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Has the Queen's BrightHouse investment helped make Britain's poor even poorer?

As the Paradise Papers leak reveals, some of the Queen's private wealth is invested in the rent-to-own outlet. But what is BrightHouse and is it exploiting some of Her Majesty's poorest subjects?
Independent

The Queen's secret £10million tax haven exposed as Paradise Papers reveal the Royal family have invested in BrightHouse

The Queen has been dragged into a financial scandal [Getty] According to leaked financial documents – known as the Paradise Papers – the Duchy of Lancaster estate has invested her funds in the..
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Videos for BrightHouse

News video: Paradise Papers: Jeremy Corbyn suggests Queen should apologise

Paradise Papers: Jeremy Corbyn suggests Queen should apologise 01:02

The leader of the UK’s opposition Labour party has suggested Queen Elizabeth II should apologise if her private estate invested roughly 11 million euros (10 million pounds) in offshore portfolios in..
Source: Euronews English -

News video: The Public React The Queen's Offshore Accounts

The Public React The Queen's Offshore Accounts 01:59

The public give their thoughts on the queen's offshore accounts and the investment into furniture and decoration retailers, BrightHouse.
Source: HuffPost UK STUDIO -

 

Paradise Papers: Queen invested in rent-to-buy firm BrightHouse criticised for making the poor 'pay a poverty premium'

The Duchy of Lancaster, which manages the Queen's private estate, invested in the company via an offshore fund
Independent

Queen's private estate invested millions in tax havens

queen's private estate invested millions in tax havens
The Duchy Of Lancaster, which pays the Queen and handles her estates, has invested in retailers including BrightHouse, which has recently come under fire for exploitation of vulnerable customers.
MailOnline

MetLife operating income falls, authorizes $2 billion buyback

(Reuters) - MetLife Inc reported a 13.8 percent fall in quarterly operating income on Wednesday, hurt by a charge related to the spin off of its U.S. retail business, Brighthouse Financial, and the..
Reuters

How to check if you are entitled to compensation from BrightHouse

The rent-to-buy firm must now pay out nearly £15 million in compensation to customers
Essex Chronicle Also reported by •Brentwood GazetteSaffron Walden News

What customers need to know about Brighthouse's £14.8m compensation and refund payments for 'irresponsible lending'

Payments related to 384,000 agreements over six years
Burton Mail

BrightHouse will pay £14.8m in compensation to 249,000 customers - everything you need to know

The Financial Conduct Authority said BrightHouse will refund customers after irresponsible lending
Croydon Advertiser

BrightHouse fine: 'Irresponsible' rent-to-own firm slapped with £14.8m compensation bill after mistreating nearly 250,000 customers

The rent-to-own firm has been working with the Financial Conduct Authority after its lending assessment processes were found to fall short of expectations
Surrey Mirror Also reported by •Dorking Leatherhead Advertiser

Blaenau Gwent MP calls for more hire purchase regulation

blaenau gwent mp calls for more hire purchase regulation
BBC Local News: South West Wales -- Nick Smith is calling for tougher rules after BrightHouse was told to pay £14.8m back to customers.
BBC Local News Also reported by •BBC News

BrightHouse to pay compensation of £14.8m for bad lending - are you due a windfall?

There are branches in Boston, Lincoln and Grantham
Sleaford Target Also reported by •Boston TargetEast Lindsey TargetRetford TimesLincolnshire Echo

BrightHouse is set to pay £14.8m in compensation for 'irresponsible lending' and here's what Kent customers need to know

The lender has at least nine stores across Kent including Maidstone and Margate
Kent and Sussex Courier Also reported by •Canterbury TimesThanet Gazette

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