A first look inside the new-look Haribo store in Clarks Village
The Somerset sweet shop, known for selling confectionery that both "kids and grown-ups love", gets its new look alongside weeks of offers for customers.
READ MORE: Three stores at Clarks Village in Street reveal new looks
READ MORE: Haribo shop opening at Clarks Village, Street, Somerset
Officially reopening on Friday, July 11, Haribo is offering the following offers to customers until Friday, July 31:
Save 20% when you spend £20
Small Candles 3 for £10
There is also a Lucky Dip prize giveaway featuring tickets to various Merlin attractions across the UK, such as Alton Towers and Sealife.
The newly improved store now features digital screens to showcase the latest news and joy from HARIBO.
Haribo in Clarks Village, Somerset, has reopened with a new look. (Image: HUW JOHN, CARDIFF)
A look inside the new-look Haribo shop. (Image: HUW JOHN, CARDIFF)
Alongside this, shoppers can enjoy more exclusive international treats, gifts, merchandise and our famous 'Pick Your Mix' station. On the last weekend of the month, HARIBO's Goldbear will also be visiting the store to see for himself how customers are enjoying the new and improved experience.
The Clarks Village refurbishment comes on the heels of a wave of exciting announcements from the HARIBO retail team, who opened their 11th store in Bluewater in February and also announced they will be opening HARIBO's first store in Scotland later this year.
By investing in existing locations, such as Clarks Village, HARIBO is continuing to provide jobs in the local community and bring moments of joy to Somerset's shoppers.
Reflecting on the successful reopening, Rebecca Fox, Head of Retail at HARIBO UK, said: "We were thrilled to see customers' delight and enjoyment as we welcomed them back into our newly transformed store.
"Inspired by HARIBO's more recent stores, we want to keep pushing ourselves to make more moments of childlike happiness for our fans in Somerset and increase our investment into our retail stores."
Chris Davis, Centre Director of Clarks Village, added: 'HARIBO is a firm favourite with our guests, and we're pleased to see its fantastic revamp as it continues to bring a sprinkle of sweetness to Clarks Village.
"Guests to the outlet are in for a treat this summer thanks to a succession of store transformations such as HARIBO, new brands on the horizon, a stunning outdoor location with landscaped gardens, plus our brand-new Art & Putt mini golf course launching this summer.'
The Haribo Goldbear will be present at the Somerset Haribo site from Friday, July 25 to Sunday, July 27.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
6 minutes ago
- Yahoo
Voices: There won't be a wealth tax – but Rachel Reeves can't afford to rule it out just yet
Normally, when politicians decline to rule something out, a sceptical media and public believe they are about to do it. But there should be one exception to this rule. Keir Starmer, Rachel Reeves and other ministers are refusing to rule out introducing a wealth tax in this autumn's Budget, when the chancellor is likely to raise taxes by at least £20bn to stick within her fiscal rules. I'm told Starmer and Reeves will not bring in a new wealth tax, such as the 2 per cent levy on assets of more than £10m advocated by a growing number of Labour MPs and Neil Kinnock, the party's former leader, to raise £10bn. A wealth tax is an easy slogan and fits on to a banner. It would do nicely for the Starmer allies hoping to nudge him in a more progressive direction as he seeks a long overdue 'story' for his government. But Reeves and Starmer are not convinced. The chancellor thinks wealth taxes don't work. Twelve developed nations had them in 1990s but only three remain; only one, in Switzerland, brings in lots of money. Reeves burnt her own fingers by targeting non-doms – a process begun by Jeremy Hunt, the outgoing Tory chancellor. I'm told Reeves privately dismissed fears the rich would respond by leaving the UK, saying: "They always say that, but it never happens." It is happening, and she is now considering changing her plan to make worldwide assets, including those in foreign trusts, liable to inheritance tax. One government insider told me: 'People can choose where to pay their taxes. It's very easy to move countries and they are doing it.' A new wealth tax would be complex, take years to introduce and probably not be worth the candle. Dan Neidle, founder of Tax Policy Associates, said its study found such a tax would 'lower long-run growth and employment, thanks to a decline in foreign and domestic investment. It would make UK businesses more fragile and less competitive, and create strong incentives for capital reallocation and migration.' Why not just say no to a wealth tax now? Reeves offered one explanation to her Tory predecessor Norman Lamont at a Lords committee hearing this week. He told her he found it 'a bit strange' the government has not ruled out the move. Reeves replied that if she ruled out one tax rise, the media would move on to the next option, and assume that one was going to happen if she failed to rule it out. A fair point – but not her only reason. Reeves and Starmer need to build bridges with the parliamentary Labour Party after it filleted their welfare legislation, so rejecting a wealth tax now would inflame tensions. I suspect that when the Budget comes, Reeves and her allies will whisper to Labour MPs they are introducing a form of wealth tax through other measures, while avoiding headlines about implementing a specific one. Another reason not to rule out a wealth tax is to help message discipline. Labour certainly needs more of that: ministers unwittingly fuelled speculation about tax rises in media interviews by giving different definitions of "working people'. Far easier to say taxes are a matter for the Budget and we don't comment in advance. Some senior Labour figures think Reeves's reticence is because she is considering proposals that are close to being a wealth tax – for example, increasing property-based taxes. I think she should bring in higher council tax bands for the most expensive properties. It's ludicrous that this tax is based on 1991 property values, and that in England, people in homes valued at more than £320,000 pay the same amount in their local authority. Reform could be sold as a genuine levelling up measure the Tories flunked as it would cut bills in the north and Midlands while raising them in the south. Alternatively, Reeves could increase capital gains tax for the second Budget running, perhaps by bringing it into line with income tax rates, which are higher. Some in government favour a rise in income tax with the money earmarked for defence, as I have suggested. Another option is to raise the top rate of income tax from 45 per cent to 50 per cent. But both ideas would leave Labour open to the charge of breaching its manifesto pledge not to increase income tax, national insurance or VAT. Reeves could argue that circumstances had changed in a more dangerous world. But breaking its promise might be a step too far for an already deeply unpopular PM and party. I don't think there will be a wealth tax. However, the rich shouldn't celebrate. The Budget will increase existing taxes on the wealthy, in line with the government's mantra of protecting "working people", while ensuring 'those with the broadest shoulders carry the greatest burden'. Health warning: creating losers is not pain-free for them or the government, as Reeves discovered when she brought in the 'family farms tax'. But reforming some taxes under a better banner – 'fair tax' – is her best shot.
Yahoo
31 minutes ago
- Yahoo
3 UK Stocks Estimated To Be Up To 47.5% Below Intrinsic Value
The UK stock market has recently faced challenges, with the FTSE 100 and FTSE 250 indices experiencing declines amid concerns over China's economic recovery and its impact on global trade. As London markets respond to these global cues, investors might find opportunities in stocks that are currently trading below their intrinsic value, offering potential for long-term growth despite short-term volatility. Top 10 Undervalued Stocks Based On Cash Flows In The United Kingdom Name Current Price Fair Value (Est) Discount (Est) Vistry Group (LSE:VTY) £6.236 £11.87 47.5% Topps Tiles (LSE:TPT) £0.3845 £0.71 45.5% TBC Bank Group (LSE:TBCG) £48.35 £95.75 49.5% Moonpig Group (LSE:MOON) £2.145 £4.04 46.9% Marlowe (AIM:MRL) £4.42 £8.37 47.2% LSL Property Services (LSE:LSL) £2.98 £5.87 49.2% Gooch & Housego (AIM:GHH) £6.04 £11.14 45.8% Franchise Brands (AIM:FRAN) £1.41 £2.69 47.5% Begbies Traynor Group (AIM:BEG) £1.22 £2.26 45.9% AstraZeneca (LSE:AZN) £108.02 £194.02 44.3% Click here to see the full list of 53 stocks from our Undervalued UK Stocks Based On Cash Flows screener. Here we highlight a subset of our preferred stocks from the screener. Franchise Brands Overview: Franchise Brands plc operates in franchising and related activities across the United Kingdom, Ireland, North America, and Continental Europe, with a market cap of £271.48 million. Operations: The company's revenue is primarily derived from its segments: Azura (£0.81 million), Pirtek (£63.91 million), B2C Division (£5.75 million), Filta International (£25.60 million), and Water & Waste Services (£46.05 million). Estimated Discount To Fair Value: 47.5% Franchise Brands is trading at £1.41, significantly below its estimated fair value of £2.69, suggesting it is undervalued based on cash flows. Earnings are expected to grow 29.39% annually, outpacing the UK market's 14.7%. Although revenue growth at 7.4% per year is slower than desired, it still exceeds the UK market average of 3.6%. Recent earnings growth was substantial at 143.9%, highlighting strong financial performance potential. According our earnings growth report, there's an indication that Franchise Brands might be ready to expand. Unlock comprehensive insights into our analysis of Franchise Brands stock in this financial health report. Victorian Plumbing Group Overview: Victorian Plumbing Group plc is an online retailer specializing in bathroom products and accessories for both B2C and trade customers in the United Kingdom, with a market cap of £237.09 million. Operations: Victorian Plumbing Group generates revenue through its online retail sales of bathroom products and accessories to both consumer and trade markets in the UK. Estimated Discount To Fair Value: 39.5% Victorian Plumbing Group is trading at £0.72, considerably below its estimated fair value of £1.2, highlighting its potential undervaluation based on cash flows. Despite a volatile share price and insider selling, earnings are forecast to grow significantly at 29.7% annually, surpassing the UK market's growth rate. However, profit margins have declined from last year and dividends remain inadequately covered by free cash flows despite a recent increase in payout to shareholders. Insights from our recent growth report point to a promising forecast for Victorian Plumbing Group's business outlook. Take a closer look at Victorian Plumbing Group's balance sheet health here in our report. Wickes Group Overview: Wickes Group plc is a UK-based retailer specializing in home improvement products and services, with a market cap of £532.73 million. Operations: The company generates revenue of £1.54 billion from its retail operations in home improvement products and services within the UK. Estimated Discount To Fair Value: 28.0% Wickes Group, trading at £2.25, is undervalued compared to its fair value estimate of £3.12, reflecting a discount greater than 20% based on discounted cash flow analysis. The company forecasts robust earnings growth of 26.8% annually, outpacing the UK market's average. Despite this potential, dividends are not well-covered by earnings and recent results show declining profit margins from last year. Recent index additions signal increased visibility among investors. In light of our recent growth report, it seems possible that Wickes Group's financial performance will exceed current levels. Click to explore a detailed breakdown of our findings in Wickes Group's balance sheet health report. Make It Happen Unlock more gems! Our Undervalued UK Stocks Based On Cash Flows screener has unearthed 50 more companies for you to here to unveil our expertly curated list of 53 Undervalued UK Stocks Based On Cash Flows. Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up. Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide. Ready To Venture Into Other Investment Styles? Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AIM:FRAN AIM:VIC and LSE:WIX. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
an hour ago
- Yahoo
What to expect in the Budget 2025
Anaemic growth and higher-than-expected government borrowing will be weighing on Rachel Reeves as MPs head off on their six-week summer recess. The Chancellor will not be able to avoid questions about how she's going to address the economic hole the country faces. Shadow chancellor, Mel Stride, accused Ms Reeves of 'burying' an extra £10bn of spending in her Spending Review. It came as government borrowing in June hit £20.7bn – several billion pounds higher than in May – to bridge the gap between tax receipts and spending. Inevitably, speculation is already ramping up about what the next Budget will bring. Ms Reeves has refused to be drawn on whether she might be forced to break Labour's manifesto pledge not to raise taxes on 'working people'. But as the Chancellor demonstrated last year, she's not adverse to other tax raids. The date of the next Budget is not yet confirmed, but the announcement of the Government's fiscal policy usually takes place in late October or early November. Here, Telegraph Money looks at some of what might be included, as Ms Reeves scrambles to balance the books. National Insurance on landlordsChances: 3/10 Labour has shown that it doesn't mind taking on landlords with the Renters' Rights Bill, and politicians of all stripes have seemingly had it in for property investors for years now. Landlords could be in the firing line as the Treasury looks to tax their 'passive' income as if it had been earned from a job. There are several ways in which the Treasury could target landlords. Profit from lettings could be made subject to National Insurance, for instance, or a separate tax rate could be created for rental income, which aligns with income tax bands. Taxing landlord income in the same way as employment has been called for by left-leaning think tanks before. Adam Corlett, of the Resolution Foundation, said: 'With tax rises clearly coming this autumn, the Chancellor should use this as an opportunity to make the tax system fairer and more efficient. 'One way to achieve this is to ensure different forms of income are taxed at the same rate, for example by levying National Insurance on income for rental properties. After all, there's no good reason why landlords should face lower tax rates than their tenants.' But campaign group, Generation Rent, warned that as more landlords move the ownership of their rental properties to limited companies structures, the tax raid could become less effective. More than 680,000 rental homes were owned by companies in March, research conducted by estate agency Hamptons found. Dan Wilson Craw, from the campaign group, said: 'The Treasury should bear in mind that increasing numbers of rental homes are owned by limited companies and in many cases would continue to pay a lower tax rate than an employee.' Another attack on pensions?Chances: 3/10 Labour has kicked a lot of decisions on pensions into the long grass. The debacle on winter fuel payments will also make the Government wary of being seen to target older people again. On Monday, Labour announced that a so-called 'Pension Commission' would be launched to investigate chronic under-saving for retirement. It came days after the Office for Budget Responsibility warned that the cost of the 'triple lock' on state pension payments would be three times what was originally predicted. So it seems unlikely that the Government will make any sweeping changes to pensions, as ministers have said that changes to how much employees save automatically won't happen before the next election. Maintaining the triple lock was also a manifesto pledge Labour breaks at its own peril. But that doesn't mean other reforms are impossible. Ahead of last year's Budget, rampant speculation about the future of the 25pc tax-free lump sum was rife, leading some savers to take out their cash in panic. It is believed Treasury civil servants have long wanted to reduce tax relief offered to higher- and additional-rate taxpayers on their pensions. Pension experts too have argued a 'flat rate' would be fairer, and could save vast sums of money. Sir Steve Webb, former pensions minister and partner at LCP, said: 'Major changes would be likely to affect millions of public sector workers, many of whom form the Government's core support base. 'But more technical areas such as the use of salary sacrifice for pension contributions could well come under the spotlight in the Chancellor's hunt for cash.' Cuts to cash IsasChances: 5/10 Change has been trailed for some time – expect the Budget to at least warn savers that reform is coming. Savers were braced for the Chancellor to cut the annual cash Isa allowance at a speech in the City earlier this month. But following a significant backlash from building societies and savers, Ms Reeves delayed any announcement. Rumours have been swirling since change was first mooted in January that the £20,000 limit for cash savings could be cut to as little as £4,000. Ms Reeves is keen to push the more than £300bn held in cash Isas into the stock market, preferably into London-listed businesses. But stopping the flood of money into cash Isas could make mortgages more expensive, building societies warned, because they use deposits to fulfil capital requirements and secure lending. Cynics would say the Government's real intention is to force people to hold their money in traditional savings accounts which are, of course, taxable. Tom Selby, of stockbroker AJ Bell, said: 'The Government has been clear it wants to encourage a retail investment culture in the UK and get more people investing for the long-term rather than stashing their hard-earned savings in cash, but there has been little detail beyond this. 'The Budget could provide the Chancellor with a platform to put some meat on the bones of this agenda.' Income tax thresholds freezeChances: 6/10 It's a big fundraiser – and a stealth tax. Seven million taxpayers have been dragged into paying higher rates of income tax as a result of frozen income tax thresholds. This policy of using 'fiscal drag' to boost tax receipts was introduced under the Conservatives. The thresholds, including the £12,570 tax-free personal allowance, were first frozen by the Tories in 2021. As things stand, the freeze is set to last until 2028 – and Ms Reeves committed to it ending then at last year's Budget. As wages increase to keep up with inflation, more workers are pulled into higher rates, meaning a bigger tax take. The freeze forced an extra 520,000 taxpayers into the 40p bracket in the last year, according to estimates by HM Revenue & Customs (HMRC). The OBR thinks that the freeze will raise an extra £48bn in 2029-2030, as the number of taxpayers passes 40 million. Sir Keir Starmer has refused to rule out a further freeze beyond the 2028 expiry date. It would be a relatively simple and, crucially, little-understood way to raise serious amounts of cash. But the Government could choose not to extend the freeze at this Budget, and instead do it at the next – well before it is due to run out. Fuel dutyChances: 4/10 Labour has a strong net zero agenda under Ed Miliband, but the Government may be too weak to load more costs on to drivers, many of whom are the very definition of working people. At last year's Budget, Ms Reeves extended a long-standing freeze on fuel duty. There is also a 5p per litre cut, which was introduced in March 2022, and will end, as things stand, next March. The estimated cost of the freeze for the current tax year is more than £3bn. Edmund King, of motoring company AA, told The Sun that any increase in cost at the pumps 'could be catastrophic' for the economy. The OBR said last October that unwinding the freeze in 2026 would increase inflation, as the price of fuel would increase. Wealth taxChances: 2/10 While Labour backbenchers are keen on introducing a wealth tax, the Cabinet appears to have come to its senses. Wealth taxes are difficult to administer and have backfired in most of the places they've been tried. Earlier this week, 26 MPs signed a Parliamentary motion calling for an annual wealth tax of 2pc on individual assets of more than £10m. They claimed that this could raise £24bn a year. Supporters included arch-Corbynites, alongside other Labour, Independent and several Plaid Cymru MPs. Some of Labour's biggest names, including Lord Kinnock, have advocated for a wealth tax. Ahead of this year's Spring Statement, Patriotic Millionaires, a campaign group which asks for higher taxes for the super-rich, said that 80pc of UK-based millionaires would support a wealth tax. But The Times reported earlier this week that Mrs Reeves was resisting calls for the implementation of such a levy, with Cabinet ministers calling it a 'non-starter'. Eight countries have previously implemented wealth taxes, including Austria, Denmark, Germany, Finland, Iceland, Luxembourg, Sweden and France, only to scrap them. Just four countries, Norway, Spain, Switzerland and Colombia still have a wealth tax. The exodus of non-doms since Labour took power will be in the forefront of Reeves' mind. A Treasury spokesman said: 'The best way to strengthen public finances is by growing the economy – which is our focus. Changes to tax and spend policy are not the only ways of doing this, as seen with our planning reforms, which are expected to grow the economy by £6.8bn and cut borrowing by £3.4bn. 'We are committed to keeping taxes for working people as low as possible, which is why at last Autumn's Budget, we protected working people's payslips and kept our promise not to raise the basic, higher or additional rates of income tax, employee National Insurance, or VAT.' Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
