It is not what you would expect to find on one of the most expensive streets in the country. But these are unusual times. Naomi Russell has transformed her multimillion-pound…
Category: Business
Billionaire brothers behind B&M take £30m payout after Christmas boom
Simon and Bobby Arora award themselves almost £100m in dividends as retailer benefits from changed shopping habits The billionaire Arora brothers who own B&M have handed themselves a £30m payout…
Ryanair expects 95% fall in passenger numbers until April
Ryanair expects to lose 95% of its traffic in February and March, with few if any flights operating from the UK and Ireland, because of the latest Covid lockdowns and…
UK lockdowns fuel record year for home entertainment spending
British consumers spent a record £9bn on entertainment last year as the pandemic fuelled a boom in the popularity of digital services such as Netflix, Amazon and Spotify while the…
US fines Boeing $2.5bn following fraud charges tied to 737 Max crashes
Boeing has been fined $2.5bn by the US justice department after being charged with fraud and conspiracy in connection with two fatal crashes of its 737 Max airliner. Boeing’s employees…
Arrivals to UK will need to show a negative test before entry
International travellers will need to show a negative Covid-19 test before being allowed into the UK, the government has announced, in a significant toughening of border controls to try to…
O’Neill’s and Harvester owner considers emergency cash call
The pub and restaurant group Mitchells & Butlers (M&B), which owns pub chains including O’Neill’s and restaurant brands such as Harvester, has said it may ask investors for emergency funds…