FCC’s ‘serious doubts’ about Elon Musk’s $10bn Starlink network

SpaceX’s $10 billion Starlink satellite project recently opened pre-sign ups to the public, by the Federal Communications Commission (FCC) has  ‘serious doubts’ the network will meet data transfer requirements. The FCC released a report last week stating that at 95 percent or more of all peak period measurements of network round trip latency must be at … Read more

Taxpayers set to be saddled with £10bn of bad emergency loans

Taxpayers set to be saddled with £10bn of bad emergency loans as 43% of borrowers say they do not expect to be able to pay them back By Daily Mail City & Finance Reporter Published: 21:51 BST, 21 May 2020 | Updated: 21:51 BST, 21 May 2020 Taxpayers could be saddled with bad loans worth … Read more

Legal & General told to axe dividend over £10bn bond ‘loss’

Legal & General under pressure to suspend dividend amid estimates it is sitting on £10bn of bond market losses By Daily Mail City & Finance Reporter Published: 22:10 BST, 18 May 2020 | Updated: 22:10 BST, 18 May 2020 Legal & General has come under renewed pressure to suspend its dividend amid estimates it is … Read more

Ocado admirers deliver a near £10bn valuation following its supply agreement with M&S

Ocado admirers deliver a near £10bn valuation following its supply agreement with M&S M&S agreed in February to replace Waitrose as its main delivery partner in 2020 The company’s share price closed at a peak of £14.35 on Wednesday The shares settled back to £13.96 on Friday evening  By Neil Craven, Financial Mail on Sunday … Read more