Fury at Wetherspoon’s boss Tim Martin and Sports Direct’s Mike Ashley over their reaction to coronavirus lockdown By Daily Mail City & Finance Reporter Published: 01:21 GMT, 25 March 2020 | Updated: 01:21 GMT, 25 March 2020 Two of Britain’s best known bosses have caused uproar over their reaction to the coronavirus lockdown. Tim Martin, … Read more
Fears over £350bn virus bailout: Business groups warn many large firms may not be eligible for BoE’s loan scheme By Tom Witherow For The Daily Mail Published: 21:50 GMT, 23 March 2020 | Updated: 22:09 GMT, 23 March 2020 Thousands of businesses are facing an uncertain future as cracks appear in the Government’s £350billion bailout … Read more
Fashion giant H&M to redirect suppliers to make masks, gowns and gloves for doctors By Daily Mail City & Finance Reporter Published: 21:50 GMT, 22 March 2020 | Updated: 22:24 GMT, 22 March 2020 Fashion giant H&M will redirect its suppliers to manufacture thousands of masks, gowns and gloves for doctors. It said it would … Read more
We’ll lend firms £250k in 48 hours to survive the economic crisis, say banks By Helen Cahill For The Mail On Sunday Published: 23:06 GMT, 21 March 2020 | Updated: 23:06 GMT, 21 March 2020 The new emergency loans will be interest-free for the first year Banks will tomorrow promise to hand small businesses interest-free … Read more
Sir Richard Branson and other billionaire aviation investors should reach into their own pockets and contribute to any bailout deal for the sector, former Ministers have demanded. The Government is thought to be on the verge of agreeing a multi-billion pound rescue deal for airlines and airports – which could include the State taking stakes … Read more
Sales up by HALF in supermarket frenzy as store chiefs expect profits surge to run on for months Major chains said spending at individual shops had risen even more than 50% Even less popular items like tinned meat or and long-life milk flew off the shelves By Neil Craven for The Mail on Sunday Published: … Read more
Britain’s supermarket sector has been thrown into the spotlight like never before in the last few weeks. Panic-stricken shoppers are stockpiling goods and stripping shelves bare of essentials as the Government’s draconian but necessary lockdown plans ramp up. From the crack of dawn, shoppers are queuing up outside supermarket doors to try and get hold … Read more
Britain has joined the rest of the world in pushing the pause button to try to combat the coronavirus pandemic. This has sent the economy into uncharted waters and could lead governments and central banks there too, as they try to pull off rescue plans big enough. Highly unusual financial measures including helicopter money, people’s … Read more
Jobs at risk as firms beg ministers to defer tax bills before they are forced to lay off thousands of skilled workers By James Salmon for the Daily Mail Published: 21:51 GMT, 19 March 2020 | Updated: 22:13 GMT, 19 March 2020 Britain’s manufacturers have pleaded with ministers to defer their tax bills immediately before … Read more
Engineering giants in race to design new medical ventilator as NHS warns it needs an extra 20,000 By Sam Greenhill and Francesca Washtell For The Daily Mail Published: 21:50 GMT, 19 March 2020 | Updated: 22:14 GMT, 19 March 2020 UK firms are racing against time to design a new life-saving medical ventilator by next … Read more