Hundreds of jobs at sushi chain Wasabi hang in balance

Hundreds of jobs at sushi chain Wasabi hang in balance after it becomes latest chain to prepare to shut restaurants By Daily Mail City & Finance Reporter Published: 21:50 BST, 21 August 2020 | Updated: 21:50 BST, 21 August 2020 Hundreds of jobs at sushi chain Wasabi are hanging in the balance after it became … Read more

High Street shops left behind in UK’s economic recovery

Industry leaders warn future of thousands of businesses ‘hangs in the balance’ as High Street is left behind in UK’s economic recovery By Tom Witherow For The Daily Mail Published: 21:50 BST, 21 August 2020 | Updated: 21:50 BST, 21 August 2020 The future of thousands of businesses ‘hangs in the balance’ as the High … Read more

MARKET REPORT: Airline stocks take off with Portugal boost

MARKET REPORT: Airline stocks take off after Portugal is added to UK’s list of safe holiday destinations By Matt Oliver For The Daily Mail Published: 21:51 BST, 21 August 2020 | Updated: 21:51 BST, 21 August 2020 Airline stocks took off yesterday after Portugal was added to the UK’s list of safe holiday destinations.  Ministers … Read more

GYG says coronavirus has not dented demand for big boats

Superyacht maintenance firm GYG says coronavirus crisis has not dented demand from super-rich for big boats By Daily Mail City & Finance Reporter Published: 21:51 BST, 21 August 2020 | Updated: 21:51 BST, 21 August 2020 Superyacht painting and maintenance firm GYG says the coronavirus crisis has not dented demand from the super-rich for big … Read more

Furlough applications blocked over fraud fears

Thousands of furlough applications blocked by taxman due to fears they are fraudulent By Daily Mail City & Finance Reporter Published: 21:51 BST, 21 August 2020 | Updated: 21:51 BST, 21 August 2020 Thousands of furlough applications have been blocked by the taxman due to fears they are fraudulent.  More than 30,000 applications for the … Read more

Williams Formula One team bought by US private equity firm

Formula One team founded by racing legend Sir Frank Williams bought by US private equity firm By Daily Mail City & Finance Reporter Published: 21:51 BST, 21 August 2020 | Updated: 21:51 BST, 21 August 2020 The Formula One team founded by racing legend Sir Frank Williams has been bought by a US private equity … Read more

ITV announces investment in Britbox Australia

ITV announces investment in ‘Britbox Australia’ as it hopes success down under will help it recover from ‘one of the most challenging times’ in its history Pre-tax profits plunged by 93% to £15m compared to the same period last year BritBox shows classic British television shows like Top Gear and Broadchurch A new series of … Read more

Retail sales surged past pre-pandemic levels in July

Shoppers tired of being holed up at home helped retail sales rise to pre-pandemic levels last month, new official figures have revealed. Retail sales volumes swelled by 3.6 per cent between June and July, which is 3 per cent higher than levels seen in February. But, in a sign of how hard enforced temporary closures … Read more

Airbnb pressing ahead with floating on stock market

Airbnb pressing ahead with floating on stock market, even as coronavirus pandemic hammers bookings By Matt Oliver For The Daily Mail Published: 22:15 BST, 20 August 2020 | Updated: 22:15 BST, 20 August 2020 Airbnb is pressing ahead with floating on the stock market, even as the pandemic hammers bookings.  The accommodation booking app has … Read more

Coronavirus forces PwC to delay annual results

Coronavirus forces auditor PwC to delay annual results…and car dealer Lookers applies brakes too By Matt Oliver For The Daily Mail Published: 22:15 BST, 20 August 2020 | Updated: 22:15 BST, 20 August 2020 Auditor PwC and scandal-hit car dealer Looker have become the latest businesses to delay their financial results.  Lookers, which is grappling … Read more