Arcadia will halt the £2m monthly contributions which were agreed with The Pensions Regulator last summer to reduce a shortfall in the pension scheme.

Companies cutting dividends and laying off workers in a battle to survive the coronavirus crisis should not be handing millions of pounds to bosses.

Despite steady gains yesterday, the FTSE100 fell 24.8 per cent, or 1870.48 points, in the first three months of the year to end the first quarter at 5671.96. It was the biggest ever quarterly points fall.

A probe is now under way into the failure, which went unnoticed for more than a decade until discovered by our pensions columnist Steve Webb and This is Money.

It follows through on a threat from Sir Stelios, 53, who is Easyjet's biggest shareholder, to sack a director every seven weeks if the firm does not move to cancel its order of 107 aircraft from Airbus.

Crude rose to $30 a barrel after trading at 18-year lows for several days. During a brief spike prices jumped by 47 per cent - the highest gain ever recorded. However, oil is still well down on the year.

Steve Murrells is in charge of 60,000 staff and around 2,500 stores that are vital for keeping the nation's cupboards stocked, but his empire also includes pharmacies and the funeral care business.

The DVLA has released the list details of the personalised plate options it has removed from the market for being insulting, with the likes of M20 RON, A20 RSE and BS20 TRD all being pulled from sale.

From whether you can apply for Universal Credit if you're self-employed to whether you should apply for benefits or sick pay, Citizens Advice answers six of the most common benefits questions.

Register offices are closed for now because of the virus outbreak, so parents should add a note about this to their child benefit claim and submit it anyway, says HMRC.

We tend to put ambitious targets on our hoped-for income in retirement and then underestimate how much we will need to set aside to achieve that. So how much should you save?

Tim Foster is co-founder of The Yummy Pub company. He saw his business change overnight because of lockdown - but he has never been busier.

What happens to my pension if the insurance company has serious financial problems or goes bump? Our agony uncle Steve Webb explains what happens to pensions that are bought out by insurers.

Nearly a third of people in the UK have had to dip into their savings while a fifth have taken on debt, with the younger generations the worst hit, a new survey has showed.

It is still unclear how errors were made in so many cases. And our new cases reveal a scandalous level of incompetence by the DWP when people approach it for help on their own.

Serial entrepreneur, Natasha Courtney-Smith has launched free online classes for children who are keen to learn about starting their own businesses during the lockdown.

In recent weeks there has been a series of disagreements between firms forced to close due to coronavirus and the insurers refusing to pay out their business interruption claims.

The income is derived from premium-rate phone lines that cost 51 pence per minute to ring - or more than three times the 16p  standard.

Married women who retired on small state pensions before April 2016 should get an uplift to 60 per cent of their husband's payments once he reaches retirement age too.

RAF veteran Alan Fowler, 72, (pictured with his wife Lynda) has an annuity from Legal & General paying a pittance but it refused his pleas for a lump sum.

It's a bitter irony that the women contacting us about this are 70 and above, the age group most tragically afflicted and threatened by the coronovirus.

The '80s Fast Ford will be offered cosmetically dirty and with loose trim untouched to preserve its appearance after two decades of non-use.

Entrepreneur Andy Yates shares his tips for small businesses to adapt, innovate and come through the coronavirus crisis - and what some of the firms he is working with are doing.

Consumers will have had lots of time to mull over their prospective purchases. So, plenty to think about then, after Lexus took top honours in the latest Auto Express Driver Power poll.

Defi Du Seuil showed that if there is a vacancy to take over as king of the two-mile chase division he will be a contender with a length and a quarter win in the Shloer Chase at Cheltenham.

The seven-year-old, who won the Grade One Stayers' Hurdle at the Cheltenham Festival, runs for the first time this season in the Ladbrokes Long Distance Hurdle at Newbury on Friday.

Jockey Robbie Power made all the running on the Colin Tizzard-trained gelding to draw eight lengths clear of runner-up Ribble Valley. Master Debonair has shown improved form.

Envoi Allen has been cut to 5-4 favourite for the Ballymore Novices' Hurdle at the Cheltenham Festival after extending his unbeaten record to seven races.

Irish trainer Willie Mullins says Benie Des Dieux might be the best mare he has trained after she romped home in the Galmoy Hurdle at Gowran Park.

Henderson committed Shishkin to the Supreme Novices' Hurdle on the opening day of next month's Cheltenham Festival after he brushed aside proven performers on Thursday.

Trainer Willie Mullins suffered a triple blow on Friday when he had to rule Saldier, Douvan and Klassical Dream out of next month's Cheltenham Festival.

Solo is 3-1 favourite for the Triumph Hurdle after sweeping to a 13-length demolition job from Fujimoto Flyer in the Adonis Hurdle at Kempton for trainer Paul Nicholls and jockey Harry Cobden.

The killer coronavirus outbreak across the globe has lead to a host of sporting events being cancelled, postponed or placed in serious doubt with the Six Nations among impacted events.

Relegate will bid to earn both herself and trainer Colm Murphy a return to the Cheltenham Festival winner's enclosure when she lines up for the Pertemps Final next week.

This week will be big for Paul Townend. But whatever is thrown at him, the new No1 jockey for trainer Willie Mullins is confident he will take it in his stride.

EXCLUSIVE BY MATT HUGHES: ITV are in danger of losing the live rights to televise horse racing as the broadcaster are refusing to guarantee will be shown on their main channel.

The TOWIE star was the every inch the sophisticated lady when she arrived for the first day of the Cheltenham Festival on Tuesday alongside pal Vas J Morgan

Simply The Betts proved that it's simply the best on Thursday with victory in the Stable Plate at Cheltenham Festival. 

The Champions League and Europa League could be suspended as UEFA consider action to combat the spread of coronavirus after domestic football in Italy and Spain was shut.

SPECIAL REPORT BY KATE MCGREAVY: The Cheltenham Festival is in full swing. But what is all the fuss about? Sportsmail went behind the scenes to find out what makes the annual event so special.

SPORTS AGENDA: It would appear to have been a week of cock-ups by sporting authorities. UEFA sent out a tweet announcing that it would still be 'Euro 2020' next year, before backtracking. 

The racing event came under criticism at the time for allowing thousands of racegoers to huddle together, risking a spread of the virus. Over 250,000 people attended the Cheltenham Festival.

The Cheltenham Festival may feel like a lifetime ago but here SAM TURNER (Robin Goodfellow) has highlighted six horses which look likely to make an impact at next season's Festival.

Cheltenham Festival organisers have defended their decision to go ahead with the meeting after fears were raised that the mass gathering of people helped spread the coronavirus

NHS figures show the local hospital trust in Gloucestershire has had 125 patients die from COVID-19, nearly double the amount recorded in Bristol, 58, Swindon, 67, and Bath, 46.

I have had my Barclays accounts since 2014, when I was a student, before moving to Gibraltar. My balances of almost £25,000 have been wiped clean by the bank, without notice.

I am a partner in my family's farming business. We received a cheque for £23,256 for shares in Dairy Crest. But after it was deposited in the business account, Lloyds Bank rejected it.

My hotel wasn't as described but I was told as I paid through a third party on my credit card, I am not liable to claim a refund through the Section 75 rule.

My elderly relatives are still owed £2,000 for a cancelled order. The company promised every week for three months that a cheque would be sent, but still haven't paid up. Can you help?

I booked a free cancellation hotel on Hotels.com which said no deposit would be taken. However, money was taken from my account as 'pre-authorisation'. Is the website in the wrong?