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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

Inter Milan expect to have a firm idea of whether a deal to sign Alexis Sanchez can be struck to sign over the next two days. The Old Trafford side are open to letting him leave,

The Chilean star had endured a nightmare spell at Old Trafford and was sidelined under manager Ole Gunnar Solskjaer after a string of injuries and below-par performances.

JOE BERNSTEIN: With Ole Gunnar Solskjaer already pulling out the hairdryer and top stars set to move on, Sportsmail assesses how the cracks are appearing at Old Trafford.

MARTIN KEOWN: No club has a divine right to success. You have to earn it. For so long, Manchester United were the dominant force in English football, but not any more. They do not frighten opponents.

Ribery netted two goals and an assist in his last three games against Atalanta, Sampdoria and AC Milan and got a standing ovation at the San Siro, such was his influence on the game.

Manchester United will continue their squad overhaul this summer and it means clearing out some of the deadwood in Ole Gunnar Solskjaer's squad to raise funds. But who could depart Old Trafford?

TOM UTLEY: Worse than any of this, I so adore my new car that I've taken to making entirely unnecessary journeys for the sheer love of driving it.

TOM UTLEY: To those who argue that there are no fundamental differences between men and women, I say consider the matter of packing for a holiday.

TOM UTLEY: Well, the minutes passed, and then the hours - and still I could get nothing but that infuriating message. I began to feel something like panic stealing over me.

Anthony Joshua will crank up the pressure on the winner of Tyson Fury's rematch with Deontay Wilder. AJ's promoter Eddie Hearn insists they will be pushing to tee up a massive clash.

The billionaire invited Victorian China Consul-General Zhou Long -  who did not take questions but credited the 'transparent' manner with which China had dealt with the COVID-19 outbreak.

The United States and China are locked in a race to develop a coronavirus vaccine as fears mount that the latter country would use its success as economic and diplomatic leverage.

Li, 15, collapsed and died on April 24 after jogging in PE class while wearing a face mask. The other Chinese schoolboy, 14, reportedly died during a running exam whilst donning a mask.

Contributors on the Channel 4 show mocked Boris Johnson's description of COVID-19 as 'an unexpected mugger', with several pointing out it was 'no surprise'.

Secretary of State Mike Pompeo launched a new round of attacks on China, accusing Beijing of covering up coronavirus outbreak and charging them with providing faulty medical equipment.

CCTV footage shows the man stop his car in the overtaking lane of the Qinyuanling tunnel, Zhejiang Province, China, causing a three-car pile up and a near-fatal accident as he tries to escape.

The European Union has excised reference in a public letter that the coronavirus pandemic originated in China, after receiving pressure to do so from the Chinese foreign ministry.

The Mulholland Drive star began hanging out with Van Ness and his Queer Eye co-stars Tan France and Antoni Porowski last year: 'They've sort of included me in their little wolf pack.'

Priyanka Chopra had all eyes on her at the Couture Council Award Luncheon in New York ahead of Fashion Week on Wednesday.

She's the Australian actress who rarely puts a foot out of line when it comes to fashion.

Meghan has been accused of bringing 'bad luck' to New York after the Royal watched Williams' resounding defeat at the Wimbledon final to Simona Halep and the year before at SW19.

The Duchess of Sussex , 38, was the center of attention as she cheered on Williams, 37, who could not dominate in her clash with Canadian Bianca Andreescu at the Arthur Ashe Stadium in Queens.

MIKE DICKSON IN NEW YORK: When you have lost your fourth Grand Slam final in a row it is perhaps a tiny consolation to get an arm around the shoulder from royalty as Serena Williams did.

The catwalk queen, 33, turned heads once again as she brought some supermodel glamour to the US Open men's final at the Billie Jean King National Tennis Center in New York on Sunday.

Royal fans are rushing to get their hands on a dress worn by Meghan Markle, 38, to watch the US Open Tennis Championships on Saturday. The J.Crew dress is now selling for over £270 online.

Serena, 37, wore her hair in tumbling corkscrew curls, accessorized with a pendant necklace and stepped out in pointed toe yellow heels.

Meghan Markle skipped her friend Misha Nonoo's pop-up in NYC on Monday night despite being in the city to see friend Serena Williams play in the US Open over the weekend.

The latest Profit Watch UK report from The Share Centre has revealed UK-listed company profits fell for a second quarter in a row between October and December last year.

Investors are being warned to steer clear of adverts for collective investment schemes that promise a stream of income from a stake in a car park, self-storage units, or student living.

Alok Sharma has been urged to speed up a review of City rules that make it hard for individuals to take part in major company decisions ahead of the vote at Sirius Minerals next Tuesday.

As founder of website Boring Money, Holly Mackay has been testing the best online investment Isas for many years. Here's who she thinks is best, depending on how much you have to invest.

Dividend cuts are an inevitable consequence of the economy - both here and worldwide - sliding into recession in the coming months.

Five hugely experienced fund managers who passionately believe that stock markets reward long-term investors, however painful the present may be.

The UK economy is highly likely to fall into a recession due to coronavirus. We look at funds to protect your wealth.

Five years has always been the standard stipulation from financial experts as the minimum period that small investors should plan to remain in the market.

Accesso provides tickets and queuing technology to some of the world's biggest theme parks, museums and popular attractions - from Legoland to Six Flags and Universal.

Despite being stuck inside due to the lockdown, Tottenham players are still being put to the test by manager Jose Mourinho in training sessions conducted over Zoom.

Osborne claims the UK is open for business but beyond the hyperbole his budget statement has closed the door on chances to stimulate growth, says one entrepreneur.