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Finance News  Previous week's stories: Estranged son nets £78m slice of Soho Estates pie Thursday 6th October 2011 Howard James, the son of Paul Raymond – dubbed the ‘King of Soho’ for his £650 million property and pornography empire, received £78 million after a settlement was finally agreed with the rest of the family following interminable negotiations with Her Majesty's Revenue & Customs over the estate. Paul Raymond died three years ago and his Soho Estates empire, which was built on the profits of pornography, controls swathes of prime London... 'Most Wanted' fraudulent solicitor charged Thursday 6th October 2011 A solicitor who appeared on Crimestoppers’ list of the ten most wanted UK fraudsters has been arrested and charged. Ajayi Seun, who was arrested for fraud offences earlier this year...
Brokers all aboard with lenders at NACFB workshop Thursday 6th October 2011 Located on the historic HQS Wellington, last week’s NACFB Regional Workshop featured interesting presentations, lovely weather and a real chance for brokers to engage with key patrons of the...
Cameron changes tack on debt speech Thursday 6th October 2011 The Prime Minister yesterday retreated from his plans to tell the public to pay off their credit card and store card bills after previews of his Conference speech were criticised. David Cameron dropped calls to pay off debt, after members of the public protested that those in the red simply cannot afford to clear their debts. Mr Cameron originally planned to say: “The only way out of a debt crisis is to deal with your debts. That means households – all of us – paying off the credit card and store card bills. After the protests, the Prime Minister changed his speech to, “The...
Businessman seduced in £200k debt-web Wednesday 5th October 2011 A bigamist who cheated her husband out of £200,000 whilst married to two others has been jailed for 16 months. Godsgift Tettegah, 39, married demolition company boss John Thurlby in 2008. Mr Thurlby, who is 26 years her senior, reportedly had no idea that she was secretly married to another Englishman, who was...
Repossession - a threat to overcome? Wednesday 5th October 2011 With repossession always a topic of some discussion within the industry, and the latest figures from charity Credit Action revealing that 99 properties were repossessed every... |
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