Met Office to receive new £1.2bn supercomputer built by Microsoft

The only predictable thing about the British weather appears to be its unpredictability. Now the Met Office is hoping to improve its chances of getting forecasts correct with a supercomputer worth £1.2 billion.    Built by Microsoft and funded by the UK government, the ‘world-leading supercomputer’ will provide experts more accurate warnings of severe weather. It is … Read more

Met Office to receive new £1.2bn supercomputer built by Microsoft

The only predictable thing about the British weather appears to be its unpredictability. Now the Met Office is hoping to improve its chances of getting forecasts correct with a supercomputer worth £1.2 billion.    Built by Microsoft and funded by the UK government, the ‘world-leading supercomputer’ will provide experts more accurate warnings of severe weather. It is … Read more

Deliveroo makes a £223m loss despite taking £1.2bn in fees last year

Deliveroo riders set to benefit from float but food delivery app is still to make a profit despite raking in £1.2bn in fees last year By Daily Mail City & Finance Reporter Published: 22:13 GMT, 8 March 2021 | Updated: 22:13 GMT, 8 March 2021 Deliveroo’s riders and customers, as well as restaurants, stand to … Read more

December is a record breaker for grocers as shoppers splashed £12bn

December is a record breaker for grocers as shoppers splashed nearly £12bn on festive treats By Matt Oliver For The Daily Mail Published: 22:58 GMT, 5 January 2021 | Updated: 23:12 GMT, 5 January 2021 British supermarkets enjoyed their busiest month on record in December as shoppers splashed out nearly £12billion on champagne, salmon and … Read more

£12bn wiped off Netflix with fewer customers joining over the summer

£12bn wiped off Netflix with fewer new customers signing up to the streaming service over the summer By Daily Mail City & Finance Reporter Published: 21:50 BST, 21 October 2020 | Updated: 22:27 BST, 21 October 2020 More than £12billion was wiped off the value of Netflix last night after fewer customers joined the streaming … Read more

High Court signs off on Virgin Atlantic £1.2bn private rescue

High Court signs off on Virgin Atlantic £1.2bn rescue: Deal involves only private funds including £200m from Branson’s Virgin Group By Daily Mail City & Finance Reporter Published: 21:51 BST, 2 September 2020 | Updated: 22:19 BST, 2 September 2020 Virgin Atlantic’s £1.2billion rescue has been signed off by a High Court judge. Last week, … Read more

Virgin Atlantic creditors vote to approve £1.2bn bailout

Virgin Atlantic hails ‘significant milestone in safeguarding its future’ after creditors vote to approve £1.2bn bailout By Matt Oliver For The Daily Mail Published: 22:24 BST, 25 August 2020 | Updated: 22:24 BST, 25 August 2020 Virgin Atlantic hailed ‘a significant milestone in safeguarding its future’ after creditors voted to approve a £1.2billion bailout.  The … Read more