With the cost of living crisis continuing to bite, more people are turning to credit to prop up their finances after an increasingly turbulent year.
One bank said credit card inquiries had gone up 43% in the last year as people turn to borrowing to support their day-to-day living.
Fiona Anderson, from Vanquis – which offers credit building credit cards under the Visa brand – said the use of buy now, pay later has increased, with 14% of young people using this as a way to pay for Christmas.
As a general rule, if you don’t need to put something on credit, then don’t. Take your time before making big purchases.
If you do need to, here are a few tips on some of the best ways to use credit.
This does not constitute financial advice – always read the small print.
Cashback for Christmas
If you are the type of person who is able to pay off their card in full every month then a cashback, or reward card, could help you earn benefits with no extra work – something for nothing.
From the Amex Platinum Cashback Everyday (which offers 5% cashback for the first three months and then less thereafter) or the Amex Nectar credit card (which gives you 20,000 bonus points if you spend £2,000 in the first three months), these cards have a host of potential rewards.
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But, be careful with these and make sure you pay it off in full every month. These cards often have high-interest rates which means any rewards could be wiped out if you don’t repay in full. Something for nothing can very quickly become nothing for something.
For example, take the Lloyds Bank Mastercard.
If you were to spend £2,000 on it you would get £20 cashback plus an extra 0.25% cashback on your spending – taking the total value of rewards to £25.
But fail to pay the card back in full, and your monthly interest will be around £33 (or around £400 a year if you are slow paying it off), completely wiping out any benefit.
Some cards also impose a minimum spend – so always check the small print.
The best way to spread purchases
Again, if you don’t need to borrow money, don’t. It can lead to problems later down the line.
But, if you have no choice, an 0% credit card can be the cheapest way to borrow, but you have to use them right.
These cards will offer a number of months where no interest is charged on new purchases – and this can save you thousands compared to taking out a standard loan.
It can seem tempting to use these to plug gaps in your income, but try and only use them for planned expenses. Then, calculate how much you need to repay each month to make sure you are fully settled up before the 0% interest period ends.
Some cards even offer additional perks – like Barclaycard which not only has the longest 0% periods but gives you £20 cashback.
MoneySavingExpert does a regular round-up of the best credit cards on offer, and services like Experian mean you can check what you are eligible for without impacting your credit score.
Always check the fine print on cards, and don’t ever use them as an excuse to overspend. The most magical moments at Christmas don’t come from what’s under the tree.
Victims of child sexual exploitation are “not explicitly within the scope” of the Violence Against Women and Girls (VAWG) strategy being drafted by the government, Sky News can reveal.
Child Sexual Abuse and Exploitation (CSEA) is a form of child abuse, described by police as a “critical threat” to women and girls.
It includes crimes such as grooming, and can involve both physical contact, such as rape, or non-physical – like forcing children to look at sexual images.
Sky News has been shown an internal Home Office document presented to various stakeholders in the sector.
Image: Screenshot detailing strategy
It’s titled “Scope of the Strategy… Our draft definition of VAWG”, and says that while it recognises “links” between VAWG and child sexual exploitation, it is not “explicitly within the scope of the strategy”.
“VAWG is Violence Against Women and Girls. If you take child sexual abuse out of it, where are the girls?” Poppy Eyre told Sky News.
Poppy was sexually abused and raped by her grandfather when she was four.
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It wasn’t until she was 11, after a PHSE lesson on abuse at school, that she understood the enormity of what had happened.
“I remember very vividly when the police came round and told me… this is what we’re charging him with,” said Poppy.
“We’re charging him with sexual abuse and rape. And I remember being like, I had no idea that’s what it was, but I know that’s really bad.”
Image: Poppy Eyre was sexually abused and raped by her grandfather when she was four
Poppy’s grandfather was convicted and died in prison.
She questions how authorities would police crime if child sexual abuse is excluded from an umbrella strategy to tackle violence against women and girls.
“Are they holding child sexual abuse at the same level of importance as they are with violence against women? You’d hope so, but potentially not, because it doesn’t need to be in the figures”, she said.
Image: ‘Are they holding child sexual abuse at the same level of importance?’ asks Poppy
The government has pledged to halve VAWG within a decade, by 2035.
“If the government are measuring themselves against halving violence against women and girls – if they’re not looking at the scale of child sexual abuse and child sexual exploitation within that – that will mean we are failing many young victims of abuse,” said Andrea Simon, director of campaign group End Violence Against Women.
The Centre of Expertise on Child Sexual Abuse, which is funded by the Home Office, estimates 500,000 children in England and Wales are sexually abused every year.
‘Danger’ of having separate plan
Rape Crisis told Sky News that “for any strategy to be effective” it “must include all forms of gender-based violence against all women and girls”, suggesting there is a “danger” in having a separate plan for child sexual abuse.
Its chief executive, Ciara Bergman, said it could create a “problematic and potentially very unhelpful” distinction between victims of domestic abuse, expected to be covered by the strategy, and child sexual abuse.
“Some perpetrators of domestic abuse also sexually abuse their children,” she told Sky News.
The government insists the strategy will include action to tackle child sexual abuse, but says it also plans to create a distinctive programme to address its specific crimes.
Image: Poppy’s mother Miranda Eyre says she’s ‘speechless’ and ‘angry’ over the government’s approach
“Sexual abuse is violence against a child,” said Poppy’s mother, Miranda Eyre, who now works as a counsellor specialising in trauma.
“It is violence against girls… and you can’t separate it out,” she said. “I’m speechless to be honest… it does make me quite angry.”
A Home Office spokesperson told Sky News it is “working tirelessly to tackle the scourges of violence against women and girls and child sexual abuse”.
“These issues are complex and run deep within the fabric of society,” they added.
“The government wholly recognises that they overlap. But it also recognises that concerted action is needed to tackle child sexual abuse which is why we have set out a range of actions… and why we are launching a national inquiry into grooming gangs.”
A British veteran has spoken about how he witnessed Japan’s wartime surrender up close as a 20-year-old sailor.
Reg Draper was off Japan’s coast on the HMS Duke of York when the captain announced the war was ending.
Recalling that moment – 80 years ago today – he said cheers went up from the battleship’s crew.
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Why is it important to mark VJ Day?
Mr Draper saw the Japanese sign the agreement on USS Missouri when he went on board to help his friend, who was the ship’s photographer.
“All the ships mustered in Tokyo Bay with the USS Missouri, which was the American ship, and it was on the Missouri where they signed the peace treaty,” the 100-year-old recalled.
“Then we all came back down to Australia and we went and celebrated – we went down to Tasmania and everybody had four days leave in Hobart.
“Everybody wanted to take us to their home and there were a couple of dances in the dance hall.”
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Image: Mr Draper still has a photo showing the peace deal being signed. Pic: Royal British Legion/PA
Image: Mr Draper got a letter recognising his presence at the surrender. Pic: Royal British Legion/PA
Mr Draper, who grew up in Leeds, was a stores assistant on the Duke of York after volunteering on his 18th birthday.
His duties included rationing out the rum so all the sailors could get their 11am hit. He said senior crew got theirs neat while everyone else had theirs watered down.
He also recalled being clattered by Prince Philip after the Queen’s future husband, who was on a destroyer escorting his ship, came aboard.
Image: A view looking out over the HMS Duke of York. Pic: AP
Image: Mr Draper met Prince Philip again in the 70s – but the hockey wasn’t mentioned. Pic: Royal British Legion/PA
“We used to have deck hockey on the quarter deck and it was murder playing deck hockey,” said Mr Draper.
“He [Philip] knocked me over once and then the next time he came round he hit me, there’s still a mark there, he gave me a clout with his hockey stick.
“He came to see me just to see how I was. They just put a stitch in and it was alright.”
The pair met again in 1972 when Mr Draper was training sea cadets for the Duke of Edinburgh awards.
He said Philip noticed his medals and recalled escorting the ship – but didn’t mention the hockey game.
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Mr Draper’s time on the Duke of York included Arctic convoys to deliver supplies to Russia and sailing to Sydney, Australia, in 1945 before joining the East Indies Fleet.
“We started going up to the islands, kicking the Japanese out of the islands as we went,” he recalled.
Japan surrendered after the US dropped two nuclear bombs on Hiroshima and Nagasaki, on 6 and 9 August.
Image: Mr Draper now lives in Elton in Cheshire. Pic: PA
Mr Draper turned 21 on the trip back to Europe and said 2,000 people were on board as they had picked up prisoners of war.
He went on to become an insurance salesman and said he’s planning to watch today’s 80th anniversary commemorations from his home in Elton, Cheshire.
The King released an audio message in which he said the sacrifices of VJ Day veterans should “never be forgotten”.
He described how the heroic actions of those sent to fight in the Far East, as well as the brutal treatment of civilians, “reminds us that war’s true cost extends beyond battlefields, touching every aspect of life”.
The King will issue a warning that the sacrifices of the VJ Day veterans should “never be forgotten” as they “gave us more than freedom; they left us the example of how it can and must be protected”.
In an audio message, due to be released on Friday morning to mark 80 years since the end of the Second World War in the Far East, King Charles will describe how the heroic actions of those sent to fight there and the brutal treatment of civilians “reminds us that war’s true cost extends beyond battlefields, touching every aspect of life”.
In what could be interpreted as him alluding to current world events and conflicts, he will emphasise the importance of international collaboration, saying that victory in 1945 demonstrated that “in times of war and in times of peace, the greatest weapons of all are not the arms you bear but the arms you link”.
Image: Pic: PA
The six-minute audio message to the Nation, Realms and Commonwealth to mark VJ Day, echoes the audio broadcast made by his grandfather, King George VI, which the King will reference.
He recorded it in the Morning Room at Clarence House earlier this month.
Victory over Japan (VJ Day) was declared on 15 August 1945, following Imperial Japan’s surrender to Allied Forces.
With Victory in Europe (VE Day) declared in May 1945, some have felt that historically VJ Day has been overlooked, undervaluing the sacrifices of those who continued to fight on for another three months.
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In his message, the King will say that the service and sacrifice of those who fought and died in the Pacific and Far East “shall never be forgotten”.
He will also refer to the experience endured by prisoners of war and to the innocent civilians of occupied lands in the region.
King Charles and Queen Camilla will also publicly mark the anniversary by attending a national service of remembrance at the National Memorial Arboretum in Staffordshire.
The service, run in partnership with the Royal British Legion, will be attended by Burma Star recipients, a veteran of the British Indian Army and those involved in the Battles of Kohima and Imphal.
Prisoners of war held across the region and veterans stationed in the UK or Commonwealth countries who contributed to the war effort will also attend. A two-minute national silence will be held at midday.