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Big Oils Huge Losses Raise Prospect of Megamergers

Rise of clean energy and doubts about long-term demand force existential reckoning for oil majors.

The plans are tentative because the company aims to thrash out an agreement with unions.

The couple paid themselves the sum despite heavy losses at Mrs Beckham's fashion brand.

New data predicts that around 200,000 UK retail jobs could be lost this year, with the first half of 2021 looking much the same as 2020.

Nearly 180,000 retail jobs were last year, up by almost a quarter on the previous year, analysts say.

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