Fidelity Top Stories
Government to top up wages of 'viable' jobs when furlough scheme ends
The government will look to stave off a potential wave of redundancies this autumn by topping up the wages of "viable jobs" when the furlough scheme comes to the end, Chancellor Rishi Sunak announced on Thursday.
Facebook Oversight Board to launch for US election
The Facebook Oversight Board said it plans to launch ahead of the US presidential election in November to monitor political content on the platform.
US jobless claims little changed, some economists say jobs market stalling
The pace of improvement in US jobless claims slowed last week, government data showed on Thursday, as America's labour market looked to have stalled.
DFS tumbles into the red but remains upbeat for the current year
DFS Furniture revealed it had swung to an annual loss after Covid-19 temporarily closed its operations – but said the current year had started strongly as consumers, after months spent at home, splashed out on new sofas.
Tesco CEO calls on retailers and governments to reduce food waste
Tesco CEO Dave Lewis said that companies and governments should take advantage of the opportunity the global pandemic has provided to tackle food waste as focus on global supplies increases.
France business confidence jumps in September despite new Covid surge
French business confidence has continued to recover, with the industrial sector showing a better-than-expected improvement in September, according to a survey released on Thursday.
Ryanair's O'Leary warns of large job losses due to 'shambolic' UK Covid policy
Britain’s aviation and tourism industries faced massive job losses unless the government provided more support and eased travel restrictions, Ryanair chief Michael O'Leary said on Thursday.
Avon Rubber wins $93m US army helmet contract
Avon Rubber said it had won a new sole-source contract worth up to $93m (£73. 2m) to develop and supply the US army with new helmets.
United Utilities sees H1 loss on lower revenue, higher renewables spending
United Utilities forecast lower profits for the half year as it felt the impact of lower revenue and slightly higher renewables spending.
Mitchells & Butlers LFL sales down 3.1%
Harvester and All Bar One owner Mitchells & Butlers said like-for-like sales had fallen 3. 1% as it warned of a “challenging and uncertain” future after the UK government imposed new Covid-19 restrictions on the hospitality industry.