Easyjet founder Sir Stelios Haji-Ioannou vows to unseat airline’s bosses

Easyjet founder Sir Stelios Haji-Ioannou vows to unseat airline’s bosses in latest escalation of row over plane order By Francesca Washtell For The Daily Mail Published: 22:29 BST, 16 April 2020 | Updated: 22:29 BST, 16 April 2020 Easyjet’s founder Sir Stelios Haji-Ioannou has vowed to unseat the airline’s chief executive and chairman in the … Read more

Competition watchdog launches probe into proposed takeover of ticket resale website Stubhub by rival

Competition watchdog launches formal probe into proposed takeover of ticket resale website Stubhub by rival Viagogo By Daily Mail City & Finance Reporter Published: 22:29 BST, 16 April 2020 | Updated: 22:29 BST, 16 April 2020 The competition watchdog has launched a formal probe into the proposed takeover of ticket resale website Stubhub by rival … Read more

Bookie Paddy Power still paying staff as it opts out of furlough scheme

Paddy Power shouldering millions of pounds of staffing costs after opting not to use Government’s furlough scheme despite sending shop workers home By Daily Mail City & Finance Reporter Published: 22:30 BST, 16 April 2020 | Updated: 22:30 BST, 16 April 2020 Paddy Power is shouldering millions of pounds of staffing costs after opting not … Read more

MARKET REPORT: Informa eyes £1bn cash call as virus cuts deep

MARKET REPORT: Exhibitions and events organiser Informa goes cap in hand to investors to raise as much as £1bn to weather coronavirus pandemic By Francesca Washtell For The Daily Mail Published: 22:29 BST, 16 April 2020 | Updated: 22:32 BST, 16 April 2020 Exhibitions and events organiser Informa has gone cap in hand to investors … Read more

‘Banks only lend to those that don’t need the cash,’ says Antique furniture seller Claire McFadyen

‘Banks only lend to those that don’t need the cash,’ says Antique furniture seller Claire McFadyen By Daily Mail City & Finance Reporter Published: 22:28 BST, 16 April 2020 | Updated: 22:57 BST, 16 April 2020 Antique furniture seller Claire McFadyen had experienced her best two months of trading in six years of business before … Read more

Royal Mail is under mounting pressure to cut executive pay

Royal Mail is under mounting pressure to cut executive pay after it slashes its dividend to save cash By Matt Oliver For The Daily Mail Published: 22:29 BST, 16 April 2020 | Updated: 22:29 BST, 16 April 2020 Royal Mail is under mounting pressure to cut executive pay after it slashed its dividend to save … Read more

‘Hundreds of thousands’ of jobs in the retail sector at risk of being lost, BRC boss warns

Hundreds of thousands of jobs in the retail sector are at risk of being lost amid the Covid-19 crisis, the British Retail Consortium has warned.  Sales at shops across Britain fell to their lowest level on record last month, with worse figures yet to come, the BRC said. With ‘non-essential’ bricks-and-mortar shops shut up and … Read more

KPMG pays partners £240k less than rival Deloitte after year of turmoil 

Accountancy firm KPMG pays partners £240k less than rival Deloitte as it bids to rebuild trust after year of turmoil By Lucy White For The Daily Mail Published: 21:50 BST, 11 December 2019 | Updated: 21:50 BST, 11 December 2019 Partners at accountancy firm KPMG were paid less than their counterparts at rivals after a … Read more

Cost of Government’s furlough scheme set to soar

Cost of Government’s furlough scheme set to soar as two-thirds of smaller firms apply for taxpayer money to pay wages By Lucy White For The Daily Mail Published: 22:07 BST, 15 April 2020 | Updated: 22:35 BST, 15 April 2020 The cost of the Government’s furlough scheme is set to soar as two-thirds of smaller … Read more

Coronavirus is crisis like no other…and we will be paying for it for a generation

The horrendous impact of Covid-19 lockdown on the output of the British economy, on jobs and on the public finances, is an indisputable fact of our new lives.  But the scale of the hit, as documented by two reports, is so big that the shock is amplified. No wonder then that ‘hawk’ Chancellor of the … Read more