Under 30 and earning £1m? Here’s what you need to know April 1, 2024 The number of young millionaires is on the rise, so what risks and considerations should they be taking into account to protect their wealth? Caroline Russell has some wise words for high net worth Gen Zs The number of under-30s earning more than £1m a year has grown to a record high of 830 while [...]
Pair handed suspended prison sentences for ‘systematic’ £3m mortgage fraud March 28, 2024 Two men have received suspended prison sentences for making £3m worth of fraudulent mortgage applications following a prosecution brought by the Financial Conduct Authority (FCA).
UK property market shows steady signs of improvement as sales rise in February March 28, 2024 Green shoots continue to emerge in the property market as the number of house sales grows by a steady one per cent month-on-month in February.
Premiership rugby: Saracens make £5m loss and clubs to battle government? March 27, 2024 England’s top-flight Premiership rugby clubs are at loggerheads with the government over the repayment of loans worth over £150m from the Covid-19 pandemic. The first raft of repayments are due imminently, according to the Mail, and clubs are hoping to get repayment dates pushed back. The government is said to have provided low interest loans [...]
The UK’s biggest ISA pots revealed March 25, 2024 The UK’s biggest ISA pot is worth over £11.6m, according to new data from HMRC revealed in a Freedom of Information request.
More than £80m spent on remote working kit for ‘couch potato’ HMRC staff March 14, 2024 The taxman purchased over 175,000 laptops, tablet computers, phones, and desktops at a total cost of £82,609,759 over the last three years.
Revealed: How much luxury kitchen brand Harvey Jones owed as it was rescued from administration March 13, 2024 How much luxury kitchen maker Harvey Jones owed to its creditors when it rescued out of administration in a pre-pack deal last month has been revealed.
Hundreds of ‘erroneous’ Companies House filings reveal widespread misinformation on big firms March 5, 2024 Hundreds of "erroneous" filings made at Companies House have raised fears over a sophisticated fraud targeted at banks and other financial providers.
Appeal: HMRC faces off Blackrock over transfer pricing March 5, 2024 Blackrock Holdco 5, LLC was a structure used by Blackrock when it acquired the North American investment management business of Barclays Global Investors from Barclays Bank in December 2009.
Dame Jayne-Anne Gadhia on open banking, account closures and sexism in the City March 4, 2024 Former Virgin Money CEO and Snoop founder Dame Jayne-Anne Gadhia speaks to City A.M. about the open banking revolution, "debanking" and sexism in the City.