Paracelsus Recovery said the rise in requests was mostly from high-flying businessmen who were struggling to adapt to their new style of life.

Treasury officials and the City watchdog expressed concern after it emerged a company is charging £500 upfront, then a percentage of the value of the loan if the application is successful.

Royal Mail is poised to benefit from the new reliance on web sales. Citigroup Analysts bestowed a rare double upgrade on the 504-year-old postal service, moving it from 'sell' to 'buy'.

James Benamor says Amigo was committing 'slow-motion suicide' by making 'irresponsible' loans and failing to alert shareholders to the potential cost of complaints.

Think-tank Reform is calling on Rishi Sunak, the Chancellor (pictured), to let businesses bring back employees on reduced hours but still receive some state support as lockdown is lifted.

Chief exec Steve Rowe (pictured) will still take his full £810,000 salary plus bonuses this year despite asking long-suffering savers and the taxpayer to prop up the ailing business.

Bosses at the company's owner, Barings Asia, are withholding the severance payment. Instead staff have been been told to apply for government handouts.

The group, which has scrapped its dividend for shareholders and furloughed 16,500 staff, saw its share price jump over 19 per cent earlier today.

While the group got off to a strong start this year, social distancing, Government lockdown interventions and economic uncertainty have started to take their toll.

It is thought that the brand, founded by make-up artist Charlotte Tilbury, 47, (pictured to the right of human rights lawyer Amal Clooney) could fetch more than £1bn.

Over the last 17 years Rolls (pictured) and his business partner, chief exec Tim Warrillow , have transformed the market for tonic waters - and created a stock market darling.

Glaxosmithkline, led by Emma Walmsley (pictured) and Astrazeneca both revealed a surge in first-quarter sales. Walmsley warned vaccines are not likely to become available for more than a year.

Amazon is expected to report profits of more than £7500 a second, meaning founder Jeff Bezos (pictured with girlfriend Lauren Sanchez) has added billions of dollars to his personal fortune.

Laxman Narasimhan, chief executive of Reckitt Benckiser, said sales of condoms had been hit in the UK and Italy - but not in China, where restrictions are being lifted.

Tesla's factory in Fremont, California, has been closed since March 24 as part of a government clampdown, requiring people to stay indoors to slow the spread of the coronavirus.

Stephen Lansdown found the company's stock was so sought after that, when he launched his latest sale of shares, he had to increase the amount up for grabs twice.

The billionaire, 48, made the comment yesterday in a string of tweets that also saw him reveal he was selling all of his possessions and demand that authorities give people back 'their freedom'.

The fast food business's 1,350 restaurants have been closed since the Government brought in lockdown measures in March due to concerns over staff and customer safety.

Sir Stelios Haji-Ioannou urged them to back his bid to oust four directors at a meeting on May 22 as he thinks the order is a waste of money with the balance sheet already under threat from coronavirus.

More than 300 listed companies have cut or cancelled payouts as they battle to survive. It is now feared that total dividend payments will fall from £98.5 billion last year to just £47.2 billion this year.

According to the FTSE All-World Index, which measures the performance of thousands of companies around the world, global stocks grew at their highest monthly level in nine years.

Sunweb is said to have initially offered customers a full refund by March 31 after Tomorrowland Winter at the French resort Alpe d'Huez, was called off because of the coronavirus.

In an indictment of the failure of the Government's original aid schemes to help many businesses, lenders received tens of thousands of applications for the new 'Bounce Back' loans within hours.

Carnival has been asked to give all the documents relating to the pandemic and its response to the House Committee on Transportation and Infrastructure.

The tie-up would transform the telecoms market overnight, creating a powerhouse to challenge former state monopoly BT.

Staff were asked to go into closed stores once a week and pack up stock so it could be sold online, but were told not to clock in, whistleblowers told the Guardian newspaper.

Virgin blamed the 'severe impact' of coronavirus, which has prompted travel restrictions and forced airlines to ground fleets, and it comes just days after BA said it could also leave.

Serial investor Vin Murria, an adviser at Hgcapital, bought 13.25 per cent of the AIM-listed company's shares on April 30, according to a stock market announcement yesterday.

Vue boss Tim Richards is 'hopeful' that venues can be open in time for the release date of Nolan's new film, Tenet (starring John David Washington and Robert Pattinson, pictured) on July 17.

The Lloyd's of London insurer was a top FTSE 250 riser after placing the 57.6m shares, priced at 650p. This was 6 per cent cheaper than its share price the day before the fundraising launched.

FTSE 100 closed up 1.4 per cent or 82.22 points at 5,935.98 and the pound was at $1.23 against the dollar.

The FTSE-listed group will struggle after the number of hours its engines spent flying in April fell by 90 per cent. Across the first four months of the year, flying hours dropped 40 per cent.

The products and services provided by the big tech firms are deeply embedded in the lives of individuals and the business practices of companies.

What does the terrible economic data tell us about what shape the recovery will have? And is it too late for too many companies?

The electric car maker has clocked up a six-month period with an average market capitalisation of $100bn (£81bn), the main requirement for Musk to receive the first payout under a reward scheme.

Bank of England governor Andrew Bailey (pictured) has put pressure on banks to ramp up lending as the central bank predicted the economy would shrink by 30 per cent in the first half of the year.

Under chief exec Charles Woodburn, 49, BAE Systems is fighting a very different war against the deadly coronavirus and is turning its formidable engineering expertise to helping the NHS.

From temperature tests on arrival to face masks and two-metre distancing, this is the first glimpse of how manufacturing in Britain could look in the wake of the lockdown.

Chief exec Philip Jansen (pictured) said the company now aims to offer fibre to 4.5m homes and businesses by next March and 20m by the mid to late-2020s, up from a previous target of 15m..

By unhappy coincidence, the anniversary of the most rapturous day in British history, victory in the war against Nazi evil, comes amid a dismal historic message from the Bank of England.

Cutifani will be given the 226,879 shares in 2025 if he and the firm hit targets. The Australian, 61, has led the FTSE 100-listed miner, which bought Sirius Minerals this year, since 2013.

Manchester United forward Alexis Sanchez limped off with an apparent hamstring injury during Chile's Copa America defeat to Argentina on Saturday night.

CHRIS WHEELER IN PERTH: In a wide-ranging interview, the Manchester United manager discusses Paul Pogba, Alexis Sanchez and the problem of 'spoon feeding' modern-day footballers.

CHRIS WHEELER IN PERTH: Pogba and his agent Mino Raiola have made no secret of his desire to leave, but Solskjaer believes he can motivate United's record signing to be a key player.

JOE BERNSTEIN: With world-class players at a premium, the news that David De Gea is set to sign a new contract at Old Trafford gives Ole Gunnar Solskjaer a massive boost during a difficult period.

A year ago, Alexis Sanchez was the star attraction on Manchester United's tour of the United States. Now, he returns for pre-season training needing to salvage his Old Trafford career.

The Chilean international, who is currently nursing a hamstring injury, returned to his car in Wilmslow after taking a train from London, only to discover that a parking warden had paid it a visit.

With Manchester United's pre-season in full flow, Romelu Lukaku and Alexis Sanchez have been enjoying their time away from the preparations as they shared a laugh at Carrington.

United failed to replace Lukaku before Thursday's transfer deadline, but Solskjaer believes his departure will benefit Mason Greenwood and the more fluid forward line he wants in his team.

The Chilean winger has struggled to make in impact since arriving at Old Trafford from Arsenal in 2018, and was given an extended break during pre-season after the Copa America.