Banks stockpile cash for bumper bonuses: Barclays boosts payout

Banks have begun stockpiling cash to pay out bumper bonuses in the New Year, The Mail on Sunday can reveal.  Documents show Barclays has boosted this year’s bonus pool for bankers by 9 per cent to £745million – £63million more than it set aside last year – after making huge profits at its investment bank.  … Read more

Boyfriend wins £30,000 payout from jewellers after diamond fell out of partner’s ring at Victoria

A businessman who sued jewellers after a rare yellow diamond he gave his girlfriend for Christmas fell out of her ring and was lost in Victoria Station has been handed £30,000 compensation by a judge. In 2017 when Mark Hare bought the ‘fancy’ octagonal 3.1 carat yellow diamond for his ‘thrilled’ then partner, Olivia Claffey, … Read more

Gambler refused £1.7m blackjack payout by Betfred ‘would have made £500m on the glitch’

Gambler refused a £1.7m online blackjack payout by Betfred would have made £500million if he kept playing due to computer glitch, bookmaker tells High Court Andrew Green, 54, from Lincolnshire, won £1.7 million from Betfred in Jan 2018 The betting shop has refused to pay out claiming there was a ‘glitch’ in software Mr Green won the … Read more

Gambler refused £1.7m blackjack payout by Betfred ‘would have made £500m on the glitch’

Gambler refused a £1.7m online blackjack payout by Betfred would have made £500million if he kept playing due to computer glitch, bookmaker tells High Court Andrew Green, 54, from Lincolnshire, won £1.7 million from Betfred in Jan 2018 The betting shop has refused to pay out claiming there was a ‘glitch’ in software Mr Green won the … Read more

Standard Chartered eyes dividend payout in 2021

Standard Chartered bank signals it could restart dividend payments as soon as February By Helen Cahill, Financial Mail On Sunday Published: 21:50 BST, 10 October 2020 | Updated: 21:50 BST, 10 October 2020 Standard Chartered bank has signalled it could restart dividend payments as soon as February.  Group treasurer Saleem Razvi told investors the banking … Read more

Man fathered by police spy posing as animal rights activist in 1980s wins payout from Scotland Yard

Man fathered by police spy wins payout: Scotland Yard agrees substantial compensation over undercover officer who had an affair with animal rights activist he was monitoring in the 1980s Bob Lambert posed as a radical to infiltrate animal rights groups in the 1980s He began a long-term relationship with ‘Jacqui’ and fathered a son known … Read more

BBC war reporter wins £40,000 payout from corporation

A war journalist who sued the BBC claiming she was bullied into a dangerous assignment during which she was nearly blown up has received a £40,000 payout. News producer Natalie Morton, of Highgate, North London, was struck down by ‘severe’ post-traumatic stress disorder and anxiety following the blast in Syria. The 44-year-old said the incident … Read more

Diabetic shop worker sacked for self-isolating at start of Covid pandemic wins £7,000 payout

A shop worker with diabetes who was sacked for self-isolating at the start of the Covid-19 pandemic has been awarded a £7,000 payout by a tribunal. Jackie Reid was dismissed by the Good Health Store in the Isle of Man after following her GP’s advice because her condition made her more vulnerable to the virus. … Read more

Insurers who say terminally ill are not sick enough to get a payout 

Life insurers could soon face an inquiry into the ‘cruel and unfair’ way they treat dying customers, Money Mail can reveal. The insurance is supposed to provide you with the peace of mind that your loved ones will be financially secure if you die. Many policies will also pay out early if you are diagnosed … Read more

ALEX BRUMMER: Woodford victims braced for another paltry payout

ALEX BRUMMER: Woodford victims braced for another paltry payout after bungling liquidator dumped biotech stocks which later soared 420% By Alex Brummer for the Daily Mail Published: 21:50 BST, 31 August 2020 | Updated: 21:50 BST, 31 August 2020 Savers unfortunate enough to have put their faith in disgraced fund manager Neil Woodford will shortly … Read more