Britain’s biggest nightclub group asking Government for £1m-a-month bailout as it heads for a sale to private equity vultures By Harriet Dennys, Financial Mail On Sunday Published: 21:51 GMT, 14 November 2020 | Updated: 21:51 GMT, 14 November 2020 Britain’s biggest nightclub group is asking the Government for a £1million-a-month bailout as it heads for … Read more
Ryanair boss Michael O’Leary says Government should not give airlines bailout to survive lockdown – despite rivals’ pleas for further state aid By Harriet Dennys, Financial Mail On Sunday Published: 21:51 GMT, 7 November 2020 | Updated: 21:51 GMT, 7 November 2020 Ryanair boss Michael O’Leary has said the Government should not give airlines a … Read more
Transport for London secures £1.8 billion bailout to keep it operating over winter as Sadiq Khan claims he succeeded in ‘killing off the very worst Government proposals’ Transport for London has secured a £1.8 billion bailout from the Government The agreement enables TfL to continue operating services until March 2021 London Mayor Sadiq Khan claimed … Read more
Experts voiced shock that Rishi Sunak does not know how much his latest huge coronavirus bailout will cost – as gloomy figures showed the UK economic recovery is slowing. The respected IFS think-tank said it was ‘extraordinary’ that the Treasury failed to provide a clear estimate for the huge package unveiled by the Chancellor yesterday. … Read more
Sunak’s latest bailout package sends Britain’s annual budget deficit towards £400bn By Daily Mail City & Finance Reporter Published: 21:56 BST, 22 October 2020 | Updated: 22:30 BST, 22 October 2020 Rishi Sunak’s latest bailout package for businesses could push Britain’s annual budget deficit above £400billion, experts warned last night. Business leaders hailed the generosity … Read more
The Welsh Government will nationalise its railways after last ditch talks with its current operator failed, it has been announced today. Welsh political leaders had been in talks with KeolisAmey about a possible bailout due to a fall in passenger numbers in the midst of the Covid-19 pandemic. But the negations have now fallen through. … Read more
The Welsh Government is today poised to nationalise its railways after last ditch talks with its current operator failed, according to reports. Welsh political leaders had been in talks with KeolisAmey about a possible bailout due to a fall in passenger numbers in the midst of the Covid-19 pandemic. But the negations have now reportedly … Read more
London drivers could have to pay £27.50 a day if they drive an old polluting car through the center of the city under new congestion charge Sadiq Khan claims ministers are demanding he vastly extends congestion zone Some motorists could be charged twice if they also travel through the ULEZ Boris Johnson yesterday accused Mr … Read more
Is Rishi about to announce a Tier Two bailout? Treasury insists ‘evolving and comprehensive’ support for business amid backlash from pubs and restaurants as Chancellor is ‘acutely aware of financial costs’ on those firms Chancellor Rishi Sunak under pressure to bring forward more help for business Extra help has been pledged for companies in Tier … Read more
Organisers of the Edinburgh Festival Fringe have received bailouts worth nearly £850,000 amid a rising crisis for the arts sector as a result of the pandemic. Underbelly, who have been staging Fringe shows for the last 20 years were awarded £584,751 from the UK Government’s Cultural Recovery Fund. The Pleasance – which first staged shows … Read more