62bn

Savers withdrew staggering £6.2bn from NS&I accounts in November

by

Savers withdrew a staggering £6.2bn from NS&I accounts in November after rate cuts… as January’s Premium Bonds winners are named UK households saved more with banks and building societies during the month  They put £17.6bn in cash accounts, up 38% from £12.7bn saved in October A woman from West Scotland and a woman in Barnet … Read more

Extra £62bn of housing sales agreed this year

by

Extra £62bn of housing sales agreed this year off back of post-lockdown mini-boom By Daily Mail City & Finance Reporter Published: 21:50 GMT, 20 December 2020 | Updated: 21:50 GMT, 20 December 2020 An extra £62billion of housing sales have been agreed this year off the back of a post-lockdown mini-boom, according to Zoopla.  The … Read more

Rescue deal lined up for Cineworld as Covid-19 leaves it struggling with £6.2bn of debt

by

Rescue deal lined up for Cineworld as Covid-19 leaves it struggling under weight of £6.2bn debt pile Cineworld had to close all of its 127 sites in the UK during the first lockdown  It is considering a company voluntary arrangement (CVA)  This form of insolvency would see it pay a portion of its debt back to … Read more

Just Eat’s £6.2bn merger with Takeaway.com is cleared by watchdog 

by

Just Eat’s £6.2bn merger with Dutch group Takeaway.com is cleared by watchdog By Daily Mail City & Finance Reporter Published: 21:51 BST, 23 April 2020 | Updated: 21:51 BST, 23 April 2020 Just Eat’s £6.2billion tie-up with Takeaway.com has been cleared by the competition watchdog. The online food delivery firm’s merger with the Dutch group … Read more

EU in spending row after Britain leaves £62bn hole in budget

by

Meanwhile in Brussels… EU budget talks end WITHOUT an agreement as Austria, Denmark, the Netherlands and Sweden REFUSE to pay more to plug the 75bn euro hole left by Brexit and increase spending on climate change The 27 EU countries didn’t agree on the size of bloc’s budget or how to spend it Chancellor Angela … Read more