moneymarkets

Bangladeshi factories battle UK rag trade billionaire claiming they are owed £27m in unpaid bills By Daily Mail City & Finance Reporter Published: 21:50 BST, 25 May 2020 | Updated: 22:06 BST, 25 May 2020 Rags to riches: Edinburgh Woollen Mill group billionaire Philip Day The Bangladeshi factories that supply retail billionaire Philip Day with clothes have … Read more

Moment of truth for Astrazeneca: Results of UK drug firm’s Covid-19 vaccine trial due ‘within weeks’ By Matt Oliver For The Daily Mail Published: 21:50 BST, 25 May 2020 | Updated: 22:04 BST, 25 May 2020 Astrazeneca’s bid to produce the world’s first Covid-19 vaccine is facing a moment of truth, with results from a … Read more

Volkswagen preparing for potential surge in camper van sales as middle-class Britons plan summer of socially-distanced staycations By Daily Mail City & Finance Reporter Published: 21:50 BST, 24 May 2020 | Updated: 22:15 BST, 24 May 2020 Volkswagen is preparing for a potential surge in camper van sales as middle-class Britons plan a summer of … Read more

Aston Martin boss Andy Palmer leaving business as part of boardroom shake-up to restore flagging fortunes By Daily Mail City & Finance Reporter Published: 21:51 BST, 24 May 2020 | Updated: 22:14 BST, 24 May 2020 Aston Martin boss Andy Palmer is leaving the business as part of a boardroom shake-up to restore its flagging … Read more

Marks & Spencer boss bows to pressure and slashes his bonuses after ditching dividends worth £470m By Tom Witherow And Matt Oliver For The Daily Mail Published: 21:51 BST, 24 May 2020 | Updated: 21:57 BST, 24 May 2020 The boss of Marks & Spencer has bowed to pressure and slashed his bonuses after ditching … Read more

Cut 2-metre rule to save ‘thousands’ of jobs, say restaurants By Harriet Dennys For Financial Mail On Sunday Published: 22:31 BST, 23 May 2020 | Updated: 23:09 BST, 23 May 2020 Relaxing the two-metre social distancing rule in restaurants and pubs could save ‘thousands’ of jobs, says the boss of the firm behind Wagamama and … Read more

Grocers and butchers return to our high streets: New trend as Co-op and Post Office back our £5m boost for small firms  Independent traders are moving into vacant high street stores across London  Wave of interest from independent butchers, fruit and vegetable retailers  Small traders are looking for sites on high streets in so-called urban … Read more

Pizza Express could permanently close scores of its 470 UK restaurants Pizza Express is grappling with a £1.1billion debt pile  A restructuring process known as a CVA is one of several options  By Harriet Dennys For Financial Mail On Sunday Published: 22:32 BST, 23 May 2020 | Updated: 22:32 BST, 23 May 2020 Pizza Express … Read more

Robert Tchenguiz is embroiled in a vicious spat with powerful City stockbrokers after his multi-million pound bet on the transport giant FirstGroup turned sour. City sources said that at least one of the brokers had threatened legal proceedings, claiming the flamboyant tycoon owes them millions of pounds. But Tchenguiz is understood to be furious with … Read more