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Advice will be pivotal in preparing people for longevity megatrend

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Advice will be pivotal in preparing people for longevity megatrend

We’re witnessing a gradual but profound change in the shape of our societies, which will transform the way we plan for the future.

Around the world, people are living longer – in some instances, much longer – and birth rates are falling.

While this demographic shift is a global phenomenon, it applies equally to us in the UK.

Office for National Statistics figures point to a 90% increase in the number of people aged 80 and above between 2023 and 2050 and a 200% rise in the number of centenarians is expected over the same period.

The fact only one in three (30%) of those aged 55 to 64 are prioritising funding their retirement should be of concern

Closer to the here and now, the number of people in England and Wales aged 90 and above continues to rise, breaking records year-on-year. In 2023, this cohort consisted of more than 551,000 people.

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The unfolding longevity megatrend will have significant implications for the advice landscape.

The best place to start unravelling what it may mean and how advisers can best respond is to begin a conversation about the realities of increasing longevity and the implications for financial planning.

Well, several conversations. Conversations between advisers and clients, between clients and their loved ones and at industry level, including both professional advisers and policymakers.

Our research found that people who use an adviser are more prepared for all later-life eventualities than those who don’t

Our research programme, Life100+, aims to explore what the megatrend could mean for individuals and society and how we can better prepare financially, practically and emotionally.

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Our first report has already given us valuable insights into how people across the UK are planning for later life and what their goals and concerns are. The findings have also raised important questions around our current approach to saving, retirement and working in later life.

Worryingly, we’ve also discovered that people simply haven’t given enough thought to their later years, let alone things like unexpected longevity.

People see the advantages of living for longer. Almost half (47%) feel positive about living to 100 and one third (31%) agree the benefits outweigh the disadvantages. Some of the positives include seeing family grow up (63%), having the chance to make more of life (45%) and passing on wisdom to grandchildren (35%).

ONS figures point to a 90% increase in the number of people aged 80 and above between 2023 and 2050

But people are vague on how to fund it.

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While 69% of our respondents agreed with the statement ‘Retiring in your sixties will become a thing of the past’, only 48% agreed improved longevity means we’ll need to extend our working lives.

Surprisingly, 25% outright disagreed, with disagreement levels being highest amongst 18 to 34 year olds, the group most likely to live longer.

People who set life goals are more likely to feel in control and optimistic about the future. However, goals generally tend to be focused on people’s current life stage or the next one. The fact only one in three (30%) of those aged 55 to 64 are prioritising funding their retirement should be of concern.

We’ve found a lot to be optimistic about in our first Life100+ report and indeed many people see improved longevity as a net good. But I’ve highlighted some of the more troubling findings to bring me to this: quality financial advice, starting as early as possible, will be essential.

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Almost half (47%) feel positive about living to 100 and one third (31%) agree the benefits outweigh the disadvantages

Our research found that people who use an adviser are more prepared for all later-life eventualities than those who don’t, including funding long-term care, financing retirement and making sure their loved ones are looked after once they die.

We’re encouraged to see that just over half (52%) of under 35s see the benefit of accessing professional financial advice but this declines notably for those aged 55-64 (37%) and 65-plus (30%).

Underscoring the persistence of the advice gap, less than a quarter (23%) of our respondents have ever used an adviser. With such a low proportion of people taking advice, we know more work needs to be done to ensure it’s accessible and affordable.

Now more so than ever, perhaps.

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It’s helpful that the government recognises this challenge and is exploring how to widen the support available to consumers through advice and guidance services. Advisers will continue to play a vital role in helping clients navigate the financial landscape and it’s critical that any future model continues to encourage people to seek support from independent services.

Nick Flynn is retirement income director at Canada Life

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Shoppers are only just realising ‘extinct’ Cadbury chocolate bar has returned to B&M shelves

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'Absolute steal' hail B&M shoppers rushing to buy Squishmallows scanning at tills for £5 instead of £13

SWEET TREAT lovers are thrilled to discover a chocolate thought to be “extinct” in the confectionary aisle of B&M.

Originally sold as a full bar, the chocolate has made a Cadbury comeback in miniature form.

Chocoholics have spotted an all time favourite on the shelves

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Chocoholics have spotted an all time favourite on the shelvesCredit: Getty
The cult classic Fuse chocolate bar was discontinued in the mid-2000s

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The cult classic Fuse chocolate bar was discontinued in the mid-2000sCredit: Sweetbox Shop
Now it's available in mini form and shoppers are delighted

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Now it’s available in mini form and shoppers are delightedCredit: Facebook/Newfoodsuk

Retailer B&M has sparked excitement among chocoholics after customers spotted the Cadbury Fuse Mini Treats on the shelves.

Shoppers were quick to post the find on Facebook after realising it was the beloved Fuse in smaller chunks.

One user commented: “My local one doesn’t have the fuse yet! I need them.”

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Another added: “I can’t believe the fuse is back! Its about time.”

A third user responded: “Wow fuse! Need to get them haven’t seen them in a long time.”

The discovery was posted on a food finding page on Facebook and has since racked up 386 likes and 297 comments.

In the picture there are two types of Mini Treats, the 5 Star and Fuse – but all the focus was on the long anticipated return of the Fuse bar.

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The cult classic chocolate bar has a soft creamy center surrounded by crunchy peanuts and gooey caramel.

With a blend of crispy cereal and sweet fudge is was pinned as a Cadbury favourite.

The treat was launched in 1996 but only lasted for a decade, being removed from shelves in the mid-2000’s.

It’s not known why the bar was discontinued but fans were gutted to see it go.

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A Cadbury 1996 business stated: “The secret of the Fuse recipe is that it uses Cadbury’s chocolate as the main ingredient, fusing together a mixture of favourite snacking ingredients.”

It’s no wonder then, as a combination with the top snacks, the fuse bar became a popular treat.

Fuse bars are now rarely spotted apart from in specialist stores like Bombon.

If you’re determined you can buy the full sized Fuse in India.

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Now at least with the Fuse Mini Treats, chocolate lover will get the chance to relive the the glory days in miniature form.

The Fuse bar isn’t the only treat that shoppers are calling for.

The Cadbury Time Out was found to be the most missed chocolate bar 18 to 35 year olds.

Fans were fuming after the bar was removed in favour of a new, single finger, Time Out Wafer.

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The Cadburys Dairy Milk Tasters were an product that didn’t quite sell enough to keep on the shelves.

As a Malteser look-a-like the product didn’t have the crunchy centre and were eventually removed from stores.

Four years after it was launched the Mars Delight was discontinued.

A survey found 76 per cent of Brits of would love to see Mars Delight make a return.

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How to save money on chocolate

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

Consumer reporter Sam Walker reveals how to cut costs…

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

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

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

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

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

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

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

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I collected so many copies of NME magazine that my attic almost collapsed – now I’m selling them for £3,000

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I collected so many copies of NME magazine that my attic almost collapsed - now I'm selling them for £3,000

A SUPERFAN who collected EVERY copy of NME magazine for 52 years is selling them for an eye-watering £3,000.

Tony Howard’s attic nearly collapsed under the weight of his massive magazine hoard – which started when he was just 12-years-old.

Tony Howard began collecting the magazine when he was just 12-years-old

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Tony Howard began collecting the magazine when he was just 12-years-oldCredit: SWNS
The hoard is expected to fetch up to £3,000

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The hoard is expected to fetch up to £3,000Credit: SWNS

He bought his very first copy in August 1966, and took one home every week until 2018 – when the magazine stopped printing paper editions.

The 64-year-old stashed his jaw-dropping collection of 2,700 copies of The New Musical Express in his Lincolnshire loft.

But now he’s decided to put them under the hammer after his attic was in danger of collapsing.

The NMEs are being sold individually, with some rare copies expected to fetch up to £50 each.

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The collection is going up for auction at John Taylors Saleroom in Louth, Lincs., on November 12.

Auctioneer James Laverack said: “Tony’s interest was triggered at a particularly exciting time when British groups were taking the world by storm, all faithfully reported and reviewed in the NME.

“The very month that he bought his first issue of the New Musical Express, The Beatles released Yellow Submarine and Eleanor Rigby on a double A-side single and then flew off to their final tour in America – and into a massive row over John Lennon’s remark about being more famous than Jesus Christ.

“Tony has decided that the time has finally come to let the astonishing collection go to relieve the weight pressure on his attic and enable other enthusiasts to fill gaps in their NME archives.”

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The collection will be sold in three parts, 1966-72, 1973-2018, and a duplicate copies lot.

James added: “In total the collection extends to around 2,700 copies, an almost complete run spanning the years 1966-2018.

“There are just a handful of issues from the sixties missing, mistakenly thrown out by Tony’s mother when she was tidying up.

“There were some weeks in the seventies when printer’s industrial action stopped publication, but apart from that they’re all there.

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“It’s quite remarkable.

“It is an extraordinary collection, perhaps the finest ever to be offered at auction.

“Other sales have had runs of the NME, some quite early, but involving limited periods. Nothing of this magnitude.

“We’ve given it a pre-sale estimate of £2,500-£3,000.”

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NME MAGAZINE

NEW Musical Express (NME) is a British music, film, gaming, and culture website.

It was founded as a newspaper in 1952, and fell within the ‘rock inkie’ category.

It was the first British newspaper to include a singles chart, adding that feature in the edition of 14 November 1952.

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In the 1970s, it became the best-selling British music newspaper.

From 1972 to 1976, it was particularly associated with punk rock through the writings of Julie Burchill, Paul Morley, and Tony Parsons.

While NME began as a music newspaper, it evolved into a magazine during the 1980s and 1990s, changing from newsprint in 1998.

The magazine’s website NME.com was launched in 1996, and became the world’s biggest standalone music site.

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It garnered over millions of users per month.

Due to falling sales, in March 2018 the publisher announced that the print edition of NME would stop publication after 66 years.

It transitioned into an online-only publication.

But, in 2023, NME revealed that it would revive its print magazine as a bimonthly release.

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NME was acquired in 2019 by Singaporean music company BandLab Technologies.

This comes as many people are discovering their unusual collections could fetch them thousands at auction.

A vintage Star Wars toy hoard found at the back of a cupboard is set to go under the hammer for an eye-watering £600,000.

The over 400 near-mint figurines – including Luke Skywalker and Darth Vader – are still in their original packaging.

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Dating from the late 1970s and early 80s, the plastic toys had been stashed in a carboard box for 40 years by a pensioner.

In Livingston, Scotland, a dad-of-two hopes his giant collection of Pokémon cards will be worth more than a quarter of a million pounds.

Gordon White, 58, has been hoarding the rare trading cards for 16 years and has amassed thousands.

He has already cashed in by selling half of his collection, which fetched a whopping £200,000 when it went under the hammer in November last year.

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And, a collector who found 1,246 coins over the last 45 years sold the lot for £2million.

Robert Puddester paid up to £250 for some of the rarer coins, but the value of East India Company coins has shot up over the last 30 years.

The top selling lot was a Bombay half-mohur from 1765 which sold for £117,800.

A 1765 Bombay gold mohur sold for £99,200, as did a rare 1770 Bombay gold 15 rupees, which was one of only four known examples.

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Suprising household items that are worth a fortune and how to find them

Experts believe the average UK attic hides valuables totalling a staggering £1,922, and around £33billion worth of “junk” lurks in our cupboards and drawers

Antiques expert Charlie Ross, who regularly appears on Bargain Hunt and Flog It!, has listed several items to look out for in your home.

’90s vinyl

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“Records made from about 1992 to 1999 are especially valuable as not a lot was made at that time. Vinyl from bands like Mansun might sell for £80 or Kula Shaker, £65,” said the expert.

Star Wars

“What really sells well is carded figures, One auction recently sold a rare character called Yak Face, from Return Of The Jedi, for over £1,500,” said Charlie

Fountain Pens

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The Bargain Hunt presenter said: “A rare Namiki fountain pen once sold for £6,000 at auction, while auction house Dreweatts sold a limited-edition Montblanc for an incredible £14,000.”

Old mobiles

“Even if they are not worth a huge amount now, there is no doubt that they will become valuable, so they are worth keeping. The first one of any particular series might also be worth something in years to come”. said Charlie.

Autographs

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“If you have a collection of all the Beatles’ autographs, you are sitting on a fortune!” Charlie added.

“I recently met a chap who had a book full of cricketers’ autographs – even that was worth £100.”

Comics

“A Batman Adventures Comic from 1993 could make you around £800. Comics are valuable as they are typically limited edition and quite rare,” explained the expert.

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For more information on hidden valuable items, read here

Rare copies are set to rake in up to £50 each

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Rare copies are set to rake in up to £50 eachCredit: SWNS

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Subway reveals Christmas menu including ‘ultimate Xmas sarnie’ and footlong gingerbread cookie

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Subway reveals Christmas menu including 'ultimate Xmas sarnie' and footlong gingerbread cookie

SUBWAY have revealed their new festive menu and hungry Brits can’t wait to try the “ultimate Christmas sarnie”.

The popular fast food chain rolled out their latest scrumptious items today – and customers were glad to see an old favourite make a comeback.

The V.I.Brie SubMelt was welcomed back by customers who were sad to see it leave last year

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The V.I.Brie SubMelt was welcomed back by customers who were sad to see it leave last yearCredit: Subway
There is now be a limited-edition festive choice in the form of a Gingerbread Footlong Cookie

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There is now be a limited-edition festive choice in the form of a Gingerbread Footlong CookieCredit: Subway
Subway's new Chocolate Hazelnut Cookie

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Subway’s new Chocolate Hazelnut CookieCredit: Subway

The V.I.Brie SubMelt was hailed by fans who were sad to see it leave last year.

It boasts a festive combination of bacon, brie, American-style cheese, red peppers, caramelised red onions, and a sweet onion sauce.

The mouth-watering bread is also toasted to golden perfection, making it the “ultimate cheesy winter warmer”. 

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The V.I.Brie SubMelt will set you back around £8.19 and they’re 469 calories.

Subway announced their Footlong Sidekicks range earlier this year, which features the Footlong Cookie.

And, there is now be a limited-edition festive choice in the form of a Gingerbread Footlong Cookie.

The warmed sweet treats, topped with edible snowflakes, are filled with Christmas spices such as cinnamon and nutmeg.

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Their size makes them perfect to share with friends of family this winter season over a cup of coffee.

They are £4.49 and contain 1,288 calories.

Meanwhile, the Chocolate Hazelnut Cookie offers customers another mince pie alternative this Christmas.

It has both milk and white chocolate chips, crunchy hazelnuts, and delicious salted caramel bits.

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Customers can expect to pay £4.18 for the cookies, which boast 671 calories.

All of these festive new items are available nationwide from today.

They can also be ordered online for collection or delivery on the Subway App.

The “ultimate” sarnie and taste bud tingling goodies will be available until January 10, 2025.

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Deniz Safa, Director of Innovation & Culinary at Subway EMEA, said: “We’re so excited to unveil the first new addition to our Footlong Sidekicks range since their launch in June.

“Fans went mad for our Footlong Cookie this summer, and as Christmas is all about sharing, our all-new Footlong Gingerbread Cookie is set to be the perfect treat to spread some festive cheer with friends and family.

“Enjoy it fresh, warm, and straight from our in-store ovens.” 

“We’re also delighted to bring back the much-loved V.I.Brie SubMelt® which is back due to popular demand.

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“This brie, bacon and caramelised red onion festive toastie is the ultimate comfort food for chilly days, combining iconic festive flavours, and toasted to perfection.”

You can find your nearest open Subway store via their website.

This comes as Costa also announced their Christmas 2024 menu will be launched tomorrow.

And Costa fans are bursting with joy to find out that the Black Forest Hot Chocolate is making a come back.

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Not only this, but customers will also be able to ask for a Black Forest Frappe – a whipped iced alternative which has never been seen before.

The rich dessert-inspired drinks will come with cream, sprinkles and cherry sauce.

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Fish and chip shop launches Christmas dinner with a twist – & reckons punters will love it

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Fish and chip shop launches Christmas dinner with a twist - & reckons punters will love it

A FISH and chip shop has launched its own fun festive feast — a deep-fried Christmas dinner.

Turkey, sprouts, pigs-in-blankets and stuffing balls are all battered and served on chips along with tubs of rich gravy and cranberry sauce.

A fish and chip shop has launched a deep-fried Christmas dinner

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A fish and chip shop has launched a deep-fried Christmas dinner

However, revellers trying to get in shape for office parties are warned the £15 blow-out weighs in at a belt-busting 1,500 calories.

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And that is before those with a sweet tooth add a battered mince pie with warm custard or a Bailey’s– infused hot chocolate for £4.50.

The mega-meal will be sold throughout December by prize-winning Cromars in St Andrews, Fife.

Owner Wendy Napthine-Frame told The Sun: “We love finding new ways to reinvent classic fish and chip shop dishes and this felt like a really fun, festive way to do that.

“I think it’s going to go down really well with customers.

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“We’ve got battered turkey, battered sprouts, and battered stuffing, topped off with crispy golden chips, cranberry sauce, and a tub of gravy.”

She added: “The only thing we didn’t batter was the carrots because we thought we should leave something healthy on the plate!

“We’re hoping this deep-fried twist on the traditional Christmas dinner will give everyone a good laugh.

“I’ve tried and tasted everything — it’s fabulous.”

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Earlier this year, the fish and chip shop became Scotland’s first to launch dedicated dog-friendly dishes.

Irn Bru fan causes outrage with unusual twist on Christmas dinner

The £2 menu includes beef sausages and “puppuccinos”.

The £15 meal comes in at a whopping 1,500 calories

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The £15 meal comes in at a whopping 1,500 caloriesCredit: Sandy Young/scottishphotographer.com

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Pensions and Protection Podcast: Why Income Protection Matters for Clients

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Pensions and Protection Podcast: Why Income Protection Matters for Clients

Join Digital Content Manager Kimberley Dondo as she speaks with Shelley Read, Senior Protection Technical Manager at Royal London, on everything income protection (IP). Shelley answers key questions: What exactly is IP? Why is it critical for financial resilience? And how can advisers ensure clients are properly covered? From navigating underwriting to understanding client needs, this episode covers practical guidance for advisers on IP and reducing the risk of unpaid claims. In association with Royal London, tune in to explore how IP can safeguard lifestyles against income loss.

And if you’d like any further resources or support to help grow your business and deliver value for your clients, visit: adviser.royallondon.com/PeoplePowered

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Four cash-saving ways to stop household essentials from cleaning out your wallet

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Four cash-saving ways to stop household essentials from cleaning out your wallet

IT’S a real chore parting with hard-earned cash for everyday household essentials.

But there are ways to stop these items from cleaning out your wallet.

Four cash-saving ways to stop household essentials from cleaning out your wallet

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Four cash-saving ways to stop household essentials from cleaning out your walletCredit: Shutterstock

Here’s how to save on life’s more mundane purchases . . . 

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BULK UP: It is usually the case that buying more of an item will reduce the overall cost per unit creating savings for you. For example, a 16-pack of toilet roll usually has a lower cost per roll than when you buy a four-pack.

Get into the practice of looking at the unit cost of an item rather than the price to help compare the true value of pack sizes. You can also save five per cent by buying in bulk at Wilko.

Selected toiletries, sanitary and cleaning products are included in the offer but the amount you need to buy varies by item. In some cases you need to buy six-packs to qualify whereas others it can be eight.

READ MORE MONEY SAVING TIPS

REFILL: If you buy cleaning products that come in spray bottles, look to keep the original packaging and buy a cheaper refill when finished.

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For example, Tesco’s antibacterial cleaner refill is 75p which can be used to fill any old spray bottle you have.

SUBSCRIBE AND SAVE: You can save by signing up for repeat deliveries through Amazon.

This is also a useful way of squeezing out extra value if you’re too short on space to bulk buy. To unlock up to 15 per cent off prices of items you will need to schedule five or more deliveries or you can get ten per cent off with up to four repeat orders.

The service is available on a wide range of items including pet food and fizzy drinks, as well as household essentials.

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THE PRICE IS RIGHT: It can be worth buying more of an item when it’s on a special offer and keeping it stored away, rather than buying simply when you run out, especially if it is an item that is rarely discounted.

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

Deal of the day

Sausage dog mid-wellies, £25 at The Original Factory Shop

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Sausage dog mid-wellies, £25 at The Original Factory ShopCredit: tofs.com

MAKE a splash with these sausage dog mid-wellies, down from £45 to £25 at The Original Factory Shop (tofs.com).

SAVE: £20

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Cheap treat

Holy Moly’s new range of sauces and dressings, £1.50 at Sainsbury's with a Nectar card

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Holy Moly’s new range of sauces and dressings, £1.50 at Sainsbury’s with a Nectar cardCredit: Sainsburys

TRY Holy Moly’s new range of sauces and dressings, including peanut satay and smoky chipotle. They are £1.50 at Sainsbury’s with a Nectar card, down from £2.20.

What’s new?

BLACK forest hot chocolate and frappe are available in Costa from today as part of the chain’s Christmas menu which includes new snacks and treats too.

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Top swap

Sheepskin mittens, £45 from John Lewis

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Sheepskin mittens, £45 from John LewisCredit: John Lewis
Primark mitts, £5.50

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Primark mitts, £5.50Credit: Primark

KEEP your hands toasty with these sheepskin mittens, £45 from John Lewis. Or let less cash slip through your fingers by buying the Primark mitts, £5.50.

SAVE: £39.50

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Little helper

GIVE your household reminders, or even motivation messages, with this wooden letter board, £6 from Flying Tiger.

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.

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

Every Sun Savers code entered equals one Raffle ticket.

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

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