The engineering group is thought to be looking to secure around £1.5billion in emergency funding by selling new shares. And it is also understood to be trying to sell its Spanish division, ITP Aero.
Chancellor Rishi Sunak raised the stamp duty threshold until March 31, meaning those who buy properties worth less than £500,000 before then will pay the Exchequer nothing.
The scandal-hit hospitals provider was forced into administration in April after a series of revelations about its finances, including that it had billions of pounds in secret debt.
Following reports over the weekend, the owner of Birmingham’s Bullring confirmed it was seeking a buyer for its half of European property business VIA Outlets, which could fetch £200m.
The travel company said it has ‘made every possible effort’ to avoid job losses ‘during these extraordinary and distressing times’. Owners John and Irene Hays said: ‘We are devastated.’
The insurer said coronavirus had triggered £175m of payouts in the first six months of 2020 – even though it has made the controversial decision not to hand money to thousands of companies.
Talks between Make UK and the Government are ongoing about setting up a national task force. It’s an excellent idea, and you have to ask why it is not up and running already.
For many visitors to the UK, shops such as Selfridges and Harrods are a quintessential part of Britain. But due to the pandemic the tourists who sustain the high end retail sector are gone.
AIM-listed Ergomed is already running trials in Italy for two possible Covid-19 treatments, but these are just part of the company’s growing presence in several critical healthcare segments.
The agent, which today posted a £9.4million operating loss, announced plans for a pilot to test a ‘hybrid system’ of a reduced flat fee plus commission.