Up to 270 jobs will be cut as part of the agreement which averts a ‘fire and rehire’ threat where contracts would have been scrapped and pilots handed new ones with worse conditions.
The findings from the Confederation of British Industry will bolster hopes of a so-called V-shaped recovery.
Lick Home aims to cash in as people working from home look to spend money – which may previously have been earmarked for holidays or going out on the town – on redecorating.
Gold mining veteran Peter Hambro has launched an emotional plea to private shareholders, urging them to intervene after the board of the company he created 26 years ago was ousted.
Economists say interest rates are likely to remain at 0.1 per cent when the Bank meets this week. But Bloomberg said markets are already beginning to price in a cut to negative.
The amount raised by Chester-based Wejo is among the largest secured by a British start-up through the Government’s Future Fund.
The mutter from the City gutter is that the secretive Patrick Drahi has set his sights on the division that maintains Britain’s telephone lines and internet cables.
The Birmingham Bullring owner was forced to close its shopping centres after the coronavirus lockdown and many on reopening have struggled to attract shoppers back.
City analysts said BP could cut or shelve its payout alongside the figures, which have been forecast to show a $6.8billion (£5.2billion) loss in the second quarter of this year.
‘The right thing might be to let the weak go to the wall.’ That’s what Ric Traynor thinks should happen to debt-ravaged businesses.