Where ‘broke’ Floyd Mayweather won and lost his money from $1bn career earnings from lavish parties to diamond bling – The Sun

FLOYD MAYWEATHER joined Michael Jordan and Tiger Woods on the elite list of sportsmen to have made a billion dollars during their careers.

Yet he has still been forced to deny "crazy" accusations that he needs to make yet another boxing comeback because he has somehow blown his extraordinary wealth.



In November the 43-year-old announced he is "coming out of retirement in 2020" and would be working with UFC boss Dana White on a "spectacular event".

Former UFC title challenger Chael Sonnen reckons Mayweather is "broke" and has to fight once more for a desperately needed payday.

Sonnen said: “I will tell you unequivocally, right now, Floyd Mayweather does, and is planning, to box one more time.

“Floyd’s broke. You’ve got to understand, the only thing more embellished than Floyd Mayweather’s pay-per-view numbers is Floyd Mayweather’s net worth, and he made a lot of money, but remember this: It does not matter what you made, it matters what you kept, and he is a dumb-dumb."

Despite officially retiring in 2017 after beating UFC star Conor McGregor in a money-spinning crossover bout which is said to have earned the American £300m, Mayweather has resorted to charging fans £1,200 for online meet-and-greets.

He also went on a UK tour before the coronavirus pandemic, with former friend and now rival 50 Cent claiming the boxer's "money's gone" and will “be at your local nightclub because he needs that action right now”.

But how could Mayweather possibly have frittered away his entire fortune?

He still regularly posts videos on his social media flaunting his impressive jewellery collection, chains and stacks of cash.

11
Mayweather himself has confessed for having a passion for watches, and in January last year showed off his 41-piece collection with a £14m ‘Billionaire watch' by Jacob & Co the most expensive of the lot.

As a Las Vegas resident he is also an avid gambler, and according to Terezowens, Mayweather won nearly £2.3m betting on college football in 2012.

But the gamble doesn't always pay off.

According to diaspora7 sources in 2018, the five-weight champion was in nearly £40m debt from betting, and wanted to rematch Manny Pacquiao to pay it off.

In 2009, he was forced to pay £4.5m back in taxes and in 2018 settled for £600,000 with the Securities and Exchange Commission for failing to disclose payments.

Before fighting McGregor, Mayweather owed the IRS £17.8m, and sued them so that he could pay the debt after his lucrative bout with the Irishman.

During the pre-fight build up, The Notorious voiced his concern at Mayweather's apparent gambling issue.

McGregor said: “He needs to let that gambling go – he’s a bit heavy on that gambling. He’s always talking about doing it and then not doing it.

"I certainly know he has a big-time gambling problem, from seeing him. He gambles on half-times and things like that.


"He shows what his wins are, never shows what the losses are. Maybe that’s why he’s in the position he’s in and he had to take this fight. I’m focused on the fight, not gambling.”

And in 2018, rapper 50 Cent said: “He gets in an uncomfortable space when he spends the money.

“He going try to spend it all… the money, the gambling and the girls get him every time.”

Mayweather has a whole garage of luxury vehicles including FIVE Rolls-Royces worth over a staggering £2m.

That is on top of his Vegas home worth £8m, a Miami property costing £6.2m and Beverly Hills mansion which he spent £19m on.

Throughout his career the boxing legend would also fly on his own private jet, which he now uses in retirement as he travels the world.

Despite the overwhelming amount of spending, Mayweather is said to have earned at least £500m alone for his fights against McGregor, Pacquiao and Saul 'Canelo' Alvarez.

Before facing McGregor, Mayweather showed off the guaranteed $100m cheque he was given by the Nevada State Athletic Commission, which he claimed was uncashed.



And McGregor swiftly replied: "That's for the taxman."

Just last month Mayweather revealed he would "absolutely" come out of retirement to rematch McGregor, or fight UFC lightweight champion Khabib Nurmagomedov, but wants £480m to face the two.

He said: “Like I said before, I’m retired but I’m not retired from getting a couple of dollars.

“If I’m able to entertain the world and have some fun, and this is easy entertainment and I can make $600million with two guys, why not?

“If I can go get $600 more million invested and leave it to my children and my grandchildren and my loved ones, why not? Absolutely.”

Nurmagomedov's manager Ali Abdelaziz had told TMZ Mayweather was "begging" to box the UFC champion, because he needed the money. 

Abdelaziz said: “Floyd Mayweather to this day keeps begging to fight Khabib – begging!

“Floyd’s running out of money. I’m telling you, people are reaching out to me every week about Floyd to fight Khabib but at the end of the day, we’re not interested – for now.”

Mayweather – who continues to promote fighters – still shows off his endless stacks of cash and jewellery online, and insisted during his time in Britain that he is NOT running out of money any time soon.

He said: “It’s crazy. You guys hear things about ‘Floyd needs money'. I don’t need (anything) but I don’t mind making some more money."

And you wouldn't bet against him doing exactly that.


Source: Read Full Article

Missguided is selling matching loungewear for you and your dog

Workwear. Wow what a concept.

Remember shoes? And suits and blazers? These are just memories of yore now that we’re under a global pandemic lockdown.

Loungewear is the new office attire. And seeing as our pets are now our colleagues, it’s only right they dress for the part.

Enter Missguided. The fashion retailer is offering matching loungewear for you and your dog so you can both work from home in style.

Stunt on your neighbours on your daily government-sanctioned walk or just do it for the ‘Gram.

From doggie jumpers to hoodies and T-shirts, Missguided can turn your pet into the most extra pooch around. 

If you love Prince then you’ll love the Purple Rain slogan tees.

You can put your feet up and get cosy with your pooch in these graphic tees that will set you back £8 for the dog t-shirt, and £18 for the similar adult version. The dog hoodies are available in size small, medium, and large.

What size is my dog?

Small: chihuahua, mini dachshund, small yorkie

Medium: Jack Russell, border terrier, yorkie, mini schnauzer, pug, mini poodle, cavalier, cocker cpaniel, dalmatian

Large: large Westie, large cocker spaniel, beagle, old English sheepdog, rottweiler

You can also opt for a Missguided slogan hoodie for £8. Choose a colour for yourself and one for your pooch. They even have matching sweatshirts in the same style.

Dragon print is in right now and you can twin with your dog with this trendy dragon embroidered bodysuit for £22 and its dog counterpart for £7.20 (which is a hoodie).


Clearly people are loving the stuff as some of the items are already out of stock. But be sure to check the Missguided website to see when they replenish their stock.

If you don’t care about matching but still want to see your beloved pet in cute lil garms, then Missguided has a doggie clothing section you might enjoy.

Whatever you decide to dress them in, don’t forget to share the snaps.

Coronavirus latest news and updates

  • Visit our live blog for the latest updates: Coronavirus news live
  • Read all new and breaking stories on our Covid-19 news page
  • Coronavirus symptoms explained
  • Find out the latest on which shops can stay open in a lockdown
  • Who needs to go to work, who needs to stay at home and who is classed as a key worker?

Source: Read Full Article

Gangs of London Sky air date: When does Gangs of London start? How many episodes?

Gangs of London is a new series which follows the struggles between rival gangs across the globe, and it is set in present-day London. The series promises to be full of action and intense fight scenes, and critics have already described it as having similarities to Peaky Blinders. Express.co.uk has everything you need to know about when the series airs on Sky and what viewers can expect to see from the episodes.

When does Gangs of London start?

For those who have already taken an interest in shows like Peaky Blinders and films like The Raid, they will be pleased to hear the new series airs on Sky Atlantic today (April 23).

The series was created by award-winning filmmaker, Gareth Evans, and The Times described it as “the new drama series we will all be hooked on”.

The first hour-long episode will air at 9pm on Sky Atlantic, but all the episodes will be available to watch at once online.

In the first episode of the Sky Original fans will meet Finn Wallace (Colm Meaney), London’s most powerful criminal, until he is shot head and it is left to his son Shaun (Joe Cole) to find out who ordered the hit.

Evans has been consistently posting about the new series on his social media pages, and Cole has also been sharing teasers for the episodes.

Cole posted the poster for the new series on his Instagram, with the message: “Staying in might not be so bad after all. All episodes of Gangs of London out April 23.”

The episodes will also be available to stream on Now TV for those who do not have access to Sky.

READ MORE

  • Gangs of London start date, cast, trailer, plot: When is series on Sky

How many episodes in Gangs of London?

The series is made up of nine hour-long episodes, and all nine will be dropping online on Sky and Now TV at the same time.

Fans can either be brave and binge-watch the series, or if they want the suspense to last a little longer they can watch the episodes individually.

The episodes get more and more intense every time, so it will be hard for fans to turn off their TVs, but the storyline is a lot to take in so they will need to stay focussed.

The plot follows the Wallace family, many of whom are professional criminals, in their bid to find out who killed Finn and plot their revenge.

Fans have already expressed their excitement over the new series, with one fan saying on Twitter: “Buzzing to tune right into that Gangs of London starting on Thursday.”

Another fan said: “I’ve just binge-watched/previewed Gangs of London and it’s such an amazing, action-packed thriller. Love the fight scenes as well!”.

Alongside Peaky Blinders actor Cole, Sope Dirisu features in the series as Elliot Finch, a lowlife who ends up becoming involved with the Wallace family in ways he never would have imagined.

The British actor has starred in a number of films including The Huntsman: Winter’s War and Sand Castle, as well as TV series like Humans, Black Mirror and The Halcyon.

Lucian Msamati stars as Ed Dumani, a gang member who considers Shaun Wallace to be his son, as he was a best friend of Finn Wallace.

The actor played the role of Salladhor Saan in Game of Thrones, and he has also starred in His Dark Materials and Luther.

Michelle Fairley joins the cast as Marian Wallace, Shaun’s mother who has been forced to accept her way of life as a gang member and has become hardened to violence.

She is broken after the death of her husband and wonders whether Shaun, who has been given the title as man of the house, is up to the challenge of taking over as leader.

On the Chris Evans breakfast show, Cole described it as a “high-octane” series with “a lot of action”, and he said it “was not for the faint-hearted”.

DON’T MISS…
Save Me Too star Lennie James reveals real reason for huge time jump [INTERVIEW]
Westworld season 3 location: Where is Westworld filmed? Where set? [EXPLAINER]
Westworld season 3 cast: Who is in the cast of Westworld? [EXPLAINER]

For two decades, Finn Wallace was the biggest name in the criminal world and his organisation was worth billions of pounds, but the Wallace family is broken after he is killed.

The Wallace family has plenty of rivals and it is left up to Shaun, who has been pushed into the role of leader, to find out what happened to him.

He works with the Dumani family – a family his father had been close to for years as they both came from similar walks of life.

The series looks at how Shaun deals with the sudden uptake of power, and how it causes “ripples in the world of international crime”, as Sky says.

Elliot Finch joins the investigation and quickly finds himself trapped in the inner workings of a huge criminal organisation in the Big City.

READ MORE

  • Fortitude season 3 streaming: How to watch Fortitude online

The creators of the series have always been fascinated with the stories of the criminal world, and looking at London as a place of corruption and crime.

With many of these types of series trying to copy American films, the producers wanted to create something completely unique and fresh.

Speaking exclusively to the media, including Express.co.uk, Gareth Evans said: “Gothemising something is like a shorthand way of describing what we were going to do, we have a shared love of world-building.

“We didn’t want to make something that felt social-realist, it’s not real-life crime as that’s been done already.”

Empire has given the series four stars, saying there is plenty of “unflinchingly ferocious screen violence” and this is where the series makes its biggest mark.

Gangs of London airs on Sky Atlantic and NOWTV on April 23

Source: Read Full Article

Find Out the Hot Behind-the-Scenes Scoop on Too Hot to Handle

So, you watched Too Hot to Handle, Netflix’s latest reality TV dating series. What now? Now you get all the scoop on what it took to make the series.

Warning, spoilers follow.

Too Hot to Handle took a handful of sexy singles known for being just that, sexy singles, and put them away in Mexico together where they were told they could win up to $100,000…if they don’t have any kind of sexual contact. Kissing cost money. Sex? It cost way more than kissing. The cast members were encouraged to form more meaningful connections with each other beyond a physical experience. Could they do it? Well, some of them could. But the cast lost a lot of money in the process, only to win some back.

Who won? Everyone still in the game walked away with some money.

How did Netflix assemble this international cast of singles ready to mingle? What’s the deal with Lana? All was revealed in the exclusive featurette.

Keep scrolling for more.

Netflix

Casting

Many cast members didn’t even apply to be on the show. “The producers found most of them on, yep, you guessed it, Instagram.” The criteria for casting? “Sexy, sexed up and charismatic.”

Netflix

The Twist

The producers saw over 100 possible contestants before locking in the cast you’ve come to know and love and to narrow the pool down, they asked a number of invasive questions, including how frequently the subjects masturbated, but didn’t clue them into why they were asking. The cast only heard the sexless twist when already in production.

Netflix

What They Knew

All the cast knew going into the show was that it required time in the sun, there was a prize and it was related to dating.

Article continues below

Netflix

Assembling the Stars

To ensure that the cast members—who came from all around the world—didn’t meet, each star was on a different flight with different layovers. They even had a handler from production with them at all times while they traveled to set. They were then kept in isolation for three days, only meeting at the villa while cameras rolled.

Netflix

When It All Took Place

Filming took place a year before it premiered in April 2019.

Netflix

The Villa

All the sexy action took place on the west coast of Mexico. The cast really lived there and were sequestered there, forbidden to leave, for the entire production shoot. You can stay there, if you have more than $15,000 laying around. The price includes a private chef, which the contestants had as well, but no word if it comes with the same crate of snacks the cast got.

Article continues below

Netflix

Privacy

The rooms of the villa were equipped with mics and cameras, but no crew, so the cast could go and speak in (some) privacy. Five separate cameras followed them around on the beach, during workshops and on dates.

Netflix

No Phones

Production took phones, books, iPads and other forms of entertainment so the cast would be encouraged to flirt and interact. Aside from the rare moment, the cast had no access to the outside world.

Netflix

Alcohol Consumption

Production restricted the intake of alcohol from the cast. According to Netflix, the thinking was too many drinks the price money would go away fast.

Article continues below

Netflix

Lana

Too Hot to Handle had no human host, rather there was Lana. Production worked on several prototypes while deciding on what shape to give the AI host And where did the name come from? Spell it backwards…

Too Hot to Handle season one is now streaming on Netflix.

Source: Read Full Article

Saudi activist warned to expect 'same fate as Jamal Khashoggi'

Saudi activist in London was warned to expect ‘the same fate as Jamal Khashoggi’ after alerting the world to tribe’s eviction from land earmarked for Crown Prince’s new megacity

  • Alya Abutayah Alhwaiti says she received death threats from Prince’s supporters
  • It came after she raised international awareness about Neom – a new megacity
  • Its construction will force out the Howeitat tribe who have lived there for years
  • It comes a week after a protestor from the tribe was killed by Saudi government 

A Saudi activist in London was warned to expect ‘the same fate as Jamal Khashoggi’ after alerting the world to a tribe’s eviction from land earmarked for the Crown Prince’s new megacity. 

Alya Abutayah Alhwaiti claims she received death threats on the phone and on Twitter from people she believes are supporters of Crown Prince Mohammed bin Salman.

It came after she raised international awareness about Neom – a planned city which will stretch across the Tabuk region’s border with Jordan – the construction of which will force out the Howeitat tribe who have lived in the area for hundreds of years. 

‘We can get you in London,’ Ms Alhwaiti told The BBC she was warned in a call. ‘You think you are safe there, but you are not.’

Alya Abutayah Alhwaiti says she received death threats after raising awareness of the construction of Neom (pictured in an artist’s impression), a futuristic planned city backed by crown prince Mohammed bin Salman

Alya Abutayah Alhwaiti claims she received death threats on the phone and on Twitter from people she believes are supporters of Crown Prince Mohammed bin Salman (pictured), in response to her highlighting the tribe being forced out

Ms Alhwaiti added that she was also threatened with ‘the same fate that happened to Jamal Khashoggi’. 

She has reported the threats to the British police. 

Khashoggi, a Saudi journalist and critic of the crown prince, was murdered by government agents inside the Saudi consulate in Istanbul in 2018. Intelligence agencies believe his murder was carried out on the prince’s orders, which the Saudi government denies.  

It comes after Saudi Arabia last week admitted it killed a protester who refused to leave his home and make way for the Crown Prince’s megacity project.

Abdul-Rahim al-Howeiti was shot dead by security forces in Al-Khuraybah, near the Saudi border with Jordan, the government confirmed.

He had posted videos online alerting the world that Saudi security forces were trying to evict him and Ms Alhwaiti later circulated the clips.  

Jamal Khashoggi (pictured), a Saudi journalist and critic of the crown prince, was murdered by government agents inside the Saudi consulate in Istanbul in 2018

In the videos, al-Howeiti vowed to defy the government’s eviction order. In one, he said he expected the authorities to plant weapons in his house to incriminate him. 

Government media claimed al-Howeiti had ‘shot at security forces’ and thrown Molotov cocktails to protect land he regarded as belonging to his Howeitat tribe. 

The government said al-Howeiti had ‘shot at security forces while holed up behind sandbags at the top of the building’.

The statement went on: ‘He did not respond to appeals to surrender and as a result of continued shooting and the throwing of Molotov cocktails, security forces neutralised the threat.’

Officials claimed that an arsenal of weapons which included machines guns, pistols and Molotov cocktails were found at the scene.  

This version of events was vigorously denied by Ms Alhwaiti, who insisted that Abdul Rahim al-Howeiti did not have any firearms.

On Wednesday, she posted photographs and video footage from his funeral near the village of al-Khoraibah, which she said was well-attended despite the presence of Saudi security personnel.

Ms Alhwaiti said of the tribe: ‘They are not against the building of Neom. They just don’t want to be forcibly evicted from a land their families have lived in for generations.’

She said eight of Abdul Rahim al-Howeiti’s cousins had been arrested for protesting against the eviction order, but that together with human rights activists in the West they were hoping to mount a legal challenge. 

Neom is a planned city which will stretch across the Tabuk region’s border with Jordan and will function as both a tourist destination and a ‘smart city’.

The project is scheduled to be completed by 2025 and will cost an estimated $500billion.

The Howeitat tribe have lived in the area for hundreds of years and were mentioned by T.E. Lawrence after he worked with them during World War I.

The tribe has expressed dismay at being forced to relocate from the area where Neom is being constructed, allegedly without any consultation from the Saudi authorities.

The Wall Street Journal reported in 2019 that up to 20,000 people could be forcibly removed from the area to make room for the Crown Prince’s project. 

Source: Read Full Article

Chris Cuomo's Wife Reveals 14-Year-Old Son Has Contracted Coronavirus

The difficult turn for the Cuomo family comes just days after Chris was able to come up from quarantine in the basement after both he and his wife had contracted COVID-19.

The Cuomo family is not out of the COVID-19 woods, as Chris’ wife Cristina revealed on Wednesday night that their 14-year-old son Mario has tested positive for coronavirus.

According to a post shared to Instagram with throwback pictures of the family, Mario is experiencing many of the classic symptoms of the virus, including the loss of taste and smell.

"My heart hurts more than my head over his infection," Cristina wrote. "This virus does not discriminate. While kids are more resilient, they can suffer [the] same severity of symptoms."

This comes after both Chris and Cristina have battled their way through COVID-19. In fact, it was just earlier this week that Chris celebrated coming up from the basement, where he had been quarantined with the virus for three weeks.

He said that both he and his wife had been cleared by the Center for Disease Control and Prevention. The popular host had been broadcasting his show from quarantine in his basement. They share two other children, 17-year-old Bella and 11-year-old Carolina.

On this 50th anniversary of Earth Day, show kindness toward our planet and every creature who inhabits it, as the transcendent photographer, adventurer, preservationist and raconteur Peter Beard advised us. My old friend’s recent death offers an eerily timely punctuation on this virus and a reminder that we can’t forget to protect one another, and the animals that roam the Earth. 🌏🌏🌏 This virus has created a different version of me. My hope is to be stronger, healthier, smarter about the virus at large. 💙💙💙After 10 days of ups and downs, feeling good one-day and terrible the next, I am now working toward getting my son, Mario, through the virus. My heart hurts more than my head over his infection. This virus does not discriminate. While kids are more resilient, they can suffer same severity of symptoms. I’m applying a modified version of my remedies for his protocol with a focus on lots of vitamins. Since his sense of smell and taste have disappeared, I am feeding him healthy foods that I normally can’t get him to touch. I kept a diary of the past week including my remedies and things that I did to stay sane through it all. 🙏 Link in bio, as they say.

A post shared by Cristina Cuomo (@cristinacuomo) on

"After 10 days of ups and downs, feeling good one-day and terrible the next, I am now working toward getting my son, Mario, through the virus," Cristina wrote of her own recovery experience. She said that her experience with the virus had "created a different version of me" and that her "hope is to be stronger, healthier, [and] smarter about the virus at large."

Cristina did admit she’s taking advantage of this situation to feed her son "healthy foods that I normally can’t get him to touch." She also said that she’s "applying a modified version of my remedies for his protocol with a focus on lots of vitamins."

New York Governor Andrew Cuomo expressed his support for the family in an interview with Chris Wednesday night, assuring his brother that Mario is "going to be okay."

"Thank you for your concern, Andrew. Thanks for caring about my family, and about me, and thank you for fighting for the people of your state," Chris told his brother sincerely, as covered by Just Jared.

Despite Chris’ best efforts to isolate himself from his family immediately upon finding out he had tested positive for COVID-19 in early April, his wife succumbed to the illness two weeks later. Now, even though they continued following quarantine protocols, another member of the family has fallen ill.

At the same time, it’s good that both Chris and Cristina have been cleared of their own battle with the virus so that both are in a stronger and healthier place to help their son navigate through it.

Source: Read Full Article

France to ban companies registered in offshore tax havens

France becomes latest country to ban companies registered in offshore tax havens from coronavirus bailouts, following Denmark and Poland

  • The Finance Minister said they won’t be eligible for €110 billion rescue package
  • Companies in Denmark and Poland with tax havens will not access bailout funds 
  • The UK has yet to make the move, although experts say it is unlikely to happen 
  • Here’s how to help people impacted by Covid-19

France has become the latest country to ban companies registered in offshore tax havens from coronavirus bailouts, following Denmark and Poland.   

The French Finance Minister Bruno Le Maire announced today that companies either registered or controlling subsidiaries in tax havens are ineligible for the €110 billion rescue package.

‘It goes without saying that if a company has its tax headquarters or subsidiaries in a tax haven, I want to say with great force, it will not be able to benefit from state financial aid,’ Le Maire told France Info radio.  

Finance Minister Bruno Le Maire (pictured) announced today that companies either registered or controlling subsidiaries in tax havens are ineligible for the €110 billion rescue package

Le Maire added: ‘There are rules that must be followed. If you have benefited from the state treasury, you cannot pay dividends and you cannot buy back shares.’

‘And if your head office is located in a tax haven, it is obvious that you cannot benefit from public support.’ 

Of France’s €110 billion package, four billion has been reserved for struggling startups, while €20 billion is being kept for larger firms, such as Air France. 

The UK has yet to make the move, although experts say it is unlikely authorities will do so. 

The UK, the Netherlands, Switzerland, and Luxembourg all have provisions making them attractive to businesses that also allow them to be registered offshore. 

Poland and Denmark are also banning companies that are registered in tax havens from accessing financial aid during the coronavirus pandemic, making France the third country to make the move. 

Denmark, which has spent billions on aid for companies experiencing drastic drops in revenues due to a wide-ranging government lockdown, announced an extended aid package worth 100 billion Danish crowns (£11 billion) on Saturday.

But in an amendment to the aid measures, which now total close to 400 billion crowns, companies registered in tax haven countries will no longer be eligible for aid.

Danish Prime Minister Mette Frederiksen (pictured) has banned companies that are registered in tax havens from accessing financial aid during the coronavirus pandemic

The Danish finance ministry said in a translated statement: ‘Companies seeking compensation after the extension of the schemes must pay the tax to which they are liable under international agreements and national rules.’

‘Companies based on tax havens in accordance with EU guidelines cannot receive compensation, insofar as it is possible to cut them off under EU law and any other international obligations.’

Additionally, firms applying for an extension of Danish state aid must now promise not to pay dividends or make share buy-backs in 2020 and 2021, it said.

The new restriction applies to firms registered in countries on the European Union’s list of ‘non-cooperative tax jurisdictions’, according to Rune Lund, tax spokesman for the leftist Red-Green Alliance.

‘When we spend billions of taxpayers’ money on saving companies and jobs, they need to go to that purpose and not get sent to a tax haven on the other side of the world,’ Lund told Reuters.

The list, which Lund said was not comprehensive enough, currently has 12 countries on it including Panama, the Seychelles and the Cayman Islands.

Polish Prime Minister Mateusz Morawieck (pictured during a parliamentary debate on April 16) said that companies must pay domestic business taxes before they can claim any of the country’s £5 billion bailout funds

The government said companies would be allowed to pay dividends again if they pay back aid.

Poland, one of Europe’s most vocal opponents of tax havens, was the first to restrict large firms’ access to state aid based on whether they pay taxes in Poland on April 8.

Polish Prime Minister Mateusz Morawieck said that companies must pay domestic business taxes before they can claim any of the country’s £5 billion bailout funds. 

‘Let’s end tax havens, which are the bane of modern economies,’ he said. 

Estimates of tax evasion vary widely, but tax havens collectively could cost governments between $500 and $600 billion a year in lost revenue from corporates, according to some researchers.

Source: Read Full Article

The View alum Candace Cameron Bure says daytime show was her ‘toughest job’ for constantly ‘fighting’ to voice opinions – The Sun

CANDACE Cameron Bure has revealed that throughout her varied career on television, her role as co-host on talk show The View was the “most difficult” she’s ever had.

The star opened up about how tough it was to always feel like “you’re fighting to speak your opinion.”

Although Candace left The View in 2016 after just two seasons, she’s recently spoken about the role that saw her co-host alongside Whoopi Goldberg, Joy Behar, Raven-Symone, Michelle Collins, Paula Faris, Sara Haines, Jedidiah Bila and Sunny Hostin.

Talking candidly about the show in the May issue of Good Housekeeping, she said: "That was a super tough job.

"It helped me grow a lot, but that was the most difficult job I've had to date… you always feel like you're fighting to speak your opinion."

She left the show shortly after Raven, citing her work on Netflix's "Full House" revival, other TV projects and the constant bicoastal travel as reasons for her exit.


Candace told the magazine that keeping up on all the political stories was "tiring," and noted her conservative POV made it "harder" to get her points across to the show's more liberal audience and co-hosts.

The "Fuller House" star was a co-host on the morning show for just two seasons from 2015-2016.

Candace revealed that going forward, she'd be down for more talk shows in the future – but only if it's "a little lighter and more fun" than the ABC series.

The 44-year-old also spoke to the magazine about the end of "Fuller House," which will come to a close after the final nine episodes drop later this year.

"If I am forever known as D.J. Tanner and everyone's big sister, I will be thrilled and happy," she said.

"Full House and Fuller House have brought so much joy, comfort, and love to so many people. There's nothing more I want to be associated with than wonderful and positive things. I embrace the show as an adult just as I embraced it back when I was 10 years old."

Source: Read Full Article

UK universities face £2.5bn financial 'blackhole'

UK universities face £2.5bn financial ‘blackhole’ due to 121,000 drop in lucrative overseas students in new term – with up to 48,000 fewer from China

  • Universities could face a £2.5 billion funding ‘black hole’ amid coronavirus crisis 
  • There could be 121,000 fewer students from abroad in the 2020/21 intake
  • Up to 48,000 of these will be from China as they stay away during the pandemic
  • Tens of thousands of jobs risk being lost if government fails to take action, report warns 
  • Here’s how to help people impacted by Covid-19

Universities could face a £2.5 billion funding ‘black hole’ amid predictions that 121,000 fewer students from abroad will enter higher education during the coronavirus pandemic, a report has warned. 

Tens of thousands of jobs risk being lost if the Government fails to take urgent action to mitigate the impact of the crisis, according to research carried out for the University and College Union.

The union is calling on the Government to underwrite any funding lost from a drop in student numbers to ensure universities are not ‘damaged’ when conducting research into Covid-19.

Nearly three in four universities across the UK – which amounts to around 91 institutions – could be left in a ‘critical financial position’ amid the pandemic, the report suggests. 

Already a number of prestigious universities, like Imperial College London, have announced cost-saving measures in a bid to protect finances

The total numbers expected not to take up university places is 230,000, according to the report, with 110,000 from the UK, and 121,000 from abroad. 

Chinese students make up 40% of that, so figures suggest 48,000 fewer travelling from China to attend university in the autumn.

Universities that cater for a large number of international students, who pay more in tuition fees, are set to be hit hardest by a drop in income in the next academic year.

The analysis, by London Economics for the University and College Union (UCU), warns that a fall in student numbers will lead to £2.5 billion of fee and teaching grant income being lost. 

Universities that cater for a large number of international students, who pay more in tuition fees, are set to be hit hardest by a drop in income in the next academic year. Pictured: The Bodleian Libraries, at the University of Oxford, is deserted during coronavirus lockdown

The report also warns that an estimated 30,000 university jobs are at risk, and a further 32,000 jobs are under threat throughout the wider economy, without Government intervention.

The total economic cost to the country from the reduced economic activity generated by universities amid a loss in income is estimated at more than £6 billion, the analysis suggests.

It comes after vice-chancellors warned this month that universities were likely to face ‘financial failure’ amid the Covid-19 crisis without emergency Government funding of at least £2 billion.

Universities UK (UUK) said the sector could face major financial risks in the next academic year amid a predicted sharp fall in international students and a rise in home student deferrals.

Already a number of prestigious universities, such as Oxford and Imperial College London, have announced cost-saving measures in a bid to protect finances.

Alistair Jarvis, chief executive of Universities UK, said the government must take ‘urgent action’ to provide support to universities

Jo Grady, UCU general secretary, said: ‘This alarming report shows that university staff and students are now staring over the edge of a cliff and desperately need the government to step in and protect the sector.’

She added: ‘Our world-renowned universities are doing crucial work now as we hunt for a vaccine and will be vital engines for our recovery both nationally and in towns and cities across the UK. It is vital that the government underwrites funding lost from the fall in student numbers.

‘These are unprecedented times and without urgent guarantees, our universities will be greatly damaged at just the time they are needed most.’

Alistair Jarvis, chief executive of Universities UK, said: ‘The union is absolutely right to warn of the knock-on impacts this would have for jobs, regional economics, local communities and students.

‘Government must take urgent action to provide the support which can ensure universities are able to weather these very serious challenges, and to protect students, maintain research, and retain our capacity to drive the recovery of the economy and communities.’

Rebecca Long-Bailey, shadow education secretary, is calling on the Government to underwrite all institutions to secure their future and their role in the country’s economic recovery.

She said: ‘The Government must step in to support universities and mitigate their funding shortfall to prevent the significant economic impact this report predicts.

‘UK universities must be valued as part of the frontline response to the coronavirus pandemic, supplying students to the NHS and conducting world-class research into the virus.’

But Nick Hillman, director at the Higher Education Policy Institute (HEPI), said the research should not be regarded ‘as the final word’ on how coronavirus may affect student numbers.

He said: ‘The report assumes higher education will be considerably less attractive in 2020-21 but, in a deep recession, there are good reasons why people opt to delay the end of their formal education.

‘The crisis may nudge people who have just left school (or indeed have just graduated) but were undecided about what to do next to stay on in education.’

Source: Read Full Article

Senior Tory MPs demand ‘step-by-step’ end to coronavirus lockdown with Nicola Sturgeon to outline Scotland’s plan TODAY – The Sun


SENIOR Tory MPS have demanded a "step by step" plan to end the lockdown within weeks.

The calls come as Scottish First Minister Nicola Sturgeon jumps ahead of the UK government to announce Scotland's plans to end lockdown.

⚠️ Read our coronavirus live blog for the latest news & updates


Ms Sturgeon stressed the strict measures were still "absolutely necessary, but said Scotland needs "to chart a way forward" ahead of releasing their guide to ending lockdown today.

The First Minister revealed students may be allowed back to school part-time, with social distancing still in place.

She told Heart Radio: "We might have kids going back to school for certain days a week.

"We may have to have children in a classroom so that we can have social distancing."

Ms Sturgeon's announcement will come only hours after the Government's Chief Medical Officer Chris Whitty admitted the UK might have social distancing measures in place until next year.

Discontent is growing among Conservative backbenchers who are calling for a clear, "safety-first" exit strategy from shutdown to protect the economy.

Treasurer of the 1922 Committee Sir Geoffrey Clifton-Brown is one of the leading voices in the demand for answers.

He told BBC Radio 4: "We need to start this discussion of how we get back to normality.

"Whatever we do needs to be done gradually, when the figures start to stabilise more in three to four weeks, hopefully we could begin to think about what's the next step."

He said it was essential to open up parts of the economy, to rescue them from being completely decimated by the lockdown.

"I see no reason why garden centres, DIY stores with proper social isolating couldn't begin to open.

"We have to think about the number of small businesses, who unless they get some form of business, may have to cease trading.

"We have to accept that at the moment a relatively small amount of the population has been exposed to the virus – we are going to expose more people to the virus

"We have to on behalf of the businesses of this country, begin to give them a little bit of hope.

"People have been cooped up home and some will be able to get quite difficult mental problems as a result of that.

Sir Geoffrey and other members of the 1922 Committee of Tory backbenchers called a private meeting yesterday where they unanimously expressed deep concern of the continual lockdown, according to The Times.

Boris Johnson has made it clear the UK will not leave lockdown unless several conditions are met – including a steady drop in new infections and deaths.

The Government has said they will not begin to talk about how the lockdown will end until these conditions are met, and the focus should be on people staying home.

Last night Professor Whitty said the nation was still weeks away from seeing a significant decline in numbers.

Professor Whitty said: "We are working with a disease we are going to be with globally for the foreseeable future."

"(There are) lots of options which ministers will have to consider."

They key to ending lockdown was to ease measures in way where no infected person is, on average, infecting more than one person.

Give now to The Sun's NHS appeal

BRITAIN’s four million NHS staff are on the frontline in the battle against coronavirus.

But while they are helping save lives, who is there to help them?

The Sun has launched an appeal to raise £1MILLION for NHS workers.

The Who Cares Wins Appeal aims to get vital support to staff in their hour of need.

We have teamed up with NHS Charities Together in their urgent Covid-19 Appeal to ensure the money gets to exactly who needs it.

The Sun is donating £50,000 and we would like YOU to help us raise a million pounds, to help THEM.

No matter how little you can spare, please donate today here

www.thesun.co.uk/whocareswinsappeal

Northern Ireland First Minister Arlene Foster has said measures could be eased at a different pace than in other parts of the UK.

She said the criteria for easing restrictions "will be set down and agreed" by the Northern Ireland executive as well the UK Government.

She told Cool FM this could mean "different parts of the UK move (at) different times".

Sir Geoffrey said: "The nation is quite divided on this and it's up to the government, I think, to exercise leadership."

"Unless we do something fairly soon the economy is going to take a real hit."

Vice Chairman of the committee Sir Charles Walker said "There has got to be an economy to go back to.

"All MPs right now are dealing with dozens if not hundreds of local businesses that are fearing for their future.

"Building capacity within the NHS, reducing infection rates has to be the precursor to lifting the economic lockdown. If we don’t do this many good and strong businesses will not open their doors again.

"The consequences for millions of people will be potentially devastating."

CORONAVIRUS CRISIS – STAY IN THE KNOW

Don't miss the latest news and figures – and essential advice for you and your family.

To receive The Sun's Coronavirus newsletter in your inbox every tea time, sign up here.
To follow us on Facebook, simply 'Like' our Coronavirus page.
Get Britain's best-selling newspaper delivered to your smartphone or tablet each day – find out more.

 

 

 

Source: Read Full Article