to switch to its FlexDirect, FlexPlus or FlexAccount current accounts.

And Co-op Bank has announced that customers could receive £75 for switching to the bank – plus three monthly installments of £75.

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Aside from the Reward Account, NatWest also has some other tempting offers for customers.

These include a 6% interest rate with the Digital Regular Saver account, prepaid “Rooster” debit cards for kids, and 1% back in rewards on the Travel Reward Credit Card.

These rewards can be exchanged for Amazon vouchers as well as cash.

To change your bank account, you should go through the Current Account Switch Service (CASS).

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This automatically moves all your direct debits to your new account.

How do I switch bank accounts?

SWITCHING bank accounts is a simple process and can usually be done through the Current Account Switch Service (CASS).

Dozens of high street banks and building societies are signed up – there’s a full list on CASS’ website.

Under the switching service, swapping banks should take seven working days.

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You don’t have to remember to move direct debits across when moving, as this is done for you.

All you have to do is apply for the new account you want, and the new bank will tell your existing one you’re moving.

There are a few things you can do before switching though, including choosing your switch date and transferring any old bank statements to your new account.

You should get in touch with your existing bank for any old statements.

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When switching current accounts, consider what other perks might come with joining a specific bank or building society.

Some banks offer 0% overdrafts up to a certain limit, and others might offer better rates on savings accounts.

And some banks offer free travel or mobile phone insurance with their current accounts – but these accounts might come with a monthly fee.

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‘Extinct’ Cadbury’s chocolate bar returns to B&M shelves as shoppers rush to ‘buy them all’ before they run out

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'Extinct' Cadbury's chocolate bar returns to B&M shelves as shoppers rush to 'buy them all' before they run out

CHOCOHOLICS are going wild after a Cadbury’s treat they thought was “extinct” was spotted on the shelves at B&M.

It marks the return of an iconic chocolate bar – but this time in miniature form.

B&M shoppers have gone wild for the chocolatey treat

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B&M shoppers have gone wild for the chocolatey treatCredit: Getty
The snack is a riff on the classic Fuse bar

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The snack is a riff on the classic Fuse barCredit: Sweetbox Shop
A Facebook user posted a picture of the Fuse Mini Treats

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A Facebook user posted a picture of the Fuse Mini TreatsCredit: Facebook/Newfoodsuk

A picture of the Cadbury Fuse Mini Treats was posted to a Newfoodsuk Facebook group.

So far, it has wracked up a whopping 539 reacts and over 70 shares.

Nearly 300 overexcited chocolate-lovers rushed to the comments, with one telling their friend: “If you see these buy all of them.”

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Others pointed out that the Mini Fuse Treats hailed the return of a cult classic – the Fuse bar.

This is not currently on sale in supermarkets, but does occasionally appear on specialist websites such as Bombon.

One wrote: “I thought fuse chocolate was extinct, seems like it still exists.”

Another said: “If these are like the old FUSE bars I NEED these!”

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A third disbelieving fan commented: “Used to have these in full size bars years ago. Delish.”

The Fuse bar is a combination of crunchy peanuts, gooey caramel and a creamy truffle centre, all coated in smooth milk chocolate.

The grab-bag version contains seven mini bars, according to the packaging.

Shoppers beg Cadbury’s to bring back 2005 recipe on iconic bar – as they moan current one ‘tastes like candle wax’

It comes as B&M shoppers also went wild for a new twist on the Dream bar.

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Meanwhile, chocolate lovers raved about a new type of M&Ms – the Candy Popcorn M&M Minis.

And Nestle added a new chocolate to its Quality Street “Favourites Golden Selection” pouch – the Toffee Penny.

How to save money on chocolate

We all love a bit of chocolate from now and then, but you don’t have to break the bank buying your favourite bar.

Consumer reporter Sam Walker reveals how to cut costs…

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Go own brand – if you’re not too fussed about flavour and just want to supplant your chocolate cravings, you’ll save by going for the supermarket’s own brand bars.

Shop around – if you’ve spotted your favourite variety at the supermarket, make sure you check if it’s cheaper elsewhere.

Websites like Trolley.co.uk let you compare prices on products across all the major chains to see if you’re getting the best deal.

Look out for yellow stickers – supermarket staff put yellow, and sometimes orange and red, stickers on to products to show they’ve been reduced.

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They usually do this if the product is coming to the end of its best-before date or the packaging is slightly damaged.

Buy bigger bars – most of the time, but not always, chocolate is cheaper per 100g the larger the bar.

So if you’ve got the appetite, and you were going to buy a hefty amount of chocolate anyway, you might as well go bigger.

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Mrs Hinch fans reveal ‘miracle’ hack to remove rust from garden furniture before you put it away for winter & it’s free

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Mrs Hinch fans reveal 'miracle' hack to remove rust from garden furniture before you put it away for winter & it's free

SOCIAL media users are going wild for a clever cleaning hack that removes rust – and it’s basically free.

You can make it yourself with two, everyday store-cupboard items – and it’s perfect for de-rusting garden furniture before you pack it away for the winter.

The hack is handy for removing rust from metal outdoor furniture

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The hack is handy for removing rust from metal outdoor furnitureCredit: Getty
It involves tomato sauce

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It involves tomato sauceCredit: Getty
Cleaners are advised to apply the condiment with scrunched-up tin foil

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Cleaners are advised to apply the condiment with scrunched-up tin foilCredit: Getty

The tip was posted on a Facebook group inspired by cleaning influencer Mrs Hinch, also known as Sophie Hinchliffe.

It involves simply combining tomato ketchup with scrunched-up tin foil.

The hack was shared after a user took to the group seeking advice on how to remove rust from her outdoor metal stools.

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One commenter wrote: “Tomato sauce and scrunched-up tin foil. Used it on mine. Removed the rust and didn’t scratch the metal.”

Another advised: “Foil scrunched up and tomato ketchup. Mine are quite a few years old and were very rusty.”

The poster then returned to the group to share her feedback on the hack.

She said: “Today I tried ketchup and tin foil, and it worked.

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“I have to admit I was sceptical, but you were all right, and I was wrong. And, as somebody asked, it didn’t scratch the chrome.”

Another shared that they had tried the hack on their bathroom tower rail and were delighted with the results.

She hailed it a “game changer”, adding: “Vinegar didn’t make any difference this is much better.”

We were quoted £10k to redo our kitchen by the pros, so did it ourselves on a budget – it’s loads easier to clean now too

The method works because the acetic acid in the tomato sauce reacts with the copper oxide in the rust.

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Meanwhile, the scrunched-up foil helps create friction to gently rub away the rust.

Cleaning enthusiasts should first apply the tomato sauce to the area, leaving it to sit for 20 minutes.

Then, you should use the crumpled foil to scrub the surface in circular motions.

Once finished, wipe the patch clean with a soapy cloth and dry.

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It comes as Mrs Hinch fans also shared a handy trick for getting rid of kids’ ink stains – using hairspray.

Hairspray, which costs as little as 85p from Bodycare, can be used to help remove stains by letting the formula sit on the affected area for a few minutes before washing the item with a detergent and warm water.

Cleaning hacks and tips

Here are some tips to help you clean your home like a pro:

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B&M shoppers rush to buy ‘bargain’ toys perfect for Christmas scanning from just 10p

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B&M shoppers rush to buy 'bargain' toys perfect for Christmas scanning from just 10p

B&M shoppers are rushing to do their Christmas shopping with toys scanning between 10p and £1.

Two savvy savers recently spotted the cheap toys in their local branches and finished festive shopping for the children in their family.

B&M shoppers are rushing to do their Christmas shopping

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B&M shoppers are rushing to do their Christmas shoppingCredit: Facebook
Toys are scanning for 10p

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Toys are scanning for 10pCredit: Facebook
Two savvy savers recently spotted the cheap toys in their local branches

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Two savvy savers recently spotted the cheap toys in their local branchesCredit: Facebook
One user proved the bargains were real

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One user proved the bargains were realCredit: Facebook

The shoppers posted their find on the Extreme Couponing and Bargains UK Facebook group after snapping up various toys for pennies.

One of the members who posted about their finds shared pictures of the toys they purchased and said that their daughter’s Christmas shopping was “finished thanks to this”.

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Another member gushed over the find, saying they “never get any of the bargains but today [they] did!”

They also added that items were apparently reduced due to having old barcodes on.

Plenty of fellow bargain hunters have liked and commented on the posts keen to find toys in their local branch.

One user said: “Wow! Well done on being in the right place!”

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Another commented: “Brilliant well done on your bargains.”

And: “That is amazing!”

A B&M employee even confirmed the discounts in the comment section.

They said: “These are all old stock so it’s not going to be every store. I work for B&M.”

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Fashionistas race to Tesco for new festive partywear, including a £35 outfit that’s already being deemed a ‘Christmas Day masterpiece’

Any B&M shoppers looking to snap up the £1 and under toys won’t be able to find it online.

It’s not guaranteed you’ll find it in your local branch either, so it might be worth calling your local branch ahead to avoid a wasted trip.

In any case, you should always shop around before buying something like this as you might find the same, or similar, item for less at another retailer.

You can use online price comparison sites like Price Spy and Trolley to see if a product you have found is the cheapest against others.

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You can also use the Google Shopping/Product tab to do a quick scan of the internet.

However, we had a quick look online to see if any other retailers are selling some of these toys for under £1 and there weren’t any.

If you’re looking to pick up a bargain on your next B&M shop, you should get the retailer’s scanner app.

It’s free to download on to your smartphone via the Apple App Store or Google Play.

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Once downloaded, you can use the camera on your phone to scan barcodes in-store.

It then tells you if a product has been reduced in price, even before a member of staff has changed the label.

The app also offers you a description of the product you are scanning.

It’s quite common for shoppers to find under £1 bargains in their local B&M stores.

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One customer recently found a stainless steel egg slotter for just 10p instead of £2.99.

Another shopper found pet toys slashed to 10p in their local branch this summer.

Remember, you can find your nearest B&M branch by using the retailer’s store locator tool on its website.

Other ways to save money at B&M

One ex-B&M manager said the best time to visit your local store is first thing on a Wednesday.

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This is when staff slash items to as little as 10p to clear excess stock and make way for new lines.

Deals expert Tom Church urged shoppers to keep an eye out for red stickers products as well.

These are put on special buy products that have also been reduced in price.

It’s worth signing up to Facebook pages dedicated to hunting for bargains from B&M and other discounters too.

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Some of the best ones to join are B&M Bargains, Extreme Money Saving Deals and More and Extreme Couponing and Bargains UK group.

How to bag a bargain

SUN Savers Editor Lana Clements explains how to find a cut-price item and bag a bargain…

Sign up to loyalty schemes of the brands that you regularly shop with.

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Big names regularly offer discounts or special lower prices for members, among other perks.

Sales are when you can pick up a real steal.

Retailers usually have periodic promotions that tie into payday at the end of the month or Bank Holiday weekends, so keep a lookout and shop when these deals are on.

Sign up to mailing lists and you’ll also be first to know of special offers. It can be worth following retailers on social media too.

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When buying online, always do a search for money off codes or vouchers that you can use vouchercodes.co.uk and myvouchercodes.co.uk are just two sites that round up promotions by retailer.

Scanner apps are useful to have on your phone. Trolley.co.uk app has a scanner that you can use to compare prices on branded items when out shopping.

Bargain hunters can also use B&M’s scanner in the app to find discounts in-store before staff have marked them out.

And always check if you can get cashback before paying which in effect means you’ll get some of your money back or a discount on the item.

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