This Is Money

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Palantir CEO Alex Karp bought 37,000 acres of forest in Sweden and immediately banned hunting. 🌲 Palantir CEO Alex Karp has quietly purchased around 37,000 acres of forest land in Sweden through a company he controls. The deal reportedly only became public after local hunting groups were informed that their long-standing hunting rights on the land had been revoked. The forest, located in Sweden's Härjedalen region, was reportedly acquired for around 235 million Swedish kronor (£17 million). A condition of the purchase was that hunting would no longer be permitted on the property, ending leases that some local groups had held for generations. The move has sparked debate in Sweden, with supporters arguing that private landowners should be free to decide how their land is used, while critics have raised concerns about wealthy foreign buyers acquiring large areas of countryside and restricting traditional activities. Karp has not publicly detailed his plans for the land, but the purchase is part of a growing trend of billionaires acquiring large tracts of land around the world. #ThisIsMoney #Money #News #UK

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EMPLOYERS SHOULD TEACH PRIMARY SCHOOL CHILDREN ABOUT WORK SAYS REPORT Children as young as four should start learning about different careers, according to former minister Alan Milburn, who says introducing young people to the world of work earlier could help tackle rising numbers of those not in education, employment or training. His review also recommends making work experience mandatory for 14 to 16 year olds, with placements taking place in real workplaces and supported by employer feedback. The latest figures show around 981,000 people aged 16 to 24 in the UK were not in education, employment or training between April and June 2026. While some parents support the idea of career talks in primary schools, others argue children should be allowed to enjoy their childhood without additional pressures. Teaching unions have welcomed the discussion but warned schools are already facing significant demands on time and resources. #ThisIsMoney #Money #News #UK

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Britain's second richest person has left the UK for Monaco. 💰 David Reuben, the billionaire property tycoon and Newcastle United shareholder, has reportedly moved from the UK to Monaco, becoming the latest wealthy business figure to relocate overseas. Reuben, 88, and his brother Simon Reuben are ranked second on the Sunday Times Rich List, with a combined fortune of nearly £28 billion. A spokesperson confirmed the move, although no official reason was given. Monaco is a popular destination for high-net-worth individuals because it does not levy income tax, capital gains tax or inheritance tax on residents. His departure follows several other high-profile exits by wealthy Britons, including Sir Jim Ratcliffe, Sir Lewis Hamilton and Chris Rokos, amid ongoing debate around UK tax policy. #ThisIsMoney #Money #News #UK

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UK diesel price hits record high of £2 a litre. ⛽📈 The average price of diesel in the UK has reached £2 a litre for the first time ever, setting a new record and piling further pressure on motorists and businesses. RAC data shows the average diesel price has climbed to 200.01p per litre, surpassing the previous record set in 2022. Diesel prices have surged by more than 40% since February, with rising costs linked to ongoing disruption in global fuel supplies and concerns over diesel exports. Filling a typical 55-litre family car with diesel now costs around £110, roughly £32 more than before the latest supply crisis began. Experts warn the increase could have a wider impact on the economy, as higher fuel costs are often passed on by haulage firms, delivery companies and other businesses that rely heavily on diesel vehicles. #ThisIsMoney #Money #News #UK

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NYC launches £7,500 grants for artists, including aspiring rappers. 🎤💰 New York City Mayor Zohran Mamdani has announced that city-funded grants for individual artists will double from $5,000 to $10,000 (around £7,500) for the first time in nearly 20 years. The funding is available to a wide range of creatives, including musicians, filmmakers, writers, dancers and visual artists. The announcement has gone viral after social media users pointed out that aspiring rappers can also apply, leading some people to describe it as NYC paying people to start rap careers. However, the programme is not limited to rappers and is part of a broader arts funding initiative open to eligible artists across the city. Mayor Mamdani said the increase is intended to help artists cope with rising living costs and ensure creative talent can continue to afford to live and work in New York City. #ThisIsMoney #Money #News #UK

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Antarctica is seeking volunteers and workers with some roles paying up to £100,000 a year. ❄️💰 The Australian Antarctic Program is recruiting people to live and work at its research stations in Antarctica, with some positions offering annual pay packages worth up to £100,000 once allowances are included. Successful applicants receive free accommodation, meals and additional isolation allowances while spending up to a year on the frozen continent. The programme isn't just looking for scientists. Roles are available across a wide range of professions, including IT specialists, electricians, plumbers, carpenters, mechanics, chefs, doctors, meteorologists and biologists. Applications for the 2027/28 Antarctic season are due to open throughout October, with workers helping to support scientific research in one of the most remote environments on Earth. The catch? You'll be living thousands of miles from home, with months of isolation, extreme weather and temperatures that can plunge well below freezing. #ThisIsMoney #Money #News #UK

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Can you guess if these famous actors are Millionaires or Billionaires? 🤑 #ThisIsMoney #Money #News

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Tesco becomes the first UK supermarket to offer paid leave for victims of domestic abuse. Tesco has become the first UK supermarket to introduce guaranteed paid "safe leave" for employees experiencing domestic abuse. Under the new policy, staff can take up to three days (21 hours) of additional paid leave, separate from their annual holiday allowance, to deal with urgent matters such as finding emergency accommodation, attending court hearings, arranging childcare, changing locks or separating finances. Employees will not be required to provide formal evidence of abuse to access the leave. Tesco has also trained managers to recognise the signs of domestic abuse and help staff access specialist support services. The supermarket, which employs around 300,000 people across the UK, developed the policy alongside trade union Usdaw, which hopes other employers will follow suit. #ThisIsMoney #Money #News #UK

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What’s it REALLY like being a London black cab driver? 🚕💷 @Hannah Talks Politics and @prashanleigh spent one shift with Bahrain, London’s youngest black cabbie at just 21, to find out how he learned The Knowledge, what he can actually earn and whether becoming a cabbie is still worth it in 2026. Would you do one shift as a London black cab driver? 👀 #OneShiftWith #London #BlackCab #Careers #Money

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A thunderstorm… inside a spa? ⛈️🧖 We headed to Milan to try one of its most unusual wellness experiences and answer the all-important question: is it really #WorthTheHype? #Money #thisismoney #spa #milan

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Japan has tightened its permanent residency rules, with application fees rising to more than £950. 📈 Japan has introduced stricter permanent residency rules from 1 October 2026, including a sharp increase in application fees from ¥10,000 to ¥200,000 — equivalent to around £950. The changes also introduce tougher requirements around income levels, tax payments and pension contributions, making it harder for applicants to qualify for permanent residency. From April 2027, applicants will also be required to demonstrate basic Japanese-language proficiency as part of the process. The measures come as Prime Minister Sanae Takaichi's government moves to tighten immigration controls, despite Japan's foreign resident population reaching a record 4.12 million people at the end of 2025. #ThisIsMoney #Money #News #UK

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Is burnout real or have we just got too comfortable calling normal work stress “burnout”? According to Mental Health UK’s 2026 Burnout Report, 39% of workers aged 18-24 took time off work in the past year because of poor mental health caused by pressure or stress. But are young people genuinely more burned out or are we just less willing to put up with the pressures previous generations did? @Hannah Talks Politics wants to know what you think? #GenZ #Burnout #Careers #ThisIsMoney #burnedout