Airbus jobs at risk and shake-up looms as 3,200 furloughed

Airbus warns staff it is ‘bleeding cash’: Jobs at risk and shake-up looms as 3,200 furloughed By Francesca Washtell For The Daily Mail Published: 22:15 BST, 27 April 2020 | Updated: 22:15 BST, 27 April 2020 Thousands of UK jobs could be at risk after Airbus warned it is ‘bleeding cash’ and may not survive … Read more

‘Dogfight’ looms as landlords start suing restaurants over unpaid rent

‘Dogfight’ looms as landlords start suing restaurants over unpaid rent By Harriet Dennys, Financial Mail On Sunday Published: 21:56 BST, 4 April 2020 | Updated: 23:11 BST, 4 April 2020 Some of Britain’s biggest landlords have called in lawyers to claw back the rent that shops and restaurants have refused to pay during the lockdown, … Read more

High Street faces Doomsday: Disaster looms for shops, pubs and restaurants

Thousands of shops, pubs and restaurants face going bust after the Prime Minister’s coronavirus crackdown on socialising last night. Boris Johnson urged the public to ‘avoid pubs, clubs, theatres and other such social venues’, saying ‘now is the time for everyone to stop non-essential contact with others’. The guidelines mean the income of thousands of … Read more

Coronavirus recession looms as $120BILLION is wiped off the ASX and Dollar hits 10 year lows

At least $120billion has been wiped from Australian shares as a dive in crude oil prices sparked more coronavirus panic and a major bank predicted a recession. The benchmark S&P/ASX200 plunged 6.24 per cent by lunchtime as the Australian dollar fell to its weakest level in 11 years – or since the Global Financial Crisis.  … Read more

Savers face more misery as interest rate cut looms

Savers face more misery as interest rate cut looms… but mortgages could get EVEN cheaper By Hugo Duncan for the Daily Mail Published: 21:52 GMT, 15 January 2020 | Updated: 21:52 GMT, 15 January 2020 Long-suffering savers are braced for a further hit to their nest eggs as pressure mounts on the Bank of England … Read more