The chancellor Rishi Sunak is offering employers a £1,000 grant for every furloughed employee they keep on when the job retention scheme winds down at the end of October.
Daily Mail Business Articles
Can BA fly high again? Airline burning through £20m of cash every day
Parent company IAG made a £3.8bn loss in the first half of this year. It is trying to raise just under £2.5bn of capital from shareholders including Qatar Airways, which owns 25 per cent.
Big increase in tax evasion whistleblowers: Number of tip offs up 10%
Accounting group UHY Hacker Young, which compiled the data, said the rise was partly down to tax evasion increasingly being seen as unacceptable behaviour.
Bank of Mum and Dad gets busy raising deposits for young home buyers
A survey by insurance giant Legal & General and the Centre for Economics and Business Research has found almost one in four purchases this year will be backed by parents, family and friends.
ALEX BRUMMER: Woodford victims braced for another paltry payout
Former investors in Neil Woodford’s LF Equity Income Fund will shortly receive notification that a third wind-up payment has arrived or will soon be credited to their bank or investment account.
Lockdown bloom time at Freddie’s Flowers as customer numbers surge 73%
The flower delivery company’s founder Freddie Garland (pictured) said customers had bought flowers more often and that the average order rate grew by 25 per cent compared with last year.
Renting is on the rise among senior citizens
Specialist senior living properties to rent are set to jump by 160 per cent over five years, according to property consultancy Knight Frank. Lockdown is thought to have accelerated the trend.
ALEX BRUMMER: Easy money could help Donald Trump
The reality is that the US economic fallout from coronavirus, as bad as it has been, is not out of line with the other Western democracies. Historically ‘pocket book’ issues settle American elections.
Barclays boss Jes Staley facing fresh calls to resign
Authorities in the US Virgin Islands have ordered JP Morgan, Staley’s former employer, to hand over the banker’s communications with paedophile Epstein.
ITV set to tumble out of FTSE 100 on its 65th birthday
The broadcaster has seen an unprecedented slump in advertising during the pandemic, pushing its shares down by 60 per cent this year, meaning it will probably slip out of the FTSE 100.