money

Bookie Paddy Power still paying staff as it opts out of furlough scheme

by

Paddy Power shouldering millions of pounds of staffing costs after opting not to use Government’s furlough scheme despite sending shop workers home By Daily Mail City & Finance Reporter Published: 22:30 BST, 16 April 2020 | Updated: 22:30 BST, 16 April 2020 Paddy Power is shouldering millions of pounds of staffing costs after opting not … Read more

Competition watchdog launches probe into proposed takeover of ticket resale website Stubhub by rival

by

Competition watchdog launches formal probe into proposed takeover of ticket resale website Stubhub by rival Viagogo By Daily Mail City & Finance Reporter Published: 22:29 BST, 16 April 2020 | Updated: 22:29 BST, 16 April 2020 The competition watchdog has launched a formal probe into the proposed takeover of ticket resale website Stubhub by rival … Read more

Easyjet founder Sir Stelios Haji-Ioannou vows to unseat airline’s bosses

by

Easyjet founder Sir Stelios Haji-Ioannou vows to unseat airline’s bosses in latest escalation of row over plane order By Francesca Washtell For The Daily Mail Published: 22:29 BST, 16 April 2020 | Updated: 22:29 BST, 16 April 2020 Easyjet’s founder Sir Stelios Haji-Ioannou has vowed to unseat the airline’s chief executive and chairman in the … Read more

‘Banks only lend to those that don’t need the cash,’ says Antique furniture seller Claire McFadyen

by

‘Banks only lend to those that don’t need the cash,’ says Antique furniture seller Claire McFadyen By Daily Mail City & Finance Reporter Published: 22:28 BST, 16 April 2020 | Updated: 22:28 BST, 16 April 2020 Antique furniture seller Claire McFadyen had experienced her best two months of trading in six years of business before … Read more

Treasury finally set to extend package of coronavirus rescue loans

by

The Treasury is finally set to extend its package of coronavirus rescue loans today, which will come as a relief for hundreds of businesses that had fallen through the cracks.  Firms which make more than £45m were denied access to the Coronavirus Business Interruption Loan Scheme (CBILS) launched last month.  Help was on offer to … Read more

‘Hundreds of thousands’ of jobs in the retail sector at risk of being lost, BRC boss warns

by

Hundreds of thousands of jobs in the retail sector are at risk of being lost amid the Covid-19 crisis, the British Retail Consortium has warned.  Sales at shops across Britain fell to their lowest level on record last month, with worse figures yet to come, the BRC said. With ‘non-essential’ bricks-and-mortar shops shut up and … Read more

Mark Carney: Coronavirus shows we value public health over our economy

by

What we think of as ‘valuable’ is changing amid coronavirus and firms will be judge on how they behaved, says former BoE governor Mark Carney He said companies would be judged by ‘what they did during the war’ This meant how they treated employees, suppliers and customers Writing in The Economist, he said the pandemic … Read more

What can I do to cool down my one bed flat now the weather is getting hotter and I’m stuck inside? 

by

I live in a small, one bedroom, second story flat in a city centre. As the weather becomes hotter, my home becomes unbearable, even with all the windows open.  I am here all the time at the moment working from home due to the coronavirus lockdown and am struggling to keep it cool. What are … Read more