EasyJet ‘may need to raise £1bn cash’ through a rights issue

EasyJet ‘may need to raise £1bn cash’ through a rights issue Analyst Mark Manduca says it may have to raise between £700m and £1bn Manduca warned that several things ‘could worsen this outcome’  By Ben Harrington For The Mail On Sunday Published: 22:31 BST, 9 May 2020 | Updated: 10:23 BST, 10 May 2020 A top … Read more

Holiday firms demand cash for trips that look set to be cancelled

Anxious holidaymakers are being ‘bullied’ into handing over thousands of pounds for trips that are unlikely to go ahead. Countless holidays have been cancelled since the Foreign Office advised against all but essential travel in March.  Health Secretary Matt Hancock said it was ‘just a reality of life’ that breaks abroad would be off limits … Read more

Holiday firms demand cash for trips that look set to be cancelled

Anxious holidaymakers are being ‘bullied’ into handing over thousands of pounds for trips that are unlikely to go ahead. Countless holidays have been cancelled since the Foreign Office advised against all but essential travel in March.  With no end date in sight, and the Government now looking to enforce a 14-day quarantine period for travellers … Read more

Will cash be a victim of the virus? Businesses refuse coins and notes

Brothers Chris and Jeff Abbott went back to work last Saturday, when they opened their two DIY shops for the first time in four weeks. Only three customers are allowed in at a time and chip-and-pin machines are cleaned frequently with antibacterial wipes. Acrylic screens shield staff from customers at the tills. But the coronavirus … Read more

Collectors buy watches, coins and Hornby trains to cash in on crisis

Collectors buying up watches, coins and even vintage Hornby model trains to cash in on crisis By Amelia Murray For The Daily Mail Published: 22:01 BST, 5 May 2020 | Updated: 23:36 BST, 5 May 2020 Collectors have flocked online to buy vintage watches, gold coins and memorabilia since lockdown began. Experts say the trend … Read more

Pretty Little Thing founder Umar Kamani worth £1billion took taxpayers’ cash to furlough 86 staff

Pretty Little Thing founder Umar Kamani worth £1billion took taxpayers’ cash to furlough 86 staff… as the playboy tycoon lounges in a pool with his beautiful girlfriend Kamani took the decision to use the Government’s scheme to pay workers 80 per cent of their usual income up to a maximum of £2,500 per month On … Read more

Escape To The Country’s Jules Hudson’s cash hit by Covid-19

TV presenter Jules Hudson says the coronavirus outbreak has had a ‘devastating’ impact on his finances – and he would like the Chancellor to do more to help self-employed media workers like him.  Hudson, 50, who has had to stop filming BBC One’s Escape To The Country due to the lockdown, also reveals that he … Read more

Pretty Little Thing founder Umar Kamani worth £1billion took taxpayers’ cash to furlough 86 staff

Pretty Little Thing founder Umar Kamani worth £1billion took taxpayers’ cash to furlough 86 staff… as the playboy tycoon lounges in a pool with his beautiful girlfriend Kamani took the decision to use the Government’s scheme to pay workers 80 per cent of their usual income up to a maximum of £2,500 per month On … Read more