Daily Mail Business Articles

Before lockdown, on March 18, the company had 870,000 members. This had dropped to 692,000 on Thursday. Gyms and nail bars will be allowed to reopen on July 25.

The rally will come as a relief to the online fashion group’s founders – who lost £433m in the sell-off which followed claims clothes were being made in sweatshops that paid staff £3.50 an hour.

The engineering group, led by chief exec Warren East (pictured), warned it was set to lose another £1bn by the end of 2020.

Both Persimmon and Bovis Homes-owner Vistry said interest in new homes has picked up since lockdown restrictions on the housing market eased in mid-May.

A scion of the ultra-rich Mittal steel dynasty, Pramod has now been served a bankruptcy order against over a debt of £139,786,656.43 – plus interest – in the Insolvency and Companies Court.

Entrepreneur Sir Stelios Haji-Ioannou has been at loggerheads with the board for months over a £4.5bn order with Airbus for more than 100 planes, which he believes the group should cancel.

Construction of the state-of-the-art facility, which will be built in Hertfordshire near the famous Elstree studios, can now begin. It will have 12 sound stages and be equivalent in size to 22 football pitches.

The 49-year-old could pocket the cash if his company’s market capitalisation averages $150bn for six months, making him eligible for the latest tranche of a record-breaking bonus scheme.

Former Deloitte boss Mike Lynch (pictured), who is worth an estimated £469m, made a fortune from Autonomy’s sale to Hewlett Packard. He is now fighting an extradition request from the US.

As a partnership, John Lewis is held to higher standards of governance than other retailers. One can only imagine the pain involved in shutting eight stores and placing 1,300 jobs in jeopardy.