Virgin Atlantic faces anxious wait as creditors vote on whether £1.2bn Covid bailout will fly Airline could run out of cash in September if survival deal is not approved Virgin Atlantic is 51% owned by Richard Branson’s Virgin Group and 49% by Delta The embattled airline owes more than £50m to trade creditors and suppliers … Read more
Councils handed £12billion last week to distribute to local firms are still siting on half of it, it has been revealed today. The government distributed some £12.3 billion to local authorities in England as part of its coronavirus business support package. The grant payments are to be distributed to some of the hardest-hit businesses but … Read more
Councils handed £12billion last week to distribute to local firms are still siting on half of it, it has been revealed today. The government distributed some £12.3 billion to local authorities in England as part of its coronavirus business support package. The grant payments are to be distributed to some of the hardest-hit businesses but … Read more
The loyalty penalty is costing motorists £1.2billion a year in higher premiums, with costs rising 22 per cent in just six months, new data shows. Some 4.7million drivers have insurance policies that automatically renewed, with many now asking legal steps to be taken to stop the practice, according to Go Compare Car Insurance. Motorists have … Read more