LATEST BUSINESS NEWS

Lorries parked on the M20 near Folkestone

Stock markets and sterling take heavy hit over Covid-19 and Brexit fears

Banknotes and coins

FCA fines Charles Schwab £9m for inadequately protecting customer assets

Lorries parked in Kent

Border issues could cause gaps on supermarket shelves, Sainsbury’s warns

Flags of the EU and Britain fly together

Cabinet minister Shapps rules out extension to Brexit transition period

A Sports Direct store sign

Frasers Group issues profit warning over Tier 4 shutdown

A model wearing Boohoo clothes

Boohoo hires PKF Littlejohn as new auditor to replace PwC

Co-operative Bank

Takeover talks conclude without a deal for Co-op Bank

A GWR train

Rail and coach passengers to have cancelled Christmas bookings refunded – Shapps

The Vodafone logo on a smartphone

Vodafone terminates talks to sell 55% stake in Egypt business

Shell sign

Shell expects write-down of up to £3.4bn

Sir Philip Green

Plus-size brand Evans saved from Arcadia collapse in £23m deal

Brexit

UK firms ‘face £34bn VAT bill’ for transporting goods across EU countries

Lorries at the port of Dover

Hauliers urged to avoid Kent ports after France closes border

Brexit

France-UK border closure halts Dover ferry traffic and rail services

Rishi Sunak

UK borrowing set to jump as more workers furloughed amid second lockdown

Workers pack away chairs outside a bar in Soho

Government urged to publish list of companies signed up to furlough scheme

Boxing Day sales

Scotland’s post-Christmas lockdown may cost shops £135m per week, SRC says

Coronavirus – Sat Dec 19, 2020

Retailers ‘staring into the abyss’ following new Tier 4 restrictions