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Aldi slashes price of ‘garden bar' to just £5 down from £15 – in time for drinks outside this summer

Aldi slashes price of ‘garden bar' to just £5 down from £15 – in time for drinks outside this summer

The Sun5 hours ago
ALDI has slashed the price of a garden bar from £15 to just £5 - right in time for drinks outside this summer.
The Garden Bar Trolley selling at the bargain retailer is going for just £4.99 - and shoppers are racing to get their hands on one.
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The incredible price tag gets you a sturdy outdoors rack with two trays - perfect for holding summer drinks.
The bottom level even comes with handy wine bottle holders.
These sleek hoops are designed to keep your bottles in place in case of any accidents or spills - more frequent than usual with kids playing in the sun.
And the trolley comes with another ingenious hack which is bound to sell any potential buyer.
A glass holding rack rests just under the top tray, making it easy to store wine glasses upside down.
This feature will save you space, make it safer to store glasses, and will keep them all in one helpful location for ease of access.
These built-in features make the trolley a useful and stylish addition to any garden this summer.
The trolley also has wheels at the bottom so it can be moved around or from inside to outside if needed.
And the top of the trolley has a handlebar so that it can be transported around easily.
The jaw-dropping find was posted to the Extreme Couponing and Bargains UK group.
Shoppers race to M&S as one of their best selling items which is a mum-essential viral are scanning for just 63 PENCE
The user that spotted and purchased the must-have trolley posted a picture of it in their garden.
They captioned the photo: "£4.99 in Aldi yesterday."
The comments section blew up as shoppers flooded the post with positive reactions.
One user said: "If you see one next time your in Aldi can you grab me one please and thankyou xx."
Another commented: "We could do with a couple of these xx."
A third weighed in: "Getting two of these if they have them."
While another asked: "I really want one, was there more? Which store?"
It comes as Aldi continues to sell dozens of summer bargains in preparation for garden parties and get-togethers for the holiday season.
For just £4.99, you could get your hands on a 30cm Winchester Planter to add some texture.
Available in three different colours, the planter is perfect for anywhere in the garden, which includes patios and doors.
If you wanted to rearrange the layout or change your view, it's also very easy to move.
For those planning to host picnics, hot lunches or dinner parties, Aldi is also selling food umbrellas for just £1.69.
With four sizes available (pop-up, medium, large, extra large), you can lay out a feast for your family and friends and keep it insect free.
You can also customise the cheap and clever cover with either plain, strawberry or flamingo emblazoned designs.
For those with young kids, the shop is also selling a very cheap Little Town water sprinkler for just £4.99.
This is the perfect outdoor toy to keep children entertained throughout the summer to ensure playful and cool playtimes.
Again, you can choose from three different designs to suit the preference of your child whether they like flowers, whales or an octopus.
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EXCLUSIVE The mansions that could hit the market in Britain's billionaire exodus: From lavish country estates to luxury London townhouses, the UK properties owned by the super-rich as they flee Labour's tax raids
EXCLUSIVE The mansions that could hit the market in Britain's billionaire exodus: From lavish country estates to luxury London townhouses, the UK properties owned by the super-rich as they flee Labour's tax raids

Daily Mail​

time31 minutes ago

  • Daily Mail​

EXCLUSIVE The mansions that could hit the market in Britain's billionaire exodus: From lavish country estates to luxury London townhouses, the UK properties owned by the super-rich as they flee Labour's tax raids

From a sprawling Georgian manor house with 220 acres of land to a £60million 'palace' dubbed ' London 's Taj Mahal' - these are some of the mansions owned by Britain's 'fleeing' billionaires. Several of the UK's richest residents have already left or announced plans to leave in the wake of Labour's tax raids, including the axing of the non-dom regime. Norwegian shipping magnate John Fredriksen recently put his £250million, 300-year-old Chelsea pile on sale after declaring that 'Britain has gone to hell'. But he is far from the only tycoon to be packing their bags, with research by New World Wealth suggesting the UK has lost 18 dollar billionaires over the last two years - more than any other country in the world. Brothers Ian and Richard Livingstone, who oversee a £9billion property empire in the UK and abroad, an online casino and plush Monte Carlo hotel, have quit Britain for Monaco. They are also the owners of Dropmore House, a grade I-listed manor in Buckinghamshire that was built in the 1790s for Lord William Grenville, who as Prime Minister pushed through the abolition of slavery. The stately pile, which was considered uninhabitable before a massive restoration in 2006-2008, includes 220 acres of beautiful grounds. The Livingstone brothers bought the house and the land in 2012, but there is no sign they are selling despite moving their tax residency. Another jewel in the crown of their £5.4million property portfolio is nearby Cliveden, the country house turned luxury hotel made famous by the 1960s Profumo scandal. Mr Mittal owns a superyacht called the Alaiya. It is more than 100 metres long Labour donor Laskhmi Mittal, who's been reported as telling friends that he would 'probably' leave the UK, owns a vast property portfolio that includes a Kensington mansion dubbed 'London's Taj Mahal'. Overlooking Kensington Palace, 8-19 Kensington Palace Gardens features 12 bedrooms and a swimming pool, and was considered the world's most expensive home shortly before Mr Mittal bought it for £60million in 2008. Featuring marble from the same quarry as that used for the Taj Mahal, the house used to be owned by the Rothschilds and F1 tycoon Bernie Ecclestone, who reportedly sold up because his ex wife, Slavica, decided she didn't like it. But Mr Mittal clearly did, with the Indian-born billionaire going on to buy two more houses on the street, including number 9A for £117 and a second for £70million. He gave these to his son and daughter respectively. If he ever did ever sell up, it would be one of the biggest property deals seen in London. Another billionaire developer, Malawi-born Asif Aziz - owner of the former London Trocadero on Piccadilly Circus - moved his tax residency to Abu Dhabi at the end of last year. His vast property empire spans much of London's West End and includes Haymarket House in Soho and the Criterion Building, which houses the Criterion Theatre. Rachel Reeves ' October budget has been blamed for driving the exodus by abolishing the non-dom tax regime and imposing inheritance tax on the worldwide assets of foreigners who have lived in Britain for more than 10 years. And one leading tax advisor has warned that the flood of billionaires out of Britain could increase even further if Labour decides to impose a wealth tax - a move Sir Keir Starmer has notably refused to rule out. David Lesperance, the founder of tax and immigration advisory Lesperance and Partners, said 50 per cent of his 'ultra-high net worth' clients had already departed the UK since Labour came to power and predicted half that number again would flee the imposition of a wealth tax. 'A large group moved because of the inheritance tax changes, but some decided they would be able to mitigate the hit because they were young, could get insurance to cover it, or could take advantage of some of the tax solutions available,' he told MailOnline. 'But if you bring in a wealth tax, that mitigation is neutralised, so it's another force that will drive those who haven't already left to leave. 'The general public might not mind the idea of wealthy people leaving, but the reality is that in a progressive tax system you are extremely dependent on a tiny number of taxpayers, so if they leave it will have a huge impact on tax revenue. 'And at the same time these golden geese feel they're being driven out of the UK, other countries are promising to offer them a better tax deal. 'If a wealth tax comes in, ultra-high net worth people will say ''London is nice, but not that nice'' and head to all the countries who are actively welcoming them.' Mr Lesperance pointed out that wealth taxes - which are levied on the total value of an individuals' assets - are 'very difficult to administer', with many nations who have brought in the levies subsequently repealing them. Given this, he believes Ms Reeves is more likely to introduce an exit tax - which takes the form of a one-off fee on people moving their tax residency to another country. 'When you have a wealth tax, people will give the lowest figure possible for the value of their assets, and if HMRC wants to challenge it, that will take time and money,' he said. 'I don't see a wealth tax because it won't be good for the goal of maximising revenue. 'I would say it's more likely the Autumn Statement could include an exit tax. But if that happens, advisors will be telling their clients to leave before it comes in.' Several billionaires have been open about their reasons for leaving, with Aston Villa's Egyptian co-owner Nassef Sawiris blaming Labour's inheritance tax clampdown and a 'decade of incompetence' under the Tories. Britain's ninth richest billionaire, John Fredriksen, declared last month that Britain had 'gone to hell' as he explained his reasons for moving his shipping firm from London to the United Arab Emirates. The Norwegian had previously run his private firm, Seatankers Management, from an office in Sloane Square. But he told newspaper E24 that the UK had become a worse place to do business. 'It's starting to remind me more and more of Norway,' he said. 'Britain has gone to hell, like Norway. 'People should get up and work even more, and go to the office instead of having a home office.' Mr Fredriksen, 81, is currently in the process of selling his London home, the Old Rectory in Chelsea, reports The Times. Nestled on Chelsea's oldest street in west London, the property boasts 30,000-square-feet of space, including 10 bedrooms and a ballroom, alongside a two-acre garden. Experts believe that a listing of the prestigious home is unlikely to appear on popular property listing sites but instead will be sold in an 'off-market' private deal delivered by specialist agents. A spokesman for Fredriksen declined to comment on whether the Old Rectory was on sale or claims that domestic staff had already been let go. In May, The Sunday Times Rich List estimated that the UK had 156 billionaires, down from 165 the year before and the largest annual drop since the list began in 1989. Putting an exact figure on the number of billionaires leaving the country is complicated by the difficulty of calculating an individuals' wealth and working out their tax residency if they do not make this information public. It comes as new figures showed the number of non-dom taxpayers in the UK dipped last year prior to the Government clamping down on the tax status, official figures show. There were about 73,700 people claiming non-domiciled tax status in the year ending in April last year, according to estimates from HM Revenue & Customs (HMRC). This was 400 fewer than the 2022-23 tax year, or a dip of about 0.5 per cent. The number of non-doms, according to self-assessment tax returns, stood 3,900 below that in the tax year ending 2020. It indicates a slowdown in the number of people claiming the tax status following a post-pandemic resurgence. Non-domiciled means UK residents whose permanent home, or their 'domicile' for tax purposes, is outside the UK. The regime meant that so-called non-doms paid tax in the UK only on income generated in the UK - meaning any income earned overseas was exempt from British taxation. However, the Labour Government abolished the non-dom tax status in April following backlash that wealthy residents could enjoy the benefits of living in the UK without paying as much tax. Previous chancellor Jeremy Hunt estimated that scrapping the regime would raise about £2.7billion for the Treasury by 2028-29. HMRC's data published on Thursday showed that some £9billion was raised from non-doms paying income tax, capital gains tax and national insurance last year. This was a £107million increase on the prior year, despite the dip in the number of individuals. Even so, campaigners insist HRMC will suffer in the long-term if some of Britain's biggest taxpayers are driven out. Leslie MacLeod-Miller runs Foreign Investors for Britain (FIFB), a lobby group set up after the July general election. He told MailOnline: 'Wealth is already shifting to countries like Italy, Dubai, and Switzerland. 'The government needs to show bold leadership and implement a bold policy change before Britain's 'golden geese' take their 'golden eggs' abroad to other countries that are actively courting them. 'The Office for Budget Responsibility warned this July that continued reliance on this small population of top taxpayers represents a growing fiscal risk. 'The government needs to act now, talk of a wealth tax will only increase the exodus of this high income – and high investing, employing and growth-creating group. Fiscal sense rather than ideology needs to prevail.'

British Business Bank back in black with £144 million profit
British Business Bank back in black with £144 million profit

Times

timean hour ago

  • Times

British Business Bank back in black with £144 million profit

Britain's state economic development agency has returned to profit, and its investment portfolio grew by almost a fifth, as it prepares for a beefed-up role after recent government changes. The British Business Bank, established in 2014 to improve the flow of finance to private companies, generated a pre-tax profit of £144 million in its last financial year — after two consecutive years of losses, including a £131 million loss in the 12 months to March 2024 — boosted by the performance of its investments. The bank provides wholesale finance to equity and debt providers but can also invest up to £60 million directly in individual companies. • British Business Bank marks tenth anniversary of doing deals After the government's recent five-year spending review and industrial strategy, the agency's role has been significantly increased. The government committed £6.6 billion of new capital to the British Business Bank in June, taking its financial capacity to £25.6 billion. Ministers are seeking to stimulate investment in promising UK companies to help drive economic growth and productivity and enable companies to scale up at home rather than overseas, particularly in the US. The annual report for the bank, which has its headquarters in Sheffield, shows that its investment portfolio has increased in value by 19 per cent to £4.7 billion. It supported a total of £6.8 billion of finance for smaller businesses, made up of £1.2 billion deployed by the agency, £2.6 billion of lending guaranteed and £3 billion of private sector capital that it 'crowded in'. As a result, it said, 24,000 businesses that haven't previously been supported by the bank received funding, plus 4,000 that have previously benefited. Louis Taylor, chief executive of the British Business Bank and a former boss of UK Export Finance, the government's export credit agency, said its activities from the last year were forecast to create 38,000 extra jobs and £8 billion of gross value added 'over the life of the finance'. Taylor, 58, whose total pay was £460,800, added: 'We have undertaken a significant reshaping of our organisation to prepare for an expanded mandate and long-term ambitions. Having an economic development bank with permanent capital and a consistent risk appetite, underpinning the UK venture and growth market through its cycles, is a powerful and very positive development.' Despite the market volatility generated by President Trump's tariffs war, the agency said it did not expect 'any direct impact' on its investment portfolio given its UK focus and it not being concentrated in sectors most exposed to US tariffs. • Keir Starmer unveils 'targeted, long-term' industrial strategy The bank's expanded role includes the British Growth Partnership, an investment vehicle seeking to raise hundreds of millions of pounds from UK pension funds and other institutions to back British venture capital. For the first time, it will be managing capital on behalf of pension funds together with other institutional investors. Aegon UK, NatWest Cushon and London CIV, a grouping of local government pension schemes, have expressed interest in working with it.

Angela Rayner blocked from allowing councils to tax tourists
Angela Rayner blocked from allowing councils to tax tourists

Times

timean hour ago

  • Times

Angela Rayner blocked from allowing councils to tax tourists

Angela Rayner pushed for councils to be given powers to tax tourists as part of the government's devolution agenda but was rebuffed by the Treasury. The deputy prime minister wanted to give directly elected mayors the ability to charge their own taxes on hotel stays as part of the government's Devolution Bill, published earlier this month. However, the move, first reported by The Daily Telegraph, was rebuffed by Rachel Reeves, the chancellor, amid fears that it could reduce revenues for businesses already struggling with higher national insurance taxes and rises in the minimum wage. A spokesman for Rayner's department did not deny the rift, saying only that there were 'currently no plans to introduce a tourism tax in England'. Many European cities, including Barcelona, Lisbon, Venice and Amsterdam, charge tourists a tax on the cost of hotel rooms and private rentals, either as a flat rate or percentage of the room charge. Cities in Scotland have their own tax-raising powers. Visitors to Edinburgh and Glasgow will pay 5 per cent on hotel stays from July next year and January 2027 respectively. Andy Burnham, the Labour mayor of Greater Manchester, is among the local leaders pushing to be allowed to charge more in England, while Sir Sadiq Khan, the London mayor, has suggested he would be open to a tourist tax in the capital that would provide more revenue for local projects. Last month, both mayors signed a joint letter with their counterparts in Liverpool, the North East, West Yorkshire and the West Midlands, calling for 'Barcelona-style' tourist tax. • The Sunday Times view: Business is an easy target for tax. Ministers should resist News of the disagreement over a tourism levy came as polling suggested the public would support a new tax regime to attract wealthy foreigners to the UK, provided they use private schools and private healthcare. In total, 67 per cent of people — and 69 per cent of Labour voters — supported special tax treatment for high net-worth investors, according to a report published on Tuesday. A majority of the population said they believed Britain should allow more of the world's wealthiest investors into the country, but only if they make a contribution to the economy and its public finances. Some 66 per cent thought part of that contract should be that foreign investors are banned from using the NHS or the state education system. The survey results were contained in a report jointly published by Onward, a think tank set up by the former Conservative MP Sir Simon Clarke, and the Adam Smith Institute, the free-market campaign group. Called The Prosperity Package, the report calls for a new tax regime for global investors to help stop the exodus of wealth from the UK. Britain is estimated to have lost a quarter of its billionaires over the past two years and is expected to lose a record 16,500 millionaires this year, according to research published over the past month. The acceleration in wealth migration since Labour came to power follows Reeves's decision to abolish the non-domiciled tax regime and apply inheritance tax to family businesses and farms. The old non-dom regime allowed wealthy foreigners who had lived in Britain for more than seven years to avoid paying UK taxes on their worldwide earnings in exchange for a fee starting at £30,000 a year. In its place, Labour introduced a new residence-based system that makes wealthy foreigners pay UK tax on their global earnings after living in the UK for four years, while their worldwide assets become subject to UK inheritance tax after ten years. • Surge in wealthy using insurance to beat inheritance tax hit The authors of The Prosperity Package report suggest an alternative that they believe would boost growth and increase tax revenue by attracting global investors to the UK. Under their scheme, wealthy foreigners would be allowed to move to the UK and keep their global assets, income and gains away from the taxman for 15 years in exchange for an annual fee of £300,000. In addition, applicants would be required to invest a minimum of £3 million into one of eight government-designated 'Industrial Strategy Sectors', delivering cash into areas such as clean energy, the life sciences, and digital technologies. Those who apply to the scheme would also have 'no recourse to public funds' and be required to take out private health insurance and educate their children in the private school system. When the proposed scheme was put to a representative sample of 2,000 Britons, it was supported by 53 per cent of respondents and opposed by only 15 per cent. • Non-dom crackdown 'could leave £4bn hole in public finances' The report says that modelling of the regime suggests that if implemented and taken up by 1,000 people, it would give a £30 billion boost to the economy after ten years and raise a cumulative £13 billion in extra tax revenues. The proposal has similarities to the previous Conservative government's Tier 1 investor visa scheme, which required applicants to invest a minimum of £2 million in either UK government bonds, British shares or loans to UK-registered companies. That scheme was abolished in 2022 after being criticised for being open to abuse by allowing foreigners with questionable sources of wealth to gain residency. The authors of The Prosperity Package report say their proposal would raise more tax revenue and they propose stricter checks on applicants. • Why the super-rich are leaving Britain Maxwell Marlow, of the Adam Smith Institute and author of the report, said: 'The public are clear — they want fairness, not a fortress. If the wealthy contribute significantly and don't draw on the state, most voters are open to their investment. Our proposal meets this test and puts Britain back in the race to attract global capital.' The plan has already attracted some cross-party support. Lord Mendelsohn, the Labour peer and the party's former business and trade spokesman in the House of Lords, said: 'I do not agree with some colleagues that we should wave goodbye to the wealthy; we should be doing whatever we can to welcome them back, and new investors, entrepreneurs, and high spenders to our shores. 'Crucially though, they must contribute to Britain, rather than just using it.'

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