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Politicians and campaigners angrily rejected long-awaited Government plans to end the cladding scandal yesterday as a betrayal of innocent leaseholders. Housing Secretary Robert Jenrick pledged a further £3.5billion to help end the safety crisis following the 72 deaths in the Grenfell disaster. More than a million leaseholders face bills of up to £115,000 to fix … Read more
Politicians and campaigners angrily rejected long-awaited Government plans to end the cladding scandal yesterday as a betrayal of innocent leaseholders. Housing Secretary Robert Jenrick pledged a further £3.5billion to help end the safety crisis following the 72 deaths in the Grenfell disaster. More than a million leaseholders face bills of up to £115,000 to fix … Read more
Up to £3.5BILLION of furlough cash may have been given to fraudulent companies or handed out in error, HMRC chief reveals, as Rishi Sunak prepares to scrap wage subsidy scheme next month HMRC boss Jim Harra said as much as 10 per cent of furlough could be suspect The Government has paid out a total … Read more
It’s lift off! Elon Musk’s SpaceX is now worth £35bn after becoming the first private enterprise to send humans into space By Matt Oliver For The Daily Mail Published: 21:50 BST, 19 August 2020 | Updated: 21:50 BST, 19 August 2020 Elon Musk’s rocket company SpaceX has been valued at $46billion (£35million) after a new … Read more
The coronavirus pandemic has left the Greater London area with an estimated £5.7billion black hole in its public finances – after the lockdown and work from home economy sapped £575million a day from the capital’s economy in a £66.9billion hammer blow. Now taxpayers face having to pick up the bill for the lost revenue in … Read more
We want your cash! The Government turns to Britain’s army of savers with NS&I now looking to rake in £35bn this year as it ups target by 500% in wake of coronavirus Treasury-backed bank raises financing target from £6bn to £35bn It comes as NS&I now has a number of best buy savings deals Rates … Read more
Investors piled into Mitie after it unveiled plans to form the UK’s biggest support services group through a deal with Interserve. Mitie has agreed to pay £271million to take over its rival’s facilities management arm, creating a mega-business with almost 88,000 staff and turnover of £3.5billion. Combining resources would save the firms millions of pounds … Read more
Scuttled cruise operator Carnival to sell off six ships after sinking to a £3.5bn loss By Daily Mail City & Finance Reporter Published: 21:58 BST, 18 June 2020 | Updated: 21:58 BST, 18 June 2020 Carnival warned there is more pain to come after it dived to a record £3.5billion loss in the second quarter. … Read more