Homeowners in dangerous buildings are being hit with crippling bills because ministers have ‘buried their heads in the sand’ since the Grenfell disaster. About four million people are affected, with more than a million flat-owners paying £2.2billion a year for safety measures and extra insurance. The scandal, which has left families stuck in fire traps … Read more
British Airways owner IAG had a torrid 2020, to put it lightly, but things are looking up for Britain’s flag carrier after it secured a £2billion loan yesterday that it will be able to start tapping into this month. The facility has been underwritten by banks and partly by UK Export Finance, a Government arm … Read more
UK chip maker valued at £2.1bn as it eyes float: Nvidia rival Graphcore on path to London listing By Daily Mail City & Finance Reporter Published: 08:17 GMT, 30 December 2020 | Updated: 08:17 GMT, 30 December 2020 Bristol-based company Graphcore has raised another £162million from investors, setting pulses racing that the chip designer could … Read more
Businesses leaders on the warpath as High Street loses £2bn a week in lockdown By Tom Witherow For The Daily Mail Published: 22:01 GMT, 17 November 2020 | Updated: 23:25 GMT, 17 November 2020 Business leaders yesterday slammed the Government’s handling of the coronavirus crisis and said the lockdown in England has left thousands of … Read more
Rolls-Royce bosses will be breathing a sigh of relief after it completed a bumper £2billion fundraising that will unlock even more emergency cash. Britain’s flagship engineering group was aiming to sell 6.5bn new shares to existing investors in what is known as a rights issue. Rolls earns a hefty chunk of its money from maintaining … Read more
Scottish Mortgage defends £2bn Tesla holding after selling out of Facebook and shrinking Amazon stake By Hugo Duncan for the Daily Mail Published: 21:51 GMT, 6 November 2020 | Updated: 21:51 GMT, 6 November 2020 Britai’s oldest investment trust has defended its near-£2billion stake in Tesla after selling out of Facebook and trimming its holding … Read more
Bezos cashes in £2bn with Amazon shares up more than 70% this year as pandemic drives more shoppers online By Matt Oliver For The Daily Mail Published: 21:53 GMT, 5 November 2020 | Updated: 22:00 GMT, 5 November 2020 Amazon boss Jeff Bezos has sold more than £2billion of shares as he cashes in on … Read more
China’s richest man loses £2bn in one day after Ant Group float is blocked by Beijing By Francesca Washtell For The Daily Mail Published: 21:51 GMT, 4 November 2020 | Updated: 21:51 GMT, 4 November 2020 China’s richest man Jack Ma had more than £2billion wiped off his fortune in one day after Beijing blocked … Read more
Retailers, hotels and restaurants in London’s West End braced for £2bn slump in sales over Christmas season By Harriet Dennys, Financial Mail On Sunday Published: 21:51 GMT, 31 October 2020 | Updated: 21:51 GMT, 31 October 2020 Retailers, hotels and restaurants in London’s West End are braced for a £2billion slump in sales over the … Read more
As coronavirus crisis tears through corporate Britain, US tech titans are raking in £2bn a day By Matt Oliver For The Daily Mail Published: 22:27 GMT, 29 October 2020 | Updated: 22:47 GMT, 29 October 2020 America’s technology titans are raking in nearly £2bn a day even as the coronavirus pandemic ravages the global economy, … Read more