Head of Britain’s largest recruitment website calls on companies to sacrifice profits and slash bonuses to save jobs By Helen Cahill, Financial Mail On Sunday Published: 21:52 BST, 18 April 2020 | Updated: 22:29 BST, 18 April 2020 The head of Britain’s largest recruitment website has called on companies to sacrifice profits and slash bonuses … Read more
What we think of as ‘valuable’ is changing amid coronavirus and firms will be judged on how they behaved, says former BoE governor Mark Carney He said companies would be judged by ‘what they did during the war’ This meant how they treated employees, suppliers and customers Writing in The Economist, he said the pandemic … Read more
The £7 trillion cost of the Great Lockdown: IMF warns slump will be worst since the Great Depression of the 1930s By Ruth Sunderland Business Editor For The Daily Mail Published: 22:45 BST, 14 April 2020 | Updated: 23:07 BST, 14 April 2020 The economic slump from the deadly coronavirus will be the worst since … Read more
Insurers told to pay out to firms forced to close by coronavirus but thousands are warned they’re not covered FCA urges insurers to act swiftly to pay out on coronavirus-related claims But the watchdog also warned that most firms aren’t actually covered It comes as IMF labels coronavirus crash will be the worst hit to … Read more
No one knows what Britain’s High Street will end up looking like once the coronavirus pandemic subsides. Oasis and Warehouse have fallen into the hands of administrators with 2,300 jobs on the line, while the likes of Debenhams and Cath Kidson remain on the brink. Many of Britain’s retailers, and particularly those with bricks-and-mortar based … Read more
What can economic history teach us about the lockdown? The coronavirus pandemic is, of course, first and foremost a social crisis. It is testing the limits of the NHS, bringing out the best in our doctors, nurses and carers, and many others on whom we all rely. But it is also a huge challenge for … Read more
Millions of households are wondering how they will cope with a big drop in income because of measures prompted by the Covid-19 crisis. Exclusive figures for Money Mail today reveal that the average family will be left with little more than £1 a week to spare if they don’t adjust their spending habits after a … Read more
Aviva offers 90-day lifeline for car and home insurance customers struggling in the virus crisis By Money Mail Reporter For The Daily Mail Published: 22:01 BST, 14 April 2020 | Updated: 23:11 BST, 14 April 2020 Aviva will let car and home insurance customers defer premiums for up to three months Aviva will let car … Read more
Businesses are fighting for survival amid the pandemic. Some have chosen to exploit customers to save their own skin and Money Mail has been quick to call out these misdeeds. But our inbox has also been flooded with emails from readers praising firms that have gone above and beyond for their customers. Here we highlight … Read more
Before the coronavirus pandemic, Irene Priestley, 91, would take a short bus ride to the nearest Santander branch and withdraw all the cash she needed for a month. But now, confined to her home and without internet access, she is running out of money. Santander, like all other UK banks, has this week outlined how … Read more