David Cameron made about $10m (£7m) from Greensill Capital before the finance firm he lobbied on behalf of collapsed, according to the BBC. Panorama said it had obtained documents showing the former prime minister received the sum from cashing in shares he held in the company worth $4.5m (about £3.3m) in 2019, in addition to an annual salary of $1m (£720,000). – Guardian
Lord Rothermere has agreed an extension until the end of September to the deadline to make an £810m bid to take the parent company of the Daily Mail private. The Rothermere family, which controls a 30% stake in Daily Mail and General Trust, originally had until 9 August to make a so-called “put up or shut up” (PUSU) offer for the business, in a move that would end its 90-year run as a publicly listed company on the London Stock Exchange. – Guardian
Civil servants who refuse to return to the office could have their pay cut under plans being considered by some government departments. Mandarins face being stripped of “London weighting” – a salary top-up worth £4,000 to offset the high costs of living in the capital – if they resist a partial return to the workplace. – Telegraph
Australia’s unravelling “zero Covid” strategy will cost its economy more than £500m every week of lockdown as analysts warn restrictions in some of its most populous states could last until October. Forecasters warned that renewed lockdowns and the glacial pace of its vaccination programme will trigger a sharp drop in GDP in the third quarter as Delta cases threaten to explode. – Telegraph
One of Britain’s biggest leisure club operators has bounced back to pre-pandemic membership levels seven months earlier than its forecasts. David Lloyd Leisure said the number of members had recovered to 660,000, from 574,000 at the lowest point, on the back of pent-up demand and the suburban locations of its clubs. – The Times
