But his tiny eBay shop soon became a major success, selling everything from mobile phone accessories to protein supplements.
Now the garage has made way for a massive warehouse and 30-year-old Mr Radcliffe has become the UK’s first eBay millionaire.
He owns a £700,000 home with a £150,000 Ferrari and a £118,000 Aston Martin in the […]
Gordon Brown and Alistair Darling had insisted the homebuyers’ giveaway would be worth £600m to those struggling to get a foot on the property ladder.
But according to an analysis of figures the year-long tax break is likely to save the taxpayer only £150m.
- Vote: What should we do with stamp duty?
Tory housing spokesman Grant […]
Gordon Brown and Alistair Darling had insisted the homebuyers’ giveaway would be worth £600m to those struggling to get a foot on the property ladder.
But according to an analysis of figures the year-long tax break is likely to save the taxpayer only £150m.
Tory housing spokesman Grant Shapps, who uncovered the statistics, said: ‘Gordon Brown […]
The wholesale charge that BT imposes on rivals to run internet and telephone services over its network is to rise by more than 35% by 2012.
The increases have brought a warning that as many as 800,000 households will effectively be priced out of having a broadband link to their home.
The criticism is based on […]
The Bank of England cut the base rate from 1% to just 0.5% last week - the lowest level ever.
Though it is devastating for savers, it means many existing tracker borrowers will see the rate they pay on their mortgage fall for the sixth consecutive month. Trackers are popular because the rate paid moves […]
Some of the money would help the tens of thousands of elderly people who are forced to sell their houses to pay for residential care.
The call came in advance of a Government green paper which is expected to set out long-term reforms of the system.
But the Joseph Rowntree Foundation - which has led complaints […]
Savings deposits at Tesco Personal Finance, the grocer’s banking arm, have almost doubled in the past six months.
More accounts were opened in December of last year than the whole of 2007.
It has around 500,000 savings account holders.
Yesterday Tesco unveiled plans to recruit more than 200 finance workers in Edinburgh.
Tesco Personal Finance was set up […]
The Building Societies Association today said an additional 1.2m accounts - net of closures - were opened in 2008. It meant an extra £9.9bn was held by building societies at the end of 2008 than the start.
Building societies attracted £20bn in net receipts in the 16 months after September 2007 when Northern […]
Labour’s deputy leader caused consternation at the Treasury by declaring that the former Royal Bank of Scotland chief will not get the money even if he is entitled to it in law.
That was seen as a clear indication that the Government is ready to pass a special Act of Parliament to strip Sir Fred […]
Lord Turner, the chairman of the Financial Services Authority, said he was looking at outlawing home loans worth close to 100% of a property’s value.
Even deposits of ten or even 15% of a property’s value may not be enough to secure a mortgage, he told the Treasury Select Committee.
If the FSA pushes ahead with […]
© 2008 Daily Financial News