London is creeping back to work, but the scars will last a while. All giant cities will be damaged, for they are centres for the entertainment and hospitality industries as well as transport hubs. So New York and Paris will be damaged too. But there are troubling reasons to suspect that the London economy may … Read more
Drug firm owners pocket £33m on back of coronavirus epidemic By Jamie Nimmo, Financial Mail On Sunday Published: 21:57 BST, 16 May 2020 | Updated: 21:57 BST, 16 May 2020 The billionaire family behind Hikma Pharmaceuticals has cashed in £33 million of shares in the FTSE100 drugs giant after its stock was boosted by the … Read more
Former owner of failed airline Monarch among handful of investors set to enter advanced talks to bail out Virgin Atlantic By Harriet Dennys, Financial Mail On Sunday Published: 21:57 BST, 16 May 2020 | Updated: 21:57 BST, 16 May 2020 Greybull Capital, the former owner of failed airline Monarch, is among a handful of investors … Read more
M&S puts spring stock in hibernation: Retailer’s last-ditch scheme to mothball clothes as discount war looms By Neil Craven, Financial Mail on Sunday Published: 21:56 BST, 16 May 2020 | Updated: 21:56 BST, 16 May 2020 Marks & Spencer is among a raft of major clothing retailers busy snapping up warehouse space to ‘hibernate’ stock … Read more
Wherever you turn, the numbers are shocking. The economy shrank by nearly 6 per cent in March alone, the worst fall since monthly records began in 1997. The Bank of England expects an economic slump of 25 per cent in this quarter and 2020 is set to suffer from the deepest recession since 1706. Even … Read more
Holidays giant Tui considering tapping investors for hundreds of millions of pounds By Jamie Nimmo, Financial Mail On Sunday Published: 21:56 BST, 16 May 2020 | Updated: 21:56 BST, 16 May 2020 Holidays giant Tui is considering tapping investors for hundreds of millions of pounds. A major equity fund-raise is one of the options under … Read more
Debenhams chief grabs back stores in furious wrangle over Next swoop By Neil Craven, Financial Mail on Sunday Published: 21:56 BST, 16 May 2020 | Updated: 21:56 BST, 16 May 2020 The chairman of Debenhams has waded into a bitter row with one of its most powerful landlords after discovering it had held secret talks … Read more
City bankers may be asked to work from home for rest of year By Ben Harrington, Financial Mail on Sunday Published: 21:56 BST, 16 May 2020 | Updated: 21:56 BST, 16 May 2020 Some City bankers may be asked to work from home for the rest of the year, The Mail on Sunday can reveal. … Read more
Now it’s £5M for our small firms booster! More free adverts up for grabs – but huge demand means now is last chance to claim By Neil Craven, Financial Mail on Sunday Published: 21:56 BST, 16 May 2020 | Updated: 21:56 BST, 16 May 2020 The Mail on Sunday’s groundbreaking advertising giveaway for small firms … Read more
Czech billionaire Daniel Kretinsky raises stake in Royal Mail to £100m as postal service battles biggest crisis since privatisation By Jamie Nimmo, Financial Mail On Sunday Published: 21:56 BST, 16 May 2020 | Updated: 21:56 BST, 16 May 2020 Czech billionaire Daniel Kretinsky has raised his stake in Royal Mail to above £100 million as … Read more
MIDAS SHARE TIPS UPDATE: Begbies Traynor is another insolvency specialist that should benefit from gloom and doom By Joanne Hart, Financial Mail on Sunday Published: 21:55 BST, 16 May 2020 | Updated: 21:55 BST, 16 May 2020 Begbies Traynor is another insolvency specialist that should benefit from the gloom and doom. Focused on small and … Read more
One benefit for those families not impacted by unemployment during lockdown is how much money they are saving – up to £710 a month By Rachel Wait, Financial Mail On Sunday Published: 21:55 BST, 16 May 2020 | Updated: 21:55 BST, 16 May 2020 There may not be many reasons to cheer lockdown, but one … Read more
Small businesses hitting out at Google for not doing enough to help them during coronavirus crisis By Sarah Bridge, Financial Mail on Sunday Published: 21:55 BST, 16 May 2020 | Updated: 21:55 BST, 16 May 2020 Small businesses are hitting out at Google for not doing enough to help them during the coronavirus crisis. Many … Read more