44m

Ocado delivers record sales – but still manages to make a £44m loss

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Ocado delivers record sales – but still manages to make a £44m loss after investing in technology By Tom Witherow For The Daily Mail Published: 23:15 GMT, 9 February 2021 | Updated: 23:15 GMT, 9 February 2021 Ocado posted sales of more than £2billion for the first time despite losing customers in the pandemic. Revenues … Read more

Hedge fund manager who fell ‘victim’ to GameStop frenzy is expanding his $44m Miami Beach mansion

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A hedge fund manager who suffered massive losses as part of the GameStop feeding frenzy is in the midst of expanding his $44 million Miami Beach home, it has emerged. Gabe Plotkin, who founded Melvin Capital Management in 2014, has seen his company lose 53 per cent of its value in January – in large … Read more

B&M Bargain’s boss funnels £44m offshore as sales boom

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B&M boss funnels £44m offshore as bargain retailer emerges as one of the pandemic’s biggest winners By Tom Witherow For The Daily Mail Published: 21:50 GMT, 12 November 2020 | Updated: 22:13 GMT, 12 November 2020 B&M Bargains’ billionaire chief executive has funnelled £44million in dividends to his offshore family trust after emerging as one … Read more

Security firm G4S to pay £44m+ after overcharging government

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Security giant G4S has been ordered to pay £44.4 million to avoid prosecution after ‘very substantially’ overcharging the Government for tagged criminals – including some who had died. The Serious Fraud Office (SFO) and G4S agreed a fine of more than £38.5 million and costs of £5.9 million after a near-decade-long probe found three counts … Read more

BBC Four facing the axe as bosses look to move some of its £44m budget to youth channel BBC Three 

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BBC Four is facing the axe as corporation prepares to reassign some of its £44million programme budget to youth channel BBC Three Despite the financial outlay, the highbrow channel attracts just 2% of all viewers With the average viewer aged 64, the BBC wants to win over a younger audience Presenters rally to try and … Read more

Google paid £44m in corporation tax in the UK last year but gave more than £1bn in pay and bonuses

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Google has been blasted for paying just £44million in corporation tax in the UK last year despite handing out more than £1billion in pay and bonuses to staff. The payment is down on the £66million paid in 2018, due to profits falling following the hiring of 800 workers, including 400 new research and development (R&D) … Read more