Manchester United bidder Sir Jim Ratcliffe is now the second-richest person in the UK according to the Sunday Times Rich List, with the list’s compilers placing his wealth at almost £30billion. Ratcliffe, the chief executive of the INEOS chemicals company, has bid to take a controlling stake in United. He faces competition from Qatari businessman Sheikh Jassim, who made an improved fourth bid to buy 100 per cent of the club earlier this week. That move was interpreted as an attempt to seize the initiative from Ratcliffe, whose bid is reported to be structured to allow two members of the Glazer family which currently owns the club to keep a combined 20 per cent stake. Ratcliffe, born in Failsworth in Greater Manchester, was ranked 27th on the 2022 Sunday Times Rich List with an estimated wealth of £6.075bn, but has jumped up to second in the 2023 list with wealth now believed to be £29.688bn, an increase of almost 400 per cent in 12 months. Robert Watts, the compiler of the Rich List, told PA: “This year we have new information about the full scale of INEOS’ profits and that has made us confident that INEOS is now worth at least £40bn. “We have also learned more about the personal assets that Jim has accumulated over the past 25 years.” Ratcliffe topped the Rich List in 2018 when his personal wealth was estimated at £21.05bn. INEOS already owns French club Nice and Swiss side Lausanne. The Reuben family, which includes Jamie Reuben who bought a minority stake as part of the Saudi-led takeover of Newcastle in October 2021, drops from third to fourth on the list despite their overall fortune increasing by £2.134bn to £24.399bn. The Coates family, which founded the bet365 betting company and owns Championship club Stoke, remains 16th in the list with a combined fortune of £8.795bn, an increase of £158million compared to 2022. Former Chelsea owner Roman Abramovich dropped off the list altogether, having been in 28th place last year. The list compilers believe his fortune remains largely intact despite sanctions imposed by the UK and other governments following Russia’s invasion of Ukraine, but he is not on the 2023 list because he does not have British citizenship or live in the UK. The Sunday Times identified golfer Rory McIlroy as the richest active UK sportsman with a fortune of £200m. Also contained within its list of the wealthiest 35 people under the age of 35 were boxer Anthony Joshua (£150m) plus footballers Gareth Bale (£70m), Raheem Sterling (£61m) and Harry Kane (£51m). :: Further information on the Sunday Times Rich List can be accessed via the following link: https://www.thetimes.co.uk/sunday-times-rich-list Read More Sheikh Jassim makes bigger last-ditch bid in Man United takeover saga Ineos ‘optimistic’ over Man United purchase after increased contact What would a Sir Jim Ratcliffe takeover mean for Manchester United Jon Rahm faces day two battle to make the cut at US PGA Championship Rumours: Man United ‘shock’ Mane move and Arsenal talks to sell Xhaka How Manchester United experiment with No. 10s - and where it goes wrong

Users of iPhones in the UK can now check their bank balance from within the Apple Wallet app for the first time. The new feature allows users to connect their credit and debit cards already stored in the Wallet app to their online accounts so they can see their up-to-date balance and other information without having to go to their dedicated banking app. The information will be accessible in the Wallet app, but will also appear when a user makes a purchase via Apple Pay online or in the app. Apple said the new feature could help users make more informed purchases and get quick, simple access to see key information about their finances to help with budgeting. We look forward to working with UK partners under the Open Banking initiative to help users better their financial health Jennifer Bailey, Apple Wallet Apple Wallet is an app where consumers can store virtual versions of their bank cards for use in contactless payments. iPhone users running the latest versions of iOS 17.1 will have access to the technology. The tech giant said the new feature had been built with privacy and security in mind and highlighted that before it is enabled users must authenticate through their financial provider’s website or app and consent to connect their accounts to their cards in the Wallet app. Apple also confirmed that all user account balance information, transaction history and other account details are stored on device and not on Apple servers. Jennifer Bailey, vice president of Apple Pay and Apple Wallet, said: “By enabling users to conveniently access their most useful account information within Wallet and at the time of their purchase, they can make informed financial decisions and better understand and manage their spend. “We look forward to working with UK partners under the Open Banking initiative to help users better their financial health, and provide more ways in which banks can deepen their relationships with customers.” The feature has been enabled by the Open Banking initiative, Apple said, and confirmed that Barclays, Barclaycard, First Direct, Halifax, HSBC, Lloyds, M&S Bank, Monzo, NatWest and Royal Bank of Scotland had signed up to enable the feature in the UK. Read More VR tool aims to help rail passengers spot and safely tackle sexual harassment Ring to preview security features with abuse charity to boost safety TikTok launches feature to save songs to music apps like Spotify

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