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More than £500million was wiped off the value of Britain’s top builders as figures showed house prices had started to fall before the virus lockdown. Shares sank after data was released by the Office for National Statistics (ONS) and the Land Registry, revealing that house prices went into reverse in April. In an ominous warning, … Read more
The High Court in London previously published rulings relating to the legal battle between Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum and his former wife Princess Haya bint Al Hussain of Jordan. Here is a timeline of events in the case. July 15, 1949 – Sheikh Mohammed is born in Dubai. May 3, 1974 … Read more
PAUL THOMAS on… Rishi Sunak’s £500m meal deal giveaway By Paul Thomas For The Daily Mail Published: 02:33 BST, 9 July 2020 | Updated: 02:33 BST, 9 July 2020 Advertisement That’s a rich dish, Rishi! Share or comment on this article:
Councils warn of £10billion cash black hole as Robert Jenrick pumps an extra £500million into struggling English local authorities – less than £1.5million each – amid bankruptcy fears Local Government Secretary said cash would go towards covering lost income It is part of £4.3billion package of support put in place by the Government so far … Read more
New images of British billionaire Sir James Dyson’s failed electric car project have been revealed, showing the seven-seat plug-in SUV in greater detail. The protoype, which has a claimed range of 600 miles on a single charge, is the only car built before the plans for an electric vehicle range were axed last October after … Read more
British billionaire Sir James Dyson has unveiled the sole prototype of his company’s electric car that was cancelled for being ‘too risky’. The aborted ‘N526’ Dyson electric car, which Dyson piled £500 million of his own money into before pulling the plug, is a 16-foot-long seven-seater, electric SUV. The 2.6 tonne-vehicle features an aluminium body, … Read more
Start-ups hit by the lockdown have been given fresh hope for survival as applications for the Government’s coronavirus Future Fund opened today. The new scheme, which has been developed alongside the British Business Bank, will issue convertible loans between £125,000 to £5million to innovative companies which are facing financing difficulties due to the coronavirus outbreak. … Read more
Hedge funds bet on £500m cash call at shopping centre landlord Hammerson due to coronavirus crisis Hammerson may tap investors for up to £500m to cope with coronavirus crisis A major deal to offload seven retail parks fell through as buyer Orion pulled out Hammerson will get to keep the £21m deposit paid by the bidder … Read more
Lloyds suffers profits collapse as it comes under fire for handing out just £500m under coronavirus Loans Scheme By Lucy White For The Daily Mail Published: 21:51 BST, 30 April 2020 | Updated: 22:32 BST, 30 April 2020 Lloyds suffered a collapse in profits as it came under fire for its lacklustre lending under the … Read more
Sainsbury’s predicts loss of more than £500m profits this year as it reports 2% drop in quarterly profits of £586m By Martin Robinson, Chief Reporter For Mailonline Published: 07:28 BST, 30 April 2020 | Updated: 07:31 BST, 30 April 2020 Sainsbury’s today warned the coronavirus crisis will cost them £500million over the coming year as … Read more