Daily Mail Business Articles

The cheap fashion group beat its sales expectations in the last quarter amid ‘reassuring and encouraging’ signs that shoppers still have an appetite for inexpensive fast fashion.

Shareholders will receive £873m in payouts, according to estimates from Link Group. This is down 34 per cent from a record 2019, when junior market investors were given £1.33billion.

The Government’s abject failure to get the planes flying again is devastating for our aerospace manufacturing industry and will kybosh ambitions to be an open, free-trading economy post-Brexit.

Barclays has limited loans to just 4.49 times someone’s income – down from five-and-a-half times previously. NatWest also quietly reduced the amount some customers can borrow.

In an early sign that the economy is rebounding, in the middle of July spending even surpassed the same period of last year by 5 per cent. Much of the money spent still revolved around the home.

A poll of more than 500 small companies by insurance group Simply Business found 17 per cent believe they would have to stop trading in that scenario.

City sources said Eight Roads Ventures – a private equity fund backed by Fidelity – is working with advisers from William Blair on a potential sale of Optegra.

Deltic Group, Britain’s biggest nightclub operator, has launched a consultation to slash 402 roles ahead of crisis talks with the Government on Monday.

Morrisons will cut prices by an average of 23 per cent on 400 products, including fruit and vegetables, meat, poultry, bread, breakfast cereal, rice, toilet rolls and cleaning products.

Mark Gifford said that he was lobbying Whitehall at ‘every single level’ to head off a town centre crisis that would be likely to see swathes of the West End of London and other major cities boarded up.