COVID-19 Business News

Shaking hands with blue latex gloves (Image by rawpixel.com)

PPE glove manufacturer to shut half its plants as Covid hits

By Hal Williams IN A BLEAK Covid irony, the world's largest manufacturer of personal protection latex gloves will shut 28 of its factories — because...
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...
UNCTAD logo

Shipping data points to a rebound in world trade: UNCTAD report

THE NUMBER of ships pulling into ports to unload and load containers rebounded in many parts of the world in the third quarter of...
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...
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...
Tesco Colney Hatch by Michelle Davies

A crazed new world: coronavirus, paranoia, and Zombie Apocalypse shopping tips

By Hal Williams YOU WALK into the supermarket, intending to just pick up a few things, and wha…. ? The place is swarming. Shelves are...
Insolvency - letter cubes

Corporate insolvencies as pandemic restrictions fade

By PATRICE CROSBOURNE THE UK Government Insolvency Service has released statistics for corporate insolvencies in England and Wales for May 2022. An increase in corporate insolvencies...
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...
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...
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...