Business News

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  Reopened retailers will face fight for survival, executive warns
  Fears physical distancing and reluctant shoppers mean many UK stores will not bounce back
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  No changing rooms: what to expect when non-essential UK shops reopen
  Stores to follow example of supermarket and DIY chains when some open again in June
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  Travel shares soar on FTSE 100 amid hopes holiday curbs will ease
  British Airways owner IAG and easyJet among those to rise as retail stocks also make gains
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  Greggs to reopen 800 stores from mid-June
  Slimmed-down menu will include bakery chain’s popular vegan sausage roll
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  UK recession may not be as bad as feared, says Bank of England economist
  Andy Haldane says latest data is ‘a shade better’ than forecast but caution remains
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  Aston Martin confirms sacking of chief after share collapse
  Andy Palmer, who had been head of car firm since 2014, will be replaced by Tobias Moers
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  Formula One carmaker McLaren cuts 1,200 jobs amid Covid-19 crisis
  Group seeks to raise £275m after racing season and supercar sales ground to a halt
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  Telstra trials 5G mobile phone technology that could be up to eight times faster than 4G
  Trial marks the next step in 5G in Australia, as telco prepares to build a higher-speed network across the country in 2021
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  BA planning to rehire sacked staff on worse terms, union says
  Unite accuses airline of using coronavirus crisis as cover for betraying its workforce
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  German court rules against Volkswagen in 'dieselgate' scandal
  Carmaker must pay compensation to motorist who bought minivan fitted with emissions-cheating software
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  Bangladesh clothing makers say Philip Day owes them £27m
  Manufacturers say they will halt production unless Edinburgh Woollen Mill pays up
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  Qantas loses bid to use jobkeeper subsidy to soak up larger portion of wages bill
  Fair Work rules it unreasonable to pay manager just $3,000 a month – subsidy level – while gaining benefit of his work
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