COVID-19 Business News

Thomas Cook shop

Firm that snapped-up troubled Thomas Cook is facing job cuts

THE COMPANY that bought-up 2,000 defunct Thomas Cook shops last October has warned that almost 900 of its staff may lose their jobs. Hays Travel...
Gold bars

Selfless gesture: world’s super rich calling for higher taxation

SOME of the richest people on the planet want higher taxes on themselves and their peers to aid economic recovery from the Covid-19 crisis. A...
Studenteer logo

Student initiative aims to enhance training opportunities during crisis

A UK COMMUNITY initiative connecting furloughed workers with volunteer opportunities has launched a parallel initiative for students and graduates. Studenteer is a sister project of...
shop door, open sign

A nation of shopkeepers? Entrepreneurs, more like!

ENTREPRENEURIAL Britain is a two-day initiative planned for 2021 and designed “to reignite the entrepreneurial spirit” of UK towns and cities. The outbreak of Covid-19...
Crowdfunding graphic

SMEs ‘turn to crowdfunding to fuel growth out of the pandemic’

SMEs ARE more likely to choose non-traditional ways of accessing capital, including crowdfunding (32 percent) or offering investment opportunities to employees (30 percent), than...
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...
Hands, calculator, paperwork

Bid to ease virus impacts on cash flow ‘flawed’ — CEO

THE UK government’s proposed Coronavirus Business Interruption Loan Scheme (CIBLS) is coming in for some criticism. HM Treasury and the Bank of England last week...
CitySprint van

Stand and deliver: CitySprint puts out a call for new drivers

UK SAME-DAY distribution company CitySprint is looking for 600 couriers with small or large vans — across the country. They will join the 3,500 vans,...
Roaring Twenties

Roaring ’20s, take two: Life returns to the high street

AS THE pandemic’s disruption fades, new patterns in consumer behaviour are taking shape. Increases in spending at the start of this year, coupled with the...
Luxury resort, pool, sea, palm tree

The birth of the travel subscription model

By DANA DUNNE THE SIGNIFICANT increase in subscription spending during the pandemic has caught the attention of businesses across the globe. In fact, according to...