550m

Woodford investors are owed £550m, a year after fund’s crash

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The hopes of investors still stuck in disgraced manager Neil Woodford’s Equity Income fund of getting the rest of their money back anytime soon are at a low.  A year after the fund was frozen, while two payments worth £2.3billion have been made to investors since the fund’s suspension last year, there is still some … Read more

Savers’ lifeline as Tesco mulls £550m payout: 220,000 small investors in line for dividend

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Savers’ lifeline as Tesco mulls £550m payout: 220,000 small investors in line for dividend By Matt Oliver For The Daily Mail Published: 21:55 BST, 5 April 2020 | Updated: 22:15 BST, 5 April 2020 Tesco is expected to press ahead with a £550m dividend for shareholders this week.  The supermarket giant is likely to post … Read more

Designers unveil a £550m superyacht that doubles as a rescue vessel during hurricanes

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Designers unveil a £550m superyacht that doubles as a rescue vessel during hurricanes and boasts a three-storey nightclub, sky bar and infinity pool The Miami superyacht was designed in the wake of Hurricane Hurricane Dorian’s devastation of the Bahamas  It measures 436 feet long, 65 feet wide and can house 20 guests and 44 crew members, … Read more

Tycoon from India’s richest family tells London High Court he can’t pay back £550m loan 

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Anil Ambani told the High Court that he lost all of his money in the 2008 financial crash The brother of India’s richest man has told the High Court in London that he’s broke and unable to pay back a £550million loan. Anil Ambani, once the sixth richest man in the world and the money … Read more