UK business output jumped in June but optimism remains low

Business output jumped significantly in June but optimism remains as low as it was during the credit crunch Services and manufacturing output jumped by over 10 points each last month Today, nail bars, massage studios, and beauty salons were allowed to reopen  On June 15, non-essential stores were allowed to reopen by the government By … Read more

Lifting lockdown fails to provide bounce for High Street

Number of shoppers returning to Britain’s High Streets last month well down on same period last year By Daily Mail City & Finance Reporter Published: 00:05 BST, 13 July 2020 | Updated: 00:06 BST, 13 July 2020 The number of shoppers returning to Britain’s high streets last month continued to be well down on the … Read more

British firms not ready to leave European Union

British firms not ready to leave European Union with just five months to go until Britain formally departs By Daily Mail City & Finance Reporter Published: 00:05 BST, 13 July 2020 | Updated: 00:06 BST, 13 July 2020 British firms today said they are not ready to leave the European Union with just five months … Read more

Laws set to force banks to have local ATMs

Banks will be forced to provide cash machines within a ‘reasonable distance’ of every UK home under laws being prepared by ministers Network operator Link said that 12 per cent of Britain’s 60,000 ATMs were temporarily shut during the coronavirus lockdown Consumers have ditched cash at an unprecedented rate during the pandemic over fears it … Read more

Sir Richard Branson putting £200m into Virgin Atlantic

Sir Richard Branson to stump up £200m as part of a £1bn plan to prop up Virgin Atlantic without taxpayers’ money By Daily Mail City & Finance Reporter Published: 21:56 BST, 12 July 2020 | Updated: 22:24 BST, 12 July 2020 Sir Richard Branson will stump up £200m as part of a £1billion plan to … Read more

Hedge fund PSQUARED placed £20m bet on Boohoo’s shares falling

Hedge fund PSQUARED placed £20m bet on Boohoo’s shares falling, and will already be sitting on a profit By Jamie Nimmo For The Mail On Sunday Published: 14:48 BST, 12 July 2020 | Updated: 15:17 BST, 12 July 2020 A hedge fund has launched an attack on shares in Boohoo – the day after the fast … Read more

PureGym gets a clean bill of health from Moody’s

No frills chain PureGym gets a clean bill of health from credit rating agency Moody’s By Neil Craven for The Mail on Sunday Published: 14:55 BST, 12 July 2020 | Updated: 15:18 BST, 12 July 2020 The no-frills exercise chain PureGym has received an endorsement from Moody’s. Analysts at the credit rating agency forecast a … Read more

Rockfish owner calls for help to ease rural ‘debt mountain’

Rural firms ‘need help to ease debt mountain’ and stave off further job losses By Harriet Dennys For The Mail On Sunday Published: 15:05 BST, 12 July 2020 | Updated: 15:05 BST, 12 July 2020 Rural firms need Government help to deal with their coronavirus ‘debt mountain’ to prevent further job losses, Devon restaurateur and campaigner … Read more

Tui boss says travel industry STILL needs help

Britain’s biggest tour operator has hailed its first flights this weekend as a ‘hugely symbolic moment’ for the industry – but warned of challenges ahead after the summer season was cut critically short.  Package holiday giant Tui yesterday launched its first passenger flights from the UK for almost four months when two Boeing 737 jets … Read more