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Full List Of Stories
26 May
ep el cantante ed sheeran
Warner Music launches IPO valuing group at up to $13.3bn

Warner Music has relaunched its shelved initial public offering in a test of the market's confidence after the Covid-19 crisis caused share prices to plunge.

26 May
metro bank mascot
Metro Bank chair warns on rising bad debts

Metro Bank's chairman has warned shareholders to expect a significant rise in bad debts during the economic slowdown caused by the Covid-19 pandemic.

26 May
ep logotipo de mclaren
McLaren to cut 1,200 jobs after supercar sales dry up

McLaren Group is to cut more than a quarter of its workforce as the company tries to raise new debt after sales of its supercars dried up in the Covid-19 crisis, according to a report.

26 May
high streets wood green retail capital regional
Retail sales fall at near-record pace - CBI

Retail sales fell at a near record pace in May as the sector was hit by a second month of the Covid-19 lockdown that closed all but essential stores, a Confederation of British Industry survey showed.

26 May
bank of england andy haldane
BoE's Haldane says negative rates not remotely close

The Bank of England's chief economist has said the central bank is not remotely close to a decision on adopting negative interest rates in the latest tweak to the BoE's guidance on the subject.

26 May
Stobart, transportation
FRC probes KPMG and PwC's Eddie Stobart audits

The UK's accounting regulator is investigating KPMG and PwC's audits of Eddie Stobart Logistics, the company that was hit by an accounting fiasco in 2019.

26 May
mark tucker hsbc
HSBC board seeks deeper cuts in new revamp push - report

HSBC's board is seeking deeper cuts than the 35,000 job reductions already announced after deciding the Covid-19 crisis requires more radical measures, according to a report.

26 May
micro focus
Micro Focus to repay $150m of debt after scrapping dividend

Micro Focus International said it would use $150m (£123m) of cash reserves to pay off debt after cancelling its final dividend for 2019.

26 May
touristes-asiatiques-a-paris-devant-la-tour-eiffel
Germany wants to lift tourist travel warning — report

The German government intends to lift a travel warning for tourist visits to 31 European countries from mid-June if the Covid-19 situation allows, according to reports.

26 May
scs
ScS reopens 80 English branches

ScS has reopened 80 of its stores in England but its branches in Wales and Scotland have stayed closed in line with government guidance.

26 May
softcat
Softcat revenue and profit rise in third quarter

Softcat said revenue and profit rose in its third quarter and that its business was proving resilient during the Covid-19 crisis.

26 May
easyjetvirgin
EasyJet CFO Findlay quits after founder fails to unseat him

EasyJet Chief Financial Officer Andrew Findlay has resigned just days after the airline's founder Stelios Haji-Ioannnou failed to remove him and three other leading board members.