Boris Johnson ‘will spend billions of pounds improving road and rail links to Scotland to save the Union’ and see off threat of independence referendum as Nicola Sturgeon’s hopes of winning a majority are on a knife edge Boris Johnson plans to spend billions of pounds on infrastructure to save Union PM expected to implement … Read more
Botched audits costing Britain billions of pounds by failing to prevent corporate collapses, economist warns By Lucy White For The Daily Mail Published: 22:07 BST, 20 April 2021 | Updated: 22:07 BST, 20 April 2021 Accountancy firms are costing workers, suppliers and the economy billions of pounds, says economist Carsten Jung Auditors are ‘failing society’ … Read more
Fears for small firms as banks prepare to claw back billions in Covid loans HSBC, NatWest, Barclays and Lloyds have begun sending letters to customers Banks are allocating hundreds of extra staff to spearhead the recovery efforts They have handed out more than £75bn to 1.6m firms under Government scheme By Helen Cahill and Emma … Read more
Billions of pounds have been wiped off the value of big banks after a meltdown at a hedge fund. Credit Suisse and Nomura of Japan face a huge hit to their profits after bets placed by their client, Archegos Capital, turned sour. The crisis could cause major losses for British investors exposed through ISAs, pensions … Read more
Payout hope for tainted blood victims: Thousands whose lives were blighted by the scandal could be handed billions of pounds in compensation after 40-year battle for justice Thousands treated by the NHS in 1970s and 1980s contracted HIV and hepatitis Government never admitted liability and victims didn’t receive compensation Penny Mordaunt said a reviewer would … Read more
Pension funds could be given green light to invest hundreds of billions of pounds in building up Britain as part of Chancellor’s Covid recovery plan By Emma Dunkley, Financial Mail On Sunday Published: 21:50 GMT, 27 February 2021 | Updated: 21:50 GMT, 27 February 2021 Pension funds could be given the green light to invest … Read more
Joe Biden freezes billions of dollars of arms sales to the Middle East including F-35s to the UAE and smart bombs for Saudi Arabia State Department says deal for 50 F-35s for the United Arab Emirates is frozen while it is reviewed along with munitions deal for Saudi Arabia Trump administration rushed through last-minute deals … Read more
Bank of England deputy warns furlough billions are ‘no free lunch’ and says consumer spending during Covid pandemic is being ‘funded by tomorrow’s taxpayers’ Government has increased spending by almost £300bn due to the pandemic Support has ranged from furlough scheme to Universal Credit £20 top-up Bank of England deputy governor Ben Broadbent warned it … Read more
Nicola Sturgeon’s SNP demands BILLIONS of pounds in compensation for Scotland to make up for the ‘economic vandalism’ of Brexit England voted to leave the EU in the referendum, but Scotland voted to remain Scottish National Party say fishermen faced grave disruption due to Brexit Ian Blackford, the SNP’s leader in the British parliament, called for … Read more
A huge iceberg weighing hundreds of billions of tons is now just 30 miles away from South Georgia – threatening the habitat of millions of penguins. Iceberg A68a – which broke from the Antarctic’s Larsen C ice shelf in July 2017 – slid towards the open ocean for over two years until it hit the powerful Circumpolar … Read more