One of Britain’s electricity grid operators pays billionaire owner £237m dividend for second year in a row By Daily Mail City & Finance Reporter Published: 16:50 EDT, 1 August 2021 | Updated: 16:50 EDT, 1 August 2021 One of Britain’s electricity grid operators has paid its billionaire Hong Kong owner a £237m dividend for the … Read more
Football chairman Steve Gibson’s chauffeur mistakenly sent the tycoon’s wife Polly a text calling her ‘f***nuts’ and saying she was ‘taking the p***’ – but tribunal rules sacking him was unfair Gerry Glover, 53, said Polly Gibson was ‘taking the p***’ when she asked for a lift He claimed the messages were about his dog … Read more
Billionaires seize control of UK’s largest pubs group: Caribbean-based tycoons ride to rescue of Mitchells & Butlers By Tom Witherow For The Daily Mail Published: 21:51 GMT, 15 February 2021 | Updated: 21:51 GMT, 15 February 2021 A group of super-rich tycoons based in the Caribbean has seized control of Britain’s biggest listed pub chain. … Read more
The coronavirus has triggered the worst global economic crisis for nearly a century. But that has not prevented some entrepreneurs, tycoons and investors from making spectacular multi-million pound jackpots through floats, bids and deals. In the thick of the pandemic, tech companies have made blockbuster stock market debuts and private equity has swooped on British … Read more
Asos shares continued to surge yesterday after it bought parts of Sir Philip Green’s stricken retail empire. The stock has risen 13 per cent in the two days since it sealed the £295million takeover of Miss Selfridge, Topman and most significantly Topshop – the jewel in the crown of the once mighty Arcadia group. Asos … Read more
Tycoons cash in £250m as shares in ecommerce business Hut Group surge following last year’s London float Scottish tycoon Sir Tom Hunter was an early backer of the ecommerce business He bagged another £32m having sold £52.5m of stock when it listed in 2020 A number of other smaller shareholders also sold some stock By Lucy … Read more
How David Walliams lent his voice to The Ivy restaurant tycoon’s war on child hunger by backing a campaign to serve thousands of nutritious meals to Britain’s most deprived youngsters TV star and author is backing campaign by the restaurant tycoon Richard Caring The campaign ensured 80,000 free meals were delivered to children last month … Read more
Billionaires behind America’s tech giants have increased their fortunes by £180bn this year By Matt Oliver For The Daily Mail Published: 22:07 GMT, 30 October 2020 | Updated: 22:17 GMT, 30 October 2020 The billionaires behind America’s tech giants have increased their fortunes by £180billion this year, astonishing figures show. Despite coronavirus hammering traditional parts … Read more
TalkTalk tycoons in line for £450m takeover windfall: Hedge fund launches £1.1bn bid for telecoms firm By Matt Oliver For The Daily Mail Published: 21:59 BST, 8 October 2020 | Updated: 21:59 BST, 8 October 2020 A hedge fund boss nicknamed ‘the Rottweiler’ has swooped on the budget broadband provider Talktalk – with a £1.1billion … Read more
Two self-made billionaire brothers from North of England stun City by moving into pole position to buy Asda By Tom Witherow For The Daily Mail Published: 22:21 BST, 28 September 2020 | Updated: 22:21 BST, 28 September 2020 Two self-made billionaire brothers from the North of England have stunned the City by moving into pole … Read more