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Jackpotjoy / Virgin Games owner ends television and radio advertising

Gamesys was praised for acknowledging that children and vulnerable customers who are bored are being placed at risk by the lockdown. Betting companies have been urged to protect players.




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Banks under pressure to ramp up their coronavirus rescue lending

While 38,186 firms have applied for a Government-backed loan through the Coronavirus Business Interruption Loans Scheme, just 16,624 have been approved by High Street banks.




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Blackmore Bond falls into administration owing savers £45m

Blackmore Bond had failed to hand out interest payments to its investors since October last year. Assurances that it would resume the payments in 2020 fell by the wayside.




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Victoria's Secret revamping image to reverse fortunes

Sales at the US lingerie business have suffered as shoppers shy away from the brand, which is embodied by the scantily clad models who perform in its annual show.




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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.




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UK trailing Europe in coronavirus crisis loans

Less money has been lent under the Business Interruption Loan Scheme than in Switzerland and Germany because the application process is too complex, the TaxPayers' Alliance said.




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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.




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John Lewis seamstresses making scrubs for NHS

The retailer announced it would reopen its Lancashire textiles factory to make 8,000 washable gowns for Northumbria NHS Foundation Trust over four weeks.




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Top executives seek help with mental health during lockdown

Paracelsus Recovery said the rise in requests was mostly from high-flying businessmen who were struggling to adapt to their new style of life.




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Brokers prey on businesses desperate for coronavirus lending

Treasury officials and the City watchdog expressed concern after it emerged a company is charging £500 upfront, then a percentage of the value of the loan if the application is successful.




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Online food shopping soars among silver surfers

Grocers have hired an army of 110,000 temporary staff to meet rising demand. Tesco is now delivering to more than a million people every week, an increase of 400,000 weekly delivery slots.




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Boeing boss warns of lasting effect of Covid-19

Just a day after arch-rival Airbus said it was 'bleeding cash' and may not survive, Boeing boss David Calhoun said: 'It is difficult to estimate when the situation will stabilise.'




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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.




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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.




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Persimmon suffers 'material' slowdown in sales during lockdown

While the group got off to a strong start this year, social distancing, Government lockdown interventions and economic uncertainty have started to take their toll.




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British make-up brand Charlotte Tilbury at centre of £1bn bidding war

It is thought that the brand, founded by make-up artist Charlotte Tilbury, 47, (pictured to the right of human rights lawyer Amal Clooney) could fetch more than £1bn.




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Big offices are now a thing of the past, says Barclays boss

Staley (pictured with wife Debora) said the coronavirus would have a lasting impact on where staff work. Around 70,000 of Barclays 80,000 employees are working from home.




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Aerospace industry facing its 'gravest ever crisis', says Airbus boss

On another bleak day for the sector, Airbus chief executive Guillaume Faury predicted it could take 'three to five years' for passengers to be as willing to fly as before the crisis.




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Covid winners: The tech tycoons & money men making a mint

Amazon is expected to report profits of more than £7500 a second, meaning founder Jeff Bezos (pictured with girlfriend Lauren Sanchez) has added billions of dollars to his personal fortune.




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Oil giant Shell's eight-decade run of not cutting dividends ends

Shareholders are to receive around a two-thirds cut in their dividend payments covering the last three months of 2019, from 47 cents per share to 16 cents.




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Twitter sales plunge 27% but users grow

The US social media group said 14m more users are using its platform every day compared to a year ago, taking the total number to 166m.




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Ending furlough scheme in June is 'tantamount to economic suicide'

Just days after British Airways warned of 12,000 job cuts, business only expect to recover slowly as workers and consumers stay home and social distancing measures are put in place.




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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.




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Manufacturing activity in eurozone at record low

The IHS Markit Manufacturing Purchasing Managers' Index gave a reading of 33.4 in April - significantly below the 50 mark which indicates activity was flat.




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MARKET REPORT: Carnival has sinking feeling over US probe

Carnival has been asked to give all the documents relating to the pandemic and its response to the House Committee on Transportation and Infrastructure.




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Big four audit firm Ernst & Young faces quiz over NMC role

The former FTSE 100 hospitals provider crashed into administration after a series of extraordinary revelations, including that it was harbouring billions of pounds in secret debt.




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Gambling bosses refuse pay cuts over coronavirus

William Hill is benefiting to the tune of over £30m per month from the wage subsidy scheme and the business rates holiday, while Paddy Power is saving £400,000 per month in business rates.




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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.




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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.




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MARKETS LIVE: Bank of England warns UK faces worst ever recession

FTSE 100 closed up 1.4 per cent or 82.22 points at 5,935.98 and the pound was at $1.23 against the dollar.




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ALEX BRUMMER: ITV's streaming battle

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.




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The key economic statistics that highlight the challenges the UK faces

What does the terrible economic data tell us about what shape the recovery will have? And is it too late for too many companies?




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Banks urged to keep approving state-backed coronavirus loans

Bank of England governor Andrew Bailey (pictured) has put pressure on banks to ramp up lending as the central bank predicted the economy would shrink by 30 per cent in the first half of the year.




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Manufacturing is key to our recovery, says UK defence firm BAE

Under chief exec Charles Woodburn, 49, BAE Systems is fighting a very different war against the deadly coronavirus and is turning its formidable engineering expertise to helping the NHS.




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What car making in a coronavirus era looks like for Aston Martin

From temperature tests on arrival to face masks and two-metre distancing, this is the first glimpse of how manufacturing in Britain could look in the wake of the lockdown.




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Uber losses hit £2.3bn but food delivery service is a 'silver lining'

Uber Eats sales jumped 50 per cent as people locked down all over the world turned to restaurant deliveries as a treat at home. The company is trying to save more than £800m this year.




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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.




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Manchester United News: Ole Gunnar Solskjaer's best business yet was persuading De Gea to stay

JOE BERNSTEIN: With world-class players at a premium, the news that David De Gea is set to sign a new contract at Old Trafford gives Ole Gunnar Solskjaer a massive boost during a difficult period.




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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.




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First yellow of the season! Manchester United forward Alexis Sanchez receives car parking ticket

The Chilean international, who is currently nursing a hamstring injury, returned to his car in Wilmslow after taking a train from London, only to discover that a parking warden had paid it a visit.




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Transfer news: Man United outcasts Romelu Lukaku and Alexis Sanchez enjoy a laugh at training

With Manchester United's pre-season in full flow, Romelu Lukaku and Alexis Sanchez have been enjoying their time away from the preparations as they shared a laugh at Carrington.




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Man United news: Outcast Alexis Sanchez has to start playing with a smile, says Robin van Persie

Van Persie can sympathise with Sanchez. He, too, swapped Arsenal for United. He, too, knows the baggage that comes with life at Old Trafford.




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Transfer news: Roma 'hold talks with Manchester United over the loan signing of Alexis Sanchez'

The Chilean winger has struggled to make in impact since arriving at Old Trafford from Arsenal in 2018, and was given an extended break during pre-season after the Copa America.




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Alexis Sanchez and Manchester United youngster Mason Greenwood clashed in pre-season

Alexis Sanchez was apparently left fuming after clashing with youngster Mason Greenwood while on Manchester United's pre-season tour. Sanchez is currently recovering from a hamstring injury.




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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.




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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




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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.




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Romelu Lukaku has been messaging Alexis Sanchez EVERY DAY to convince him to link-up at Inter Milan

Romelu Lukaku has been bombarding former Manchester United team-mate Alexis Sanchez with messages to convince him to join Inter Milan. He told the Chilean Italy is more beautiful than Manchester.




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Transfer news: Inter Milan hoping for progress in bid to sign Manchester United Alexis Sanchez

Inter Milan expect to have a firm idea of whether a deal to sign Alexis Sanchez can be struck to sign over the next two days. The Old Trafford side are open to letting him leave,




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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