The government pleaded with Britons today to stop panic-buying and consider more vulnerable people in the coronavirus emergency. Environment Secretary George Eustice said there is ‘more than enough food to go around’ but said greedy shoppers are leaving people, including frontline NHS staff, with empty trolleys. Speaking from Downing Street this afternoon, he said: ‘There … Read more
Superdry boss warns company is facing a ‘fluid and uncertain’ situation after closing 78 stores across Europe By Daily Mail City & Finance Reporter Published: 23:36 GMT, 18 March 2020 | Updated: 23:36 GMT, 18 March 2020 Superdry is facing a ‘fluid and uncertain’ situation, its boss has warned, after closing 78 stores across Europe … Read more
Boss of High Street retailer The Works to steps down after shock profit warning sends shares tumbling By Daily Mail City & Finance Reporter Published: 21:50 GMT, 16 January 2020 | Updated: 21:50 GMT, 16 January 2020 The Works chief exec Kevin Keaney (pictured) will be replaced by chief financial officer Gavin Peck The Works’ … Read more
Businesses fear they are on the brink as a restaurant boss begs his diners to keep eating out after takings plummeted 75 per cent and bookmakers warn of lost profits thanks to sports ban. Simon Wood – who won the competition in 2015 – says he’s already noticing how hard the crisis is hitting the … Read more
Struggling education publisher Pearson offloads Penguin stake as boss John Fallon bows out Pearson has struck a £530million deal to sell its stake in Penguin Random House The deal values book publisher Penguin Random House at around £2.8billion. John Fallon will step down as boss in 2020 once a successor has been named By This Is … Read more
Robin Hayes is coming to London from the US – and he’s bringing his $8billion low-cost airline with him. The chief executive of America’s sixth largest carrier, JetBlue – currently being violently buffeted along with rivals by the impact of the coronavirus crisis – already has a production line of Airbus 321LR aircraft fired up … Read more
America’s hospitals will be overrun with coronavirus patients in just eight days and face months of strain, according to Obama’s former Medicare boss. Andy Slavitt, former Acting Administrator of the Centers for Medicare and Medicaid Services, issued the dire warning on Twitter on Saturday along with a string of advice for the public, governments and health … Read more
December’s operation targeted the ‘Ndrangheta families based in the southern Italian city of Locri in the Calabria region – the rural, mountainous and under-developed ‘toe’ of Italy’s boot and the heartland of the worldwide crime group. Despite intense police attention and frequent arrests, the ‘Ndrangheta – which derives its meaning from the Greek word for … Read more
2020 OLYMPIC GAMES In doubt The scale of the outbreak in Japan saw senior International Olympic Committee member Dick Pound describe the disease as ‘the new war’ threatening Tokyo 2020 and he warned the Games may have to be cancelled if the virus was still around by May. Olympic organisers told athletes to train as normal … Read more
IN THE MONEY: AstraZeneca boss Pascal Soriot to get £7m in shares if he hits his targets By Daily Mail City & Finance Reporter Published: 22:44 GMT, 10 March 2020 | Updated: 22:44 GMT, 10 March 2020 Astrazeneca boss Pascal Soriot has been granted more than £7million worth of shares. The 60-year-old, who has been … Read more