Aerospace bosses in £1bn fund to prop up suppliers

Top aerospace companies plotting £1bn bailout fund to help suppliers stricken by coronavirus crisis By Daily Mail City & Finance Reporter Published: 21:50 BST, 9 August 2020 | Updated: 21:50 BST, 9 August 2020 Top aerospace companies are plotting a £1billion bailout fund to help suppliers stricken by the virus crisis.  The fund would help … Read more

£1bn sale of scandal-hit Priory Group back on

American owner of drug rehabilitation centre that once treated supermodel Kate Moss could be about to revive £1bn sale of scandal-hit Priory Group By Ben Harrington, Financial Mail on Sunday Published: 21:54 BST, 18 July 2020 | Updated: 21:54 BST, 18 July 2020 The American owner of a drug rehabilitation centre that once treated supermodel … Read more

Next and Asos drop Boohoo clothes from websites as £1bn is wiped off fast fashion firm’s values

Next and Asos have dropped Boohoo clothes from their websites as influencers turn their backs and £1billion is wiped off the fast fashion firm’s value in two days over its Leicester lockdown factories scandal.  The Health and Safety Executive is probing three Leicester factories over claims staff are being forced to work with inadequate protection … Read more

Branson to put £200m into Virgin Atlantic as targets £1bn rescue deal

Branson to put £200m into Virgin Atlantic as it races to secure £1bn rescue deal By Daily Mail City & Finance Reporter Published: 21:51 BST, 1 July 2020 | Updated: 21:51 BST, 1 July 2020 Sir Richard Branson is set to pump £200million of emergency cash immediately into Virgin Atlantic as it races to secure … Read more

Priti Patel takes swipe at cabinet colleague Robert Jenrick over £1bn deal row

Priti Patel takes swipe at cabinet colleague Robert Jenrick over £1bn deal row – saying she ‘probably would not’ have acted as he did Home Secretary distances herself from Housing Secretary Robert Jenrick  Priti Patel says she ‘probably would not’ do the same thing as Cabinet colleague Mr Jenrick watched home scheme promotional video despite it … Read more

Hundreds of protesters camp outside City Hall in NYC and demand Mayor slash $1BN from NYPD

Hundreds of protesters camped outside City Hall are demanding that lawmakers slash the New York City police budget by $1billion. The ‘Occupy City Hall’ encampment began forming Tuesday following weeks of street protests sparked by the death of George Floyd and other black Americans killed by law enforcement.  The protesters are part of a national … Read more

Robert Jenrick ‘insistent’ Tory donor’s £1bn homes scheme passed before £50m tax hit, documents show

Cabinet minister Robert Jenrick pushed through a decision to allow a Tory donor’s £1billion housing development to allow him to save tens of millions of pounds in tax, documents tonight appear to show. The Housing Secretary tonight finally bowed to pressure to release correspondence over his role in the ‘cash for favours’ row involving Richard … Read more

Cabinet secretary launches probe into minister’s decision to approve Tory donor’s £1bn property deal

Top mandarin Sir Mark Sedwill launches probe into Housing Secretary Robert Jenrick’s decision to approve Tory donor’s £1billion property deal Robert Jenrick is accused of ‘cash for favours’ in dealings with Richard Desmond Mr Jenrick approved a 1,500-home development in east London in January  This was 2 months after he sat with Desmond at a … Read more

Housing Secretary Robert Jenrick admits giving green light to £1bn development helped Tory donor 

A minister admitted last night he knew he was saving a Tory donor tens of millions of pounds in approving a £1billion property scheme. Robert Jenrick faces claims of ‘cash for favours’ over his dealings with former newspaper tycoon Richard Desmond. He over-ruled the local council and a planning inspector a day before the introduction … Read more

Ocado taps investors for £1bn to add firepower amid boom in demand

Ocado taps investors for £1bn to add firepower amid boom in demand during the virus crisis By Matt Oliver For The Daily Mail Published: 21:50 BST, 10 June 2020 | Updated: 21:50 BST, 10 June 2020 Online supermarket Ocado last night launched a £1billion fundraising. The company said it planned to raise £657million through a … Read more