Billionaire John Caudwell: Britain needs to stop criticising the wealthy and start celebrating success Property Phones4U founder John Caudwell’s new Riviera development features a £250k statue of himself. Billionares should be proud of their success, he tells Felix Armstrong “If I was trying to purely make money, I would have built student accommodation in Manchester and put another 5,000 Chinese people in there,” billionaire and philanthropist John Caudwell says as [...]
Billionaire exodus should not be UK’s headline concern Opinion Billionaires are good for headlines, but it's what's happening lower down the corporate food chain that interests Susannah Streeter.
Betfred billionaire brothers share huge Peninsula pay day Business The billionaire founders of betting giant Betfred have shared another bumper payday after the continued success of HR giant Peninsula. Founded by Peter Done in 1983, the Manchester-headquartered group provides services for the likes of the Co-op, Fred Perry, David Lloyd, Dreams and PayPal. The group is run by Peter Done and is a separate [...]
Profit slashed at billionaire’s asylum accommodation empire November 5, 2025 Profit at one of the Home Office’s providers of asylum accommodation has been slashed in half during its latest financial year, it has been revealed. Clearsprings Ready Homes, which is run by ‘asylum king’ Graham King, has posted a pre-tax profit of £58.7m for the 12 months to 31 January, 2025. That total is down [...]
Specsavers: Sales and profit rise as bumper pay day scrapped October 14, 2025 Specsavers has scrapped the bumper dividend it has been handing to its billionaire owners despite its sales and profit growing during its latest financial year. The chain has paid out £15m in each its last two financial years to founders Dame Mary Perkins and her husband Doug. Over that time, Specsavers’ turnover has increased from [...]
Del Boy billionaire’s empire returns to profit after rescue deals October 9, 2025 The retail empire owned by the so-called ‘Del Boy billionaire’ and behind The Range and Wilko, returned to the black before rescuing the Homebase brand, it has been revealed. Chris Dawson’s Norton Group Holdings has reported a pre-tax profit of £10.5m for the year to 2 February, 2025, new accounts filed with Companies House show. [...]
JCB billionaire banks record £866m pay day October 3, 2025 The billionaire Bamford family paid themselves £866m despite JCB’s sales and profit being slashed in 2024, it has been revealed. The Staffordshire-headquartered manufacturer issued the huge dividend which was up significantly from the £300m it paid out in 2023. The dividend total from 2023 had previously been JCB’s largest pay out in a decade until [...]
Profit spikes at Asda billionaire’s property empire September 29, 2025 Profit at the property empire co-founded by a billionaire backer of supermarket giant Asda spiked to a new record in 2024, it has been revealed. Monte Blackburn was set up by brothers Mohsin and Zuber Issa in 2016 and has a number of property interests across the North West of England. The billionaire brothers, who [...]
HMRC doesn’t know how many billionaires are in Britain July 16, 2025 HMRC does not know how many billionaires pay tax in the UK or how much they contribute, a group of MPs have warned, despite the outsized share of tax revenues they contribute, piling yet more scrutiny on the feasibility of a blanket wealth tax. In a report examining how to tax wealthy individuals, the Public [...]
UK loses more billionaires than any other country July 9, 2025 The UK has lost the most billionaires of any country in the world in the last two years, fresh data has shown, exacerbating fears that Britain’s footloose super-rich residents would continue to flee the country if forced to pay a wealth tax. According to updated numbers from New World Wealth, the UK lost a quarter [...]