Controversial businessman Mike Ashley is topping up his furloughed staff’s salary to 100% this month and says business has been better than expected as he prepares to open his shops on June 1. After criticism for asking employees to come back to work while on furlough, trying to pay discounted prices for stock and initially … Read more
Billionaire boss of Le Monde newspaper, 52, admits he was a teenage spy who once hacked the mobile phone of President Mitterrand for his security service bosses Xavier Niel, 52, was caught hacking Canal Plus aged 17 after quitting education The Directorate for Territorial Surveillance hired him to harvest data on Renault He also hacked … Read more
Albanian human trafficking gang boss is jailed for nine years after smuggling migrants into UK on dinghies Vladimir Bardoshi is the third member of the gang to be imprisoned in the UK Bardoshi and his gang smuggled migrants from France on a fleet of dinghies The Albanian people trafficker was extradited on a European Arrest … Read more
‘If you’re taking something for free away there’s a reaction’: British Airways boss says he wasn’t surprised at backlash for charging passengers for food on short-haul flights In 2017, BA scrapped free drinks and snacks in economy on short-haul flights Instead the airline began selling passengers products from Marks & Spencer Two years on, BA … Read more
JD Wetherspoon today revealed its £11million masterplan to reopen its 875 pubs in the UK and Ireland as soon as the Government gives them the nod in July – but there is growing pressure for it to be earlier. Drinkers will be expected to sanatise their hands on arrival and repeatedly during their visit, follow … Read more
Lloyds boss Antonio Horta Osorio hit by investor rebellion as a third of shareholders rail against his pay deal By Lucy White For The Daily Mail Published: 21:50 BST, 21 May 2020 | Updated: 21:50 BST, 21 May 2020 Embarrassment: Lloyds boss Antonio Horta Osorio Lloyds Bank was hit by a investor rebellion yesterday as … Read more
Europe will be hit by a second wave of coronavirus – it’s just a question of when and how big, according to the EU’s boss on disease control. Dr Andrea Ammon urged the continent to prepare for another crisis, which she said was inevitable because so few people will have developed COVID-19 immunity. Studies suggest … Read more
Interest rates could be cut below zero to kick start the economy, suggests Bank of England boss Andrew Bailey By Lucy White For The Daily Mail Published: 08:07 BST, 21 May 2020 | Updated: 08:07 BST, 21 May 2020 Bank of England Governor Andrew Bailey has hinted that interest rates could be cut below zero … Read more
DIRECTOR’S DEALS: Anglo American boss Mark Cutifani awarded stock worth £3.3m By Daily Mail City & Finance Reporter Published: 21:50 BST, 8 May 2020 | Updated: 09:30 BST, 9 May 2020 The chief executive of Anglo American has been awarded stock worth £3.3million at current prices under a long-term performance scheme. Mark Cutifani will be … Read more
Double the Isa allowance to £40k, says investment boss, and encourage savers to ditch cash for backing British firms to help them rebuild Fund manager boss says firms with rescue loans will need to clear their debts Standard Life Aberdeen will invest in British companies to help them do this Boss Keith Skeoch says savers should … Read more