Welcome to the Money blog, Sky News' consumer and personal finance hub. Today: the FTSE 100 could break a record; we help a reader stung by his pet insurer; and M&S restarts online orders after a hack. And sign up for our new Money newsletter below.
Tuesday 10 June 2025 15:00, UK
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The government is set to announce 拢14.2bn towards building a nuclear power station in Suffolk that will create 10,000 jobs.
Fifteen years after the Sizewell C nuclear power station was proposed, chancellor Rachel Reeves is set to confirm the funding at the GMB union conference tomorrow.
Energy Secretary Ed Miliband will call it a "golden age" of nuclear to boost the UK's energy security.
Among the jobs will be 1,500 apprenticeships, the government will say.
On Monday, it was revealed Britain's nuclear power sector grew by a quarter in 2024 to 拢20bn compared with three years ago, underpinned by a record workforce which has increased by a third, according to research by the Nuclear Power Association.
About 87,000 people now work in the industry, with the rise largely driven by new nuclear power projects at Sizewell C and Hinkley Point C in Somerset.
Sizewell C was initially proposed by French energy company EDF and China General Nuclear Power Group, but in 2022 the Conservative government bought the Chinese company out and the state now owns 83.5% of the project with EDF.
Eurostar has unveiled plans to launch direct services connecting the UK with Germany and Switzerland.
The trains would run from London St Pancras to Frankfurt and Geneva, taking five hours and five hours and 20 minutes respectively.
These routes would be served by a fleet of up to 50 new trains costing approximately 拢1.7bn, running from the "early 2030s".
Whether the services would make stops along the way has not been decided.
A number of hurdles must be overcome before services could launch, such as creating sufficient passenger space at those stations, installing new border checkpoints, and securing access to tracks.
Eurostar chief executive Gwendoline Cazenave acknowledged that opening new international train routes required "time, investments, expertise, a huge amount of energy, and partnerships".
But she said she had "no doubt" the new direct services will happen because of the "willingness" of Eurostar, passengers and governments.
The UK and Switzerland signed a memorandum of understanding last month aimed at establishing direct train services between the countries.
Decathlon has pledged to offer a full gift card refund for the return of every tent it sells this summer - regardless of how much you have used it.
The sports retailer wants to encourage campers and festival-goers not to abandon tents, which contain as much plastic as 9,000 straws or 200 bottles.
Customers who buy any of its tents online or in store between 9 June and 14 September and return them with proof of purchase before 14 September will receive the full purchase value back.
It's important to note you need to be a Decathlon member at the time of returning the tent.
"Whether you're dancing at Glasto, on a hilltop, or roasting marshmallows with family, your tent deserves more than one weekend of glory," said broadcaster Vick Hope, who is supporting this year's campaign.
The company has expanded the No Tent Left Behind scheme from previous years to include every Decathlon brand tent across both its Quechua and Simond ranges.
Holders of the John Lewis credit card will have to more than double the amount they spend to earn points under its rewards scheme.
From August, customers will receive one point worth 1p for every 拢10 they spend, up from every 拢4.
Rewards for spending in John Lewis stores will remain unchanged, at five points for every 拢4.
Customers will get triple the points for spending in the company's department stores during August, and double in its online store.
Sky News has contacted John Lewis for comment.
By James Sillars, business and economics reporter
The FTSE 100 is in with a chance of achieving a new record high today.
The closing high is 8,871 points - recorded on 3 March.
The index has not been immune to the trade war uncertainty created by Donald Trump since then. But the apparent easing of many hostilities has helped values recover over the past month.
It is now 8.5% up in the year to date, having opened 0.4% higher today at 8,869.
Housing and energy stocks are leading the way.
Also contributing is Marks and Spencer.
Its shares are 2% up on the news that online sales have been restored.
The retailer suspended them after the ransomware attack on the company in April, which the company says will cost it 拢300m.
Marks & Spencer has resumed some online clothes orders six weeks after a damaging cyberattack that the retailer says will cost it hundreds of millions.
"Select fashion ranges" are now available again for the first time in 46 days.
Hackers broke into its systems in April by tricking employees at a third-party contractor, skirting its digital defences, according to the company.
"We are bringing back online shopping this week," said John Lyttle, managing director of fashion, home and beauty.
"A selection of our best-selling fashion ranges will be available for home delivery to England, Scotland and Wales.
"More of our fashion, home and beauty products will be added every day and we will resume deliveries to Northern Ireland and Click and Collect in the coming weeks."
M&S stopped taking clothing and home orders through its website and app on 25 April.
Three days earlier, it said it was managing a "cyber incident", with problems for its contactless pay and click and collect services over the Easter holiday weekend.
Last month, M&S said it expected online disruption to continue into July and forecast the attack would cost it 拢300m.
By James Sillars, business and economics reporter
UK unemployment rose to the highest level in four years in April while payrolled employment has fallen sharply since, according to official figures covering the period when budget tax hikes on businesses came into effect.
The Office for National Statistics said the new unemployment rate covering the three months to April was the highest since July 2021.
It had previously stood at 4.5%, a total of more than 1.6 million people.
At 4.6%, it is above the peak level predicted for this year, just in March, by the Office for Budget Responsibility.
Figures from the taxman also highlighted by the ONS showed the number of people in payrolled employment during May fell by 109,000 - double April's revised figure of 55,000.
The ONS Labour Force Survey data was the first to cover April's rises in employer national insurance contributions and the national living wage - hikes to costs for businesses which lobby groups had warned would result in job losses, price rises and lower wage settlements.
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Every Tuesday, we get an expert to answer your financial problems or consumer disputes. WhatsApp us yours or email moneyblog@AG百家乐在线官网.uk. Today's problem is...
My dog Benji died last month at the age of 11. But when I went to cancel his insurance, they told me I was still liable for paying the remaining five months of his policy (at 拢138 a month). They took 拢691.75 out of my final claim. They told me this was standard because if you make a claim in the same year the pet dies, you are then liable for the remaining year's premiums. Is this right? I've had the policy with them since 2020.
Alex*
Our cost of living specialist Megan Harwood-Baynes tackled this one...
I鈥檓 so sorry to hear about your dog. You told me he died unexpectedly - he was going for tests and died before the results came back. It took you a couple of days to summon up the strength to call HealthyPets and cancel his insurance, but when you did, you were shocked to be told you were liable to pay the remaining 拢691.75 on your premium.
As someone who has also been stung by pet insurance (with a different insurer), I was sad but not surprised to find out this clause exists.
Your insurance policy says this: "Any claim resulting from the death/permanent loss (referred as Total Loss) of the insured animal will result in the immediate cancellation of the contract and no refund of the annual premium will be allowed."
So, unfortunately, it does seem to be the case that you had to pay the premium. And look, we are all guilty of not reading the small print, and even when we do, it's so dense it can be really difficult to take it all in.
When you have an older animal (usually over the ages of eight to ten), your policy changes significantly, as certain things stop being covered. For example, you can claim if your kitten dies, but not your 12-year-old cat.
If you stay with the same insurer, this can be particularly tricky to navigate because they rarely flag any policy changes from year to year. Personally, I'm not sure why not - it wouldn't be difficult to include a PDF highlighting what things have changed once your pet reaches a certain age.
My main advice to anyone with a pet over a certain age would be to read and reread the small print - and call the insurer before you need to claim to make sure you fully know what you are signing up for.
But is this policy fair?
That being said, you said what upset you the most was the way you were dealt with by HealthyPets - for an insurer that presumably deals with this situation every day, you said there was no acknowledgement of the shock or grief you were going through.
Overall, you felt the approach was rather blunt and cold, especially given you'd been with them for four years (and presumably paid them thousands of pounds) and not claimed for Benji in that time. You felt it could have chosen to be more courteous to you or show some discretion with this clause.
I reached out to HealthyPets to ask if it felt it was fair for you to pay premiums on a deceased animal. To me, it seems a particularly cruel clause, designed to hit just when you're grieving your pet.
The official reply was this: "We would like to express our deepest condolences to Alex for the loss of Benji as we fully recognise the pain and stress the loss of a pet can cause. Thank you for bringing her complaint to our attention. We have reached out to her directly to discuss her concerns."
So, it was not the most helpful reply, but the next day, HealthyPets phoned you to say a formal complaint had been raised on your behalf. You said what mattered most is that in that phone call, the company apologised to you and expressed condolences for Benji's death.
A few days later, you had a final response to your complaint. HealthyPets apologised for the fact that its service had not met expectations. It said it tried to make policy wording as clear as possible (I'll let you decide if you agree that is the case鈥�) and explained exactly why, in accordance with their terms, the premium was due to be paid.
But it concluded by saying that while it couldn't change the terms of your policy, it arranged for a goodwill payment of 拢450 in recognition of the distress and disappointment caused by the situation.
You told me you were pleased with the outcome - you genuinely weren't expecting any money, but the acknowledgement and apology were what you had hoped for.
How to complain about an insurer
If you also feel unhappy with how you've been dealt with by an insurer, the first thing you need to do is raise a formal complaint directly with them. They should issue you a final response within a couple of months.
If you don't agree with their final decision, you can then go to the Financial Ombudsman - they will make a final decision, which is then binding. If you are still not happy, you can then take your insurer to court, but this should be an absolute last resort.
You can find out more about making a complaint on the .
*Names have been changed
This feature is 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:
