Hedge funds bet on £500m cash call at Hammerson

Hedge funds bet on £500m cash call at shopping centre landlord Hammerson due to coronavirus crisis Hammerson may tap investors for up to £500m to cope with coronavirus crisis A major deal to offload seven retail parks fell through as buyer Orion pulled out Hammerson will get to keep the £21m deposit paid by the bidder  … Read more

Lloyds under fire for handing out just £500m to struggling firms

Lloyds suffers profits collapse as it comes under fire for handing out just £500m under coronavirus Loans Scheme By Lucy White For The Daily Mail Published: 21:51 BST, 30 April 2020 | Updated: 22:32 BST, 30 April 2020 Lloyds suffered a collapse in profits as it came under fire for its lacklustre lending under the … Read more

Sainsbury’s predicts loss of more than £500m profits this year

Sainsbury’s predicts loss of more than £500m profits this year as it reports 2% drop in quarterly profits of £586m By Martin Robinson, Chief Reporter For Mailonline Published: 07:28 BST, 30 April 2020 | Updated: 07:55 BST, 30 April 2020 Sainsbury’s today warned the coronavirus crisis will cost them £500million over the coming year as … Read more

Port Talbot steelworks owner Tata Steel seeks £500m loan

Port Talbot steelworks’ owner Tata Steel seeks £500m loan from UK Government Talks are at an early stage and no agreement is likely to be announced soon Tata Steel’s large customers, such as car makers, have stopped production The manufacturer has also been hit by a rise in raw material costs  By Ben Harrington For … Read more

SMALL CAP MOVERS: AIM-listed companies raise £500m to cope with coronavirus crisis

AIM-listed companies raise £500million in less than a month to cope with coronavirus crisis The coronavirus crisis has brought more money to AIM as companies turn to investors for support. From the market low on 18 March to the start of the Easter weekend on 9 April, junior market-listed firms announced over £500million of funding. … Read more

Richard Branson warns Virgin Atlantic will collapse without £500m taxpayer-funded bailout

To all the Virgin family, For 50 years I have been humbled by the incredible pride our people take in working for Virgin. It is the people across all our businesses, and the hundreds of thousands of people who have worked with us over the years, that make this company so special. They tell their … Read more

Richard Branson warns Virgin Atlantic will collapse without £500m taxpayer-funded bailout

To all the Virgin family, For 50 years I have been humbled by the incredible pride our people take in working for Virgin. It is the people across all our businesses, and the hundreds of thousands of people who have worked with us over the years, that make this company so special. They tell their … Read more

Sainsbury’s expecting to save £500m from the 100% rates holiday

Sainsbury’s shares rise as it reveals £500m saving from government stimulus package giving retailers a 100% business rates holiday Sainsbury’s customers can now buy no more than three of a grocery product Tesco’s 24-hour stores will no longer be open all day so that they are restocked EU drivers’ hours rules have been relaxed so … Read more