Coronavirus UK: Serco reinstates dividend after earning £350m from Covid contracts

Controversial NHS Test and Trace contractor Serco has today revealed it was paid £350million for Covid contracts last year. The scandal-hit firm reported a surge in profits in 2020, despite the contact tracing scheme it runs being chaotic and having ‘little impact’. The outsourcing giant published its financial report for the year today, showing its … Read more

Deliveroo boss William Shu set for a £350m payday in blockbuster float

Deliveroo boss set for a £350m payday with food delivery firm valued at £5.1bn ahead of blockbuster float By Matt Oliver For The Daily Mail Published: 21:50 GMT, 27 January 2021 | Updated: 22:17 GMT, 27 January 2021 The boss of Deliveroo is set to gain a fortune of more than £350million from the food … Read more

Dr Martens senior staff are set for £350m windfall as company floats

Dozens of Dr Martens executives, former staff and the founding family are set for a multi-million pound windfall when the iconic British bootmaker floats on the London Stock Exchange today. Chief executive Kenny Wilson only joined from Cath Kidston in 2018 but will see the value of his existing shares rocket to £58m if the … Read more

UK ports owner splashes out on a £350m upgrade ahead of Brexit and the return of cruises

UK ports owner splashes out on a £350m upgrade ahead of Brexit and the return of cruises Associated British Ports (ABP) has spent £250m on improving infrastructure  Another £50m has been spent on overhauling the firm’s container terminals  And ABP is splashing out £50m on a cruise ship terminal in Southampton  By City & Finance … Read more

Treasury savages ‘appalling’ plans for a £350m relocation of body replacing PHE

Treasury savages ‘appalling and incredibly expensive’ plans for a £350m Essex HQ to house new body replacing Public Health England The National Institute for Health Protection has replaced Public Health England   Matt Hancock has tabled plans to relocate the NIHP’s headquarters to Essex  Treasury insiders have criticised the plans, calling them ‘appalling and incredibly expensive’  … Read more

American media tycoon Henry Mauriss makes £350m Newcastle bid

American businessman Henry Mauriss has made a £350million offer to buy Newcastle United and wants to take control before next season, sources have told MailOnline. It is said that Mauriss is ready to move quickly but any deal would be dependent on the collapse of the Saudi-led takeover currently subject to the Premier League’s owners … Read more