Baggage handler Swissport announces 4,500 job losses due to Covid-19 as airport bosses say 20,000 UK industry staff are at risk Chief executive Jason Holt told staff cuts had to come to help company survive Swissport operates at airports across the UK, including Heathrow and Gatwick It currently employs 8,500 baggage handlers and check-in staff … Read more
Prince Harry and Meghan Markle’s application to trademark their new charitable organisation Archewell has been rejected, it has been reported. The Duke and Duchess of Sussex, who stepped down as working royals earlier this year, had their application turned down because they did not sign the document and they did not pay all the required fees, … Read more
Investors endure a £60m blow as almost half of FTSE firms slash their dividend payouts By Francesca Washtell For The Daily Mail Published: 21:50 BST, 11 June 2020 | Updated: 21:50 BST, 11 June 2020 Forty-eight FTSE 100 firms have slashed dividends – in a huge blow to investors and savers. Chemicals giant Johnson Matthey … Read more
‘Involuntarily celibate man, 23, accidentally amputated his own hand making a bomb to blow up hot cheerleaders’ Cole Carini arrived at a hospital on Tuesday with a missing hand, missing fingers on his other hand, and shrapnel wounds on his neck Carini was subsequently interviewed by police who obtained a warrant to search his home … Read more
Burberry becomes latest blue-chip company to cancel dividend in attempt to absorb £241m hit from pandemic By Tom Witherow For The Daily Mail Published: 22:05 BST, 22 May 2020 | Updated: 22:05 BST, 22 May 2020 Tough times: The luxury retailer ditched a payout worth £120m Burberry became the latest blue-chip company to cancel its … Read more
Grim economic news is something we have had to get used to in the past two months but yesterday was something of a body blow. Chancellor Rishi Sunak’s announcement that he was extending the jobs retention scheme until October is the most ominous of all the amendments and additions to the bailout for the economy … Read more
Double blow for borrowers as furlough scheme and mortgage holidays come to an end By Daily Mail City & Finance Reporter Published: 21:51 BST, 6 May 2020 | Updated: 21:51 BST, 6 May 2020 Thousands of homeowners who have taken a mortgage repayment ‘holiday’ because their finances were squeezed by the coronavirus could receive a … Read more
Oil deals a cruel blow: Shell’s decision to slash dividend and suspend share buybacks hurts investors, says ALEX BRUMMER By Alex Brummer for the Daily Mail Published: 22:00 BST, 30 April 2020 | Updated: 22:26 BST, 30 April 2020 For everyone managing a pension or investment fund, Shell’s decision to slash its dividend by two-thirds … Read more