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British AI drug developer Exscientia to unveil £50m injection
A British company which uses artificial intelligence to discover new drug molecules has turned to one of the world’s top life sciences investors to lead a near-£50m capital injection.
Coronavirus: 'Strategically important' companies could receive government bailouts
Strategically important companies will be able to receive government bailouts on a "last resort" basis, it has been revealed.
Coronavirus: Virgin Atlantic lenders brace for restructuring hit
Lenders to Virgin Atlantic Airways have drafted in City advisers as they brace for the impact of a restructuring of Sir Richard Branson's flagship company.
Coronavirus: JLR seeks state loan to overcome crisis
Britain's biggest carmaker is in talks with Whitehall about a massive taxpayer support package as the coronavirus pandemic continues to wreak havoc across manufacturing industries.
Coronavirus: Lockdown turning Britons against fast fashion - but will it last?
Lockdown is causing customers to turn against "fast fashion" - with 35% of women saying they intend to buy fewer items in the future, according to a new report.
Coronavirus: Shearings collapses with loss of 2,500 jobs
The owner of Shearings, the coach holidays provider, has crashed into administration, resulting in the immediate loss of 2,500 jobs and thousands of customers' holidays being cancelled.
Coronavirus: UK's quarantine plans criticised by aviation industry
The aviation industry has criticised plans for a 14-day quarantine for people arriving in the UK from overseas.
Coronavirus: Split three-day week proposed to get UK economy out of COVID-19 crisis
A split three-day week with workers separated into two different teams should be considered as part of the economic recovery from the COVID-19 crisis, a report has urged.
Coronavirus: Ikea to reopen 19 stores with social distancing measures in place
Homeware chain Ikea is set to reopen 19 stores across England and Northern Ireland with social distancing measures in place.
Coronavirus: Record government borrowing in April as UK tackles COVID-19 crisis
The government borrowed a record amount in April, adding £62.1bn to the country's budget deficit.