Cruz said the airline would emerge from the coronavirus pandemic ‘much smaller’, as he hit back at comments by MPs sitting on the transport select committee.
Daily Mail Business Articles
Rolls-Royce triggers £250bn nuclear mini reactor race
The plans, circulated in Whitehall ‘in the last few weeks’, could see construction of high-tech factories to build the small reactors begin by next year.
Short-sellers prey on firms raising cash to beat coronavirus
Short-sellers have swooped on Premier Inn owner Whitbread, Aston Martin and events firm Hyve, which have raised £1.5billion through rights issues.
Tech chief Tom Ilube wants firms to act to end race bias
Ilube, a successful entrepreneur and CBE, believes a rare opportunity to make hugely significant improvements to workplaces has suddenly emerged.
CBI boss Carolyn Fairbairn storms into row over Huawei 5G
Fairbairn warns moves to restrict the Chinese firm could ‘damage’ economic recovery. Prime Minister Boris Johnson is under huge pressure to reduce Huawei’s part in the rollout of 5G.
HAMISH MCRAE: Rishi Sunak must get radical on tax
The Government has to let the country get moving again. There is certainly a case for temporary tax cuts, just as there is a case for a revamp of our hideously complex tax system.
Every sector of UK economy is hit by coronavirus
Pubs, theatres, housebuilders and car makers were among the worst hit after the lockdown delivered an ‘unprecedented’ blow to the economy.
Beano stalwart Dennis the Menace to teach kids about cash
The ‘Money and Me’ scheme is being launched by the Bank of England next month and will be taught to primary pupils aged five to 11.
ALEX BRUMMER: Nadir for British output in April
It is critical that furlough and various government loan-guarantee schemes do not become a crutch for zombie companies. The UK economy largely is about services.
MARKET REPORT: Pearson soars as activist buys stake
Swedish investment group Cevian Capital revealed it has scooped up a 5.4 per cent stake in the group, which it said it had been watching closely for years.