Covid ‘will lead to a cheap holidays bonanza’: Ryanair boss Michael O’Leary says only way for tourism firms to recover is to slash prices to get people travelling again Michael O’Leary said the only way his airline can recover is by slashing fares As Ryanair resumed flights, he said lower fares would be funded by … Read more
Savers pounce on NS&I after it ditched plans to slash rates, while other banks continue to cut theirs By Sylvia Morris and Fiona Parker For The Daily Mail Published: 22:01 BST, 30 June 2020 | Updated: 22:01 BST, 30 June 2020 Hard-pressed savers have flooded National Savings & Investments (NS&I) after its accounts topped best-buy … Read more
Hundreds of protesters camped outside City Hall are demanding that lawmakers slash the New York City police budget by $1billion. The ‘Occupy City Hall’ encampment began forming Tuesday following weeks of street protests sparked by the death of George Floyd and other black Americans killed by law enforcement. The protesters are part of a national … Read more
Families can again book summer getaways after ministers agreed last night to open air corridors with dozens of countries. The partial dismantling of Priti Patel‘s quarantine scheme means UK holidaymakers will be able to return home without having to self-isolate for 14 days. The Foreign Office will also lift its advice against ‘all but essential … Read more
Royal Mail announces 2,000 job cuts to slash costs by £130m next year after group’s profits tumble amid coronavirus crisis By Mark Duell for MailOnline Published: 07:26 BST, 25 June 2020 | Updated: 07:33 BST, 25 June 2020 Around 2,000 jobs are being cut at Royal Mail as the group announced a management overhaul to … Read more
Fears sandwich chain Pret a Manger is poised to slash jobs as leaked video reveals sales have fallen by 85% during lockdown Chief executive Pano Christou revealed the news in online video call with staff He said weekly sales had plunged to just £3 million, just 15% of normal levels Dire data came despite the … Read more
Exam results could be slashed amid forecasts suggesting teachers have marked pupils affected by the coronavirus pandemic too generously this year, while other pupils to be impacted by the virus will benefit from a £1billion support package. As some pupils face longer school days and new social distancing measures, data published by FFT Datalab suggests … Read more
Making the wearing of facemasks compulsory could slow the spread of Covid-19 cases by as much as 40 per cent, a new study has today suggested. The study, in Germany, examined the growth rate of cases in regions across the country in the days following the introduction of masks in shops and on public transport. … Read more
Investors endure a £60m blow as almost half of FTSE firms slash their dividend payouts By Francesca Washtell For The Daily Mail Published: 21:50 BST, 11 June 2020 | Updated: 21:50 BST, 11 June 2020 Forty-eight FTSE 100 firms have slashed dividends – in a huge blow to investors and savers. Chemicals giant Johnson Matthey … Read more
Boris Johnson is pushing to reduce social distancing from two metres to one metre under plans to accelerate the reopening of the economy after he was warned millions of jobs could be lost. Mr Johnson is believed to be keen to slash the distancing rule if the science shows it is safe to do so. … Read more