Rolls Royce ‘is to cut up to 8,000 jobs’ as coronavirus crisis hits income from air industry in impact that ‘could be worse than 9/11’ Aero-engine maker Rolls-Royce Holdings could cut up to 15% of its workforce A source told Reuters it is not finalised and there is still negotiation to be done In April … Read more
Pandemic set to cost car industry more than £8bn – even if factories reopen in just two weeks By James Salmon for the Daily Mail Published: 22:00 BST, 30 April 2020 | Updated: 22:27 BST, 30 April 2020 The Covid-19 crisis is set to cost the British car industry more than £8billion – even if … Read more
There was a 37.6 per cent slump in UK car production last month, the first set of figures showing the devastating initial impact the coronavirus pandemic has had on the industry. With many vehicle makers closing factories near the end of the month in the wake of the Covid-19 pandemic, just 78,767 vehicles were made … Read more
Aerospace industry is facing its ‘gravest ever crisis’, says Airbus boss as arch-rival Boeing axes 15,000 jobs By James Salmon for the Daily Mail Published: 21:50 BST, 29 April 2020 | Updated: 22:04 BST, 29 April 2020 Plane manufacturer Airbus described the Covid-19 pandemic as the ‘gravest crisis the aerospace industry has ever known’ as … Read more
Britain’s airline industry urging Government to extend £40bn wage subsidy scheme as it warns of a ‘cash crisis’ By Daily Mail City & Finance Reporter Published: 21:55 BST, 26 April 2020 | Updated: 21:55 BST, 26 April 2020 Britain’s airline industry is urging the Government to extend the £40 billion wage subsidy scheme as it … Read more
Property market to bounce back in 2020 as shape of Brexit becomes clearer, industry bosses predict By Daily Mail City & Finance Reporter Published: 21:50 BST, 13 January 2020 | Updated: 21:50 BST, 13 January 2020 Property bosses have predicted the market will bounce back this year as the shape of Britain’s exit from the … Read more
Construction sites will be allowed to stay open late and during weekends in a proposed move by ministers to help firms get back to work and avoid worsening impact wreaked by the coronavirus outbreak on the economy. A proposed temporary override of measures that typically prohibit building work being undertaken at night or on Sundays … Read more
Law & Order: SVU star Stephanie March is stepping up to help out two groups who have been majorly impacted by the coronavirus crisis. The 45-year-old actress has joined forces with her friend, photographer Melanie Dunea, on a new initiative that benefits both the ailing restaurant industry as well as those on the front lines … Read more
JANE FRYER: By the time he was 23, Ronan O’Rahilly had fled his native Ireland for London, was running a successful club in Soho, The Scene and set up a record label.
The news industry has joined forces with advertisers and tech companies in calls to stop the ‘overzealous use of keyword blocking’ and allow adverts to appear next to coronavirus articles. Industry bodies have come together to support the message by the Department for Digital, Culture, Media and Sport (DCMS) by urging firms to end ‘ad-blocking’ on online … Read more