Investors endure a £60m blow as 48 FTSE firms slash their dividends

Investors endure a £60m blow as almost half of FTSE firms slash their dividend payouts By Francesca Washtell For The Daily Mail Published: 21:50 BST, 11 June 2020 | Updated: 21:50 BST, 11 June 2020 Forty-eight FTSE 100 firms have slashed dividends – in a huge blow to investors and savers. Chemicals giant Johnson Matthey … Read more

Boris Johnson ‘wants to slash social distancing to one metre’

Boris Johnson is pushing to reduce social distancing from two metres to one metre under plans to accelerate the reopening of the economy after he was warned millions of jobs could be lost.   Mr Johnson is believed to be keen to slash the distancing rule if the science shows it is safe to do so.  … Read more

Coronavirus UK: Slash social-distancing to allow more pubs to reopen, say UK landlords

Slash social distancing to 3ft to allow up to 120% more pubs to reopen, urge UK landlords who say smaller venues without beer gardens will struggle to keep 6ft gap between drinkers Brewery bosses claim many pubs are too small to enforce stringent measures They say halving recommended distance would mean more pubs can reopen  … Read more

Desperate travel companies slash cost of winter sun getaways by hundreds of pounds

With the possibility of winter holidays clouded with uncertainty, desperate holiday companies are slashing prices by hundreds of pounds to secure bookings. Tui has dropped the cost of one ten-night break in the Maldives starting on November 29 by £400. Two weeks ago the firm was advertising, through price-comparison site TravelSupermarket, an all-inclusive stay for … Read more

British Airways’ owner IAG will slash thousands more jobs

British Airways’ owner could slash thousands more jobs as airline industry faces its ‘greatest crisis’ By Francesca Washtell For The Daily Mail Published: 22:16 BST, 11 May 2020 | Updated: 22:53 BST, 11 May 2020 British Airways’ owner could slash thousands more jobs as the airline industry faces its ‘greatest crisis’. IAG has already announced … Read more

‘Channel 4 set to slash celebrity guest fees and introduce a £2,000 pay cap’

‘Channel 4 set to slash celebrity guest fees and introduce a £2,000 pay cap in a bid to save money’ amid the coronavirus pandemic By Niomi Harris For Mailonline Published: 01:44 BST, 2 May 2020 | Updated: 01:44 BST, 2 May 2020 Channel 4 are reportedly planning to slash the appearance fees paid to celebrity … Read more

ALEX BRUMMER: Shell’s decision to slash dividend deals a cruel blow

Oil deals a cruel blow: Shell’s decision to slash dividend and suspend share buybacks hurts investors, says ALEX BRUMMER By Alex Brummer for the Daily Mail Published: 22:00 BST, 30 April 2020 | Updated: 22:26 BST, 30 April 2020 For everyone managing a pension or investment fund, Shell’s decision to slash its dividend by two-thirds … Read more

Boeing will cut staff by 10% and slash production of main commercial planes after $641M loss

Boeing announced sweeping cost-cutting measures Wednesday after reporting a first-quarter loss of $641 million following the hit to the airline business from the coronavirus pandemic. The aerospace giant plans to reduce its workforce by 10 per cent through a combination of voluntary and involuntary layoffs and will slash production of its main commercial planes, including … Read more

GPs told to take pictures of suspected skin cancers on their PHONES to slash referrals

GPs have been told to take pictures of suspicious moles on their phones before referring patients to a skin-cancer specialist. Under new plans, general practitioners working across four areas in North East England will have to take three photographs on their mobiles, which then get sent to a consultant for review. The specialist may then … Read more

They’ll slash your savings rates… but how many building society fat cats will cut THEIR pay?

For nearly 250 years, building societies have played an important part in maintaining the financial fabric of communities up and down the country. Providing loans for home buyers and a safe place for savers to squirrel away their hard-earned cash. Although their numbers have shrunk dramatically over the years, the stoic 43 that remain continue … Read more