Labour was today dragged into the Greensill scandal after it was revealed its shadow defence secretary John Healey lobbied ministers to hand the cash-strapped company £200million in COVID-19 loans ‘without delay’. The shadow defence secretary wrote to Business Secretary Nadhim Zahawi in May 2020 urging him to give Greensill, run by Australian financier Lex Greensill and owners of … Read more
Sauropod dinosaurs emerged in South America some 230 million years ago, but despite living during the supercontinent Pangea it took them 15 million years to reach Greenland – when it should have taken 20 years. A team from Colombia University suggests a ‘climatic phenomenon’ may have allowed the enormous creatures to finally make the journey. … Read more
Pubs have been forced to throw away up to 87 million pints of beer in the UK since the start of the pandemic, an industry body has claimed. The British Beer & Pub Association (BBPA) said the waste was the equivalent of £331 million in sales, based on the average cost of a pint at … Read more
Smash hit shows and extra demand during lockdowns drive Netflix to more than 200m subscribers By Daily Mail City & Finance Reporter Published: 21:51 GMT, 20 January 2021 | Updated: 21:51 GMT, 20 January 2021 Shares in Netflix hit record highs after the streaming giant passed 200m subscribers and revealed it no longer needs debt … Read more
Video streaming giant Netflix expected to reveal it has amassed more than 200m subscribers By Daily Mail City & Finance Reporter Published: 21:50 GMT, 17 January 2021 | Updated: 21:50 GMT, 17 January 2021 Netflix is expected to reveal tomorrow that it has amassed more than 200m subscribers. The video streaming giant, which had 195m … Read more
Patisserie Valerie liquidators sue Grant Thornton for £200m for beancounter’s role in the café chain’s collapse By Daily Mail City & Finance Reporter Published: 21:50 GMT, 7 January 2021 | Updated: 21:50 GMT, 7 January 2021 Grant Thornton audited Patisserie Valerie’s accounts for 12 years before it went bust The liquidators of Patisserie Valerie are … Read more
Beauty company Coty Inc announced on Tuesday they have completed acquisition of a 20 percent ownership interest in Kim Kardashian’s business for $200M. The strategic transaction was announced in June 2020 and successfully completed on schedule in Q3 fiscal year 2021, according to a press release from Coty. Together, Coty and Kardashian will ‘focus on … Read more
An aviation tycoon worth £200million has lost a legal fight against coronavirus lockdown rules after branding the measures the ‘most extreme restrictions on fundamental freedoms in the modern era’. Simon Dolan, 51, was pursuing a claim against Health Secretary Matt Hancock and Education Secretary Gavin Williamson over the restrictions. The businessman’s lawyers argued the rules … Read more
Theresa May’s drive to spend £200m tackling modern slavery comes under fire A review by the official aid watchdog warned there was little evidence of the long-term impact of global projects funded with British taxpayers’ money Concerns were also raised about the UK’s use of the term ‘modern slavery’ The aid watchdog said many projects … Read more
Just over a third of the total amount lost to scams where people were tricked into transferring money to a fraudster was returned to customers in the first half of 2020, according to figures from a trade association. A total of £207.8million was lost to authorised push payment (APP) scams between January and June 2020, … Read more