William Hill to shut 119 stores and repay £24m in furlough funds

The bookmaker William Hill has seen a fast recovery in takings after sports betting resumed, but announced it would not reopen 119 branches closed during the coronavirus lockdown. The group said it had redeployed the majority of staff at the branches that are closing and only 16 redundancies were expected. The latest closures, representing about […]

Sky sees £575m fall in revenue as sport is hit by Covid-19 lockdown

Sky has reported a $750m (£575m) plunge in revenues as more than 200,000 customers switched off in the second quarter while key content such as Premier League football postponed matches during the coronavirus pandemic. Sky, which is owned by US pay-TV giant Comcast, reported a 15.5% year on year fall in revenues from $4.8bn to […]

DraftKings extends deal with PGA Tour to become official betting operator

DraftKings' extension with PGA Tour gives the company rights to use PGA Tour trademarks and will have advertising options on PGA Tour platforms. DraftKings is enhancing its sports sponsorship portfolio as leagues continue to resume operations suspended due to Covid-19. The betting company announced it secured a deal with the PGA Tour that assigns DraftKings […]

The common finance questions Brits are most likely to struggle with

A survey of 2,000 UK adults revealed almost a third (31 percent) are confused when it comes to money and finances, with the meaning of AER and capital gains tax also leaving many scratching their heads. The difference between a money transfer and a balance transfer, what it means to be in negative equity and […]

TikTok's former CEO is now making investments on behalf of parent company ByteDance

Former TikTok chief executive Alex Zhu has been given the task of finding new companies for parent company ByteDance to invest in. Zhu cofounded the Musical.ly app that ByteDance acquired for up to $1 billion and re-branded as TikTok.  Alex Zhu, the former chief executive of TikTok, is now investing in new companies on behalf […]

How to get accepted into the University of Oxford's medical school — one of the top 10 best programs in the world — according to students and admissions consultants

The University of Oxford's medical school is ranked as one of the top 10 best medical programs globally. Students who've been accepted told Business Insider that you need to stand out academically but also show that you can think on your feet. The admissions board also rewards work experience in medicine, so 2020 graduate Gerald […]

Cramer's lightning round: I would just stay long Wex

It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. Teladoc Health: "It's one of those companies whose valuations have completely gotten stretched. That does not mean you need to sell, but I would prefer to see you […]

Treasury mulls plan to set up coronavirus toxic debt body to save UK small businesses

The Treasury is reviewing a “radical” proposal for a new state-owned body that would manage £35bn of toxic coronavirus debt and help save up to 780,000 British businesses. A City taskforce, the Recapitalisation Group, led by EY and the lobby group TheCityUK, is recommending that a government-owned UK Recovery Corporation be established to handle a […]