Banks to gain new powers to freeze large payments for fraud checks
Banks in the UK will soon be granted new powers to freeze large payments for up to four days as part of updated fraud prevention measures set to take effect this autumn. The changes are being introduced ahead of a new
Onlyfans’ Ukrainian-born owner Radvinsky reaps £1bn from adult content platform
OnlyFans, the subscription-based website best known for its adult content, has paid out £1 billion to its Ukrainian-born owner, Leonid Radvinsky, since he acquired the company six years ago. The British platform’s parent company, Fenix International, reported a record $472 million
Four million pensioners face council tax hike as single-person discount under threat
Millions of pensioners living alone could be hit with higher council tax bills if Housing Secretary Angela Rayner scraps the 25% single occupier discount, potentially compounding financial pressures as they also face losing winter fuel payments. Analysis reveals that around half
Pimlico Plumbers founder Charlie Mullins to sell £12m penthouse as he exits UK ahead of tax hike fears
Charlie Mullins, Britain’s wealthiest plumber and founder of Pimlico Plumbers, is selling his £12 million London penthouse as he prepares to leave the UK, citing concerns over potential tax hikes under Labour. Mullins, who sold his business for £145 million
Royal Mail chief warns Labour: support postal reforms or face the consequences
Martin Seidenberg, CEO of International Distribution Services (IDS), the parent company of Royal Mail, has issued a stern warning to the government, stressing that ministers will be held accountable if they do not support changes to the postal operator’s universal