Amigo Holdings (AMGO) founder attacks lender’s ‘slow motion suicide’. Shares and bonds dive after James Benamor says regulators and management ruined the company. | |
ITV (ITV) advertising revenue hurt by coronavirus. Broadcaster warns disease has halted travel companies’ spending on marketing. | |
John Lewis cuts staff bonus to lowest level since 1953. Sharon White begins a strategy that could take 5 years to generate results. | |
Admiral Group (ADM) chief and co-founder to leave the insurance group. David Stevens to be replaced by UK and Europe head Milena Mondini de Focatiis. | |
Capita (CPI)’s shares hit as investors worry over restructuring. Chief Jon Lewis admits outsourcer has ‘more to do and requires more investment’ than expected |
Struggling shopping centre owner Intu Properties (INTU) abandons £1bn cash call. Group says there is risk it could breach certain bank covenants when they are tested in July. | |
Jaguar Land Rover to shut Merseyside plant for 10 days. Carmaker also altering schedules at Castle Bromwich and Solihull due to weak sales. | |
Metro Bank (MTRO) ousts risk officer a fortnight after he joined ailing lender. Grahame McGirr told to leave just days before his formal takeover of role | |
Centrica (CNA)‘s British Gas and VW unveil three-year electric vehicle deal. Engineers to install fastest home car-charger available in exclusive one-stop package | |
Flybe Group (FLYB) on brink of collapse as coronavirus outbreak takes toll. Covid-19 hits demand for air travel and government stalls over £100m loan |
Flybe Group (FLYB)‘s request for £100m state loan set to be rejected. Airline’s management pins hopes on cut to air passenger duty to help business survive. | |
Losses soar at SoftBank-backed Improbable Worlds. Tech company still awaits first hit game to be developed on its simulation platform. | |
New business surges at Legal & General Group (LGEN) Investment Management. UK’s largest asset manager boosted by mandate from world’s biggest pension fund | |
Bailey insists BoE will move quickly on coronavirus. Incoming governor forced to defend record at City watchdog in front of MPs |
Lindt warns of chocolate price rises. The Swiss chocolate maker sources as much as 80pc of its cocoa from Ghana which is charging a premium on cocoa shipments. | |
SoftBank-backed Improbable warns of lack of ‘self-sustaining profitability’ after £39m loss. The UK technology company is trying to build matrix-like simulations for video games and industry. | |
Flybe Group (FLYB) rescue in the balance with ministers poised to reject £100m loan. The future of 2,000 staff and more than 1,300 pensioners is looking increasingly bleak. |
The Chinese online giant Alibaba has taken a minority stake in Klarna, the rapidly growing “buy now, pay later” business in a move that will further boost the Swedish group’s $5.5 billion (£4.3 billion) valuation. | |
Intu Properties (INTU), one of Britain’s largest shopping centre owners, has abandoned plans for an emergency fundraising to reduce its £4.7 billion debt pile. | |
Braemar Shipping Services (BMS) said that the prolonged disruption triggered by the coronavirus outbreak, which has shut down factories across China and strained production lines across the world, was likely to knock its sales. |
New chief scraps plans to split company. Analysts had widely expected the company to spin off its hygiene and home business. | |
Serco Group (SRP) is getting back on its feet and profits are gaining momentum. A first dividend from the firm since 2014 and improvements in margins suggest that investors can afford to be patient. | |
Brexit backer Arron Banks to launch a coup at iodine maker Iofina (IOF). Mr Banks believes Iofina is well-positioned to take advantage of the coronavirus crisis given iodine’s use as a disinfectant. | |
Google has betrayed its ‘don’t be evil’ motto, says the former executive. Ross LaJeunesse quit as Alphabet’s head of international relations last year, disenchanted by changes to its core values. |