France’s third lockdown set to cost its economy £12bn

France’s third lockdown set to cost its economy £12bn in just four weeks with output expected to fall 7% By Lucy White For The Daily Mail Published: 21:51 BST, 1 April 2021 | Updated: 21:51 BST, 1 April 2021 France is facing a £12.8billion hit to its economy after President Macron plunged the nation into … Read more

Deliveroo makes a £223m loss despite taking £1.2bn in fees last year

Deliveroo riders set to benefit from float but food delivery app is still to make a profit despite raking in £1.2bn in fees last year By Daily Mail City & Finance Reporter Published: 22:13 GMT, 8 March 2021 | Updated: 22:13 GMT, 8 March 2021 Deliveroo’s riders and customers, as well as restaurants, stand to … Read more

December is a record breaker for grocers as shoppers splashed £12bn

December is a record breaker for grocers as shoppers splashed nearly £12bn on festive treats By Matt Oliver For The Daily Mail Published: 22:58 GMT, 5 January 2021 | Updated: 23:12 GMT, 5 January 2021 British supermarkets enjoyed their busiest month on record in December as shoppers splashed out nearly £12billion on champagne, salmon and … Read more

Supermarkets set for £12bn Xmas bonanza

Supermarkets set for £12bn Xmas bonanza: Families to spend £387m every day By Tom Witherow For The Daily Mail Published: 21:53 GMT, 8 December 2020 | Updated: 22:05 GMT, 8 December 2020 Supermarkets are set for a £12billion Christmas shopping bonanza as families stuck at home splash out record sums on food and drink. The … Read more

Companies with no experience pocketed £12bn on the Government’s ‘shambolic’ PPE scramble

Sabia Mokeddem, 23, was handed a contract worth £880,000  For enterprising businesses, it was the chance of a lifetime. As the coronavirus pandemic swept across Britain, a £12.3billion ‘Wild West’ opportunity emerged for any firms able to provide the NHS with protective equipment. Companies with no experience supplying PPE won lucrative Government deals. Now, the … Read more

£12bn wiped off Netflix with fewer customers joining over the summer

£12bn wiped off Netflix with fewer new customers signing up to the streaming service over the summer By Daily Mail City & Finance Reporter Published: 21:50 BST, 21 October 2020 | Updated: 22:27 BST, 21 October 2020 More than £12billion was wiped off the value of Netflix last night after fewer customers joined the streaming … Read more

High Court signs off on Virgin Atlantic £1.2bn private rescue

High Court signs off on Virgin Atlantic £1.2bn rescue: Deal involves only private funds including £200m from Branson’s Virgin Group By Daily Mail City & Finance Reporter Published: 21:51 BST, 2 September 2020 | Updated: 21:51 BST, 2 September 2020 Virgin Atlantic’s £1.2billion rescue has been signed off by a High Court judge. Last week, … Read more

Virgin Atlantic creditors vote to approve £1.2bn bailout

Virgin Atlantic hails ‘significant milestone in safeguarding its future’ after creditors vote to approve £1.2bn bailout By Matt Oliver For The Daily Mail Published: 22:24 BST, 25 August 2020 | Updated: 22:24 BST, 25 August 2020 Virgin Atlantic hailed ‘a significant milestone in safeguarding its future’ after creditors voted to approve a £1.2billion bailout.  The … Read more

Virgin Atlantic faces anxious wait over £1.2bn rescue plan

Virgin Atlantic faces anxious wait as creditors vote on whether £1.2bn Covid bailout is going to fly Airline could run out of cash in September if survival deal is not approved Virgin Atlantic is 51% owned by Richard Branson’s Virgin Group and 49% by Delta The embattled airline owes more than £50m to trade creditors … Read more