EasyJet ‘may need to raise £1bn cash’ through a rights issue

EasyJet ‘may need to raise £1bn cash’ through a rights issue Analyst Mark Manduca says it may have to raise between £700m and £1bn Manduca warned that several things ‘could worsen this outcome’  By Ben Harrington For The Mail On Sunday Published: 22:31 BST, 9 May 2020 | Updated: 10:23 BST, 10 May 2020 A top … Read more

Lloyds boosts Covid lending: Bank boasts it approved loans worth £1bn

At last! Lloyds ramps up Covid lending: Bank boasts it has approved £1billion worth of loans to 32,000 firms By James Salmon for the Daily Mail Published: 22:54 BST, 5 May 2020 | Updated: 23:41 BST, 5 May 2020 Lloyds approved seven times as many ‘bounce back’ loans to struggling firms in a day than … Read more

British make-up brand Charlotte Tilbury at centre of £1bn bidding war

British make-up brand Charlotte Tilbury at centre of £1bn bidding war between Unilever, L’Oreal and Estee Lauder By Daily Mail City & Finance Reporter Published: 21:51 BST, 29 April 2020 | Updated: 22:02 BST, 29 April 2020 A bidding war has broken out over British make-up brand Charlotte Tilbury, with beauty giants Unilever, L’Oreal and … Read more

MARKET REPORT: Informa eyes £1bn cash call as virus cuts deep

MARKET REPORT: Exhibitions and events organiser Informa goes cap in hand to investors to raise as much as £1bn to weather coronavirus pandemic By Francesca Washtell For The Daily Mail Published: 22:29 BST, 16 April 2020 | Updated: 22:32 BST, 16 April 2020 Exhibitions and events organiser Informa has gone cap in hand to investors … Read more

Twitter co-founder and CEO Jack Dorsey will donate $1bn of his personal wealth to coronavirus relief

Twitter co-founder and chief executive Jack Dorsey said Tuesday he was committing $1 billion of his personal fortune to coronavirus relief through his philanthropic fund. Dorsey, 43, revealed in a series of tweets that he would transfer his equity in his digital payments group Square to his limited liability corporation Start Small, contributing around 28 … Read more

Google paid £44m in corporation tax in the UK last year but gave more than £1bn in pay and bonuses

Google has been blasted for paying just £44million in corporation tax in the UK last year despite handing out more than £1billion in pay and bonuses to staff. The payment is down on the £66million paid in 2018, due to profits falling following the hiring of 800 workers, including 400 new research and development (R&D) … Read more

Blackrock profits surge 40% to £1bn

Blackrock profits surge 40% to £1bn: Investment titan manages £5.7trillion for savers and pension funds By Daily Mail City & Finance Reporter Published: 22:09 BST, 15 January 2020 | Updated: 22:09 BST, 15 January 2020 Profits at Blackrock, the world’s largest asset manager, shot up 40 per cent to £1billion in a year which saw … Read more

£1bn takeover of razor brand Harry’s ditched over competition concerns

£1bn takeover of razor brand Harry’s by Wilkinson Sword-owner is ditched due to US competition concerns By Daily Mail City & Finance Reporter Published: 21:51 BST, 10 February 2020 | Updated: 09:39 BST, 11 February 2020 Edgewell Personal Care, the owner of Wilkinson Sword, was set to buy rival Harry’s The £1.1billion takeover of razor … Read more

Sky and BT face £1bn loss if top-flight sport stays off-air

Sky and BT could lose nearly £1bn if top-flight sport stays off-air until August By Matt Oliver For The Daily Mail Published: 21:51 GMT, 26 March 2020 | Updated: 21:51 GMT, 26 March 2020 Sky and BT could lose nearly £1billion in revenues if top-flight sports remain off-air until August, a report warns.  The Premier … Read more