French President Emmanuel Macron, left, and German Chancellor Angela Merkel, right, are pictured arriving at the European Council ahead of the £680bn rescue package announcement.
Daily Mail Business Articles
MARKET REPORT: Respite for Rolls-Royce as it joins US helicopter deal
The engineering giant will provide the engines for Bell-Textron’s V-280 Valor aircraft – one of two models competing for a potentially mammoth deal to make the replacement for Black Hawks.
Outgoing Persimmon boss Dave Jenkinson sells £1.3m of shares
Jenkinson, 52, sold 50,000 shares in the housebuilder at 2622p each, according to a stock market filing. Jenkinson is set to leave Britain’s most profitable housebuilder, where he has worked since 1997.
Parcels boost for Royal Mail as lockdown fuels internet shopping boom
The company said parcel deliveries between March 30 and June 28 were 38 per cent higher than the same period last year – meaning it delivered an extra 117m packages.
US tech tycoons scoop £141bn stock market bonanza
Amazon boss Jeff Bezos, his ex-wife MacKenzie, Tesla boss Elon Musk, ex Microsoft boss Steve Ballmer and Facebook founder Mark Zuckerberg all saw their personal fortunes surge on Monday.
Britain borrowed record £128bn in just three months to battle Covid
Official figures published yesterday revealed the growing black hole in the UK’s public finances, as the cost of emergency measures to prevent the spread of Covid-19 and protect jobs spirals.
Harry Potter book sales give boost to publisher Bloomsbury
Surging demand for digital books also helped the company’s year-on-year revenues to rise 18 per cent to £49.5million in the four months to June 30.
RBS tells more than 50,000 staff to work from home until next year
RBS informed staff in a memo that they could work from home until 2021. The decision flies in the face of the Prime Minister’s pleas for white collar workers to return to the office and boost the economy.
MARKET REPORT: Amigo Loans friendless again as it fears for the future
The guarantor lender, branded a ‘legal loan shark’ by MPs, racked up a £38m loss for the year to March 31 after it was forced to set aside £127m for dealing with the cost of customer complaints.
HSBC among Hong Kong-based banks cracking down on democracy activists
Prominent pro-democracy campaigner Joshua Wong, who has been arrested several times for his involvement in protests, claimed he had already been questioned by HSBC over his income.