Liberty Steel founder Sanjeev Gupta has £31m private jet but has been begging for a £170m bailout

Belgrave Square is one of the grandest addresses in the world, featuring the lavish, white-stucco London residences of dukes, ambassadors and oligarchs. Today, one of its £42 million, Grade I-listed palaces is undergoing intensive building work. Amid soaring ceilings painted in Baroque frescoes and walls shimmering with gold leaf, chandeliers are being fitted, a luxurious … Read more

Liberty Steel founder Sanjeev Gupta has £31m private jet but has been begging for a £170m bailout

Belgrave Square is one of the grandest addresses in the world, featuring the lavish, white-stucco London residences of dukes, ambassadors and oligarchs. Today, one of its £42 million, Grade I-listed palaces is undergoing intensive building work. Amid soaring ceilings painted in Baroque frescoes and walls shimmering with gold leaf, chandeliers are being fitted, a luxurious … Read more

Eurostar ‘in advanced talks’ with UK and French governments over Covid bailout

Eurostar is in ‘advanced discussions’ for a rescue package with the UK and French governments in an attempt to head off a potential collapse, it emerged today. The head of the French state rail company, the cross-Channel service’s largest shareholder, said it needed a cash injection within weeks. It was revealed in November that the company … Read more

Budget 2021: Museums, theatres and concert halls given £410m bailout lifeline

Museums, theatres and concert halls handed £410million Budget bailout lifeline to help them stay afloat until Covid restrictions are lifted and they can open their doors once more Theatres, museums and live music venues handed £410million lifeline Rishi Sunak said arts are a ‘significant driver of economic activity’ Most arts and cultural events expected to … Read more

Museums, theatres and concert halls handed £410million Budget bailout lifeline

Museums, theatres and concert halls handed £410million Budget bailout lifeline to help them stay afloat until Covid restrictions are lifted and they can open their doors once more Theatres, museums and live music venues handed £410million lifeline Rishi Sunak said arts are a ‘significant driver of economic activity’ Most arts and cultural events expected to … Read more

Stelios: I won’t stump up for easyJet bailout

Billionaire founder of easyJet refuses to invest any more money in budget airline amid speculation that company plans to tap investors for more cash By Ben Harrington And Neil Craven, Financial Mail On Sunday Published: 21:50 GMT, 27 February 2021 | Updated: 21:50 GMT, 27 February 2021 The billionaire founder of easyJet has refused to … Read more

EasyJet secures £1.4bn state-backed bailout

EasyJet secures £1.4bn state-backed bailout to help struggling budget airline survive coronavirus pandemic By Matt Oliver For The Daily Mail Published: 22:14 GMT, 8 January 2021 | Updated: 22:15 GMT, 8 January 2021 EasyJet last night secured a £1.4billion state-backed bailout to help the struggling budget airline survive the pandemic.  The firm said the five-year … Read more

Passengers will bear the brunt of Government’s bailout of rail companies during pandemic

Train fares will be frozen until March… before soaring by 2.6%: Passengers will bear the brunt of Government’s bailout of rail companies during pandemic Fares usually rise in January and are linked to the retail prices index (RPI) The cost of an average annual season ticket will go up from £3,064 to £3,144 Fare rise … Read more

Government set to lose almost £40bn on 2008 bailout of Natwest

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

Rugby gets £135MILLION Government bail-out in English sport’s coronavirus aid package

Rugby union will receive a bailout totalling £135million as part of English sport’s coronavirus relief package, the government have announced. The Department for Digital, Culture, Media and Sports (DCMS) will provide £44m to the Rugby Football Union, £59m to Premiership Rugby clubs, £9m to clubs in the Championship and £23m to clubs below the Championship. The … Read more