Daily Mail Business Articles

Sources said Lloyds, HSBC, Barclays and NatWest are discussing plans to shut up to 400 of their remaining 3,923 branches after profits were crushed by the pandemic.

The key target for those abusing the system is the near-£5billion of reliefs granted to businesses. The Government has expanded support for companies through rate reliefs during Covid crisis.

It will show soaring profits as shares hit new highs with many businesses continuing to use the software while staff work remotely.

Sir Roger De Haan will inject £100million of his own money for a 20 per cent shareholding in the business and a role as a chairman, Sky News reported.

Top holdings include tonic firm Fevertree, US tech firm Verisk Analytics, online estate agent Rightmove and Domino’s Pizza.

KKR is said to be monitoring developments at the troubled telecoms company, which has seen its share price almost half this year, and is now valued at just £10.4billion.

Andrew Bailey said the central bank would act ‘decisively’ to pump more money into the economy if needed.

No one could but be impressed with the august line-up of advisers guiding the online beauty and well-being firm The Hut Group to the market.

The Hut Group has been accused of ‘awful’ corporate governance standards ahead of its blockbuster listing.

Investment bankers are set to reap bumper fees this year despite the coronavirus slump as they work on a series of emergency fundraisings, takeovers and stock market listings.