Not Rated Elizabeth and financier Julius Karekin begin an affair and gives her a present of a hat shop. Elizabeth renames the shop Madame Yvonne and it's soon attracting an exclusive clientèle. Her parents are unaware of Karekin's existence and Elizabeth knows that they would never receive him. Richard and Lady Marjorie have their own difficulties when they are advised by the family solicitor Sir Geoffrey Dillon that he will have no choice but to sell the remainder of the lease for 165 Eaton Place in order to settle family debts and succession duties following the death of Marjorie's father. Unable to afford the lease themselves, the Bellamys are looking at the prospect of having to move to a less fashionable neighborhood and employ fewer servants. Elizabeth manages to come to the rescue however.