Ministers to hold crisis talks on whether to support Flybe rescue deal

Chancellor Sajid Javid will meet with Andrea Leadsom and Grant Shapps to decide whether to save Flybe (Picture: Getty/Reuters) Sajid Javid is set to hold crisis talks with ministers over the future of British airline Flybe, which could collapse if a rescue deal can’t be made. The Chancellor of the Exchequer will discuss with Government officials whether to defer a £100 million tax payment until 2023, reported Sky News. Business Secretary Andrea Leadsom and Transport Secretary Grant Shapps will meet Mr Javid on Tuesday to decide whether to support the…

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Mothercare disappears from the high street after almost six decades

All 79 stores have now closed (Picture: Getty) The final Mothercare stores still open have closed down today, meaning the chain has disappeared from the high street after 59 years. All 79 of its stores across the UK have now shut, leading to 2,500 job losses across the country. The baby product chain has slashed prices since the start of December to clear stock, with special offers including a baby Stroller selling for £69.99 instead of £334.95. Customers were unable to access the company’s website but were urged to visit…

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After 5pm today your boss will have made more money than you earn in a year

FTSE 100 bosses need only to work until 5pm on Monday to pocket the average worker’s annual salary (Picture: Getty Images/iStockphoto) Chief executives of the UK’s leading firms earn 117 times the annual salary of their average employee, according to research. FTSE 100 bosses only need to work until 5pm today to make the same amount as the typical worker will for the whole year. The Chartered Institute of Personnel Development (CIPD) and High Pay Centre think tank said the average executive took home £3.46 million in 2018 – equivalent…

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