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Day: 27 March 2020

Tynecastle crisis

Hearts chief Budge threatens to suspend players’ wages

Ann Budge
Ultimatum: Ann Budge (pic: SNS Group) The Hearts wages saga has taken another twist with owner Ann Budge believed to have threatened to suspend the salaries of players who don’tRead More

King exits as chairman

Blow for Rangers as funding plans are ‘put on hold’

Rangers chairman Dave King
Impact: Dave King (pic: SNS Group) Fresh investment into Rangers has been stalled due to the ongoing coronavirus crisis, outgoing chairman Dave King has revealed. The 64-year-old broke the newsRead More

Decision on arts events

Verdict due on whether Festival takes place

Edinburgh Fesfival ticket-seller
Just the ticket: Festival makes millions for city (pic: Terry Murden) Talks are under way on whether the Edinburgh Festival should take place in August, with a decision likely nextRead More

Michelin pays wages

End of the road for tyre plant as virus forces early closure

Michelin Dundee
End of an era: plant will close early Tyre production at the Michelin plant in Dundee has come to a premature end as a result of the coronavirus pandemic. TheRead More

Supermarket roles filled

Co-op fills 5,000 job vacancies in less than a week

coop
Shelves need replenishing more often The Co-op has filled all of 5,000 temporary vacancies less than a week after announcing the recruitment drive. It joined other supermarket chains in a campaignRead More

Friday update

Daily Business Live: Wall St slumps; virus hits Cabinet

Matt Hancock
10pm: Markets Wall Street ended a three-day winning run by tumbling into negative territory to end another tumultuous week for investors. Even after the House of Representatives approved a $2.2Read More

Print declines

Newspaper sales plunge 30% as virus closes outlets

Newspapers
Plunging sales: virus has halted sales of papers Sales of national newspapers are said to have fallen by as much as 30% since the start of the government-imposed coronavirus lockdown.Read More

Business rates boost

Rates bonus for cafes, shops and aviation as Chiquito closes

Cafes and bars get full rates relief Restaurants, pubs, cafes, shops and cinemas will have no rates to pay for the whole of the next financial year as part ofRead More

Call to protect system

Pressure mounts on banks to scrap £7.5bn dividends

Bank of England
The Bank of England has been asked to act The Bank of England is under pressure to order Britain’s banks not pay out £7.5 billion of dividends to protect theRead More

Tycoon contrite

Ashley ‘sorry’ for store opening plan, offers fleet to NHS

Mike Ashley Sky vid
Mike Ashley: poor communication Mike Ashley, majority owner of Frasers Group, has apologised for planning to open Sports Direct stores immediately after the Prime Minister asked shops to close. TheRead More