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BUSINESS

Virgin Atlantic flying ‘almost empty’ planes as coronavirus hits demand

Virgin Atlantic has admitted flying planes that are “almost empty” in order to keep take-off and landing slots despite demand plummeting due to the...

‘Black Monday’ for traders as FTSE 100 collapses more than 8%

Billions was wiped off the UK’s leading share index as an all-out oil price war between Saudi Arabia and Russia sent stock markets across...

Fall in oil prices mirrored as Asian stocks tumble

Asian stock markets have fallen sharply reflecting a downturn in global oil prices. There are fears a global economy weakened by the coronavirus outbreak might...

Brexit perfect opportunity to ban supertrawlers from UK waters, say campaigners

Brexit is a “perfect opportunity” to take back control of British waters and oust “monster” supertrawlers for good, campaigners in the UK say. The controversial...

Virgin Media breach allegedly linked customers to pornographic content

An insecure Virgin Media database that left personal details accessible to unknown parties allegedly contained information linking customers to pornographic sites. Virgin Media apologised for...

Frederick Barclay confirms £1bn approaches to sell the London Ritz hotel

Frederick Barclay, the billionaire co-owner of the London Ritz Hotel, says he has received competing bids to buy it for more than £1 billion. Mr...

Stocks jump after US Federal Reserve makes emergency rate cut

The US Federal Reserve will cut interest rates by half a percentage point in its first emergency rate cut since the Great Recession in...

Spike in number of UK supermarkets offering electric vehicle chargers

The number of UK supermarkets offering electric vehicle (EV) charge points has doubled in the past two years, according to new research. Some 313 stores...

Volkswagen agrees to payouts for Germans who sued over emissions scandal

German car giant Volkswagen has agreed to pay €830m (£709m) in damages to hundreds of thousands of customers whose diesel cars were outfitted with...

FTSE 100 on track for worst week since 2008 financial crisis in market bloodbath

London’s main index was on course for its worst week since the depths of the financial crisis as markets opened down by 3.7% on...

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