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.

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.

The FTSE 100 index rose 156.75 points to 6115.25, closing above the 6000 mark for the first time since early March, despite data showing the US economy shrank 4.8 per cent in the first quarter.

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.

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.

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.

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.

Insurers have come under fire for refusing to pay out claims to companies which have been devastated by the lockdown. The Financial Conduct Authority plans to resolve this as quickly as possible.

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.

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.

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.

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.

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

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 insurance giant said it would sell up to 58m shares, which at last night's price of 692.4p would be worth £400m, collecting the money so it could 'respond to future growth opportunities'.

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.

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 online grocer awarded a £58m pay packet to chief executive Tim Steiner last year, and will give him a bonus of up to £100m over five years if its share price continues to rise.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

Van Persie can sympathise with Sanchez. He, too, swapped Arsenal for United. He, too, knows the baggage that comes with life at Old Trafford.

Alexis Sanchez was apparently left fuming after clashing with youngster Mason Greenwood while on Manchester United's pre-season tour. Sanchez is currently recovering from a hamstring injury.

EXCLUSIVE BY CHRIS WHEELER: The astronomical deal United offered Sanchez when he signed from Arsenal made him the highest paid player in the Premier League. But it has now backfired.

Alexis Sanchez has interest from Serie A clubs ahead of the European transfer window closing on September 2 but his wages may prove an obstacle to a move.

The 30-year-old could join Romelu Lukaku as the second United player to sign for Inter this summer after the Belgian international completed a £73million move earlier this month.

Sanchez moved to Old Trafford in a swap deal with Henrikh Mkhitaryan in January 2018 after beating Manchester City to the forward's signature. But he has endured a torrid time, scoring just twice last term

Romelu Lukaku has been bombarding former Manchester United team-mate Alexis Sanchez with messages to convince him to join Inter Milan. He told the Chilean Italy is more beautiful than Manchester.

Ole Gunnar Solskjaer has admitted Alexis Sanchez could leave Manchester United in the coming weeks, with Inter Milan among the clubs showing interest in the forward.

Those in the Manchester United boardroom must wince when they hear the name Alexis Sanchez, such is the poor value for money their £560,000-per-week man has delivered.