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Inside Israel’s push into the undergrowth of southern Lebanon

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Israeli troops  during a controlled embed organised by the Israeli military in southern Lebanon’s Naqoura region near the border with Israel.

From the vantage of a hilltop inside southern Lebanon, it is clear the terrain of Israel’s land war has moved from the urban ruins of Gaza to a tangle of dense undergrowth.

Brush and thick green forests stretch across steep hillsides, marking a front considered more rugged than areas farther east where Israeli troops have engaged Hizbollah fighters in Lebanese border villages.

The Israel Defense Forces took a group of journalists into Lebanon on Sunday, showing them arid woodland paths and outcrops where Israeli officers said the militant group Hizbollah has established forward operating bases.

The tunnels, bunkers and weapons caches gradually uncovered over the past fortnight were, Israel claims, part of preparations for a potential cross-border assault.

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To counter the threat, Israel has billed its invasion force, consisting of some four divisions and an estimated 20,000 troops, backed by one of the most fierce air campaigns mounted beyond its borders, as a “limited and precise” offensive into Lebanon.

But its forces are now moving across a sprawling, harsh terrain that has wrongfooted generations of Israeli soldiers, whose pushes into Lebanon have a history of flawed tactics and long occupations.

Israeli troops  during a controlled embed organised by the Israeli military in southern Lebanon’s Naqoura region near the border with Israel.
Israeli troops photographed during a controlled embedded tour organised by the Israeli military in southern Lebanon’s Naqoura region near the border with Israel © Neri Zilber/FT

“Undergrowth war is more complex than urban fighting. It has no logic and you can’t take shortcuts,” said Brigadier General Yitzhak Norkin, the commander of the IDF’s 146th Division, responsible for the far-western sector of the offensive.

Despite Israel’s insistence that this operation is limited, the UN estimates that nearly a quarter of Lebanon’s territory is under an evacuation order from the Israeli military. Israel has told about 140 communities in south Lebanon to flee their homes since October 1, ordering residents to move north of the Awali river, which runs at least 80km north of the southern tip of Lebanon.

Norkin said Israel’s goal was to remove Hizbollah’s capacity to threaten Israel and allow 60,000 Israelis to return to their homes, after being evacuated when the Lebanese movement began firing on northern Israel a day after Hamas’s October 7 attack.

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So far Norkin’s division, the IDF’s largest and made up solely of reservists, has not entered the Lebanese villages farther northward. Since it joined the invasion force last week, he said, the focus has been on “cleaning” this small strip of land tucked a few hundred metres inside a massive Israeli-built border wall.

 Israeli soldiers inspect a Hezbollah attacking position tunnel found during the operation according to the army troops during an the IDF embedded media tour to the Southern Lebanon
Israeli soldiers inspect a Hizbollah attacking-position tunnel found during their operation, according to army troops during the IDF embedded media tour © Amir Levy/Getty Images
 Israeli soldiers inspect a Hezbollah attacking position tunnel found during the operation according to the army troops during an a IDF embedded media tour to the Southern Lebanon
© Ilia Yefimovich/Dpa

In one square kilometre, Israeli officers said, the IDF battalion operating in the area had found around 100 Hizbollah military positions, including a tunnel 10 meters deep and 50 meters wide with firing positions for mortars and anti-tank guided missiles. Another weapons cache was filled with army kit, small arms, mines and explosive devices.

“You can’t take a step [in this area] without coming across Hizbollah [military] infrastructure,” said Ariel, an IDF officer in the division. “And without forces physically on the ground you can’t clear out this area from this . . . infrastructure because of the tunnels and the forests.”

Multiple Israeli officers were incredulous that the UN peacekeepers in the area, some in a base located less than 200 meters from a Hizbollah tunnel, had not detected the extensive building project.

Unifil has also come under fire from Hizbollah in the past. In 2022, an Irish peacekeeper was killed and another seriously injured when their armoured patrol car was attacked in a Hizbollah-controlled area.

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Senior Israeli officials have said over the past two weeks that the peacekeepers are “not the enemy” and have only “suggested” they leave southern Lebanon. However, several international troops in this sector have recently been injured by Israeli fire. Norkin called them regrettable “mistakes”, while also blaming one incident on Hizbollah.

Over the past year, Israel’s offensive against Hizbollah has killed more than 2,000 people and forced some 1.2mn from their homes, mostly over the past three weeks. On the Israeli side, over 50 people have been killed by incoming Hizbollah fire since the start of the war, in addition to 10 Israeli soldiers since the launch of the ground incursion earlier this month.

Israeli Defense Forces patrolling in the southern Lebanese village of Naqoura
An IDF soldier patrols in the southern Lebanese village of Naqoura © Ilia Yefimovich/Dpa

From inside southern Lebanon, Israeli artillery thuds in the distance and the growl of fighter jets above were an incessant reminder that this was an active war zone. And Israeli forces have taken incoming mortar and drone attacks themselves from Hizbollah.

Yet the militants had mostly retreated northward to the village line ahead of the Israeli incursion, ceding the area to the IDF, according to Israeli officers. Norkin admitted no “face-to-face” combat had broken out yet with Hizbollah fighters in the area.

Instead, Norkin said “slow and meticulous” progress had been made, given the need to keep his troops safe and the time needed to find and eliminate what they say are hundreds more Hizbollah positions in this sector alone.

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Inside one thicket of baby oak trees, along a path originally cut by Hizbollah but widened more recently by the IDF, little was visible either from above or in a 360 degree turn.

“The enemy can be standing 5 metres from you and you won’t know it,” said one veteran Israeli reservist, clutching his assault rifle.

If this specific sector of the IDF’s offensive is any indication, the Israeli ground offensive in Lebanon will be measured in weeks and months rather than days. Norkin fought in the last Israel-Hizbollah war in 2006 as a young tank commander. That conflict lasted for over a month, and ended with the Middle East’s most powerful military bogged down in a stalemate. Yet this time, he said, was very different.

Israeli troops patrolling near a United Nations Interim Force In Lebanon (UNIFIL) base in the southern Lebanon’s Naqoura region near the border.
Israeli troops patrol near a Unifil base in the Naqoura region © Menahem Kahana/AFP/Getty Images

“Now [during this offensive] we are getting into much more complicated areas — the forests, the bushes. In 2006 we didn’t do it. We went around these areas. We didn’t fight here,” Norkin said, pointing around at the area his forces now held, with armoured personnel carriers, tanks and infantry kicking up dust clouds on the rocky access roads.

Later on he admitted that the sheer scale of southern Lebanon — “a huge territory” — would make it difficult to “destroy everything” Hizbollah had built.

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The group, the region’s most heavily armed non-state actor, has controlled southern Lebanon since Israel ended its occupation in 2000. It is also Lebanon’s dominant political force and deeply embedded in the social fabric of the country’s south.

There is already talk at the top levels of the Israeli military and political leadership about a diplomatic arrangement that would, like previous UN Security Council resolutions, call for Hizbollah to withdraw from the border region, which would be demilitarised save for international peacekeepers and the Lebanese army. Yet prior agreements have not been implemented by either side.

It is an open question whether even Israeli officials believe such an arrangement will meet their objectives and provide real security. Nor, many Lebanese wonder, will it arrive soon enough to halt the spiralling death toll inside their country.

Mark, nearing 70 years of age, has been fighting in Lebanon and other Israeli battlefronts for over four decades, since Israel’s first ground invasion of its northern neighbour in 1978. Now one of the oldest reservists in the IDF, he is stoic about the prospects of this latest offensive.

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“I guess we may need to stay here and hold a small security zone again, but that’s just my opinion,” he said, referring to Israel’s 18-year occupation in the 1980s and 1990s of the very hills around which he was now navigating his armoured personnel carrier — another paratrooper shepherding journalists to see yet another Israeli war in southern Lebanon.

This story was viewed by the Israeli military censors as a condition of accompanying troops into Lebanon. Nothing was changed as a result.

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Hunt for treasure in India’s diamond town in Madhya Pradesh

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Is Reform UK's plan to get Farage into No 10 mission impossible?
BBC Hindi Prakash sharma, a diamond minor from Panna BBC Hindi

Prakash Sharma has been mining diamonds for 50 years

“I feel sick if I don’t search for diamonds. It’s like a drug.”

Prakash Sharma, 67, speaks about diamonds with a passion that has defined his life for the past five decades.

A diamond hunter in India’s central state of Madhya Pradesh, he spends most of his day in the mines of Panna district.

Panna is among the country’s most backward regions – its residents face poverty, water scarcity, and unemployment. But it’s also home to most of India’s diamond reserves and remains a prime destination for diamond hunters.

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While most mines are managed by the federal government, state officials lease out small parts of land to prospective miners every year at nominal prices. The district has the country’s only mechanised diamond mine.

However, once known for its large and rare finds, diamond mines of Panna are rundown now. Its reserves have depleted due to over-mining over the years.

Despite this decline, hopeful miners continue their quest.

They have to hand over their finds to the government diamond office, which evaluates the stones and sells them in an auction.

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After deducting royalties and taxes, the proceeds are sent back to the miners, a bittersweet reward for their tireless digging.

Mr Sharma says he began digging for diamonds in 1974, right after he finished school, following in the footsteps of his father who was once a famous diamond hunter in his village.

He soon hit the jackpot after he found a six-carat diamond, which was worth a fortune 50 years ago.

That, he says, fuelled a passion in him to keep searching for more.

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“I wanted to continue doing this instead of getting a low-paying government job,” he says.

BBC Hindi Diamond miner Prakash Sharma and his familyBBC Hindi

Diamond hunting is a family tradition passed down through generations in Panna

Mr Sharma is among thousands of men – young and old – who spend their days in the mines, hoping to strike rich and escape the cycle of poverty.

The miners start digging through gravel in the early hours of the morning. They then wash, dry and sift through it looking for diamonds until sunset. Their families help them in their work.

It’s a physically demanding task – but for the people of Panna, it’s an intrinsic part of their lives, conversations and hopes for a better future.

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For many, diamond hunting is a family tradition passed down through generations.

Shyamlal Jatav, 58, comes from one such family. His grandfather started the work and now his son continues it, balancing his studies while working part-time in the mines.

Mr Jatav says his grandfather found many diamonds, but in those days, they did not sell for much.

But things are different now, with some of these stones selling for tens of millions of rupees.

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Raja Gound is among the few who got lucky. A labourer by profession, he was neck-deep in debt when he found a massive 19.22-carat diamond in July.

He sold the diamond at a government auction for about 8m rupees ($95,178; £72,909).

Mr Gound said he had been leasing mines for more than 10 years in the hope of finding a diamond.

Getty Images A miner sifting through gravel in Madhya Pradesh's Panna districtGetty Images

Miners spend more than 10 hours a day looking for diamonds in Panna’s mines

India has always played a key role in the diamond industry. For more than 3,000 years, it was the world’s sole diamond source.

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This changed in the 18th Century with discoveries in Brazil and South Africa.

But Panna’s legacy as a hub for diamonds has endured.

The district’s Majhgawan mine, operated by the state-controlled National Mineral Development Corporation (NMDC), is the country’s only organised source of diamond production.

NMDC began mining in 1968 and by 2024, it had extracted over 1.3 million carats of diamonds.

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Though anyone can mine diamonds in Panna – that too at a cheap price – most hunters avoid taking the official route to sell their treasure.

Several residents told BBC Hindi that there was a big market for illegally mined diamonds – but the exact figures of the trade are unknown.

A black-market dealer, who did not want to be named, said people sell their finds illegally to avoid taxes and to ensure quick payments.

“If they go through official channels, they only get paid after the diamond is sold at auction, which can sometimes take years,” he said.

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Ravi Patel, Panna’s mining officer, says authorities have taken measures to curb illegal sales but it’s difficult to track them because most of the diamonds mined are relatively small and do not fetch high prices.

Officials admit that there has been a decline in the number of diamonds deposited for government auctions.

In 2016, the office received 1,133 diamonds, but the numbers shrank to just 23 in 2023.

Anupam Singh, a government diamond evaluator in Panna, says restrictions on mining are behind this decline.

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“The forest department has marked off significant zones, turning them into no-go areas for diamond hunters,” Mr Singh said.

BBC Hindi A woman working in one of Panna's diamond minesBBC Hindi

Women in Panna help their men mine for diamonds

There are more than 50 tigers living in the Panna Tiger Reserve and recent government efforts to preserve their population has presented many challenges to the miners.

Diamond miners who once operated within forested areas, including the buffer zone of the reserve, are prohibited from mining there and risk facing severe penalties if caught.

But despite the hardships and challenges, thousands of men continue to work in the shallow mines, hoping to overturn their fate.

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Prakash Majumdar started digging for diamonds in 2020 after the Covid-19 lockdown took away all the labour and farming jobs in his hometown.

Desperate and struggling to feed his family, Mr Majumdar found his first diamond worth 2.9m rupees within a month of mining.

A lot has changed since – his family has now moved to a concrete home and he has become the elected village head.

Yet, his relentless quest for more continues.

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“Diamond hunting will remain a part of my life and I am not going anywhere until I strike it rich,” he said.

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The Snowman makes a magical return on a 50p – how much is the new coin worth?

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The Snowman makes a magical return on a 50p - how much is the new coin worth?

THE Snowman is back just in time for Christmas, appearing on a brand new 50p coin.

The Royal Mint has revealed a special edition coin featuring Raymond Briggs’ beloved festive character, making it a perfect collectible for the holiday season.

The Snowman illustration is pictured on The Royal Mint's special edition collectable 50p

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The Snowman illustration is pictured on The Royal Mint’s special edition collectable 50p
The coin has been revealed ahead of the holiday season and shows the iconic Snowman placing a star on top of a Christmas tree

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The coin has been revealed ahead of the holiday season and shows the iconic Snowman placing a star on top of a Christmas tree

The new design, created by illustrator Robin Shaw, captures the heart-warming scene of The Snowman placing a star at the top of a Christmas tree.

It’s a fitting tribute to one of the UK’s most iconic Christmas stories, with this being the seventh time The Snowman has appeared on a 50p coin.

The Snowman 50p has quickly become one of the most sought-after coins from The Royal Mint, and this latest release is no exception.

Since 2018, around 700,000 Snowman coins have been snapped up by collectors worldwide, making it a firm festive favourite.

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Fans of the classic story will be excited to know that this year’s edition comes with an extra special touch.

A limited number of the coins will be produced in full colour, bringing the snowy scene to life in even more detail.

From 11 November, fans will be able to strike their very own 50p featuring The Snowman.

The coins won’t be entering general circulation, so eager collectors will need to head to The Royal Mint’s website to get their hands on one.

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Rebecca Morgan, Director of Commemorative Coin at The Royal Mint, says the Snowman 50p has become a Christmas tradition.

She said: “We’re thrilled to continue this much-loved story on UK coinage.

“Robin Shaw’s design captures the magic of Christmas and adds to the timeless appeal of The Snowman.”

Robin Shaw, the artist behind the design, has a long history with the character, having worked as the art director on The Snowman and The Snowdog, the TV sequel to the original The Snowman.

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Speaking about the new coin, Shaw said: “It’s an honour to see my design on a 50 pence piece once again, and this year’s edition is truly special.”

For die-hard fans of the festive favourite, there’s an extra reason to celebrate this year.

The Royal Mint has hidden a solid gold Snowman coin behind door 24 of a limited-edition Snowman advent calendar.

One lucky buyer will strike gold on Christmas Eve.

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The Snowman 50p coin is available in a variety of finishes, including precious metals, and collectors can also visit The Royal Mint Experience in South Wales from November 11 to strike their very own Snowman coin.

Raymond Briggs’ The Snowman, first published in 1978, has sold over 5.5 million copies worldwide and continues to capture the magic of Christmas for young and old alike.

The animated short film, first aired on Channel 4 in 1982, remains a Christmas TV staple.

This year’s 50p coin is the perfect way to celebrate the enduring appeal of The Snowman, offering fans a lasting keepsake to treasure.

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Whether it’s placed in a collection or passed down as a family heirloom, The Snowman 50p is sure to be a festive hit.

Meanwhile, 50p coins seem to be all the rage, with one special edition 50p selling for triple its value.

And unlike The Snowman coin, not all collectables feature fun illustrations, in fact some coins can prove majorly valuable because of errors or mistakes.

That doesn’t just apply to coins, a tiny marking on a £10 note could actually make it 1,700 more valuable as one note sold at an auction for a whopping £17,000.

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How much can I buy the new Snowman coin for?

You can purchase the Snowman coins from The Royal Mint website.

Prices start from £11 for a brilliant uncirculated coin and £20 for a colour version, all the way up to £1,220 for a gold proof coin.

Collectors are already listing the coins on eBay too.

At the moment you can find one of the brilliant uncirculated 50p coins listed for £9.49 and the coloured version for £14.99.

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Also listed on the bidding site is a silver-proof coin for £109.50.

Remember that just because an item is listed for a certain amount it does not mean that someone will buy it for that price.

Another thing to bear in mind is if you can still buy the coin directly from The Royal Mint website then it is unlikely you will get much more for it on eBay.

Usually, collectors buy these limited edition coins in the hope that they will go up in value as there is only a certain number of them available, but this is not always the case.

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However, in 2018 one rare Snowman coin did fetch quite a sum.

The coin was launched on the Isle of Man in 2003 and only 10,000 were ever minted.

It was released as a limited-edition coin to mark the 25th anniversary of the release of The Snowman.

The rare 50p coin sold on eBay for £292 in October 2018.

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In 2022 fans of The Snowman were able to add to their collection with new coins celebrating ten years since the release of The Snowman and Snowdog.

One of the silver proof coins in this range sold for £70 on eBay which was just a couple of pounds more than the list on The Royal Mint web website.

At the moment other coins in The Snowman range are also listed on eBay.

A 2018 Snowman silver proof coin is listed for £100, while a gold proof coin of the same year is listed for a whopping £1,750.

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What are the most rare and valuable coins?

Royal Mint have revealed it has hidden a solid gold coin behind door 24 in one limited-edition the Snowman advent calendar, offering someone the chance of 'striking gold'

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Royal Mint have revealed it has hidden a solid gold coin behind door 24 in one limited-edition the Snowman advent calendar, offering someone the chance of ‘striking gold’
From 11 November, fans will be able to strike their very own 50p featuring The Snowman

4

From 11 November, fans will be able to strike their very own 50p featuring The Snowman

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FT Executive MBA Ranking 2024: methodology, key and profiles

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Why mature executives return to study for an EMBA

Methodology

This is the 24th edition of the FT’s annual ranking of the world’s top 100 Executive MBA programmes for senior working managers.

Participation in the ranking is voluntary and at the business school’s request. EMBA programmes must meet certain criteria to be eligible. First, the school must be accredited by either the US’s Association to Advance Collegiate Schools of Business or Europe’s Equis.

The EMBA must be cohort-based, with students starting and completing the programme together.

A total of 128 programmes took part in the ranking process, including 10 joint courses delivered by more than one school. Three new schools are featured in the table.

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Data for the ranking is collected by two online surveys, the first completed by participating schools and the second by alumni who completed EMBAs in 2021. For a school to be eligible, at least 20 per cent of alumni must respond to the survey, with a minimum of 20 responses. Due to the effects of the Covid pandemic, the FT considered schools with a lower response rate. The survey was completed by 4,409 alumni — an overall response rate of about 47 per cent.

Executive MBA Ranking 2024

Read the ranking and report

Alumni responses inform six ranking criteria: salary today; salary increase; career progress; work experience; aims achieved; and the new alumni network category, measuring the quality of networks, rated by surveyed graduates. Together, they account for 52 per cent of the ranking’s weight. The first two criteria on alumni salaries count for 31 per cent.

Salaries of full-time students are removed. The remaining salaries are converted to US dollars using the latest purchasing power parity (PPP) rates supplied by the International Monetary Fund. The highest and lowest salaries are removed and the mean average current salary calculated for each school. Salary increase is calculated according to the difference in average salary between before the EMBA and three years after course completion. Half of the ranking weight is applied to the absolute increase and the other half to the percentage increase relative to pre-EMBA pay.

If available, alumni criteria are drawn from the past three surveys. Responses from the 2024 survey carry 50 per cent of the total weight and those from 2023 and 2022 each account for 25 per cent. Excluding salary-related criteria, if only two years of data is available, then the weighting is split 60:40 if data is from 2024 and 2023, or 70:30 if from 2024 and 2022. For salary figures, the weighting is 50:50 for two years’ data, to avoid inflation-related distortions.

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Information from business schools informs 10 criteria that jointly account for 48 per cent of the ranking. The ESG category is partly based on the proportion of core courses dedicated to environmental, social and governance issues and carries a weight of 3 per cent.

The weighting for faculty and student gender diversity is five per cent each. For these gender diversity criteria, schools with a 50:50 (male: female) composition receive the highest score.

The international diversity calculation is based on the overall percentage of students and faculty from abroad as well as the spread of these individuals by citizenship based on the Herfindahl index, a measure of concentration.

The final criterion, the FT research rank, accounts for 10 per cent of the ranking. It is calculated according to the number of articles published by schools’ full-time faculty in 50 internationally recognised academic and practitioner journals. The rank combines the absolute number of publications from January 2022 to about May 2024 with the number of publications weighted relative to the faculty’s size.

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The FT rankings are relative. Schools are ranked against each other rather than against set standards. The FT calculates the Z-scores for each criterion. Z-scores show how far a school’s data is from the mean and are unitless, so they allow the ranking to be based on very different criteria — salary, percentages and points. These scores are then weighted as outlined in the ranking key and added together for a final score.

After removing the schools that do not meet the minimum response rate from their alumni, a first version is calculated using all remaining schools. The school at the bottom is removed and a second version is calculated. This action is repeated to find the top 100.

Judith Pizer, of Pizer-MacMillan, and Avner Cohen, of AC Data Science, acted as the FT’s database consultants.

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The FT research rank was calculated using Clarivate data covering 50 journals selected by the FT from the Web of Science, an abstract and citation database of research literature.


Key: weights for ranking criteria are shown in brackets as percentages

Salary today US$ (15): average alumni salary three years after completing course, US$ purchasing power parity equivalent.†#

Salary increase (16): average difference in alumni salaries between before the EMBA and now. Half of this measure is calculated according to the absolute salary increase and half according to the percentage increase relative to the pre-EMBA salary.†#

Career progress (6): calculated according to changes in the level of seniority and the size of the company or organisation alumni work in now versus before their EMBA.†#

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Work experience (5): a measure of the pre-EMBA experience of alumni according to the seniority of positions held, number of years in each position, organisation size and overseas work experience.†#

Aims achieved (6): the extent to which alumni fulfilled goals or reasons for doing EMBA.†#

Alumni network rank (4): effectiveness of the alumni network for career opportunities, launching start-ups, recruiting staff and providing event information (such as career-related talks), as rated by alumni.

Female faculty (5): percentage of full-time female faculty.‡ 

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Female students (5): percentage of female students on the programme.‡ 

Women on board (1): percentage of female members on the advisory board.‡ 

International faculty (5): calculated according to the diversity of faculty by citizenship and the percentage whose citizenship differs from their location of employment — the published figure.

International students (5): the percentage of current EMBA students whose citizenship differs from the location in which they study, or where the school’s main campus is located, as well as their diversity by citizenship.

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International board (1): percentage of the board whose citizenship differs from the location in which the business school is situated.

International course experience rank (4): based on the percentage of classroom teaching hours conducted outside the location of the business school for the recent completing class on EMBAs requiring overseas study. In-person, virtual and hybrid experiences are included.

Faculty with doctorates (5): percentage of full-time faculty with a doctoral degree.

FT research rank (10): calculated according to the number of articles published by a school’s current full-time faculty members in 50 academic and practitioner journals from January 2022 to about May 2024. The rank combines the absolute number of publications with the number weighted relative to the faculty’s size.

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ESG and net zero teaching rank (3): proportion of teaching hours from core courses (not electives) dedicated to ethics, social, environmental issues and climate solutions for how organisations can reach net zero. Alumni evaluation of their school’s ESG teaching is also included.

Carbon footprint rank (4): calculated using the net zero target year for carbon emissions set by the university and/or school, and the existence of a publicly available carbon emissions audit report since 2019. Extra credit is given to schools with an audit report that includes Scope 3 emissions (those not controlled directly by the school but which occur externally in its value chain as a result of its activities).

Overall satisfaction: average course evaluation by EMBA alumni, scored out of 10.

FT ranking tier: schools are divided into four groups. Schools at the top are in tier l and those at the bottom are in tier lV.

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† Includes data for the current year and the one or two preceding years where available.

‡ For the three gender-related criteria, schools that have 50:50 (male:female) composition receive the highest possible score.

# Data from alumni who completed their programmes in 2021 included.

School profiles

Top EMBA: Ceibs

This year, for the first time, Ceibs in Shanghai is the top-ranked EMBA provider. This is also the first time a single-school EMBA in the Asia-Pacific region is number one in the ranking. Its alumni took home the second-highest average salary of $536,759, adjusted for purchasing power parity. “The programme offers a rigorous curriculum taught by world-class faculty and fosters a diverse network of accomplished professionals,” wrote one respondent to the ranking survey.

Highest new entrant: Guanghua-Kellogg

The joint EMBA offered by Peking University’s Guanghua school and Northwestern University: Kellogg is the highest newcomer at number 12. The programme’s placing in the table is partly due to alumni taking home the fifth-highest average salary, at $459,872, adjusted for purchasing power parity. The school performed well in the research rank, at 32, partly based on the number of articles written by faculty in 50 selected journals.

Joint highest riser: Cornell: Johnson

© Mira/Alamy

Cornell: Johnson is one of two joint highest risers, with Grenoble. Cornell climbs 27 places, from 91st last year to 64th. Graduates saw notable increases in average salaries and percentage salary growth. The US school also improved across multiple metrics and maintained a strong position in the research ranking. Alumni highlighted the school’s role in boosting their confidence and providing networking opportunities.

Joint highest riser: Grenoble

© Hemis/Alamy

Along with Cornell: Johnson, Grenoble Ecole de Management also jumps 27 places, from 74 to 47. Its rise is partly due to having the sixth highest alumni salary increase, at 105 per cent, from before starting the Executive MBA to now. The French business school is one of only two to achieve gender parity among its faculty. Grenoble also performed strongly in its sustainability efforts, coming 19th in the carbon footprint category.

Top salary increase: BI Norwegian/Fudan

© Giedre Vaitekune/Shutterstock

Alumni from the joint EMBA run by BI Norwegian and China’s Fudan experienced the greatest salary increase, with a 126 per cent rise from before starting their EMBA to now. Their average salary is $292,873 — one of the highest in the table. Ranked joint 30th overall, the programme is top for the new alumni network metric, which measures how effectively it helps with career opportunities and the generation of new ideas.

Most satisfied: Edhec Business School

© Valentine Michel

Alumni of Edhec rated their school 9.84 out of 10 when asked how satisfied they were with the programme. The French school, placed 26th overall, was ranked second for its alumni network and fourth for alumni aims achieved — factors that would have enhanced graduates’ overall satisfaction. One alumnus described Edhec as “a human-driven school” and many reported a swift acceleration in their careers after graduation.

Top for ESG: IE Business School

© Alamy

In 19th place, Spain’s IE has retained top spot for teaching environmental, social and governance topics. This category is based on hours dedicated to ESG topics in the core curriculum, as well as graduates’ evaluations of the school’s ESG teaching. In addition, the school ranks third for carbon footprint, reflecting its efforts to address emissions. Also, alumni highly commend the programme’s training on personal leadership and emotional intelligence.

Gender balance: Fordham University: Gabelli

In joint 81st place overall, Fordham: Gabelli is the only school in the ranking with a 50:50 student gender split, which scores highest. Alumni of the New York school who completed in 2021 credit their success, seniority and salary increases to the EMBA. They also commended the school for effectively addressing the challenges of the Covid pandemic. “I have gained adaptable skills that have allowed me to strive in my current managerial role,” one alumnus wrote.

Compiled by Leo Cremonezi, Wai Kwen Chan and Sam Stephens

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Top 25 schools

Here are some quick facts about the top schools in the ranking. By Sam Stephens

Rank 1
Ceibs, in China, is ranked top for the first time, partly due to alumni salaries.

Rank 2
ESCP graduates saw the greatest career growth, by changes in seniority and the size of their employers.

Rank 3
In third place overall, Washington Olin had alumni with the highest average salary, at $627,737.

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Rank 4
Spain’s Iese has the highest proportion of international students, at 97 per cent.

Rank 5
Trium alumni were top for the extent and seniority of their pre-EMBA work experience.

Rank 14=
Wharton returns to the top of the research category, based partly on the number of research articles in selected journals.

Rank 14=
Yale is top of the aims achieved category — the extent to which alumni fulfilled their study goals.

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Rank 17
IMD has the highest proportion of international faculty, with 98 per cent from outside Switzerland.

Rank 19
Spain’s IE is number one for the most core course hours dedicated to ESG topics.

Rank 22
Hong Kong’s CUHK has the best alumni network in the top 25 and was rated third overall by graduates.

Rank 23
Italy’s Bocconi SDA is number one for its carbon footprint, due in part to being carbon neutral since 2020.

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Criteria for taking part in our ranking

Updated on April 11, 2024
We review the criteria on a regular basis. The pandemic has affected business schools and our ranking process, but we have done our best to accommodate feedback from schools. Please note, we are unable to include requests from every school. 

The FT EMBA ranking is based on two surveys: one for the business school and one sent to your alumni who completed their EMBA three years ago. 

Each school can only submit one standalone programme. However, more than one programme can be submitted if the additional programme is a joint degree. Joint programmes can be separately entered, on condition they are structured so that participating students take classes from all partner institutions in the programme.

The following are the criteria schools must meet in order to participate in the annual EMBA ranking:

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  1. The business school must be accredited by AACSB or Equis.

  2. Your programme must have been running continuously for the past four years and the first class should have graduated in the calendar year at least three years prior to the survey date.

  3. Executive MBAs are part-time degrees designed for senior working managers. It is assumed most participants have at least 10 years of work experience and hold managing positions.

  4. The course of study should last no longer than three years. This is the default length. If your EMBA graduates took more than 3 years of study then they cannot take part in the survey, therefore they should be removed from the list of alumni to be surveyed.

  5. Students must matriculate and graduate in cohort(s).

  6. We usually ask for at least 30 students to have completed the programme, per year, three years ago and in each subsequent year. But, this year, we are asking for at least 25 alumni to have completed your nominated EMBA in the 2021 calendar year and at least 25 graduates must have completed this programme in either the 2022 or 2023 calendar years.

    E.g., if your school had 25 alumni who completed in 2021, but 0 in 2022 and 25 in 2023, then your school can take part if it meets the rest of the criteria.

  7. No more than 20 per cent of the class must be from one company. Subsidiary companies of a group are treated as separate companies.

  8. The business school must have a minimum of 20 full-time permanent faculty.

  9. Graduates need to complete the survey in English.

  10. Ideally, business schools should be able to supply the email addresses of all its alumni who completed their programme three years ago. These will be used purely for editorial research purposes and held securely and destroyed after use, unless they agree for us to contact them again for future research, respecting GDPR and the FT rankings privacy policy: https://bschoolportal.ft.com/privacy-policy Please exclude those who want to opt out of our survey. Please do not select and lobby alumni to complete the survey.

We need a response rate of at least 20 per cent from alumni with a minimum of 20 completed surveys from any school wishing to be considered for the ranking. E.g., a class size of 100 graduates will require 20 completed surveys and a class size of 200 alumni will require 40 completed surveys. This response rate is based on the total size of the cohort we are surveying, not the number of graduate emails you can supply, as we are aware that some alumni will opt out of the survey.

Meeting these criteria does not guarantee automatic participation in the ranking. The final decision rests with the Financial Times.

Please note, the table is finalised about eight weeks before the publication date. It is too late for schools to withdraw from the ranking after the eight-week mark.

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Email emba@ft.com by the start of March if you have questions or wish to take part as the ranking process starts in mid-April. By this time, the onus is on schools to get in contact with us if they wish to take part in the ranking, as we are unable to email every single school to check if they wish to be considered.

Rankings: https://rankings.ft.com

Report: http://www.ft.com/emba

Methodology: https://www.ft.com/emba-method

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Timings
Invitation to participate
: April
Schools to confirm participation: May
Schools to upload alumni list: May
Schools to upload faculty list: July
Survey open: June
Survey close: June/July
Data checks with schools: July – September
Publication: October

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‘I need’ cry Sports Direct shoppers with popular footwear with £10 price tag scanning for just £1 at checkouts

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'I need' cry Sports Direct shoppers with popular footwear with £10 price tag scanning for just £1 at checkouts

SHOPPERS are left in awe after this trendy footwear scanned for only a pound at Sports Direct.

The offer had fans flocking to the store to grab a pair of popular shoes for a staggeringly low price.

Bargain hunters are in shock to find these Sports Direct Cloggs scanning for £1

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Bargain hunters are in shock to find these Sports Direct Cloggs scanning for £1Credit: Facebook
The price tag marked the footwear at a tenner so the offer feels like an absolute steal

2

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The price tag marked the footwear at a tenner so the offer feels like an absolute stealCredit: Facebook

These Sports Direct Cloggs were marked as a tenner on the price tag, but one lucky shopper realised they were scanning for a mere £1.

Thrilled with this bargain, she took to social media to show off her outstanding find mentioning the charms were removable as well.

The post racked up hundreds of likes with Facebook users commenting excitedly about the discovery.

One user wrote: “I need.”

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Another tagged a friend commenting: “Go on you have to get these.”

A third user reassured the post admin that the price wasn’t a mistake: “They’re online at this price too, have been for weeks.”

The shoes are no longer on the Sports Direct website but shoppers are desperate to head in store to get their hands on their very own one-pound Cloggs.

The foamy footwear has had a resurgence of popularity in recent years with actors, supermodels and influencers all sporting the look.

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Their practicality, comfort and affordability have allowed them to become to the top of many Christmas lists.

With removable charms, also known as Jibbitz, you’re also able to personalise them however you like.

‘Big fat slay’ shoppers beam as Primark releases the ‘puffer jacket of the season’ – it will keep you so warm this winter

The £1 Cloggs come with Sports Direct-themed charms including the company logo, a football – and of course, the oversized Sports Direct mug.

For those in the Cloggmas spirit, these aren’t the only pair the sports retailer is selling at a slashed price.

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You can grab a kids bubblegum pink pair of Cloggs for £3.50 or a bright cobalt blue for £5.

If you’re prepared to jump up to £6 you can even get a range of swirled colours and patterned Cloggs.

For even more offers and bargains the Sports Direct outlet offers up to 70% on the entire brand.

Given that the Classic Croc on the Crocs official website sells them at a price of £44.99, if you’re looking for a winter steal Sports Direct might be the place for you.

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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.

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

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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.

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.

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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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How the country became a hub for used cars

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Is Reform UK's plan to get Farage into No 10 mission impossible?
BBC Second-hand cars on sale in Georgia.BBC

Georgia has become a hub for international used cars

The small South Caucasus nation of Georgia has become a multi-billion dollar hub for the international used car market. The vehicles are mostly sourced from the US, and many appear to be ending up in Russia.

On the dusty outskirts of Rustavi, an industrial town 20km (12 miles) southeast of Georgia’s capital Tbilisi, is a vast area of open-air carparks.

Equivalent in size to more than 40 football pitches, it hosts thousands of vehicles up for sale.

You can find pretty much any automobile your heart desires – Mercedes, Porsches, Jaguars, Toyotas and, more recently, Teslas. They are all here.

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One of the largest carparks is owned by Caucasus Auto Import (CAI), a company that buys used cars from auctions in the US. The vehicles have often been so badly damaged in accidents that they have been written-off by American insurance firms.

CAI says that its “team of experts” in the States will pick up the cars in person, and then arrange their export by container ship, 10,000km (6,000 miles) to a port on Georgia’s Black Sea coastline. The damaged cars will then be fixed by Georgian mechanics.

“Our company has contributed a lot to the renewal of the Georgian fleet of cars,” says David Gulashvili, CAI’s deputy chief executive. “When we started our business in 2004, Georgian automotive infrastructure was totally Soviet Union produced, like [Soviet brands] Lada and Vaz.”

He says that his company has responded to “a lot of demand for Western-produced vehicles”. Today the firm has 600 employees.

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A badly damaged car in Georgia.

Many of the US sourced cars are not in good shape when they arrive in Georgia

Last year, Georgia imported $3.1bn (£2.4bn) worth of cars, according to official figures. It then exported vehicles to a value of $2.1bn, mainly to former Soviet republics in the Caucasus and Central Asia. Cars are in fact Georgia’s second-largest export by value, after copper ore.

Across the huge car market in Rustavi, curious customers are on the lookout for a deal. Each car has a card on the inside of its windscreen indicating price, engine size, and date of manufacture.

Alisher Tezikbayev has travelled here from Kazakhstan. He and a group of his friends are exploring the Toyota section.

“We’ve been re-exporting cars from Georgia for about 3.5 years. We send cars to Kazakhstan and organise auto tours, when clients come to Georgia to pick their own car,” says Mr Tezikbayev, who is posting videos to his 100k followers on Tik Tok.

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Georgia used to export second-hand US and European cars to its northern neighbour Russia, with whom it shares a border. But that has officially stopped as a result of Russia’s invasion of Ukraine in 2022.

In September 2023, the Georgian Revenue Service announced that, in line with the then latest Western sanctions against Russia, it was restricting the re-export and transit of automobiles imported from the US or Europe to Russia and Belarus.

And Georgian officials have long denied that the country has been complicit in aiding Russia’s evasion of the trade embargoes.

Yet a recent investigation by Georgian media publication Ifacti showed numerous loopholes exploited by an army of car dealers on both sides of the Russian-Georgian border.

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David Gulashvili says that his company no longer has any trade with Russia. “From day one of the war we have restricted any kind of transactions from Russia, any kind of exports to Russia. You will not see a single car exported by Caucasus Auto Import to Russia.”

However, he adds that there is no existing mechanism to monitor the final destination for re-exported cars going to other countries.

And since Russia’s invasion of Ukraine there has been a steep rise in exports of used cars to Kazakhstan, Kyrgyzstan and Armenia – all of which are members of the Russia-led customs union.

It means that a vehicle registered in any of those countries can be driven to Russia with minimal tariffs.

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Figures from Georgia’s national statistics agency suggest that cars are indeed going on to Russia. It says that in 2022 Georgia exported 7,352 used cars to Kazakhstan, while in 2023 the number was 39,896, a more than five-fold increase.

Map of Georgia.

Georgia’s second-hand car market is said to be helped by its geographic location

While the geopolitical machinations rumble on, the underling success of Georgia’s second-hand car industry can be explained by its geography. It has access to Europe via its Black Sea ports, and to Central Asia via Baku, on neighbouring Azerbaijan’s Caspian coast.

Another key component is the affordable cost of labour when it comes to fixing salvaged cars.

“These cars that have been damaged in the US, most of the time it does not make economical sense to rebuild them in the US,” says Mr Gulashvili.

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“This is because of the cost of human resources, service costs are much higher, and the legal costs to get those cars back on the road, is time consuming and very expensive process.

“In the US rebuilding of a car, and making it legal again, takes six months and let’s say $5,000. It takes $1,000 and one month in Georgia to fix the same car.”

In a sprawling warehouse on the outskirts of Tbilisi, Zaza Andreashvili leans over a car engine fixed to a specialised stand. The mechanic points to the cylinders, which he has just cleaned.

“The engine is the heart of the vehicle. Just like humans, if your heart stop working, you die. The same with the cars, if engine stops working, car dies.”

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Mr Andreashvili has been repairing car engines for nearly 30 years. “We used to learn through books, there was no internet at the time,” he says.

Next door to Mr Andreashvili’s workshop, there is a banging noise. Roma and his apprentice Boris specialise in body work repairs.

With a panel-beater, Boris is reshaping the near side wing of a mangled automobile. Roma, in his brown t-shirt with USA written in the front, says he’s been repairing cars for 50 years.

“Mercedes has the best metal, Volvo and Toyotas are also good, but with some cars the body work is so thin it’s like a piece of paper,” he says.

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Car mechanic Zaza Andreashvili works on an engine.

Mechanic Zaza Andreashvili has been fixing car engines for almost three decades

While most cars imported into Georgia are petrol and diesel-powered, Mr Gulashvili says there is a fast-growing demand for electric, and particularly hybrid vehicles.

“About 30% of the cars we are bringing right now, is hybrid. It is not fully electric, but it’s hybrid like Toyota Prius. The growth rate is off the charts, it’s like 300 – 400% rate quarter over quarter.”

The biggest re-sale market for Teslas, adds Mr Gulashvili, is Ukraine, where he has 100 members of staff based.

“It’s very expensive and it’s very risky, but still we’re trying to get traction there. We are also importing a lot of pickup trucks into Ukraine, which are used to fight against Russia.”

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Four great coffee clubs that will help you cut back on the cost of your cuppas

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Four great coffee clubs that will help you cut back on the cost of your cuppas

CAFFEINE enthusiasts can save a bean or two by joining a coffee club.

Here’s how to cut back on the cost of your cuppas . . . 

Cut back on the cost of your cuppas by joining a coffee club

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Cut back on the cost of your cuppas by joining a coffee clubCredit: Getty

LEON ROAST REWARDS: Leon’s Roast Rewards subscription is £25 a month and gives five barista-made drinks a day, with an hour’s gap between each.

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Also, get 20 per cent off the breakfast and all-day food menus, except meal deals.

A latte is about £3.95, so three a week is £11.85, or £51.35 per month, ­versus the Leon monthly subscription of £25.

CLUB PRET: Pret A Manger’s Club Pret was £30 per month and gave five free coffees a day.

READ MORE MONEY SAVING TIPS

But it is now £5 per month, rising to £10 from March 31, 2025, and instead you get 50 per cent off five hot or cold barista-made drinks a day.

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They can be taken every 30 minutes.

A latte is about £4.05, so three per week is £12.15, or £52.65 a month, versus £31.33 a month with the Club Pret £5 monthly sub and half-price deal.

BLANK STREET REGULARS: Blank Street coffee is famed for its iced matchas but its rewards club is trickier to join.

You must be referred by a pal already on the subscription, or download its app to keep an eye on its wait-list opening — it’s currently full.

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Club membership is about £12 a week (£52 per month) and you get 14 free barista-made drinks a week, redeemable every half hour, plus 20 per cent off other drinks and ten per cent off food.

New Starbucks CEO takes over coffee chain struggling to keep customers – as fans gripe that prices are ‘absurd’

A latte is about £3.50, so three a week is £10.50, or about £45.50 per month, versus the Blank Street sub of £52 a month, so you would need to be a real regular for this pay.

COFFEE CLUB: The Coffee Club app is best if you don’t want to use just one coffee chain.

For £3.99 per month or £24.99 a year, get 25 per cent off barista-made drinks at participating coffee shops, including Caffe Nero and Black Sheep Coffee.

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Scan the code on the app when in cafes.

There’s a 30-day free trial.

A Caffe Nero latte is about £4.10, so three a week is £12.30, or about £53.30 per month, versus £43.97 a month with Coffee Club’s £3.99 monthly sub and 25 per cent off.

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

Deal of the day

There are some huge savings to be found at The Range

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There are some huge savings to be found at The RangeCredit: Supplied

GET settee for some huge savings down at The Range, such as £100 off the Wembury Chaise sofa, previously £599.99, now £499.99.

SAVE: £100

Cheap treat

A Cadbury milk chocolate variety pack is just £1.95 with a Tesco Clubcard

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A Cadbury milk chocolate variety pack is just £1.95 with a Tesco ClubcardCredit: Supplied

CHOMP on a Cadbury milk chocolate variety pack – usually £3.50, but £1.95 with a Tesco Clubcard.

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SAVE: £1.55

What’s new

TOMORROW, boots.com shoppers can get 50 per cent off when they spend £30 by mix and matching beauty products from NYX Professional Makeup, L’Oreal Paris, Garnier, Maybelline and more. This is an online-only deal.

Top swap

These Bottega Veneta earrings are £560

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These Bottega Veneta earrings are £560Credit: Supplied
This similar pair is just £10.99 at Amazon and a silver version is included

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This similar pair is just £10.99 at Amazon and a silver version is includedCredit: Supplied

YOU might have spotted the cult Bottega Veneta earrings, £560, on fashionfans.co, but you can get a similar pair at amazon.co.uk for £10.99, and a silver version is included.

SAVE: £549.01

Shop & save

A DairyLea Dunkers Jumbo Tubes triple-pack is now £1.50 at Iceland.

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A DairyLea Dunkers Jumbo Tubes triple-pack is now £1.50 at Iceland.Credit: Supplied

TOP up lunchboxes with a DairyLea Dunkers Jumbo Tubes triple-pack, was £2.25 now £1.50, at Iceland.

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SAVE: 75p

Little helper

TREAT the family to new PJs and support a great cause.

The Alder Hey x Matalan Children’s Charity collection is back with unisex night-wear for adults and children from £9, with all profits going to the charity.

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Hot right now

THE Sports Direct big brand clearance has savings including 70 per cent off Adidas clothing, starting with men’s trainers at £25.

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.

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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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