China has poured billions of dollars of investment into the Caribbean while signing tax and trade deals in an attempt to wrest the region out of the West’s sphere of influence and bring it under the sway of Beijing. The Chinese government has invested at least $7billion in six Caribbean nations since 2005, records show … Read more
Rishi Sunak ‘wants to divert billions from foreign aid budget to pay for spies, drones and cyberweapons’ UK has a legal obligation to spend 0.7 percent of GDP (£15.8bn this year) on aid But a review of foreign, defence and security policy could see priorities shift Sunak has told Cabinet any boost for defence will … Read more
Another record month for Premium Bond buys: Billions more are now in the draw – does it make the odds of winning a £1m jackpot far slimmer? Savers have poured billions of pounds into Treasury-backed NS&I since March The bank is effectively propping up savings rates and hoovering up billions There were 6.2bn £1 Premium … Read more
Fears Rolls-Royce will need billions in taxpayer bailout: Engineer has taken a £3bn Covid pandemic hit By Francesca Washtell For The Daily Mail Published: 21:50 BST, 9 July 2020 | Updated: 21:50 BST, 9 July 2020 Rolls-Royce burned through £3billion of cash during the first six months of the year as coronavirus dealt a hammer-blow … Read more
Billions of stolen usernames and passwords discovered for sale on the Dark Web – with bank accounts being flogged for as little as £56 Cybersecurity firm Digital Shadows said it found more than 15 billion credentials Bank account details were available for between £56 and £400 apiece Five billion of the identified credentials were assessed … Read more
Hand back furlough billions, firms are urged as builder Redrow becomes the latest to pledge to return the money By Matt Oliver For The Daily Mail Published: 22:26 BST, 30 June 2020 | Updated: 22:26 BST, 30 June 2020 Big companies are facing pressure to hand back taxpayer cash used to furlough their staff after … Read more
Accounting scandal engulfs one-time German fintech star: Missing billions push Wirecard to edge of ruin By Matt Oliver For The Daily Mail Published: 21:58 BST, 22 June 2020 | Updated: 21:58 BST, 22 June 2020 Hanging by a thread: A £1.7billion black hole in the firm’s accounts leave its future in doubt Two years ago, … Read more
Billions of ash trees could be rescued from a killer beetle through cross-breeding with more resistant varieties and gene editing, scientists have claimed. Emerald Ash Borer larvae have already killed millions worldwide by burrowing through their stems and sucking out the nutritious fluids. But scientists at Queen Mary University of London and the Royal Botanic … Read more
Think of Chancellor Rishi Sunak as a smiling salesman of payday loans, and you will begin to get the picture. ‘Yes, of course you can have the money. Happy to help!’ he says as he hands over the wads of notes. But it will not be the cheery face of Mr Sunak that you see … Read more
Let the experiment begin. Football returns on Saturday and the eyes of Europe and the world will be on Germany. As well as a thrilling title race, a gruelling relegation battle and an iconic local derby, the real attraction this weekend will be the answer to that billion-dollar question: can it work? ‘There will be … Read more