Nearly £40bn wiped off value of British companies as ‘sorry cocktail’ of coronavirus and Brexit worries spook financial markets By Hugo Duncan for the Daily Mail Published: 22:21 GMT, 21 December 2020 | Updated: 22:21 GMT, 21 December 2020 Nearly £40billion was wiped off the value of British companies yesterday as a ‘sorry cocktail’ of … Read more
Perfect storm of virus and Brexit worries hits pound and sparks £40bn day of carnage for British blue chips By Hugo Duncan for the Daily Mail Published: 21:50 GMT, 21 December 2020 | Updated: 21:50 GMT, 21 December 2020 Nearly £40billion was wiped off the value of British companies yesterday as a ‘sorry cocktail’ of … Read more
Government set to lose almost £40bn on 2008 bailout of Natwest: Treasury pledges to offload its stake by 2024-25 By Lucy White For The Daily Mail Published: 21:51 GMT, 26 November 2020 | Updated: 21:51 GMT, 26 November 2020 The Government will lose almost £40billion on its 2008 bailout of Natwest after the coronavirus crisis … Read more
Billions being lost in Covid business loans fraud: Taxpayer faces £40bn bill as cost of emergency schemes soar By Lucy White For The Daily Mail Published: 21:55 GMT, 25 November 2020 | Updated: 21:55 GMT, 25 November 2020 The taxpayer could be saddled with a £40billion bill as thousands of loans handed out under emergency … Read more
PM Boris Johnson holds private meeting with 20 industry giants to raise cash for his clean power revolution Boris Johnson and Business Secretary Alok Sharma held a private meeting with more than 20 powerful British and multinational corporations Sources said the meeting was called to drum up billions of pounds of private sector investment in solar, … Read more
Banks block £1BILLION of fraudulent applications for government’s £40billion ‘bounce back’ coronavirus loan scheme… but how much did they miss? Almost 27,000 dubious applications to Bounce Back Loan Scheme were blocked It raises questions about how many fraudulent claims were able to get cash Banks told to only perform basic checks on businesses they were … Read more
Japanese giant SoftBank set to offload ARM for $40bn in deal that could threaten British jobs By Jamie Nimmo For The Mail On Sunday Published: 10:25 BST, 13 September 2020 | Updated: 10:26 BST, 13 September 2020 Britain’s biggest technology company is poised to be sold to a US rival in a highly controversial $40billion … Read more
Investors face worst payouts for generation: Coronavirus crisis sparks £40bn dividend black hole By Francesca Washtell For The Daily Mail Published: 22:37 BST, 4 August 2020 | Updated: 23:19 BST, 4 August 2020 Investors face a £40billion dividend black hole this year in the worst hit to payouts ‘in generations’ because of the coronavirus crisis. … Read more
Half of UK businesses have furloughed nearly ALL their staff after take-up of government scheme was three times more than expected and could cost £40bn Nearly 20% of small businesses plan to furlough all of their staff Treasury estimates originally thought 10% of firms would adopt the scheme But new figures from the BBC show … Read more