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

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.

As the economic toll of lockdown starts to rear its ugly head, employment, new orders and output in the sector fell at the fastest pace for 28 years last month.

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'.

The Financial Services Compensation Scheme is looking at claims from 12,000 savers who bought so-called mini bonds from LCF and were left high and dry when the company collapsed.

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.

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..

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.

CHRIS WHEELER IN PERTH: Pogba and his agent Mino Raiola have made no secret of his desire to leave, but Solskjaer believes he can motivate United's record signing to be a key player.

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.

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

Alexis Sanchez has broken his silence over his sorry spell at Manchester United. The Chilean, United's highest paid player on £560,000, only managed to scored five times in 45 games.

Alexis Sanchez is open to a move to Major League Soccer, but after finally getting out of Manchester United he is not considering a switch Stateside anytime soon. 

Ole Gunnar Solskjaer has admitted that he 'can't really give Marcus Rashford a break' due to Manchester United's limited options in attack but accepts the forward is worn out right now.

Inter Milan had goalkeeper Samir Handanovic to thank after surviving an 88th minute penalty to earn a point against fifth-placed Serie A side Atalanta with a 1-1 draw at the San Siro.

The 31-year-old, currently on loan from Manchester United, was among the title chasers' substitutes on Saturday but was not brought on despite Inter appearing at risk of dropping points.

Manchester United are set to perform a shock u-turn by giving Alexis Sanchez another chance to prove himself at the club. Sanchez is currently on loan at Inter Milan.

There have been a number of exits since the Norwegian took charge, the likes of Romelu Lukaku, Ander Herrera, Antonio Valencia, Matteo Darmian and Ashley Young all departing.

The Red Devils forward is currently on loan at Inter Milan and Ole Gunnar Solskjaer has recently said he would return to the club this summer. But this looks to be a ploy to salvage his re-sale value.

According to ESPN , while Sanchez is also keen to cut short his United nightmare, he does not want to take a wage cut and is willing to see out the remainder of his deal without playing a game.

Both Alexis Sanchez and Mesut Ozil's contracts at the Emirates were set to expire in the summer of 2018 and as the days drew on, it appeared their time at the club was coming to an end.

The Gunners have sold the likes of Robin van Persie, Samir Nasri and Alexis Sanchez in recent years while Aaron Ramsey left on a free transfer last season.

TOM UTLEY: Well, the minutes passed, and then the hours - and still I could get nothing but that infuriating message. I began to feel something like panic stealing over me.

It's the first time since I foolishly took up smoking during my gap year in France almost 50 years ago that I've heard anyone suggest my addiction might actually be doing me good, writes TOM UTLEY.

The fortunes which Saudi Arabia are willing to invest in 'sports-washing' their image will price any fight between Joshua and the winner of Fury's rematch with Wilder.

The British heavyweight, who will take on Kubrat Pulev next in London, was filmed at Garage Nation - and impressed the capacity crowd by rapping along to the former UK No 1.

Arsenal and Tottenham usually battle it out on the pitch but now they competing off the field as the north London duo are competing to host Anthony Joshua's next fight. 

Deontay Wilder has taken a swipe at heavyweight rival Anthony Joshua as he steps up preparations for his rematch with Tyson Fury by mocking his boxing style.

Dillian Whyte has hit out at Eddie Hearn after the promoter suggested new WBC champion Tyson Fury fight Anthony Joshua in a unification bout this summer instead of the Brixton fighter.

Tyson Fury and Deontay Wider have been urged by Anthony Joshua's promoter Eddie Hearn to 'hurry up' with their third showdown in order to pave the way for a heavyweight title unification fight.

Tyson Fury beat Deontay Wilder via TKO in their much anticipated rematch to win the WBC world title belt. There has since been talk of a future unification bout with fellow Brit Anthony Joshua.

It was confirmed on Sunday that a trilogy fight will be happening 'this summer' after Wilder activated the rematch clause in his contract. Here's the lowdown on what is known so far.

The Gypsy King, 31, will have two fights left on his contract after battling Wilder for a third time and he wants to take on fellow Brits Joshua and Whyte.

Tyson Fury's trainer and former world Champion Andy Lee has advised Deontay Wilder to not enter the ring with Fury for the third time and instead fight Andy Ruiz.

Bob Arum is convinced the 'Battle of Britain' super-fight between Tyson Fury and Anthony Joshua will never happen. The promoter believes the Londoner will be knocked out by Kubrat Pulev.

Eddie Hearn has pulled no punches in hitting back at the sceptics who believe he is lying about talks regarding a potential superfight between Anthony Joshua and Tyson Fury.

The Prime Minister has been robust during the disease's spread, saying his favourite greeting was OK as long as people were fastidious about cleansing their digits afterwards.

David Haye has told Anthony Joshua to ditch his newfound caution because he will be expected to emulate Tyson Fury's spectacular knockout of Deontay Wilder this summer.

Joshua is scheduled to face the Bulgarian at Tottenham's new stadium on June 20, but that date could now be required by the club for a potential extension of the Premier League campaign.

Anthony Joshua's world heavyweight title fight with Kubrat Pulev is set to be postponed by several months due to the coronavirus pandemic, the Bulgarian challenger said on Thursday. 

The Matchroom Boxing chief has admitted that, due to the uncertainty that surrounds sport, Joshua may ditch his fight with Pulev to stage a highly-anticipated 'Battle of Britain' blockbuster.

Dillian Whyte is convinced he will knock out Anthony Joshua because he says he punches harder than Andy Ruiz Jr, who stopped AJ last June in New York. Whyte hopes to fight Joshua again next year.

The promoters were hopeful that the much-anticipated 'Battle of Britain' showdown would be held in December, but the health emergency has disrupted the sporting world's calendar.

Joshua took Ruiz apart in their December rematch to round off a dominant points victory and become a two-time world champion in Saudi Arabia - avenging his shocking loss to the Mexican.

Team Fury are said to be assessing options about whether the fighter can not face Wilder and instead provide the lucrative unification bout against WBA, WBO and IBF belt holder Anthony Joshua.

There will be no boxing behind closed doors in Britain before the coronavirus lockdown is lifted, along with all social distancing measures.

Dominic Breazeale believes he can become the first man to defeat Andy Ruiz by stoppage if the former world champion accepts the challenge of a heavyweight fight.

The footage shows the boxer off his road bike filming on his phone while two other people wait nearby ready on their bikes at a car park in Garston, Hertfordshire.

Tyson Fury called on heavyweight boxing rival Anthony Joshua to join him for a home workout challenge on Instagram Live during the coronavirus lockdown.

JEFF POWELL: Chisora knows there is likely to be a log-jam once the UK opens up to a staging of Anthony Joshua's defence of his belts and Dillian Whyte's attempt to cement his challenger position.