Boss of Britain’s biggest recruiter James Reed warns of job losses ‘tsunami’ on ‘day of reckoning’ when furlough ends Government revealed it was paying 6.3m workers’ wages at the start of May There were warnings it faced an £8bn bill as a result of the furlough scheme The scheme will run out at the end … Read more
Sophie Wessex is said to be ‘incredibly saddened’ by the closure of a children’s hospice facility after the coronavirus pandemic saw them lose £2million in funding. The Countess, 55, is patron of Shooting Star Children’s Hospices, a charity which cares for babies, children and young people with life-limiting conditions, and their families. The organisation, which … Read more
Uber feels a £2.3bn pandemic pain but its food delivery service becomes the ‘silver lining’ By Daily Mail City & Finance Reporter Published: 21:50 BST, 8 May 2020 | Updated: 09:14 BST, 9 May 2020 Uber’s losses ballooned to £2.3billion between January and March as coronavirus travel restrictions hammered its taxi business. This was far … Read more
London Zoo may have to shut down: Bosses facing losses of £2.3m a month in the coronavirus crisis The zoo has furloughed 280 staff and needs a £25m cash injection to stay afloat It faces the worst crisis since it opened in 1847 as its reserves are running out This could put its world-renowned collection … Read more
Premier League clubs are facing combined losses of up to £177million in season ticket and corporate hospitality sales due to the coronavirus crisis. Analysis undertaken by Sportsmail reveals that the 20 top-flight clubs were projecting income of around £708m from match-day revenue this season, with almost a quarter of that set to be lost as a … Read more
Caffe Nero owner to open dozens of new outlets despite growing losses By Daily Mail City & Finance Reporter Published: 23:59 BST, 15 December 2019 | Updated: 23:59 BST, 15 December 2019 The owner of Caffe Nero is poised to open 80 new outlets next year. The business, which also owns Harris + Hoole, Coffee … Read more
Struggling fashion chain New Look sees losses narrow after shake-up despite another fall in sales By Daily Mail City & Finance Reporter Published: 23:08 BST, 11 February 2020 | Updated: 23:08 BST, 11 February 2020 Struggling fashion chain New Look has narrowed losses despite another fall in sales. It lost £1.2million in the first nine … Read more
At a meeting of Premier League Shareholders today, clubs discussed in detail how to respond to the COVID-19 global pandemic. First and foremost, it was reaffirmed that the overriding priority is to aid the health and wellbeing of the nation and our communities, including players, coaches, managers, club staff and supporters. It was acknowledged that … Read more
Fresh Port Talbot jobs fears as Tata Steel’s Chandrasekaran says he will not ‘tolerate losses’ By A Daily Mail Reporter Published: 23:00 GMT, 5 January 2020 | Updated: 08:03 GMT, 6 January 2020 There were fresh fears for 4,000 Tata steel workers in Port Talbot after the boss of its Indian owner said he would … Read more
Money Mail today calls on the big banks to put off overdraft charge hikes and waive fees as the nation battles deadly coronavirus. High-Street banks are poised to increase interest rates to as much as 50 per cent, which means many struggling households will have to pay more to borrow. This is despite the fact … Read more