Global banks’ losses from the Archegos Capital implosion soars past £7bn By Daily Mail City & Finance Reporter Published: 23:15 BST, 27 April 2021 | Updated: 23:15 BST, 27 April 2021 Archegos Capital sent ripples across the world last month when it hit the buffers Banks’ losses from the Archegos Capital hedge fund implosion have … Read more
Billionaire Issa brothers who bought Asda for £7bn look poised to make a takeover bid for Caffe Nero after buying up £140m of the chain’s debt Mohsin, 49, and Zuber Issa, 48, could be due to make takeover bid for Caffe Nero The billionaire brothers have bought around £140m of the company’s debt Caffe Nero … Read more
Billionaire Issa brothers who bought Asda for £7bn look poised to make a takeover bid for Caffe Nero after buying up £140m of the chain’s debt Mohsin, 49, and Zuber Issa, 48, could be due to make takeover bid for Caffe Nero The billionaire brothers have bought around £140m of the company’s debt Caffe Nero … Read more
Asda boss Roger Burnley departs after the supermarket’s debt-fuelled £7bn takeover By Mark Shapland For The Daily Mail Published: 22:01 GMT, 18 March 2021 | Updated: 22:13 GMT, 18 March 2021 Asda’s boss has announced plans to step down just weeks after the supermarket’s debt fuelled £6.8billion takeover. Roger Burnley, who took charge in 2018, … Read more
Deliveroo unveils £7bn blockbuster London float: Boost to City as food delivery giant chooses Britain over New York, Asia or Europe By Matt Oliver For The Daily Mail Published: 21:50 GMT, 4 March 2021 | Updated: 21:50 GMT, 4 March 2021 Deliveroo has fired the starting gun on a blockbuster £7billionn stock market float in … Read more
Ebay’s £7bn ads deal faces probe by competition watchdog in monopoly fears The CMA has started examining eBay’s £7billion deal with Norway’s Adevinta Ebay is selling its classified ads division that includes Gumtree and Motors.co.uk The CMA is scrutinising the deal because Gumtree and Motors.co.uk have millions of UK users between them By Helen Cahill … Read more
High streets in Tier Four face a £7billion nightmare after having to suddenly pull down the shutters at the busiest time of the year. The huge sum could be lost in takings for the Christmas week through to the Boxing Day and January sales after new Covid restrictions were imposed. It is feared thousands of … Read more
Foreign bidders in £7bn swoop on RSA: Boss Stephen Hester eyes £16m windfall after joint approach from Canadian and Danish firms By Lucy White For The Daily Mail Published: 21:50 GMT, 5 November 2020 | Updated: 21:50 GMT, 5 November 2020 One of Britain’s oldest companies is set fall into foreign hands after a £7billion … Read more
The Government’s extension of the furlough scheme to cover worker wages during the new lockdown will cost £7 billion, MailOnline understands. As Boris Johnson last night pledged to extend payments at 80% to December, the impact on Britain’s already crippled economy emerged, with one expert claiming the new rules will cost £1.8billion each day. The Prime … Read more
Billionaire brothers buying Asda for £7bn are hit by credit rating setback as their petrol station business is downgraded to ‘junk’ territory By City & Finance Reporter for the Daily Mail Published: 22:27 GMT, 28 October 2020 | Updated: 22:44 GMT, 28 October 2020 The billionaire brothers buying Asda for £7 billon have suffered a … Read more