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Erika Jayne says she was joking about PK, Dorit Kemsley breakup

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Erika Jayne is backtracking on her comments about Dorit and Paul “PK” Kemsley’s marriage. After PK shaded Jayne on Instagram for claiming his marriage was on the rocks, the “Pretty Mess” singer commented on his post claiming it was all in good fun. “When did you get so sensitive? You know damn well I was joking..” the reality star wrote. Erika Jayne claims she was joking about friends PK and Dorit Kemsley’s potential split. Instagram/theprettymess Over the weekend, Jayne predicted her “Real Housewives of Beverly Hills” co-stars would be the next Bravolebrities to divorce during a panel at BravoCon. After being asked which relationship was headed to “Splitsville,” the 51-year-old initially dodged the question, saying she felt “bad.” However, she quickly changed her tune and marched to centerstage before revealing “Dorit and PK.” PK and Dorit have both spoken out about Jayne’s comments. Instagram/doritkemsley Many “Housewives” and fans of th...

‘We sold millions of records but I didn’t have a car’

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[ad_1] What was your first wage? I lasted half a day at a job and was never an employee again. Aged 15 I got a summer job at a commercial greenhouse, going up on scaffolding to paint all the white wooden frames separating thousands of panes of glass.  The first day was hot, and I began painting and stepped straight through the glass. I ended up on my back in the flowerbed and got fired, without being paid the $5 hourly wage. After that I taught guitar lessons and played in bands. Have you ever worried about not being able to pay the bills? After university I sold my motorcycle for $400, bought a backpack and landed in London. I took the hovercraft across to France and busked my way around western Europe and ended up back in London in September. I had to figure out how to get home. In those days you went to the American Express office to get messages and I saw a card: “Flights to New York £100”. And it wasn’t until I was getting ready to get on the plane that I discovered the ...

FTSE 100 outperforms global markets as pound has its worst year since 2016

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[ad_1] The FTSE 100 has ended the year up almost 1 per cent, outperforming the more domestic-focused FTSE 250 and global stock markets. In a tumultuous 12 months that saw global markets slump 20 per cent rocked by the Ukraine war, inflation and concerns of recession, the FTSE 100 emerged as a winner.  The UK bluechip index closed the last session of the year down 0.8 per cent, or 61 points, to 7,451.7, but that still leaves it up 0.9 per cent in 2022 as a whole, having started the year at 7,384. FTSE 100 has ended 2022 up 0.9%, compared to a 20% fall for the FTSE 250 and global indexes This is thanks to the type of stocks that are part of the index - for example oil and mining companies - as well as the fact that many of them make their sales in dollars, which this year has surged against most other currencies.  'This is all about its make-up – many more defensive names, guns, tobacco and alcohol - and lots of oil; hardly any tech or growth,' explains Neil Wilson, ...

European natural gas prices fall back to pre-Ukraine war levels

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[ad_1] Mild temperatures help European natural gas prices fall back to pre-Ukraine war levels as electricity made from renewables in UK rises to 40% European future gas contracts dropped below €77 per megawatt hour yesterday Milder temperatures have helped countries preserve their gas reserves  Renewable power sources generated 40% of Britain's electricity in 2022 By Camilla Canocchi for Thisismoney.co.uk Published: 12:00 EST, 29 December 2022 | Updated: 12:00 EST, 29 December 2022 European natural gas prices have briefly dropped back to levels last recorded just before Russia's invasion of Ukraine in February, thanks to lower demand for heating. The month-ahead Dutch TTF gas contract dropped below €77 per megawatt hour yesterday - its lowest level in 10 months - before rising back to around $85 today, data from Refinitiv shows. Unusually warm temperatures for this time of the...

Domino's Pizza owner under fire over late Russia exit

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[ad_1] Domino's Pizza owner 'evaluating its presence' in Russia as it comes under fire over late exit By Archie Mitchell For The Daily Mail Published: 16:50 EST, 28 December 2022 | Updated: 16:50 EST, 28 December 2022 The owner of Domino’s Pizza in Russia is considering pulling out of the country – ten months after Vladimir Putin invaded Ukraine. DP Eurasia, which also owns the chain’s franchise in Turkey, Georgia and Azerbaijan, is ‘evaluating its presence’. The London-listed firm is looking at the impact sanctions are having on its business. It is the latest firm considering pulling out since the war on Ukraine began. Still in Russia: Domino's Pizza owner DP Eurasia iDP Eurasia is looking at the impact sanctions are having on its Russia business Global businesses have incurred huge costs by shutting up shop in Russia. McDonald’s, for example, took a hit of up to ...

ALEX BRUMMER: Privatised firms left struggling with a public sector culture

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[ad_1] The shareholdings amassed by activist overseas investors in key British communications enterprises including Royal Mail, BT and Vodafone raised red flags on Whitehall over potential security and public interest conflicts. Looked at from the viewpoint of billionaires such as the ‘Czech sphinx’ Daniel Kretinsky, who has a 23 per cent stake in Royal Mail owner International Distribution Service (IDS), and Swiss-Israeli telecoms titan Patrick Drahi, with 18 per cent of BT, these companies present a terrific business opportunity. The share prices of Royal Mail, BT and Voda are depressed by a variety of factors. Strikes: The Communications Workers Union seems unwilling to accept that Royal Mail is now fully in the private sector and executives are hidebound by competitive pressures These include management shortcomings, union intransigence, neglect of investment and a catastrophic failure of UK pension funds to invest in FTSE companies. One may not approve of the way in w...

Big Short author to bring rise and fall of Bankman-Fried to big screen

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[ad_1] Big Short author set to bring rise and fall of crypto tycoon Sam Bankman-Fried to the big screen By Calum Muirhead For The Daily Mail Published: 16:50 EST, 28 December 2022 | Updated: 16:50 EST, 28 December 2022 A book and film are expected to be made about the spectacular rise and fall of crypto tycoon Sam Bankman-Fried and his exchange FTX. Michael Lewis, who wrote best-sellers The Big Short and Moneyball, both of which were made into movies starring Brad Pitt, recently met Bankman-Fried who is under house arrest on fraud charges. Lewis, 62, spoke to the former crypto billionaire for several hours last week at Bankman-Fried’s parents’ home in California. Crypto wunderkind: FTX founder Sam Bankman-Fried is led away in handcuffs  during his extradition to the United States The collaboration has been ongoing for six months, the New York Post reported, during which time Ban...

MARKET REPORT: Footsie positive for 2022 despite a year of turmoil

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[ad_1] The London stock market resumed trading on the front foot – putting it on course to end a turbulent year on the up. On the first day back following a long weekend, the FTSE 100 rose 0.3 per cent, or 24.18 points, to 7497.19 while the FTSE 250 climbed 0.3 per cent, or 55.42 points, to 18,885.50. The rally fuelled hopes that the blue-chip index will end the year above the 7384 level it started at, despite 12 months of turmoil. Late rally: On the first day back following a long weekend, the FTSE 100 rose 0.3%, to 7497.19 while the FTSE 250 climbed 0.3%, or 55.42 points, to 18,885.50 The same cannot be said of the FTSE 250 however, which remains well below its starting point of 23,480.  Benchmarks across Europe and the US are also down on the year, with the technology-heavy Nasdaq off some 35pc since the start of 2022. Investors have endured a roller-coaster year as war in Ukraine, sky-high inflation and rising interest rates hit shares worldwide. Technology stocks in the...

Easyjet, Ryanair and Wizz Air caught up in Italian price fixing probe 

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[ad_1] Easyjet, Ryanair and Wizz Air caught up in Italian Christmas flights price fixing probe By Daily Mail City & Finance Reporter Published: 16:51 EST, 28 December 2022 | Updated: 16:51 EST, 28 December 2022 Italy's competition watchdog is probing Easyjet, Ryanair and Wizz Air over price-fixing allegations. The AGCM is investigating a claim over prices for flights to and from Sicily during the Christmas holidays. Consumer group Codacons alleged 'a specific collusive will' to push up prices. It also targeted Italy's state-owned ITA Airways.  Allegations: Italy's competition watchdog is investigating a claim over prices for flights to and from Sicily during the Christmas holidays Sicilians are sensitive about flight prices as many who live and work in northern or central Italy travel back for Christmas. Codacons highlighted Ryanair, Wizz Air, Easyjet and...

Rolls-Royce boss Warren East leaves engine-maker on road to recovery

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[ad_1] The day after he relinquishes control as the chief executive of Rolls-Royce, Warren East will be skiing in the French Alps. It comes after seven-and-a-half tumultuous years steering the aircraft engine maker through a blizzard of crises – and a downhill ride for the share price. Rolls-Royce is now worth just over £7billion, less than half of its value when East took over in the summer of 2015. Tumultuous tenure: Warren East will step down after seven and a half years on New Year’s Eve Yet he cannot have known when he joined that during his time at the helm he would face a battle for its continued existence. ‘I’m very privileged to have been given the opportunity to run this company for a little while in its 120-year history so far,’ East told the Mail. ‘My mission has been to make sure there’s another 120 years.’ At the same time, East has had to ensure that a company which, when he started, was ‘96 per cent fossil fuels’, would have a future amid the drive to net z...

Our Super Sleuth's expert guide to forcing firms to deal with your complaints

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[ad_1] On the case: Our sleuth knows the best ways to complain  To have any chance of getting your complaint resolved, you need to find the right person to speak to. Sounds easy, doesn’t it? Well, often it turns out to be far trickier than you’d thought. It really is surprising how shy and retiring (I’m being polite) some organisations are, and don’t publish the relevant contact details on their websites, even for customer services. Luckily, I enjoy the detective work and relish the challenge of tracking down these elusive souls. But it shouldn’t be this hard. Today, while I don’t want to do myself out of a job as Money Mail’s regular Readers’ Champion, I am sharing my top sleuthing — and complaints-solving — tips. It means you can try to get your case settled before the last resort — contacting Sally Sorts It. Detective tip 1:  Cast the net far and wide First up, if you’re not sure who to talk to about a complaint, or customer services isn’t responding, a determined dig a...

SALLY SORTS IT: Insurer wouldn't pay because I ONLY had cardiac arrest

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[ad_1] I am a fairly fit 60-year-old. But in September 2021 I suffered a cardiac arrest at home, and then again a few more times in the ambulance on the way to hospital. I had to have a pacemaker fitted to keep me alive. I have a critical illness policy that I took out in 1996 with a company called Pegasus when I went self-employed as an IT consultant.  The policy transferred to Scottish Provident in 2006 and it is now managed by Royal London. Denied: A health insurance customer was left stunned when he was told he was not covered for cardiac arrests despite being covered for heart attacks Premiums have risen to about £500 a month now I'm older, with cover of £244,000 if a critical illness is diagnosed. After my recovery, I asked about making a claim but was flabbergasted to discover that while my policy does cover a heart attack, it does not cover cardiac arrest. My friend who had a similar policy had a heart attack and, following a successful claim, paid off his mort...

Older drivers hit by insurance rise

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[ad_1] Older drivers hit by insurance rise: Premiums for motorists aged between 65 and 80 up 16% on last year By Tilly Armstrong For The Daily Mail Published: 16:50 EST, 27 December 2022 | Updated: 16:50 EST, 27 December 2022 Drivers who are over the age of 50 face steep increases in the cost of car insurance. The average premium for motorists between 50 and 64 was £320 in November — a 16 per cent rise on the same month in 2021, data from Compare the Market reveals. Premiums for 65 to 80-year-olds have also gone up 16 per cent to £274 — an average of £39 more than last year. Premiums for drivers aged 65 to 80 have also gone up 16%  to £274 - an average of £39 more than last year Meanwhile, the overall average premium has increased by 14 per cent annually. Premiums are rising as insurers pass on higher costs of claims to customers. These have increased because of hikes in the val...

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