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Stelios Haji-Ioannou drops easyJet stake to just 15%

Sir Stelios Haji-Ioannou’s stake in easyJet, the budget airline that he founded in the mid-1990s, has fallen to below 16 per cent for the first time. Equity held by the Haji-Ioannou family has dropped to 15.2 per cent after it decided not to take part in the airline’s rights issue. EasyJet tapped shareholders for another £1.2 billion to help to fund its recovery from the pandemic....

Petrol crisis will last a month even if panic-buying stops, industry insiders say

Petrol stations face disruption for up to a month even if panic buying stops, industry figures have warned as the Army is set to start driving fuel tankers to petrol stations this week – despite Boris Johnson’s claim petrol panick-buying is ‘stabilising’. The Prime Minister was accused of a ‘half-baked’ response to the fuel crisis earlier tonight as he dismissed calls for key workers to...

Made in Britain: Virtual counselling business, MYNDUP

Joel Gujral explains how his personal experiences led him to start the mental health and wellbeing service, MYNDUP. Tell us about your business? Based in Epping Essex, I founded MYNDUP in February 2020 after I set out on a mission to help as many people in my situation as possible and to show the world that there is no single solution to mental health. The business has...

Investors take court action to recoup Woodford losses

Lawyers acting for investors who lost money in the collapse of Neil Woodford’s fund management empire have started court proceedings against Link Fund Solutions, the authorised administrator. Leigh Day said that it had issued a claim form on behalf of an initial group of 100 investors in Woodford Equity Income Fund (WEIF) to recover their losses. It has been instructed by more than 11,000 claimants...

Surviving to thriving: The digital transformation of SMEs

As a result of the pandemic, SMEs are investing increasingly more time and money in their digital transformation efforts. While some implemented digital capabilities for the first time as a matter of survival, others accelerated their journey to cloud adoption in order to remain nimble in light of ongoing disruption. As businesses look to adjust to the rapidly changing environment, Tech Amigos Director -Architecture Roddy Herries reveals these...

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