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Coronavirus: Providence stages cash call for West End theatre giant Ambassador
The owner of some of the West End's most historic theatres is staging a £50m cash injection into the business amid uncertainty about the recovery prospects for Britain's entertainment industry after the COVID-19 pandemic.
Woodford investors in line for £225m from biotech sale
A portfolio of 19 life sciences company stakes accumulated by Neil Woodford, the former star fund manager, will be sold on Friday to an American buyer for just under £225m.
Coronavirus: Airlines among businesses given Bank of England bailouts
Airlines, transport and travel companies and car manufacturers are among the largest recipients of emergency funding under a Bank of England scheme that reveals the scale of the financial damage caused by coronavirus in the UK.
Coronavirus: We can supply two billion potential vaccine doses, AstraZeneca says
British pharmaceutical company AstraZeneca says it now has capacity to deliver two billion doses of its potential coronavirus vaccine over the next two years.
Coronavirus: British Airways owner burning '£178m of cash a week'
British Airways (BA) has told staff its parent firm is burning through £178m of cash a week and the airline does not have "an absolute right to exist" as a row with unions intensifies.
Coronavirus: Ask and Zizzi owner explores sale amid downturn
The owner of the ASK Italian and Zizzi restaurant chains is exploring a sale of the company as Britain’s hospitality industry battles to survive the effects of the coronavirus pandemic.
Coronavirus: Cost of COVID-19 response rises to £132.5bn - OBR
The cost of the government's coronavirus policies has risen to £132.5bn, according to the Office for Budget Responsibility.
Coronavirus: Eurozone stimulus bolstered through expanded bond-buying
The European Central Bank (ECB) has expanded its coronavirus bond-buying programme by €600bn to €1.35trn (£1.2trn) as the single currency area faces the worst recession in its history.
Coronavirus: Lookers eyes 1,500 job losses as it closes 12 more dealerships
Lookers, the car dealership chain, plans to cut almost a fifth of its workforce under a cost-saving plan after the coronavirus crisis exacerbated a slump in sales.
Coronanvirus: Aston Martin plans to cut 500 jobs under turnaround plan
Aston Martin Lagonda has announced plans to cut up to 500 jobs as the luxury carmaker gears up for a turnaround plan aimed at restoring profitability amid plunging sales.