Because of the strain put on company finances by the pandemic, the EY Item Club said business lending was set to grow by 14.4 per cent this year.
Daily Mail Business Articles
RUTH SUNDERLAND: Working from home warriors must wise up
We may come to look back on the sunny days of lockdown, of high-class problems like plotting the best work-life balance, as the phoney war before the real economic bombs drop.
Economy to be declared in recession due to coronavirus
When second-quarter GDP figures are published, it is expected to mark the first time since the financial crisis that they will show two successive quarters of decline – the definition of a technical recession.
Aerospace bosses in £1bn fund to prop up suppliers
The fund would help small companies that have been left crippled by collapsing demand for aircraft and parts, amid restrictions on flying, which has left many planes unused.
Franco Manca chief claims there are too many places to eat
Former Pizza Express boss David Page has built his career on the boom in people eating out – but now he says Britain has too many restaurants.
MIDAS SHARE TIPS: The Dogs of the Footsie 2020
In the past six months, half of the FTSE 100 index of Britain’s biggest listed companies have cut their dividends on a whim. Even so, there are still plenty of high-yielding stocks in the FTSE 100.
Union baron prepares for bitter BA strike battle
More than 6,000 BA employees have applied for voluntary redundancy so far, with thousands more braced for enforced job losses.
Murdoch Jr ploughs into green farming company AppHarvest
James Murdoch – youngest son of tycoon Rupert – is among a group of investors who have ploughed almost £22million into sustainable American agriculture firm AppHarvest.
Mike Ashley eyes up 30 Debenhams stores
City sources said House of Fraser owner Mike Ashley has discussed the matter with senior staff and could make a public statement to clarify the situation as soon as this week.
Oxford Street ‘will be boarded up in a year if nothing is done’
New figures show that the number of visitors to the West End – which includes Oxford Street, Regent Street and Bond Street -was down a scary 72 per cent last month compared with July 2019.