British Airways owner IAG had a torrid 2020, to put it lightly, but things are looking up for Britain’s flag carrier after it secured a £2billion loan yesterday that it will be able to start tapping into this month. The facility has been underwritten by banks and partly by UK Export Finance, a Government arm … Read more
UK chip maker valued at £2.1bn as it eyes float: Nvidia rival Graphcore on path to London listing By Daily Mail City & Finance Reporter Published: 08:17 GMT, 30 December 2020 | Updated: 08:17 GMT, 30 December 2020 Bristol-based company Graphcore has raised another £162million from investors, setting pulses racing that the chip designer could … Read more
Businesses leaders on the warpath as High Street loses £2bn a week in lockdown By Tom Witherow For The Daily Mail Published: 22:01 GMT, 17 November 2020 | Updated: 23:25 GMT, 17 November 2020 Business leaders yesterday slammed the Government’s handling of the coronavirus crisis and said the lockdown in England has left thousands of … Read more
Rolls-Royce bosses will be breathing a sigh of relief after it completed a bumper £2billion fundraising that will unlock even more emergency cash. Britain’s flagship engineering group was aiming to sell 6.5bn new shares to existing investors in what is known as a rights issue. Rolls earns a hefty chunk of its money from maintaining … Read more
Scottish Mortgage defends £2bn Tesla holding after selling out of Facebook and shrinking Amazon stake By Hugo Duncan for the Daily Mail Published: 21:51 GMT, 6 November 2020 | Updated: 21:51 GMT, 6 November 2020 Britai’s oldest investment trust has defended its near-£2billion stake in Tesla after selling out of Facebook and trimming its holding … Read more
Bezos cashes in £2bn with Amazon shares up more than 70% this year as pandemic drives more shoppers online By Matt Oliver For The Daily Mail Published: 21:53 GMT, 5 November 2020 | Updated: 22:00 GMT, 5 November 2020 Amazon boss Jeff Bezos has sold more than £2billion of shares as he cashes in on … Read more
China’s richest man loses £2bn in one day after Ant Group float is blocked by Beijing By Francesca Washtell For The Daily Mail Published: 21:51 GMT, 4 November 2020 | Updated: 21:51 GMT, 4 November 2020 China’s richest man Jack Ma had more than £2billion wiped off his fortune in one day after Beijing blocked … Read more
Retailers, hotels and restaurants in London’s West End braced for £2bn slump in sales over Christmas season By Harriet Dennys, Financial Mail On Sunday Published: 21:51 GMT, 31 October 2020 | Updated: 21:51 GMT, 31 October 2020 Retailers, hotels and restaurants in London’s West End are braced for a £2billion slump in sales over the … Read more
As coronavirus crisis tears through corporate Britain, US tech titans are raking in £2bn a day By Matt Oliver For The Daily Mail Published: 22:27 GMT, 29 October 2020 | Updated: 22:47 GMT, 29 October 2020 America’s technology titans are raking in nearly £2bn a day even as the coronavirus pandemic ravages the global economy, … Read more
MARKET REPORT: Rolls-Royce shareholders back British engineer’s £2bn cash call, throwing it a lifeline as its tries to survive coronavirus crisis By Matt Oliver For The Daily Mail Published: 00:37 GMT, 28 October 2020 | Updated: 00:37 GMT, 28 October 2020 Rolls-Royce shareholders have backed the British engineer’s £2bn cash call, throwing it a lifeline … Read more