Plans for £4billion ‘vanity project’ refurb of Parliament could be axed due to economic slump triggered by coronavirus Review to be held into multibillion-pound restoration of Palace of Westminster Downing Street said to be concerned about £4billion spend following Covid-19 Sponsor Body, the group meant to oversee the plans, will carry out the review Here’s … Read more
During a rocky period on the stock market, investors would usually take solace in a guaranteed stream of dividend payments. But the coronavirus pandemic has required companies to take desperate – and at times unprecedented – measures to protect their finances. A staggering £4.2billion of dividends have been axed or deferred so far this month, … Read more
Planned £4bn renovation of Parliament could be postponed in favour of a smaller project lasting just a year The Palace of Westminster was due to undergo a multi-billion-pound face-lift £4 billion restoration would have seen MPs and lords move to temporary home But that project could be reduced to less than a £200 million budget … Read more