Len Blavatnik is richest of Britain’s 85 billionaires with £23bn fortune

Britain is home to 85 billionaires, according to Forbes’ annual ranking that reveals the planet’s richest have increased their worth by almost £6trillion during the pandemic. London-based magnate Sir Leonard Blavatnik tops the UK list with a net worth of £23billion, placing 46th on the global leaderboard.  Ineos boss Sir James Ratcliffe is the second highest … Read more

Len Blavatnik is richest of Britain’s 85 billionaires with £23bn fortune

Britain is home to 85 billionaires, according to Forbes’ annual ranking that reveals the planet’s richest have increased their worth by almost £6trillion during the pandemic. London-based magnate Len Blavatnik tops the UK list with a net worth of £23billion, placing 46th on the global leaderboard.  Ineos boss Sir James Ratcliffe is the second highest ranked … Read more

Private equity buys Aggreko in £2.3bn deal

Private equity buys Aggreko in £2.3bn deal: Power generation firm is latest to be snapped up in pandemic plundering The FTSE250 power equipment provider has accepted an offer from I Squared Capital and TDR Capital worth 880p per share  Chairman Ken Hanna insisted the offer was ‘an attractive price in cash that fairly recognises Aggreko’s … Read more

Airbnb hires Sir Jony Ive for redesign ahead of a £23bn float

Airbnb hires Apple legend Sir Jony Ive for redesign ahead of a £23bn float later this year By Daily Mail City & Finance Reporter Published: 21:56 BST, 22 October 2020 | Updated: 22:29 BST, 22 October 2020 Airbnb has hired famed former Apple designer Sir Jony Ive to lead a redesign of the company ahead … Read more

BA owner to tap investors for £2.3bn to beat Covid turbulence

British Airways owner preparing to tap shareholders for as much as £2.3bn to help it ride out coronavirus crisis By Francesca Washtell For The Daily Mail Published: 21:50 BST, 24 July 2020 | Updated: 22:06 BST, 24 July 2020 The owner of British Airways is preparing to tap shareholders for as much as £2.3billion to … Read more

Residents near former Earls Court Exhibition Centre seek reassurance over Saudis £2.3bn deal 

Residents near former Earls Court Exhibition Centre seek reassurance amid possible Saudis’ £2.3bn deal Saudi sovereign wealth fund and Candy are in talks to buy Capital & Counties Local residents want reassurances from the potential new owners They have been in a decade-long battle with Capco and fear for their homes  By Ben Harrington For … Read more

Uber losses hit £2.3bn but food delivery service is a ‘silver lining’

Uber feels a £2.3bn pandemic pain but its food delivery service becomes the ‘silver lining’ By Daily Mail City & Finance Reporter Published: 21:50 BST, 8 May 2020 | Updated: 09:14 BST, 9 May 2020 Uber’s losses ballooned to £2.3billion between January and March as coronavirus travel restrictions hammered its taxi business. This was far … Read more