It has also benefitted from an additional £25m in wage support from other countries where it operates. JD Sports was also provisionally granted an emergency £300m loan from the Bank of England, although the company points out that it was, in the end, not needed and never accessed.
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Business insolvencies rise as government aid wanes
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The number of firms going bust in September was at its highest since March 2020.
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Oil cartel leader warns of prolonged high prices
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Brent crude, a benchmark for prices, breached $95 a barrel on Tuesday amid predictions of shorter supplies, with fears...
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HSBC reopens mortgage offers after criticism from brokers
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Five ways to save money on your packed lunch
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China: Evergrande shares rise as Hong Kong trading resumes
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The announcement also addressed concerns about the firm’s financial position: “With regard to the company’s current liquidity situation, the...
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Mike Ashley thinks luxury Flannels shops ‘bonkers’
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Mr Murray, 33, is married to Mr Ashley’s eldest daughter Anna. Before he took over as CEO last year,...
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Ryanair boss O’Leary says the era of €10 flights is over
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As airfares have become cheaper in recent decades, the number of flights taken has risen, with more people taking...
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Accountancy giant KPMG to recruit more working class staff
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The UK ranks 21st on a global social mobility index, well behind most European countries. It has a high...
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