“The meetings in question were primarily about broadening the scope of CCFF [Covid Corporate Financing Facility] to enable access for providers of supply chain finance, which – following a call for evidence and discussions with several other firms within the sector – we decided against and informed the businesses concerned.”
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HSBC to accelerate restructure plan to slash costs
admin, , Business, 0
“These were promising results against a backdrop of the continuing impacts of Covid-19 on the global economy. I’m pleased...
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Gap to close all 81 stores in UK and Ireland
admin, , Business, 0
Gap blamed what it described as market dynamics – in other words, the huge shift to internet shopping. It’s...
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Sheryl Sandberg to leave Facebook after 14 years
admin, , Business, 0
“However, Facebook also faced huge scandals under her watch, including the 2016 election, the Cambridge Analytica privacy debacle in...
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Final cost-of-living payment to be paid out
admin, , Business, 0
“Our data shows that the cost-of-living payments do offer some respite to people, but this is short lived. Historically...
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The women-only co-working spaces fighting to survive
admin, , Business, 0
Bonnie Lister Parsons, founder of SOS Dance Global, a digital platform that teaches women how to dance, is a...
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Secret papers show Post Office knew case was false
admin, , Business, 0
Tim Parker, the Post Office’s chairman at the time of the draft report, also told the BBC via his...
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Abercrombie & Fitch launches investigation into ex-CEO sexual misconduct claims
admin, , Business, 0
Alex, a straight man then in his 20s, said he was auditioned by Mr Jacobson, who praised his dancing...
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China: Evergrande shares rise as Hong Kong trading resumes
admin, , Business, 0
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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