Coronavirus forces PwC to delay annual results

Coronavirus forces auditor PwC to delay annual results…and car dealer Lookers applies brakes too By Matt Oliver For The Daily Mail Published: 22:15 BST, 20 August 2020 | Updated: 22:15 BST, 20 August 2020 Auditor PwC and scandal-hit car dealer Looker have become the latest businesses to delay their financial results.  Lookers, which is grappling … Read more

Airbnb pressing ahead with floating on stock market

Airbnb pressing ahead with floating on stock market, even as coronavirus pandemic hammers bookings By Matt Oliver For The Daily Mail Published: 22:15 BST, 20 August 2020 | Updated: 22:15 BST, 20 August 2020 Airbnb is pressing ahead with floating on the stock market, even as the pandemic hammers bookings.  The accommodation booking app has … Read more

More House of Fraser store closures on the cards owner warns

House of Fraser owner Frasers Group has warned that further department store closures could be on the cards amid dwindling profits and lower in-store shopper numbers. Frasers, which is owned by Mike Ashley, said in its delayed results today: ‘There are anticipated to be further closures over the coming period, the number of which will … Read more

MARKET REPORT: Builders clobbered for £500m as house prices disappoint

More than £500million was wiped off the value of Britain’s top builders as figures showed house prices had started to fall before the virus lockdown. Shares sank after data was released by the Office for National Statistics (ONS) and the Land Registry, revealing that house prices went into reverse in April. In an ominous warning, … Read more