BRIEFING

Fears of divorce block family windfalls

Keep it in the family: divorce and extravagant spending are top worries of family lenders
Keep it in the family: divorce and extravagant spending are top worries of family lenders
ALAMY

Nearly a third of parents are unwilling to give financial help or an inheritance to their married children, for fear that divorce would result in assets leaving the immediate family, research by Investec Wealth & Investment has revealed. About 20% were concerned that an inheritance would be spent on extravagances such as expensive holidays.

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“Are fans right to be angry that big clubs stand accused of dirtying the beautiful game with excessive greed and tax dodging?”
Tory MP Charlie Elphicke, speaking in parliament, on some footballers’ use of tax-avoidance schemes

3.7% The rise in London house prices in 2016 — a sharp fall from the 12.2% recorded the previous year, according to Nationwide building society. The average cost of a UK home increased by