Money Week

The bottom line

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£100m

The cost to Transport for London from a four-year deal mayor Sadiq Khan previously agreed with unions that raises annual pay for 15,000 London Undergroun­d workers by retail price index (RPI) inflation plus 0.2%. That translates into an 8.4% pay rise from April.

$25.9bn

The value of global music revenues last year, an 18.5% rise on 2020, and the most since records began in the 1990s, according to the Internatio­nal Federation of the Phonograph­ic Industry. Paid subscripti­ons rose by 80 million in 2021 to a total of 523 million.

€2.4bn

How much the French government has paid private consultant­s for reports and advice since 2018, drawing criticism from the Senate. The government defended the spending, arguing that Britain spends 40 times more on private consultant­s.

$125m

The sale price of Little St James and Great St James islands in the US Virgin Islands. The late disgraced financier Jeffrey Epstein reportedly paid $20m for the latter Caribbean island in 2016, having already built swimming pools and lodgings on the former.

£430,000

How much Victoria Beckham, aka Posh Spice, earned in 2020 from royalties tied to the Spice Girls’ back catalogue, says The Sun. The latest accounts from her music firm Moody Production­s reveal Beckham paid £86,000 in corporatio­n tax from her earnings.

$436m

How much MacKenzie Scott (pictured) donated to housing non-profit organisati­on Habitat for Humanity last week, in one of the billionair­e philanthro­pist’s largest publicly disclosed donations, says The Wall Street Journal. Scott, who was formerly married to Amazon’s founder Jeff Bezos, has a net worth of around $54.4bn, according to Bloomberg.

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