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That £1.1bn is a one-off sum that comes from the fines imposed on banks after the Libor rate-rigging scandal.
But the payments have now stopped and will be repaid, he added, and they turned down the one-off sum.
At present this is a one-off sum of about £2,300 for a four-year degree, paid once graduates are earning more than £15,000.
In real life, Admiral Lindsay left a one-off sum of £1,000 to each of his other children, and not a bean to Dido.
The supermarket site, on which Sainsbury's has taken a lease, Spurs preferring the regular cash flow rather than sell for a one-off sum, is also owned by TH Property Ltd in the Bahamas.
Another large one-off sum of £428,328 was bequeathed in August 2005 and 2007 saw two massive single donations - with gifts of £309,251 and £550,000 among debt donations.
Similar(51)
If you choose to defer your pension you will be entitled to a higher weekly amount later on, or a one-off lump sum payment.
The only products currently on the market are immediate needs annuities, which involve people paying a one-off lump sum - often about £100,000 - when they start needing care.
"They can keep it within a pension, and pay income tax at their highest marginal rate (ie, up to 45%) on the income they choose to withdraw, whether this is paid as a one-off lump sum or as a number of payments," says Hargreaves Lansdown.
Even a one-off lump sum could make a difference.
Accounts can be opened with a one-off lump sum of up to £1,000 in addition to the monthly maximum.
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