Bridgepoint staff scoop £2.5bn windfall as share price surges

Bridgepoint staff scoop a £2.5bn windfall: Private equity firm’s share price surges following its blockbuster stock market debut By Lucy White For The Daily Mail Published: 17:01 EDT, 21 July 2021 | Updated: 17:01 EDT, 21 July 2021 Staff and partners at private equity firm Bridgepoint are sitting on a windfall of £2.5billion following its … Read more

UK insurers expected to pay out £2.5bn for coronavirus insurance claims from 2020

Insurers will pay out £2.5bn for coronavirus claims from 2020 with majority linked to business interruption It is estimated that £2.5bn will be paid out in insurance claims from 2020  Some £2bn of that will go on business interruption claims alone  Another £204m is thought to be paid for Covid-19 related protection insurance claims By Grace … Read more

UK insurers expected to pay out £2.5bn for coronavirus insurance claims from 2020

Insurers will pay out £2.5bn for coronavirus claims from 2020 with majority linked to business interruption It is estimated that £2.5bn will be paid out in insurance claims from 2020  Some £2bn of that will go on business interruption claims alone  Another £204m is thought to be paid for Covid-19 related protection insurance claims By Grace … Read more

Airbus racked up £2.5bn loss in first nine months of year

Airbus racked up £2.5bn loss in first nine months of year as it was battered by effects of coronavirus crisis By Daily Mail City & Finance Reporter Published: 22:27 GMT, 29 October 2020 | Updated: 22:44 GMT, 29 October 2020 Airbus racked up a £2.5billion loss in the first nine months of the year as … Read more

Rolls-Royce shares plunge as it looks at raising up to £2.5bn

Rolls-Royce shares slide as the engine maker says it’s looking at raising up to £2.5bn in fresh funding following restructure Rolls-Royce says it’s considering a rights issue or other fundraiser    Reports say the company will consider investments from sovereign wealth funds Last month the engineering giant reported a £5.4bn half-year loss   In May the … Read more

Rolls-Royce set to tap investors for £2.5bn cash boost

Rolls-Royce set to tap investors for £2.5bn as shares near 16-year low By Ben Harrington, Financial Mail on Sunday Published: 21:53 BST, 19 September 2020 | Updated: 21:53 BST, 19 September 2020 Rolls-Royce is on the cusp of launching an emergency fundraising to tap shareholders for between £2billion and £2.5billion.  City sources said the FTSE100-listed … Read more

BA owner hit by bonus row as investors back £2.5bn IAG fundraising 

BA owner hit by row over departing boss Willie Walsh’s bonus as investors back £2.5bn IAG fundraising By Francesca Washtell For The Daily Mail Published: 22:39 BST, 8 September 2020 | Updated: 23:02 BST, 8 September 2020 The owner of British Airways faced a shareholder revolt over boardroom pay as it secured a £2.5billion lifeline … Read more

Treasury loses more than £2.5bn in fuel duty payments in lockdown 

Treasury loses more than £2.5billion in fuel duty payments due to dramatic drop in car use during lockdown By Daily Mail City & Finance Reporter Published: 21:51 BST, 19 June 2020 | Updated: 21:51 BST, 19 June 2020 The Treasury has lost  £2.5bn in fuel duty under lockdown The lockdown has cost the Treasury more … Read more

Lord O’Neill calling for £25bn sovereign wealth fund

You could almost hear the sigh of relief across the City at the end of last year when Boris Johnson swept to victory in the General Election. The threat of a Jeremy Corbyn-led Labour government nationalising vast swathes of British industry had been rejected – and bosses felt they could once again get on with … Read more

Britain’s plan for £25bn sovereign wealth fund

Britain could be poised to launch its first ever sovereign wealth fund under plans being examined by the Government, The Mail on Sunday can reveal. Officials are understood to be ‘actively considering’ a £25billion taxpayer-backed fund to reboot struggling regional firms in the wake of the coronavirus crisis. Under the plan, the Government would buy … Read more