The sector could take a hit of up to £36billion this year in a worst-case scenario as investment plunges and demand for many products grinds to a halt. Car makers have been the worst hit sub-sector.
Daily Mail Articles
Turnover plunges at Cambridge Satchel Company
The firm, whose bags are a favourite of Louise Redknapp, made a loss of £1.4m in the year to June 2019 – down from £1.5m in 2018 – as sales fell everywhere, including by £800,000 in the UK.
Pay-gap shame of firms taking coronavirus state support
In research that shames boardroom excess, chief executives at some of Britain’s biggest companies were found to be earning 200 times more than their average employee.
Banking giant HSBC under new Hong Kong attack
Hermes said it is in talks with the bank after HSBC supported a new law in a post on Chinese social media platform WeChat.
HAMISH MCRAE: We should be aware of our vulnerability
From a global perspective, the UK is bargain-basement at the moment. This is just the time for foreign investors with a long perspective to zip in and buy UK assets on the cheap.
Is now the time to cancel your gym membership?
The fear is that it will be difficult to control Covid-19 transmission indoors in gyms with everyone sweating and using the same equipment along with the damp conditions in changing rooms.
TONY HETHERINGTON: Useless double glazing ‘guarantees’
Sash Home Improvements replaced all the double glazing in my home. After a leak, I tried to use the guarantee but was told the company had gone into liquidation. However, it keeps reinventing itself.
Don’t let passport delays scupper your holiday
The Passport Office can currently take six weeks or more to deal with applications due to coronavirus lockdown measures.
‘I starred in the sexist Yorkie bar ad,’ says Joanna Forest
But the best financial decision Forest ever made was to dye her wedding dress pink and turn it into a ballgown she could wear on stage.
Home buyers with a 15% deposit facing loans squeeze
The number of mortgage deals available to borrowers with a 15 per cent deposit has almost halved from 664 to 357 since March, according to analyst Moneyfacts.










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