Laws to protect struggling British firms from takeovers by foreign companies are to be introduced by Ministers following a series of political rows over the expansionist ambitions of Chinese business. The legislation will give Business Secretary Alok Sharma extra powers to impose conditions on deals to protect key UK firms that have been left vulnerable by … Read more
Taylor Wimpey to repay furlough cash: Builder’s vow ramps up pressure on profitable firms By Matt Oliver For The Daily Mail Published: 21:56 BST, 18 June 2020 | Updated: 21:57 BST, 18 June 2020 Firms that rake in huge profits have come under pressure to hand back taxpayer’s cash for furloughed staff, after Taylor Wimpey … Read more
So just WHEN will pubs reopen? Nicola Sturgeon confirms Scottish hospitality industry will remain CLOSED well into July despite a ‘gradual opening’ of its economy – as Boris Johnson refuses to to confirm July 4 date for English boozers to reopen She will update Scotland about its lockdown in Holyrood this afternoon It could see Scottish … Read more
Don’t let bookies target addicts: NHS mental health director Claire Murdoch urges gambling firms not to use restart of football season to ‘open the floodgates of addiction Top flights English football is just days away from returning to TV screens NHS mental health director fears gambling firms will look to capitalise hugely Thousands could be set … Read more
Investors eager to help the country get back on its feet are flocking to British funds. Savers piled £1 billion into UK focused funds in April — the largest influx of cash since the so-called ‘Boris Bounce’ following the General Election in December, according to research from broker AJ Bell. After suffering heavy falls early … Read more
Migrant workers making PPE for firms supplying the NHS during the coronavirus pandemic are earning as little as £1.08 an hour in cramped factories, an investigation has found. Staff employed by Top Glove in Malaysia, the world’s largest manufacturer of medical gloves, have told Channel 4 News for a special report, broadcast tonight, of the level … Read more
Britain is facing an unemployment crisis in the wake of the coronavirus pandemic, with up to 4.5million people left without jobs, Boris Johnson has reportedly warned cabinet members. The Prime Minister has told cabinet members to brace for a spike in unemployment figures, which could reach the highest number since records began, according to reports … Read more
Stock market speculators attempting to cash in on turmoil at British companies raising money from investors to survive coronavirus pandemic By Jamie Nimmo, Financial Mail On Sunday Published: 21:51 BST, 13 June 2020 | Updated: 21:51 BST, 13 June 2020 Stock market speculators are attempting to cash in on turmoil at the British companies raising … Read more
Tom Ilube was in his 20s when a headhunter put him forward for a job at a big City firm. He was told the boss remarked: ‘Ilube, that’s an interesting name. Is he black?’ On hearing that he was, the boss exploded: ‘Don’t you know? We don’t employ black people.’ Thankfully, times have altered since … Read more
UK abandons plans for full border checks on EU goods after pressure from businesses already suffering from coronavirus impact Government has accepted firms can’t cope with leaving EU and coronavirus Light-touch regime at ports like Dover may be introduced after transition period This would happen under both a deal and no-deal scenario But the EU … Read more