Money blog: Pubs want 'disgraceful' Co-op TV advert taken off air (2024)

Top news
  • Publicans hit out at Co-op for 'disgraceful' TV advert
  • UK's best holiday parks named - with Pontins and Butlins named as two of worst
  • Britvic agrees to takeover by Danish brewer
  • What does election result mean for your pocket? Submit question for Q&A with Ian King later this afternoon
Essential reads
  • Money Problem:'I booked holiday but might not renew my current travel insurance before I go - will it still cover this holiday?'
  • Savings Guide:Savers have a rare opportunity - but it might be the last hurrah
  • Cheap Eats:Two Michelin-starred chef reveals his favourites in Birmingham
  • Women in Business:'We don't get invited to golf' - The women who coordinated pregnancies to start virtual cancer care business and raised £5m
  • Best of the Money blog - an archive

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08:06:50

What does election result mean for your pocket?

Later today, business presenter Ian King will answer a selection of your questions on what Labour's emphatic election victory means for your personal finances.

Submit a question using the box at the top of this page and King will choose his favourites from 5pm.

12:04:46

Protesters soak tourists with water guns in Barcelona

Protesters have fired water guns at tourists in Barcelona as part of mass demonstrations over the number of the visitors to the Spanish city.

People marched down streets and sprayed those who they believed were visiting the city with water.

Guests were also prevented from leaving their hotels when campaigners taped up exits.

Thousands of people were said to have taken part in the rally against mass tourism.

Tension has been mounting over the rising cost of housing and rents in Spain, and the cost of goods in the shops, with many blaming the trends on increasing tourism.

The Catalan capital received more than 12 million tourists in 2023 and expects more in 2024.

Last week, Spain's government announced a crackdown on short-term and seasonal holiday lettings amid rising anger from locals who feel priced out of the housing market.

Rents rose by an average of 13% in June compared with a year earlier and by 18% in tourist cities such as Barcelona and Madrid, according to the property website Idealista.

Barcelona's mayor, Jaume Collboni, has also announced plans to phase out all short-term lets in the city by 2028.

10:24:17

UK's best holiday parks named - with Pontins and Butlin's named as two of worst

Potters Resorts has been named the best holiday park in the UK, according to a Which? survey.

The all-inclusive destination beat household names to the top of the table with a customer score of 87%.

Pontins came in last place, with the popular Butlin's also placing in the bottom five.

More than 1,700 people were asked about their experiences at holiday parks in the last two years, with each ranking their stays on 11 criteria including cleanliness, value for money and quality of facilities.

Which? then calculated an customer score based on overall satisfaction and value for money.

Visitors awarded Potters the full five stars for the variety of free facilities on offer, the quality of facilities, and the quality of the entertainment and communication.

It was awarded four stars for overall customer service, food and drink, value for money and quality of accommodation.

Pontins, founded in 1946, took last place with a customer score of 56%.

It scored a run of two-star ratings for customer service, quality of accommodation, cleanliness, variety of free facilities, quality of facilities and activities, food and drink and value for money.

Its highest score of three stars was for communication and the quality of entertainment.

Sky News has contacted Pontins for comment.

You can see how the holiday parks were rated in the table below:

Longstanding rival Butlin's also found itself in the bottom five, with a customer score of 67%.

Guests at Butlin's rated customer service two stars, it received three stars in key categories including quality of accommodation and cleanliness, and four for the quality and variety of children's activities and entertainment.

"As the home of entertainment, it's brilliant to see that we're scoring highly when it comes to activities and entertainment," a Butlins spokesperson said.

"It is disappointing to see that some scores are lower but would like to reassure guests that we're investing in these areas to offer a better holiday experience."

Centre Parcs, the most visited holiday park, came in slightly higher at 69%.

Survey respondents reported spending an average of £76 per person per night, making it the most expensive option not to include food or drinks in the price.

A spokesperson for Center Parcs said: "We are proud of our consistently high guest satisfaction scores and over 60% of guests will go on to make another booking with us.

"Our guests demand a high-quality experience and each year we invest tens of millions of pounds improving our villages to ensure we meet their expectations."

08:49:51

Britvic agrees to takeover by Danish brewer

By James Sillars, business news reporter

We'll kick off this morning with a deal that will probably see Britvic changing hands.

The soft drinks maker has agreed to a takeover by Danish brewer Carlsberg.

The firm, based in Hemel Hempstead, had rejected a bid last month that valued Britvic at £3.1bn.

The agreement - subject to regulatory and shareholder approval - now values Britvic at £3.3bn through 1,315p per share and a special dividend.

Carlsberg also announced that it was to buy UK pub group Marston's out from a joint venture.

It explained that the deals were part of a strategy to create an integrated beer and soft drinks operation in the UK.

Marston's shares were up 12% while those of Britvic were 4% higher.

The FTSE 100 started the week down 0.3%.

There is plenty of focus across the Channel where France is in political turmoil.

The euro was weaker by a tenth of a cent against both the dollar and the pound after the final round of voting in the snap parliamentary election.

It saw the left-wing block claim the most seats with the far-right National Rally, which had been tipped to lead, coming third.

The result leaves a hung parliament in a country with no history of coalition government.

The country's prime minister is set to officially resign today.

The CAC 40, whose banking constituents have suffered particularly badly during the election, fell 0.6% at the open in Paris.

06:42:26

Iceland eyes 250 new stores | Fortnum & Mason launches subscription service| Cineworld to exit dozens of cinemas

Iceland is searching for up to 250 new sitesfor its Food Warehouse stores as part of its nationwide expansion plan.

Crawley, Brighton, Salisbury and Dundee are among the locations already named by the frozen foods specialists as places they'd like to open new stores.

First launched in 2014, Food Warehouse stores are often located in retail parks and are around three times the size of traditional Iceland shops.

Fortnum & Mason has launched a subscription service to deliver refills for tea, biscuits and jams to your front door every month.

The department store is offering three subscriptions, starting with the Tea Post which costs £100 annually and offers customers a year's supply of monthly refills of a choice of tea blends.

It also comes with a customisable initialled china mug, tin and strainer.

The Biscuit Post costs £20 a month and offers refills of the popular Toffolossus, Chocolossus or Gingerlossus biscuits, available on either three-month, six-month or 12-month subscriptions.

The third subscription, called the Teatime Dispatch, offers a selection of both tea and biscuits, as well as a choice of marmalades or jams.

It costs £25 a month, available on either three-month, six-month or 12-month subscriptions.

Cineworld is drawing up plans to axe dozens of British cinemas as part of a radical restructuring that would also include extensive rent cuts.

Sky News has learned the company, which until last year was listed on the London Stock Exchange, is considering closing about a quarter of its roughly-100 British multiplexes.

Cineworld also wants to renegotiate rent agreements at a further 50 sites, with the remaining 25 untouched by the restructuring.

Sources said the proposals were expected to be formally outlined to creditors including landlords in the coming weeks.

Read Mark Kleinman's full exclusive here...

06:25:32

Publicans hit out at Co-op for 'disgraceful' TV advert

Publicans have expressed their outrage at Co-op for a "disgraceful" television advert encouraging people to stay at home to watch the football rather than go to the pub.

The 10-second advert suggests people "stay in with two pizzas and four beers" purchased as part of a deal during EURO 2024 rather than go to the pub where, the advert says, it is "hard to see the screen".

In a letter to Co-op's chief executive Shirine Khoury-Haq, the Campaign for Pubs accused the supermarket of "openly and deliberately undermining pubs and publicans' livelihoods".

It added it was "disgusted, as well as deeply angry" that the advert was targeting pubs at a difficult time for the industry.

Nearly 800 pubs entered insolvency in 2023, the highest number in over a decade.

The letter read: "You and your management team must surely be aware of what a challenging time it is for pubs and publicans, yet here you are, a supposedly ethical business, openly and deliberately undermining pubs and publicans' livelihoods at this difficult time. It frankly beggars' belief.

"At the time when businesses in England should be uniting in support of the national football team, the Co-op has instead cynically and shamelessly sought to attack another important business sector to try to boost your own profits from the tournament."

The Campaign for Pubs has called on the Co-op to pull the advert and apologise for the campaign immediately.

But a Co-op spokesperson told the Money blog: "The 10-second advert is a light-hearted way of highlighting to our members and customers that, if they have made the choice to stay in to watch the football, we have a cracking pizza and beer deal they can purchase to enjoy in their homes, with the sole intention of providing great value on relevant products which customers tell us they want, especially at a time when the cost of living is high."

06:22:31

'I booked a holiday but might not renew my current travel insurance before I go - will it still cover this holiday?'

Every Monday we get an expert to answer your money problems or consumer disputes. Find out how to submit yours at the bottom of this post. Today's question is...

"I have booked a holiday for 2026 and paid a small deposit. I have an expiring annual travel insurance policy which would cover the booking if I needed to cancel. Is the travel insurance still valid for the booking, if I choose not to reinsure with them?"

Mrs B

Daniel Scognamiglio, partner and travel law team lead at Blake Morgan, said it's the policy in place at the time of the cancellation that is relevant...

"If one policy lapses and you then need to cancel a trip without buying other insurance, you will have no cover for the cancellation.

"There are also other factors to consider, such as the specific policy wording, when the policies were bought, and the reasons behind it.

"It is always advisable to have travel insurance as soon as possible after buying a holiday. Often it is better to have an annual policy that provides cover from the date the holiday is bought and while you are away."

Daniel says most travel policies will pay something towards the cost of the holiday if it must be cancelled for a reason that is not your fault.

He adds: "For example, if you unexpectedly fall ill and are unable to travel. However, it is common for policies not to provide much cover in the event of cancellation. So, it is worth making sure that any cover is for more than the cost of the holiday, in case you do need to cancel.

"It's also important to remember that travel insurance will only cover unexpected events.

"You must have been unaware of any illness (or other reason to cancel the holiday) before buying the travel insurance policy or booking the holiday."

If you knew you had an illness or were about to go through testing when booking your holiday or taking our insurance, you'd have to declare this when buying the policy, as well as any pre-existing medical conditions, Daniel says.

"If you are aware of a medical condition after buying the insurance but before travel, you must also tell your insurers," he explains.

This featureis not intended as financial advice - the aim is to give an overview of the things you should think about.Submit your dilemma or consumer dispute via:

  • The form above - you need to leave a phone number or email address so we can contact you for further details
  • Email news@skynews.com with the subject line "Money blog"
  • WhatsApp ushere

06:21:55

Welcome back to the Money blog

After a small break from the election results, we're back for another week of consumer news, personal finance tipsand all the latest on the economy.

This is how the week in the Money blog is shaping up...

Monday: This week's Money Problemfocuses on a query about travel insurance.

Tuesday: We're continuing our eight-partWomen in Businessfeature - interviewing women who are bossing their industry. And this week'sBasically...explains everything you need to know about car finance.

Wednesday: We are back in London for this week'sCheap Eats, where Michelin chefs reveal their favourite spots to get a meal for two for less than £40.

Thursday: Savings Championfounder Anna Bowes will be back with her weekly insight into the savings market.

Friday: We'll have everything you need to know about the mortgage market this week with the guys from Moneyfacts.

Running every weekday, Money features a morning markets round-up from theSky News business teamand regular updates and analysis from our business, City and economic correspondents, editors and presenters -Ed Conway,Mark Kleinman,Ian King,Paul KelsoandAdele Robinson.

You'll also be able to streamBusiness Live with Ian King onweekdays at 11.30am and 4.30pm.

Bookmarknews.sky.com/moneyand check back from 8am, and through the day, each weekday.

The Money team is Bhvishya Patel, Jess Sharp, Katie Williams, Brad Young, Ollie Cooper and Mark Wyatt, with sub-editing by Isobel Souster. The blog is edited by Jimmy Rice.

09:27:40

Best of the Money blog - an archive

The Money blog will return on Monday - meantime, why not scroll through some of our best and most popular features below...

JUNE

MAY

APRIL

MARCH

FEBRUARY

JANUARY

19:00:01

Major retailer freezes school uniform prices again

John Lewis is keeping its school uniform prices frozen for the fourth year running.

The department store chain also offers parents an online school uniform checklist to help prepare for the start of the new year.

It also offers a free shoe-fitting service, while some of its newer school uniform products released in the last three years have not seen a price rise.

John Lewis school uniform buyer Cydney Ball said:"Our customers trust us as the one-stop-shop for all things back to school."

Money blog: Pubs want 'disgraceful' Co-op TV advert taken off air (2024)
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