Only one in six workers returns to office despite pleas to do so from Government By Matt Oliver For The Daily Mail Published: 22:15 BST, 20 August 2020 | Updated: 22:15 BST, 20 August 2020 Only one in six workers has returned to the office despite pleas to do so from the Government, according to … Read more
Frasers Group boss Mike Ashley hands son-in-law more than £15m in fees over last four years By Tom Witherow For The Daily Mail Published: 22:15 BST, 20 August 2020 | Updated: 22:15 BST, 20 August 2020 Frasers Group boss Mike Ashley has handed his son-in-law more than £15m in fees over the last four years, … Read more
MARKET REPORT: Beleaguered investors in Britain’s blue-chip index left nursing further losses after cautious outlook from US central bank puts global markets on back foot By Lucy White For The Daily Mail Published: 22:15 BST, 20 August 2020 | Updated: 22:17 BST, 20 August 2020 Beleaguered investors in Britain’s blue-chip index were left nursing further … Read more
It may benefit commuters and students, but pension firms warn…Scrapping RPI will cost savers £122bn By Lucy White For The Daily Mail Published: 22:29 BST, 20 August 2020 | Updated: 22:29 BST, 20 August 2020 Worth the wait: Ditching RPI would be beneficial for commuters It might sound like a mere technicality but Government plans to … Read more
As Mike Ashley’s retail empire predicts sales boom, MPs demand he hands back furlough cash Frasers Group placed 18,000 staff on furlough as the lockdown forced it to shut down its shops in late March The company has revealed it made an annual profit of more than £143m By Tom Witherow For The Daily Mail … Read more
Estee Lauder cutting 2,000 jobs and closing up to 225 stores after coronavirus caused sales to collapse By Daily Mail City & Finance Reporter Published: 22:15 BST, 20 August 2020 | Updated: 22:19 BST, 20 August 2020 Estee Lauder will axe 2,000 jobs and close up to 225 stores after the pandemic caused sales to … Read more
A new era for Mothercare? Baby retailer to resume selling on UK high-streets for the first time since collapsing as it gears up to flog clothes and pushchairs at Boots stores Mothercare fell into administration last year, with all its stores shut and jobs lost Boots has announced plans to cut 4,000 jobs as it … Read more
House of Fraser owner Frasers Group has warned that further department store closures could be on the cards amid dwindling profits and lower in-store shopper numbers. Frasers, which is owned by Mike Ashley, said in its delayed results today: ‘There are anticipated to be further closures over the coming period, the number of which will … Read more
America’s technology giants have added nearly $2.5 trillion to their market values this year – an astonishing rally worth almost as much as the entire UK economy. Despite the economic impact of the coronavirus crisis, Facebook, Apple, Amazon, Netflix, Google parent Alphabet, Microsoft and Tesla have surged higher as their businesses continue to boom. They … Read more
It’s lift off! Elon Musk’s SpaceX is now worth £35bn after becoming the first private enterprise to send humans into space By Matt Oliver For The Daily Mail Published: 21:50 BST, 19 August 2020 | Updated: 21:50 BST, 19 August 2020 Elon Musk’s rocket company SpaceX has been valued at $46billion (£35million) after a new … Read more