Virgin Money sinks to a £168m full year loss after putting £500m aside to cover bad loans By Lucy White For The Daily Mail Published: 21:51 GMT, 25 November 2020 | Updated: 21:51 GMT, 25 November 2020 Virgin Money has sunk to a full-year loss after setting aside £501million to cover bad loans. The challenger … Read more
Lloyds Bank working on £500m technology project that includes better protection for customers from hackers By Emma Dunkley, Financial Mail On Sunday Published: 21:51 GMT, 31 October 2020 | Updated: 21:51 GMT, 31 October 2020 Lloyds Bank is working on a £500million technology project that includes better protection for customers from hackers. It is understood … Read more
Gambler who was denied £1.7m online blackjack win by Betfred would have made £500million if he had kept playing due to computer glitch, bookmaker tells High Court Andrew Green, 54, from Lincolnshire, won £1.7 million from Betfred in Jan 2018 The betting shop has refused to pay out claiming there was a ‘glitch’ in software Mr Green … Read more
Amazon will NOT be impacted by £500m digital services tax – but smaller retailers will be, HMRC admits Two per cent on tax on internet giants will not impact Amazon, HMRC admits Treasury said Digital Services Tax would make companies pay ‘fair contribution’ Business leaders say the tax is penalising smaller companies who use Amazon … Read more
Royal London and rival financial services firm LV= in talks about £500m tie-up By Daily Mail City & Finance Reporter Published: 21:50 BST, 27 September 2020 | Updated: 21:56 BST, 27 September 2020 Royal London and rival financial services firm LV= are in talks about a £500m tie-up. The potential deal could see the pair … Read more
More than £500million was wiped off the value of Britain’s top builders as figures showed house prices had started to fall before the virus lockdown. Shares sank after data was released by the Office for National Statistics (ONS) and the Land Registry, revealing that house prices went into reverse in April. In an ominous warning, … Read more
PAUL THOMAS on… Rishi Sunak’s £500m meal deal giveaway By Paul Thomas For The Daily Mail Published: 02:33 BST, 9 July 2020 | Updated: 02:33 BST, 9 July 2020 Advertisement That’s a rich dish, Rishi! Share or comment on this article:
Councils warn of £10billion cash black hole as Robert Jenrick pumps an extra £500million into struggling English local authorities – less than £1.5million each – amid bankruptcy fears Local Government Secretary said cash would go towards covering lost income It is part of £4.3billion package of support put in place by the Government so far … Read more
New images of British billionaire Sir James Dyson’s failed electric car project have been revealed, showing the seven-seat plug-in SUV in greater detail. The protoype, which has a claimed range of 600 miles on a single charge, is the only car built before the plans for an electric vehicle range were axed last October after … Read more
British billionaire Sir James Dyson has unveiled the sole prototype of his company’s electric car that was cancelled for being ‘too risky’. The aborted ‘N526’ Dyson electric car, which Dyson piled £500 million of his own money into before pulling the plug, is a 16-foot-long seven-seater, electric SUV. The 2.6 tonne-vehicle features an aluminium body, … Read more