COVID-19 Business News

Chancellor of the Exchequer, Autumn Statement

Sunak’s Budget brings relief to many – with a few misgivings

By HAL WILLIAMS THE BRITISH chancellor Rishi Sunak has announced the 2021 Budget, with pledges to help recovery from the Covid pandemic. The support package for...
wages, salary, furlough

Employers welcome UK government decision to extend furlough scheme

By Hal Williams A DECISION to extend the British government’s furlough programme has been met with relief by UK employers. The Chancellor of the Exchequer, Rishi...
Four Horsemen of Apocalypse, by Viktor Vasnetsov

A menace by any other name: the ‘equaliser’ that just isn’t

By William Roman COVID-19 and coronavirus are the most common names for it, but some sociologists and economists are tentatively hailing the virus as the...
Samsung phone

Samsung sees jump in Q2 profits thanks to remote working trend

SAMSUNG Electronics earnings have been boosted by the work-from-home boom. The world’s largest smartphone manufacturer announced Q2 operating profits up 23 percent compared with last...
Tyne Bridge, Newcastle-upon-Tyne

Northern England in reverse: ‘14 years of growth may be lost’

REGIONS in the North of England could lose up to 14 years of growth in the wake of the pandemic, a study warns. The North...
Rishi Sunak, UK Chancellor

Latest UK government scheme adds ‘bounce’ for businesses

CHRISTINA NAWROCKI explains the most recent UK initiative to support small businesses left floundering by the pandemic UK CHANCELLOR of the Exchequer Rishi Sunak recently...
Friyay, neon sign, TGIF, thank god it's friday

TGIF, right? Hybrid- and home-working add flavour to Fridays

FRIDAYS may be everyone’s favourite weekday, but the last day of the working week sees 15 percent less business activity than Mondays to Thursdays. As...
Diamond Light Source Macromolecular Crystallography

AI to the rescue? Oxford-based firm enters partnership to crack COVID-19

AN AI-DRIVEN drug-discovery company in the UK has entered a joint initiative to advance compounds that could treat COVID-19. Oxford-based Exscientia has teamed-up with Diamond...
Lazy office worker

Slackers! Back to work! And switch off that Netflix series!

EIGHT out of 10 Brits are working from home, but it has come to light that not all of them have their noses to...
Ukraine sunflowers field - Ukraine flag

Ukraine invasion could drive a recession and is crippling retail

Deloitte economist looks beyond the immediate tragedy of war to predict tough times ahead THE WAR in Ukraine has dramatically dialled up the risk of...