…and FTSE chiefs agree March 31, 2010 THE top dogs of Britain’s business community have backed Conservative plans to reverse National Insurance rises for those earning less than £45,000. In a letter to the Daily Telegraph, they said Labour’s 1p in the pound rise in April had come at the wrong time and could result in heavy job losses. The 23 signatories [...]
Stelios uses EasyJet shares as collateral to secure a £5m loan February 17, 2010 EasyJet owner Sir Stelios Haji-Ioannou has raised £5m by using shares as collateral for a loan. An unnamed lender accepted 1.27m shares as collateral in a deal arranged by UBS. The arrangement mirrors a deal in September, when Stelios raised £7.5m by using 2m shares as collateral on a loan through Credit Suisse. EasyGroup has [...]