Boris Johnson holds crunch summit with EU chief Ursula von der Leyen

EU warns it won’t accept a ‘pig in a poke’ trade deal as Boris Johnson and Ursula von der Leyen hold summit vowing to ‘focus’ and inject ‘momentum’ into talks amid bitter standoff over fishing and following Brussels rules Boris Johnson and Ursula von der Leyen have held summit on trade agreement UK threat to … Read more

New Look in crunch talks with lender as stores remain shut

New Look in crunch talks with lender amid growing concern over the high-street’s ability to recover once lockdown restrictions are lifted Group has been thrashing out terms on an £80m loan facility with its bank  The company must renegotiate the terms of the trade credit facility by 30 June  By Neil Craven for The Mail … Read more

Credit card crunch continues as interest-free terms hit a record low

Is this the beginning of a credit card squeeze? Number of 0% and balance transfer deals collapse in the wake of coronavirus There are now 55 purchase and 56 balance transfer deals available This is down from 61 and 66 last month – which were already record lows Banks are pulling credit card offers as … Read more

Divided Cabinet ‘wants Boris Johnson to take crunch lockdown decisions’

The Cabinet is hoping Boris Johnson will return to take crunch coronavirus lockdown decisions amid warnings GDP is set to crash by 30 per cent this quarter. Divisions have emerged in the PM’s top team over how soon the draconian curbs should be eased as they lay waste to the economy. Government sources say there … Read more

More than 25 major high street chains hold crunch talks with landlords to avert stores axe

More than 25 major high street chains hold crunch talks with landlords to avert stores axe By Neil Craven for The Mail on Sunday Published: 23:07 GMT, 21 March 2020 | Updated: 23:07 GMT, 21 March 2020 More than 25 major high street chains are in crunch talks with landlords over a massive rent bill … Read more

ALEX BRUMMER: Beware the credit crunch

Andrew Bailey’s first day as governor of the Bank of England saw a promise of ‘prompt action’ to deal with the financial fallout from the Covid-19 crisis.  His pledge is a fresh signal that all is not well with the global monetary plumbing. The American central bank, the Federal Reserve, has intervened twice since last … Read more

Sports chiefs summoned to Whitehall for crunch talks on coronavirus crisis

Will fans be banned from football? Sports chiefs summoned to Whitehall on Monday for crunch talks on emergency measures as coronavirus crisis worsens Sport’s governing bodies will visit the Sports Secretary Oliver Dowden’s offices  Mr Dowden may seek advice on the practicalities of staging events without fans  Upcoming Italy v England Six Nations rugby match … Read more