Residential landlords ‘cheating taxman out of £1.7bn’

Residential landlords ‘cheating taxman out of £1.7bn’ a year, think-tank says That’s three times higher than £540m reported for 2010, Tax Watch said Money is lost as many landlords fail to declare income on self-assessment forms By Sarah Bridge for The Mail on Sunday Published: 22:31 BST, 8 August 2020 | Updated: 22:31 BST, 8 … Read more

Motoring insurer Hastings to go private in £1.7bn deal

Motoring insurer Hastings set to be taken over by Finnish and South African duo in £1.7bn deal Finnish and South African consortium bid 250p a share in cash for the group FTSE 250-listed Hastings’ share price has jumped to reflect this Hastings shareholders will still get their dividend paid out By Jane Denton For Thisismoney … Read more

Jeff Bezos’ ex wife Mackenzie announces she donated $1.7bn to charities over the past year

MacKenzie Bezos announced Tuesday that she donated $1.7billion to charitable causes over the past year, a bulk of which went to racial equity and justice causes. The ex-wife of Amazon founder Jeff Bezos, who revealed Tuesday she’ll now take on her middle name and go by MacKenzie Scott, is the second-richest woman in the world … Read more

MARKET REPORT: Stamp duty hopes give builders £1.7bn boost

More than £1.7billion was added to the value of Britain’s biggest housebuilders on hopes the Chancellor will cut stamp duty.  Rishi Sunak is expected to propose raising the levy’s threshold so that it would only apply to properties valued at £500,000 or more, instead of the current £125,000.  The changes are expected to be unveiled … Read more

BAE Systems buys Collins Aerospace’s GPS unit from America’s United Technologies business for £1.7bn

Defence giant BAE Systems buys Collins Aerospace GPS unit from America’s United Technologies for £1.7bn BAE shares rose 2.9 per cent, up 17.8p to 642.4p in trading on Monday Move comes just six months after United Technologies and Raytheon merged The GPS business has designed military receivers for more than 40 years By Sara Scarlett … Read more

BP promises to pay a £1.7bn dividend despite ‘brutal’ environment

BP promises to pay a £1.7bn dividend despite ‘brutal’ environment which has seen profits slump by two thirds By Francesca Washtell For The Daily Mail Published: 23:42 BST, 28 April 2020 | Updated: 23:42 BST, 28 April 2020 BP has handed savers and pensioners a lifeline by promising to pay a £1.7billion dividend despite profits … Read more

Energy firms owe £1.7bn to households which have overpaid for energy

Energy firms owe £1.7bn to millions of households which have overpaid for their energy By Money Mail Reporter For The Daily Mail Published: 22:01 BST, 14 April 2020 | Updated: 23:11 BST, 14 April 2020 One in ten energy customers could be due a rebate of more than £200 MIillions of households are owed around … Read more