April 13, 2025
Fixed Assets

China charity boss investigated over sex-for-cash demand to desperate mother of sick child

Zheng revealed that the 9958 Project, which is designed to help children with severe illnesses, is one of the most “resourceful” initiatives within the foundation. Lei, who is now under investigation by the authorities, was head of the project for central China, in charge of Henan and Hubei provinces, reported The Paper. It is unclear

Read More
Financial Assets

RUTH SUNDERLAND: Labour waging war on the wealthy

Wealthy likely to quit UK if Rachel Reeves forges ahead with barrage of taxes Costs to wider society of squeezing the rich: some of them create jobs  Driving such people away is inimical to growth agenda Reeves claims to pursue  By Ruth Sunderland for the Daily Mail Updated: 21:50, 11 August 2024 Big ideas: Chancellor

Read More
Financial Assets

Pension warning as ‘significant delays’ hit retirement savings

Retirees are facing “significant delays” in accessing their pension savings, according to experts. Research conducted by My Pension Expert is sounding the alarm over the waiting times for pension transfers between providers. Data from over 5,163 pension transfers in the 2023/24 financial year found Britons waited 28 days on average for ceding companies to move funds

Read More
Financial Assets

Benefit fraudster confesses to failing to inform DWP he was earning money as musician

A benefits cheat has confessed to failing to tell the Department for Work and Pensions he was earning thousands of pounds he was ineligible for. Stewart Gray, 49, who lives in Onchan on the Isle of Man, had been on Income Support – but neglected to tell the DWP about a side gig as a

Read More
Financial Assets

Nationwide Building Society cuts interest rates for personal loans

Nationwide Building Society has slashed interest rates once again in another win for borrowers. The high street lender has announced it has cut rates on personal loans for those borrowing over £7,500 This comes after the Bank of England’s decision to reduce the UK’s base rate from a 16 -year high. The central bank’s Monetary

Read More
Financial Assets

UK stocks claw back their losses after turbulent week in City amid fears of recession in US

By Jessica Clark Updated: 21:51, 9 August 2024 UK stocks clawed back their losses after a turbulent week in the City amid fears of a recession in the US. Investors’ nervousness about a slowdown in the world’s largest economy kicked off the chaos, which was accelerated by an interest rate hike in Japan and concerns

Read More
Financial Assets

Britain’s WORST savings accounts named and shamed… so is YOURS on our financial expert’s list of shame?

Today Money Mail exposes the 100 worst savings accounts offered by banks and building societies. Not one even exceeds 2 per cent, despite the Bank of England base rate having stood at 5.25 per cent for 12 months. In other words, banks have got away with paying you a pittance while lining their own pockets. Twenty-one

Read More
Financial Assets

Virgin Money UK PLC Resolvability Assessment

      VIRGIN MONEY UK PLC (Company or Virgin Money UK)   LEI: 213800ZK9VGCYYR6O495   6 August 2024   VIRGIN MONEY UK PLC RESOLVABILITY ASSESSMENT   The Company has today published its Resolvability Assessment in line with Prudential Regulation Authority (“PRA”) guidance. The Bank of England (“BoE”) has also published its assessment of the resolvability

Read More
Financial Assets

How Olympians make money from their moment of glory

It was resold through an auction house in 2010 for $310,700. Another member of the same gold-medal winning team sold his medal for $262,900 in 2014, saying that he wanted to be able to fund his daughter’s future. It’s possible to buy older Olympic medals for as little as $1,283, which is what one silver

Read More