Coronavirus UK: Serco reinstates dividend after earning £350m from Covid contracts

Sir Keir Starmer fumed today that it was ‘outrageous’ Test and Trace contractor Serco has restarted dividends after raking in hundreds of millions of pounds of taxpayers’ cash during the pandemic. The outsourcing giant reported a surge in profits in 2020 after being handed £350million in Government Covid contracts. Serco is doing so well that … Read more

Deliveroo boss William Shu set for a £350m payday in blockbuster float

Deliveroo boss set for a £350m payday with food delivery firm valued at £5.1bn ahead of blockbuster float By Matt Oliver For The Daily Mail Published: 21:50 GMT, 27 January 2021 | Updated: 22:48 GMT, 27 January 2021 The boss of Deliveroo is set to gain a fortune of more than £350million from the food … Read more

UK ports owner splashes out on a £350m upgrade ahead of Brexit and the return of cruises

UK ports owner splashes out on a £350m upgrade ahead of Brexit and the return of cruises Associated British Ports (ABP) has spent £250m on improving infrastructure  Another £50m has been spent on overhauling the firm’s container terminals  And ABP is splashing out £50m on a cruise ship terminal in Southampton  By City & Finance … Read more

Treasury savages ‘appalling’ plans for a £350m relocation of body replacing PHE

Treasury savages ‘appalling and incredibly expensive’ plans for a £350m Essex HQ to house new body replacing Public Health England The National Institute for Health Protection has replaced Public Health England   Matt Hancock has tabled plans to relocate the NIHP’s headquarters to Essex  Treasury insiders have criticised the plans, calling them ‘appalling and incredibly expensive’  … Read more

American media tycoon Henry Mauriss makes £350m Newcastle bid

American businessman Henry Mauriss has made a £350million offer to buy Newcastle United and wants to take control before next season, sources have told MailOnline. It is said that Mauriss is ready to move quickly but any deal would be dependent on the collapse of the Saudi-led takeover currently subject to the Premier League’s owners … Read more