Boris Johnson was facing a furious Tory backlash at all levels of his party last night after he attempted to mount an extraordinary defence of Dominic Cummings. At a dramatic press conference in Downing Street, the Prime Minister claimed his chief aide had acted ‘responsibly, legally and with integrity’ while making a controversial 260-mile trip … Read more
Millionaire Steve Coogan faces further fury as it emerges his TV production company furloughed NINE staff – after he also used taxpayer scheme for his gardener and housekeeper Seven full-time employees and two temporary staff have been furloughed Baby Cow Productions is behind hit shows including Gavin and Stacey Coogan, the firm’s founder, owns 25% … Read more
Future of Channel Four is under threat as it faces ‘biblical’ cash crisis after a sharp decline in advertising revenue – and a lack of big hits Channel’s budget was cut by £150 million, with £10 million left for rest of 2020 One broadcasting insider has said the channel will have to fight for its … Read more
National Trust faces £200m loss as it reveals its properties are unlikely to reopen until autumn due to coronavirus pandemic The conservation charity’s houses have been shut across the UK since March 20 The number of cancelled memberships soars as the trust eyes up cash reserves Boss tells MPs trust is ‘desperate to open’ as … Read more
Mohammed Khan (pictured), 20, is facing jail after pleading guilty to masterminding a ‘Covid-19 tax break’ scam A student who masterminded a ‘sickening’ coronavirus swindle against the most vulnerable members of the public is facing jail. Mohammed Khan, 20, sent thousands of fraudulent texts and emails inviting unwitting victims to fill in their bank details in … Read more
Boris Johnson faces a grilling by Tory MPs this afternoon with the Prime Minister expected to be told to get a grip on the coronavirus crisis in care homes and to rule out tax rises to pay for the damage done by the current outbreak. Mr Johnson will deliver a speech to the 1922 Committee … Read more
Mastercard faces two days in front of Britain’s highest court to determine whether it potentially owes every adult in the UK a collective £14billion. Former financial ombudsman Walter Merricks is taking the card provider to court, claiming the fees it charged shops between 1992 and 2008, declared unlawful by the European Commission, resulted in consumers … Read more
By any stretch of the imagination, the economic data that has been part of the top two or three nightly news items for the last six weeks has been colossally dreadful. Then bright and early this morning we saw the Bank of England warn UK GDP will slump by 14 per cent this year as … Read more
MARKETS LIVE: Bank of England warns Britain faces worst recession on record as rates are held at 0.1%; 02 and Virgin announce mega merger plans UK interest rates kept on hold at 0.1% by the BoE first thing this morning Covid-19 crisis means Britain on track for worst recession on record It is possible that … Read more
Ocado faces shareholder revolt over fat cat pay with chairman questioned over his independence By Tom Witherow For The Daily Mail Published: 22:54 BST, 5 May 2020 | Updated: 23:40 BST, 5 May 2020 Ocado is facing a shareholder revolt today over ‘excessive’ pay as its chairman is questioned over his independence. The online grocer … Read more