BA boss hits back: Alex Cruz defends plans to axe 12,000 jobs – and vows to bolster airline for survival By Harriet Dennys, Financial Mail On Sunday Published: 21:52 BST, 13 June 2020 | Updated: 22:02 BST, 13 June 2020 The boss of British Airways today launches an impassioned defence of his plans to axe … Read more
British Airways has a proud history of connecting Britain with the world and the world with Britain. We’ve been doing it for more than a century and in that time we have been through major crises – but not one of those crises has come close to where we find ourselves now. You only have … Read more
Mike Ashley’s Frasers Group buys £97m stake in Hugo Boss as part of plans to take his retail empire upmarket By Daily Mail City & Finance Reporter Published: 22:01 BST, 12 June 2020 | Updated: 22:01 BST, 12 June 2020 Mike Ashley’s Frasers Group – the owner of Sports Direct – has bought a £97m … Read more
Pascal Soriot is on a mission. Not satisfied that in the midst of the coronavirus pandemic AstraZeneca has become Britain’s most valuable company, he believes that his scientists – together with those of Oxford University – are well on the way to producing the first proven vaccine against SARS-CoV-2, the virus behind the pandemic. Not … Read more
Many customers have expressed frustration over online orders which have been damaged in transit. With millions of Britons still stuck in lockdown, they are relying on the postal system to receive and send items they can currently no longer purchase in shops. This has led to numerous complaints from customers about fragile purchases arriving damaged … Read more
Boohoo boss braced for £50m bonus row as share price soars in Covid-19 crisis John Lyttle will receive the sum if he increases Boohoo’s value to £6bn by 2024 Boohoo’s valued has doubled to £4.8billion since Lyttle’s arrival in March 2019 By Neil Craven for The Mail on Sunday Published: 22:31 BST, 6 June 2020 … Read more
The executive chairman of JD Sports has sold £13.3million of shares as part of his ‘family’s financial planning’. Peter Cowgill made the sale of 1.98m shares yesterday at a price of 671.7p. The company insisted the reasons had nothing to do with the performance of the business and that he retained a holding worth £43.5million. … Read more
DIRECTOR DEALS: Persimmon boss Dave Jenkinson cashes out £2.2m of shares By Daily Mail City & Finance Reporter Published: 21:51 BST, 5 June 2020 | Updated: 21:51 BST, 5 June 2020 Persimmon boss Dave Jenkinson has cashed out £2.2million of shares as he prepares to leave. The housebuilder will forever be remembered for the £80million … Read more
M&S boss Steve Rowe lands £143,000 windfall despite retailer falling out of the FTSE 100 and cancelling dividends By Daily Mail City & Finance Reporter Published: 21:51 BST, 3 June 2020 | Updated: 22:37 BST, 3 June 2020 Marks & Spencer boss Steve Rowe has collected £143,000 of shares The boss of Marks & Spencer … Read more
Coronation Street and Emmerdale stars have caused chaos with filming by changing their hair in lockdown, an ITV boss has revealed. Managing Director of Continuing Drama John Whiston told Lorraine Kelly on Wednesday that writers have been forced to change scripts as stars including Danny Miller have been shaving their hair in the absence of … Read more