Sir Stelios to blast ‘dishonest’ easyJet board

Sir Stelios to blast ‘dishonest’ easyJet board ahead of fundraising By Harriet Dennys For Financial Mail On Sunday Published: 22:31 BST, 4 July 2020 | Updated: 22:57 BST, 4 July 2020 EasyJet founder Stelios Haji-Ioannou is preparing a fresh attack on the airline’s board. At a shareholder meeting on Tuesday week, he is set to … Read more

Banks braced for £10bn hit as job losses shoot up

Banks braced for £10bn hit as customers are weaned off loan payment holidays just as job losses shoot up Lenders have granted payment holidays on loans worth more than £250bn Many of the three-month holidays will come to an end this month Fears are rising of a wave of defaults as customers lose their incomes  … Read more

Fashion chain New Look wins extension to crucial loan

New Look wins extension to crucial loan as it prepares to overhaul hundreds of lease contracts By Neil Craven for The Mail on Sunday Published: 22:31 BST, 4 July 2020 | Updated: 22:58 BST, 4 July 2020 Embattled fashion chain New Look has agreed terms on a crucial bank loan as it prepares to overhaul … Read more

Lower rates for careful Zopa credit card users

Zopa to offer lower credit card interest rates to careful spenders who have better credit ratings Zopa will launch a credit card with interest rates as low as 9.9% The better the borrower’s credit score, the lower the rate they would be charged By Helen Cahill For The Mail On Sunday Published: 22:31 BST, 4 … Read more

Staveley case: Barclays paid Qataris to ‘help set up other deals’

Staveley case: Barclays paid Qataris to ‘help set up other deals’ By Helen Cahill For The Mail On Sunday Published: 22:30 BST, 4 July 2020 | Updated: 22:58 BST, 4 July 2020 Barclays paid Qatari investors extra fees in its 2008 bailout because it expected them to help set up other deals, its former chief … Read more

£2m golden goodbye for sacked boss of Thames Water

Britain’s biggest water company has handed its former boss a £2million pay-off after he was fired for a series of failings. Thames Water has been accused of rewarding failure over the golden handshake for Steve Robertson. Robertson presided over numerous major leaks, hefty fines and sewage flooding controversies during three years in charge. Former Thames … Read more