Asset manager Columbia Threadneedle shuts former £1bn fund

Asset manager Columbia Threadneedle shutting UK fund that held more than £1bn of investors’ money at its peak By Emma Dunkley, Financial Mail On Sunday Published: 21:49 GMT, 28 November 2020 | Updated: 21:49 GMT, 28 November 2020 Asset manager Columbia Threadneedle is shutting a UK fund that held more than £1billion of investors’ money … Read more

Lloyds to axe another 1,070 jobs despite £1bn third quarter profit 

Union fury as Lloyds axes another 1,070 jobs despite announcing £1bn third quarter profit By Lucy White For The Daily Mail Published: 21:51 GMT, 4 November 2020 | Updated: 21:51 GMT, 4 November 2020 Lloyds Bank is axing another 1,070 employees just weeks after announcing a £1billion profit for the third quarter of the year. … Read more

IT equipment firm Softcat breaks £1bn barrier as pandemic boosts trade

Thriving IT equipment firm Softcat breaks £1bn barrier as pandemic boosts trade By Daily Mail City & Finance Reporter Published: 22:12 BST, 20 October 2020 | Updated: 22:42 BST, 20 October 2020 Sales at IT equipment firm Softcat rose from £992m to almost £1.1bn in the year to July 31 IT equipment firm Softcat reported … Read more

Hipgnosis spends £1bn on US record producer LA Reid’s back catalogue

Hipgnosis spends £1bn on legendary US record producer LA Reid’s back catalogue By Daily Mail City & Finance Reporter Published: 21:53 BST, 14 October 2020 | Updated: 21:53 BST, 14 October 2020 Hipgnosis has bought legendary producer LA Reid’s back catalogue as part of a £1billion spending spree. The songs trust led by Elton John’s … Read more

Will crackdown on £1bn rip-off really cut your insurance bill?

Will the crackdown on £1bn rip-off REALLY cut your insurance bill? By Toby Walne, Financial Mail on Sunday Published: 21:52 BST, 26 September 2020 | Updated: 21:52 BST, 26 September 2020 Insurers have finally been ordered to end the loyalty rip-off after years of campaigning by The Mail on Sunday.  The City watchdog – the … Read more

The £1bn cost of maternity blunders: Jeremy Hunt exposes damning toll of lawsuits against NHS

Blunders on maternity wards are costing the NHS nearly £1billion a year, the former Health Secretary warns today. Jeremy Hunt has revealed that almost twice as much is spent on lawsuits following poor care of mothers and babies as on the combined pay of all the labour doctors in England’s hospitals. The expenditure was part of … Read more

Bill for new emergency services walkie-talkies up by another £1bn… but delayed another TWO years

It’s radio gaga! Bill for new emergency services walkie-talkies shoots up by another £1bn… but they will be delayed by another TWO years New walkie-talkies for police have been delayed until 2024 at the earliest The £10bn upgrade is already five years behind schedule and £4bn over budget The Emergency Services Network will replace the … Read more

Fitness buff builds £1bn Gymshark clothes brand from parents’ garage

Fitness buff and former pizza delivery driver builds £1bn Gymshark clothes brand from his parents’ garage By Daily Mail City & Finance Reporter Published: 21:50 BST, 14 August 2020 | Updated: 21:50 BST, 14 August 2020  A 28-year-old fitness buff and former pizza delivery driver has sealed a deal which values his online gym clothing … Read more