Times are tough for stately home owners. Yes, really — for the aristos still hanging on to their ancestral homes, owning a palace is the ultimate money pit. Highclere Castle, where Downton Abbey was filmed, is said to cost more than £1.1 million a year for the Earl of Carnarvon to maintain (before any repairs). … Read more
The billionaire heirs to the Gucci fashion and Graff diamond fortunes are among the fabulously wealthy business owners whose companies have used the taxpayer-funded furlough scheme to pay their staff, a Mail on Sunday investigation can reveal. Our probe has uncovered how despite personal fortunes of hundreds of millions of pounds, some of Britain’s richest landowners … Read more
A combination of the new £9,000 tax-free allowance and lockdowns leaving some parents with more money has led to a spike in Junior Isa savings over the last year. DIY investment platform Hargreaves Lansdown, which runs around a third of all investment Jisas, said more had been opened and more money paid in in the … Read more
A Romanian gang of ‘hackers’ who stole almost £140,000 in electronic ‘raids’ on cashpoint machines have been jailed for a total of 13 years and seven months. A court heard three of the six-strong gang arrived in the UK ‘solely and exclusively’ for the purpose of committing crime. Exact details of how the ‘sophisticated and … Read more
A Romanian gang of ‘hackers’ who stole almost £140,000 in electronic ‘raids’ on cashpoint machines have been jailed for a total of 13 years and seven months. A court heard three of the six-strong gang arrived in the UK ‘solely and exclusively’ for the purpose of committing crime. Exact details of how the ‘sophisticated and … Read more
Well, if the past year has taught us anything, it’s how important it is to have a cash fund set aside for emergencies. So while savings rates may have fallen to pitiful lows, it would be unwise to abandon cash altogether. Each year, savers plough millions of pounds into tax-free cash Isas. But the once-popular … Read more
Drivers are being quoted cheaper car insurance premiums for the first time in years. But motorists could still pay hundreds over the odds if they accept their new price without shopping around, experts warn. Insurers have long had a reputation for pushing up prices at renewal, with the so-called ‘loyalty penalty’ costing policyholders £1.2 billion … Read more
The billionaire Sackler family, who own OxyContin maker Purdue Pharma, has agreed to pay nearly $4.3 billion to resolve thousands of lawsuits accusing them of fueling the opioid crisis in the United States. The huge payment from the Sacklers is part of a larger restructuring plan filed by Purdue on Monday night that intends to get the Connecticut-based … Read more
The billionaire Sackler family, who own OxyContin maker Purdue Pharma, has agreed to pay nearly $4.3 billion to resolve thousands of lawsuits accusing them of fueling the opioid crisis in the United States. The huge payment from the Sacklers is part of a larger restructuring plan filed by Purdue on Monday night that intends to get the Connecticut-based … Read more
How to bag an Isa paying more than 1%: Nationwide launches new deal which comes with a £50 bonus for those transferring in more than £10k Nationwide’s new 18-month fixed-rate Isa will pay savers 0.75% It is open to existing customers but bonus bumps the rate up Isa rates have collapsed in the last year … Read more