Wave of cash from rich firms will turbocharge the recovery, says Chancellor Rishi Sunak 

Wave of cash from rich firms will turbocharge the recovery, says Chancellor Rishi Sunak By Tom Witherow and Lucy White For The Daily Mail Published: 23:38 BST, 4 May 2021 | Updated: 23:38 BST, 4 May 2021 Cash-rich companies and consumers will unleash a wave of spending to turbo-charge Britain’s recovery from the pandemic, the … Read more

Cryptomania craze sweeps the world of art

InsidePadua’s Arena Chapel, a series of fabulous frescos by Renaissance painter Giotto adorn the walls. In one, banker Enrico Scrovegni can be seen kneeling in front of the Virgin Mary, begging for forgiveness.  He is said to have commissioned the entire set of works to atone for the great sin of charging interest on loans, … Read more

Fight between restaurants and insurers over lockdown payouts heats up

Court fight between restaurant groups and insurers over business interruption payouts heats up By Daily Mail City & Finance Reporter Published: 21:50 BST, 21 April 2021 | Updated: 21:50 BST, 21 April 2021 Corbin & King, which owns The Wolseley, believes they should have been paid business interruption insurance during the lockdowns The fight between … Read more

Treasury faces fresh probe over Greensill

Chancellor Rishi Sunak was under fresh scrutiny last night over the design of the Government’s pandemic loan scheme that gave access to collapsed financier Greensill Capital. Greensill, which was advised by David Cameron and run by Lex Greensill, was accredited to provide loans of up to £50million to struggling firms under a multi-billion-pound taxpayer-backed emergency … Read more

Port problems and stockpiling surge costs British businesses thousands in costs

British ports under pressure from Brexit and coronavirus-fuelled stockpiling surges have caused UK businesses to face vastly higher container shipping costs than those on the continent, new data suggests. Figures from the logistics company Freightos found problems affecting some of the nation’s busiest ports has meant the average cost of shipping a 40-foot container rose … Read more