Money
All the high street chains closing their doors for two days this Christmas
MORE retail stores are shutting shop on Boxing Day during the holidays to give their staff that extra days rest.
Thousands of well known shops are closing down for two days over Christmas, despite excitement around Boxing Day sales.
On the 25th, the big names stores traditionally close to allow staff to spend time with their loved ones.
Now they may be getting an extra day to celebrate with many shoppers having to hold on before hitting the winter sales.
The bank holiday has notoriously held some of the biggest sales of the year, with department stores packed full of those looking out for some discounted goodies.
In order to not miss out on Boxing Day disappointment make sure to check ahead before hitting the high street.
Here are the stores that have confirmed they are closing on December 26.
Aldi
Get your bargain groceries in now because Aldi will be shutting on both Christmas Day and Boxing Day this year.
Aldi UK communications director Richard Thornton said: “Christmas is such a special period for many of our colleagues, and by keeping our stores closed on Boxing Day, Aldi gives them more time to spend with their loved ones.
“Customers will have plenty to look forward to in the run-up to Christmas, with exciting Christmas ranges hitting shelves in time for the festive season.”
It’s not the first time Aldi has closed on Boxing Day – the discounter has been doing so for the past few years.
The Range and Wilko
These two beloved chains have announced they will be shutting on the 25 and 26 of December.
Retailers The Range and Wilko, owned by CDS Stores, implemented the double closure last year.
Chief executive officer for CDS Alex Simpkin said: “This year’s been another great one for the business.
“We’re grateful to all our incredible team for their dedication and hard work and believe everyone deserves a well-earned rest during the festive season.
“So, in appreciation, we’ll be closing our stores on Boxing Day to give our team the opportunity to enjoy a full two-day break with their families.”
Home Bargains
The popular discount chain is closing all of its 600 UK store on Boxing Day this year.
To let their staff make the most of the holidays they will also be closing at 5pm on Christmas Eve instead of the usual 8pm or 9pm.
It will also be closed on New Years Day.
A spokesperson for Home Bargains said: “We know how hard all our colleagues have worked throughout the year.
“Being a family-run business, we recognise the importance of spending quality time with our loved ones.
“Therefore, we feel it is only right to support our valued store teams by giving them extended time off around Christmas and New Year.”
John Lewis and Waitrose
The John Lewis Partnership exclusively told The Sun is will be shut on both Christmas Day and Boxing Day, as will the majority of Waitrose stores.
There are more than 300 Waitrose shops and 33 John Lewis sites that will be closed, with only a few remaining open on the 26.
Only John Lewis shops within the Trafford and Stratford shopping centres will remain open.
Waitrose and The John Lewis Partnership closed most of their stores for these dates last year.
Homebase
The home improvement retailer will shut all its branches on Boxing Day.
Homebase confirmed to The Sun that the 142 stores will close for a full 48 to allow staff time with the friends and family’s.
A spokesperson for the DIY Giant said: “We’ll once again be closing our stores on Boxing Day so our team can enjoy time with their friends and family over the festive period.”
Other stores to shut on December 26
Screwfix
Wickes
M&S
Lidl
Poundland
B&Q
Iceland
Chains often advertise their festive opening hours on X and Facebook.
You can also try using a retailer’s store locator tool which should tell you the opening hours for your local branch.
Often if you call the store or ask a member of staff they will be able to help.
Why do retailers close on Boxing Day?
Boxing Day is one of the busiest shopping days of the year.So why do retailers decide to close?Senior Consumer Reporter Olivia Marshall explains.
Closing on Boxing Day allows staff to have a well-deserved break after the busy Christmas period.
This can help improve staff morale and reduce burnout.
It also provides them with an opportunity to spend time with their families and friends during the festive season.
For some retailers, the cost of opening on Boxing Day, including staffing and operational expenses, may not be justified by the expected sales revenue, especially if customer footfall is low.
With the rise of online shopping, some retailers may focus on online sales and promotions rather than opening physical stores on Boxing Day.
For some businesses, it may also be a long-standing tradition for them to remain closed on Boxing Day.
From a practical perspective, the day after Christmas can be used for inventory checks, restocking, and preparing for post-Christmas sales.
This can be more effectively done without the distraction of serving customers
Money
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.
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.
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.”
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.
“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.”
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.
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.
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.
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.
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.
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.
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
“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
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
“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.
For more information on hidden valuable items, read here
Money
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 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”.
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.
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.
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.
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.
“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.
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.
Money
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.
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.
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.
“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.”
Earlier this year, the fish and chip shop became Scotland’s first to launch dedicated dog-friendly dishes.
The £2 menu includes beef sausages and “puppuccinos”.
Money
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
Money
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.
Here’s how to save on life’s more mundane purchases . . .
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.
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.
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
MAKE a splash with these sausage dog mid-wellies, down from £45 to £25 at The Original Factory Shop (tofs.com).
SAVE: £20
Cheap treat
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.
Top swap
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
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.
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!
Money
The Morning Briefing: One Four Nine makes 10th acquisition; MM meets Karen Barrett
Good morning and welcome to your Morning Briefing for Wednesday 6 November 2024. To get this in your inbox every morning click here.
One Four Nine makes 10th acquisition
Financial advice and investment management firm One Four Nine Group has acquired Nottingham-based Castlegate Capital, marking a “crucial step” in its growth journey.
The deal is the 10th acquisition for One Four Nine Group and the first of 2024 following a significant period of focus to integrate all firms into the business fully.
The launch in late 2023 of One Four Nine Wealth was an important moment for the evolution of the business.
MM Meets… Unbiased founder and chief executive Karen Barrett
When I enquire of Karen Barrett what she likes doing outside work, her answer is somewhat surprising: “I love knocking down walls,” writes MM editor Tom Browne.
This, it turns out, is part of a wider interest in property renovation, but her response makes a change from ‘socialising with friends’ or ‘going to the cinema’. Then again, there’s a lot about Barrett that makes her stand out.
The founder and chief executive of Unbiased, the UK’s leading platform connecting people to financial advisers, oversees a business that works with more than 27,000 advisers and manages over £80bn in assets.
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).
Read 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.
Quote Of The Day
While over the long-term US elections have had a minimal impact on stock markets, investors will likely see a Trump presidency as a positive for the share prices of many of America’s companies.
– Lindsay James, investment strategist at Quilter Investors, comments on the news that Donald Trump has been elected as President of the US.
Stat Attack
Families are coming together following the government’s decision to add VAT on independent school fees from 1 January next year, new research from Premium Credit’s School Fee Plan has revealed.
54%
of relatives including grandparents, aunts and uncles and siblings who currently help pay for private school fees say they have offered to increase the amount they contribute.
36%
say they could afford to but have not been asked.
40%
who have grandchildren, nieces, nephews or siblings at private school but who do not currently contribute to fees say they would be willing to do so.
23%
of private school parents receive financial help from relatives.
58%
of them say they are helped by grandparents.
34%
said they are helped by aunts or uncles.
86%
of private school parents questioned say they will be able to continue paying fees after VAT is added.
11%
of parents say they are considering moving jobs for higher pay.
17%
are looking to take on more work or second jobs.
12%
Around one in eight say they will look to get their children into less expensive private schools
11%
have asked grandparents and other relatives to start helping.
14%
have asked grandparents and other relatives to increase the amount they already give.
Source: Premium Credit
In Other News
A two-decade long freeze on the inheritance tax (IHT) allowance could cost families almost £250,000 by the end of the end of the chancellor’s tax threshold freeze, analysis from AJ Bell shows.
The main IHT exemption, the ‘nil rate band’, has been frozen at £325,000 since 2009. Amounting to £650,000 for a married couple, assets under this threshold incur no IHT.
However, the limit last increased in 2009 and isn’t due to be lifted until April 2030, with Rachel Reeves extending the IHT threshold freeze at last week’s Budget.
Although a new exemption, the ‘residence nil rate band’ (RNRB), introduced from 2017 means a married couple can leave a combined total £1m tax free if they leave a property to their ‘direct descendants’, AJ Bell’s figures show that the overall IHT threshold would actually be higher had the main nil rate band simply been linked to inflation and the RNRB were never introduced.
The nil rate band indexed to inflation would stand at almost £555,000 by 2029/30, meaning a couple could pass on an additional £110,000 tax free. It means tax bills could be £44,000 higher per family as a result.
But if both the nil rate band and residence nil rate band were indexed to inflation the combined total would stand at nearly £1.6m, knocking up to £234,000 off IHT bills.
Tesla and US bank stocks jump and renewables slump (Financial Times)
Brazil set to double pace of interest rate hikes amid fiscal woes (Bloomberg)
UniCredit CEO pushes merger credentials as it outperforms Commerzbank (Reuters)
Did You See?
Advisers have expressed concerns over insurer service levels – with 28% believing they have worsened in the last two years.
The results were revealed in the Association of Mortgage Intermediaries’ latest protection report.
It found that the speed of underwriting is advisers biggest problem, with 58% raising this as an issue.
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