FTSE CLOSE: Aviva to axe 1,800 jobs; Ford to close Bridgend plant; Fiat Chrysler walks away from Renault merger Insurance giant Aviva to cut 1,800 jobs in a bid to save £300million Fiat Chrysler has shelved its ambitions to merge with Renault Sales at fashion firm Joules rose 17% to £218million in its last full … Read more
Insurance giants axe dividends worth £1.3bn in fresh blow to beleaguered savers By Lucy White For The Daily Mail Published: 21:55 BST, 8 April 2020 | Updated: 22:19 BST, 8 April 2020 Insurance giants have axed dividends worth £1.3 billion in a fresh blow to beleaguered savers. Aviva, Direct Line, Hiscox and RSA Group all … Read more
The UK’s biggest banks are facing pressure to cancel or delay big dividend payouts to investors to make sure they have the resources to keep struggling business afloat during the coronavirus crisis. Britain’s biggest banks – Barclays, HSBC, Lloyds, RBS and Standard Chartered – are due to pay out £15.3billion in dividends, a figure which … Read more
UK’s biggest banks face pressure to axe dividends to ensure they can help struggling businesses weather the coronavirus crisis Barclays, HSBC, Lloyds, RBS and Standard Chartered are due to pay out £15.3bn Half of that money is due to investors in the coming weeks But they are facing calls to cancel or delay payouts so … Read more
Axe bonuses and dividends, banks warned amid claims they are ripping off desperate borrowers By Lucy White For The Daily Mail Published: 21:50 GMT, 27 March 2020 | Updated: 21:50 GMT, 27 March 2020 Banks are coming under pressure to cut their bosses’ multimillion-pound pay packages and dividends amid claims they are ripping off desperate … Read more
ITV daytime AXE Lorraine and Loose Women amid coronavirus pandemic… with Lorraine Kelly joining EXTENDED version of GMB By Ellie Phillips For Mailonline Published: 17:28 GMT, 22 March 2020 | Updated: 17:29 GMT, 22 March 2020 ITV Daytime has taken the decision to stop broadcasting Lorraine and Loose Women live from Monday 23rd March. … Read more
Jeremy Corbyn’s aides including general secretary Jennie Formby face the axe in expected new leader Keir Starmer’s ‘purge of lunatic Lefties’ Those expected to be ‘purged’ also include Karie Murphy and Ian Lavery But some warned it would make a mockery of Starmer’s claim as unity candidate Sir Keir is seen as clear favourite ahead of Rebecca … Read more
Jeremy Corbyn’s aides including general secretary Jennie Formby face the axe in expected new leader Keir Starmer’s ‘purge of lunatic Lefties’ Those expected to be ‘purged’ also include Karie Murphy and Ian Lavery But some warned it would make a mockery of Starmer’s claim as unity candidate Sir Keir is seen as clear favourite ahead of Rebecca … Read more
More than 25 major high street chains hold crunch talks with landlords to avert stores axe By Neil Craven for The Mail on Sunday Published: 23:07 GMT, 21 March 2020 | Updated: 23:07 GMT, 21 March 2020 More than 25 major high street chains are in crunch talks with landlords over a massive rent bill … Read more
Drop bonuses, bosses urged as a dozen London-listed companies suspend or axe dividend By Lucy White For The Daily Mail Published: 21:50 GMT, 19 March 2020 | Updated: 22:12 GMT, 19 March 2020 Bosses were last night urged to ditch their bonuses as a dozen London-listed companies suspended or axed their dividends. In another blow … Read more