moneymarkets

Loss-making DFS considers axing up to 200 workers across its Dwell and Sofa Workshop chains By Daily Mail City & Finance Reporter Published: 23:27 BST, 14 July 2020 | Updated: 23:27 BST, 14 July 2020 Retailer DFS Furniture may axe up to 200 jobs across its Sofa Workshop and Dwell chains as the group braces … Read more

Lidl pledges to open one new store per week between now and Christmas, creating up to 1,000 jobs By Tom Witherow For The Daily Mail Published: 23:27 BST, 14 July 2020 | Updated: 23:27 BST, 14 July 2020 Lidl will open one new store per week between now and Christmas, creating up to 1,000 jobs, … Read more

Government’s £9bn Furlough bonus scheme is deadweight, warns budget watchdog By Daily Mail City & Finance Reporter Published: 23:27 BST, 14 July 2020 | Updated: 23:27 BST, 14 July 2020 The OBR said the £9bn furlough scheme ‘is likely to be claimed for employees who would have been retained anyway’ The budget watchdog has warned … Read more

Boohoo supplier was hit with a £15m bill after failing to pay its staff the national minimum wage By Daily Mail City & Finance Reporter Published: 23:27 BST, 14 July 2020 | Updated: 23:27 BST, 14 July 2020 Staffline has supplied agency workers to Boohoo’s warehouses for around four years A supplier to Boohoo was hit … Read more

Health and safety equipment maker Halma has promised to hand dividend-deprived shareholders an extra boost in its next payout. Bucking a trend that has seen dozens of FTSE 100-listed firms cancel or push back handouts as they struggle to balance their books in the Covid era, Halma has raised its total dividend by 5 per … Read more

Vertu Motors bounces back with a £9m profit after dealerships reopened in June but still plans to cut jobs Private car sales across the UK fell by 19.2% in June, according to the SMMT Car showrooms in Wales and Scotland had to stay closed until the end of June  Vertu Motors owns the Bristol Street … Read more

The coronavirus pandemic has inadvertently launched a massive remote working experiment, with many office employees were forced to work from home overnight.   But now that more businesses including pubs and restaurants have been allowed to reopen their doors, companies are being urged to get workers back into the office – with Prime Minister Boris Johnson saying … Read more

MARKET REPORT: Security giant G4S soars 9.3% after it unveils shake-up plans that could see it axe 1,150 jobs By Francesca Washtell For The Daily Mail Published: 21:51 BST, 13 July 2020 | Updated: 21:51 BST, 13 July 2020 Investors piled into G4S after the security giant said profits would trump expectations and unveiled a … Read more

Barclay’s dealmaker Roger ‘Big Dog’ Jenkins leaves with a £50m payoff after helping bank secure a multi-billion pound bailout By Tom Witherow For The Daily Mail Published: 21:51 BST, 13 July 2020 | Updated: 21:51 BST, 13 July 2020 Barclays dealmaker Roger ‘Big Dog’ Jenkins walked away from the bank with a £50million pay-off for … Read more