0

'A divisive waste of money': Standard Life Aberdeen pulls out of Davos

Standard Life Aberdeen Chief exec Keith Skeoch has come to the view that attending next January would be insensitive to the grim realities of life in the pandemic for millions of ordinary people.




0

Rates to stay at 0.1% until end of next year

The Bank of England is likely to keep rates frozen at the all-time low of 0.1 per cent until at least the end of 2021, according to a poll of economists by Reuters.




0

SMALL CAP MOVERS: AIM-listed companies raise £500m to cope with coronavirus crisis

From the market low on 18 March to the start of the Easter weekend on 9 April, junior market-listed firms announced over £500million of funding.




0

McLaren receives £300m jump-start during coronavirus pandemic

McLaren, based at a plush factory in Surrey designed by renowned British architect Norman Foster, is also talking to third parties about further boosting its working capital.




0

STOCK WATCH: Fears grow that BP's Alaska sale may prove half-baked

With oil prices tumbling, investors will be glued to the first-quarter results due out from BP and Shell on Tuesday and Thursday respectively.




0

Mike Ashley's Frasers asks suppliers to cut 20% off unpaid bills

Ashley's chains, which include Sports Direct and House of Fraser, have been forced to close amid the Covid-19 pandemic, and are in arrears to suppliers.




0

Furloughing fat cat bosses pocketed over £300m in five years

There are mounting calls for super-rich fat cat executives to play a bigger part in shouldering the financial burden stemming from the crisis, which will end up hitting taxpayers hard in the pocket.




0

Amazon to reap £7,500 a second in online boom

Analysts are predicting it will unveil first-quarter sales of around £59 billion. But the retail giant has been accused of abandoning fraud victims by closing a crucial helpline.




0

Airbus jobs at risk and shake-up looms as 3,200 furloughed

Chief executive Guillaume Faury told the plane maker's 135,000 staff to brace for a major shake-up and potentially sweeping job cuts to slash costs.




0

Up to 30,000 North Sea oil and gas jobs could be cut

The crash in oil prices could put 10 per cent of the sector's 300,000 workforce at risk and reduce new investment in the region to the lowest level since 2000.




0

British Airways planning 12,000 redundancies

Coronavirus has wiped out demand and IAG believes it will take several years for air travel to recover to 2019 levels.




0

Estate agents under fire for offering viewings during the pandemic

Firms are accusing each other of 'profiteering' from the pandemic. An estate agency in the Lake District sparked a debate after it said it had completed a viewing on a £1.25m home.




0

P&O owner begs for £150m bailout as it plans to give investors £270m 

Dubai-based DP World says P&O needs the emergency cash to avoid collapse during the virus crisis.




0

Shell in first dividend cut since WW2: Blow to pensions

Last year Shell was the most generous dividend payer in the UK, handing pension funds and investors £11.6bn.That amounted to 15.5 per cent of all payments made by FTSE 100 firms.




0

Elon Musk brands lockdown 'fascist' and claims it poses risk to Tesla 

Tesla's factory in Fremont, California, has been closed since March 24 as part of a government clampdown, requiring people to stay indoors to slow the spread of the coronavirus.




0

MARKET REPORT: Hargreaves co-founder sells £160m of his shares

Stephen Lansdown found the company's stock was so sought after that, when he launched his latest sale of shares, he had to increase the amount up for grabs twice.




0

Lloyds under fire for handing out just £500m to struggling firms

The bank, led by chief exec Antonio Horta-Osori (pictured), which is the UK's biggest mortgage provider and one of the largest lenders to small businesses, has handed out just.




0

DIRECTOR'S DEALS: Diageo's Asia boss sells £746,000 worth of shares

Sam Fischer spent £479,000 exercising options to buy 28,000 shares at 1709p. He later sold the stock at 2663p, netting £267,000. Diageo's market value has fallen 14 per cent this year.




0

McDonald's to open 15 restaurants for takeaway and delivery on May 13 

The fast food business's 1,350 restaurants have been closed since the Government brought in lockdown measures in March due to concerns over staff and customer safety.




0

RBS sets aside £800m to pay for bad loans as profit falls almost 50%

RBS, which is changing its name to Natwest later this year, said the loss provisions dragged profit down by almost 50 per cent to £519m in the first three months of 2020.




0

Watchdog warns audit firms to up their game and stop misleading

The Financial Reporting Council has found most accounting firms are failing to assess whether their audits of major companies are any good until after they have already published them.




0

Hiscox to raise £400m as it fights firms over coronavirus payouts

The insurance giant said it would sell up to 58m shares, which at last night's price of 692.4p would be worth £400m, collecting the money so it could 'respond to future growth opportunities'.




0

UK Cinemas set to reopen in July, Vue boss says 

Vue boss Tim Richards is 'hopeful' that venues can be open in time for the release date of Nolan's new film, Tenet (starring John David Washington and Robert Pattinson, pictured) on July 17.




0

Virgin Money suffers 60% drop in profits and gets ready for bad debts

The group admitted that around 12,000 of its credit card customers, or 1.2 per cent, were already seriously in arrears by three months or more before the pandemic.




0

Ocado sales jump over 40% but shopper habits returning to 'normal'

The grocer said its decision to stop people ordering bottled mineral water helped it complete 6,000 extra orders a week.




0

MARKET REPORT: Hiscox raises £375m to ride out Covid-19 storm

The Lloyd's of London insurer was a top FTSE 250 riser after placing the 57.6m shares, priced at 650p. This was 6 per cent cheaper than its share price the day before the fundraising launched.




0

MARKET REPORT: Rolls-Royce investors rocked

The FTSE-listed group will struggle after the number of hours its engines spent flying in April fell by 90 per cent. Across the first four months of the year, flying hours dropped 40 per cent.




0

Filta shares up 80% as it produces coronavirus sanitisers

The anti-viral solution leaves a protective layer that bonds to the surface, creating a safer environment in shared spaces such as restaurants, bars and shops.




0

BA owner says misery will last until 2023 as it reports $1.5bn losses

IAG said it is 'planning a meaningful return to service' in July. But it conceded the plans were 'highly uncertain and subject to the easing of lockdowns and travel restrictions' globally.




0

Tesla boss Elon Musk eyes £600m bonus as shares soar

The electric car maker has clocked up a six-month period with an average market capitalisation of $100bn (£81bn), the main requirement for Musk to receive the first payout under a reward scheme.




0

BT takes axe to dividend: No annual payout for first time since 1984 

Chief exec Philip Jansen (pictured) said the company now aims to offer fibre to 4.5m homes and businesses by next March and 20m by the mid to late-2020s, up from a previous target of 15m..




0

US unemployment hits 14.7% after 20m jobs are lost in just one month 

In a sign of the devastating impact the coronavirus pandemic is having on business, the unemployment rate in the world's largest economy hit 14.7 per cent last month.




0

Big Oil could be a gusher: Shell and BP are down - but not out! 

A global oil glut has forced Shell to cut its quarterly dividend by 66 per cent, a move that leaves millions of investors as well as savers in pensions and equity income funds suddenly poorer.




0

DIRECTOR'S DEALS: Anglo American boss Mark Cutifani gets £3.3m

Cutifani will be given the 226,879 shares in 2025 if he and the firm hit targets. The Australian, 61, has led the FTSE 100-listed miner, which bought Sirius Minerals this year, since 2013.




0

Alexis Sanchez returned to training this week - but £500,000-a-week flop's future looks bleak

A year ago, Alexis Sanchez was the star attraction on Manchester United's tour of the United States. Now, he returns for pre-season training needing to salvage his Old Trafford career.




0

Manchester United news: Alexis Sanchez's £560k a week deal leaves Man Utd struggling to find a buyer

EXCLUSIVE BY CHRIS WHEELER: The astronomical deal United offered Sanchez when he signed from Arsenal made him the highest paid player in the Premier League. But it has now backfired.




0

Alexis Sanchez arrives at Carrington for training despite Inter Milan loan switch edging closer 

The Chilean forward is keen to move to Inter Milan and has received permission from Manchester United to speak to the Italian giants and manager




0

Manchester United 'to pay half of Alexis Sanchez's £560,000 a week wages' during Inter Milan loan'

The 30-year-old could join Romelu Lukaku as the second United player to sign for Inter this summer after the Belgian international completed a £73million move earlier this month.




0

Manchester United transfer news: Man United face STAGGERING £36m Alexis Sanchez bill

EXCLUSIVE BY SAMI MOKBEL: Sportsmail understands the San Siro club are planning on offering Sanchez a contract worth no more than £150,000-per-week if they make deal permanent




0

Manchester United 'want Inter Milan to include a £20m obligation to buy' in loan for Alexis Sanchez

Representatives from both clubs have held talks over the past few weeks in the hope of agreeing a deal that would see the former Barcelona and Arsenal end his torrid spell at Old Trafford.




0

The big questions as stars race to seal deals before European transfer window shuts 

ADAM SHERGOLD: The transfer window in Europe's leading leagues closes on Monday and we could well see some of the continent's elite clubs involved in a scramble for some big stars.




0

Man United will still pay Alexis Sanchez £300,000 a week despite Inter Milan loan move

Inter have agreed to pay close to £4.5million of the Chile international's £21m annual salary, meaning United will still have to foot a significant portion of his wages.




0

Transfer news: Man United confirm Alexis Sanchez has joined Inter Milan on season-long loan deal 

Manchester United have confirmed that Alexis Sanchez has joined Inter Milan on a season-long loan deal. The winger had fallen out of favour at Old Trafford and will hope to rediscover his best form.




0

Ole Gunnar Solskjaer needs his kids to grow up fast if Man United are to finish in the top four 

KIERAN GILL AT ST MARY'S STADIUM: Call them Ole Gunnar's Young Guns, or Solskjaer's Starlets, we will get to know this group well this season.




0

From Eric Djemba Djemba to Angel Di Maria... we list Manchester United's top 10 WORST ever signings

With Manchester United's top earner Alexis Sanchez finalising his loan deal to Inter Milan this week, Sportsmail takes a look at United's top 10 WORST ever signings.




0

Sanchez and Mkhitaryan swap to end up costing Manchester United and Arsenal a combined £50m

Mkhitaryan moved to Roma on loan from Arsenal on Monday, joining Sanchez in Italy less than a week after the United flop signed for Inter Milan until the end of the season.




0

Did Alexis Sanchez really make an impact when he played full 90 minutes for Manchester United?

In what might be described as a parting shot, Alexis Sanchez suggested he would have been a success at Manchester United if only he'd played the full 90 minutes.




0

Manchester United stars 'glad to see the back of Alexis Sanchez following loan move to Inter Milan' 

Manchester United's stars have expressed their delight at the departure of Alexis Sanchez on a season-long loan to Inter Milan, according to The Sun.




0

Inter Milan 1-0 Udinese: Sensi strike extends unbeaten run as Romelu Lukaku and Alexis Sanchez play

Inter Milan made it three wins out of three Serie A games as Antonio Conte's men secured a 1-0 win over a 10-man Udinese side on Saturday evening.




0

Inter Milan coach Antonio Conte reveals Alexis Sanchez is not ready to start games     

Inter Milan boss Antonio Conte has claimed summer signing Alexis Sanchez is not yet ready to start for the club following his move from Manchester United.