Latest news with #SimonDukes
South Wales Argus
21-07-2025
- Business
- South Wales Argus
Iceland Food Club Card offers £75 interest free food loan
In total, £553 million extra will be spent per week across British households through the summer holidays, as families need more food at home, as well as extra extra snacks and drinks to keep the kids going. This comes as UK inflation rose to a near 18-month high this month, with food prices shooting up across the country for the third month running. The Office for National Statistics (ONS) said Consumer Prices Index inflation rose to 3.6% in June, up from 3.4% in May and the highest since January 2024. The rise in food prices has been described as a 'hammer blow' for shoppers. HOLD UP! Greggs Sausage Bean & Cheese Melts are now HALF PRICE! 😍 NOW £1.75, was £3.50! Offer ends 21.07.25. — Iceland Foods ❄️ (@IcelandFoods) July 7, 2025 More than a quarter of parents (26%) say they've used Buy Now, Pay Later (BNPL) services just to get by with their grocery shopping in summer. One in ten parents (10%) have also relied on loans to manage their food bill, with 21% selling personal items to cover the cost. Iceland is once again offering a more flexible and interest-free alternative through the Iceland Food Club. Delivered in partnership with not-for-profit lender Fair for You, the Food Club provides an initial interest-free loan of up to £75 to eligible applicants, loaded onto a pre-paid card for use in-store or online at Iceland or The Food Warehouse. The loan is repaid at £10 per week, helping families spread the cost of essentials without falling into a cycle of debt. Returning customers can load up to £100 onto their Food Club card during school holiday top-up windows, once they have paid back their previous loan. The details of how to apply are here. Richard Walker, Executive Chairman of Iceland Foods, says: 'The summer holidays should be a time for families to relax and make memories, not worry about how they're going to afford their next food shop. But the reality for millions is very different. When we hear that nearly a quarter of parents are skipping meals so their children can eat, we know we have to step in. Recommended reading: 'Our Food Club will be available this summer, offering real, practical support that helps people stock up their fridges and freezers without falling into debt traps.' Simon Dukes, CEO of Fair for You, adds: 'The summer break is always one of the most financially stressful times of the year for families and with the rising cost of living, we're expecting this six-week break to be our busiest period to date. 'Our Food Club with Iceland offers a safe, flexible alternative to high-cost credit, allowing parents to put food on the table now and repay in a way that works for them, especially when many will be preparing for the next set of back-to-school costs."
Glasgow Times
18-07-2025
- Business
- Glasgow Times
Iceland Food Club Card offers £75 interest free food loan
In total, £553 million extra will be spent per week across British households through the summer holidays, as families need more food at home, as well as extra extra snacks and drinks to keep the kids going. This comes as UK inflation rose to a near 18-month high this month, with food prices shooting up across the country for the third month running. The Office for National Statistics (ONS) said Consumer Prices Index inflation rose to 3.6% in June, up from 3.4% in May and the highest since January 2024. The rise in food prices has been described as a 'hammer blow' for shoppers. HOLD UP! Greggs Sausage Bean & Cheese Melts are now HALF PRICE! 😍 NOW £1.75, was £3.50! Offer ends 21.07.25. — Iceland Foods ❄️ (@IcelandFoods) July 7, 2025 More than a quarter of parents (26%) say they've used Buy Now, Pay Later (BNPL) services just to get by with their grocery shopping in summer. One in ten parents (10%) have also relied on loans to manage their food bill, with 21% selling personal items to cover the cost. Iceland is once again offering a more flexible and interest-free alternative through the Iceland Food Club. Delivered in partnership with not-for-profit lender Fair for You, the Food Club provides an initial interest-free loan of up to £75 to eligible applicants, loaded onto a pre-paid card for use in-store or online at Iceland or The Food Warehouse. The loan is repaid at £10 per week, helping families spread the cost of essentials without falling into a cycle of debt. Returning customers can load up to £100 onto their Food Club card during school holiday top-up windows, once they have paid back their previous loan. The details of how to apply are here. Richard Walker, Executive Chairman of Iceland Foods, says: 'The summer holidays should be a time for families to relax and make memories, not worry about how they're going to afford their next food shop. But the reality for millions is very different. When we hear that nearly a quarter of parents are skipping meals so their children can eat, we know we have to step in. Recommended reading: 'Our Food Club will be available this summer, offering real, practical support that helps people stock up their fridges and freezers without falling into debt traps.' Simon Dukes, CEO of Fair for You, adds: 'The summer break is always one of the most financially stressful times of the year for families and with the rising cost of living, we're expecting this six-week break to be our busiest period to date. 'Our Food Club with Iceland offers a safe, flexible alternative to high-cost credit, allowing parents to put food on the table now and repay in a way that works for them, especially when many will be preparing for the next set of back-to-school costs."
Leader Live
18-07-2025
- Business
- Leader Live
Iceland Food Club Card offers £75 interest free food loan
In total, £553 million extra will be spent per week across British households through the summer holidays, as families need more food at home, as well as extra extra snacks and drinks to keep the kids going. This comes as UK inflation rose to a near 18-month high this month, with food prices shooting up across the country for the third month running. The Office for National Statistics (ONS) said Consumer Prices Index inflation rose to 3.6% in June, up from 3.4% in May and the highest since January 2024. The rise in food prices has been described as a 'hammer blow' for shoppers. HOLD UP! Greggs Sausage Bean & Cheese Melts are now HALF PRICE! 😍 NOW £1.75, was £3.50! Offer ends 21.07.25. More than a quarter of parents (26%) say they've used Buy Now, Pay Later (BNPL) services just to get by with their grocery shopping in summer. One in ten parents (10%) have also relied on loans to manage their food bill, with 21% selling personal items to cover the cost. Iceland is once again offering a more flexible and interest-free alternative through the Iceland Food Club. Delivered in partnership with not-for-profit lender Fair for You, the Food Club provides an initial interest-free loan of up to £75 to eligible applicants, loaded onto a pre-paid card for use in-store or online at Iceland or The Food Warehouse. The loan is repaid at £10 per week, helping families spread the cost of essentials without falling into a cycle of debt. Returning customers can load up to £100 onto their Food Club card during school holiday top-up windows, once they have paid back their previous loan. The details of how to apply are here. Richard Walker, Executive Chairman of Iceland Foods, says: 'The summer holidays should be a time for families to relax and make memories, not worry about how they're going to afford their next food shop. But the reality for millions is very different. When we hear that nearly a quarter of parents are skipping meals so their children can eat, we know we have to step in. Recommended reading: 'Our Food Club will be available this summer, offering real, practical support that helps people stock up their fridges and freezers without falling into debt traps.' Simon Dukes, CEO of Fair for You, adds: 'The summer break is always one of the most financially stressful times of the year for families and with the rising cost of living, we're expecting this six-week break to be our busiest period to date. 'Our Food Club with Iceland offers a safe, flexible alternative to high-cost credit, allowing parents to put food on the table now and repay in a way that works for them, especially when many will be preparing for the next set of back-to-school costs."
Finextra
21-05-2025
- Business
- Finextra
Retailers back BNPL alternative from charity-owned lender
A group of UK retailers are backing a new BNPL alternative from charity-owned responsible lender Fair for You. 1 The Fair for You Shopping Card loan is designed for the millions of Brits who need help spreading the cost of essential purchases. Customers can apply for a credit limit of up to £350, with money loaded onto a prepaid Mastercard that can be used as part or full payment online or in-store at partner retailers. Users can apply to top up once their balance is nearly paid off. Customers see exactly what they owe based on their payment plan, not just an APR. They can pay weekly, fortnightly, four weekly or monthly, and can reschedule repayments, while there are no charges for repaying early or changing schedule. Argos, Iceland Foods, Habitat, Dorset Home Stores, and ChemistDirect are among the retailers that will accept the card at launch, with more lined up. Fair for You, which has supported over 90,000 customers since being founded in 2015, expects that the new card will see its base expand by a further 100,000 over the next three years. Simon Dukes, CEO, Fair for You CIC, says: "Across the UK, millions of people have less than £100 in savings or will struggle to get credit, including through Buy Now Pay Later providers. "We want to make sure that those people can purchase life's essentials, whether it's putting down flooring in a new home, buying school uniform or baby equipment or replacing an appliance when it packs in."
