loss-making

Ofcom said making changes to second class deliveries could save the loss-making Royal Mail between £250m and £425m.

The entrepreneur said: "The decision to close the loss-making Chesterfield store was taken by the administrators in preparation for the sale of the business to us."

Men are buying more from Lidl’s middle aisle, its UK boss has said as the supermarket returned to profit after a loss-making year.

Under the plan, 115 loss-making branches wholly owned by the Post Office could be closed.

Air India has essentially been “suckered into taking a loss-making airline” in a desperate move, he added.