Daily Mail Business Articles

The ailing British engineering group is considering a £1.5-2billion shares sale, as well as flogging assets such as Spanish subsidiary ITP Aero to raise cash, according to Bloomberg.

Jan Marsalek, Wirecard’s former chief operating officer, has not been seen since the firm filed for insolvency. It was claimed he flew to Manila, but it has now been established that was not the case.

More than 14,000 jobs were lost this week as a coronavirus jobs bloodbath hit the economy. And the jobs cull has left supermarket bosses scrambling to show they are competitive on price..

As Britain’s pubs finally begin to reopen, Simon Emeny said cutting the levy on goods and services is vital to entice punters back to their pubs and avoid wholesale redundancies.

Anyone with a stake in a REIT reeling from the revolution in shopping habits has little option but to sit tight, hoping for an upturn in fortunes.

It has already warned it will need to cut 9,000 jobs and undertake another restructuring to ride out the crisis – even though it was still working through a turnaround plan before the outbreak.

After the high-flown rhetoric from PM Boris Johnson regards plans to revive the economy after coronavirus, it will be the Chancellor Rishi Sunak’s turn in the limelight on Wednesday.

Two of the UK’s most influential business lobby groups, and the chair of the Parliamentary Business committee, have called on profitable firms to do their bit to get Britain back on track.

The digital media firm announced that its ‘COVID-19 passport’ app is now ready to be rolled out across the UK and globally.

The US president hailed the increase of 4.8m workers – the biggest monthly rise since records began and greater than predicted.