b

Game of Thrones actor joins Asda Belfast Shore Road as home delivery driver 

Game of Thrones actor Michael Condron has taking up a job as an Asda delivery driver at Northern Ireleand's Belfast Shore Road store, after acting projects were cancelled due to coronavirus.




b

Social media users get creative in a new challenge that involves making dresses from shopping bags 

People from across the world have taken to Instagram with creative snaps of outfits they've made using shopping bags as part of a new viral challenge.




b

Banks urged to ramp up lending as just 12,000 small firms get loans

Thousands of firms are finding it near-impossible to access cash under the Government's vital Coronavirus Business Interruption Loans Scheme (CBILS).




b

Household finances drastically hit by the coronavirus lockdown

The IHS Markit UK Household Finance Index, which measures households' perceptions of their financial wellbeing, plummeted to a reading of 34.9 in April from 42.5 in March.




b

Ousted John Lewis bosses given £1m each

Paula Nickolds (pictured), the former MD of John Lewis's stores, received £940,000 while Rob Collins, former MD of Waitrose, was handed £890,000.




b

The great oil price crash: Brent crude benchmark hits 21-year low in wake of drastic US slump 

Brent crude, which is extracted from the North Sea and serves as an international benchmark, fell to $18.10 a barrel.




b

Pressure on Bank of England bosses mounts as inflation falls

Inflation could fall to 0.5 per cent over the summer, Howard Archer, chief economist at the EY Item Club, claims. This is well below the Government's 2 per cent target.




b

Fevertree share price jumps Britons buy drinks at convenience stores

Shares in AIM-listed Fevertree, which outsources most of its operations, rose over 13 per cent this afternoon after the group said the in-store arm of its business remained 'robust.'




b

Netflix hopes to gain 23 million new subscribers in the first half

With millions staying indoors, families have turned to the video streaming giant for home entertainment. Netflix has added 15.8m paying subscribers in the three months to March 31.




b

Laura Ashley rescued: Administrators agree deal with Gordon Brothers

The fashion and homeware store went bust last month after it failed to raise emergency cash from its owners, becoming the first household name to fall victim to the coronavirus lockdown.




b

Worse to come for 'broken' oil market as pandemic causes oversupply

On a day of wild swings on global markets, brent crude briefly fell below $16 a barrel - the lowest level this century. It later recovered, surging 10 per cent to more than $21 last night.




b

Victoria's Secret £890bn takeover on the brink

In a lawsuit filed in the US yesterday, private equity group Sycamore said L Brands had failed to adhere to a 'detailed set of obligations' associated with the takeover.




b

Insurance giant Hiscox set to be hit with £142m virus bill

The Hiscox Action Group, representing more than 180 firms says the insurer has issued 'blanket' rejections, knocking back thousands of legitimate claims.




b

MARKET REPORT: Housebuilders on rise as sites prepare to reopen

Taylor Wimpey was the top riser on the FTSE 100 after it said it was still selling homes virtually, adding its order book was at £2.7bn at the end of last week, up from £2.4bn the same time last year.




b

Banks under pressure to ramp up their coronavirus rescue lending

While 38,186 firms have applied for a Government-backed loan through the Coronavirus Business Interruption Loans Scheme, just 16,624 have been approved by High Street banks.




b

Just Eat's £6.2bn merger with Takeaway.com is cleared by watchdog 

The online food delivery firm's merger got the go-ahead from the Competition and Markets Authority, who was 'satisfied there are no competition concerns' after its probe of the deal.




b

Norton Motorcycles 'will be restored to former glory', says new owner

India's TVS Motor, which bought the British brand out of administration for £16m earlier this month, is reportedly set to invest tens of millions of pounds in the luxury motorbike maker.




b

Unilever pays out dividend but warns virus crisis means a 'new normal'

Chief exec Alan Jope said he expects the pandemic to prompt lasting changes in behaviour, with strong demand for cleaning products set to continue while the dining industry could face a slow recovery.




b

'A divisive waste of money': Standard Life Aberdeen pulls out of Davos

Standard Life Aberdeen Chief exec Keith Skeoch has come to the view that attending next January would be insensitive to the grim realities of life in the pandemic for millions of ordinary people.




b

Blackmore Bond falls into administration owing savers £45m

Blackmore Bond had failed to hand out interest payments to its investors since October last year. Assurances that it would resume the payments in 2020 fell by the wayside.




b

Burberry shuns coronavirus furlough scheme

The British fashion stalwart said a third of its workers would remain at home on full pay, without a penny being billed to the taxpayer, while bosses have taken a 20 per cent pay cut.




b

Britain's economy sinks into deep-freeze as output plummets

The closely-watched Markit/CIPS Flash UK Composite Purchasing Managers' Index fell to a new record low of 12.9 - down precipitously from an already low reading 36 in March.




b

Economic think-tank sounds alarm on household debt

The Institute for Fiscal Studies said households are saddled with £8,000 of non-mortgage debts, totalling £230 billion across the UK. And the coronavirus pandemic means incomes are falling.




b

Big Short boss gets caught out by coronavirus crisis

Steve Eisman told investors last week that the Neuberger Berman Absolute Alpha Fund had dropped nearly 5 per cent in March as the Covid-19 crisis took hold.




b

Taylor Wimpey boss: Give us a plan to get ALL firms back to work

Pete Redfern, the chief executive of FTSE 100 firm Taylor Wimpey, has broken ranks with rival bosses to push the Government to outline a plan to end lockdown.




b

Will Sainsbury's bail out its own bank?

Experts at Barclays have speculated that the supermarket chain could be forced to 'inject capital' into Sainsbury's Bank.




b

STOCK WATCH: Fears grow that BP's Alaska sale may prove half-baked

With oil prices tumbling, investors will be glued to the first-quarter results due out from BP and Shell on Tuesday and Thursday respectively.




b

EasyJet on course for a rescue cash battle with Stelios

EasyJet is heading for its biggest showdown yet with Sir Stelios Haji-Ioannou amid growing speculation in the City that the airline may ask investors to stump up rescue cash.




b

Mike Ashley's Frasers asks suppliers to cut 20% off unpaid bills

Ashley's chains, which include Sports Direct and House of Fraser, have been forced to close amid the Covid-19 pandemic, and are in arrears to suppliers.




b

Rise in abuse by customers prompts Lloyds to protect staff

The bank wants to discourage 'non-essential' customer visits after some of its staff complained in a union survey that irate members of the public had spat on them.




b

American hedge fund Citadel in £275m bet against UK grocers

The move by Citadel suggests Britain's supermarket chains might not be immune to the coronavirus outbreak, even though their shares have held firm so far.




b

UK Airline industry wants wage subsidy scheme extended

Tim Alderslade, the chief executive of industry body Airlines UK, wrote to Chancellor Rishi Sunak, saying that carriers will face a 'renewed cash crisis' if the job support scheme is withdrawn.




b

Furloughing fat cat bosses pocketed over £300m in five years

There are mounting calls for super-rich fat cat executives to play a bigger part in shouldering the financial burden stemming from the crisis, which will end up hitting taxpayers hard in the pocket.




b

Amazon to reap £7,500 a second in online boom

Analysts are predicting it will unveil first-quarter sales of around £59 billion. But the retail giant has been accused of abandoning fraud victims by closing a crucial helpline.




b

Airbus jobs at risk and shake-up looms as 3,200 furloughed

Chief executive Guillaume Faury told the plane maker's 135,000 staff to brace for a major shake-up and potentially sweeping job cuts to slash costs.




b

John Lewis seamstresses making scrubs for NHS

The retailer announced it would reopen its Lancashire textiles factory to make 8,000 washable gowns for Northumbria NHS Foundation Trust over four weeks.




b

Lloyds Bank lags UK rivals on coronavirus loans

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.




b

Companies must show restraint on bosses' pay

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.




b

Easyjet bosses set for showdown with founder Haji-Ioannou

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.




b

MARKET REPORT: British pharma shines with coronavirus test

Novacyt has inked a deal with the Department of Health to provide it with 288,000 tests a week. And Omega Diagnostics has made fresh strides in the race to roll out antibody tests.




b

Up to 30,000 North Sea oil and gas jobs could be cut

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.




b

Brokers prey on businesses desperate for coronavirus lending

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.




b

Founder of 'legal loan shark' Amigo in bid to oust the entire board

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




b

Boeing boss warns of lasting effect of Covid-19

Just a day after arch-rival Airbus said it was 'bleeding cash' and may not survive, Boeing boss David Calhoun said: 'It is difficult to estimate when the situation will stabilise.'




b

Reform furlough scheme to save jobs, says think-tank Reform

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.




b

BP promises to pay a £1.7bn dividend despite 'brutal' environment

Many had been worried BP would have to cut or axe the payout after oil prices began tanking in late January. But the energy giant has raised the amount it will give to shareholders.




b

British Airways planning 12,000 redundancies

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




b

Cath Kidston staff 'betrayed' over redundancy pay

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




b

P&O owner begs for £150m bailout as it plans to give investors £270m 

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




b

British make-up brand Charlotte Tilbury at centre of £1bn bidding war

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.