Working lives across the country have changed beyond recognition since the pandemic. Official figures show that one in four working adults has been furloughed, while around half of employees have been doing their jobs from home. Now, as many businesses are beginning to re-open, workers are facing fresh uncertainty. Here, FIONA PARKER and AMELIA MURRAY … Read more
Britain’s cash system is on the brink, with increasing numbers of businesses refusing coins and notes due to virus fears. For the millions who still rely on paper money to shop and pay the bills, the idea of a cashless world is desperately worrying. While Money Mail will keep fighting to protect the nation’s access … Read more
First-time buyers’ dreams of home ownership are hanging by a thread after a clampdown by banks and building societies. A rapidly rising number of lenders have ended mortgage offers for borrowers with 5 per cent and 10 per cent deposits. The move has left many young buyers ‘effectively barred’ from the housing market, with some … Read more
After the long economic and medical darkness of spring, midsummer offers some shards of hope. There is a big recovery in the forward-looking purchasing managers’ index (PMI), with both manufacturing and services output higher. The easing of lockdown for the hospitality industry – with the two-metre rules relaxed – is a boost, allowing pubs and … Read more
Ex-Wirecard chief arrested in Germany: Markus Braun accused of false accounting over ‘missing’ £1.7bn that may not actually exist By Matt Oliver For The Daily Mail Published: 23:15 BST, 23 June 2020 | Updated: 23:56 BST, 23 June 2020 The former boss of scandal-hit payments giant Wirecard has been arrested as fears for the firm’s … Read more
Shoe Zone shuts 20 stores and axes head office jobs as it warns Covid aftermath will last for years By Daily Mail City & Finance Reporter Published: 23:15 BST, 23 June 2020 | Updated: 23:56 BST, 23 June 2020 Retailer Shoe Zone has axed 20 stores and announced job losses at its head office to … Read more
Reopening plans fail to lift pubs and restaurants amid concerns many will continue to struggle or even stay closed By Tom Witherow For The Daily Mail Published: 23:15 BST, 23 June 2020 | Updated: 23:56 BST, 23 June 2020 Shares in pubs, hotels and restaurants remain under pressure amid worries that many will continue to … 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
JD Sports saves 2,400 jobs as it buys back its subsidiary Go Outdoors for £56.5m By Daily Mail City & Finance Reporter Published: 23:15 BST, 23 June 2020 | Updated: 23:57 BST, 23 June 2020 JD Sports has bought its subsidiary Go Outdoors back for £56.5m JD Sports has bought its subsidiary Go Outdoors back … Read more
Manufacturers on the march as they spearhead most dramatic economic rebound since records began in 1988 By James Salmon for the Daily Mail Published: 23:15 BST, 23 June 2020 | Updated: 23:57 BST, 23 June 2020 The UK economy has sprung back to life after the lockdown was partially lifted and some businesses allowed to … Read more