Adair Turner, the economist who became chairman of the City regulator days after Lehman Brothers collapsed, wrote a book based on his ringside seat when the 2008 banking crisis went nuclear. Just over a decade later, the man once tipped to run the Bank of England is writing a script he believes will speed up … Read more
British Airways heading for legal battle with union officials over plans to make a quarter of its pilots redundant By Harriet Dennys, Financial Mail On Sunday Published: 21:58 BST, 2 May 2020 | Updated: 21:58 BST, 2 May 2020 British Airways is heading for a legal battle with union officials over plans to make a … Read more
Insurer Hiscox sends letter to cafe owner suggesting he should sell cakes to anyone passing his doorway instead of claiming on his insurance policy By Helen Cahill, Financial Mail On Sunday Published: 21:57 BST, 2 May 2020 | Updated: 22:20 BST, 2 May 2020 Insurer Hiscox has sent a letter to a cafe owner suggesting … Read more
Further gloom descended on airline stocks after Ryanair said it could cut up to 3,000 jobs. The Irish budget carrier will kick off a restructuring programme in a bid to survive the coronavirus crisis that could also include staff taking unpaid leave, slashing salaries by 20 per cent and temporarily closing bases at certain airports. The … Read more
How the cost of tinned beans, pasta sauce and flour have risen in price online during April thanks to demand Average price of tinned beans has jumped 1.1% week-on-week, figures suggest Staples like rice, pasta sauce and cleaning sprays also still climbing Cost of products like nappies, handwash and long-life milk reportedly down Some supermarkets … Read more
With the country in the grips of coronavirus pandemic and the NHS under strain, it’s fair to say many in the health profession are feeling the pressure, Thousands of NHS staff across the country are facing the disease head on, working tirelessly day and night to save lives and stop the spread. To show how … Read more
As the Chancellor gives foreign workers fighting coronavirus tax breaks, a legal expert answers your questions: How does it work, how long will it last, and is it right? By Helen Jones For This Is Money Published: 14:45 BST, 29 April 2020 | Updated: 14:48 BST, 29 April 2020 On Thursday 9 March, Chancellor Rishi … Read more
Money Mail today calls on the nation’s supermarkets to do more to ensure the elderly and vulnerable can have food delivered to their homes. We have now heard from hundreds of anxious readers who say they have been told to stay at home but cannot get an online supermarket delivery slot. Around 300 of your … Read more
All insurers are being warned they must not seek to profit from the pandemic. The industry is expected to pay out more than £1.2 billion due to the virus, according to the Association of British Insurers (ABI). But firms are already facing legal action after refusing payouts to crippled businesses, while others are expected to … Read more
Port Talbot steelworks’ owner Tata Steel seeks £500m loan from UK Government Talks are at an early stage and no agreement is likely to be announced soon Tata Steel’s large customers, such as car makers, have stopped production The manufacturer has also been hit by a rise in raw material costs By Ben Harrington For … Read more