Daily Mail Articles

Alasdhair Willis, who is married to designer Stella McCartney, will reportedly stand down from the business but continue to advise its new majority shareholder.

The kingdom’s £263billion Public Investment Fund bought shares in the telecoms giant as they languished at lows not seen since 2009. BT’s shares closed at 118.6p on Friday.

Changes to the law will give them powers to intervene when bids are made for key firms like drug companies and those involved in making personal protective equipment.

Blue chip firms were urged to improve boardroom diversity following a landmark review of the issue by City grandee Sir John Parker three years ago. But many are still yet to take any action.

Covid-19 is likely to spawn new markets and jobs of its own. Already, it has been the catalyst for the quickest revolution in working practices seen in this country.

The firm’s parent, JD Sports, filed a notice to appoint administrators on Friday, putting 2,300 jobs and 67 stores at risk. JD bought Go Outdoors for £112m in 2016 but the business has struggled.

More than 5 million motorists skipped having their cars MOT’d in April and May by taking advantage of the government’s extension to tests during the coronavirus pandemic.

International Consolidated Airlines Group (IAG) is expected to launch an emergency fundraising – possibly by tapping investors via a rights issue – over the next few weeks.

But that tells us nothing about the shape or pace of the recovery. Will it be a V, with the downswing matched by an equally fast climb out?

Springboard, which monitors footfall, said numbers were half the comparable Saturday last year, a continuation of a trend seen all week.