Luxury London homes still used to launder illicit funds, says report

Luxury London homes still used to launder illicit funds, says report

Luxury London homes are an “attractive method to launder illicit funds”, a government report has said as the National Crime Agency steps up its McMafia-style “dirty money” investigations into suspect funds flooding into the country. The national risk assessment of money laundering and terrorist financing 2020 has upgraded the risk level for the sector, saying:…

Punk artist Barney Bubbles joins Manet among works given to UK public in 2020

Punk artist Barney Bubbles joins Manet among works given to UK public in 2020

Barney Bubbles was once described as the “missing link between pop and culture” producing record sleeves, T-shirts and stage sets for the likes of Hawkwind, Elvis Costello, Ian Dury and Nick Lowe. He also directed the 1981 video for the Specials song Ghost Town, featuring the band glumly crammed into a 1961 Vauxhall Cresta being…

Airlines must be penalised for refusing Covid refunds, says consumer group

Airlines must be penalised for refusing Covid refunds, says consumer group

Airlines like Virgin Atlantic and British Airways should face “strong action” from regulators for refusing to issue refunds to customers complying with England’s new tier 4 Covid restrictions, consumer advocates have said. Virgin Atlantic has told customers it will offer full cash refunds only if flights are cancelled by the airline. Travellers who are hit…

Barclaycard to increase minimum credit card payments in 2021

Barclaycard to increase minimum credit card payments in 2021

Barclaycard is increasing minimum credit card payments for millions of customers in January that could almost double some bills, raising fears that struggling borrowers will come under extra pressure after Christmas, when they face the worst month for household finances. Debt campaigners say the changes – which are being rolled out to Barclaycard’s 8 million…