The travel industry has today been plunged further into crisis as transport firms announced they have slashed capacity and routes due to a drop in demand. Budget airline easyJet axed bases in Stansted, Southend and Newcastle in a cost-cutting drive – as Ryanair grounded flight capacity by a fifth. Meanwhile Brittany Ferries, which run 12 ships … Read more
MINOR INVESTOR: Dividend cuts are still hitting the headlines, but could these shares bring back payouts? By Simon Lambert for Thisismoney.co.uk Published: 07:32 BST, 6 August 2020 | Updated: 07:32 BST, 6 August 2020 The stock market may have bounced off its lockdown lows but investors are still feeling the dividend pain from the coronavirus … Read more
Offshore gambling companies should be forced to have UK bases to stop the Treasury losing hundreds of millions in tax, report says Social Market Foundation think-tank called for gambling firms to be based in UK Report found more than half of remote gambling services are based in Gibraltar Gambling firms should be forced to provide … Read more
BAE Systems poised to rescue suppliers and other aerospace companies that are struggling because of the crisis in aviation industry The collapse in air travel has hammered many of the UK’s aerospace groups BAE said acquisitions were not the only option, and it was considering other ways to support suppliers By Francesca Washtell For The … Read more
Want to boost profits? Hire more women! Large companies with no female executive committee members ‘missed out on £47 billion last year’, research claims Research by The Pipeline found 15 per cent of major companies had no women in top roles Companies with no women on highest committees had net profit margin of 1.5% Percentage … Read more
The US stock market’s heavy concentration in a handful of stocks has raised concerns that falls in their share prices could plunge the wider market into a tailspin. Five tech giants – Amazon, Alphabet, Apple, Facebook and Microsoft – make up something between a fifth and a quarter of the leading US blue-chip index, the … Read more
Leading firms were urged yesterday to forgo millions of pounds in Government bonuses for putting furloughed staff back to work. Business leaders and MPs said that the public funds should be claimed only by companies in dire straits. Taylor Wimpey, Barratt Homes and Redrow said they will not be claiming payouts under the £9billion Job … Read more
Space technology and the rapidly growing 5G network could provide a helping hand to the logistics sector – but the UK Space Agency and ESA need your ideas. After the coronavirus pandemic put most the UK in lockdown, with many having to remain indoors, the ‘vitally important’ logistics sector was put in the spotlight. Now, … Read more
Meghan Markle is bizarrely listed as a DOCTOR on Companies House website after she and Prince Harry file applications to close down their Sussex Royal foundation Meghan was titled Dr The Duchess of Sussex, in what is thought to be a mistake Reference was removed from Companies House site and is being ‘looked into’ It … Read more
Companies will get a £1,000 cash bonus for every young person they hire as Rishi Sunak prepares to unveil a £111million boost for the traineeship scheme in ‘mini-budget’ Employers will be given a £1,000 cash bonus for every 16-24-year-old hired The cash is to be capped at 10 employees – or £10,000 First time firms … Read more