Daily Mail Articles

The CPI measure slumped to 0.5 per cent in May, down from 0.8 per cent and the lowest level since June 2016.

Stephen Jones, chief exec of UK Finance, quit after a court heard he made ‘deeply unpleasant’ comments about the top female financier who is now embroiled in a £1.6bn case against Barclays.

As the International Monetary Fund cautioned that stock market exuberance may be overdone, the FTSE 100 index rose 2.9 per cent, or 178.09 points, to 6242.79 in London.

More than 913,000 companies- many of which have seen their cash flow dry up since the lockdown began on March 23 – have scrambled to take up  Chancellor Rishi Sunak’s offer of support.

Nowhere will be immune to the job losses looming over Britain, but parts of the North and the Midlands are likely to suffer a disproportionate amount of pain.

Tui has started flights from Germany, Switzerland and Benelux countries. Since June 8 British tourists have been required to quarantine for two weeks after returning from overseas.

New-look outlets will feature floor markings, protective clothes for staff and protective screens. There will be a reduced menu to ensure social distancing in kitchens and workspaces.

The discount retailer, which also owns the Bargain Buys chain, is using an insolvency procedure called a company voluntary agreement to slash rents by up to 40 per cent.

The company said it would issue up to 19.99 per cent of its existing equity in a shares placing, which began after markets closed. Shares rose 0.6 per cent, or 0.85p, to 138.9p yesterday.

Ashtead, which rents out everything from generators and portable cabins to tools and cranes, suffered in the initial downturn in March and April, with profits almost halving in the final quarter.