At last! Lloyds ramps up Covid lending: Bank boasts it has approved £1billion worth of loans to 32,000 firms By James Salmon for the Daily Mail Published: 22:54 BST, 5 May 2020 | Updated: 23:41 BST, 5 May 2020 Lloyds approved seven times as many ‘bounce back’ loans to struggling firms in a day than … Read more
British make-up brand Charlotte Tilbury at centre of £1bn bidding war between Unilever, L’Oreal and Estee Lauder By Daily Mail City & Finance Reporter Published: 21:51 BST, 29 April 2020 | Updated: 22:02 BST, 29 April 2020 A bidding war has broken out over British make-up brand Charlotte Tilbury, with beauty giants Unilever, L’Oreal and … Read more
MARKET REPORT: Exhibitions and events organiser Informa goes cap in hand to investors to raise as much as £1bn to weather coronavirus pandemic By Francesca Washtell For The Daily Mail Published: 22:29 BST, 16 April 2020 | Updated: 22:32 BST, 16 April 2020 Exhibitions and events organiser Informa has gone cap in hand to investors … Read more
Blackrock profits surge 40% to £1bn: Investment titan manages £5.7trillion for savers and pension funds By Daily Mail City & Finance Reporter Published: 22:09 BST, 15 January 2020 | Updated: 22:09 BST, 15 January 2020 Profits at Blackrock, the world’s largest asset manager, shot up 40 per cent to £1billion in a year which saw … Read more
£1bn takeover of razor brand Harry’s by Wilkinson Sword-owner is ditched due to US competition concerns By Daily Mail City & Finance Reporter Published: 21:51 BST, 10 February 2020 | Updated: 09:39 BST, 11 February 2020 Edgewell Personal Care, the owner of Wilkinson Sword, was set to buy rival Harry’s The £1.1billion takeover of razor … Read more
Twitter co-founder and chief executive Jack Dorsey said Tuesday he was committing $1 billion of his personal fortune to coronavirus relief through his philanthropic fund. Dorsey, 43, revealed in a series of tweets that he would transfer his equity in his digital payments group Square to his limited liability corporation Start Small, contributing around 28 … Read more
Google has been blasted for paying just £44million in corporation tax in the UK last year despite handing out more than £1billion in pay and bonuses to staff. The payment is down on the £66million paid in 2018, due to profits falling following the hiring of 800 workers, including 400 new research and development (R&D) … Read more
Sky and BT could lose nearly £1bn if top-flight sport stays off-air until August By Matt Oliver For The Daily Mail Published: 21:51 GMT, 26 March 2020 | Updated: 21:51 GMT, 26 March 2020 Sky and BT could lose nearly £1billion in revenues if top-flight sports remain off-air until August, a report warns. The Premier … Read more
Now NO dividend is safe: Experts’ warning as £1bn payouts are axed Several businesses slashed or delayed their dividends in the wake of the crisis More could follow suit, including BP and Shell, according to analysts By Jamie Nimmo and Harriet Dennys For Financial Mail On Sunday Published: 23:05 GMT, 21 March 2020 | Updated: … Read more
More than £1bn of shareholder payouts have been cancelled due to coronavirus after Marks & Spencer and Wetherspoons joined other firms calling off dividends. Intercontinental Hotels became the first FTSE 100 firm to hold back its final dividend yesterday, meaning its investors will miss out on a payout of around £140million. The group, which has … Read more