Money
Map reveals what 63 closed bank branches have become – from beautiful pub to boutique B&B as half remain EMPTY
HALF of bank branches that shut over a year ago are still sitting empty today, an investigation by the Sun has found.
Bank branch closures have swept the country at an alarming pace over the past nine years.
Roughly 645 branches shut for good last year as banks are increasingly encouraging customers to manage their money online.
The closures have left hundreds of businesses, vulnerable, elderly and low-income households without access to vital banking services.
In total, bank and building societies have shuttered 6,161 branches since 2015, at a rate of around 53 each month, according to consumer group Which?.
But on top of the loss of vital banking services, the closures have left behind thousands of empty plots on some of Britain’s busiest high streets.
Read more on bank branches
Now, the Sun can reveal what happens to bank branches after they close their doors for the last time.
Our investigation found that of the 63 bank branches that shut a year ago in October 2023, more than 30 are still derelict today.
This includes Lloyds Bank branches in Kingsbridge, Northampton, Slough and Cromer.
Meanwhile, Barclays branches in Dunstable, Leighton Buzzard and Cardiff are still up for rent on commercial property websites.
Just five of the buildings which housed bank branches this time last year have been taken over by new owners, while 19 of the 63 units have been looking for a tenant for the whole year.
What’s happened to the rest of them?
While that may sound depressing, a number of abandoned bank branches have recently been given a new lease of life – some in weird and wonderful ways.
An old Lloyds Bank branch in Farnham, Surrey, has been transformed into a gorgeous new pub called the Teller Arms.
The Grade II-listed building in the town centre had been operating as a bank for more than a century before it closed last October.
After a renovation, the pub/inn opened its doors last month and is complete with nine bedrooms and a roof terrace.
And it’s not the only branch to get a makeover into a hotel.
A Bank of Scotland branch in Ullapool, near Loch Ness is also now welcoming guests.
The Victorian stone property was built in 1904 and was originally home to the bank manager.
It still operated as a bank twice a week until the branch was wound down in October last year.
Meanwhile, a Barclays bank branch in Thirsk, North Yorkshire, now houses a solicitor.
Another branch of the bank in Norwich has been taken on by an accounting firm.
And planning permission was recently put in for a Barclays bank branch in Potters Bar, Hertfordshire, to be developed into a dental surgery.
Meanwhile, a Barclays branch in Dumfrieshire was put up for auction in April.
Unfortunately, many bank branches are now boarded up and derelict like Barclays’ closed branch in Dumfires, which shut last October.
What’s the situation with bank branch closures?
More than five million people still rely on cash and face-to-face services to manage their money, according to ATM network LINK, while nearly a quarter of adults feel digitally excluded and are uncomfortable using digital apps.
But the pace of bank branch closures in all parts of the country is rapid.
Across the UK, there are now 30 parliamentary constituencies that do not have a single bank branch, according to consumer group Which?.
This means that just over three million people cannot manage their money in branch in the area where they live.
Meanwhile, another 56 constituencies have just one branch left.
Yorkshire and Humber has the fewest bank branches to serve its population of any UK region, according to Which?.
There are just 248 branches left in the area to serve a population of 5.6 million people.
This is equivalent to every Yorkshire resident sharing their bank branch with 22,600 others.
Jenny Ross, Which? Money editor, said: “”Bank branch closures can be devastating for those who rely on access to cash.
“New rules to protect free access to cash have been hard won and should make banks think twice about shutting branches without adequate replacements.”
As bank branches exit the High Street, many communities will receive a banking hub instead.
Every time a bank branch is closed, ATM network LINK assesses whether it leaves a cash access gap in the local area and if a new service such as a banking hub is needed.
These hubs allow customers of several different banks to manage their money in a branch.
They are run by the Post Office and are shared with major high street banks.
Inside there is a dedicated counter for cash services, which allow customers to withdraw and deposit cash.
Meanwhile, a local community banker can help with more complicated transactions such as mortgages, loans, pensions on dedicated days of the week.
So far there are 76 banking hubs which are already open but a total of 168 have been planned.
Meanwhile, banks have committed to set up 350 hubs by 2029.
“Banking hubs that are already open are playing an important role in regenerating High Streets all over the country,” said Adrian Roberts, Deputy CEO of LINK.
But Ms Ross said the pace at which they are rolled out needs to be accelerated for customers to be able to use them.
“Banking hubs will play a key role in ensuring access to cash, but their rollout remains far too slow for consumers to feel their benefits,” she said.
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Money
State pensioners can claim £350 free cash payment to help with energy bills after winter fuel payments cut
STATE pensioners are eligible to claim up to £350 in cash to help cover the cost of energy bills this winter.
The Suffolk Community Foundation has launched the 14th year of its annual Surviving Winter appeal, which is in response to winter fuel payments being slashed.
Previously, the winter fuel payment was paid to all pensioners to help with energy bills.
However, in July, the government said it would only be made to those on low incomes who received certain benefits.
Chancellor Rachel Reeve’s decision to means-test the up to £300 cash boost has meant around 10million elderly people can no longer get the support.
Now only those receiving pension credit will receive the handout.
The Suffolk charity said it’s campaign has become even more relevant this year because ninety per cent of pensioners are estimated to lose the winter fuel payment.
It added that the government’s policy change also means the organisation cannot rely on those who do not need the payment to consider donating it to help others.
According to the appeal’s website, the campaign has raised more than £1.5 million so far, and the charity is appealing to anyone who feels able to donate to consider doing so.
£175 could be used to help someone pay for gas or electricity, whereas £350 could provide 500 litres of heating oil.
It adds that the fund has provided a lifeline for many thousands of people by helping them to stay safe and healthy in their own homes as the weather turns colder.
How can I apply for the scheme?
You may apply for support if you are over the age of 66 and are not on pension credit.
You must also live in Suffolk, have maximum savings of £5,000 and a maximum income of £20,000, or £24,000 if you’re a couple.
Three charity partners are working with Suffolk Community Foundation to manage the applications and payments; East Suffolk Citizens Advice, Sudbury and South Suffolk Citizens Advice and Gatehouse Caring.
Individuals wishing to apply should get in contact with the office of the district or borough they live in.
What other cost of living payments are available?
Plenty of councils across the country are offering extra support to pensioners in light of the missing Winter Fuel Payment.
For example, Salford City Council has £2.7million of cash to give to struggling people this winter.
Salford City Mayor Paul Dennett said the funding will help the most vulnerable and anyone who is struggling financially should get in touch.
It will not be paid in cash but in vouchers which residents can use for food or fuel.
Residents do not need to be in receipt of benefits to apply. You can apply by visiting: https://contactus.salford.gov.uk/?formtype=HSF.
You can also call the helpline 0800 011 3998.
The current economic climate is seeing more charities step in to fill the gap left by a lack of support from the Government and statutory services.
For those living with cancer, Macmillan’s Financial Grants Scheme was established to help support those who are struggling to cover essential living costs.
So anyone living with cancer and who needs help with bills and other essentials can apply for the grant.
It’s worth up to £350 and is a one-off payment and can be used to help with things like:
- Energy bills
- Home adaptions
- The cost of travel to and from hospital
- Any extra costs you might have because of cancer
It is means-tested, so you must have no more than £6,000 in savings for a household of one person or no more than £8,000 for a household of two or more people.
You must have a weekly income of no more than £323 per week for a household of one person or no more than £442 per week for a household of two or more people.
Benefits like personal independence payments (PIP), disability living allowance (DLA) or attendance allowance (AA) do not count towards income for this.
To apply you can call 0808 808 00 00 or you can speak to one of your healthcare team, like a district nurse or Macmillan nurse, care professional or benefits adviser who can fill in the form with you online.
The British Legion has also set up a Cost of Living grant, which can be applied for here using the Lightning Reach portal.
You can also find out what grants may be available to you using Turn2Us’s grant search on the charity website.
There is a huge range of grants available for different people – including those who are bereaved, disabled, unemployed, redundant, ill, a carer, veteran, young person or old person.
How has the Household Support Fund evolved?
The Household Support Fund was first launched in October 2021 to help Brits pay their way through winter amid the cost of living crisis.
Councils up and down the country got a slice of the £421million funding available to dish out to Brits in need.
It was then extended in the 2022 Spring Budget and for a second time in October 2022 to help those on the lowest incomes with the rising cost of living.
The DWP then confirmed a third extension of the scheme through to March 31, 2024.
Former chancellor Jeremy Hunt extended the HSF for the fourth time while delivering his Spring Budget on March 6, 2024.
In September 2024, the Government announced a fifth extension.
What is the Household Support Fund?
You may also be eligible for up to £500 worth of cost of living payments from the government’s Household Support Fund (HSF) which is worth £421 million in total.
It’s available to support those who are struggling to afford household basics including food, energy, wider essentials, and exceptional costs.
The fund has been split up between councils in England who are in charge of distributing their allocation.
It was set up in 2021, however, it has been extended by the UK government a number of times.
How much you are eligible for is usually based on what benefits you already receive and your financial circumstances.
To be eligible for help, you usually have to be in receipt of a council tax reduction or show proof of being in financial difficulty.
Each council has a different application process – so you’ll have to ask your local authority or find out via your council’s website.
To find out how to contact your local authority, use the gov.uk authority tool checker.
In the last round of funding, some residents received their share automatically, while others had to apply.
For example, Haringey London Council is issuing automatic payments to eligible residents, as well as a support fund which can be applied to.
It is also issuing payments to schools, which means they can distribute free school vouchers.
Do you have a money problem that needs sorting? Get in touch by emailing money-sm@news.co.uk.
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Money
We’re the £7bn lottery duo – we’ve seen it all from £196m lotto winner to man who won TWICE & most popular 1st buys
KATHY GARRETT and Andy Carter are a £7billion duo.
That’s the astonishing total which the National Lottery’s longest-serving winners’ advisers have handed out to those lucky punters who have hit the jackpot.
The pair have met more big winners than anyone else in the UK.
And to mark the lottery’s 30th anniversary they have revealed some of the secrets of the more than 5,000 happy winners who they have come to know as friends.
Kathy knows the identity of the mystery recipient of the biggest-ever prize — a mind-boggling £195,707,000 on the EuroMillions draw in 2022.
Remarkably, the winner has managed to remain anonymous and Kathy will not give any clue to their identity.
READ MORE ON LOTTERY WINNERS
But she does say: “They’ve done very well and are doing very well.
Eiffel Tower
“They understand that it’s a lot of money for them and they want to give something back, but to do it in an anonymous way.
“It’s life-changing for anybody to win on the lottery but when you win that sort of money you need an awful lot of support and help, which they have had.
“We guide them and introduce them to people that can help to make their journey a little bit easier.”
Paying off the mortgage is the next thing. But the lottery has paid for a lot of new hips, new knees, new teeth, new hair
Andy Carter
Andy, 50, has been a winners’ adviser for 18 years and has become a bit of a household name.
When winners call the National Lottery to claim their jackpot they will often ask: “Will Andy Carter be coming to see me?”
Over the years Andy has found that winners tend to follow a similar pattern. He says: “Most will buy a new car straight away.
“Quite a few people will put a deposit on a car before we even get there and want to know, ‘When’s my money hitting the account?’
“Paying off the mortgage is the next thing. But the lottery has paid for a lot of new hips, new knees, new teeth, new hair.”
“And laser eye surgery,” adds Kathy, 60, a mum of four from Kent.
One of Andy’s most memorable winners, Les Scadding, now 68, won a £45.5million EuroMillions jackpot in 2009, then invested some of it in Newport County FC in South Wales — and became club chairman.
Remarkably, only one of the 5,000 winners they have dealt with wanted to tell no one — not even family.
Kathy says: “The reason he kept it a secret is that he wanted to surprise his partner and propose to her.
“He arranged to take her to Paris for the weekend and took her to a restaurant in the Eiffel Tower, where he proposed to her.
“Thankfully she said yes, and then he revealed that he’d also won the lottery. But he wanted her to accept his proposal before telling her he had won a million pounds.”
Private jet
The winner booked his romantic holiday in France using an idea that Kathy came up with — a concierge service that make dreams come true for lottery winners.
She says: “It’s proved very popular because some of these winners have never been on a holiday before, or they get a chef in to cook Christmas dinner for all the family, maybe hire a private jet to fly off somewhere.
“Once somebody literally went 200 miles up the road in their private jet and never left the UK.
“We had a lovely couple who won a lot of money last year and they took the whole family away on a private jet — and the dog went with them.”
Andy adds: “Someone said to me the other day, ‘What’s the point of me having this money if I can’t do stuff with the people I love?’.”
The duo’s phones often ping with photos of their big-winning clients on an exotic holiday.
Kathy says: “It’s lovely because you can see the difference their win is making to their lives and that they’re fully embracing it and enjoying it.”
Andy adds: “They could have thought of anyone but they think of you. There was a guy I dealt with who said, ‘I’m going to travel around the world and watch cricket’.
“Now I haven’t spoken to him for years, but every so often he emails a picture. He’ll be in Barbados, Sri Lanka or Sydney, in the great sporting arenas of the world.”
Kathy and Andy are part of a team of seven who visit every lottery player who wins more than £50,000.
They take with them a book in which punters can record their memories of the win — and a bottle of champagne that comes out when all the formalities are completed.
Often during that first meeting winners’ phones will be constantly pinging as news leaks out that they have won the jackpot.
Andy says: “Sometimes you turn up at people’s houses and the whole village or even the whole town knows.
You’ve got people knocking on the door when you’re there and messages are coming through saying, ‘Congratulations on your lottery win’.
The oldest winner I’ve paid was 105. It wasn’t going to make a massive difference to her life at that age but it gave her real pleasure to see that her family would benefit from it
Kathy Garrett
“The winner, who hasn’t gone public at this stage, will often look at their phone and say, ‘Oh, I haven’t seen him for years’.
“Nice news spreads fast and people are genuinely pleased. They like to know someone who’s won the lottery.”
Kathy, who was once hugged so hard by a delighted winner that she feared he would crack her ribs, says: “The oldest winner I’ve paid was 105.
“She lived in a little house and she had all her family around her.
“It wasn’t going to make a massive difference to her life at that age but it gave her real pleasure to see that her family would benefit from it.”
Another of Kathy’s winners, Doris Stanbridge, from Dorking in Surrey, was 70 when she won the lottery’s Set For Life game, which pays out £10,000 a month for 30 years.
Kathy says: “She will be 100 when she gets her last payment. She’s going to have a huge party if she makes it.
“Doris is great and really making the most of it, helping families and enjoying the holidays.” After 30 years, the odds of winning the lottery are just as vanishingly small as they have ever been, but Kathy and Andy say their big winners keep on playing — and some have hit the jackpot again.
Kathy says: “In 15 years I’ve paid five winners over £50,000 twice, which is absolutely incredible.”
Andy adds: “Last year I visited someone who had won and he said, ‘I think you may have seen my brother’.
“Two brothers had won the lottery, a year apart. One had won £2million and the other just under a million.”
And Kathy recalls: “I had two sisters — one won the lottery jackpot and the other won £1million, four years apart.”
Very emotional
Many punters give up work the moment they win, but some can’t let go of their jobs so fast — including a butcher who scooped the jackpot.
Kathy says: “It was coming up to Christmas and people were coming to collect their turkeys and he didn’t want to let them down by saying, ‘I’ve got an appointment’.
“He wanted to see me because he was going to get his lottery money but he couldn’t just shut up shop and focus on his win. So every two minutes he’d jump up to go and hand somebody their turkey.
“His customers had no idea he was disappearing into the back of the shop to see me.
“He stayed anonymous. He did carry on with the shop for a little while — and then changed direction.”
Andy says: “Builders are the ones that can’t walk away.
“They are so loyal, they don’t want to let anybody down, and even though they could pay for somebody else to do the work, they go and do it themselves.”
Kathy dealt with builder Steve Thompson, 47, from Selsey, West Sussex, who won £105million on Euro- Millions in 2019. Amazingly, he kept on working until all his customers’ jobs had been completed.
Syndicates are fun. I once went to a funeral parlour with some undertakers who had won. I even went to the Greggs factory to meet workers who had won £100,000 on EuroMillions. It was like Willy Wonka in there
Andy Carter
She says: “He was very, very emotional. At the beginning he was in tears because he just wanted to carry on as normal. It was a huge amount and it just took him a little while to get his head around everything.
“He’s fine. The whole family are really happy and they’ve built their own home.
“He wanted to help his friends still do the building work. Most winners are loyal — they’ve committed to something and they don’t want to let anybody down.
“So even though they have got over £100million now in their bank account they’ve still promised to fit the little old lady’s door for her up the road, and they want to carry on doing that.”
Andy says: “I have never met a winner who has told the boss to stuff his job.”
Over the years the pair have also paid out prizes to lots of family and workplace syndicates.
Andy says: “Syndicates are fun. I once went to a funeral parlour with some undertakers who had won. I even went to the Greggs factory to meet workers who had won £100,000 on EuroMillions. It was like Willy Wonka in there.”
In 2012, a dozen bus drivers in Corby, Northants, won £38million on EuroMillions and did quit their jobs — eventually.
Andy says: “There’s been Tesco’s workers, teachers, nurses, dance teams and pub syndicates.”
Most big winners never forget the numbers that won them the jackpot.
Some have the figures hidden within tattoos, others have even had them included in wrought-iron gates.
Mark and Ruth Chalmers, who scooped £1million on EuroMillions in 2018, had their winning Millionaire Maker code — MHSL49011 — carved into the stone wall outside their new home in Halifax, West Yorkshire.
Kathy says of the adviser team’s job: “We’re there for as long as we are needed.
“The bigger multi-million-pound winners stay in touch a bit more.
“Some haven’t told a lot of people about their win, so they like to tell us about the big events in their life. It’s the best job in the world.”
Money
Four ways to teach kids how to budget and value their money
GIVING your children pocket money is a great way to teach them how to budget.
And encouraging them to earn their pennies is also a valuable lesson in responsibility.
Here are some ideas to get kids managing their own cash.
CHORES: Children love a cash reward for little jobs such as tidying their room or helping with the cleaning.
This can also help instil the idea of working for your money — plus you get a helping hand around the house.
However, some parents may prefer kids learning to do their bit without a financial incentive.
READ MORE MONEY SAVING TIPS
BANK ON IT: Handing over physical pocket money is fine, but as more businesses become cashless, a card might be easier. It offers more protection if it gets lost as it can be cancelled, whereas cash could be gone for good.
From age 11, you can open a kids’ bank account, which is fee-free and comes with a debit card. Children are not allowed to go into an overdraft.
APPY SPENDING: There are a number of specific pocket money cards and apps which can be used by younger children, from the age of six.
Preloaded cards are similar to a debit card and the corresponding apps allow parents to keep an eye on where their kids are spending. You will usually get an instant alert when the card is used.
Some of these accounts come with a small monthly charge. However, there are free options. If you’re a NatWest customer, you can join Rooster Money for free, saving on the annual £19.99 charge. Or HyperJar offers a free prepaid debit card and app.
SAVINGS: It’s important to educate youngsters on the benefits of saving if they’ve got their eye on an expensive purchase or have a special occasion, such as a holiday, coming up.
You can set up physical envelopes or jars for cash.
Alternatively, HyperJar lets you create individual digital pots for different things.
Setting up savings accounts together is a good opportunity to talk about the idea of earning interest on your money.
- All prices on page correct at time of going to press. Deals and offers subject to availability.
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Money
Asda shoppers rush to buy returning Christmas essential for kids that ‘will last for years’ – and it only costs £2
PARENTS are flocking to buy this festive essential for kids, which only costs £2.
The Christmas Eve boxes from Asda are massively popular among savvy-shoppers who say they will “last for years”.
The box measures 27cm x 36cm x 12.6cm – meaning it has plenty of room to fill with trinkets.
Buyers can nab these from an Asda shop or online.
Though the website warns prices and promotions may vary when buying in-store.
As the big festive day quickly approaches, parents are on the hunt for a place to store their little one’s presents.
And amid the ongoing cost of living crisis, Brits are on the lookout for cheap gift boxes and hampers.
But with gift boxes selling for £100 from John Lewis or £85 at Fortnum and Mason, many might be left out of pocket.
Luckily, Asda’s Christmas Eve box costs as little as £2 – that’s cheaper than certain chocolate bars.
One happy customer said: “Have bought these boxes for about 10 yrs now always look nice and are strong.”
Whilst another commented: “These are perfect! Really good size and really good value for the price. Quite sturdy.”
For those with a sweet tooth the supermarket is also offering two boxes of Quality Street for just £9.
Or for an even better deal, shoppers can get their hands on a chocolate advent calendar for a whopping £1.50.
This comes as B&M shoppers rush to fill their baskets with an item which is perfect for the upcoming festive season.
Bargain hunters have been getting excited about Christmas tree plates which cost just 10p, having been reduced from £4.
One eagle-eyed shopper got their hands on one at their local store before spreading the word on social media.
They took to the Facebook group Extreme Couponing and Bargains UK group to let others know.
The person wrote: “Christmas tree platters 10p each in B&M.”
On person commented: “If you see these please get me a couple xx.”
Money
How AAdvantage Became American Airlines’ Financial Lifeline
How American Airlines’ AAdvantage Program Became a Lifeline for the Airline Industry
When American Airlines launched the AAdvantage program in 1981, it set a precedent as the world’s first frequent flyer program. Originally designed as a way to reward loyal customers, the program has transformed into a core revenue source that has played a critical role in the airline’s survival during economic downturns. Today, AAdvantage represents much more than miles and rewards—it’s a central component of American Airlines’ financial strategy, especially as the airline navigates a challenging industry landscape.
The Evolution of AAdvantage: From Loyalty Perk to Business Pillar
AAdvantage was created with a straightforward goal: reward frequent travelers with miles that could be redeemed for flights. However, the program has since evolved into a multi-faceted business model that extends far beyond rewarding flyers. Today, members earn miles not just from flights, but through a vast network of partners including hotels, rental car companies, retailers, and co-branded credit card purchases. This diversification has allowed AAdvantage to become a significant revenue stream and one of American Airlines’ most valuable assets.
The turning point in the program’s evolution came when American Airlines realized that AAdvantage miles could be sold to credit card companies and other partners. Banks like Citibank and Barclays, for instance, purchase AAdvantage miles in bulk to offer as rewards to their cardholders, providing the airline with steady revenue streams independent of ticket sales. This strategy has allowed American Airlines to generate income from partnerships and consumer spending outside of the airline industry, securing its financial footing even when travel demand declines.
Financial Stability Through AAdvantage
AAdvantage has proven to be a cornerstone of financial stability for American Airlines, particularly during periods of economic hardship. In the third quarter of 2024, American Airlines reported record revenues of $13.6 billion, a success largely attributed to the strength of AAdvantage. By the end of the quarter, the airline held $11.8 billion in available liquidity, a testament to the program’s crucial role in supporting the airline’s financial health. Read more in American Airlines’ quarterly report.
During the pandemic, when the airline industry faced an unprecedented crisis with plummeting passenger numbers, AAdvantage served as a financial lifeline. The airline used the loyalty program’s projected future revenue as collateral for a $10 billion loan, helping American Airlines avoid bankruptcy and remain operational. This move underscored the program’s value not only as a customer loyalty tool but as a strategic asset capable of securing American Airlines’ financial resilience.
The program’s success has had a ripple effect, making American Airlines a valuable partner for banks and credit card companies. Selling miles to these institutions has become a lucrative business model, providing consistent revenue that bolsters the airline’s finances and buffers it from economic fluctuations that impact ticket sales.
Partnerships and Customer Engagement
The AAdvantage program’s profitability is largely driven by its extensive network of partnerships, particularly with major financial institutions like Citibank and Barclays. By selling miles to these partners, American Airlines generates billions in revenue as banks offer AAdvantage miles to their customers through co-branded credit cards. These partnerships enable American Airlines to maintain steady income even during slow travel seasons, insulating it from the volatility of the airline industry.
Consumers benefit as well, with co-branded credit cards allowing them to earn AAdvantage miles on everyday purchases, such as groceries and dining. This structure creates a mutually beneficial relationship between American Airlines and its customers. For travelers, the program provides access to benefits like priority boarding, seat upgrades, and exclusive events, all of which enhance their experience and build loyalty to the airline.
AAdvantage also provides American Airlines with valuable data on customer behavior and preferences, which the airline uses to tailor promotions and improve the customer experience. By analyzing this data, American Airlines can better understand what matters most to its customers, from preferred destinations to spending patterns, and leverage this insight to maintain customer loyalty in an increasingly competitive market.
Challenges and Adaptations: The Future of AAdvantage
Despite its success, AAdvantage faces challenges in adapting to evolving market dynamics and regulatory scrutiny. As frequent flyer programs have grown into significant revenue sources for airlines, they have also drawn regulatory attention. In September 2024, the U.S. Department of Transportation launched an investigation into frequent flyer programs to ensure they are fair and transparent for consumers. This increased scrutiny could lead to policy changes that may impact the future operations of AAdvantage and other loyalty programs.
Additionally, consumer expectations around loyalty programs are shifting. While AAdvantage has traditionally rewarded travelers with flight-related perks, today’s consumers seek flexibility, transparency, and sustainable practices. Many travelers now expect more options for redeeming points, not only for flights but for hotels, dining, and even non-travel-related rewards. AAdvantage has responded by allowing members to redeem miles for various travel-related expenses and by incorporating eco-friendly initiatives, such as carbon offset options, into its rewards structure.
As loyalty becomes increasingly digital and consumers become more discerning, AAdvantage continues to innovate. American Airlines has adapted the program to allow for personalized offers and promotions that reflect individual customer preferences. By continually enhancing the program, American Airlines positions AAdvantage as more than just a frequent flyer program; it is a dynamic platform for customer engagement and long-term loyalty.
AAdvantage as a Model for Modern Loyalty Programs
American Airlines’ AAdvantage program has evolved from a simple rewards initiative into a powerful asset that supports the airline’s financial stability and competitiveness. By leveraging strategic partnerships, expanding customer engagement, and adapting to regulatory and consumer changes, AAdvantage has become integral to American Airlines’ business model. Its ability to generate revenue independently of ticket sales and adapt to changing customer preferences illustrates how loyalty programs can drive value far beyond their original purpose.
In a rapidly shifting economic landscape, AAdvantage is likely to remain a crucial component of American Airlines’ success strategy, providing a buffer against industry volatility and reinforcing the airline’s financial resilience. As other airlines seek ways to remain financially stable and competitive, the evolution of AAdvantage offers a compelling blueprint for how loyalty programs can grow beyond perks and points into critical business assets.
Money
Aldi brings back chocolate favourite just in time for Christmas – but warns shoppers ‘once they’re gone, they’re gone’
ALDI shoppers are rushing to bag one of the retailer’s most popular festive items that have been brought back this year.
The discount retailer’s Christmas mascot Kevin the Carrot is back on screens and in stores after his television debut in 2016.
The animated vegetable has taken on several missions since his arrival, making Brits fall in love with the character.
As well as reviving him this year, Aldi has also brought back the Kevin the Carrot advent calendar described as a “seasonal sellout.”
“Countdown to Christmas with Kevin,” Aldi tells fans.
Behind each door, customers will find a chocolate member of Kevin’s extensive vegetable family.
Aldi calls it “the perfect morning ritual for kids and grown-ups alike throughout December.”
But, shoppers will have to be quick because “once they’re gone, they’re gone.”
The advent calendar which hit shelves on November 7 has already been scooped up by hundreds of shoppers, some of whom have been spotted online trying to re-sell the item for a profit.
A Facebook page dedicated to bargains urged followers to “Pick up this Kevin The Carrot Advent Calendar for £1.49 at Aldi.”
“Omg!!! Didn’t know these existed!” one excited shopper commented under another post.
“Diane you’d better make that 15 advent Calendars.”
“I’ve got a Kevin the Carrot advent calendar. I got mine the other day. I’m a big fan of Kevin the carrot,” another added.
“If you don’t get me one of these I’ll be fuming,” a third said, tagging a member of their family.
One fan just simply wrote: “Want one.”
OTHER FESTIVE TREATS
And it’s not just people who can enjoy counting down to Christmas with a daily treat supplied by Aldi.
Beloved pets can get in on the fun too with Langham’s Meaty Dog Biscuit Advent Calendar which hit Aldi’s shelves on October 27.
How to save money on Christmas shopping
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.
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.
They work by selling returned or slightly damaged products at a discounted rate, but usually any wear and tear is minor.
The £3.99 advent calendar contains 24 treats with four different flavours – Chicken, Lamb, Duck, and Beef.
And for those who still just can’t get enough of Kevin, there are other festive offerings from the much-loved vegetable mascot.
There is a new collection of Kevin the Carrot plush toys featuring a moustachioed Kevin and his partner Katie who has lipstick and a bow.
They are £3.99 with their outfits reflecting their disguises from this year’s Aldi advert as they try to save Christmas from Dr Humbug who also has a plushy toy in the middle aisle.
There are also Kevin and Katie tree decorations, pyjamas, and a children’s book.
Jemma Townsend, Marketing Director at Aldi UK, said: “Would it even be Christmas without Kevin the Carrot on our screens?
“We’re delighted to bring back everyone’s favourite carrot for a ninth year to help the nation get into the Christmas spirit.”
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