ALEX BRUMMER: As Cineworld temporarily closes its doors, there needs to be recognition that the days of large scale cinema-going may be overAs an entertainment group built on debt, Cineworld was always going to be vulnerable in the pandemic An increasing number of households have access to movies at their fingertips By Alex Brummer for the Daily Mail Published: 17:02 EDT, 5 October 2020 | Updated: 20:08 EDT, 5 October 2020
Daily Mail Business Articles
Biggest shareholders urged to oust Boohoo bosses
Boohoo’s biggest shareholders urged to oust fashion giant’s billionaire chairman after report found sweatshop conditions across its Leicester supply chainBy Tom Witherow For The Daily Mail Published: 17:02 EDT, 5 October 2020 | Updated: 17:25 EDT, 5 October 2020
US giant Caterpillar snaps up Weir oil arm for £314m
Engineering giant Weir is latest British company to catch eye of overseas suitors as Caterpillar snaps up oil arm for £314mThe £314m deal is the final step in Weir’s four-year shake-up, which began when Jon Stanton was appointed as chief executive in 2016 Stanton launched a drive to slim down the sprawling Scottish engineering firm, and now it will serve only the mining industry By Lucy White For The Daily Mail Published: 17:02 EDT, 5 October 2020 | Updated: 17:24 EDT, 5 October 2020
Two of Britain's biggest crowdfunding platforms merging
Two of Britain’s biggest crowdfunding platforms set to merge to create £140m firmBy Daily Mail City & Finance Reporter Published: 17:02 EDT, 5 October 2020 | Updated: 17:24 EDT, 5 October 2020
Ferrero Group set to snap up Fox's Biscuits for £250m
Italian chocolate maker Ferrero Group set to snap up Fox’s Biscuits for £250mBy Daily Mail City & Finance Reporter Published: 17:02 EDT, 5 October 2020 | Updated: 17:23 EDT, 5 October 2020
MARKET REPORT: Shares in Cineworld plunge
MARKET REPORT: Shares in Cineworld plunge after company closes venues again as shortage of film releases trigger collapse in demandBy Matt Oliver For The Daily Mail Published: 17:03 EDT, 5 October 2020 | Updated: 17:22 EDT, 5 October 2020
Virgin Media and O2 merger to create 4,000 jobs in UK
Merger between Virgin Media and O2 will create more than 4,000 jobs in UK if approvedBy Daily Mail City & Finance Reporter Published: 17:03 EDT, 5 October 2020 | Updated: 17:22 EDT, 5 October 2020
Garden centres and nurseries cheer booming sales
Garden centres and nurseries cheering booming sales as coronavirus pandemic prompts families to spruce up their homesBy Matt Oliver For The Daily Mail Published: 17:03 EDT, 5 October 2020 | Updated: 17:22 EDT, 5 October 2020
Ex-fund manager eyes £1m launch of investment platform
Former fund manager raises £1m for investment platform she hopes will rival the likes of Hargreaves LansdownBy Daily Mail City & Finance Reporter Published: 17:03 EDT, 5 October 2020 | Updated: 17:22 EDT, 5 October 2020
Cineworld shares more than halve on news of temporary closures
Cineworld shares tank 36% after FTSE 250 multiplex chain announces temporary closure of all its UK and US cinemasCineworld set to close its 127 UK and Ireland cinemas putting 5,500 jobs at riskThe decision will affect around 45,000 employees in both the UK and the USShares in the FTSE 250 listed company fell by more than half on the open but recovered to close 36% down at 25.20pBy Camilla Canocchi for Thisismoney.co.uk Published: 04:36 EDT, 5 October 2020 | Updated: 11:42 EDT, 5 October 2020