Branson to put £200m into Virgin Atlantic as targets £1bn rescue deal

Branson to put £200m into Virgin Atlantic as it races to secure £1bn rescue deal By Daily Mail City & Finance Reporter Published: 21:51 BST, 1 July 2020 | Updated: 21:51 BST, 1 July 2020 Sir Richard Branson is set to pump £200million of emergency cash immediately into Virgin Atlantic as it races to secure … Read more

Tesla races past Toyota to become world’s most valuable car company

Tesla has raced past Toyota to become the world’s most valuable car company. In a sign of the times, the electric car maker’s value yesterday rose by almost 4 per cent to £165.4billon. That made it more valuable than its much bigger Japanese rival, which is worth £162.7billion, and came as Tesla celebrates the tenth … Read more

Hand back furlough billions, firms urged as Redrow refunds taxpayer

Hand back furlough billions, firms are urged as builder Redrow becomes the latest to pledge to return the money By Matt Oliver For The Daily Mail Published: 22:26 BST, 30 June 2020 | Updated: 22:26 BST, 30 June 2020 Big companies are facing pressure to hand back taxpayer cash used to furlough their staff after … Read more

How tech and gold funds shone brightly during the crisis

How tech and gold funds shone brightly during crisis with returns of over 50% since January By Lucy White For The Daily Mail Published: 22:27 BST, 30 June 2020 | Updated: 22:27 BST, 30 June 2020 Gold funds have been a beacon of hope for investors amid the coronavirus market turmoil this year. Investment funds … Read more

Struggling Airbus to axe 15k roles worldwide including 1,700 in the UK

Struggling Airbus set to axe 15k roles worldwide including 1,700 at UK plant where it makes wings for jets By Daily Mail City & Finance Reporter Published: 22:27 BST, 30 June 2020 | Updated: 22:27 BST, 30 June 2020 Plane maker Airbus will axe 15,000 jobs worldwide as it struggles to survive the coronavirus crisis. … Read more

Sunseekers’ summer rush rescues On The Beach

Sunseekers’ summer rush rescues On The Beach after pandemic slump left it nursing a £34.1m loss By Daily Mail City & Finance Reporter Published: 22:27 BST, 30 June 2020 | Updated: 22:27 BST, 30 June 2020 Families rushing to book holidays have lifted On the Beach as lockdown restrictions begin to ease. After a dismal … Read more

Standard Life Aberdeen to pay new boss Stephen Bird up to £6.3m

Standard Life Aberdeen to pay new boss up to £6.3m: Veteran banker Stephen Bird set to replace departing chief exec Keith Skeoch By James Salmon for the Daily Mail Published: 22:27 BST, 30 June 2020 | Updated: 22:27 BST, 30 June 2020 One of the UK’s biggest fund managers has rolled out the red carpet … Read more

MARKET REPORT: Footsie clocks up its best quarter for a decade 

MARKET REPORT: Footsie clocks up its best quarter for a decade as it bounces back from 25% drop at the start of the pandemic By Francesca Washtell For The Daily Mail Published: 22:27 BST, 30 June 2020 | Updated: 22:27 BST, 30 June 2020 The FTSE 100 has clocked up its best quarter for a … Read more

Coronavirus: Japanese sushi chain YO! changes conveyor belt

Japanese sushi chain YO! changes famous conveyor belt as it adapts to post-Covid safety needs Currently, dishes are sent out on a loop for customers to choose from But soon dishes will be dispatched on the belt once orders have been placed  The new format has been tested at YO!’s Guildford restaurant  By Harriet Dennys … Read more

MARKET REPORT: Car dealer Lookers’ fraud probe reveals £19m black hole

MARKET REPORT: Lookers’ fraud probe reveals car dealer has been exaggerating profits for years leading to a £19m black hole By Francesca Washtell For The Daily Mail Published: 21:50 BST, 29 June 2020 | Updated: 21:50 BST, 29 June 2020 Lookers uncovered a £19million hole in its accounts after a fraud probe found the car … Read more