Sunday Times Rich List 2012: The Results.

NEW WIFE BOOSTS FORTUNE OF BRITAIN’S RICHEST PERFORMER, SIR PAUL McCARTNEY
 
DAVID AND VICTORIA BECKHAM ADD £25 MILLION IN A YEAR TO THEIR COMBINED WEALTH
 
CHRIS MARTIN AND GWYNETH PALTROW JOIN BRITAIN’S RICHEST 1,000 WITH £72 MILLION FORTUNE
 
SPOTIFY FOUNDER DANIEL EK WORTH £190 MILLION
 
 
Sir Paul McCartney, Britain’s richest performer, moves up to third place in the latest Sunday Times Rich List Music Millionaires Top 50, thanks largely to his marriage in October to Nancy Shevell..
The chart of The Top 50 Music Millionaires in Britain and Ireland is included in The Sunday Times Rich List 2012, the definitive annual guide to wealth in Britain and Ireland to be published in an extra 104-page magazine free with The Sunday Times this weekend. The richest sportsmen will appear in The Sunday Times Sport Rich List 2012 published on May 6. Additional guides to wealth will appear at thesundaytimes.co.uk/richlist from April 29, with the Richest 2,000 people in Britain available from May 13.
The family fortune of Sir Paul McCartney has gone up by £170m in a year – from £475m to £665m – thanks largely to the personal wealth of his new wife Nancy Shevell, who has a £150m stakein New England Motor Freight, the haulage business led by her father. Nancy Shevell is vice-president of the New Jersey-based business. Performing and album sales account for the other £20m added to the McCartney fortune in the last year.
David and Victoria Beckham have seen their joint fortune rise by £25m, to £190m, in the last twelve months to put them in the top 10 of the Music Millionaires chart. Former Spice Girl Victoria’s clothing and accessories company was named designer brand of the year at the 2011 British Fashion awards. Husband David has boosted his earnings off the pitch by a further £4m with a new bodywear contract from H&M.
The continued popularity of Coldplay has helped to boost the joint wealth of Chris Martin and Gwyneth Paltrow, who also join the ranks of Britain’s 1,000 richest people for the first time with a £72m fortune.
This year The Sunday Times Rich List Music Millionaires Top 50 includes the wealthiest performers from the Republic of Ireland, where the four members and manager of U2 have seen their combined fortune rise by £59m to put them in fifth spot.
Daniel Ek, the Swedish founder of the digital music download service Spotify, joins the Beckhams in the Music Top 10, also with a £190m fortune. The Spotify business is valued at £1.2 billion. Ek, a London-based Arsenal supporter, has a stake worth £190m in the popular music download service which he started in 2008 and was launched in America last year.
THE SUNDAY TIMES RICH LIST 2012
THE TOP 50 MUSIC MILLIONAIRES IN BRITAIN AND IRELAND

 

Music rank
Name
2012 wealth
2011 wealth
1
Clive Calder
£1,350m
£1,300m
2
Sir Cameron Mackintosh
£725m
£675m
3
Sir Paul McCartney and Nancy Shevell
£665m
£495m
4
Lord Lloyd-Webber
£590m
£680m
5
U2
£514m
£455m
6
Simon Fuller
£375m
£375m
7
Simon Cowell
£225m
£200m
8
Sir Elton John
£220m
£195m
9
Michael Flatley
£192m
£214m
10=
David and Victoria Beckham
£190m
£165m
10=
Daniel Ek
£190m
New
10=
Sir Mick Jagger
£190m
£190m
13=
Olivia and Dhani Harrison
£180m
£170m
13=
Sting
£180m
£180m
15
Keith Richards
£175m
£175m
16
Jamie Palumbo
£170m
£150m
17
Denis and Caroline Desmond
£165m
£185m
18
Ringo Starr
£160m
£150m
19
Sir Tim Rice
£144m
£143m
20
Sir Tom Jones
£140m
£140m
21
Eric Clapton
£130m
£125m
22=
Roger Ames
£120m
£120m
22=
Rod Stewart
£120m
£115m
22=
Roger Waters
£120m
£105m
25
Phil Collins
£115m
£115m
26=
David Bowie
£100m
£100m
26=
George Michael
£100m
£90m
26=
Robbie Williams
£100m
£90m
29
Ozzy and Sharon Osbourne
£95m
£95m
30
Brian May
£90m
£85m
31
Enya
£86m
£85m
32=
David Gilmour
£85m
£85m
32=
Roger Taylor
£85m
£80m
32=
Charlie Watts
£85m
£85m
35=
Chris Blackwell
£80m
£80m
35=
Robert Plant
£80m
£80m
37
Jimmy Page
£75m
£75m
38
Chris Martin and Gwyneth Paltrow
£72m
£48m
39=
John Deacon
£70m
£65m
39=
Chris Wright
£70m
£70m
41
Moya Doherty and John McColgan
£68m
£70m
42=
Noel and Liam Gallagher
£65m
£63m
42=
Engelbert Humperdinck
£65m
£60m
42=
Mark Knopfler
£65m
£62m
45
Judy Craymer
£63m
£62m
46=
Nick Mason
£55m
£55m
46=
Martin Mills
£55m
New
48
Sir Cliff Richard
£52m
£50m
49=
Gary Barlow
£50m
£38m
49=
Brian Johnson
£50m
£50m
49=
Van Morrison
£50m
£50m
 
The 24th annual Sunday Times Rich List – the definitive guide to wealth in Britain and Ireland – is published on Sunday, April 29 in an extra 104-page magazine, which profiles the 1,000 richest people and families in the UK and the 250 wealthiest in the island of Ireland. The list is based on identifiable wealth (land, property, other assets such as art and racehorses, or significant shares in publicly quoted companies), and excludes bank accounts (to which the paper has no access).
The Sunday Times Rich List 2012 is compiled by Philip Beresford, the leading authority on British wealth, and edited by Ian Coxon.

Adele Tops Rich List

 It is that time of year again, when we found out who has become extraordinarily successful and wealthy. Us next please!

ADELE TOPS YOUNG MUSICIANS WEALTH CHART WITH £20 MILLION FORTUNE IN THE SUNDAY TIMES RICH LIST – OUT ON APRIL 29
 
WOMAN IN BLACK STAR DANIEL RADCLIFFE IS BRITAIN’S RICHEST YOUNG ACTOR – WORTH £54 MILLION
 
JESSIE J, WITH £5 MILLION FORTUNE, JOINS
YOUNG MUSICIANS RICH LIST TOP 20
 
ROSIE HUNTINGTON-WHITELEY – WORTH £5 MILLION
STRIDES OUT WITH THE CATWALK MILLIONAIRES
 
JLS QUARTET STRIKE GOLD WITH £5 MILLION EACH
 
Actors, models and musicians dominate the Young Rich List of British millionaires aged 30 and under to be included in The Sunday Times Rich List 2012 published on Sunday, April 29. Sixty young millionaires will appear alongside the 1,000 richest people in Britain and the 250 wealthiest in Ireland in the definitive annual guide to wealth to be published in an extra 104-page magazine free with The Sunday Times. The richest young sportsmen will appear in The Sunday Times Sport Rich List 2012 published on May 6. Additional guides to wealth will appear at thesundaytimes.co.uk/richlist from April 29, with the Richest 2,000 people in Britain available from May 13.
Outside sport, more than half the wealthiest young people in Britain are entertainers. Actor Daniel Radcliffe, aged 22, who starred in eight Harry Potter films, heads the Young Entertainers Rich List with a £54m fortune. Radcliffe has increased his wealth by £6m in a year, helped by the success of his latest movie, the gothic thriller The Woman in Black. Twilight star Robert Pattinson has added £8m in a year to his fortune and is now worth £40m.
The young entertainer who has made the biggest gain in the last year is pop diva Adele, who has more than trebled her wealth after the phenomenal worldwide success of her second album 21. The 23-year-old songstress, from Tottenham, north London, is now worth £20m, an increase of £14m on her wealth in 2011, which puts her £8m ahead of the fortunes of Cheryl Cole, Leona Lewis and Katie Melua, who are in equal second place – each worth £12m, in the Young Music Millionaires Top 20 to be published in The Sunday Times Rich List 2012 on April 29.
The five newcomers in The Young Music Millionaires Top 20, each worth £5m, are all four members of JLS and Jessie J, 24, who has sold close to 1m copies of her album Who You Are and is a mentor on the BBC TV talent show The Voice UK. Jessie J, who has an endorsement deal with Pretty Polly tights, is one of a number of young actors and musicians who add to their wealth by modelling.
Rosie Huntington-Whiteley, worth £5m, is the latest model to join Britain’s Young Rich List. Now 25, Huntington-Whiteley, who grew up on a Devon farm, has been signed to the American lingerie brand Victoria’s Secret since 2006. Based in Los Angles she is branching out into films, with a part in Transformers: Dark of the Moon last year.
 
THE SUNDAY TIMES RICH LIST 2012 – THE RICHEST YOUNG MUSICIANS
Aged 30 and under

 

Young
music rank
2012
Name
2012 wealth
2011 wealth
1
Adele
£20m
£6m
2=
Cheryl Cole (Girls Aloud)
£12m
£12m
2=
Leona Lewis
£12m
£12m
2=
Katie Melua
£12m
£12m
5
Joss Stone
£10m
£9m
6=
Charlotte Church
£8m
£8m
6=
Craig David
£8m
£8m
6=
Paolo Nutini
£8m
£7m
9
Florence Welch
£7m
£5m
10=
Lily Allen
£6m
£6m
10=
Natasha Bedingfield
£6m
£6m
10=
Duffy
£6m
£6m
10=
James Morrison
£6m
£5m
14=
Nadine Coyle (Girls Aloud)
£5m
£5m
14=
Taio Cruz
£5m
£5m
14=
Jonathan (JB) Gill (JLS)
£5m
New
14=
Sarah Harding (Girls Aloud)
£5m
£5m
14=
Marvin Humes (JLS)
£5m
New
14=
Jessie J
£5m
New
14=
Aston Merrygold (JLS)
£5m
New
14=
Nicola Roberts (Girls Aloud)
£5m
£5m
14=
Kimberley Walsh (Girls Aloud)
£5m
£5m
14=
Oritsé Williams (JLS)
£5m
New
 
.
 
THE SUNDAY TIMES RICH LIST 2012 – THE RICHEST YOUNG ACTORS
Aged 30 and under

 

Young
actor
rank
2012
Name
2012 wealth
2011 wealth
1
Daniel Radcliffe
£54m
£48m
2
Robert Pattinson
£40m
£32m
3
Keira Knightley
£30m
£30m
4
Kiera Chaplin
£28m
£28m
5
Emma Watson
£26m
£24m
6
Rupert Grint
£24m
£24m
7
8=
Lily Cole
Sarah Harding
£8m
£5m
£6m
£5m
8=
Rosie Huntington-Whiteley
£5m
New
8=
Kimberley Walsh
£5m
£5m
 
 
 
THE SUNDAY TIMES RICH LIST 2012 – THE RICHEST IN MODELLING
Aged 30 and under

 

Modelling rank
2012
Name
2012 wealth
2011 wealth
1
Keira Knightley (Chanel)
£30m
£30m
2
Kiera Chaplin
£28m
£28m
3
Emma Watson
£26m
£24m
4
Natalia Vodianova
£16m
£15m
5
Coleen Rooney (Littlewoods)
£13m
£12m
6
Cheryl Cole (L’Oreal)
£12m
£12m
7
Lily Cole
£8m
£6m
8
9=
Lily Allen (Chanel)
Sarah Harding (Ultimo)
£6m
£5m
£6m
£5m
9=
Rosie Huntington-Whiteley
£5m
New
9=
Jessie J (Pretty Polly)
£5m
New
The Sunday Times Rich List 2012 is compiled by Philip Beresford, the leading authority on British wealth, and edited by Ian Coxon.
The Sunday Times Rich List 2012 to be published on April 29

RETIRED NATION IS SITTING ON £96.41 BILLION OF PERSONAL DEBTS

Everyone thinks it is just the young who are in debt and struggling, but new research has shown that the retired are having a tough time too. Here are some stats, and a checklist to improve your living standards and boost your income.

· Average retired person has £8,180 of personal debt

· 178,000 retired people have personal debts of £100,000 or more

New research from retirement income specialist MGM Advantage reveals that the average retired person has £8,180 of personal debt, collectively equating to a staggering £96.41billion. The average level of personal debt for a retired man is £9,007, compared to £7,350 for a retired woman.

Around 178,000 retired people each owe £100,000 or more, and just over 729,000 owe between £25,000 and £100,000. Only 57% of the retired population has no personal debt.

Amount of personal debt

Number of retired people

Between £1 and £5,000

2.486 million

Between £5,001 and £25,000

1.094 million

Between £25,001 and £100,000

729,000

Over £100,000

178,000

None

6.776 million

Don’t know

523,000

Aston Goodey, Director, MGM Advantage said: “These figures are alarming. As the cost of living continues to put pressure on household finances, many retired people will feel under growing pressure to take on debt to fund everyday living.

“There are things you can do to minimise the chances of funding your retirement through debt. It is vital that people shop around for the best annuity rate to maximise the income they receive. The difference between the best and worst rates can be as much as 50%2. People should also make sure they are claiming all of the State benefits to which they are entitled and also ensure that they have accounted for all old savings accounts and pension plans.”

On a regional basis, the average retired person in Wales has personal debt of £13,857, which is the highest in Britain. This is followed by £11,758 in the South West, and £11,255 in London.

Region

Average amount of personal debt per retired person

Wales

£13,857

South West

£11,758

London

£11,255

West Midlands

£9,417

Scotland

£8,890

North West

£8,094

South East

£7,390

Yorkshire and Humberside

£7,353

North East

£6,511

Eastern

£4,759

East Midlands

£4,164

Northern Ireland

*Sample size too small to report

MGM Advantage has published a checklist of things for people to consider when making important decisions at retirement:

1. Claim all state benefits to which you are entitled, to check, go to www.direct.gov.uk

Data suggests that pensioners are missing out on up to £5 billion a year in unclaimed pension credit, housing and council tax benefits, as well as attendance and disability living allowances.

2. Keep a track on any old personal or occupational pension arrangements, if you think you might have lost track of an old pension arrangement, you can check via the Department for Work and Pensions tracing service here http://www.thepensionservice.gov.uk/

3. You can check if you have any old savings accounts which you might have lost touch with over the years by going to http://www.unclaimedassets.co.uk/

4. Don’t just accept the annuity rate offered by your pension provider. You should shop around for the best rate and you might qualify for an enhanced rate for pre-existing medical conditions

5. Seek professional financial advice as this will help you get the best product and rate for your individual circumstances, to find an independent adviser go to http://www.unbiased.co.uk/

6. You may have old National Savings accounts or Premium Bonds, to check for unclaimed prizes please go to http://www.nsandi.com/files/asset/pdf/Tracing_brochure_v03.pdf


For further information please go to www.retirementnation.co.uk

Cheaply Does It.

With the recession kicking in people are looking for ways to save money, or make some more. Of course the best way to save money is not to spend any, but that is not convenient or realistic sometimes. At the moment inflation is kicking our butts and it costs a bomb just to go to work. If you are lucky enough to have a job.

So, what to do? There are a lot of coupon sites now. You can check for a leapfrog coupon so you can save money on little fun things, or just things you need. If you save money then you save time. So combine things that are educational and entertaining at the same time. Buy any kids or nephews/nieces you have an educational fun toy or products for their birthdays.

Entertainment can be done cheaply. DVDs can be bought cheap and cheap tickets can be found last-minute.

Another way to save is to buy in bulk. The more you buy the cheaper it usually is. If you don’t buy a lot of stuff on your own then you can go shopping with friends and then it will be cheaper for you all.

Only shopping in sales is a good way to save. Never waste your money by buying something full price. You just don’t need to nowadays. Shop online and compare prices. Also make do and mend with the things you have.

Another good way of saving is to buy expensive stuff. No, really, that old adage that if you buy cheap you buy dear is true. Buying expensive stuff will last longer and work out cheaper in the long run. Buying an expensive pair of shoes and getting them resoled regularly and polishing them yourself will make any outfit look great. You will never look literally down at heel. Also, when you buy expensive shoes you can wear high street clothes and still look stylish and well dressed.

Libraries are incredibly underused, dust off your library card if you have not used yours recently. There are tons of books, but also DVDs and CDs.

Scour charity shops for clothes, books, CDs, things for your home. Or do a swap shop. If you need to see a chiropractor then maybe think of doing a skills exchange with someone else. Everyone has something to offer someone else. Whether that is something you do as a profession or as a hobby.

Brits Neglecting Health Due to Lack of Money.

It seems the economical climate is really start to bite as Brits are cutting back on medical care.

New research by Sovereign Health Care has revealed that 63% of UK residents have delayed vital health care treatments to save money over the past 12 months, with women being the worst offenders (34%). Meanwhile more men (54%) than women (42%) said they will have to put back health related appointments this year in order to make their household budget stretch further.

The survey revealed that the economic climate has resulted in a growing number of people neglecting their health in order to try and save money. What’s perhaps even more worrying is that the vast majority of respondents (88%) say they would cancel or delay a health care appointment (such as dentist or opticians), rather than cut back on socialising and entertaining to make their money stretch further.

Although only 20% of those polled said they had been more ill over the last year, compared with previous years, 43% said they have been living with health care conditions such as a bad back, bunions and eye sight problems, as they can’t afford to get treatment – men are the worst culprits (22%). With these findings, it comes as no surprise to learn that 43% of women and 37% of men say it’s quite possible that they have forfeited their health over the past 12 months.

The survey findings also revealed that many people view certain complementary therapies as luxuries rather than necessities, including reflexology (91%), chiropody (73%) and physiotherapy (54%).

Russ Piper, Chief Executive of Sovereign Health Care says: “Delaying health care treatment is tempting when budgets are so tight, but neglecting your health is potentially more expensive and dangerous in the long run as you can increase both the severity of the problems you face and the cost of the treatment you need.”

He adds: “Treatments such as chiropody and physiotherapy can be costly, which is probably why people think of them as a luxury. However, they are beneficial for many people with health problems or injuries and they can be affordable with a health care cash plan as you can often claim back some of the costs.”

It’s not only physical health that is suffering due to the recession, but mental well-being is also being affected, with 81% of people saying they have grown increasingly more anxious about managing their household budget over the last 12 months – women were revealed as the most worried at 52%.

Bring Down The Cost of Motoring

 

Saving money on fuel is a priority according to research by Mobil 1

  • Cash strapped Brits look to save money on motoring but actually lose out where it matters most: in the engine
  • Research marks launch of Mobil 1 ESP 0W-30, a fully synthetic car engine oil approved for use by BMW and Mercedes-Benz
  • Drivers understand engine oil helps their vehicle but do not know it can help them save money on driving costs
  • New Mobil 1 ESP 0W-30 is designed specifically with potential fuel savings and efficiency in mind

 

LONDON,  2012 – Checking oil ranked highest in the activities we’re willing to do on our own, over and above a number of everyday activities. New research commissioned by Mobil 1 has found that more Brits are confident checking the oil in their car than making beans on toast.

 

This research comes as Mobil 1 launch its latest synthetic car engine oil, Mobil 1 ESP 0W-30, with BMW and Mercedes-Benz approval. The research also shows that Brits are increasingly looking to cut motoring costs as the economic climate gets tougher, with over a fifth of drivers cutting their mileage by as much as 2,500 miles each in 2011.

 

However, it also seems that drivers are missing out on other easy cost-cutting measures, unaware that basic actions such as keeping engine oil topped up can reduce overall motoring costs, as only 6% of respondents recognised that using the correct engine oil prolongs the life of an engine.

 

It is great to see that as a nation we are confident with checking car oil and we are surprised to see it beat so many everyday activities in terms of consumer confidence” said Dan McGoldrick, Field Marketing Advisor UK, Nordic and Benelux for ExxonMobil Lubricants & Specialities, makers of Mobil 1. “Checking oil, especially in winter months, is essential to keep cars running smoothly, avoiding wear-and-tear and making sure your car runs as efficiently as possible – potentially saving you money on fuel and ensuring your motor is as confident on the road as you are in looking after it.”

Developed using the latest synthetic lubricant technology, Mobil 1 ESP 0W-30 has the potential to improve fuel economy whilst optimising engine protection. Expertly engineered to help prolong the life and maintain the efficiency of emission systems in both diesel and petrol powered vehicles, it has gained approval from Mercedes-Benz1 and BMW2 for a range of models.

 

 

Mobil 1 top tips for saving money and keeping your motor in peak condition:

 

  • Choose the right oil for your car.
    • Using the correct engine oil can potentially improve fuel efficiency, provide valuable engine protection, and reduce wear and tear.
    • Mobil 1’s online “Which Oil” product selector – found at www.mobil.co.uk – helps drivers find the correct engine oil to optimise their vehicle’s performance.
    • Simply insert the vehicle registration number and ‘Which Oil’ identifies the most appropriate engine oil.

 

  • Talk to your service representative about the “health” of your engine and the motor oil they use during maintenance checks.
    • Service representatives are your vehicle’s “doctor”, so don’t be afraid to ask questions about the benefits of different oils and how to keep an engine running smoothly.

 

  • Keep a 1 litre container of engine oil in the boot
    • Maintaining the proper level of engine oil and lubricant is essential to the protection and efficiency of a vehicle.
    • A one litre container of oil is a cost effective way of maintaining an engine between regular maintenance checks.

 

Five Steps to Losing Weight and Debt in the New Year.

MMI offers practical advice for losing weight and debt in the New Year.

Every New Year, shedding weight and debt is at the top of the list for millions of people resolving to change for the better. According to a recent Times Report, these two are also among the most often broken resolutions.

While experts have offered numerous techniques and strategies for losing weight and paying down debt, the fundamental lifestyle change remains consistent for both – consume less.  Financial stability begins with spending less than you make, followed by paying more on what you owe.  Losing weight begins with consuming fewer calories, and becoming more active.

If you are among the millions vowing to finally achieve a healthy waistline and a healthy bottom-line, consider the following five steps:

  1. Make the commitment.  When considering any lifestyle adjustment, the first step is to decide – are you ready to make the commitment to do what it takes to improve your health and financial wellbeing?  Are you ready to accept responsibility for changing your situation?  Do you believe that you can and will change the way you make decisions about food and money? It isn’t until you can truthfully answer yes to these questions that you will be ready to face the challenges of creating a healthier physical and fiscal life.
  2. Create a plan.  Creating a budget and a meal plan starts with tracking – tracking expenses and tracking calories.  Consider carrying a pocket notebook for noting every penny spent and calorie consumed.  Review your results and look for areas where you should and can make cut backs.
  3. Develop SMART goals .  One of the most important pieces to being successful in these areas is to set clear goals that are specific, measurable, achievable, rewarding and trackable.  Remember to create short-term, or milestone, goals as well as a target accomplishment.  If your ultimate goal is to become debt free, celebrate when you pay off 25 percent.  The same goes with weight lost. If you aspire to lose 50lbs., acknowledge every 5 to 10lbs. as an accomplishment.
  4. Eliminate temptations.  Once you have a clear calorie and spending budget outlined, remove any obstacles that may hinder your success.  Don’t carry your credit cards in your wallet and don’t keep high calorie sweets in the house.  Leave your cards at home in a safe place and only take them out when you have a planned purchase and payoff strategy.  The same applied with food temptations.  If you know you’re going to be in an environment where you’ll be tempted to indulge, eat a light snack before you leave the house.
  5. Stay flexible. Don’t get discouraged if you don’t see the pounds or debt melting away as quickly as you had hoped.  Change doesn’t happen overnight, and there are no quick fixes. The important thing is to remain flexible and committed. If you aren’t meeting your goals, revisit and adjust your plans as often as necessary.

Remember, you are human and set-backs are inevitable.  However, if you are truly committed to doing what it takes to meet your goals, you can accomplish anything.  To learn more about staying committed to your New Year’s resolutions, visit MoneyManagement.org and down New Beginnings , one of MMI’s free eBooks.

Londoner's LIfe 21 – By Phil Ryan

The big sleep is over and now we begin to take stock of the year ahead. And for Londoners the hardest thing to come to immediate terms with are the usual high price rises on the tubes, trains and buses. It now being cheaper to travel in London by car! Honestly I worked it out. 2 people in a car popping across to say Camberwell (not of course via the congestion charge zone that’s only for the super-rich and white van drivers). Not very green I’ll grant you but very nice. Comfortable and clean. You get to listen to your own music and not the tinny wasp farting noises from the headphones of the JB sports clad gimp in the hoodie glaring at his iphone from a seat saying for pregnant ladies and the elderly. In an average sized car you shouldn’t use more than a fivers worth of fuel per trip. Cheaper than two Oyster card worth of trips. Of course there are a few drawbacks to this concept. Thanks to Camden and Westminster Councils whose Chief Executive Officers are more like Afghan warlords than public servants nowadays you can’t stop easily. Not without facing the ludicrous parking charges and restrictions they so delight in inflicting on us AFTER public consultations. Where are these public consultations? We had one in Camden once about the greatest con trick of all – the dreaded Residents Permits (or a tax to use your own street every year). The Council sent out a questionnaire using hysterically loaded questions. DO YOU WANT STRANGERS FILLING YOUR STREETS AND RAPING YOUR FAMILY? Tick A or B. You know the sort of lies they use. A bit like the new green re-cycling madness. I now have SIX bins. I’m not making this up. Everyday some trucks trundle up and down my street taking away stuff. It’s getting very specific. I saw a bin by a bus stop that said only suitable for 18th century manuscript paper with a picture of Jane Austen on it for the hard of hearing.

But in an Olympic year my favourite new London game is spotting the very tenuous Olympic links everyone is using to push prices up. Of course top of the charts are those soulless parasites the London estate agents. Every borough I’ve been in recently apparently is perfect to access the Olympic stadium from according to estate agents boards and ads. Including far flung spots like Barnet, Roehampton and Ilford presumably viewing the Olympic Park by radio telescope. Of course there are those local areas directly around the stadiums who are also twinned with Helmand Province in the safety stakes which they handily fail to point out! I’ve also realised the prices going up now will presumably not fall afterwards despite the fools and suckers buying an overpriced flat to see a waste of money that only lasts a month. That’s property in London I guess. But many new terrorized folk will at least be able to shuffle around the Stratford Westfield shopping centre or take in the empty velodrome. The great legacy is getting vaguer. But the areas are certainly being built up. Mainly ‘so called ‘luxury’ apartments with names like The Point, The Wave and The Shoe Box (I made the last one up) But take a wander around Canning Town station to see the ghastly rabbit hutches being thrown up left right and centre. With ceiling heights too low for the average hobbit and walls thinner than a cream cracker these ‘architect designed’ monstrosities will presumably fill up quicker than Cheryl Cole at her next sacking. And bizarrely they all have tiny balconies allowing them to see other people on their tiny balconies. Just a sample of the new examples of the wonderful ‘design’ we can expect over the coming property developers feeding frenzy Olympic year.

And on the subject of London’s ever changing design I have to say the new layouts around Exhibition Road in South Kensington are just very surreal. Apparently it’s all based on a Dutch concept of ‘space sharing’. In plain speak it means ripping up the pavement, covering the surfaces of the roads and streets with curious red and white flat cobblestones and then letting pedestrians ‘share’ the road space with cars. It’s akin to the way that South Africans ‘share’ the coast line with Great White Sharks. I was having tea in Le Pain Quotidien amusing myself by watching baffled tourists soiling themselves as various Buses and cars apparently mounted the side streets they were walking along and chased them. Window shopping suddenly stopped being ‘charming’ instead becoming a kind of game of chicken. It’s a very nice concept. A bit like socialism. But in practice it turns a quiet stroll into a dice with death. Very exhilarating I’m sure but not great for the terminally nervous. And as for the locals do they like it. No not really I was told. But did they care? No not really. It’s a London thing.