Breaking news
End of duty-free ‘will cost billions’: Luxury goods firms including Gucci and Tiffany warn that ending VAT refunds will hit UK economy hard Rishi Sunak is ending VAT refunds for international visitors to British shops It is estimated the move could cost the economy up to £3.5billion 11 leading luxury firms have written to Chancellor … Read more
The European Union hit the headlines last week when it borrowed €17billion, or £15billion, in ‘social bonds’, which would be dished out to member states to help them recover from the coronavirus pandemic. Brussels’ first ever coronavirus-linked issuance sparked a feeding frenzy from investors, with demand for the debt of its 27 member states hitting … Read more
Kanye West discloses he’s worth ‘hundreds of millions of dollars’ (not billions!) in documents filed as part of his controversial presidential bid The rapper, 43, set out his finances in forms submitted to the Federal Election Commission He values three of his companies at $50 million apiece He claims his partnerships with Adidas and Nike … Read more
Billions starring Damian Lewis gets renewed by Showtime for a sixth season as Corey Stoll is promoted to a series regular By Deirdre Simonds For Dailymail.com Published: 21:52 BST, 1 October 2020 | Updated: 21:55 BST, 1 October 2020 Billions was renewed for a sixth season at Showtime on Thursday, in addition to confirmation that … Read more
Modern dual-flush toilets intended to save water actually waste BILLIONS of gallons every year, reveals report Some 88 million gallons of water is wasted by toilets in the UK every day Up to eight percent of toilets are leaking, experts say, mostly dual-flush toilets The two buttons also confuse users, who often use the wrong … Read more
China has poured billions of dollars of investment into the Caribbean while signing tax and trade deals in an attempt to wrest the region out of the West’s sphere of influence and bring it under the sway of Beijing. The Chinese government has invested at least $7billion in six Caribbean nations since 2005, records show … Read more
Who is their enemy? Notoriously neutral Switzerland unveils plans to spend billions on new fighter jets – despite not having fought a war in 200 years Many believe the country can’t afford the war planes and doesn’t need them Voters will get their say on September 27 on whether the plans should go ahead The … Read more
Rishi Sunak ‘wants to divert billions from foreign aid budget to pay for spies, drones and cyberweapons’ UK has a legal obligation to spend 0.7 percent of GDP (£15.8bn this year) on aid But a review of foreign, defence and security policy could see priorities shift Sunak has told Cabinet any boost for defence will … Read more
Another record month for Premium Bond buys: Billions more are now in the draw – does it make the odds of winning a £1m jackpot far slimmer? Savers have poured billions of pounds into Treasury-backed NS&I since March The bank is effectively propping up savings rates and hoovering up billions There were 6.2bn £1 Premium … Read more
Fears Rolls-Royce will need billions in taxpayer bailout: Engineer has taken a £3bn Covid pandemic hit By Francesca Washtell For The Daily Mail Published: 21:50 BST, 9 July 2020 | Updated: 21:50 BST, 9 July 2020 Rolls-Royce burned through £3billion of cash during the first six months of the year as coronavirus dealt a hammer-blow … Read more