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Uber set to sell takeaway division to rival Deliveroo ‘within two years’ By Jamie Nimmo For The Financial Mail On Sunday Published: 23:06 GMT, 21 March 2020 | Updated: 23:06 GMT, 21 March 2020 Taxi firm Uber will sell its Uber Eats takeaway delivery business to rival Deliveroo within two years, analysts believe. The move … Read more
Boris Johnson will today urge Britons to celebrate Mother’s Day remotely by using video calls – as he admits the NHS is on the brink of being ‘overwhelmed’ by the coronavirus outbreak. The Prime Minister’s warning that ‘the numbers are very stark and they are accelerating’ came as the UK death toll soared to 233 … Read more
Restaurant chain Leon launches delivery site to survive the crisis By Harriet Dennys For Financial Mail On Sunday Published: 23:06 GMT, 21 March 2020 | Updated: 23:06 GMT, 21 March 2020 Restaurant chain Leon will this week launch an Ocado-style home delivery site as it reinvents itself to survive the coronavirus crisis. Following the Government’s … 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
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
It wasn’t the first time Crispin Odey has been accused of crying wolf. Over the past five years, Britain’s best-known hedge fund boss has repeatedly predicted a major stock market crash. At one stage, the 61-year-old multi-millionaire seemed so convinced of impending doom that he even faced suggestions (which he dismissed as ‘absolute rubbish’) that … Read more
UK firm Tristel ships disinfectant to China to help it deal with the coronavirus crisis By Jamie Nimmo For The Financial Mail On Sunday Published: 23:05 GMT, 21 March 2020 | Updated: 23:05 GMT, 21 March 2020 A British supplier to the NHS is shipping disinfectant to the Chinese military to help it deal with … Read more
Drugs giant AstraZeneca in talks with governments to find cure for virus Research agreements could be announced in the coming days A deal would see the company team up with experts on monoclonal antibodies By Jamie Nimmo For The Financial Mail On Sunday Published: 23:05 GMT, 21 March 2020 | Updated: 23:05 GMT, 21 March … Read more
STOCK WATCH: Bad time for a float? Not at all, says Italian tech firm Supply@Me By Jamie Nimmo For The Financial Mail On Sunday Published: 23:05 GMT, 21 March 2020 | Updated: 23:05 GMT, 21 March 2020 Markets are in freefall and takeovers are falling off a cliff so you would think there is surely … Read more
Now NO dividend is safe: Experts’ warning as £1bn payouts are axed Several businesses slashed or delayed their dividends in the wake of the crisis More could follow suit, including BP and Shell, according to analysts By Jamie Nimmo and Harriet Dennys For Financial Mail On Sunday Published: 23:05 GMT, 21 March 2020 | Updated: … Read more