Ebay’s £7bn ads deal faces probe by watchdog in monopoly fears

Ebay’s £7bn ads deal faces probe by competition watchdog in monopoly fears The CMA has started examining eBay’s £7billion deal with Norway’s Adevinta  Ebay is selling its classified ads division that includes Gumtree and Motors.co.uk  The CMA is scrutinising the deal because Gumtree and Motors.co.uk have millions of UK users between them By Helen Cahill … Read more

Foreign bidders in £7bn swoop on RSA: Boss eyes £16m windfall

Foreign bidders in £7bn swoop on RSA: Boss Stephen Hester eyes £16m windfall after joint approach from Canadian and Danish firms By Lucy White For The Daily Mail Published: 21:50 GMT, 5 November 2020 | Updated: 21:50 GMT, 5 November 2020 One of Britain’s oldest companies is set fall into foreign hands after a £7billion … Read more

Furlough extension costs £7BN: economic impact of lockdown emerges

The Government’s extension of the furlough scheme to cover worker wages during the new lockdown will cost £7 billion, MailOnline understands. As Boris Johnson last night pledged to extend payments at 80% to December, the impact on Britain’s already crippled economy emerged, with one expert claiming the new rules will cost £1.8billion each day. The Prime … Read more

Billionaire brothers buying Asda for £7bn are hit by credit rating setback

Billionaire brothers buying Asda for £7bn are hit by credit rating setback as their petrol station business is downgraded to ‘junk’ territory By City & Finance Reporter for the Daily Mail Published: 22:27 GMT, 28 October 2020 | Updated: 22:44 GMT, 28 October 2020 The billionaire brothers buying Asda for £7 billon have suffered a … Read more

Savers lose out on up to £7bn in interest by sticking with big banks

Savers are losing out on up to £7 billion in interest rewards by sticking with the big banks. While smaller banks and building societies have been tentatively raising rates, big banks continue to pay virtually no interest at all. Yet money has been pouring into the latter as savers have put more money aside for … Read more

Savers losing out on up to £7bn in interest by sticking with big banks

Savers are losing out on up to £7 billion in interest rewards by sticking with the big banks. While smaller banks and building societies have been tentatively raising rates, big banks continue to pay virtually no interest at all. Yet money has been pouring into the latter as savers have put more money aside for … Read more

High-flying ‘foxy blonde’ fixer drags George Clooney’s charity into battle over £7bn Barclays deal 

High-flying ‘foxy blonde’ fixer drags George Clooney’s charity into battle over £7billion Barclays deal Miss Staveley said then-Barclays executive Roger Jenkins pushed her to donate  The financier has also accused executives at the bank of sexism and misogyny There is no suggestion that Mr Clooney knew about the discussions going on  By Helen Cahill For … Read more

Coronavirus UK: £7bn owed to holidaymakers for cancelled trips

The UK’s biggest tour operator, TUI, has extended the suspension of its holidays for the next six weeks, having previously suspended operation until May 14. The company announced that all trips would be cancelled up to and including June 11, and warned customers wanting cash refunds that their call centres are ‘incredibly busy’.     Meanwhile, thousands … Read more

The £7bn coronavirus holiday refund rip-off

British Airways: The refund option has been removed from its website but the option to claim a voucher remains. The customer service line is frequently engaged or puts callers on hold for hours. Customers are being encouraged to apply for a voucher equal to the value of their flight but must pay more if it … Read more