Dealmaker Amanda Staveley walked away from ‘toxic’ Greensill bailout Staveley was concerned the firm and its Government ties were becoming ‘toxic’ Bankers in her New York office drew up plans to provide the emergency loan But the deal was thrown into doubt amid growing public scrutiny into Greensill By Helen Cahill For The Mail On … Read more
Belgrave Square is one of the grandest addresses in the world, featuring the lavish, white-stucco London residences of dukes, ambassadors and oligarchs. Today, one of its £42 million, Grade I-listed palaces is undergoing intensive building work. Amid soaring ceilings painted in Baroque frescoes and walls shimmering with gold leaf, chandeliers are being fitted, a luxurious … Read more
Billionaire founder of easyJet refuses to invest any more money in budget airline amid speculation that company plans to tap investors for more cash By Ben Harrington And Neil Craven, Financial Mail On Sunday Published: 21:50 GMT, 27 February 2021 | Updated: 21:50 GMT, 27 February 2021 The billionaire founder of easyJet has refused to … Read more
EasyJet secures £1.4bn state-backed bailout to help struggling budget airline survive coronavirus pandemic By Matt Oliver For The Daily Mail Published: 22:14 GMT, 8 January 2021 | Updated: 22:15 GMT, 8 January 2021 EasyJet last night secured a £1.4billion state-backed bailout to help the struggling budget airline survive the pandemic. The firm said the five-year … Read more
Train fares will be frozen until March… before soaring by 2.6%: Passengers will bear the brunt of Government’s bailout of rail companies during pandemic Fares usually rise in January and are linked to the retail prices index (RPI) The cost of an average annual season ticket will go up from £3,064 to £3,144 Fare rise … Read more
Train fares will be frozen until March… before soaring by 2.6%: Passengers will bear the brunt of Government’s bailout of rail companies during pandemic Fares usually rise in January and are linked to the retail prices index (RPI) The cost of an average annual season ticket will go up from £3,064 to £3,144 Fare rise … Read more
Government set to lose almost £40bn on 2008 bailout of Natwest: Treasury pledges to offload its stake by 2024-25 By Lucy White For The Daily Mail Published: 21:51 GMT, 26 November 2020 | Updated: 21:51 GMT, 26 November 2020 The Government will lose almost £40billion on its 2008 bailout of Natwest after the coronavirus crisis … Read more
Rugby union will receive a bailout totalling £135million as part of English sport’s coronavirus relief package, the government have announced. The Department for Digital, Culture, Media and Sports (DCMS) will provide £44m to the Rugby Football Union, £59m to Premiership Rugby clubs, £9m to clubs in the Championship and £23m to clubs below the Championship. The … Read more
Britain’s biggest nightclub group asking Government for £1m-a-month bailout as it heads for a sale to private equity vultures By Harriet Dennys, Financial Mail On Sunday Published: 21:51 GMT, 14 November 2020 | Updated: 23:22 GMT, 14 November 2020 Britain’s biggest nightclub group is asking the Government for a £1million-a-month bailout as it heads for … Read more
Ryanair boss Michael O’Leary says Government should not give airlines bailout to survive lockdown – despite rivals’ pleas for further state aid By Harriet Dennys, Financial Mail On Sunday Published: 21:51 GMT, 7 November 2020 | Updated: 21:51 GMT, 7 November 2020 Ryanair boss Michael O’Leary has said the Government should not give airlines a … Read more