Green Homes Grant scheme flop: £1bn will go unused

Revealed: The Green Homes Grant scheme flops with just £71.3m vouchers issued so far – and £1bn of funding withdrawn Leftover funding for the Green Homes Grant will not be rolled over to next year As only £71.3m has been spent, this means the budget will be slashed by £1bn   The scheme gives vouchers to … Read more

Bitcoin heads for $50,000 after Tesla’s £1bn investment

Bitcoin heads for $50,000 as Tesla’s £1bn investment sparks interest in the cryptocurrency By Daily Mail City & Finance Reporter Published: 23:16 GMT, 9 February 2021 | Updated: 23:16 GMT, 9 February 2021 Bitcoin is fast approaching $50,000 as the cryptocurrency revelled in Tesla’s huge £1.1billion investment. The price climbed as high as $48,215, taking … Read more

Lockdowns to wipe £1bn off Primark sales… but Boohoo booms

Lockdowns to wipe £1bn off Primark sales… but Boohoo booms as internet shoppers stock up on casualwear Boohoo enjoyed a bumper Christmas but Primark suffered as stores closed Primark’s refusal down the years to move online looks like a grave error  Boohoo generated £661 million in sales in the four months to December 31  By … Read more

Online greetings card firm Moonpig tipped for £1bn London float

Online greetings card firm Moonpig tipped for £1bn London float as it follows other firms to go public By City & Finance Reporter for the Daily Mail Published: 23:23 GMT, 12 January 2021 | Updated: 23:23 GMT, 12 January 2021 Moonpig is the latest firm to announce plans to float on the London Stock Exchange … Read more

As the cladding crisis rages, scandal of the homeowners shut out of £1bn support fund

Punished for PAYING UP! As the cladding crisis rages, scandal of the homeowners shut out of £1bn support fund… for trying to make flats safe Ministers have set aside a total of £1.6bn to fund remediation work  But many flat owners are having to cover the cost of recladding themselves  This is because the current pot … Read more

Moonpig looking at £1bn stock market listing

Online greeting cards business Moonpig looking at £1bn stock market listing By Daily Mail City & Finance Reporter Published: 21:51 GMT, 8 January 2021 | Updated: 21:51 GMT, 8 January 2021 Moonpig is looking at a £1billion stock market listing.  The online greeting cards business is expected to reveal more about a potential stock market … Read more

Asset manager Columbia Threadneedle shuts former £1bn fund

Asset manager Columbia Threadneedle shutting UK fund that held more than £1bn of investors’ money at its peak By Emma Dunkley, Financial Mail On Sunday Published: 21:49 GMT, 28 November 2020 | Updated: 21:49 GMT, 28 November 2020 Asset manager Columbia Threadneedle is shutting a UK fund that held more than £1billion of investors’ money … Read more

Lloyds to axe another 1,070 jobs despite £1bn third quarter profit 

Union fury as Lloyds axes another 1,070 jobs despite announcing £1bn third quarter profit By Lucy White For The Daily Mail Published: 21:51 GMT, 4 November 2020 | Updated: 21:51 GMT, 4 November 2020 Lloyds Bank is axing another 1,070 employees just weeks after announcing a £1billion profit for the third quarter of the year. … Read more

IT equipment firm Softcat breaks £1bn barrier as pandemic boosts trade

Thriving IT equipment firm Softcat breaks £1bn barrier as pandemic boosts trade By Daily Mail City & Finance Reporter Published: 22:12 BST, 20 October 2020 | Updated: 22:42 BST, 20 October 2020 Sales at IT equipment firm Softcat rose from £992m to almost £1.1bn in the year to July 31 IT equipment firm Softcat reported … Read more