French billionaire Patrick Drahi buys a £2bn stake in BT

French billionaire buys Patrick Drahi £2bn BT stake: Now ‘king of cost-cutting’ is the telecom giant’s biggest shareholder By Tom Witherow For The Daily Mail Published: 22:16 BST, 10 June 2021 | Updated: 22:28 BST, 10 June 2021 Hammering down costs: Patrick Drahi (centre) celebrates his firm Altice’s New York flotation. He has now  bought … Read more

John Laing bought by private equity firm KKR in £2bn deal

Private equity snaps up ANOTHER British jewel: KKR strikes a £2bn deal for Severn Bridge infrastructure firm John Laing By Matt Oliver For The Daily Mail Published: 21:50 BST, 19 May 2021 | Updated: 22:00 BST, 19 May 2021 Infrastructure giant John Laing is the latest British firm to fall prey to private equity buyers … Read more

Does Chancellor’s £2bn jobs scheme need a little kickstart itself?

Does Chancellor Rishi Sunak’s £2bn jobs scheme Kickstart need a little kickstart itself? By Sarah Bridge, Financial Mail on Sunday Published: 21:52 BST, 1 May 2021 | Updated: 21:52 BST, 1 May 2021 When the £2billion Kickstart Scheme was launched by Chancellor Rishi Sunak last autumn, it was seen as a lifeline by many small … Read more

China fines e-commerce giant Alibaba a record £2bn for abusing dominant market position for years

China slapped a record 18 billion yuan (£2billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its dominant market position for several years. The fine, about 4 per cent of Alibaba’s 2019 domestic revenues, comes amid a crackdown on technology conglomerates and indicates China’s antitrust … Read more

China fines e-commerce giant Alibaba a record £2bn for abusing dominant market position for years

China slapped a record 18 billion yuan (£2billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its dominant market position for several years. The fine, about 4 per cent of Alibaba’s 2019 domestic revenues, comes amid a crackdown on technology conglomerates and indicates China’s antitrust … Read more

Lock maker Chubb could change hands for more than £2bn

One of Britain’s oldest lock makers could be about to change hands for more than £2bn By Ben Harrington, Financial Mail on Sunday Published: 21:50 GMT, 27 March 2021 | Updated: 22:43 GMT, 27 March 2021 One of Britain’s oldest lock makers could be about to change hands for more than £2billion. City sources said … Read more

US casino in £2bn swoop on Gamesys: Bosses to hit £500m jackpot

US casino in £2bn swoop on online gambling firm Gamesys: Founders and bosses to hit £500m jackpot in bumper takeover deal By Mark Shapland For The Daily Mail Published: 21:50 GMT, 24 March 2021 | Updated: 21:50 GMT, 24 March 2021 The founders and bosses of online gambling firm Gamesys have hit the jackpot after … Read more

Government paying £2bn a month to service ballooning national debt

Government paying £2bn a month to service Britain’s national debt… and the cost is set to spiral By Mark Shapland For The Daily Mail Published: 21:51 GMT, 4 March 2021 | Updated: 21:51 GMT, 4 March 2021 The Government is paying £2billion a month to service the nation’s ballooning debt pile. According to Budget documents, … Read more