Covid ‘will lead to a cheap holidays bonanza’: Ryanair boss Michael O’Leary says only way for tourism firms to recover is to slash prices to get people travelling again Michael O’Leary said the only way his airline can recover is by slashing fares As Ryanair resumed flights, he said lower fares would be funded by … Read more
Boris Johnson today urged firms to hold off on job cuts ‘until times get better’ after John Lewis, Harrods and Topshop announced plans to close stores and axe workers as coronavirus continues to choke Britain’s high streets. The Prime Minister was confronted about a growing numbers of job losses amid the pandemic during todays PMQs, insisting the Government … Read more
Boris Johnson today urged firms to hold off on job cuts until ‘times get better’ after John Lewis, Harrods and Topshop announced plans to close stores and axe workers as coronavirus continues to choke Britain’s high streets. The Prime Minister was confronted about a growing numbers of job losses amid the pandemic during todays PMQs, insisting the Government … Read more
Hand back furlough billions, firms are urged as builder Redrow becomes the latest to pledge to return the money By Matt Oliver For The Daily Mail Published: 22:26 BST, 30 June 2020 | Updated: 22:26 BST, 30 June 2020 Big companies are facing pressure to hand back taxpayer cash used to furlough their staff after … Read more
Companies taking taxpayer support urged to narrow gap between bosses’ and workers’ pay to help economy recover post-coronavirus Chief executives at some of Britain’s biggest companies have been earning 200 times more than their average employee 39 companies on taxpayer support were some of the worst culprits for large divides By Francesca Washtell For The … Read more
Some 400 small firms seek High Court fight with Hiscox after being denied business interruption claims By Daily Mail City & Finance Reporter Published: 21:51 BST, 24 June 2020 | Updated: 22:01 BST, 24 June 2020 The Hiscox Action Group is demanding to join the action being taken against the insurance giant by the Financial Conduct Authority … Read more
Small firms still struggling to land Bounce Back loan cash with more than £40bn already handed out By Lucy White For The Daily Mail Published: 23:11 BST, 23 June 2020 | Updated: 23:57 BST, 23 June 2020 More than £40billion has been handed out to businesses in emergency taxpayer-backed loans – but hundreds of desperate … Read more
Ministers set to introduce new rules to protect firms that are critical to public health from foreign takeovers By Daily Mail City & Finance Reporter Published: 21:55 BST, 21 June 2020 | Updated: 21:55 BST, 21 June 2020 Ministers are set to introduce new rules to protect firms that are critical to public health from … Read more
Damning figures show one third of FTSE 100 firms still do not have a single minority ethnic director By Matt Oliver For The Daily Mail Published: 21:55 BST, 21 June 2020 | Updated: 22:08 BST, 21 June 2020 One third of FTSE 100 firms still do not have a single minority ethnic director, damning figures … Read more
Should Chinese firms be allowed to take charge of building vital parts of Britain’s infrastructure, such as our 5G phone networks and nuclear power plants in Suffolk and Essex? Senior Tories increasingly think they should not. Sceptical MPs believe Britain cannot cede control of such important assets to firms that must ultimately bow to the … Read more