Though it is one of the largest lenders to small and medium-sized firms, it has only approved a tiny percentage of loans made under the Government's Coronavirus Business Interruption Loan Scheme.

The Investment Association said firms will need 'to take account of their individual circumstances particularly considering the impact on their stakeholders' when deciding executive pay.

Following a row over the cost of new planes, Haji-Ioannou is trying to oust chief executive Johan Lundgren and chairman John Barton at an extraordinary shareholder meeting on May 22.

The crash in oil prices could put 10 per cent of the sector's 300,000 workforce at risk and reduce new investment in the region to the lowest level since 2000.

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.

Coronavirus has wiped out demand and IAG believes it will take several years for air travel to recover to 2019 levels.

Firms are accusing each other of 'profiteering' from the pandemic. An estate agency in the Lake District sparked a debate after it said it had completed a viewing on a £1.25m home.

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

Dubai-based DP World says P&O needs the emergency cash to avoid collapse during the virus crisis.

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.

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.

Shareholders are to receive around a two-thirds cut in their dividend payments covering the last three months of 2019, from 47 cents per share to 16 cents.

Just days after British Airways warned of 12,000 job cuts, business only expect to recover slowly as workers and consumers stay home and social distancing measures are put in place.

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.

The pandemic could result in 257,000 fewer vehicles rolling off production lines this year, after output plunged by almost 38 per cent last month, an industry report predicted.

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.

The bank, led by chief exec Antonio Horta-Osori (pictured), which is the UK's biggest mortgage provider and one of the largest lenders to small businesses, has handed out just.

As the economic toll of lockdown starts to rear its ugly head, employment, new orders and output in the sector fell at the fastest pace for 28 years last month.

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.

RBS, which is changing its name to Natwest later this year, said the loss provisions dragged profit down by almost 50 per cent to £519m in the first three months of 2020.

The Cambridge-based software firm will create a 'strategy' title based on the hugely successful fantasy series that will be released on computer and game consoles such as Xbox and Playstation.

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.

The IHS Markit Manufacturing Purchasing Managers' Index gave a reading of 33.4 in April - significantly below the 50 mark which indicates activity was flat.

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.

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.

The Financial Reporting Council has found most accounting firms are failing to assess whether their audits of major companies are any good until after they have already published them.

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.

The group admitted that around 12,000 of its credit card customers, or 1.2 per cent, were already seriously in arrears by three months or more before the pandemic.

The US giant said it will reopen its Shanghai Disneyland park on May 11 but severely limit the number of guests and enforce strict social distancing measures on rides and in restaurants.

Chief executive Philip Jansen, who recently recovered from Covid-19, said a new target of full fibre to 20 million homes by the mid to late 2020s is now in place.

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.

Does it really make sense for pensioners who, directly or indirectly, rely on their income from dividends to have those incomes further cut by Bank of England diktat?

The anti-viral solution leaves a protective layer that bonds to the surface, creating a safer environment in shared spaces such as restaurants, bars and shops.

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.

Liberty Global and Telefonica - parent firms of Virgin Media and O2 respectively - said they had agreed a deal after announcing talks were under way on Monday.

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.

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..

As a nation in lockdown commemorated VE-Day, here is something to ponder. In the midst of the War, policymakers in Britain and around the world were deep in planning for the peace.

A global oil glut has forced Shell to cut its quarterly dividend by 66 per cent, a move that leaves millions of investors as well as savers in pensions and equity income funds suddenly poorer.

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.

Chancellor Rishi Sunak was forced to rethink the Government's original coronavirus Loan Scheme after thousands of small businesses warned they would go bust without quick access to cash.

The company's market value has rocketed 46 per cent this year to £13.1bn. The three rivals, in contrast, have all seen their share prices fall and are now worth less than £11bn put together.

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

Alexis Sanchez agreed to a new Arsenal contract before staging a last minute U-turn, according to the club's former transfer negotiator Dick Law.

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.

Alex Sanchez began his pre-season with Manchester United three weeks after his Chile side suffered defeat by Argentina in the Copa America third place play-off.

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.