Daily Mail Business Articles

The company, which led the shale gas drilling boom that helped turn to US into a global energy powerhouse, entered so-called ‘chapter 11’ with a crippling £7.3bn debt pile.

The new Wealth Shortlist will replace Hargreaves’ Wealth 50 list, which fell into disrepute for recommending the doomed Woodford Equity Income Fund right up until the fund’s suspension.

Customers of Morses Club were the latest found to be locked out of their payment accounts, joining those of fellow providers Pockit, Curve, FairFX and Anna Money.

The heroics of the supermarkets, whose staff have kept us fed, watered and toilet papered in lockdown, deserves great applause. Less appetising has been grasping behaviour at board level.

Hunting, which had almost 3,000 employees at the end of last year, will cut more than 700 jobs by the end of this month. The firm makes tools and other products used in oil and gas exploration.

The two firms, whose musical instruments were influential in the development of 1980s pop music, illegally pushed retailers to sell their products online at, or above, a certain price.

Shaun Thaxter’s departure was abruptly announced yesterday, with the company saying it was by ‘mutual agreement’ with the board. He will be handed £885,000 in salary and benefits.

Turnover at the beauty line KKW, which Kardashian West set up in 2017, topped £81m in 2018. Her younger sister Kylie Jenner (pictured right with Kardashian West) is also a make-up entrepreneur.

In March the company brought in accountants who found a £4m shortfall that related to overstating bonuses from manufacturers and a slew of fraudulent expenses claims.

Just some 9,300 mortgages to buy homes were handed out in May, down from around 15,800 in April, some 56,100 in March and 90 per cent below the February level, the Bank of England said.