Tesco’s UK sales top £10bn as they still manage a small growth

Tesco’s sales top £10bn as the supermarket manages to eek out more growth on top of last year’s ‘exceptional’ performance Sales at Tesco’s UK supermarkets rose by 0.5% to £10bn in quarter to end of May Online sales growth continued unabated, up 22% and 1.3m orders a week  Wholesale business saw strongest growth as hospitality … Read more

Virgin Media O2’s £31bn merger launches today with firm promising to invest at least £10bn in UK

‘We’re ready to shake up the market’: Virgin Media O2 brand launches today after multi-billion pound merger Virgin Media and O2’s £31bn merger has launched in the UK today   The business is now one of the UK’s largest with 47m connections  It has committed to investing at least £10bn in the UK economy in 5 … Read more

Aviva putting £10bn pension cash into green investments

Aviva to funnel £10bn of workers’ pension money into climate-friendly investments as it unveils plan to become net zero by 2040 Aviva is committing a ‘substantial’ portion of the money it collects from auto-enrolment pension funds to investments which tackle climate change Every employee over the age of 22 who earns more than £10,000 per year … Read more

Cabinet tussle over £10bn pot for cladding victims

Pressure is mounting on the Chancellor to sanction a £10billion rescue package for families hit by the building safety scandal. Rishi Sunak is being pressed by Housing Secretary Robert Jenrick to come up with a multi-billion-pound deal to repair homes with dangerous cladding.  Ministers are considering imposing a levy on construction firms to make them atone … Read more

Cabinet tussle over £10bn pot for cladding victims

Pressure is mounting on the Chancellor to sanction a £10billion rescue package for families hit by the building safety scandal. Rishi Sunak is being pressed by Housing Secretary Robert Jenrick to come up with a multi-billion-pound deal to repair homes with dangerous cladding.  Ministers are considering imposing a levy on construction firms to make them atone … Read more

PM warned of delay fear for £10bn defence upgrades

PM warned defence industry projects worth £10bn risk being left in limbo if crucial review is delayed By Alex Lawson, Financial Mail On Sunday Published: 21:51 GMT, 31 October 2020 | Updated: 21:51 GMT, 31 October 2020 Defence industry projects worth £10billion risk being left in limbo if a crucial review is delayed, the Prime … Read more

London’s West End may lose £10bn a year as visitors stay away

London’s West End faces losing £10billion a year and 50,000 jobs because visitors are staying away from the city hotspot. Strict quarantine rules combined with the fears of infection in the UK have seen overseas travellers drop out from coming to the capital. And office staff refusing to go back to work have also seen … Read more

Treasury ‘resists NHS call for £10bn to clear surgery backlog’

The NHS and the Government’s Treasury are stuck in an argument about the health service’s demands for an extra £10billion to clear a backlog in surgery patients. Sources say bosses at both organisations are ‘at complete loggerheads’ as the NHS tries to return to normality as the UK’s coronavirus pandemic continues to shrink. The Government had … Read more