‘Delusional’ unions could destroy BA, analysts warn

City analysts say union leaders ‘delusional’ if they believe British Airways does not need to make deep cuts to survive By Harriet Dennys, Financial Mail On Sunday Published: 21:51 BST, 27 June 2020 | Updated: 21:51 BST, 27 June 2020 Union leaders are ‘delusional’ if they believe British Airways does not need to make deep … Read more

MPs calling for powerful gambling watchdog

MPs warn Ministers have ‘unacceptably weak understanding’ of problem gambling – and ‘toothless’ industry regulator needs radical overhaul By Neil Craven, Financial Mail on Sunday Published: 21:51 BST, 27 June 2020 | Updated: 21:51 BST, 27 June 2020 Ministers have an ‘unacceptably weak understanding’ of problem gambling – and the ‘toothless’ industry regulator needs a … Read more

Next poised to bring forward summer promotion

Fashion giant Next poised to bring forward highly anticipated summer promotion – in an effort to manage demand at its shops By Neil Craven, Financial Mail on Sunday Published: 21:51 BST, 27 June 2020 | Updated: 21:51 BST, 27 June 2020 Fashion giant Next is poised to bring forward its highly anticipated summer promotion – … Read more

Dealmaker mulls £100m pensions adviser sale

Investment firm led by dealmaker that shelled out thousands to meet Prime Minister weighing up £100m sale of pensions advisory company it owns By Ben Harrington, Financial Mail on Sunday Published: 21:51 BST, 27 June 2020 | Updated: 21:51 BST, 27 June 2020 An investment firm led by a dealmaker that has shelled out thousands … Read more

BT warns PM Boris Johnson on broadband goal

BT claims PM Boris Johnson’s plan to give all Britons superfast broadband by 2025 requires ‘Herculean effort’ as doubts grow about ambitious target By Jamie Nimmo, Financial Mail On Sunday Published: 21:52 BST, 27 June 2020 | Updated: 21:52 BST, 27 June 2020 BT has claimed that Boris Johnson’s plan to give all Britons superfast … Read more

Why did Ministers let Flybe go bust then save the giants?

A former owner of Flybe has criticised the Government for failing to bail out the regional airline in January – just months before issuing hundreds of millions of pounds to a rival that opposed the rescue deal.  Flybe investors said the airline could have played a key role in Boris Johnson’s ‘levelling up’ strategy for … Read more

Russian tycoon shops for car dealers in UK

Russian tycoon shops for car dealers in UK: Billionaire who fell out with Putin leads way as foreign moguls target struggling British firms The entrepreneur made his fortune building up Russia’s largest forecourt chain Petrov becomes the latest foreign mogul to size up UK investments By Neil Craven, Financial Mail on Sunday Published: 21:51 BST, … Read more

Crispin Odey makes £75m by betting against Intu

Brexiteer Crispin Odey makes £75m by betting against failed shopping mall owner Intu Odey had held a short position in Intu since at least 2012 Intu collapsed after it was unable to persuade its lenders to grant a debt repayment holiday  By Ben Harrington And Neil Craven, Financial Mail On Sunday Published: 21:53 BST, 27 … Read more

Boohoo bosses eye £150m bonus from incentive scheme

Boohoo bosses could bag £150m bonus under incentive scheme it plans to push through By Lucy White For The Daily Mail Published: 22:08 BST, 26 June 2020 | Updated: 22:08 BST, 26 June 2020 Boohoo bosses – including the chairman’s son – could bag a £150m bonus under an incentive scheme it plans to push … Read more