China’s tough new Hong Kong security law has placed the West and the People’s Republic on a collision course which could set back commercial and financial relations by decades.
Daily Mail Business Articles
Moulton deal rescues Everest windows but 188 staff face the chop
The window fitter became unable to pay its bills after having to down tools in the lockdown. Jon Moulton, the boss of Everest’s private equity owner Better Capital, said it was a ‘victim of the coronavirus’.
Cunard cruise ships won’t sail again before November
All sailings have been cancelled for Queen Mary 2 and Queen Victoria up to November 1, and for Queen Elizabeth (all three are pictured above sailing up the Mersey) up to November 23.
Tory MP seeks all-party aid in battle with British Airways
BA has announced plans to cut up to 12,000 jobs but has also come under fire for trying to ‘fire and rehire’ employees who do survive the cull on reduced pay. Huw Merriman has taken up the mantle.
Go to top public school Harrow for £15,000..online
Due to coronavirus, Harrow has decided to open up its online sixth form – which is due to launch in September – to UK candidates as well as to wealthy pupils from abroad.
Chinese predators hunt British bargains during coronavirus
Paul Everitt, head of UK aerospace and defence body ADS, said cutting-edge manufacturers at risk of going bust could become easy targets for foreign buyers.
Oil giant BP cuts 10,000 jobs as industry reels from Covid-19
The coronavirus crisis and oil price crash has sparked a brutal clear-out of senior management and white-collar staff at BP.
The Restaurant Group looks to close more than 100 sites
The company, whose 650 restaurants and pubs include the Wagamama and Garfunkel’s brands, is planning not to reopen as many as 120 outlets after the lockdown ends, putting up to 3,000 jobs at risk.
Amigo in hot water after customer complaints rocket
The controversial lender, dubbed a ‘legal loan shark’ by MPs, said that clearing a backlog of complaints that had built up this year will cost at least £35m – and the bill could be ‘materially higher’.
MARKET REPORT: Investors cheer move to reopen hospitality sector
Ministers are said to be looking at whether pubs, restaurants and cafes could be back in action by June 22, rather than July 4, in a bid to ‘save the summer’.