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Italian restaurant chain Carluccio’s has been sold to the owner of Giraffe and Ed’s Easy Diner, in a deal that will see more than 1,000 jobs lost as 40 restaurants are closed.
The government saw tax receipts tumble in April, research showed on Friday, as the lockdown brought large parts of the economy to a halt.
The government's mortgage payment holiday scheme has been extended for three months, it was announced on Friday.
Shares in Go-Ahead fell heavily on Friday, after the travel group warned that the Covid-19 outbreak and ongoing problems at its German rail franchise would hit full-year profits.
Public borrowing soared to an historic high in April, after the government brought in a raft of measures to support the economy during the Covid-19 pandemic, official data showed on Friday.
Canaccord Genuity has upped its price target on Begbies Traynor Group, arguing that a spike in insolvencies following the Covid-19 outbreak will boost earnings at the corporate restructuring specialist.
Insolvency specialist Begbies Traynor said it was well-placed to benefit from a spike in distressed companies following the Covid-19 outbreak.
UK manufacturing output slumped at a record pace in May, the CBI reported on Thursday, as the Covid-19 pandemic continued to batter the British economy.
Investec warned of a “challenging” year ahead on Thursday, as it reported full-year profits rocked by the Covid-19 crisis.
Ladbrokes-owner GVC Holdings is on course to receive a £200m windfall after the government decided not to appeal a key ruling over historic tax payments.
The UK's private sector struggled in May, a widely-watched survey published on Thursday found, as Covid-19 lockdown measures weighed heavily on the economy.
Berenberg has upgraded its rating on Greggs to ‘buy’ after the bakery chain started to tentatively reopen some of its stores.
Asda-owner Walmart reported a surge in first-quarter sales on Tuesday, after the Covid-19 pandemic bolstered demand.
Topps Tiles slid into the red in the first half of the year, the retailer said on Tuesday, after the Covid-19 pandemic shut stores and battered sales.
N Brown has secured a fresh £50m loan facility as sales continued to be buffeted by the Covid-19 pandemic, the online retailer announced on Tuesday.
The UK plans to impose tariffs on imported cars and a range of agricultural food items, but will slash them on a swathe of other goods, it was announced on Tuesday, as the government outlined its post-Brexit duty regime.
The UK competition watchdog has asked the government to consider bringing in emergency powers to help it successfully tackle profiteering during the Covid-19 pandemic.
German economic output will be “significantly” lower in the second quarter, the country’s central bank warned on Monday, despite the easing of some lockdown measures.
Japan’s economy has slid into recession for the first time since 2015, government data showed on Monday.
Household finances remained under severe pressure in May, a survey showed on Monday, as income from employment fell at the fastest rate on record.