Full List Of Stories
Diplomatic tensions between London and Beijing increased on Thursday after China threatened to retaliate if Britain granted residency to Hong Kong citizens looking to escape a draconian new national security law.
Associated British Foods said it expected a two-third slump in annual profits at its Primark unit as it felt the impact of closures during the coronavirus pandemic.
Pub group Mitchells & Butlers swung a to a first-half pre-tax loss as the coronavirus pandemic hurt revenue.
Travel food operator SSP Group said it was looking to slash 5,000 jobs in the UK as it dealt with the collapse in air travel due to the Covid-19 pandemic.
Supermarket chain Sainsbury’s reported an 8. 2% rise in first quarter like-for-like sales driven by groceries as Britons stocked up during the coronavirus lockdown.
UK banks were put on notice over overdraft pricing during the coronavirus crisis by the industry regulator on Wednesday, but escaped the threat of a full probe.
Germany reported a less-than-expected rise in June unemployment as the government’s short-time work scheme helped to offset the economic impact of the coronavirus pandemic.
Infrastructure company Kier said it was considering a cash raising to shield its balance sheet from the impact of the coronavirus pandemic.
John Laing said first half net asset value before deducting dividends was expected to show a single digit decline as investment activity was hampered by the coronavirus lockdown.
Housebuilder Redrow said annual profits would be “substantially” lower after scaling back its London operations and factoring in the impact of Covid-19.
Shell said it planned to write down the value of its assets by up to $22bn after lowering its outlook for oil and gas prices amid the Covid-19 pandemic.
The UK economy recorded its largest contraction in more than four decades, official figures revealed on Tuesday, as consumers cut spending in the first few days of the coronavirus lockdown.
Nearly two-thirds of small businesses have been hit by late or frozen payments during the coronavirus pandemic, the Federation of Small Businesses (FSB) said on Monday.
Economic sentiment in the euro zone continued to recover in June as momentum in May gained pace, according to data released by the European Commission on Monday.
Britain on Monday said it would sell another £50bn in bonds, taking debt issuance to record levels as the government looked to pay for its coronavirus pandemic response.
Meter-reading services firm Calisen said its Lowri Beck subsidiary expected to resume meter reading, non-essential smart meter installations and field services in July as Covid-19 lockdown measures eased.
Energean said it had agreed to exclude Edison E&P’s Norwegian subsidiary from its takeover deal, and cut capital expenditure guidance as oil companies wrestle with a slump in prices amid the coronavirus crisis.
Avon Rubber said it had received a $16. 3m mask order under its US Department of Defense M50 sustainment contract.
UK Finance Minister Rishi Sunak warned companies struggling from the impact of the coronavirus impact that any government-backed rescue would have to meet an "extraordinarily high" bar.
Struggling airline Virgin Australia has been sold to US private equity group Bain Capital by administrators after the coronavirus pandemic and associated travel restrictions hammered revenues.