The budget airline plans to raise more cash by selling almost 60m new shares, the equivalent of just under 15 per cent of existing shares in the company. It said it hopes this would raise £400m to £450m.
Intu, whose sites include Manchester’s Trafford Centre (pictured) is on the edge of administration while Hammerson’s share price has fallen by more than two-thirds since the start of the year.
The Hiscox Action Group, represented by law firm Mishcon de Reya, is demanding to join the action being taken in a case next month which is being brought by the City watchdog.
The grim takes from the International Monetary Fund’s top economist Gita Gopinath continue to flow. The estimate is that vanishing working hours globally, are the equivalent of 300m full-time jobs.
Humphrey Cobbold, chief exec of the UK’s largest gym operator, said he was ‘hugely disappointed’ gyms are not returning on July 4.
Pure Gym has British sprinter Dina Asher-Smith (pictured) as ambassador.
Chief executive Jason Holt said over half of the 8,500 staff had to go to help the business survive the impact of the pandemic. He admitted ‘We have never seen anything like Covid-19 in our lifetimes’
Only 100 AMB 001s will be built in conjunction with Brough Superior – combining the dynamism and heroism of desert hero Lawrence of Arabia with the derring-do of super-spy James Bond.
Property website Zoopla said sales agreed over the past four weeks have bounced back to just above pre-Covid levels, with the bulk of the rise in northern cities.
The no-frills sibling of French giant Renault has become the first car-maker to offer ‘dual-fuel’ or versions of its cars, with specific models capable of running on liquid petrol gas and petrol in combo.
Cineworld said it has updated its booking system to ensure social distancing. Christopher Nolan’s Tenet, starring Robert Pattinson and John David Washington, is due out at the end of July.
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