A retired High Court judge has been appointed to re-review compensation paid by Lloyds Banking Group to victims of one of Britain’s biggest banking scandals after an earlier review found victims were likely paid too little.
Debenhams, once the country’s biggest department store group, could file for administration as soon as next week in a bid to protect its business from creditors during the pandemic.
Hundreds of rural and independent petrol stations across the UK will be forced to shut within a matter of weeks due to plunging fuel consumption during the Covid-19 pandemic, it was revealed today.
Banks have approved nearly one million mortgage holidays for cash-strapped homeowners in lockdown who are struggling to meet their payments.
Animal lovers rushed to stock up on products for their pets as the coronavirus pandemic took hold, a leading retailer has said.
Sir Richard Branson is to defer tens of millions of pounds in fees owed by the hardest-hit Virgin-branded companies as the coronavirus pandemic decimates revenues across his leisure and travel operations.
The government will cover the losses of bus companies in England over the next three months to ensure that services can still run.
Matt Hancock, the health secretary, has urged Premier League footballers to “play your part” in the coronavirus crisis and take a reduction in wages.
Business Secretary Alok Sharma has issued a stark warning to banks, after concerns that up to a million companies could fold because they could be denied emergency loans.