Do your duty and return furlough cash: Pay it back if you can, firms urged By James Salmon And Matt Oliver For The Daily Mail Published: 22:00 BST, 3 July 2020 | Updated: 22:00 BST, 3 July 2020 Cash-rich companies that bounce back quickly from the coronavirus crisis have been urged to join the ‘national … Read more
Shares in Rolls Royce tumbled by nearly 10 per cent yesterday as it emerged the company is looking for ways to bolster its battered finances. The ailing British engineering group is considering a £1.5-2billion shares sale, as well as flogging assets such as Spanish subsidiary ITP Aero to raise cash, according to Bloomberg. The coronavirus … Read more
Britain buys space firm Oneweb in £800m deal that will boost efforts to create home-grown sat nav system, and help deliver super-fast broadband By Daily Mail City & Finance Reporter Published: 22:00 BST, 3 July 2020 | Updated: 22:17 BST, 3 July 2020 Britain has bought space firm Oneweb at auction in an £800m deal … Read more
HSBC ramping up operations in China – after supporting controversial law regime has imposed on Hong Kong By Daily Mail City & Finance Reporter Published: 22:00 BST, 3 July 2020 | Updated: 22:17 BST, 3 July 2020 HSBC is ramping up its operations in China – just weeks after supporting a controversial law the Beijing … Read more
Amigo has until end of October to clear backlog of complaints it had originally promised to get out of way a week ago By Daily Mail City & Finance Reporter Published: 22:00 BST, 3 July 2020 | Updated: 22:17 BST, 3 July 2020 Amigo Loans will have until the end of October to clear a … Read more
ALEX BRUMMER: Forget the snarling from the Left, bringing the economy back is a priority not being shirked The Bank of England’s Andy Haldane has underlined his faith in a ‘V’ shaped recovery The Chancellor is under some pressure to cut VAT By Alex Brummer for the Daily Mail Published: 22:00 BST, 3 July 2020 … Read more
Rolls-Royce investors itching for more details about coronavirus damage done to engine maker By Daily Mail City & Finance Reporter Published: 21:58 BST, 3 July 2020 | Updated: 22:18 BST, 3 July 2020 Rolls-Royce investors will be itching for more detail about the extent of the damage from the pandemic when it releases a trading … Read more
Fuller’s boss urges Chancellor to cut VAT to prevent thousands of job losses across hospitality industry By Lucy White For The Daily Mail Published: 21:59 BST, 3 July 2020 | Updated: 22:19 BST, 3 July 2020 Fuller’s boss has urged the Chancellor to cut VAT to prevent thousands of job losses across the hospitality industry. … Read more
Britain’s grocers gearing up for massive price war amidst fears unemployment could rise above four million Supermarket bosses are scrambling to show they are competitive on price They are worried that German discounters Aldi and Lidl will make further gains By Tom Witherow For The Daily Mail Published: 21:59 BST, 3 July 2020 | Updated: … Read more
Search for elusive former boss of collapsed payments giant Wirecard intensifies after it emerges his reported flight to the Philippines was faked By Daily Mail City & Finance Reporter Published: 21:59 BST, 3 July 2020 | Updated: 22:20 BST, 3 July 2020 The search for an elusive former boss of collapsed payments giant Wirecard intensified … Read more