There should be no real surprise that Centrica, Vodafone and Walmart are all choosing to simplify operations and raise cash by splitting off valuable assets. Most desperate to raise cash is Centrica.
The entertainment giant said the planned release in March of Mulan (pictured) – based on a female warrior from Chinese folklore – had been postponed indefinitely.
The British consumer goods group said sales of brands such as Ben & Jerry’s ice cream have surged as families stayed at home and cooked more during the crisis.
Coronavirus travel and social distancing restrictions meant the FTSE100 group couldn’t hold any corporate shindigs between the middle of March and the end of May.
The airline had originally planned to axe around 1,250 of its 4,300 pilots. But this has been cut to 270 under the terms of an agreement that has taken months to hammer out with unions.
The Wiltshire-based company, founded by inventor Sir James Dyson, said the cuts were due to shifting consumer behaviour during the pandemic.
Unilever and Astrazeneca
were long viewed as under-performing and underrated. But both have come roaring back and top the FTSE 100, creating value for the nation’s pension funds.
The deals will support 250 jobs at the suppliers as construction gets under way on the final part of the first Type 26 frigate. The warships are being built at BAE’s shipyards in Glasgow.
RBS allowed the staff member to take away customer files so she could work from home, selling mortgages and other loans to existing customers.
The publisher said advertising revenues had been hit by the pandemic, falling by an underlying 12 per cent in the nine months to June 30, including 45 per cent in the third quarter.