Husband vows to appeal record divorce payout

INSURANCE magnate John Charman has vowed to challenge an order to pay his former wife a total of £48 million (€70m) in what is believed to be the biggest divorce award in English legal history.

Mr Charman, 53, said in a statement that he believed the ruling by Mr Justice Coleridge in the Family Division of the High Court in London was “unfair and unreasonable” and immediately announced his intention to appeal.

Details of the judge’s ruling, given in private last week, were made public yesterday.