Staley (pictured with wife Debora) said the coronavirus would have a lasting impact on where staff work. Around 70,000 of Barclays 80,000 employees are working from home.

On another bleak day for the sector, Airbus chief executive Guillaume Faury predicted it could take 'three to five years' for passengers to be as willing to fly as before the crisis.

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.

Last year Shell was the most generous dividend payer in the UK, handing pension funds and investors £11.6bn.That amounted to 15.5 per cent of all payments made by FTSE 100 firms.

The US social media group said 14m more users are using its platform every day compared to a year ago, taking the total number to 166m.

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.

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 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'.

Sam Fischer spent £479,000 exercising options to buy 28,000 shares at 1709p. He later sold the stock at 2663p, netting £267,000. Diageo's market value has fallen 14 per cent this year.

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.

Deloitte's survey of 104 finance chiefs found that 84 per cent were less optimistic about prospects, compared with 47 per cent three months ago - the survey's biggest drop in confidence on record.

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.

The US fashion brand's lenders will inject £322m of cash and take control of the chain at the same time as cancelling its debt. The preppy brand counts Meghan Markle among its high profile fans.

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 engineer needs to shore up its finances after global air travel was brought virtually to a standstill by the coronavirus pandemic.

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

The former FTSE 100 hospitals provider crashed into administration after a series of extraordinary revelations, including that it was harbouring billions of pounds in secret debt.

William Hill is benefiting to the tune of over £30m per month from the wage subsidy scheme and the business rates holiday, while Paddy Power is saving £400,000 per month in business rates.

The Financial Services Compensation Scheme is looking at claims from 12,000 savers who bought so-called mini bonds from LCF and were left high and dry when the company collapsed.

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 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 grocer said its decision to stop people ordering bottled mineral water helped it complete 6,000 extra orders a week.

Just hours after the online grocer revealed sales have jumped more than 40 per cent in the last five weeks, it emerged that 29.7 per cent of investors had voted against top pay at the company.

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.

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

ITV's chief exec Carolyn McCall has done the right things to limit the scarring. Some 800 workers have been furloughed, the dividend and executive pay have been cut and costs severely pruned.

IAG said it is 'planning a meaningful return to service' in July. But it conceded the plans were 'highly uncertain and subject to the easing of lockdowns and travel restrictions' globally.

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.

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..

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.

In a sign of the devastating impact the coronavirus pandemic is having on business, the unemployment rate in the world's largest economy hit 14.7 per cent last month.

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.

Uber Eats sales jumped 50 per cent as people locked down all over the world turned to restaurant deliveries as a treat at home. The company is trying to save more than £800m this year.

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.

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.