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Daily Mail
05-07-2025
- Entertainment
- Daily Mail
Eamonn Holmes' production firm racks up HUGE six figure debt in latest blow amid health problems and divorce from Ruth Langsford
Eamonn Holmes ' production firm has racked up a huge six figure debt, it was revealed this week. It is the latest blow for the broadcaster, 65, who has suffered numerous health problems over the last few years and has gone through a divorce with Ruth Langsford. His company is £22,850 in debt for 2024, according to Companies House, after a £18,000 surplus. The accounts show Eamonn has creditors of nearly £150,000 to pay and had a £39,173 Corporation Tax rebate. Some of the presenter's assets have been taken in account, which brings the total debt to £22,850. MailOnline has contacted Eamonn's representative for comment. Last month, Eamonn removed his wedding ring, over a year since his spilt from Ruth. The TV couple shocked fans with their joint statement on May 25 2024 confirming the end of their 14 year marriage. And while Eamonn has embarked on a new relationship with new girlfriend Katie Alexander, he had continued to wear his gold band on his wedding finger. However, as he hosted a recent edition of GB News alongside co-star Ellie Costello, his ring was noticeably absent from his hand. While the presenter publicly ditched his jewellery for the on-air appearance, MailOnline understands that Eamonn does occasionally remove his ring. Elsewhere, Eamonn delivered a heartbreaking health update on live TV after a frightening fall in the middle of filming his news show. The presenter his GB News co-star Ellie Costello were joined by Tim Vincent, 52, and Dawn Neesom, 60, to discuss the latest newsworthy headlines. Actor Tim pointed out on Breakfast with Eamonn and Ellie that research has shown that exercising can cut the risk of cancer. But as the star explained the research, Eamonn said: 'This makes me feel awful because I would have been pro-exercise, but I can't move. He continued: 'I'm in a wheelchair now. I can't put on trainers, I can't change, I can't go to the showers, I can't do things, I can't stand up. 'There are a lot of people who are incapable of exercising, and therefore, rightly so, an increase of cancer growing.' Tim replied: 'Absolutely and that is an issue that everybody is going to face. You're obviously in a really difficult position. 'Any exercise I think is going to help, especially for these people who have had cancer once and can get out there.' Eamonn has battled a number of health problems in recent years, including a double hip replacement surgery, slipped discs and ongoing spinal problems. In May, Eamonn fell off his chair live on air, shocking his GB News co-stars. As the camera focused on commentator Charlie Rowley at 6:15am, a crash could be heard off screen and the broadcaster's co-host Ellie Costello exclaimed 'oh my gosh.' Eamonn was then heard saying: 'I'm fine, fine, fine, carry on, carry on.' A stunned Charlie tried to continue but the early morning news programme cut to adverts seconds later. After an extended six-minute break, Eamonn returned to screens, joking: 'I'm still alive,' as he blamed the 'wonky' wheels on his chair. 'They're very wonky wheels on chairs we've got here, as a matter of fact we don't really like the chairs here,' he said to his co-host Ellie. 'It was a shock for me because I had a fall two weeks ago in my bathroom that hospitalised me and that hit me right in the back.' 'And that hit me again right in the back. Really, really sore, really sore.'
The Irish Sun
04-07-2025
- Business
- The Irish Sun
Fresh blow for Eamonn Holmes' as telly firm racks up six figure debt amid divorce from Ruth Langsford
EAMONN Holmes has been dealt a fresh below as the presenter's telly firm has racked up a six figure debt. The Northern Irish star, 65, runs company Holmes & Away which takes in cash from his broadcasting work. 4 Eamonn Holmes has been a familiar on-screen presence for years Credit: Rex 4 The star has been experiencing ongoing health issues Credit: Getty 4 Eamonn split from wife Ruth Langsford last year Credit: Getty However, The Sun can reveal that the production firm has racked up a six figure debt. Figures uploaded to Companies House this week show the firm is £22,850 in the red for 2024 - following a £18,000 surplus last year. Annual accounts show the GB News host has creditors of almost £150,000 to pay. In addition, he also had a Corporation Tax rebate of £39,173 paid by HMRC . Read more on Eamonn Holmes Eamonn has assets that make up some of the shortfall, which is why the firm is £20k+ in the red once that's taken into account. The Sun has approached Eamonn's rep for comment. The former This Morning host – who health condition. The 65-year-old has been experiencing ongoing health issues, including chronic back pain - which he's attributed to slipped discs and a 2022 spinal surgery. Most read in News TV Eamonn has also spoken He's also struggled with shingles and has talked about experiencing difficulty seeing, even with his reading glasses. Eamonn Holmes reveals feud with 80s pop legend in on-air rant Last month he said he was in pain, 'even when the sun shines'. Sharing a selfie on Instagram, he penned: "Even when the sun shines there's pain. "Sometimes I feel I'll never beat this disc immobility but I'm determined to have a life. 'So pray for me, help me or get out of the way social media haters.' He is now Ruth and Eamonn's relationship timeline Before the shock split announcement, Ruth and Eamonn seemed like one of the strongest couples on UK TV – even with their signature bickering style. Here's how their romance played out... 1997 - The couple first meet after being introduced by mutual friends, two years after Eamonn splits from his first wife, Gabrielle, with whom he has three children. 1997-2002 - To be respectful to Gabrielle, the couple kept their relationship out of the limelight. Ruth told 2002 - Ruth and Eamonn welcome their son, Jack, to the family. 2005 - Eamonn finalises his divorce with Gabrielle. 2006 - The pair begin to host Friday episodes of This Morning together. 2010 - Eamonn proposes to Ruth while at the Cheltenham Races, after asking Ruth's mother for her hand. June 2010 - Eamonn and Ruth marry at Elvetham Hall, Hampshire. 2016 - Eamonn undergoes a double hip replacement in the first of many health battles. June 2019 - On This Morning, Ruth and Eamonn say the secret to their happy marriage. Eamonn credits "compromise, consideration and lots of conjugal," while Ruth said it was "laughter and an equal marriage". November 2020 - Ruth and Eamonn are replaced on their regular Friday slot by Alison Hammond and Dermot O'Leary in a 'show shake-up'. December 202 1 - After a year of being moved to the bank holiday presenting slot, both Eamonn and Ruth left This Morning. January 2022 - Eamonn debuted on GB News, while Ruth stayed with ITV in her long-standing role on Loose Women. September 2022 - Eamonn undergoes spinal surgery after years of back issues including a trapped sciatic nerve. November 2022 - Eamonn falls down the stairs of his Surrey home with Ruth and breaks his shoulder, requiring a new operation. September 2023 - Eamonn has a spine and neck stretching procedure as part of his year-long recovery. May 2024 - Ruth and Eamonn announce they have split after 14 years of marriage and a 27-year relationship. September 2024 - Eamonn was spotted on a luxury holiday in Barcelona with his new girlfriend Katie Alexander. Ruth calls in a 'fierce' divorce lawyer. Eamonn and Ruth A spokesperson told It read: 'Ruth Langsford and Eamonn Holmes have confirmed their marriage is over and they are in the process of divorcing.' The pair 4 Eamonn and Ruth co-hosted This Morning on Fridays and school holidays Credit: Rex
Scottish Sun
04-07-2025
- Business
- Scottish Sun
Fresh blow for Eamonn Holmes' as telly firm racks up six figure debt amid divorce from Ruth Langsford
The star split from fellow TV presenter Ruth last year star's setback Fresh blow for Eamonn Holmes' as telly firm racks up six figure debt amid divorce from Ruth Langsford EAMONN Holmes has been dealt a fresh below as the presenter's telly firm has racked up a six figure debt. The Northern Irish star, 65, runs company Holmes & Away which takes in cash from his broadcasting work. 4 Eamonn Holmes has been a familiar on-screen presence for years Credit: Rex 4 The star has been experiencing ongoing health issues Credit: Getty 4 Eamonn split from wife Ruth Langsford last year Credit: Getty However, The Sun can reveal that the production firm has racked up a six figure debt. Figures uploaded to Companies House this week show the firm is £22,850 in the red for 2024 - following a £18,000 surplus last year. Annual accounts show the GB News host has creditors of almost £150,000 to pay. In addition, he also had a Corporation Tax rebate of £39,173 paid by HMRC. Eamonn has assets that make up some of the shortfall, which is why the firm is £20k+ in the red once that's taken into account. The Sun has approached Eamonn's rep for comment. The former This Morning host – who split from wife Ruth Langsford a year ago – continues to work despite a worsening health condition. The 65-year-old has been experiencing ongoing health issues, including chronic back pain - which he's attributed to slipped discs and a 2022 spinal surgery. Eamonn has also spoken about difficulties walking and reliance on a walking frame or wheelchair. He's also struggled with shingles and has talked about experiencing difficulty seeing, even with his reading glasses. Eamonn Holmes reveals feud with 80s pop legend in on-air rant Last month he said he was in pain, 'even when the sun shines'. Sharing a selfie on Instagram, he penned: "Even when the sun shines there's pain. "Sometimes I feel I'll never beat this disc immobility but I'm determined to have a life. 'So pray for me, help me or get out of the way social media haters.' He is now in a relationship with Yorkshire counsellor Katie Alexander, 43. Ruth and Eamonn's relationship timeline Before the shock split announcement, Ruth and Eamonn seemed like one of the strongest couples on UK TV – even with their signature bickering style. Here's how their romance played out... 1997 - The couple first meet after being introduced by mutual friends, two years after Eamonn splits from his first wife, Gabrielle, with whom he has three children. 1997-2002 - To be respectful to Gabrielle, the couple kept their relationship out of the limelight. Ruth told Daily Mail: "I thought it spoke volumes about the sort of man he was, the sort of father he was and the integrity he had. It made me love him more, not less." 2002 - Ruth and Eamonn welcome their son, Jack, to the family. 2005 - Eamonn finalises his divorce with Gabrielle. 2006 - The pair begin to host Friday episodes of This Morning together. 2010 - Eamonn proposes to Ruth while at the Cheltenham Races, after asking Ruth's mother for her hand. June 2010 - Eamonn and Ruth marry at Elvetham Hall, Hampshire. 2016 - Eamonn undergoes a double hip replacement in the first of many health battles. June 2019 - On This Morning, Ruth and Eamonn say the secret to their happy marriage. Eamonn credits "compromise, consideration and lots of conjugal," while Ruth said it was "laughter and an equal marriage". November 2020 - Ruth and Eamonn are replaced on their regular Friday slot by Alison Hammond and Dermot O'Leary in a 'show shake-up'. December 2021 - After a year of being moved to the bank holiday presenting slot, both Eamonn and Ruth left This Morning. January 2022 - Eamonn debuted on GB News, while Ruth stayed with ITV in her long-standing role on Loose Women. September 2022 - Eamonn undergoes spinal surgery after years of back issues including a trapped sciatic nerve. November 2022 - Eamonn falls down the stairs of his Surrey home with Ruth and breaks his shoulder, requiring a new operation. September 2023 - Eamonn has a spine and neck stretching procedure as part of his year-long recovery. May 2024 - Ruth and Eamonn announce they have split after 14 years of marriage and a 27-year relationship. September 2024 - Eamonn was spotted on a luxury holiday in Barcelona with his new girlfriend Katie Alexander. Ruth calls in a 'fierce' divorce lawyer. Eamonn and Ruth announced their split in May 2024 after 14 years of marriage. A spokesperson told fans about their split in a short but sweet statement. It read: 'Ruth Langsford and Eamonn Holmes have confirmed their marriage is over and they are in the process of divorcing.' The pair hadn't been seen together for over two years, last appearing alongside one another in a skit on Instagram.
The National
04-07-2025
- Business
- The National
Benefits boost the economy. It's the rich who are the problem
The simple fact every politician in this country should understand is that paying benefits often pays for itself. The reason is not complicated. Almost no benefits go to people on high incomes. The vast majority support those on very low incomes. And what should be obvious to anyone who thinks, for even a moment, is that people on low incomes spend almost every penny they receive just to meet their essential needs. This matters. Listen to most right-wing politicians and you'd think every pound given to someone on benefits is wasted. Nothing could be further from the truth. READ MORE: Labour's £46-billion problem: How to find the 'record-high' missing tax Money spent on supporting people on low incomes enhances the wealth of a country, and, ironically, especially the wealth of the wealthiest. That needs explanation, because it runs so counter to the economic myths we are told. Yet it is obviously true because when someone spends their benefits, it is not wasted. It becomes someone else's income. That someone else might be a carer paid to support them. It might be a supermarket selling them food and basic needs. Or it might be an energy company, a landlord or anyone else whose bills they must pay to survive. The essential point is the same in all cases. The benefit recipient's spending always becomes someone else's income. Cut benefits and you cut the incomes of all those who rely on that spending. What is more, this cycle doesn't just happen once. It happens repeatedly. Economists call this the multiplier effect. Imagine a benefit recipient spends all their payment at a supermarket. That is not the end of the story. The supermarket pays VAT and maybe Corporation Tax. So, the government immediately gets some money back. The supermarket also pays its staff, who pay income tax and National Insurance. The government gets more of its spend back. The supermarket pays suppliers, which pay VAT, business rates, maybe Corporation Tax, and who also pay staff, generating still more tax. Because the bottom 70% of households in the UK have very few savings, most of the wages that have been paid get spent again, restarting the cycle and sending yet more tax to the government with every round. This process keeps going, paying the government back almost entirely over time the benefits spent, unless someone saves the money. Here's the irony. It is the savings of the wealthy that interrupt this cycle. Only when someone decides not to spend, and saves instead, does this chain of spending and tax stop. UK Chancellor Rachel Reeves has looked to push through benefit cutsIt is only because the wealthy save so much that the government does not recover all it pays out in benefits through taxes. The wealthy keep the money instead. So, it is not the poor on benefits who drain this cycle. It is the wealthy who hoard income and halt this cycle that benefits everyone else. Compare this to the fairytale told by neoliberals. They believe in 'trickle-down economics', the idea that if the wealthy are allowed to grow ever-richer, their extra wealth will eventually trickle down so that everyone benefits. But the reality is exactly the opposite. Paying benefits to those in need sets off a chain of spending that enriches everyone. It grows businesses, sustains jobs, funds public revenues and enhances wellbeing. When the wealthy save their money, it breaks the cycle and, wealth does not trickle down. It floods up. READ MORE: Richard Walker: Good journalism has never had a more vital role Money spent on benefits travels through the economy, enriching many along the way, until ultimately it accumulates with the wealthy. That's why we need more taxes on the wealthy which would reduce the sums they hoard. This would then enable more funds to flow back into the economy, not least via higher benefit payments that get spent again and again. This would lift incomes and wealth for everyone, including ironically the wealthy, if only they truly understood how the economy works. The ignorance and greed baked into neoliberal thinking stops us from having the benefit system we so clearly need. In short, paying benefits is not an act of charity. It is a fundamental mechanism that keeps our entire economy running. That is the truth no politician who parrots neoliberal dogma wants to admit.
The National
23-06-2025
- Business
- The National
Free it from England's yoke and Scotland is laden with opportunity
Time and again, he, like many others in the SNP leadership, fails to provide an argument for why Scotland should be independent. In addition, and vitally, he fails to provide an explanation of the benefits of Scotland being independent. I am not going to pretend that control of Scotland's economy is the biggest reason for Scotland being independent. I genuinely do not think it is. However, to pretend that economics is not a matter of significance in this debate would be entirely incorrect. Having an independent Scotland with an economic policy designed to achieve the best outcomes for the people of Scotland is fundamental to the delivery of the best benefits for the people of the country and John Swinney didn't even scratch the surface of this issue. Let me touch on three reasons why Scotland does need control of its economy and can only get this by being independent. I will also mention a necessary condition for success. READ MORE: John Swinney calls for 'diplomatic solution' after US bombs Iran Firstly, Scotland does need to decide for itself what its economic priorities are. They are not the same as those of the rest of the UK. Scotland will not, for example, ever want to promote financial services in the way that the Westminster Parliament does, given that the latter lives in fear of the City of London. Scotland can see through all the problems that has created. In addition, Scotland not only believes in renewable energy, it also has the power to deliver it. In addition, it has ample water, and England does not. What is more, Scotland has great universities. With its own economic policy, aligned to these strengths, and to the social priorities of its people Scotland could be managed to deliver economic outcomes that could certainly be as good as, if not better than, those that are achieved now. They could also be much better than those England might achieve in the future, oppressed as it is by the dominance of the culture of the City. The burdens of wealth and inequality that it creates prevent any chance of real economic development in England and always will now. Secondly, to achieve this, Scotland does need control of its own tax policies. Scotland has always believed in progressive taxation in pursuit of greater equality. While it is integrated into the tax system of the UK, which is designed to promote inequality, achieving that goal is not possible. As my work has shown, this might not require a wealth tax in Scotland. Radical transformation of existing taxes –such as Capital Gains Tax, National Insurance, Inheritance Tax, the higher rates of Income Tax, Corporation Tax and VAT –could deliver substantial increases in tax revenue in Scotland without requiring the vast majority of the Scottish population to pay more. Additional burdens would fall on the wealthiest, large companies and tax cheats, and I assure you that there are still far too many of them. And Scotland need not be worried that the wealthy will leave if it does these things. If progressive taxation is linked to investment in the economy and the people of the country, then the evidence from Scandinavia and elsewhere is that wealth wants to come into a country, not leave it, because they want a part of the success. Thirdly, Scotland needs more control over its public services. Westminster-focused political parties appear, without exception, to now hate both government and government services, even though they claim to be desperate to control them, whilst wanting to destroy both. Scotland is fortunate in having some politicians who actually believe that the job of a Scottish government is to partner with the people of the country to provide the essential safety net required to help all those who need it, while supporting those suffering temporary misfortune, and providing opportunity for those who wish to learn, innovate and develop Scotland as a whole. A Scottish government that genuinely adds value to the country, which that of the UK does not, could be created and deliver something that has not been seen in the UK since 1979. The transformational possibilities are staggering, and yet John Swinney never made any reference to this. Finally, and I cannot avoid the issue, none of this would be possible if Scotland had a currency tied to the English pound and the fortunes of the City of London. It is that City which has dragged down the UK, imposing what is best described as a finance curse on everyone in the rest of the economy as they are forced to work to meet the rapacious demands of bankers and the finance industry. Leaving the City in charge of Scottish money and interest rates would, as a consequence, be ruinous for the newly independent Scotland's fortunes. As a result, a commitment to a Scottish currency from day one of independence will be essential. But if that were done and the above-noted policies were put in place, I suspect the currency in question would, within a short period of time, be worth more than the English pound. Scotland is a country laden with opportunity if only it could be rid of the yoke that England imposes upon it but SNP politicians appear to lack the courage to say so. I have no idea why, because the opportunity is glaringly apparent to me. But if they will not, it is time for others to lead the call for independence, because that is what Scotland requires if it is to ever realise its potential.
