Travel stocks hammered by holiday chaos: £1.5bn wiped off by second wave fears Investors took flight from airlines and tour operators after the Government removed Spain from the quarantine-free list Thousands of holidaymakers cancelled trips to Spain as well as countries such as France and Germany amid concerns they could be next By Tom Witherow … Read more
BA owner IAG may ask investors for £1.5bn in emergency fundraising By Ben Harrington For The Mail On Sunday Published: 22:38 BST, 20 June 2020 | Updated: 22:38 BST, 20 June 2020 The owner of British Airways could be looking to raise up to £1.5billion of fresh cash, investors say. International Consolidated Airlines Group (IAG) … Read more
London born hedge fund boss Sanjay Shah is suspected of swindling Danish tax authorities by setting up sham trades A London-born hedge fund boss accused of masterminding a £1.5billion tax fraud is facing one of the most expensive trials in British legal history. Sanjay Shah is suspected of devising an elaborate scheme to swindle Danish … Read more
Almost £15bn of savers’ money now stuck in property funds after a slew went into lockdown amid concerns over coronavirus By Lucy White For The Daily Mail Published: 23:02 GMT, 18 March 2020 | Updated: 23:02 GMT, 18 March 2020 Almost £15 billion of savers’ money is now stuck in property funds after a slew … Read more