Turnaround specialist Melrose Industries was a steady riser on the FTSE 100 leaderboard as investors cheered a bullish update. Aggressive cost-cutting and a rebound in demand for car parts has helped steady the ship after a tumultuous start to the year. Melrose, which bought prestigious engineer GKN in 2018, was hit harder by Covid than … Read more
Boss of Britain’s biggest casino complex warns 10pm curfew will be ‘disastrous’ for night-time industries By Harriet Dennys, Financial Mail On Sunday Published: 21:53 BST, 19 September 2020 | Updated: 21:53 BST, 19 September 2020 The boss of Britain’s biggest casino complex has warned that a 10pm curfew would be ‘disastrous’ for night-time industries. Simon … Read more
Hundreds of thousands of UK jobs could be axed within weeks because of coronavirus. Airlines, hotels and restaurants say they will have no choice but to cull staff and reduce working hours. Up to 50million jobs could be lost globally because of the pandemic, according to the World Travel and Tourism Council. Alex Cruz, the … Read more