Insurance firms MUST pay out to firms that lost cash to Covid

Tens of thousands of small businesses will now receive insurance payouts worth as much as £1.2billion to cover losses in the first national lockdown following a landmark Supreme Court ruling this morning. Cafes, pubs, beauty parlours and wedding planners are among the 370,000 businesses that will benefit from the payouts. It is unclear if any … Read more

Insurance firms MUST pay out to firms that lost cash to Covid

Tens of thousands of small businesses will now receive insurance payouts worth as much as £1.2billion to cover losses in the first national lockdown following a landmark Supreme Court ruling this morning. Cafes, pubs, beauty parlours and wedding planners are among the 370,000 businesses that could benefit from the payouts. It is unclear if any … Read more

Tycoons cash in £250m as shares in ecommerce business Hut Group surge following its London float

Tycoons cash in £250m as shares in ecommerce business Hut Group surge following last year’s London float Scottish tycoon Sir Tom Hunter was an early backer of the ecommerce business He bagged another £32m having sold £52.5m of stock when it listed in 2020 A number of other smaller shareholders also sold some stock  By Lucy … Read more

Cash security guard attacked by thug armed with 18 inch machete as two men jailed over robberies

Terrifying bodycam footage shows the moment a cash security guard is attacked with an 18-inch machete outside a Co-Op.  Body camera footage shows the cash security guard approaching his van as he is attacked in Huntingdon, Staffordshire, on March 10 last year.    The guard had been working at a Co-Op when the attacker lunged at … Read more

Hospitality firm not eligible for any of Chancellor’s cash

Business owner Justin Gilchrist can appreciate the irony, albeit through gritted teeth. His company, South Catering, is not eligible for any of the Government’s hospitality grants.  Before the pandemic hit, the Manchester-based business was one of the leading caterers for corporate launches, conferences and meetings in the North West. Now business is at a standstill.  … Read more

Hospitality firm not eligible for any of Chancellor’s cash

Business owner Justin Gilchrist can appreciate the irony, albeit through gritted teeth. His company, South Catering, is not eligible for any of the Government’s hospitality grants.  Before the pandemic hit, the Manchester-based business was one of the leading caterers for corporate launches, conferences and meetings in the North West. Now business is at a standstill.  … Read more

Dr. Dre’s estranged wife Nicole Young says rapper has $262M in cash and Apple stock

Dr. Dre’s estranged wife Nicole Young says Beats Electronics founder owns $262M in cash and Apple holdings Young says the former couple funded lifestyle selling off valuable Apple stock  She claimed from 2017-19, they spent $245 million  Their cash on hand rose by $26 million, thanks to the valuable stock  Rapper, 55, and estranged wife, … Read more

Farmers cash in on Covid dairy drought with 24-hour vending machines

Business is booming for dairy farmers who are adapting to the Covid pandemic by bottling up their profits in vending machines.  As supermarkets struggle to meet the demand for dairy, two family-run farms have taken to selling milk fresh from the cow in self-serve dispensing machines.   Will Lambourne runs Townsend Farm in Marsh Gibbon, near Bicester … Read more