Shell follows BP to posted a multi-billion pound loss for 2020

Shell joins Big Oil rout as 2020 loss hits £15bn: Supermajor follows BP and ExxonMobil plunging into the red By Mark Shapland For The Daily Mail Published: 21:51 GMT, 4 February 2021 | Updated: 21:51 GMT, 4 February 2021 Shell followed rival BP and posted a multi-billion pound loss for 2020. In what chief executive … Read more

Ryanair strikes multi-billion pound deal to buy 75 scandal-hit Boeing 737 Max jets

Ryanair strikes multi-billion pound deal to buy 75 scandal-hit Boeing 737 Max jets The airline’s order is the first since the aircraft was given the all-clear to fly again  All 737 Max planes were grounded in March 2019 following two crashes  Ryanair’s order has a list value of almost £7bn – but the firm didn’t … Read more

Spending review: Chancellor Rishi Sunak unveils multi-billion pound investment

Rishi waves the cheque book AGAIN: Chancellor unveils multi-billion pound investment with £100bn on infrastructure, £20bn on housing and £19bn on transport in bid to dig Britain out of Covid black hole By Mark Duell for MailOnline Published: 13:55 GMT, 25 November 2020 | Updated: 13:55 GMT, 25 November 2020 Advertisement Rishi Sunak today revealed … Read more

Multi-billion pound firm supplied Grenfell Tower with flammable cladding to save money

Multi-billion pound firm that supplied Grenfell Tower with flammable cladding shunned a safer version to save money, says judge US company Arconic supplied polyethylene panels through company in France  Survivors file lawsuit in US because company based in Pittsburgh, Pennsylvania In court papers they accuse firm of putting lives at risk by supplying the product … Read more

London markets open down ahead of multi-billion pound ‘winter plan’

London markets reverse early losses to trade only 0.2% or 14 points down at 5,885 after Rishi Sunak reveals ‘winter plan’ to protect jobs FTSE 100 index of UK’s biggest companies falls 0.2% or 14 points to 5,885 today But it turned around early losses which saw it trading down 1.3% this morning   Rishi Sunak … Read more

Rishi Sunak’s multi-billion pound rescue package for the self-employed

Rishi Sunak to announce cash bail-out for five million self-employed Britons facing coronavirus ruin – after promise to cover 80% of laid-off workers’ incomes Chancellor Rishi Sunak is preparing the fresh coronavirus economic bailout  Follows announcement that Government would cover 80% of employers’ wages Musicians said the outbreak caused ‘complete shutdown of our places of work’  … Read more

President Trump signs multi-billion dollar emergency coronavirus relief bill

President Trump has signed into law a multi-billion dollar emergency coronavirus relief bill.  The signing of the bipartisan bill came Wednesday evening, just hours after it passed in the Senate.  The $105 billion bill provides safety net programs for Americans affected by COVID-19, including paid sick and family leave.  The legislation also provides free testing … Read more