Major building society to make big change to 58 savings accounts in weeks
Read one to see the full list of accounts that will be impacted
SAVINGS BLOW Major building society to make big change to 58 savings accounts in weeks
Click to share on X/Twitter (Opens in new window)
Click to share on Facebook (Opens in new window)
A MAJOR building society will make a big change to 58 savings accounts in weeks.
Leeds Building Society will slash the rates on a number of its savings accounts.
Sign up for Scottish Sun
newsletter
Sign up
1
Leeds Building Society will slash the rates on a number of its savings accounts
Credit: Alamy
The moves comes after rate-setters on the BoE's Monetary Policy Committee cut the base rate from 4.5% to 4.25%.
This was the fourth interest rate cut since 2020.
The base rate is used by lenders to determine the interest rates offered to customers on savings and borrowing costs.
A base rate cut can mean that mortgage rates are lowered, which is good news for homeowners.
But it can mean that savers lose out as the interest they earn on savings will drop.
As the base rate falls, some savings providers, including Leeds Building Society have chosen to lower the interest rates on some savings accounts.
Some 58 savings accounts provided by the bank will have interest rates lowered.
That includes its Five Access Saver which will have its interest rates lowered from 3.77% AER to 3.55% come June 27.
AER, or Annual Equivalent Rate, is used to show you what you could earn from a savings account over a year.
It's Ronnie The Rhino Youngsaver account for those under 18 will also have its interest lowered.
I've started saving up for next year's energy bills using savvy £1 hack..
Come June 26, the rate will lower from 3.80% AER to 3.65%.
Meanwhile, Vault customers will see interest rates on their account from 3.80% AER to 3.65% come June 26.
The change will take place from June 23, but dates can vary from offer to offer.
You can take a look at the full list of account changes below
1 Year Double Access Cash ISA - Previous rate: 4.35% Tax free§ p.a./AER2 - New rate: 4.15% Tax free§ p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: 4.35% Tax free§ p.a./AER2 - New rate: 4.15% Tax free§ p.a./AER2 - Implementation date: June 27, 2025 1 Year ISA Holding Account - Previous rate: 3.80% Tax free§ p.a./AER2 - New rate: 3.65% Tax free§ p.a./AER2 - Implementation date: June 26, 2025
- Previous rate: 3.80% Tax free§ p.a./AER2 - New rate: 3.65% Tax free§ p.a./AER2 - Implementation date: June 26, 2025 1 Year ISA Holding Account (Issue 2, 3 & 4) - Previous rate: 3.80% Tax free§ p.a./AER2 - New rate: 3.65% Tax free§ p.a./AER2 - Implementation date: June 26, 2025
- Previous rate: 3.80% Tax free§ p.a./AER2 - New rate: 3.65% Tax free§ p.a./AER2 - Implementation date: June 26, 2025 Access ISA (Monthly) - Previous rate: 2.00% Tax free§ p.a./AER2 - New rate: 1.85% Tax free§ p.a./AER2 - Implementation date: June 26, 2025
- Previous rate: 2.00% Tax free§ p.a./AER2 - New rate: 1.85% Tax free§ p.a./AER2 - Implementation date: June 26, 2025 Access Saver - Previous rate: 2.00% Gross1 p.a./AER2 - New rate: 1.85% Gross1 p.a./AER2 - Implementation date: June 23, 2025
- Previous rate: 2.00% Gross1 p.a./AER2 - New rate: 1.85% Gross1 p.a./AER2 - Implementation date: June 23, 2025 Access Saver (Monthly and Issue 6 & 7) - Previous rate: 2.00% Gross1 p.a./AER2 - New rate: 1.85% Gross1 p.a./AER2 - Implementation date: June 23, 2025
- Previous rate: 2.00% Gross1 p.a./AER2 - New rate: 1.85% Gross1 p.a./AER2 - Implementation date: June 23, 2025 Albion Access Account - Previous rate: 2.00% Gross1 p.a./AER2 - New rate: 1.85% Gross1 p.a./AER2 - Implementation date: August 13, 2025
- Previous rate: 2.00% Gross1 p.a./AER2 - New rate: 1.85% Gross1 p.a./AER2 - Implementation date: August 13, 2025 Blue and Amber Account (Issue 2, 6, 8, 9, 11, 13, 14 & 15) - Previous rate: 2.00% Gross1 p.a./AER2 - New rate: 1.85% Gross1 p.a./AER2 - Implementation date: June 23, 2025
- Previous rate: 2.00% Gross1 p.a./AER2 - New rate: 1.85% Gross1 p.a./AER2 - Implementation date: June 23, 2025 Caringsaver - Previous rate: 2.00% Gross1 p.a./AER2 - New rate: 1.85% Gross1 p.a./AER2 - Implementation date: June 23, 2025
- Previous rate: 2.00% Gross1 p.a./AER2 - New rate: 1.85% Gross1 p.a./AER2 - Implementation date: June 23, 2025 Charitable Foundation Account - Previous rate: 2.00% Gross1 p.a./AER2 - New rate: 1.85% Gross1 p.a./AER2 - Implementation date: June 23, 2025
- Previous rate: 2.00% Gross1 p.a./AER2 - New rate: 1.85% Gross1 p.a./AER2 - Implementation date: June 23, 2025 Child Trust Fund Bonus Saver - Previous rate: 4.40% Tax free§ p.a./AER2 - New rate: 4.25% Tax free§ p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: 4.40% Tax free§ p.a./AER2 - New rate: 4.25% Tax free§ p.a./AER2 - Implementation date: June 27, 2025 Dinosaver - Previous rate: 3.80% Gross1 p.a./AER2 - New rate: 3.65% Gross1 p.a./AER2 - Implementation date: June 26, 2025
- Previous rate: 3.80% Gross1 p.a./AER2 - New rate: 3.65% Gross1 p.a./AER2 - Implementation date: June 26, 2025 E-ISA - Previous rate: 2.00% Tax free§ p.a./AER2 - New rate: 1.85% Tax free§ p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: 2.00% Tax free§ p.a./AER2 - New rate: 1.85% Tax free§ p.a./AER2 - Implementation date: June 27, 2025 E-ISA (Issue 7, 8 & 9) - Previous rate: 2.00% Tax free§ p.a./AER2 - New rate: 1.85% Tax free§ p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: 2.00% Tax free§ p.a./AER2 - New rate: 1.85% Tax free§ p.a./AER2 - Implementation date: June 27, 2025 E-Saver - Previous rate: 2.00% Gross1 p.a./AER2 - New rate: 1.85% Gross1 p.a./AER2 - Implementation date: June 26, 2025
- Previous rate: 2.00% Gross1 p.a./AER2 - New rate: 1.85% Gross1 p.a./AER2 - Implementation date: June 26, 2025 E-Saver (Issue 7, 8 & 9) - Previous rate: 2.00% Gross1 p.a./AER2 - New rate: 1.85% Gross1 p.a./AER2 - Implementation date: June 26, 2025
- Previous rate: 2.00% Gross1 p.a./AER2 - New rate: 1.85% Gross1 p.a./AER2 - Implementation date: June 26, 2025 Five Access Saver - Previous rate: 3.70% Gross1 p.a./AER2 - New rate: 3.55% Gross1 p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: 3.70% Gross1 p.a./AER2 - New rate: 3.55% Gross1 p.a./AER2 - Implementation date: June 27, 2025 Five Access Saver (Issue 2, 3 & 4) - Previous rate: 3.70% Gross1 p.a./AER2 - New rate: 3.55% Gross1 p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: 3.70% Gross1 p.a./AER2 - New rate: 3.55% Gross1 p.a./AER2 - Implementation date: June 27, 2025 Home Deposit Saver - Previous rate: £100 - £30,000 - 4.90% Gross1 p.a./AER2; Above £30,000 - 2.00% Gross1 p.a./AER2 - New rate: £100 - £30,000 - 4.80% Gross1 p.a./AER2; Above £30,000 - 1.85% Gross1 p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: £100 - £30,000 - 4.90% Gross1 p.a./AER2; Above £30,000 - 2.00% Gross1 p.a./AER2 - New rate: £100 - £30,000 - 4.80% Gross1 p.a./AER2; Above £30,000 - 1.85% Gross1 p.a./AER2 - Implementation date: June 27, 2025 Home Deposit Saver (Issue 2 & 3) - Previous rate: £100 - £30,000 - 4.90% Gross1 p.a./AER2; Above £30,000 - 2.00% Gross1 p.a./AER2 - New rate: £100 - £30,000 - 4.80% Gross1 p.a./AER2; Above £30,000 - 1.85% Gross1 p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: £100 - £30,000 - 4.90% Gross1 p.a./AER2; Above £30,000 - 2.00% Gross1 p.a./AER2 - New rate: £100 - £30,000 - 4.80% Gross1 p.a./AER2; Above £30,000 - 1.85% Gross1 p.a./AER2 - Implementation date: June 27, 2025 ISA Saver - Previous rate: 2.00% Tax free§ p.a./AER2 - New rate: 1.85% Tax free§ p.a./AER2 - Implementation date: June 26, 2025
- Previous rate: 2.00% Tax free§ p.a./AER2 - New rate: 1.85% Tax free§ p.a./AER2 - Implementation date: June 26, 2025 ISA Saver (Issue 4 & 5) - Previous rate: 2.00% Tax free§ p.a./AER2 - New rate: 1.85% Tax free§ p.a./AER2 - Implementation date: June 26, 2025
- Previous rate: 2.00% Tax free§ p.a./AER2 - New rate: 1.85% Tax free§ p.a./AER2 - Implementation date: June 26, 2025 Limited Issue Online Access Account (Issue 61 & 66) - Previous rate: 4.30% Gross1 p.a./AER2 - New rate: 4.15% Gross1 p.a./AER2 - Implementation date: June 26, 2025
- Previous rate: 4.30% Gross1 p.a./AER2 - New rate: 4.15% Gross1 p.a./AER2 - Implementation date: June 26, 2025 Limited Issue Online Access Account (Issue 65) - Previous rate: 4.42% Tax free§ p.a./AER2 - New rate: 4.17% Tax free§ p.a./AER2 - Implementation date: June 26, 2025
- Previous rate: 4.42% Tax free§ p.a./AER2 - New rate: 4.17% Tax free§ p.a./AER2 - Implementation date: June 26, 2025 Limited Issue Online Access ISA (Issue 66) - Previous rate: 4.20% Tax free§ p.a./AER2 - New rate: 4.10% Tax free§ p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: 4.20% Tax free§ p.a./AER2 - New rate: 4.10% Tax free§ p.a./AER2 - Implementation date: June 27, 2025 Limited Issue Online Access ISA (Issue 67 & 80) - Previous rate: 4.30% Tax free§ p.a./AER2 - New rate: 4.10% Tax free§ p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: 4.30% Tax free§ p.a./AER2 - New rate: 4.10% Tax free§ p.a./AER2 - Implementation date: June 27, 2025 Limited Issue Online Access ISA (Issue 68, 69 & 75) - Previous rate: 4.25% Tax free§ p.a./AER2 - New rate: 4.10% Tax free§ p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: 4.25% Tax free§ p.a./AER2 - New rate: 4.10% Tax free§ p.a./AER2 - Implementation date: June 27, 2025 Limited Issue Online Access ISA (Issue 78) - Previous rate: 4.17% Tax free§ p.a./AER2 - New rate: 4.10% Tax free§ p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: 4.17% Tax free§ p.a./AER2 - New rate: 4.10% Tax free§ p.a./AER2 - Implementation date: June 27, 2025 Online Access Cash ISA (Issue 1) - Previous rate: 4.25% Tax free§ p.a./AER2 - New rate: 4.10% Tax free§ p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: 4.25% Tax free§ p.a./AER2 - New rate: 4.10% Tax free§ p.a./AER2 - Implementation date: June 27, 2025 Online Access Cash ISA (Issue 2 & 3) - Previous rate: 4.41% Tax free§ p.a./AER2 - New rate: 4.16% Tax free§ p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: 4.41% Tax free§ p.a./AER2 - New rate: 4.16% Tax free§ p.a./AER2 - Implementation date: June 27, 2025 Online Access Saver (Issue 1) - Previous rate: 4.31% Gross1 p.a./AER2 - New rate: 4.15% Gross1 p.a./AER2 - Implementation date: June 26, 2025
- Previous rate: 4.31% Gross1 p.a./AER2 - New rate: 4.15% Gross1 p.a./AER2 - Implementation date: June 26, 2025 Online Access Saver (Issue 2) - Previous rate: 4.31% Gross1 p.a./AER2 - New rate: 4.15% Gross1 p.a./AER2 - Implementation date: June 26, 2025
- Previous rate: 4.31% Gross1 p.a./AER2 - New rate: 4.15% Gross1 p.a./AER2 - Implementation date: June 26, 2025 Online Access Saver (Issue 3) - Previous rate: 4.41% Tax free§ p.a./AER2 - New rate: 4.16% Tax free§ p.a./AER2 - Implementation date: June 26, 2025
- Previous rate: 4.41% Tax free§ p.a./AER2 - New rate: 4.16% Tax free§ p.a./AER2 - Implementation date: June 26, 2025 Regular Saver (Issue 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 56, 57, 59, 60, 61, 62 & 63) - Previous rate: £100 - £6,000 - 4.80% Gross1 p.a./AER2; Above £6,000 - 2.00% Gross1 p.a./AER2 - New rate: £100 - £6,000 - 4.70% Gross1 p.a./AER2; Above £6,000 - 1.85% Gross1 p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: £100 - £6,000 - 4.80% Gross1 p.a./AER2; Above £6,000 - 2.00% Gross1 p.a./AER2 - New rate: £100 - £6,000 - 4.70% Gross1 p.a./AER2; Above £6,000 - 1.85% Gross1 p.a./AER2 - Implementation date: June 27, 2025 Regular Saver (Issue 55 & 58) - Previous rate: £100 - £6,000 - 4.95% Gross1 p.a./AER2; Above £6,000 - 2.00% Gross1 p.a./AER2 - New rate: £100 - £6,000 - 4.85% Gross1 p.a./AER2; Above £6,000 - 1.85% Gross1 p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: £100 - £6,000 - 4.95% Gross1 p.a./AER2; Above £6,000 - 2.00% Gross1 p.a./AER2 - New rate: £100 - £6,000 - 4.85% Gross1 p.a./AER2; Above £6,000 - 1.85% Gross1 p.a./AER2 - Implementation date: June 27, 2025 Ronnie The Rhino Youngsaver - Previous rate: 3.80% Gross1 p.a./AER2 - New rate: 3.65% Gross1 p.a./AER2 - Implementation date: June 26, 2025
- Previous rate: 3.80% Gross1 p.a./AER2 - New rate: 3.65% Gross1 p.a./AER2 - Implementation date: June 26, 2025 Shared Ownership Saver - Previous rate: £100 - £20,000 - 6.00% Gross1 p.a./AER2; Above £20,000 - 2.00% Gross1 p.a./AER2 - New rate: £100 - £20,000 - 5.90% Gross1 p.a./AER2; Above £20,000 - 1.85% Gross1 p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: £100 - £20,000 - 6.00% Gross1 p.a./AER2; Above £20,000 - 2.00% Gross1 p.a./AER2 - New rate: £100 - £20,000 - 5.90% Gross1 p.a./AER2; Above £20,000 - 1.85% Gross1 p.a./AER2 - Implementation date: June 27, 2025 Shared Ownership Saver (Issue 2 & 3) - Previous rate: £100 - £20,000 - 6.00% Gross1 p.a./AER2; Above £20,000 - 2.00% Gross1 p.a./AER2 - New rate: £100 - £20,000 - 5.90% Gross1 p.a./AER2; Above £20,000 - 1.85% Gross1 p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: £100 - £20,000 - 6.00% Gross1 p.a./AER2; Above £20,000 - 2.00% Gross1 p.a./AER2 - New rate: £100 - £20,000 - 5.90% Gross1 p.a./AER2; Above £20,000 - 1.85% Gross1 p.a./AER2 - Implementation date: June 27, 2025 Six Access ISA - Previous rate: 3.65% Tax free§ p.a./AER2 - New rate: 3.50% Tax free§ p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: 3.65% Tax free§ p.a./AER2 - New rate: 3.50% Tax free§ p.a./AER2 - Implementation date: June 27, 2025 Six Access ISA (Issue 2, 3 & 4) - Previous rate: 3.65% Tax free§ p.a./AER2 - New rate: 3.50% Tax free§ p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: 3.65% Tax free§ p.a./AER2 - New rate: 3.50% Tax free§ p.a./AER2 - Implementation date: June 27, 2025 Six Access Saver - Previous rate: 3.00% Gross1 p.a./AER2 - New rate: 2.85% Gross1 p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: 3.00% Gross1 p.a./AER2 - New rate: 2.85% Gross1 p.a./AER2 - Implementation date: June 27, 2025 Solihull Saver - Previous rate: £100 - £250,000 - 4.35% Gross1 p.a./AER2; Above £250,000 - 2.00% Gross1 p.a./AER2 - New rate: £100 - £250,000 - 4.20% Gross1 p.a./AER2; Above £250,000 - 1.85% Gross1 p.a./AER2 - Implementation date: June 27, 2025
- Previous rate: £100 - £250,000 - 4.35% Gross1 p.a./AER2; Above £250,000 - 2.00% Gross1 p.a./AER2 - New rate: £100 - £250,000 - 4.20% Gross1 p.a./AER2; Above £250,000 - 1.85% Gross1 p.a./AER2 - Implementation date: June 27, 2025 Treasurers Saver Account - Previous rate: 2.00% Gross1 p.a./AER2 - New rate: 1.85% Gross1 p.a./AER2 - Implementation date: August 13, 2025
- Previous rate: 2.00% Gross1 p.a./AER2 - New rate: 1.85% Gross1 p.a./AER2 - Implementation date: August 13, 2025 Vault - Previous rate: 3.80% Gross1 p.a./AER2 - New rate: 3.65% Gross1 p.a./AER2 - Implementation date: June 26, 2025
- Previous rate: 3.80% Gross1 p.a./AER2 - New rate: 3.65% Gross1 p.a./AER2 - Implementation date: June 26, 2025 Vault (Issue 3, 4 & 5) - Previous rate: 3.80% Gross1 p.a./AER2 - New rate: 3.65% Gross1 p.a./AER2 - Implementation date: June 26, 2025
- Previous rate: 3.80% Gross1 p.a./AER2 - New rate: 3.65% Gross1 p.a./AER2 - Implementation date: June 26, 2025 Young Saver - Previous rate: 3.80% Gross1 p.a./AER2 - New rate: 3.65% Gross1 p.a./AER2 - Implementation date: June 26, 2025
- Previous rate: 3.80% Gross1 p.a./AER2 - New rate: 3.65% Gross1 p.a./AER2 - Implementation date: June 26, 2025 Young Saver (Issue 2, 3 & 4) - Previous rate: 3.80% Gross1 p.a./AER2 - New rate: 3.65% Gross1 p.a./AER2 - Implementation date: June 26, 2025
If you are not happy with the change, it is always worth looking at other providers to see if you can get a better deal.
Websites such as MoneyFacts share the best offers on the market for savings and other types of bank accounts.
OTHER BANKING CHANGES
Leeds Building Society is not the only bank which has lowered the interest on its deals.
Online bank Monzo said it would lower the intertest on its Personal Instant Access Savings Pots from from 3.50% AER to 3.25% AER.
The bank said it would make the changes automatically on May 27 2025.
Elsewhere, Barclays, Nationwide and Lloyds have all confirmed their customers on standard variable rate (SVR) and tracker mortgages will benefit due to the rate cut.
Barclays confirmed all its mortgage products that track the base rate will decrease by 0.25%.
Existing customers will see their rates change from June 1.
Barclays' standard variable rate mortgage is 3.49% above the base rate.
It currently stands at 7.99%, but following today's announcement it will drop to 7.74% on June 1.
Nationwide customers will also see interest rate reductions of 0.25%.
Those on standard variable rate mortgages will start getting their new rate on June 1.
It will drop from 7.24% to 6.99%.Tracker mortgages will also reduce on June 1.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Scottish Sun
2 hours ago
- Scottish Sun
Boots shoppers devastated as popular snack is axed from shops
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) BOOTS has axed a popular snack, leaving customers devastated. The chemist has confirmed that it no longer sells Eat Real lentil chips. Sign up for Scottish Sun newsletter Sign up 2 Boots has axed a popular snack leaving shoppers devastated Credit: Getty 2 Boots has confirmed that it no longer sells Eat Real lentil chips Credit: Sainsbury's The tasty crisps come in several flavours, including Tomato and Basil, Salted, Sour Cream and Chive and Chilli and Lemon. The plant-based snack is made with nutritious pulses, grains and greens. A 95g bag usually costs around £2. Shoppers have taken to social media to ask where the popular snack had gone. One visited social media website X, formerly Twitter, to ask: '@BootsUK please tell me you've not stopped selling the chilli and lemon lentil crisps.' To which the Boots Help account replied: 'Hi Jo, thanks for getting in touch. Unfortunately it appears that this product has been discontinued in our stores. I apologise for the disappointment this may cause.' Retailers often discontinue products to make way for newer items on shelves based on sales and customer demand. When The Sun reached out to Boots it confirmed that the crisps will no longer be available on its shelves. But it said that shoppers can still get their hands on other lentil-based crisps individually and as part of the Boots Meal Deal. Among the other options are Properchips, which come in BBQ and Salt & Vinegar flavours. Four ways to save on your weekly shop at Boots The snacks are a similar price, at around £2 for 100g. Other discontinued products The lentil crisps are not the only product that has been pulled from supermarket shelves recently. Tesco recently axed its southern friend chicken instant flavour noodles in a blow to shoppers. The snacks cost around 50p and were available in store and online. Why are products axed or recipes changed? ANALYSIS by chief consumer reporter James Flanders. Food and drinks makers have been known to tweak their recipes or axe items altogether. They often say that this is down to the changing tastes of customers. There are several reasons why this could be done. For example, government regulation, like the "sugar tax," forces firms to change their recipes. Some manufacturers might choose to tweak ingredients to cut costs. They may opt for a cheaper alternative, especially when costs are rising to keep prices stable. For example, Tango Cherry disappeared from shelves in 2018. It has recently returned after six years away but as a sugar-free version. Fanta removed sweetener from its sugar-free alternative earlier this year. Suntory tweaked the flavour of its flagship Lucozade Original and Orange energy drinks. While the amount of sugar in every bottle remains unchanged, the supplier swapped out the sweetener aspartame for sucralose. The supermarket also axed its eight packs of beef sausages this week in a blow to BBQ fans. Customers can still buy six packs of Tesco Finest Aberdeen Angus Beef Sausages for £3 and four packs of Tesco Finest Pork and Beef smoked sausages for £4. Meanwhile, last month The Sun exclusively revealed that Cadbury's has axed Fry's Coffee Cream after first launching it in 2023. Cadbury didn't say when the Fry's Coffee Cream multi-packs were discontinued - just that they were available while stocks lasted. Carlsberg Britvic has also axed Tango Dark Berry Sugar Free after customers reported that they struggled to find it on shelves. A spokesperson for the drinks maker said it stopped producing the fizzy drink earlier this year. Do you have a money problem that needs sorting? Get in touch by emailing money-sm@ Plus, you can join our Sun Money Chats and Tips Facebook group to share your tips and stories
Scottish Sun
2 hours ago
- Scottish Sun
Aldi is selling a £7.49 essential gadget that will help zap bugs in your garden this summer
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) ALDI is selling an essential gadget that will help you zap pesky flies and bugs in your garden this summer. The £7.49 Adventuridge Bug Zapper can kill insects in an instant, making it perfect when enjoying a drink in the garden or a BBQ. Sign up for Scottish Sun newsletter Sign up 1 Shoppers have raced to Aldi to get their hands on the bug zapper Credit: Aldi Its UV light lures in bugs before killing them instantly. The lantern comes in two colours - blue or black - so it will match any garden furniture you already have. Plus its built-in carabiner means you can attach it to a garden shed or gazebo. It has four light settings, which can help to create the perfect ambiance while also helping to get rid of pesky insects. The device comes with USBC rechargeable batteries and includes a charging cable. Shoppers have taken to social media to rave about the gadget. One person wrote: 'It worked for us when camping and outside in the back yard. 'I got two more this yr because I was so impressed with it last yr.' Another said: 'I bought mine last year and they worked great!' A third person added: 'I love this little gadget. Not only is it a bug zapper, but it is a 4 mode flashlight. Cheap hacks to stay cool this summer 'It is rechargeable and makes a great emergency item for your household.' But you will need to be quick, as the lantern is only available while stocks last. This means that when it's gone it's gone. Shoppers who want to get their garden ready for summer can also get their hands on a black folding recliner chair for just £24.99. How to bag a bargain SUN Savers Editor Lana Clements explains how to find a cut-price item and bag a bargain… Sign up to loyalty schemes of the brands that you regularly shop with. Big names regularly offer discounts or special lower prices for members, among other perks. Sales are when you can pick up a real steal. Retailers usually have periodic promotions that tie into payday at the end of the month or Bank Holiday weekends, so keep a lookout and shop when these deals are on. Sign up to mailing lists and you'll also be first to know of special offers. It can be worth following retailers on social media too. When buying online, always do a search for money off codes or vouchers that you can use and are just two sites that round up promotions by retailer. Scanner apps are useful to have on your phone. app has a scanner that you can use to compare prices on branded items when out shopping. Bargain hunters can also use B&M's scanner in the app to find discounts in-store before staff have marked them out. And always check if you can get cashback before paying which in effect means you'll get some of your money back or a discount on the item. There are also several sets of string lights on offer for less than £10. A set of red, blue and purple Solar Hot Air Balloon String Lights would set you back just £8.99. Meanwhile, a set of ten Party Lights cost just £4.99, making them perfect for a cocktail party or garden drinks. The devices are battery powered and can be used indoors or outdoors. They come in a variety of shapes and sizes, including umbrellas, cocktail glasses, lemon and disco balls. Or a set of Solar Bubble Strings can help you create ambiance in your garden for just £4.99. The string is 4.9 metres long and includes 50 warm white or pastel LEDs. The lights have static or twinkle functions and come with a special dusk sensor. You can turn them on manually or use them on a six hour timer. What other deals are on offer in the supermarkets? Aldi has also brought back a 'brilliant' garden middle-aisle bargain for just £10. The Belavi Easter Island Head Planter will launch in stores on June 8. The planter measures 21x23x31cm, makes for the perfect addition to anyone's patio. Meanwhile, Lidl is selling a selection of 14 pre-mixed cocktail cans with prices starting from just 89p. They include a Bitterol Spritz, a take on the popular Aperol Spritz, Strawberry Daiquiri, Mojito and Pina Colada. Plus, George at Asda is selling a stylish Stand Mixer that is perfect for cooking for the family. The mixer costs just £13.75 - £236.24 less than the KitchenAid version. Do you have a money problem that needs sorting? Get in touch by emailing money-sm@ Plus, you can join our Sun Money Chats and Tips Facebook group to share your tips and stories
Scottish Sun
2 hours ago
- Scottish Sun
I'm a mum-of-2 and was a broke teaching assistant on £840 a month – now I've made £46k doing a side hustle anyone can do
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A SAVVY mother has shared how she went from being a broke teaching assistant to earning almost £50,000 in less than a year. Shannon Wadey, a mum-of-two from the UK, explained that with her side hustle, she doesn't need to leave the house. Sign up for Scottish Sun newsletter Sign up 2 A mother has opened up on how she was able to turn her life around - from a broke teaching assistant to earning over £46,000 in just a few months Credit: Shannon Wadey 2 Now, Shannon Wadey is a stay-at-home mum and doesn't have to leave her home to rake in the cash Credit: Shannon Wadey Now, Shannon can earn four figures a week doing a side hustle that almost anyone can do. So if your 9 to 5 paycheck isn't cutting the mustard and you're constantly running out of cash, then you've come to the right place and will need to listen up. Eager to inform others about how she transformed her life, Shannon explained: 'Here's how I went from being a broke teaching assistant to making over £46,000 from my phone. 'I used to be an SEN teaching assistant in a secondary school and my pay was £840 a month. 'Now as a mum, that didn't stretch very far and it also didn't justify missing out on my daughter five days a week to be at work. 'So, I jumped online and I started searching for ways that I could make money - side hustles, extra income, anything. I was willing to try anything. 'And I did. I tried quite a few of them and nothing worked.' Shannon explained that she tried filling out surveys, selling stuff on Vinted, but with no success. However, she then found a side hustle - creating and selling digital products - that worked for her, as she acknowledged: 'That said side hustle has now made me over £46,000 from my phone in less than a year. 'I'm now a stay-at-home mum full time and I do this side hustle completely from my phone around my two children. Psychic's path to manifesting money and getting rich | Talking Money 'I'm my own boss. I don't answer to anyone, I don't have to ask for time off and I make four figures a week from my phone. 'This is a side hustle pretty much anyone can do. If you have a phone, you have a bit of free time each day, you have some determination and you wanna make a bit of extra income each month, then it's for you. Do I need to pay tax on my side hustle income? MANY people feeling strapped for cash are boosting their bank balance with a side hustle. The good news is, there are plenty of simple ways to earn some additional income - but you need to know the rules. When you're employed the company you work for takes the tax from your earnings and pays HMRC so you don't have to. But anyone earning extra cash, for example from selling things online or dog walking, may have to do it themselves. Stephen Moor, head of employment at law firm Ashfords, said: "Caution should be taken if you're earning an additional income, as this is likely to be taxable. "The side hustle could be treated as taxable trading income, which can include providing services or selling products." You can make a gross income of up to £1,000 a year tax-free via the trading allowance, but over this and you'll usually need to pay tax. Stephen added: "You need to register for a self-assessment at HMRC to ensure you are paying the correct amount of tax. "The applicable tax bands and the amount of tax you need to pay will depend on your income." If you fail to file a tax return you could end up with a surprise bill from HMRC later on asking you to pay the tax you owe - plus extra fees on top. 'I sell digital products online and I use my social media platforms to promote them. 'You can literally open up Canva and create your own digital product, stick it on a Stan Store, promote it online and make an extra income a month.' A digital product is any product that is created, distributed, and consumed in an electronic format. Digital products refer to digital files that buyers can purchase and download instantly, such as printable art, digital planners, e-books, stock photos, and more. I've made almost £50,000 in less than a year from my phone Shannon Wadey Selling digital products involves offering goods that exist in a digital format, which are typically delivered to customers via download or email. Unlike physical products, digital products don't require physical inventory and can be sold repeatedly without needing to replenish stock. Selling digital products offers several advantages, including low overhead costs as a result of no inventory or shipping fees, high profit margins, and the potential for passive income since they can be created once and sold numerous times. Types of digital products Online courses Ebooks Licensed digital content Premium content libraries Digital templates and tools Product photography Music, art, and entertainment Digital services Printable digital products Digital memberships Opening up in further detail about her side hustle success, Shannon told Fabulous: 'I started this almost a year ago with absolutely no experience and no clue what I was doing after speaking to another lady on social media who was doing this and earning thousands. 'I'm a mum of two girls and I didn't want to put my daughter in nursery and miss out on valuable time with her to go to work. So I decided to give it a go with a goal of making £500 a month. 'I never in a million years expected to have achieved what I have now. I'm no longer consumed by the overwhelming stress of my financial situation Shannon Wadey 'I've made almost £50,000 in less than a year from my phone, I became a Stan Store Ambassador, I've grown my social media page to over 12,000 followers from scratch and had multiple viral videos.' Not only has Shannon been able to cash in, but she's even teaching others how to do the same too on her TikTok account, where she posts under the username @shannonsdigital. She continued: 'I've mentored over 100 people who have started their online journeys with me and helped them get set up and earning online! 'Most importantly, I get to enjoy watching my children grow up everyday. 'I'm no longer consumed by the overwhelming stress of my financial situation, I'm able to treat my children without feeling guilty, I'm able to do a food shop without panicking and I get to do it all on my own terms, from my phone in the comfort of my own home or out and about wherever I go! 'This all came from one decision to give something new a try because I knew I didn't want to carry on living the life I was!' Unlock even more award-winning articles as The Sun launches brand new membership programme - Sun Club
