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Jan 28 12 tweets 3 min read
In only 12 months Denise Coates, her family and the business she started from a cabin pitched in a car park 22 years ago has contributed £481.7 million to the public purse💰thetimes.co.uk/article/who-is…
Break it down any way you please. This is enough money to pay the salaries of 14,400 nurses or 13,160 secondary school teachers, enough to buy eight new F-35 jets for the RAF. Hell, it could even fund a mile and a bit of HS2🚄

Britain's top taxpayers👇
Today’s gambling apps and websites allow punters to bet round the clock on an array of sports all over the world.

Gaming can be done discreetly from the palm of a punter’s hand, with apps that are easy to use — but have serious implications for those who become addicted📱
Even before the pandemic the Gambling Commission, the industry regulator, estimated there were 400,000 problem gamblers in the UK, with about 55,000 of these aged 11 to 16
But evidence is building that the isolation of lockdowns and home working, growing financial insecurity and other anxieties fostered a climate ripe for a boom in online gaming
You might wonder what Bet365 and other gambling giants do to help alleviate the harm people do to themselves through their services. The first two pages of Bet365’s latest annual report — written in Coates’s name — is in fact dominated by “safer gambling” initiatives
The passage highlights a new “time-out” tool that allows customers to impose a “personal curfew” on their betting and gaming. There is also mention of an early-risk detection system, which aims to identify customers getting themselves into financial trouble
The quiet queen of British gambling has been feted as the country’s most successful “self-made” female entrepreneur.

Her salary soared to £421.2 million in 2020 — almost certainly the biggest pay packet in British corporate history
A low profile may also have softened the criticism of Coates and Bet365. TV appearances and interviews are almost always declined. Those who have met her speak of her lack of “airs and graces”
“I don’t enjoy the attention,” Coates said in a rare newspaper interview a decade ago. “I’m not saying I’m a shrinking violet — I’m not. I’ve been bossy all my life”
Coates for many years eschewed a billionaire lifestyle but her new residence is more befitting of a billionaire. Set in 52 acres, with an artificial lake, this £90 million property features a sunken tennis court, stables, ornamental gardens, workers’ cottages and a boathouse
Read more about Coates’ rise to fortune here👇thetimes.co.uk/article/who-is…

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More from @thetimes

Jan 29
British computer scientist Stuart Russell has predicted success in creating superintelligent AI “would be the biggest event in human history… and perhaps the last event in human history” thetimes.co.uk/article/is-the…
AI could lead us into a golden age, where we can enjoy lives that are no longer burdened by drudgery. Or it could destroy us as a species. Even if we learn to live with superintelligent machines, they may take all our jobs or create mayhem on battlefields thetimes.co.uk/article/we-sho…
The creation of a superintelligent AI, which Russell has likened to the arrival of a superior alien civilisation (but more likely), is an enormous challenge and a long way off
Read 14 tweets
Jan 28
🔺 NEW: England’s R rate has fallen below one for the first time since last March thetimes.co.uk/article/covid-…
The R value, a measure of the spread of Covid which represents how many people each person infected will pass the virus on to, is between 0.7 and 0.9, according to ONS.
It means that on average, every 10 people infected will infect between seven and nine others 🦠
However, rates among schoolchildren are rising again.📈

One child in ten aged between two years old and school year six was infected in the week ending January 22, the ONS said🚸
Read 7 tweets
Jan 28
Described as the “American Downton Abbey”, Julian Fellowes’s much-anticipated ten-part drama #TheGildedAge has finally arrived on the screen 📺
thetimes.co.uk/article/how-ac…
Taking place in NYC in the early 1880s, it tells a story about wealthy socialites battling for status.
🗽💰
Marian Brook, a young woman whose spendthrift father has left her penniless, moves into a Fifth Avenue townhouse with her two patrician aunts
The story features a number of historical characters and takes place against a backdrop of real events. Here, we separate the fact from the fiction 👇

⚠️Warning: spoilers may follow ⚠️
Read 12 tweets
Jan 28
Looking for something to fill your Friday evening? 📺

Look no further👇

thetimes.co.uk/article/whats-…
1⃣ The Woman in the House Across the Street from the Girl in the Window on Netflix 🪟
Kristen Bell's new mystery series is out. Bell is Anna, the woman in the house, grieving and alone, who sets her sights on the handsome new neighbour until she witnesses a gruesome murder...
2⃣ The Afterparty on Apple TV+
You’re a fan of closed-room murder mysteries? And you’re a fan of fast-moving American comedies? Then this is the high-concept show for you 🥳
Read 6 tweets
Jan 28
Denise Coates, the gambling entrepreneur, and her family have again topped The Sunday Times Tax List this year, contributing more than £480m to the public finances in 12 months
thetimes.co.uk/article/the-ta…
The founder of Bet365 heads the rankings that identify 11 individuals and families who paid more than £100m to HM Revenue & Customs in a year – a record number and four more than were found in 2021 thetimes.co.uk/article/who-is…
This surge in the number of £100m-plus taxpayers has resulted in a £510m rise in the overall tax liabilities of Britain’s 50 biggest contributors.

So, who are the top 10 biggest taxpayers? 👇
Read 11 tweets
Jan 27
Jeremy King was at work as usual yesterday at the Wolseley, his flagship restaurant in the grand old car showroom on London’s Piccadilly.

Though King is threatened with losing his castle🏰thetimes.co.uk/article/the-ba…
Shareholder Minor International say the Wolseley has gone into administration suggesting financial difficulty — which King says isn't’ the case.

🗣️“People are saying, ‘Will I still be able to come in tonight?’ Yes, absolutely!”
So despite the headlines about the group being unable to pay its bill, the restaurants are not about to close? “Absolutely not!” And will he still be at the helm? “Yes,” King says, but adds: “It’s a battle for control” thetimes.co.uk/article/the-wo…
Read 12 tweets

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