Stelios refers Easyjet to the City watchdog in row over Airbus order

Now Stelios refers Easyjet to the City watchdog as row over £4.5bn plane order from Airbus escalates By Daily Mail City & Finance Reporter Published: 22:46 BST, 14 April 2020 | Updated: 23:09 BST, 14 April 2020 Easyjet founder Sir Stelios Haji-Ioannau has been at loggerheads with the board for weeks Easyjet’s outspoken founder has … Read more

Future of Japanese restaurant chain Wasabi in doubt

Future of restaurant chain Wasabi in doubt as accounts show it was fighting for survival before pandemic By Adam Luck For The Daily Mail Published: 22:45 BST, 14 April 2020 | Updated: 23:09 BST, 14 April 2020 The future of Wasabi is in doubt after accounts showed it was fighting for survival even before the … Read more

Heathrow becomes a cargo hub amid scramble to fly in medical supplies

Heathrow becomes a cargo hub amid scramble to fly in medical supplies like ventilators and PPE By Daily Mail City & Finance Reporter Published: 22:45 BST, 14 April 2020 | Updated: 23:09 BST, 14 April 2020 Heathrow has become a cargo hub as the number of passengers has plummeted.  Flights by freight-only planes using the … Read more

Banks will make £600m in extra interest from Covid mortgage holidays 

Banks are set to make more than £600 million in extra interest paid by cash-strapped homeowners taking mortgage holidays, Money Mail can reveal. Campaigners say the vast profit lenders will make from the crisis is ‘disgraceful’ and are demanding they scrap additional interest charges. The breaks are seen as a lifeline for borrowers facing financial … Read more

Housebuilders spark row over taxpayer cash as they furlough staff

Housebuilders spark row over taxpayer cash as they rush to furlough staff – despite making billions off Government’s Help to Buy scheme By Matt Oliver For The Daily Mail Published: 21:50 BST, 13 April 2020 | Updated: 21:50 BST, 13 April 2020 Britain’s biggest housing companies have furloughed more than 9,000 workers using taxpayer cash … Read more

Carluccios workers to be furloughed after landmark legal ruling

Carluccios workers to be furloughed after landmark legal ruling: Restaurant chain went into administration last month By Daily Mail City & Finance Reporter Published: 21:50 BST, 13 April 2020 | Updated: 22:39 BST, 13 April 2020 Workers at restaurant chain Carluccio’s will be furloughed after a landmark legal ruling.  The firm went into administration last … Read more

Shoemaker John Lobb goes toe to toe with Hermes over name

Bespoke British shoemaker John Lobb goes toe to toe with Hermes over right to use its name By Daily Mail City & Finance Reporter Published: 21:51 BST, 13 April 2020 | Updated: 22:39 BST, 13 April 2020 British shoemaker John Lobb is threatening legal action against Parisian luxury giant Hermes over the rights to its … Read more

Oil price higher amid scepticism over deal between Opec and Russia

Oil price higher amid scepticism over production deal between Opec and Russia By Daily Mail City & Finance Reporter Published: 21:51 BST, 13 April 2020 | Updated: 21:51 BST, 13 April 2020 The oil price rose just 0.46 per cent yesterday after Opec and Russia agreed the largest-ever production cuts. Supply has been slashed by … Read more

We have changed more in a few weeks than in TEN years, says Tesco boss

Dave Lewis, the chief executive of Tesco, announced plans to step down this October some time before coronavirus struck, but had he been harbouring any ideas of winding down as his leaving date approached – admittedly that was never very likely – they went by the board when the pandemic struck. Rather than a leisurely … Read more