STOCKS WATCH: Will £1bn bid be winning formula for Elementis?

STOCKS WATCH: Will £1bn bid be winning formula for Elementis? By Ben Harrington For The Mail On Sunday Published: 22:29 BST, 17 April 2021 | Updated: 22:29 BST, 17 April 2021 One of Britain’s oldest chemical companies has come under the spotlight amid talk it has attracted a fresh suitor mulling a £1billion takeover bid. … Read more

Tesco profits fall by a fifth despite ‘exceptional’ £1bn a week sales

Tesco profits have fallen by a fifth despite ‘exceptional’ sales of more than £1billion per week in the pandemic. The closure of pubs and restaurants boosted Britain’s largest supermarket but it was unable to capitalise because of £892million of costs related to the virus. Revenues rose 7 per cent from £49.9billion to £53.4billion in the … Read more

Egypt seeks $1bn compensation for Ever Given crisis which blocked the Suez Canal for nearly a week

Egypt is expecting more than $1 billion (£722 million) in compensation after a cargo ship blocked the Suez Canal for nearly a week, according to the top canal official. Suez Canal Authority (SCA) CEO Ossama Rabei also warned the ship and its some $3.5 billion (£2.5 billion) worth of cargo will not be allowed leave … Read more

BAE clinches £1bn Royal Navy contracts 

BAE clinches £1bn Royal Navy contracts to maintain battleships and docks in Portsmouth By Francesca Washtell For The Daily Mail Published: 21:55 BST, 1 April 2021 | Updated: 23:15 BST, 1 April 2021 BAE Systems has clinched contracts worth more than £1billion to maintain battleships and docks at Portsmouth Naval Base. Britain’s biggest defence company … Read more

BAE clinches £1bn Royal Navy contracts 

BAE clinches £1bn Royal Navy contracts to maintain battleships and docks in Portsmouth By Francesca Washtell For The Daily Mail Published: 21:55 BST, 1 April 2021 | Updated: 21:55 BST, 1 April 2021 BAE Systems has clinched contracts worth more than £1billion to maintain battleships and docks at Portsmouth Naval Base. Britain’s biggest defence company … Read more

Chris Tarrant lottery firm betting on £1bn listing

Online gambling company fronted by TV star Chris Tarrant weighing a stockmarket float at more than £1bn By Ben Harrington, Financial Mail on Sunday Published: 21:51 GMT, 20 March 2021 | Updated: 21:51 GMT, 20 March 2021 An online gambling company fronted by television star Chris Tarrant is weighing a stockmarket float at more than … Read more

German giant’s bonus haul after £1bn Bank loan

German chemicals giant BASF pays directors and staff bonus worth €360m after borrowing £1bn from Bank of England By Neil Craven, Financial Mail on Sunday Published: 21:51 GMT, 27 February 2021 | Updated: 21:51 GMT, 27 February 2021 German chemicals giant BASF has paid its directors and staff a bonus worth €360million (£312million) after borrowing … Read more

Financial compensation bill to hit £1bn after a spike in failed firms

Investors could face higher bills after compensation bill for victims of mis-selling and collapsed firms tops £1bn By Rachel Rickard Straus For The Mail On Sunday Published: 11:46 GMT, 14 February 2021 | Updated: 11:46 GMT, 14 February 2021 Savers and investors face higher product and advice charges this year as a result of a … Read more

Green Homes Grant scheme flop: £1bn will go unused

Revealed: The Green Homes Grant scheme flops with just £71.3m vouchers issued so far – and £1bn of funding withdrawn Leftover funding for the Green Homes Grant will not be rolled over to next year As only £71.3m has been spent, this means the budget will be slashed by £1bn   The scheme gives vouchers to … Read more