Thursday, September 24, 2020

Coronavirus: Sunak hatches new loan scheme for ailing companies

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A new coronavirus bailout scheme that might value billions of kilos is being drawn up by ministers to channel greater loans to companies teetering...

US pharma giant behind COVID-19 drug urges caution

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A number one govt of the US medication giant behind a medication being touted as a profitable remedy for COVID-19 has urged caution over...

Government scheme to pay 80% of firms’ wages extended until end of June

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The multi-billion-pound authorities scheme to attempt to defend tens of millions of UK jobs has been extended by a month.The Coronavirus Job Retention Scheme...

BAT boss’s pay rise fails to stub out investor revolt

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British American Tobacco (BAT) is going through an investor backlash by urgent forward with a 9.5% pay rise for its chief government whilst many...

UK faces worst economic crash since records began, bank boss warns

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The Bank of England governor says the British financial system could also be heading for its worst three months since comparable records started, with...

Coronavirus: Amazon’s investment in Deliveroo gets go-ahead

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The competitors watchdog has cleared Amazon’s investment in Deliveroo after the UK firm’s monetary place deteriorated on account of coronavirus.More follows... ...

COVID-19 hopes and signs of US restart buoys UK stock market

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Britain's stock market has rallied as investor confidence grew with plans to kickstart the US economic system and encouraging signs of a doable remedy...

Coronavirus: Airport groups warn of 10,000 job losses ‘in hours’

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The corporations which dominate floor dealing with companies at UK airports have warned that they may start axing 10,000 workers inside hours except ministers...

Ex-Burberry finance chief to chair new Ovo Energy board

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A former boss of House of Fraser, the division retailer chain, is becoming a member of the newest entrant to the group of large...

Coronavirus: China’s economy shrinks for first time in decades

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China's economy shrank for the first time in decades in the first quarter, because the coronavirus outbreak introduced manufacturing and spending to a standstill.Official...