Ben Wallace: £24bn funding boost is enough to fill MOD blackhole

Ben Wallace today admitted he does not know how the Government will fund a £24 billion budget boost for the Ministry of Defence amid fears UK foreign aid spending will be raided. Boris Johnson has announced the armed forces will receive an extra £16.5 billion over the next four years on top of a previous … Read more

Amazon boss Jeff Bezos cashes in £2.4bn worth of shares

Amazon boss Jeff Bezos cashes in £2.4bn worth of shares as pandemic boosts sales By Daily Mail City & Finance Reporter Published: 21:51 BST, 6 August 2020 | Updated: 21:51 BST, 6 August 2020 Jeff Bezos has cashed in £2.4billion worth of shares, as Amazon’s sales are supercharged by the pandemic. The ecommerce business’s 56-year-old … Read more

£24bn lent over Covid sparks bad debt fears

Taxpayers will pay the cost of Bounce Back loans: £24bn lent over Covid sparks bad debt fears By James Salmon for the Daily Mail Published: 23:55 BST, 9 June 2020 | Updated: 23:56 BST, 9 June 2020 The extraordinary take-up of Bounce Back loans will result in ‘absolutely massive bad debts’ for taxpayers, a think-tank … Read more

Netflix looked at bid to buy £2.4bn Regal Cinemas

Netflix looked at bid to buy £2.4bn Regal Cinemas before it was snapped up by Cineworld By Jamie Nimmo For The Financial Mail On Sunday Published: 22:31 BST, 23 May 2020 | Updated: 22:31 BST, 23 May 2020 Netflix looked at buying the second largest cinema chain in the US before it was snapped up … Read more

O2 in £24bn merger talks with Virgin Media

O2 in talks with rival Virgin Media about potential £24bn mega-merger By Daily Mail City & Finance Reporter Published: 22:10 BST, 4 May 2020 | Updated: 22:10 BST, 4 May 2020 O2 is in talks with rival Virgin Media about a potential £24 billion mega-merger, it was confirmed yesterday.  The tie-up would transform the telecoms … Read more