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You’ve been using your fridge freezer all wrong – six mistakes that are pushing up energy bills

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You’ve been using your fridge freezer all wrong – six mistakes that are pushing up energy bills

KEEPING your fridge freezer running efficiently can be costly – especially as it’s one of the only appliances that is left on constantly.

And simple mistakes, like leaving the door open, or creating a mini ice age in the freezer tray, will only push up the prices you’ve got to pay each month.

Using your fridge freezer wrong could be adding your energy bill

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Using your fridge freezer wrong could be adding your energy billCredit: Getty

If you’re using your fridge freezer all wrong, you’ll only be making the situation worse – and you might face paying more for energy.

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With energy bills rising by £149 annually for the average household at the beginning of this month, we’re all looking for ways to save.

Here are the mistakes you’ve been making, and how to cut costs.

DEFROST IT

If you don’t defrost your freezer compartment it could add as much as £150 a year to your bill, experts have previously told The Sun.

The frost buildup in increases the amount of work your freezer’s motor has to do.

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And if the motor is working harder, then this means it’s using more energy.

You can chip away at any build up once it starts to look a little glacial inside and then your energy bill won’t have to take such a hit.

DON’T OVERLOAD IT

When you have too much food in your fridge or freezer, the appliance struggles to keep all the items of food cold, and uses more energy as a result.

Unclutter your fridge, so make sure your fridge isn’t packed to the brim.

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Especially near the ventilating outlets as keeping space at the top and sides of your fridge helps the cool air move around easier.

Shopping discounts – How to make savings and find the best bargains

But with that said you shouldn’t leave it empty either.

If you haven’t got any goods in the fridge then it will be working for nothing – that’s especially the case when you go on holiday.

If you’re off on your travels and you’re leaving nothing behind, make sure to switch off the fridge, otherwise it could be wasting energy for absolutely no benefit.

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CLOSE THE GAPS

If the food shop has been a bit sparse this week but you don’t want your fridge over-working to stay cold, there’s ways to keep it stocked-up without filling it with food.

Keep your fridge and freezer filled with things like bottles of tap water that will slot into the empty space.

You can also fill empty space in the freezer with screwed up newspaper.

Both DIY items can quickly freeze over – and once they do they’ll keep the rest of the contents cooler, so the appliance won’t have to work as hard.

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How do I calculate my energy bill?

BELOW we reveal how you can calculate your own energy bill.

To calculate how much you pay for your energy bill, you must find out your unit rate for gas and electricity and the standing charge for each fuel type.

The unit rate will usually be shown on your bill in p/kWh.The standing charge is a daily charge that is paid 365 days of the year – irrespective of whether or not you use any gas or electricity.

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You will then need to note down your own annual energy usage from a previous bill.

Once you have these details, you can work out your gas and electricity costs separately.

Multiply your usage in kWh by the unit rate cost in p/kWh for the corresponding fuel type – this will give you your usage costs.

You’ll then need to multiply each standing charge by 365 and add this figure to the totals for your usage – this will then give you your annual costs.

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Divide this figure by 12, and you’ll be able to determine how much you should expect to pay each month from April 1.

POSITION IT

Where your fridge sits in your kitchen is important.

No, it’s not so much about the feng-shui, but there are spots in the kitchen that could be troublesome if you’re looking at keeping coasts to a minimum.

Experts at Uswitch have said that if it’s practical, place your fridge away from your cooker and make sure it isn’t in direct sunlight.

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That’s because it’s always going to operate better if it’s in a cool spot.

Beside the cooker it might have to battle with heat coming off the second appliance, and the sun shining onto your fridge might impact its temperature too.

They also advised that you should also keep the fridge at least 10cm from the wall, as this will allow the coils to work most efficiently.

CHECK THE SEAL

Check seals on your fridge are in good order.

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This is a bit like when you’re plugging up your home from nasty draughts – you don’t want either the cool air to escape or hot air to creep in.

Both scenarios are only going to make your fridge work harder, using more energy in the process.

A good way to make sure the seals are working as intended is by opening the door, holding a bit of paper where the door shuts, and then shutting it, says Which?.

If the paper can’t be pulled out whilst the door is shut, then everything is okay; but if the paper comes out, then the seals need to be sorted.

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You can simply tighten the hinges if you’re a dab hand at DIY or, if you have a bit of spare cash, replace the seals.

New seals are often available online for £30 to £100.

SHUT THE DOOR

Keep the door shut to stop unwanted draughts too.

When you’re taking food out of the fridge, you want to get in and out as quickly as you can.

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Every time the fridge door is opened, cold air escapes and warmer air enters and this exchange pushes up the temperature inside so the fridge has to work harder.

It’ll use more energy to get back down to temperature and cost more on your bills.

SCRUB UP

You shouldn’t forget about the back of your fridge freezer either – it needs just as much TLC and taking the time to clean it up could save you money on your energy bills.

Dust on the condenser coils can prevent your appliance from cooling properly, and if it’s particularly thick it can reduce the efficiency by as much as 25% says Which?.

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You can vacuum away the dust and dirt to get your fridge freezer working more efficiently again which should bring down your energy usage.

Hacks for Keeping Food Fresh in Your Fridge

IF you want your food to stay fresh, you’ll need to try out this useful hacks…

  1. Herbs in Water: Store fresh herbs like parsley and coriander in a glass of water, then cover with a plastic bag to keep them fresh for weeks.
  2. Wrap Greens in Paper Towels: Wrap leafy greens in paper towels before placing them in a plastic bag. The towels absorb excess moisture, preventing wilting.
  3. Use Mason Jars: Store salads, chopped vegetables, and even leftovers in mason jars. They are airtight and keep food fresher for longer.
  4. Revive Stale Bread: Sprinkle a bit of water on stale bread and pop it in the oven for a few minutes to make it fresh again.
  5. Baking Soda for Odours: Place an open box of baking soda in your fridge to absorb odours and keep food tasting fresh.
  6. Freeze Herbs in Olive Oil: Chop herbs and freeze them in olive oil using an ice cube tray. This preserves their flavour and makes them easy to use.
  7. Keep Cheese Fresh: Wrap cheese in wax paper instead of plastic wrap. Wax paper allows the cheese to breathe, preventing it from becoming slimy.
  8. Store Avocados with Onions: Place a cut avocado in an airtight container with a slice of onion. The sulphur compounds in the onion slow down oxidation, keeping the avocado fresh.
  9. Use Vinegar Wash for Berries: Rinse berries in a mixture of water and vinegar (one cup of vinegar to three cups of water) before storing. This kills bacteria and mould spores, extending their shelf life.
  10. Egg Freshness Test: To check if eggs are still fresh, place them in a bowl of water. Fresh eggs will sink, while old ones will float.

Implement these clever hacks to maximise the freshness of your food and make the most of your groceries.

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Pubs and restaurants face ‘cliff edge’ unless Rachel Reeves axes looming tax hike, warn bosses

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Pubs and restaurants face 'cliff edge' unless Rachel Reeves axes looming tax hike, warn bosses

PUBS and restaurants face a “cliff edge” unless Rachel Reeves axes a looming tax hike, anxious bosses have warned.

Some 170 hospitality chiefs – including booze giants like Greene King, Fuller’s and Wetherspoons – are demanding further business rates relief at the Budget.

Pubs and restaurants face a 'cliff edge' unless Rachel Reeves axes a looming tax hike, anxious bosses have warned

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Pubs and restaurants face a ‘cliff edge’ unless Rachel Reeves axes a looming tax hike, anxious bosses have warnedCredit: PA
Some 170 hospitality chiefs are demanding further business rates relief at the Budget

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Some 170 hospitality chiefs are demanding further business rates relief at the BudgetCredit: Getty

A 75 per cent business rates cut is due to end on April 1 and will saddle the already-struggling sector with £914million in fresh levies.

In their letter to the Chancellor, the bigwigs write: “In recent months the hospitality sector has become increasingly worried about the onrushing business rates cliff edge that hits the economy on April 1 next year.

“This Budget is the last chance to prevent bills quadrupling for high streets across the country.

“We are asking you to grasp this opportunity to deliver your manifesto commitment to fix business rates and protect businesses.”

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Without action, the bosses warn that more venues will be forced to close, leading to job losses and holes in high streets.

UK Hospitality’s Kate Nicholls said: “This 170-strong cohort of business leaders across hospitality shows just how important addressing business rates is at the Budget.

“Inaction will lead to bills quadrupling and more venues shutting their doors for good, which will rob our towns and cities of vital community hubs.

A government spokesperson said: “We’re supporting businesses, including hospitality, through pledges to cap corporation tax at 25 per cent, make the business rates system fairer, and to publish a business tax roadmap so that future investments can be planned with confidence.”

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Chancellor Rachel Reeves announces £22bn black hole in UK budget

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I grew up living in a ‘rough’ council house – now I make seven figures a year and take my wife on SIX holidays a year

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I grew up living in a 'rough' council house – now I make seven figures a year and take my wife on SIX holidays a year

A MAN who grew up living in a “rough” council house and later became a millionaire explains how he manages to take his wife on six holidays a year.

Karl Hudson, 33, from Newcastle, sometimes works 18-hour days and is such a workaholic he even took his laptop on his honeymoon.

Karl Hudson, 33, from Newcastle, is a millionaire and credits his ambition to growing up in a council house in a 'rough area'

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Karl Hudson, 33, from Newcastle, is a millionaire and credits his ambition to growing up in a council house in a ‘rough area’Credit: Jam Press/Karl Hudson
He regularly holidays with his wife Charlotte who works for his website

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He regularly holidays with his wife Charlotte who works for his websiteCredit: Jam Press/Karl Hudson
The two enjoy a lavish life of luxury but Karl admits he's always working - even when away

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The two enjoy a lavish life of luxury but Karl admits he’s always working – even when awayCredit: Jam Press/Karl Hudson

The entrepreneur built his SEO successful business by launching a website from his parents’ bedroom.

He created Searcharoo back in 2008 and has been “involved with multiple businesses to help investors get their websites ranked.”

Karl, a proud Geordie who still lives in his home town, lives in a £350,000 house with their two Yorkshire Terriers with wife Charlotte, also 33.

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The Geordie credits his ambition to “growing up in a rough area in a council home”.

Karl said: “Despite the area we lived in, I had a great upbringing and my SEO journey actually started in that house.

“My dad, who worked as a life coach, needed help with designing a website and with 14-year-old me being a big fan of computer games, he called on me for some help.

“Back in those days it was a lot of trial and error, with a big emphasis on error – it was the perfect way to learn.”

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He also said that when he started his career he “didn’t need much in terms of financial backing”.

Karl said: “When I started SEO, it was hugely different [to how it is now].

“You were capable of just spamming and things would rank, the trickiest part is all of the algorithm changes and trying to test what is working, because Google doesn’t tell you.

I’m from the UK’s most ‘deprived’ crime capital – I was a millionaire by 30, own £60k in handbags & bought a Lamborghini

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Ex-homeless man who runs a multi-million pound property business

By Louisa Gregson

A MAN who found himself homeless and living in his car as a teenager now owns a thriving business worth £5million helping other people to buy homes easily.

Kieran Witt, 31, is one of seven and when there was no space left for him in the three bed council house he shared with his single mum and six siblings he was forced to move out and sofa surf with friends.

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His ordeal trying for years to get a roof over his head led him to set up a business making the process of home buying easier and it now has a valuation of £5 million.

Kieran says. “We were quite a poor family. I’m the eldest of seven siblings.

“My mum never worked and we were on benefits. We were in a small three bed council house and there’s rules around teenagers sharing bedrooms with young kids. And you can’t have mixed gender sharing.

“That forced the situation where I needed to move out of the property.”

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Seventeen-year-old Kieran was in his first year of college studying for his A levels and despite having a part time job, he did not have the means to pay rent.

Read more here.

“So networking with other people, testing and sharing ideas, is what I’ve done for many years to help give me the edge, which has definitely helped contribute to my success.”

The couple live in a and are travelling in Australia and Bali during a four-week honeymoon, following their wedding in July this year.

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While Karl reinvests much of his earnings, he occasionally likes to treat himself to fun toys, too – his latest purchase is a £35,000 Ford Ranger Wildtrak, while his wife drives a £55,000 BMW X5, which the entrepreneur paid for.

His success grew through various investments and agencies, as well as the entrepreneur’s own personal website.

The 33-year-old lives a luxury lifestyle but admits his career takes a toll on his marriage because he can never really switch off.

Karl said: “We’ve had six holidays in this year alone – visiting places such as Thailand, Poland, Vietnam, Spain and the Philippines.

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But the work doesn’t stop. If I have to jump on the laptop while we’re out there, then I’m going to do it because that money means the next trip will be even better.

“My work allows us to have the finer things in life, which she definitely enjoys. I’ll never change.”

“My constant working can cause issues and arguments,” said Karl, who got married earlier this summer.

“My wife knows that I can get absorbed in the job but that this is a sacrifice we have to make to live the life we now have.”

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Karl says extreme dedication is necessary for anyone who wants to succeed in business.

While he has been with Charlotte for the past eight years as a partner, he’s also her employer – she’s a content manager at Searcharoo.

Karl believes his financial success is down to his resilience, something he thinks today’s generation struggle with.

He said: “I’ve had some days in my career where I’ve been working for 18 hours straight but it doesn’t phase me.

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“I find it impossible to switch off as I love what I do. I’m not one to flash the cash, though – I’m actually quite a reserved person.

“The harder you work the more you get. Unfortunately, with how easy technology has made everything, I fear that the younger generation has lost that fire.

“Gen Z expects everything to be handed to them but that’s not the real world – I’ve got out exactly what I’ve put in.

“Younger lads wouldn’t dream of working on holiday but if they want a life like mine, it’s part of the grind.”

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Karl has visited six countries this year including Thailand, Poland, Vietnam, Spain and the Philippines.

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Karl has visited six countries this year including Thailand, Poland, Vietnam, Spain and the Philippines.Credit: Jam Press/Karl Hudson

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I won a life-changing £200,000 in the lottery – I thought it was just £30k so I was in shock when I saw the cheque

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I won a life-changing £200,000 in the lottery - I thought it was just £30k so I was in shock when I saw the cheque

A LOTTERY winner has been left in “shock” after underestimating the incredible Postcode Lottery prize that he had just bagged.

George Mounsey, one of the winners from Derbyshire, received “unbelievable” news after discovering the cheque value, thinking he had only received £30k.

George and his partner Margaret were beaming with joy after realising the total value of their winning share

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George and his partner Margaret were beaming with joy after realising the total value of their winning shareCredit: People’s Postcode Lottery
The residents have all had different responses to the winnings and it was not just George who underestimated the total sum

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The residents have all had different responses to the winnings and it was not just George who underestimated the total sumCredit: People’s Postcode Lottery
The picturesque village has hit the jackpot with each entrant taking home their share of the winnings

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The picturesque village has hit the jackpot with each entrant taking home their share of the winningsCredit: People’s Postcode Lottery

After realising the true value of the winnings, George immediately asked: “When does this go in the bank”.

George with his partner, Margaret Blurton, has since considered investing in a caravan but has admitted their still too stunned to finalise any spending.

This is not the first luck the pair have received, after the couple rekindled their romance from when they were teenagers after an unlikely meet-cute in a supermarket.

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Tragically, Margaret lost her son and daughter to cancer but admitted that her four grandchildren, two great-grandchildren and rest of the family “will get better Christmas presents this year”.

George said: “We might even get a bigger turkey”.

He was not the only one in the winning group to underestimate the offering.

Paul Rowland, who works with the prison service national distribution centre, originally saw the number two on the cheque and assumed he had won £20,000.

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Little did he know that there would be a long row of zeros waiting for him to cash in from the enveloped cheque.

Breaston has now been dubbed “millionaire street” with the three next-door neighbours all taking home an incredible £200,000 cheque after DE72 3BC bagged the lucky draw.

The total £1 million jackpot was shared out with an additional bungalow owner, Paul White, as well as another anonymous local.

Mega Millions warning as $1.1bn prize still remains unclaimed – and the ticket was bought at a chain store (1)

Alison Browne, a freelance exam coordinator, described the win as “life-changing” and now plans to celebrate with her husband, Tim.

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The pair hope to fulfil their lifelong goal of hopping on to the Orient Express as well as a trip to the Rockies in Canada.

Alison said: “Never in my wildest dreams did I think we would win this much.”

Tim has revealed he even hopes to treat his wife to a puppy that could keep their current Pointer, Finlay, company.

The street bagged the winning jackpot from this week's Postcode Lottery

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The street bagged the winning jackpot from this week’s Postcode LotteryCredit: People’s Postcode Lottery
Tim and Alison hope to explore more of the globe, using the money to fund a trip via the Orient Express

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Tim and Alison hope to explore more of the globe, using the money to fund a trip via the Orient ExpressCredit: People’s Postcode Lottery
Paul and Angie hope to take their children on a well-earned trip to the Maldives

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Paul and Angie hope to take their children on a well-earned trip to the MaldivesCredit: People’s Postcode Lottery

How to play the People’s Postcode Lottery?

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For just £12 a month, players can sign up through the official website to have a chance of winning millions of pounds.

Once signed up, players are automatically entered into every draw and prizes are announced every day of each month.

Tickets play for the Daily Prize, worth £1000 and revealed every single day.

Tickets could also win a jackpot of £30,000 for Saturday and Sunday’s Street Prize draws.

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People’s Postcode Lottery also offers a £3million Postcode Millions draw each month – where your ticket plays for a share of the cash prize fund.

Winners are notified by email, text, post, or phone call, depending on the prize they win.

Jackpot winners are visited by the lottery team in person.

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I bought a crumbling house and turned it into a £3.4million fortune after getting bored during retirement

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I bought a crumbling house and turned it into a £3.4million fortune after getting bored during retirement

A MAN who bought a crumbling house has transformed the ruin into a retirement fortune worth millions.

Richard Morris and his wife, Joy, got their hands on the Newton Court Farm in Monmouth after finding retirement too boring and struck gold with their decision.

Richard Morris owns the estate which sits next to the original 7 bed farm house

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Richard Morris owns the estate which sits next to the original 7 bed farm houseCredit: Rob Browne/Media Wales
The Monmouth vineyard produces around 30,000 bottles a year

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The Monmouth vineyard produces around 30,000 bottles a yearCredit: Rob Browne/Media Wales

The 72-year-old told WalesOnline how he built Ancre Hill estate piece-by-piece with the winery now consisting of three vineyards totalling 22 acres.

Richard has now made the decision to put the site, which produces around 30,000 bottles a year, up for sale for a whopping £3.4 million.

Originally looking to retire in his 40s, Richard sold his transport and logistics company to travel with his wife and visit as many vineyards as they possible could.

However, the retiree “soon got bored” and “felt it was too early to call it a day” and so bought a seven-bed house surrounded by vacant fields.

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He even returned to school, achieving a diploma in viticulture from Plumpton College, Brighton, to learn about the technical processes of vineyards.

Richard said: “It’s been fantastic. Instead of being stuck behind a desk all day or sitting in a car all day, I’m out in the fresh air in the vineyard or I’m in the winery but I can’t go on forever.”

Being one of the most sustainable wineries in the world, the structure was originally made from straw and rendered lime mortar.

The first vines were planted back in 2006 and since then Richard and his wife have developed the site to what it is now.

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Describing the original farm house as “basically falling down” the money the couple have spent to renovate has clearly paid off in the long run.

Their venture in producing wine has developed beyond a retirement hobby with the pair establishing sales in Michelin star restaurants and others across the globe.

I turned my house into a home for just £20 thanks to a Dunelm bargain buy – it’s made such a massive difference.mp4

Richard even found a South African winemaker, Jean Du Plessis, to oversee the incredible feat ensuring the smooth-running of the wine produce.

Despite the challenging weather that the UK climate can bring, Richard continued to explain how much he enjoys the process.

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Beyond the environment, Richard has other factors that are out of his control including the steep levy which UK wine is subject to.

From February 1, the number of tax bands for wine is expected to increase from one to 30 and Richard claims that supermarkets have been frustrated with the move to hike up taxes on the products.

Despite the few negatives, he still works three days a week across the different vineyards which have pinot noir, chardonnay, albarino and other hybrid varieties planted.

With the wine being particularly popular amongst young people, the business has been exported to Canada, Singapore and Hong Kong.

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They now hope to find further buyers elsewhere, including Scandinavia.

The Ancre Hill Estate has now been placed up for grabs for one lucky buyer or vineyard entrepreneur

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The Ancre Hill Estate has now been placed up for grabs for one lucky buyer or vineyard entrepreneurCredit: Rob Browne/Media Wales

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I’m being evicted from my house where I’ve lived for 50 years because my mum died – I’m facing homelessness

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I'm being evicted from my house where I've lived for 50 years because my mum died - I'm facing homelessness

A MAN is facing homelessness after he was evicted from the house where he has lived for 50 years – because his mum died.

Neville Pass, 53, has lived in the three-bedroom semi in Shrewsbury since the 1970s.

Neville Pass with a picture of his late mum Doreen

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Neville Pass with a picture of his late mum DoreenCredit: SWNS
Neville has been slapped with an eviction notice

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Neville has been slapped with an eviction noticeCredit: SWNS

After Neville’s four siblings moved out and his dad died, he was left alone with his mum Doreen.

For the past three years, Neville was Doreen’s full-time carer as she slipped into poor health – before she died in June aged 83.

As he was coming to terms with her loss, Neville was slapped with an eviction notice.

Neville was told he was no longer classed as a carer for his mum and the semi was “too big” for his needs.

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He slammed housing bosses for “coldly” booting him from his childhood home when he has little money after years caring for his mum.

Neville said the eviction notice also demanded he emptied the house, so he was forced to take all of his mum’s belongings to the tip.

The council has since told Neville they are unlikely to be able to find him a new home because he is not classed as disabled.

‘NOT APPRECIATED’

Neville said: “My mum was a lovely lady, very kind, and put up with a lot of pain in the last years.

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“But we always managed to smile about something and enjoy the local countryside.

“For the last three years I was her full-time carer. But she passed away earlier this year, after years of heart kidney and liver problems.

“Housing Plus have now asked me to leave because it is a three-bedroom house and I am not a carer any more.

“They said I could stay only in ‘special circumstances’ but they don’t consider my situation as a ‘special circumstance’ .

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“I have lived here all my life. As a full-time carer you can’t get a full-time job or a mortgage or save much money.

“So to be asked to leave a house after nearly 50 years is uncaring and cold.

“They said I had to empty the house, so I had to take all of my mum’s things and throw them in the tip.

“They have allowed me to stay temporarily in the house but I have to go soon.”

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Neville added: “I’m paying full rent – I’m on benefits so can’t even afford the heating.

“I asked the council for help and they said they would try to help me find a house.

“But because I’m not disabled they they said it was unlikely they would be able to find me one.

“I spent more than 10 years with my mum helping her, especially at night.

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“She was always breathless because of her heart problem. I helped calm her down and gave her oxygen.

“I was told people like me save the NHS millions – but now I’m coldly being told to leave.”

Neville said: “I guess carers are not appreciated as much in Shrewsbury.

“I hope rules can be put in place to help carers readjust to life instead of being told you’re not a carer anymore and made homeless.”

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‘HUGE DEMAND’

Housing Plus’s Les Clarke said: “I am sorry to hear about this situation which I understand is very upsetting for our customer.

“We are supporting and helping him to find a suitable home and he is remaining in the current property whilst this process takes place.”

Clarke added: “We always work to support our customers in these circumstances.

“We do our best to find suitable alternative accommodation for them.

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“However, it is important that we use our housing stock as efficiently as we can. There is huge demand for larger properties in this area.

“We have many people on our waiting list including people living in temporary accommodation.”

Section 21 no fault evictions – what are your rights?

Source: Citizens Advice

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  • A section 21 notice has to give you at least 2 months.
  • Some tenants have a right to a longer notice. For example, 3 months’ notice if your rent is due every 3 months.
  • Section 21 notices are sometimes called ‘no fault’ notices because your landlord does not need a reason for eviction.
  • But your landlord must follow rules to use a section 21. For example, they have to use the right form, protect your deposit and give you a gas safety certificate.
  • All councils must help stop people becoming homeless.
  • You can ask the council for help as soon as you get a section 21 notice.
  • Your landlord must get a possession order if you do not leave when the notice ends.
  • They must not change the locks or evict you themselves.
  • Your landlord can apply to court as soon as the notice period ends.
  • In most cases, your landlord has to apply to court within 6 months of giving you notice.
  • If you have a right to a longer notice period, your landlord has 4 months from the end date on the notice.
  • The notice stops being valid if your landlord does not apply to court within this time.
  • This means they would have to give you a new notice if they still want you to leave.

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Rachel Reeves under pressure to soften Budget tax raid on bosses amid warnings it would strangle growth

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Rachel Reeves under pressure to soften Budget tax raid on bosses amid warnings it would strangle growth

RACHEL Reeves is under pressure to soften a Budget tax raid on bosses amid warnings it would strangle growth.

Insiders believe the Chancellor could now back away from raising employer National Insurance Contributions (NICs).

Rachel Reeves is under pressure to soften a Budget tax raid on bosses amid warnings it would strangle growth

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Rachel Reeves is under pressure to soften a Budget tax raid on bosses amid warnings it would strangle growthCredit: Alamy

It comes amid furious claims such a rise would breach Labour’s manifesto.

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Ms Reeves was instead said to be considering a lesser move to levy NICs on firms’ pension contributions.

She was also believed to be eyeing a £1billion inheritance tax grab on shares in small and medium-sized firms currently exempt from the levy.

Ministers are considering raising fuel duty despite warnings it would contradict their vow to protect working people.

Health Secretary Wes Streeting said the mooted employer NIC rise would not break Labour’s election pledges.

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He did not deny that an extended freeze to income tax thresholds would drag an extra million workers into paying higher rates.

It came as a report warned taxing businesses would further damage UK competitiveness on the world stage.

Britain ranks 30th out of 38 OECD nations for competitiveness and could plunge further.

Daniel Herring, from The Centre for Policy Studies, said: “There’s a real danger that Britain could end up with one of the least competitive and most anti-growth tax systems in the OECD if the expected tax rises come to fruition.”

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Tina McKenzie, from the Federation of Small Businesses, said the Budget must deliver “on the growth promises in the election”.

She said: “The Chancellor should back small firms to deliver more jobs, better pay and fire up our economy.”

Britain must accept tough times or face ruin, Rachel Reeves warns

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