As the impact of Coronavirus engulfs the world economy, one of the leading aviation companies in the world, the British aero-engine maker Rolls-Royce Holdings is considering cutting up to 15% of its workforce, a source said
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21st Jun 2026 | Updated at 01:27am 21st Jun 2026
Former RAF pilot steers CAB through turbulent turnaround
A former Royal Air Force fighter pilot who once flew Tornado jets at supersonic speeds is now navigating a different kind of high-pressure environment: the financial markets.Neeraj Kapur, 60, chief executive of CAB Payments, is leading a turnaround...
Where is growth in the Budget?
Rachel Reeves and the government have missed a real opportunity to put our country on a growth trajectory in this Budget.
If coronavirous presence forces extension of lockown for a year, then Britain’s economy will contract by a fifth during 2020, a report by Capital Economics...
John Malone’s Liberty Global, which owns Virgin Media and a 10% stake in ITV, is reportedly in talks with Spanish telecoms giant Telefonica to combine their UK assets in a joint venture
The International Air Transport Association (IATA) predicts that European airlines will collectively lose $89bn (£72bn) in revenue
The big weekly shop has made a comeback with supermarkets reporting record trolley loads as Britons develop new lockdown routines
Tata Steel has approached the UK and Welsh governments for a bailout after its big European customers halted production
The UK administration is feeling the pressure for setting out an exit strategy as the economy is reeling under the stress of the coronavirus lockdown
British finance minister Rishi Sunak is preparing to offer 100% guarantees on loans to Britain’s smallest businesses after sustained pressure from Conservative...
Ministers are holding a series of high-level meetings with trade unions and business leaders amid fears that millions of people will be too fearful to return to work as pressure intensifies on the government to publish a path out of the national...
Bartenders, bagpipers, and other workers at The Trump Organisation are likely to be furloughed as US President Donald Trump’s family business is seeking...
