A Monaco-based aviation tycoon worth £141million is suing the government over the Covid-19 lockdown describing it as ‘draconian’ and ‘wrecking the economy’. Simon Dolan, 50, who owns aircraft charter business Jota Aviation has put Health Secretary Matt Hancock on notice of his intention to sue the government, claiming the lockdown measures are breaching human rights. … Read more
Britain’s biggest steelmaker Tata Steel seeks taxpayer bailout of £500m – 10 times the amount available under government support scheme Tata Steel is in need of £500m funding package due to coronavirus impact Company has approached UK and Welsh Governments for financial support Local MP Stephen Kinnock asked Treasury to lift cap on business loans Tata Steel … Read more
Port Talbot steelworks’ owner Tata Steel seeks £500m loan from UK Government Talks are at an early stage and no agreement is likely to be announced soon Tata Steel’s large customers, such as car makers, have stopped production The manufacturer has also been hit by a rise in raw material costs By Ben Harrington For … Read more