Brittain (pictured) insisted she had her ‘hands full’ with her current job. She has been at Premier Inn owner Whitbread for five years having previously been director of retail banking at Lloyds.
Micro Focus said ‘economic uncertainty’ triggered by the pandemic meant it had to write down the value of its assets by £730m. By contrast, it made a profit of £1.1bn in the same period last year.
Banks have now handed £30.4bn to 1.01m small firms. The loans make up the vast majority of lending under the Government’s emergency coronavirus schemes, which now totals £45.4bn.
As Rishi Sunak unveils plans for a ‘young jobs revolution’, the Unite union yesterday said the jobs of 2,200 workers at DHL, who deliver components for Britain’s biggest car maker, are under threat.
Predicted dividend payouts for this year have also fallen by almost a third over that period from £91billion to £62billion, according to analysis from investment platform AJ Bell.
A resurgence in Britain’s small-cap biotech sector has been one of the few good things to come out of the coronavirus pandemic.
In spite of the missteps, his skill in repairing the troubled bank should allow him to land a European job. He need not hurry, having collected £56m during his sojourn at Lloyds.
It sidelined around 5,700 employees, or about 85 per cent of its workforce, at the height of the lockdown under the Government’s coronavirus jobs retention scheme.
Scheduled for next year, his departure was announced alongside the appointment of former government advisor Robin Budenberg as chairman to replace Lord Blackwell.
The fast-fashion retailer was forced to admit it did not know the name of a supplier which was paying staff £3.50 an hour to make Nasty Gal clothing.