logo
Amazon announces dates for Prime Day July 8

Amazon announces dates for Prime Day July 8

Usually, Amazon Prime Day runs for 48 hours, but this year, it's expanded to 96-hours, with the retail giants promising more deals and discounts to shop from leading brands.
The Prime Day sale will see products across all departments reduced, such as fashion, beauty, garden, home, and entertainment.
No, it is neither just a day long, nor just for Amazon Prime members.
Amazon's Prime Day sale is eligible for all to shop, but Prime members get more discounts and receive free delivery too.
In previous years, this has been Dyson, CeraVe, Ninja, Shark, and Bose, plus lots of Amazon's own brand items.
Recommended reading:
Amazon launches new Haul service but only for some UK shoppers
Martin Lewis: How to stop a banking scam with just three digits
What is Amazon Subscribe and Save and is it worth doing?
For the rest of June, Amazon is continuing its hygiene poverty campaign, following research showing 20% of UK adults are worried about being able to afford basic hygiene products.
The You Buy. We Donate scheme invites shoppers to look out for the 'Buy 2, Donate 1.' link on the product page. Products include brands such as:
The donated products then go to a UK Multibank - a clothes, bedding, baby, and hygiene bank, where companies give away goods people need, while local charities and care professionals know the people who need them.
There are now six Multibanks across the UK, including in the West Midlands and Manchester, which have distributed more than eight million essential items to support over 600,000 families nationwide.
Eugenie Teasley, Amazon UK's Head of Impact, says: 'We know families across the country are facing incredibly tough times, and we want to help. Working closely with The Multibank and other businesses, we've been able to donate over 8 million essential products to more than 600,000 families, but we know there's much more to do.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Amazon slumps after cloud computing growth underwhelms investors
Amazon slumps after cloud computing growth underwhelms investors

Reuters

time4 minutes ago

  • Reuters

Amazon slumps after cloud computing growth underwhelms investors

Aug 1 (Reuters) - shares tumbled 8% on Friday, as the tech giant's results fanned investor fears its cloud unit was falling behind Microsoft and Alphabet in the artificial intelligence race. Amazon Web Services, long the cloud-computing market leader, edged past Wall Street estimates for June-quarter revenue on Thursday with a 17.5% increase, but it widely lagged the 39% growth seen at Microsoft Azure and Google Cloud's 32% gain. That disappointing growth came even as Amazon shelled out $31.4 billion in capital expenditure, more than rivals, and suggested it would spend a more-than-estimated $118 billion for the year. Google and Microsoft also pledged higher spending, but were rewarded from investors on signs AI was already becoming a major growth driver across their businesses, justifying the bill. The companies have been spending billions of dollars on data centers and cutting-edge chips that they say are necessary to overcome supply constraints hampering their efforts to capitalize on soaring demand for AI services. "The spotlight was firmly on AWS and it didn't quite shine as brightly as expected," said Matt Britzman, senior equity analyst at Hargreaves Lansdown. "While Microsoft and Alphabet have already shown strong momentum in cloud growth, AWS wasn't the knockout many wanted to see." Growing expenses have also started to take a bite out of AWS's margins, the business that has long been Amazon's profit engine, accounting for about 60% of its operating income. AWS margins contracted to 32.9% during the quarter, their lowest level since the final quarter of 2023, and Amazon also issued a current-quarter total operating income forecast that was lower than market estimates. CEO Andy Jassy told analysts on a post-earnings call that it was still "very early days" in the AI race and that Amazon's massive cloud business, much larger than rivals, was primed to perform well once the AI capacity constraints start to ease. The stock, up 6.7% so far this year, was trading at $215.9 before the bell. The drop was set to erase around $190 billion from Amazon's market value, if premarket losses hold. The company still trades at a relatively high premium, with a 12-month forward price-to-earnings ratio of 33.87, compared with Microsoft's (MSFT.O), opens new tab 34.19 and Alphabet's (GOOGL.O), opens new tab 18.64, according to data compiled by LSEG. At least 30 analysts raised their price targets on the stock, while three lowered, giving it a median view of $260. Some of that analyst confidence comes from the strong performance of Amazon's retail business, which has remained resilient in the face of Trump administration tariffs that have hobbled many retailers and their supply chains. Amazon has yet to see a drop in demand or a notable rise in prices in the first half of the year, Jassy said, as its online store sales jumped a better-than-expected 11% in the second quarter. Manufacturers and suppliers have shouldered most of the tariff impact so far, analysts said, but noted that much of the inventory Amazon sold in the quarter arrived in the preceding three-month period. "If Amazon's retail business was a standalone entity, it would be trading dramatically higher following the near-perfect results," said Michael Morton, analyst at MoffettNathanson. "Unfortunately, as we all know, the success of the retail business is not what's going to matter in the near term for Amazon's stock price."

Premium Bond Winners August 2025: Who won in the NS&Is
Premium Bond Winners August 2025: Who won in the NS&Is

Leader Live

time22 minutes ago

  • Leader Live

Premium Bond Winners August 2025: Who won in the NS&Is

National Savings and Investment (NS&I) has announced the August 2025 winners. Only two lucky winners get to claim the top million-pound prize, with the first being claimed by a winner from Central Bedfordshire with the bond number 148YD123622. The owner's winning bond was valued at £1,000 and was purchased in December 2008 with an overall holding of £7,000. The second Premium Bond winner to claim £1 million is from overseas with the bond number 205XQ030808. The winner has an overall holding of £50,000 with a winning bond worth £10,000 purchased in May 2013. Every month, only two winners take home £1 million, but plenty of other prizes are available, with around 80 people winning the second prize of £100,000 and 163 claiming £50,000. You can check out the big winners for June via the NS&I website here. You can check your account via the NS&I website. Prize draws are conducted every month and prizes up to £1,000,000 are given away. To find out if you have ever won a Premium Bonds prize, you will need to dig out your holder's information and head over to the prize checker. Recommended Reading Martin Lewis confirms whether Premium Bonds are really 'worth it' NS&I Premium Bonds warning for anyone who has under £10,00 Millions of Premium Bonds holders warned ahead of change You will need your holder's number which you can find on your bond record, or in the app. You can also use your NS&I number which you should be able to find on any communication about your bonds. Premium Bonds are the UK's biggest savings product, with more than 24 million people saving over £122 billion in them, according to Money Saving Expert.

Martin Lewis worried car finance compensation ruling 'could do more harm than good'
Martin Lewis worried car finance compensation ruling 'could do more harm than good'

Daily Mirror

time2 hours ago

  • Daily Mirror

Martin Lewis worried car finance compensation ruling 'could do more harm than good'

Money Saving Expert Martin Lewis has shared how the car finance scandal ruling could impact different sectors, saying the outcome could have 'ramifications across the economy' The bombshell car finance ruling is due today, and Martin Lewis has issued a warning. ‌ Today the Supreme Court will announce its decision on whether motorists will be reimbursed on their hire-purchase agreements. Car dealers have been put under the spotlight following concerns over "secret" commission pocketed from banks and other finance firms. ‌ In October last year, the Court of Appeal ruled the hidden payments made before 2021 without the motorist's consent were unlawful. Ahead of the ruling which is set to take place late this afternoon, Martin Lewis shared his fears on the outcome of the court case - which could see 23 millions drivers owed compensation. It comes after news anyone buying fuel next week will be given '£15 charge' warning by The AA. ‌ ‌ "This is going to be a shock announcement coming. It has ramifications not just for car finance firms but right across the financial services sector," the founder of said. "Depending on what the decision is, it could even have ramifications across the economy." He added: 'If the Supreme Court upholds the Court of Appeal's decision the knock on effects could be substantial on other forms of lending and on the economy. To be honest it could shake the foundations of consumer lending in the country, meaning less possible available credit for many. So much so that I have concerns that it could do more harm than good." His comments come after it was ruled three motorists, who all bought their cars before 2021, had not been told either clearly enough or at all that the car dealers, acting as credit brokers, would receive a commission from lenders for introducing business to them, and should receive compensation. Two lenders, FirstRand Bank and Close Brothers, took the row to the Supreme Court, telling a three-day hearing in April that the decision was an 'egregious error'. ‌ The outcome of the ruling could have major consequences for the industry, with the FCA telling the Supreme Court last year that almost 99% of the roughly 32 million car finance agreements entered into since 2007 involved a commission payment to a broker. The three drivers, Marcus Johnson, Andrew Wrench and Amy Hopcraft, all used car dealers as brokers for finance arrangements for second-hand cars, all worth less than £10,000. Only one finance option was presented to the motorists in each case, with the car dealers making a profit from the sale of the car and receiving commission from the lender. The commission paid to dealers was affected by the interest rate on the loan. The schemes were banned by the FCA in 2021, with the three drivers taking legal action individually between 2022 and 2023. After the claims reached the Court of Appeal, three senior judges ruled that the lenders were liable to repay the motorists the commission, as there was 'no disclosure' of the commission payments in Ms Hopcraft's case, and 'insufficient disclosure' in the case of Mr Wrench. In Mr Johnson's case, the judges found he had received 'insufficient disclosure' about the commission to give 'fully informed consent' to the payment. Lady Justice Andrews, Lord Justice Birss and Lord Justice Edis said that while each case was different, 'burying such a statement in the small print which the lender knows the borrower is highly unlikely to read will not suffice' as enough to properly inform a motorist about the commission.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store