Bentley axes 1,000 jobs – a quarter of its workforce – as UK car industry feels pain of Covid-19 lockdown By Daily Mail City & Finance Reporter Published: 21:50 BST, 5 June 2020 | Updated: 21:50 BST, 5 June 2020 Bentley is cutting a quarter of its workforce – taking job losses in the car … Read more
Valuable stone axes discovered at a 6,000-year old hilltop burial site in Germany suggest Neolithic societies were not as egalitarian as previously thought The two rare weapons were found at a tumulus site west of Frankfurt in the 1880s Experts have linked them to a burial mound recently found at the neolithic site The presence of … Read more
Air France permanently axes its A380 fleet with immediate effect – and Emirates is set to reduce remaining superjumbo deliveries Air France initially scheduled the phase-out of the A380 for the end of 2022 It said that the coronavirus crisis accelerated its phase-out plans The carrier was the first European airline to operate the superjumbo … Read more
Foxtel AXES Channel V and ’70 staff members lose their jobs’… as Osher Günsberg reflects on launching his TV career at the station 21 years ago as ‘Andrew G’ By Joshua Fox For Daily Mail Australia Published: 23:13 BST, 4 May 2020 | Updated: 06:15 BST, 5 May 2020 Foxtel have axed Channel [V], Max and … Read more
Further gloom descended on airline stocks after Ryanair said it could cut up to 3,000 jobs. The Irish budget carrier will kick off a restructuring programme in a bid to survive the coronavirus crisis that could also include staff taking unpaid leave, slashing salaries by 20 per cent and temporarily closing bases at certain airports. The … Read more
Edinburgh-based aviation services firm John Menzies has announced it is axing 17,500 jobs globally as a result of the coronavirus pandemic. The outbreak has had a catastrophic impact on the airline, travel and hospitality sector and for companies like John Menzies, which provides ground handling, fuelling and cargo handling services for airlines all around the … Read more
High-flying Rightmove dragged down to earth by the property market freeze as it scraps its dividend and forecasts People have been told not to move and agents instructed not to market homes FTSE 100 group has ‘suspended’ all its financial forecasts for the year Online property portal has also axed its 4.4p a share final … Read more
Persimmon starts ‘orderly shutdown’ of its construction sites, bans most face-to-face meetings with homeowners and axes a dividend Housebuilder warns it faces a ‘material slowdown’ in new sales Interim dividend for shareholders in axed, but final dividend is postponed Sales sites shut from Thursday and face-to-face contact with customers cut By Jane Denton For Thisismoney … Read more
Savers looking for monthly pocket money have been dealt a blow by the news one of the nation’s largest building societies will no longer pay monthly interest on its fixed-rate bonds. Yorkshire Building Society previously offered monthly interest payments to savers who held its one, two and three-year fixed-rate bonds and Isas, but now only … Read more