Lloyds Bank’s annual profits plunge by 72% to £1.2billion amid fall in household spending during Covid pandemic By Mark Duell for MailOnline Published: 07:26 GMT, 24 February 2021 | Updated: 07:26 GMT, 24 February 2021 Lloyds Banking Group said its pre-tax profit fell by 72 per cent to £1.2billion in 2020 after it booked big … Read more
EasyJet loses £1.2BILLION due to coronavirus pandemic – the first ever annual loss in its 25-year history EasyJet has turned a profit every year since 1995 including £430m in 2019 Budget airline reveals it will fly at just 20% capacity between January and March UK’s aviation industry decimated by Covid – with quarantine and testing … Read more
Apple wins EU court battle over order to pay £12billion in back taxes after the tech giant was accused of having an illegal sweetheart deal with Ireland Commission said Apple benefited from illegal state aid via two Irish tax rulings These artificially reduced tax burden for over two decades, to 0.005% in 2014 Dublin controversially appealed … Read more
Virgin Atlantic has secured a £1.2bn rescue package that will salvage thousands of British aviation jobs, it has been reported. The package would remove the chance of the airline plunging into administration as a result of the coronavirus crisis. The deal, which will involve backing from Richard Branson’s Virgin Group and US hedge fund Davidson Kempner, … Read more
Thousands of criminals in England and Wales owe £1.2billion in unpaid fees and fines as critics accuse offenders of ‘laughing in the face of the courts’ Money owed by criminals in England and Wales soared to a record £1.2billion Total amount imposed by courts has more than doubled in the last five years It means … Read more