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How you can live in this rustic Italian dream home in the middle of a charming village in Sicily RENT-FREE for a year

  • One lucky person will be able to live rent-free in this restored Sicilian home
  • The ‘1 Euro House’ in Sambuca is on offer rent-free for a year through Airbnb 
  • The successful applicant will relocate to Sambuca and list the home on Airbnb
  • Sambuca sold a series of houses for just €1 in an effort to boost populations










One lucky tenant will have the opportunity to live rent-free for a whole year in a beautifully restored home with a chic modern fit-out tucked away in a quaint Sicilian village. 

Airbnb is taking host applications for for the ‘1 Euro House’ located in the remote Sicilian town of Sambuca, just an hour away from Palermo, from June 30 this year.

Those who are apply need to be over 18 and are asked to write a short essay on what appeals to them about Sicily, how they’d organise their life there and how they view themselves as a host. 

1 Euro House got its name as it was one if the homes the City of Sambuca sold for just one euro in an effort to revitalise the town and bring in more people after declining populations. 

One lucky person will be able to live rent-free for a whole year in a beautifully restored home with a chic modern fit-out tucked away in a quaint Sicilian village

One lucky person will be able to live rent-free for a whole year in a beautifully restored home with a chic modern fit-out tucked away in a quaint Sicilian village

Airbnb is taking applications for tenants for the '1 Euro House' located in the remote Sicilian town of Sambuca, just an hour away from Palermo

Airbnb is taking applications for tenants for the ‘1 Euro House’ located in the remote Sicilian town of Sambuca, just an hour away from Palermo

The picturesque, three-storey home has a king-sized master bedroom with a ensuite bathroom, multiple living and working spaces, and a fully equipped kitchenette

The picturesque, three-storey home has a king-sized master bedroom with a ensuite bathroom, multiple living and working spaces, and a fully equipped kitchenette

1 Euro House got its name as it was one if the homes the City of Sambuca sold for just one euro in an effort to revitalise the town and bring in more people after declining populations

1 Euro House got its name as it was one if the homes the City of Sambuca sold for just one euro in an effort to revitalise the town and bring in more people after declining populations

The picturesque, three-storey home has a king-sized master bedroom with a ensuite bathroom, multiple living and working spaces, and a fully equipped kitchenette.

It was cleverly restored to have a contemporary, colourful fit-out while preserving its rustic, Sicilian charm with arched ceilings, polished concrete floors and glimpses of the provincial town to the rolling hills.  

Sambuca is a small provincial village in the Sicilian countryside with a growing community of about 6000 known for its traditional wines, olive oil, sheep’s’ ricotta and cheeses.

Sambuca is a small provincial village in the Sicilian countryside with a growing community of about 6000 known for its traditional wines, olive oil, sheep's' ricotta and cheeses

Sambuca is a small provincial village in the Sicilian countryside with a growing community of about 6000 known for its traditional wines, olive oil, sheep’s’ ricotta and cheeses

It was cleverly restored to have a contemporary, colourful fit-out while preserving its rustic, Sicilian charm

With arched ceilings, polished concrete floors and glimpses of the provincial town to the rolling hills

It was cleverly restored to have a contemporary, colourful fit-out while preserving its rustic, Sicilian charm with arched ceilings, polished concrete floors and glimpses of the provincial town to the rolling hills

With the option to work remotely or locally, the successful participant will also take in the Airbnb host earnings and live the Sicilian dream with their partner, friend or a family member

With the option to work remotely or locally, the successful participant will also take in the Airbnb host earnings and live the Sicilian dream with their partner, friend or a family member

The lucky tenant will have the opportunity to relocate to Sambuca and stay in the 1 Euro House rent-free for a year beginning on June 30 while listing one of the room’s on Airbnb.        

With the option to work remotely or locally, the successful participant will also take in the Airbnb host earnings and live the Sicilian dream with their partner, friend or a family member. 

To be in the running, you have answer a few questions on the application form by February 18. 

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BUSINESS LIVE: Investors brace after ‘Black Monday’; FCA warns firms on insolvency rules; Hut Group slumps again










Investors are braced for the opening bell after global equities tumbled and bitcoin crashed to a six-month low yesterday as fears of conflict in Ukraine and the prospect of higher interest rates spooked markets.

On a day of turmoil on financial markets worldwide, the FTSE 100 index fell 2.6 per cent and the FTSE 250 plunged 3.6 per cent as £68billion was wiped off the value of Britain’s 350 leading listed companies.

Britain’s financial watchdog has warned firms in insolvency proceedings they could face ‘assertive action’ if their proposals ‘unfairly benefit them at the expense of their customers’.

The Financial Conduct Authority has seen an increase in the number of firms developing proposals to deal with significant liabilities to consumers, and said it would not hesitate to us its regulatory powers, including enforcement actions, when appropriate.

Embattled retailer The Hut Group shares fell again yesterday after analysts predicted its full-year profits would disappoint.

The shares are down 76 per cent from their float price of 500p in September 2020, with the latest fall seemingly prompted by a note from analysts at Citi, who said foreign exchange pressures and higher commodity prices would weigh on THG’s profits.

>If you are using our app or a third-party site click here to read Business Live 

Escalating tensions on the border of Ukraine contributed to falls across global stock markets on Monday

Escalating tensions on the border of Ukraine contributed to falls across global stock markets on Monday 

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BUSINESS LIVE: UK dividends set for subdued 2022; L&G boss slams levelling up efforts; De La Rue issues profit warning










UK-listed companies brought back their dividends strongly last year after being forced to slash payouts as the Covid crisis hit in 2020, with 2021 ending significantly better than the prior year for income-chasing investors.

However, inflation, tax hikes and continued disruption caused by the pandemic will make for a challenging backdrop for many companies and their ability to pay dividends in 2022.

The boss of Legal & General has criticised the Government’s levelling up efforts as data showed the UK had taken ‘a step back’ in some areas of life.

L&G’s Rebuilding Britain Index, which tracks quality of life, showed that in 12 months there had been declines in healthcare and housing access, but less unemployment.

Banknote printer De La Rue has warned its annual profit is set to come in below market expectations on lower output, due to increased employee absences at its manufacturing facilities globally as a result of coronavirus infections.

The company said other challenges such as the chip crisis and supply chain cost inflation were also delaying its turnaround plan.

>If you are using our app or a third-party site click here to read Business Live 

De La Rue forecast adjusted operating profit for the year to be in the range of £36 million to £40million, versus market expectations of £45million to £47million

De La Rue forecast adjusted operating profit for the year to be in the range of £36 million to £40million, versus market expectations of £45million to £47million

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China orders hotel to shut guest room that displayed a live TIGER behind reinforced glass

  • China is forcing a hotel to close its room looking out on to a live white tiger 
  • Guests can sleep right beside the tiger separated by blast-proof glass 
  • But the Chinese government fears the glass is not soundproof enough to prevent guests from alarming the animal










A hotel with a room looking out on to an enclosed tiger in eastern China has been ordered by government officials to close off the view over fears for the animal’s welfare. 

The white tiger, which can be seen from the hotel room roaming the grassy enclosure, is separated by glass from a room at the Sendi Tribe Treehouse Hotel in Nantong.

The hotel is connected to the Nantong Forest safari park, one of the large-scale zoos in the region with nearly 20,000 wild animals.

State media said tigers and other animals can be easily alarmed when so close to the glass, according to the Times.

The hotel offers a view into the tiger's enclosure (pictured), but Chinese state media said the animal could be easily alarmed if the glass is not soundproof enough

The hotel offers a view into the tiger’s enclosure (pictured), but Chinese state media said the animal could be easily alarmed if the glass is not soundproof enough

An aerial view of the the Nantong Forest safari park where the hotel is located

An aerial view of the the Nantong Forest safari park where the hotel is located

While guests are protected from the tiger by blast-proof glass, The Beijing News said the design lacked consideration for the tiger.

The Chinese-government owned newspaper said there needed to be further evaluation on whether the design was soundproof enough to ensure the animal’s welfare.

One-way glass may reduce disturbances to the animals, added the news outlet.

The hotel already offers rooms with views looking out on to giraffes, lions and zebras.

Resident are set to celebrate Chinese New Year on February 1, ushering in 2022 as the year of the Tiger.

China National Radio suggested the hotel was using the Chinese Year of the Tiger as a marketing gimmick, promoting the tiger room ahead of the celebrations.

Another white tiger (pictured) licks a block of ice in the Nantong Forest safari park

Another white tiger (pictured) licks a block of ice in the Nantong Forest safari park

Sendi Tribe Treehouse is not the first hotel to advertise a room with an exotic view.

Last year saw Harbin in northeastern China unveil the world’s first polar bear hotel.

Guests can view polar bears 24 hours a day through windows facing on to the bears’ enclosure.

‘These bears appear to have no fresh air, no space to roam, no privacy, no peace, no view and just artificial stimulation,’ said Simon Marsh, the acting director of UK-based animal welfare group Wild Welfare.

Zoos and other captive facilities should prioritize the individual needs of their animals, not the public, added Marsh in 2021 when the zoo opened.

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BUSINESS LIVE: Retail sales slump; FCA drops M&C Saatchi investigation; Shell blasts ‘body blow’ court ruling










British retail sales slumped in December after consumers did much of their Christmas shopping earlier than usual in November and many consumers stayed at home due to the spread of the Omicron coronavirus variant.

Sales volumes fell by 3.7 per cent from November, a far bigger hit than the 0.6 per cent decline forecast by economists and the biggest fall since January of last year when the country was under a coronavirus lockdown.

The Financial Conduct Authority has closed an investigation into advertising group M&C Saatchi, with no enforcement action to be taken.

M&C Saatchi, which earlier this month said it did not see much merit in a possible all-share takeover instigated by its biggest investor, software entrepreneur Vin Murria, has also upgraded its profit outlook.

Shell’s boss has lashed out at a landmark climate change ruling from a Dutch court that he said felt like a ‘body blow’.

Ben van Beurden said it was ‘deeply troubling’ that the oil giant was being singled out for the way the world uses energy.

>If you are using our app or a third-party site click here to read Business Live 

Compared with December 2020, sales volumes were down by 0.9%, the Office for National Statistics said on Friday.

Compared with December 2020, sales volumes were down by 0.9%, the Office for National Statistics said on Friday.

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BUSINESS LIVE: Deliveroo orders soar; AJ Bell builds on customer growth; Entain betting revenues stall










Food delivery company Deliveroo saw the gross transaction value of orders on its platform rise 36 per cent year-on-year in the fourth quarter of 2021, resulting in it hitting the top of its guidance range with a 70 per cent rise for the year.

Food delivery boomed during the COVID-19 pandemic when pubs and restaurants were closed, and the popularity of the platforms has not faded since hospitality reopened.

Investment platform AJ Bell’s total customer numbers increased to 398,066, up 27 per cent over the last year and 4 per cent in the fourth quarter, with total net inflows in the quarter of £1.3billion.

Total assets under administration increased to £75.6billion, up 21 per cent over the last year and 4 per cent in the quarter, as AJ Bell performed well against tough comparative results on the prior year when Covid restrictions helped to drive total customer growth, gross inflows and net inflows to record levels

British gambling firm Entain’s quarterly revenue from online betting slipped after years of steady growth, while betting activity at its physical shops bounced back on easing of coronavirus restrictions.

Entain’s online net gaming revenue fell 9 per cent year-over-year in the fourth quarter ended 31 December, as it reported particularly strong numbers a year earlier.

>If you are using our app or a third-party site click here to read Business Live 

Deliveroo order numbers grew 10% compared to the previous quarter and the average value stabilised, up by 1% in constant currency on Q3 to £21.40

Deliveroo order numbers grew 10% compared to the previous quarter and the average value stabilised, up by 1% in constant currency on Q3 to £21.40

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BUSINESS LIVE: Inflation hits 5.4%; Omicron hurts Wetherspoon revenues; Watchdog cracks down on high-risk investment adverts










UK inflation hit 5.4 per cent in December, with consumer prices now rising at their fastest rate since March 1992, fresh data from the Office for National Statistics shows.

Rising from 5.1 per cent in November, the ONS said consumer price growth in December was driven by food and non-alcoholic beverages, restaurants and hotels, furniture and household goods, and clothing and footwear.

Pub group JD Wetherspoon is set to record a loss for the first half of the fiscal year after the Omicron coronavirus variant led to renewed curbs and kept people from heading out during the festive season.

Wetherspoon’s like-for-like sales fell by 11.7 per cent in the 25 weeks to 16 January, with second-quarter sales hurt by restrictions imposed in December.

Britain’s financial watchdog has proposed a significant strengthening of rules on how high-risk financial products are marketed.

Under the proposed rules, the Financial Conduct Authority would ensure firms that approve and communicate financial marketing have relevant expertise and understanding of the investments being offered, improve risk warnings on ads and ban incentives to invest.

>If you are using our app or a third-party site click here to read Business Live 

Wetherspoon's sales in the second quarter were affected by the 'Plan B' restrictions announced by the government in December

Wetherspoon’s sales in the second quarter were affected by the ‘Plan B’ restrictions announced by the government in December

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Renderings were recently unveiled for a stunning floating condo called Somnio, which will offer ultra-luxury apartments starting at £8.1million. 

But she’s by no means the only option for a cruise-ship-style life at sea. The Utopia and The World residential ships have already attracted buyers. But they too are expensive, with residences costing from $4.4million (£3.2million) in the case of Utopia and from $2million (£1.4million) for The World.

However, there is good news for those with shallower pockets who want to live on a cruise ship. MV Narrative, a ‘residential community at sea’, has one to four-bedroom apartments and studios starting at just $366,667 (£268,170).

The new Storylines boat MV Narrative (pictured) has one to four-bedroom apartments and studios starting at just $366,667 (£268,170)

The new Storylines boat MV Narrative (pictured) has one to four-bedroom apartments and studios starting at just $366,667 (£268,170)

There will be 627 residences on the 741ft- (226 m) long Storylines ship, which is currently being built in Croatia and is due to launch in 2024. 

Florida-based Storylines says that its primary focus is on ‘providing more affordable entry-level options into the condo ship market’. The lowest-priced home is the 237-sq-ft (22 sq m) ’Discover’ apartment. 

The cost will soar, however, for those in the market for one of the two-storey penthouses, which are worth up to $8million (£5.8million). These homes can stretch to 1,970 sq ft (183 sq m).

There will also be the option to avail of a 12 month or 24-month lease, and owners can rent out their properties to make some money through Storylines’ ‘Guest at Sea’ rental program.

The ship will be all-inclusive, but residents will be charged a ‘living fee’ to cover expenses like maintenance and food.

Storylines' MV Narrative, pictured, is billed as a new ‘residential community at sea’

Storylines’ MV Narrative, pictured, is billed as a new ‘residential community at sea’

This rendering shows one of the more affordable options - the 'Breeze' home. The bedrooms will feature queen-size Murphy beds and 'luxury' mattresses to ‘ensure maximum comfort at night’

This rendering shows one of the more affordable options – the ‘Breeze’ home. The bedrooms will feature queen-size Murphy beds and ‘luxury’ mattresses to ‘ensure maximum comfort at night’

Pictured is a lower-priced 'Explore' home on MV Narrative. The most affordable residence is the 237-sq-ft (22 sq m) ’Discover’ apartment

Pictured is a lower-priced ‘Explore’ home on MV Narrative. The most affordable residence is the 237-sq-ft (22 sq m) ’Discover’ apartment

Each home will be fully furnished with ‘Italian designed’ furnishings, and residents can choose between two different layouts for their properties. Pictured is a mid-range 'Dream' apartment

Each home will be fully furnished with ‘Italian designed’ furnishings, and residents can choose between two different layouts for their properties. Pictured is a mid-range ‘Dream’ apartment 

Each apartment will be fully furnished with ‘Italian-designed’ items, and residents can choose between two different layouts for their properties. 

Every home will be decked out with full kitchens, flat-screen TVs, ‘climate control’ systems, adjustable mood lighting and stereo speakers, and the bedrooms will feature queen-size murphy beds and ‘luxury’ mattresses to ‘ensure maximum comfort at night’.

When the MV Narrative is offshore, homeowners can wine and dine at the ship’s 20 bars and restaurants, which include an oyster bar, a Chinese restaurant, and an ‘ice creamery’. They can also order twenty-four-seven from a home delivery service.

A bathroom in a 'Global' two-storey penthouse. These homes are priced up to $8million (£5.8million)

A bathroom in a ‘Global’ two-storey penthouse. These homes are priced up to $8million (£5.8million)

A kitchen area of the 'Global' two-storey penthouses on the ship, which is due to launch in 2024

A kitchen area of the ‘Global’ two-storey penthouses on the ship, which is due to launch in 2024

Each home will be decked out with flat-screen TVs, ‘climate control’ systems, adjustable mood lighting and stereo speakers. Pictured is a bedroom in one of the penthouses

Each home will be decked out with flat-screen TVs, ‘climate control’ systems, adjustable mood lighting and stereo speakers. Pictured is a bedroom in one of the penthouses

There will be ‘resident choice’ days on the ship, where those living on board get to choose where the MV Narrative docks next. Pictured is the upper level of a penthouse

There will be ‘resident choice’ days on the ship, where those living on board get to choose where the MV Narrative docks next. Pictured is the upper level of a penthouse

As for entertainment, the ship will feature one cinema, a microbrewery, three pools and a 10,000-book library.

The Spa and Wellness Centre will encompass a salon, a juice bar, a yoga studio, and a whirlpool. A statement notes that the spa is ‘perfectly situated with sweeping 180-degree views’.

What’s more, there’ll be a golf simulator, an art space, and a dance floor. A statement adds: ‘Residents are encouraged to start special interest clubs; perhaps you are a chess, photography, wine, astronomy or bridge aficionado? Start a club or join in on the fun.’

Lectures and workshops ‘on and off the ship’ will also cover topics such as architecture, finance, local geography, philanthropy and art history. 

Pictured is the ship's 10,000-book library. Lectures and workshops ‘on and off the ship’ will also cover topics such as architecture, finance, local geography, philanthropy and art history

Pictured is the ship’s 10,000-book library. Lectures and workshops ‘on and off the ship’ will also cover topics such as architecture, finance, local geography, philanthropy and art history

One of three pools on board. The ship's Spa and Wellness Centre will feature a yoga studio, and a whirlpool

One of three pools on board. The ship’s Spa and Wellness Centre will feature a yoga studio, and a whirlpool

Pictured is the ship's Marina Lounge. Residents will be charged a ‘living fee’ to cover expenses such as maintenance and food on board the ship

Pictured is the ship’s Marina Lounge. Residents will be charged a ‘living fee’ to cover expenses such as maintenance and food on board the ship

The ship will spend between one and five days docked in ports around the world. A sample itinerary shows that residents will be able to explore the likes of Venice, the Maltese capital of Valletta, and Athens on a tour around the Mediterranean. 

There will also be ‘resident choice’ days, where those living on board get to choose where the ship docks next. Residents are welcome to invite guests on board when the ship is docked.  

For more information visit storylines.com.

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BUSINESS LIVE: UK jobs exceed pre-Covid levels; THG earnings to miss forecasts; 888 revenues jump 14%










British employers added a record 184,000 staff to their payrolls in December, shrugging off the Omicron variant of Covid-19 and taking total staff numbers to 1.4 per cent above their pre-pandemic level in February 2020.

The broader unemployment rate for the three months to the end of November fell to 4.1 per cent, the Office for National Statistics said on Tuesday, below economists’ forecasts in a Reuters poll for it to hold at 4.2 per cent.

Online retail platform THG reported a 29.7 per cent rise in fourth-quarter revenue, putting it on track for the year, but it cautioned that adjusted core earnings margin would fall short of market expectations due to adverse currency movements.

The company, which has beauty and nutrition businesses as well as e-commerce services, said the early part of 2022 was expected to be a more challenging comparable period due to global lockdowns a year ago and record commodity prices within its nutrition division.

888 Holdings posted a 14 per cent rise in annual revenue despite a slowdown in the fourth quarter, as the online gambling firm benefitted from sustained growth in casino gaming during the pandemic and expansion into regulated markets.

The London-listed company said the revenue for the year ended 31 December rose to $972million (£712.7million), while fourth quarter revenue fell 16 per cent compared with a strong 2020 when lockdowns drove online gaming.

>If you are using our app or a third-party site click here to read Business Live

You're hired: In December 2021 there were 29.5 million employees in the UK, up 184,000 on November levels and up 409,000 on pre-Covid levels

You’re hired: In December 2021 there were 29.5 million employees in the UK, up 184,000 on November levels and up 409,000 on pre-Covid levels

 

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BUSINESS CLOSE: FTSE 100 rebounds; House prices grow at fastest rate since 2007; Aston Martin shares bounce; Shell rewards investors










The FTSE 100 has closed up 0.5 per cent at 7,485.3, after struggling for direction for most of the day, and having fallen by almost 1 per cent yesterday.

The more UK-focused FTSE 250 ended down 0.3 per cent at 23,353.25.

House prices were 9.8 per cent higher in December than a year earlier, marking the sharpest annual increase since July 2007, monthly figures from mortgage lender Halifax show. 

British car giant Aston Martin Lagonda successfully achieved its target to sell around 6,000 vehicles to wholesalers in 2021.

The sports car manufacturer revealed its wholesale sales jumped by 82 per cent to 6,182 last year, including slightly over 3,000 units of its DBX model to take a 20 per cent share of the luxury SUV market.

Shell said it would go ahead with its plan to return $5.5billion to shareholders through share buybacks after the sale of its US shale business. 

It also expects profits at its gas trading division to be ‘significantly higher’ in the last quarter of 2021 as it cashes in on rising prices.

 >If you are using our app or a third-party site click here to read Business Live           

UK house prices saw their sharpest annual increase since July 2007 last year

UK house prices saw their sharpest annual increase since July 2007 last year 

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