Legal & General told to axe dividend over £10bn bond ‘loss’

Legal & General under pressure to suspend dividend amid estimates it is sitting on £10bn of bond market losses By Daily Mail City & Finance Reporter Published: 22:10 BST, 18 May 2020 | Updated: 22:10 BST, 18 May 2020 Legal & General has come under renewed pressure to suspend its dividend amid estimates it is … Read more

Bosses deny BBC Four is facing the axe as presenters plea to save it

Bosses deny BBC Four faces the axe amid reports corporation is planning to reassign some of its £44million programme budget to youth channel BBC Three Despite the financial outlay, the highbrow channel attracts just 2% of all viewers With the average viewer aged 64, the BBC wants to win over a younger audience Presenters rally … Read more

BBC Four facing the axe as bosses look to move some of its £44m budget to youth channel BBC Three 

BBC Four is facing the axe as corporation prepares to reassign some of its £44million programme budget to youth channel BBC Three Despite the financial outlay, the highbrow channel attracts just 2% of all viewers With the average viewer aged 64, the BBC wants to win over a younger audience Presenters rally to try and … Read more

Aircraft maker Airbus and tour operator Tui reveal plans to axe staff

Travel lockdown triggers another 18,000 job cuts: Aircraft maker Airbus and tour operator Tui reveal plans to axe staff By Tom Witherow and Hugo Duncan for the Daily Mail Published: 21:50 BST, 13 May 2020 | Updated: 21:50 BST, 13 May 2020 Airbus and Tui are set to slash thousands of jobs as planes around … Read more

Theme parks could axe queues to meet Covid-19 safety standards

Theme parks could axe queues amid plans to let customers book timeslots to meet Covid-19 safety standards Tech firm Accesso is developing a system to allow visitors to book ‘digital tickets’ Physical lining up is to be replaced by virtual queues Accesso’s clients include Thorpe Park and Merlin Entertainments By Harriet Dennys For Financial Mail On … Read more

BT takes axe to dividend: No annual payout for first time since 1984 

Now BT takes the axe to its dividend: Shareholders will get no annual payout for first time since 1984 privatisation By Matt Oliver For The Daily Mail Published: 21:50 BST, 7 May 2020 | Updated: 09:32 BST, 8 May 2020 BT will pay no annual dividend for first time since its privatisation in 1984, in … Read more

Virgin Atlantic to axe 3,000 jobs and cease operations at Gatwick Airport

Virgin Atlantic to axe 3,000 jobs and cease operations at Gatwick Airport as it battles for survival amid coronavirus crisis Virgin Atlantic – owned by Sir Richard Branson – will axe a third of its workforce The airline will also cease operations at Britain’s second largest airpot, Gatwick It is being reported that staff and … Read more

Channel Nine’s 60 Minutes ‘facing the axe to save $20million budget’

Channel Nine’s 60 Minutes ‘facing the axe to save $20million yearly budget – with reporters such as Liz Hayes on $500,000 salaries’ By Joshua Fox For Daily Mail Australia Published: 03:27 BST, 3 May 2020 | Updated: 03:27 BST, 3 May 2020 Channel Nine’s 60 Minutes may be the next TV program to suffer amid … Read more

British Airways braced for legal battle on axe for 1 in 4 pilots

British Airways heading for legal battle with union officials over plans to make a quarter of its pilots redundant By Harriet Dennys, Financial Mail On Sunday Published: 21:58 BST, 2 May 2020 | Updated: 21:58 BST, 2 May 2020 British Airways is heading for a legal battle with union officials over plans to make a … Read more