Gordon Brown calls for urgent budget help as 1 in 7 UK firms face collapse

Ex-PM calls for Treasury to get ahead of Covid crisis as LSE report warns 1m firms could fail by spring putting 2.5m jobs at risk Gordon Brown has called for … Read More

Caught between China and the US, the pressure for HSBC to split grows | Nils Pratley

Chief executive Noel Quinn opines unconvincingly about staying out of politics, but it’s not that simple HSBC denies taking political stance in Hong Kong Noel Quinn, chief executive of HSBC, … Read More

Asset manager BlackRock threatens to sell shares in worst climate polluters

Firm commanding £6tn in assets vows to support net-zero carbon pledge amid pressure to divest from fossil fuels BlackRock has said it will threaten to sell its shares in the … Read More

UK jobless rate hits 5%; redundancies reach record high – business live

UK unemployment rate rises to four-year high; IMF releases its World Economic Outlook later 7.27am GMT Good morning, and welcome to our rolling coverage of the world economy, the financial … Read More

Boohoo snaps up Debenhams for £55m; Asos in exclusive talks to buy Topshop – business live

Rolling coverage of the latest economic and financial news as online retailers swoop in on two of Britain’s major high street brands 8.28am GMT The World Economic Forum’s annual meeting … Read More

Netflix still several steps ahead in strategy for wooing subscribers

Many thought the streaming service would come unstuck with its debt-fuelled growth, but the pandemic changed all that Only Frank Underwood could amass as much power in such a short … Read More

Summer holidays cancelled? UK faces big decision on border

Stricter controls appear likely, with government’s approach in stark contrast to that during first Covid wave Coronavirus – latest updates See all our coronavirus coverage Slumped on the sofa after … Read More