Tui swings to £2.7bn annual loss and warns bookings won’t return to pre-crisis levels until 2022

Tui swings to £2.7bn annual loss and warns holiday bookings won’t return to pre-crisis levels until 2022 Tui made a mammoth loss of €3.1bn (£2.7bn) in the year to the end of September Revenues fell 58% to €7.9bn (£7.2bn) as Covid disrupted and halted travel Tui looking to cut costs by another €100m, but no … Read more

Use British steel for £27bn infrastructure spree, industry chiefs urge

Use British steel for £27bn infrastructure spree, industry chiefs urge chancellor By Daily Mail City & Finance Reporter Published: 21:53 GMT, 25 November 2020 | Updated: 21:53 GMT, 25 November 2020 Industry chiefs have urged the use of British steel for infrastructure work. Chancellor Rishi Sunak plans to spend an extra £27billion on projects next … Read more

G4S suitor ups ante on £2.7bn pension deficit

Canadian predator targeting G4S putting outsourcer’s pension deficit at heart of its fight to seize control GardaWorld has made a formal £3billion hostile takeover bid A source close to the bid said GardaWorld will ‘throw light on the awful performance of G4S By Tom Witherow For The Daily Mail Published: 21:51 BST, 4 October 2020 … Read more

Elon Musk speeding towards a £2.7bn Tesla windfall

Elon Musk speeding towards a £2.7bn Tesla windfall with the electric car maker’s shares up 500% since last year By Daily Mail City & Finance Reporter Published: 21:51 BST, 9 July 2020 | Updated: 21:51 BST, 9 July 2020 Tesla boss Elon Musk is in line for a £2.7billion bonanza after the electric car maker’s … Read more