Penguin’s £1.6bn takeover of US rival Simon & Schuster to be probed

Penguin’s £1.6bn takeover of US publishing rival to be probed amid competition concerns By Daily Mail City & Finance Reporter Published: 21:50 GMT, 22 March 2021 | Updated: 21:50 GMT, 22 March 2021 Competition concerns: Pengion Random house paid £1.6bn for Simon & Schuster Penguin Random House’s £1.6billion takeover of a US publishing rival is to … Read more

Irish brothers worth £16bn as value of their fintech giant soars 

It’s a long way from Tipperary! Irish brothers are worth £16 billion as value of their fintech giant soars By Mark Shapland For The Daily Mail Published: 21:57 GMT, 15 March 2021 | Updated: 21:57 GMT, 15 March 2021 Two Irish brothers have seen their fortune soar above £16billion after their fintech company Stripe was … Read more

Boris Johnson £16bn defence spend to restore UK as great naval power

Britain will become Europe’s greatest naval power again after a £16.5billion boost to defence spending, Boris Johnson vowed yesterday. The Prime Minister said he would ‘restore Britain’s position’ as the ruler of the waves rather than allow the UK to ‘curl up in our island and leave the task to our friends’. Billions of pounds of … Read more

PM’s £16bn defence splurge will make UK ‘greatest naval power in Europe’ once more 

Britain will become Europe’s greatest naval power again after a £16.5billion boost to defence spending, Boris Johnson vowed yesterday. The Prime Minister said he would ‘restore Britain’s position’ as the ruler of the waves rather than allow the UK to ‘curl up in our island and leave the task to our friends’. Billions of pounds of … Read more

Struggling Aviva selling Singapore arm for £1.6bn

Struggling Aviva selling Singapore arm for £1.6bn as new boss Amanda Blanc fights to turn company around By Daily Mail City & Finance Reporter Published: 21:51 BST, 11 September 2020 | Updated: 22:19 BST, 11 September 2020 Struggling Aviva is selling its Singapore arm for £1.6billion as new boss Amanda Blanc fights to turn the … Read more

Woman in £1.6bn Barclays legal battle accepts apology from boss

Stephen Jones, who worked in Barclays’ investment banking division, made the comment about Amanda Staveley (pictured) in a telephone call with another then bank boss in October 2008, a High Court judge was today told A financier who is fighting a £1.6billion legal battle with banking giant Barclays has accepted an apology from a former … Read more

Theatres might not open this year as ministers unveil £1.6bn bailout

Theatres might not be open until next year, Oliver Dowden warned today – as he unveiled a £1.6billion bailout to stop thousands of arts venues going bust due to lockdown. The Culture Secretary said it would ‘challenging’ for pantomime season to happen this Christmas and it will be ‘some time’ before performances of plays and … Read more

Judge takes £1.6bn case between Staveley and Barclays off air

Judge takes £1.6bn case between Staveley and Barclays off air Anyone wishing to watch the case must now attend the court in person    The decision has prompted appeals from the media By Helen Cahill For The Mail On Sunday Published: 22:32 BST, 20 June 2020 | Updated: 22:32 BST, 20 June 2020 A court has shut … Read more

Financier sues Barclays for £1.6bn over ‘concealed’ Qatari loan

A financier who claimed she was called ‘the tart’ by a Barclays executive has accused bank bosses of misleading her, shareholders and the market when negotiating investment deals during the 2008 financial crisis. Amanda Staveley, who runs private equity firm PCP Capital Partners, is suing the bank for £1.6 billion in damages after Barclays bosses reportedly agreed … Read more

Barclays in £1.6bn court showdown with financier Amanda Staveley

Barclays in £1.6bn court showdown: Financier Amanda Staveley to accuse bank of deceit claiming she lost out on fees during the banking crisis By Tom Witherow For The Daily Mail Published: 21:50 BST, 5 June 2020 | Updated: 21:50 BST, 5 June 2020 High-flying financier Amanda Staveley will accuse Barclays bank of deceit at the … Read more