Fears are mounting that a rise in coronavirus cases around the world including in the UK and US as well as parts of Europe and India – could hold back the global economic recovery and dent demand for fuel.
Daily Mail Business Articles
Lloyds bank rapped over Bounce Back loans scheme
Lloyds was rebuked by the Competition and Markets Authority for ‘bundling’ – making 30,000 customers open a fee-paying account when all they wanted was a Government-backed Bounce Back loan.
Halfords enjoys a roofbox-led recovery as staycations lift sales in August
Sales in its cycling division soared by 59 per cent on a like-for-like basis in the 20 weeks to August 21, thanks to demand for e-bikes and scooters jumping by 230 per cent.
MARKET REPORT: Pharma giants boosted as Covid-19 vaccine hopes grow
Astrazeneca struck a deal with Australian group CSL, which will make 3.8m doses of its potential vaccine for the Australian government. The vaccine is being developed with Oxford University.
Brexit tension hits pound: Sterling tumbles towards $1.31 and €1.11
Speaking on the eve of the next round of negotiations with Brussels, Prime Minister Boris Johnson set a five-week deadline to strike a free-trade deal with the European Union.
Red lights flash as online health and beauty retailer Hut plots float
The Hut Group founder Matthew Moulding (pictured) is taking on both the chief executive and chairman roles – a direct breach of the UK’s Corporate Governance code
Thomas Cook set to return as an online-only travel agent
As airlines and tour operators battle for survival, conglomerate and investment firm, Fosun, plans to bring back the holiday company as an online travel agent, a year after its demise.
ALEX BRUMMER: Division over BT’s future
British Telecom chief exec Philip Jansen (pictured), after a dazzling career in private equity and at fintech firm Worldpay, is acutely aware that shareholder patience is stretched.
Schools re-opening tipped to kick-start a return to the office
Think tank the Centre for Economic and Business Research estimates 1.5m mothers and fathers have been working at home, mainly because of the need to look after school-age children.
SMALL CAP IDEAS: Blackbird sees the contracts flying in
This period of isolation has proved a remarkable leveller for the challenger, which was built for the sort of remote use that has been forced on the population at large.