Our mailbag is overflowing with emails from bitterly disappointed holidaymakers whose travel plans are now in ruins. Many had spent thousands of pounds on once-in-a-lifetime trips to celebrate weddings, milestone birthdays and anniversaries. Now, as well as missing out on those holidays with loved ones, they are finding it near impossible to get their money … Read more
Angry holidaymakers have accused travel firms of cashing in on the coronavirus by hiking prices for customers trying to rebook trips. Millions have had holidays ruined after the virus outbreak sent the world into lockdown. Many customers were already unhappy at being offered vouchers or credit notes instead of refunds. Stuck at home: Millions have … Read more
eBay slashes fees to support struggling small firms during the pandemic By Amelia Murray For The Daily Mail Published: 22:01 BST, 31 March 2020 | Updated: 22:55 BST, 31 March 2020 EBay has slashed its fees for business sellers to support entrepreneurs struggling as a result of the pandemic. As of last week, small firms … Read more
An organisation advising the EU and UN about health has been accused of trying to influence politicians on behalf of giant food companies. The International Life Sciences Institute, based in Washington DC, is influenced by, and working to help, the companies which fund it, scientists said in a study. The institute, funded by Coca Cola … Read more
Criticism of companies who have chosen to stay open during the coronavirus lockdown is being fuelled by people who ‘hate the private sector’, claims business minister. Conservative minister Nadhim Zahawi showed his support for firms who continue to trade, calling for damage to the UK economy to be ‘minimised’ and dismissing ‘unfair criticism’ of bosses. He wrote … Read more
Travel firms ‘strangled’ by Barclays threats: Payments withheld over collapse fears By James Salmon for the Daily Mail Published: 21:52 BST, 29 March 2020 | Updated: 22:17 BST, 29 March 2020 The travel industry has accused Barclays of ‘strangling’ firms by demanding they hand over millions of pounds in case they collapse. While the High … Read more
Clinical: Igor Tulchinsky, with ex-wife Valentina Some of the world’s most powerful hedge funds have placed bets against British businesses for the first time in years, The Mail on Sunday can reveal. Billionaire speculators who have launched bids to cash in on the stock market turmoil and looming recession in the UK include an investment … Read more
Airports ‘will fail in weeks’ without cash injection for baggage firms, Government warned By Harriet Dennys, Financial Mail On Sunday Published: 22:57 GMT, 28 March 2020 | Updated: 23:15 GMT, 28 March 2020 Airports will collapse within weeks without emergency funding for the firms that supply baggage handlers and refuel planes, the Government has been … Read more
150 Manchester firms are still open despite coronavirus lockdown – many without good reason, claims Andy Burnham after a flood of complaints from workers The Mayor of Greater Manchester called for stricter policy on businesses He said he would seek legal advice about whether it was possible to take action Total of 759 people have … Read more
Sunak moves to keep firms afloat in ‘squeezed middle’ that fear they could miss out on coronavirus support By Daily Mail City & Finance Reporter Published: 21:50 GMT, 26 March 2020 | Updated: 21:50 GMT, 26 March 2020 Hundreds of medium-sized businesses are to be given access to emergency coronavirus loans after warnings that many … Read more