The failure of City regulator the Financial Conduct Authority to fully get to grips with the Woodford scandal and all of those who have profited at the expense of hapless investors is reprehensible.

Investors should look under the bonnet of their global funds to see how far across the world their money actually stretches. Some are so concentrated in America that the global label is misleading.

Britain's world class big pharma companies were always going to be a huge asset in the fight against Covid-19 and in finding solutions, not just to this pandemic, but to future similar events.

Royal Mail employees have kept services operating in the midst of a crisis. So it is surprising Back has chosen, since the shutdown began on March 23, to hunker down with his family abroad.

Georgieva scratched at an old wound when she said that the UK should seek an extension beyond the transition period for leaving the EU. Brussels gave the Bulgarian her job and she has not forgotten.

Far be it for me to comment on the US's medical response to the coronavirus, but amid these failings the US does appear to have managed the business piece remarkably well.

The latest public policy intervention to support R&D and start-ups through the worst of the Covid-19 crisis is right. Some will complain the government is slow to react and lags behind Germany.

One could barely believe the reports when the May price for West Texas crude oil dipped into negative territory late on Monday. The immediate thought was: does this mean free petrol for my car?

Richard Branson has touched a raw nerve with his £500m bailout request for Virgin Atlantic. He is portrayed as living the high life in the Caribbean with a reputation for treating women carelessly.

Damage done to Britain's prosperity by the severity of the lockdown is terrifying. It has not been made any easier by the wilful destruction of the country's smaller enterprises.

The scale of the task was outlined by Paul Johnson from the Institute for Fiscal Studies this week when he projected a deficit of £260 billion this year.

To make matters easier for the lenders, the Bank of England has already released counter-cyclical buffers to prepare for current loan demand.

A survey based on firms across the advanced world and emerging markets found Covid-19 is creating unprecedented stress with likely falls of 25 per cent in revenues, soaring debt levels and bankruptcies.

When the coronavirus became an issue early this year there was much loose talk about it being no more than a cold. Similarly, it was easy to regard the economic impact as transitory.

For everyone managing a pension or investment fund, Shell's decision to slash its dividend by two-thirds and suspend promised share buybacks will be a profound shock.

What Britain's fight against coronavirus has shown is the monolithic approach of Public Health England at the outset of the crisis was a terrible error, which frustrated the medical research community.

Blackwell has again come to the fore after the Treasury is understood to have been exasperated at Lloyds' lacklustre embrace of the Coronavirus Interruption Loan Scheme.

When Jeremy Corbyn and the Labour Party were proposing to go on a spending spree ahead of last December's general election there was much talk of a magic money tree.

ITV's chief exec Carolyn McCall has done the right things to limit the scarring. Some 800 workers have been furloughed, the dividend and executive pay have been cut and costs severely pruned.

By unhappy coincidence, the anniversary of the most rapturous day in British history, victory in the war against Nazi evil, comes amid a dismal historic message from the Bank of England.

As a nation in lockdown commemorated VE-Day, here is something to ponder. In the midst of the War, policymakers in Britain and around the world were deep in planning for the peace.

Barcelona midfielder Arthur Melo (in picture) says he has no intention of leaving the club for Tottenham or Juventus. The talented Brazilian has been discussed by Spurs and the Italian champions.

The Gypsy King was due to face Deontay Wilder for the third time this summer, but that showdown is now unlikely to take place until November or December.

Chancellors can never resist the opportunity to fiddle with pension rules. George Osborne has joined the club, pushed by the determination of the LibDems to be nasty to rich people.

Oil price decline provides a key backcloth to the budget. It will keep downward pressure on inflation, and offers the prospect that the decline in real earnings could start to be reversed.

The new Chancellor Philip Hammond forecasts that Britain’s economy will continue to grow and create new jobs in every year to the end of this Parliament, says ALEX BRUMMER.

Austrian Dominic Thiem, 26, was asked about the bizarre whispers after his straight sets win over Frenchman Gael Monfils at the Australian Open on Monday.

She confirmed her split from businessman Theo Chambers in November. 

Al-Rumayyan was headhunted n to run Saudi Arabia's Public Investment Fund, which is worth around $330bn and has been funding the nation's push to host a growing array of sporting events.

Russian hoaxers telephoned the Prince on two separate occasions earlier this year and duped him into believing he was chatting with environmental activist Greta Thunberg.

President Donald Trump announced a closing of the U.S. southern border with Mexico and a crackdown on illegal immigrants that would see them returned immediately to their country of origin.

Dancing On Ice star Carlotta Edwards has reportedly fled the country amid the reports surrounding her husband Alexander Demetriou and his skate partner Maura Higgins.

Trump retweeted the Navy boasting the USNS Mercy was 'under way' for Los Angeles after leaving port in San Diego Monday. In reality after 24 hours it was just nine miles from port.

Questions are now being asked about who will foot the bill for Meghan Markle and Prince Harry's new Hollywood lifestyles, after they fled Canada to the US to start their new life in LA.

The Sussexes' response came after Donald Trump tweeted to say US taxpayers would not contribute towards their security. They insisted 'privately funded security' had been arranged.

TOM LEONARD: In 2016, Meghan Markle held forth on the awfulness of Donald Trump. She warned that his election would be so terrible that 'I might just stay in Canada'. Fateful words.

Justin Trudeau has warned Donald Trump it is not in either of their countries' interests to engage in a coronavirus trade war after the US banned companies from exporting face masks.

Advisors are planning to present President Donald Trump with a menu of economic options after the Dow dropped 7 per cent Monday amid fears of the spreading coronavirus and oil market moves.

Ex-Marine and Benghazi vet Mark Geist appearing on 'Fox & Friends: Weekend,' tells host Pete Hegseth that the former Obama administration official has 'pretty much zero integrity in my book.'

Pete Buttigieg said Sunday that terrorist Qasem Soleimani deserved death, but insisted Donald Trump does not deserve the credit for taking out the Iranian leader.

Joe Biden proclaimed on the Iowa debate stage that he's taken the most heat from President Trump and the Republicans of the 2020 hopefuls - and his poll numbers are only going up.

Donald Trump argued he's been 'unfairly' treated in his impeachment trial and the victim of a 'totally partisan Impeachment Hoax' as his lawyers wrapped up day one of defending him.

Adam Schiff claimed that Donald Trump engages in 'organized crime speak' after the president took a hit at the Intelligence chairman for his role in the impeachment proceedings.

Donald Trump's defense team began their case for the president's acquittal on Saturday - rolling out his greatest hits but surprisingly barely mentioning Joe and Hunter Biden by name. 

Donald Trump lashed out at CNN host Don Lemon in a tweet on Tuesday after a panel on his show mocked the President and his supporters.

The WH rescinded its invitation for CNN anchors to attend the pre-State of the Union lunch on Tuesday. 'Solidarity needs to be modeled by news organizations for the sake of free press,' Omar said.

Senator Mazie Hirono of Hawaii appeared on Wolf Blitzer's CNN newscast, the Situation Room, on Thursday and insisted that the president was not acquitted because the trial was 'rigged.'

Morgan described Avennatti as a 'sleazeball' and blamed the anti-Trump coverage of most cable news networks on what he called 'Trump derangement syndrome.'

The republican political commentator was hit with a barrage of criticism for the 'disgusting' tweet which attracted more than 12,000 comments, 43,000 likes and was shared nearly 5,000 times.

'I'm not going to be president of the United States,' Michael Bloomberg told me when I interviewed him for CNN in 2012. 'I'm not going to run for president - for the presidency.'