COVID-19 Business News

UK faces ‘productivity collapse’ as remote workers admit they do less

BRITAIN’S economy is on the brink of a productivity collapse, with homebound workers admitting they get away with an average of two hours and...
SBA Paycheck Protection Program

Covid relief programme ‘looted by fraudsters’

UNITED States prosecutors are investigating “the largest fraud in US history” — billions of taxpayer dollars for coronavirus aid stolen and used to buy...
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...
People meeting around table in office with biophilic design

Boutique offices are the new trend

By JOHN DROVER THE JLL Future of Work survey found that 75 percent of commercial real estate leaders believe that flexible working patterns are critical...
Hybrid event, TED Talk

New Normal, old thrills: do hybrid events cut it?

By JOE SHEPPARD SLOWLY but surely, the world is spinning back into a familiar rhythm. The gradual return to the office is gathering pace. Theatres and...
Zara shop

Online push from Inditex as up to 1,200 stores to close

INDITEX, the Spanish owner of fashion and clothing stores Zara, Bershka, Pull & Bear and Massimo Dutti, will close up to 1,200 outlets around...
Tablet showing graphs, technology, fintech

Fintech funding key to keeping SMEs strong after end of loans

ONE OF Europe’s largest business lenders says the fintech industry must be strengthened to support SMEs after the Bounce Back Loan scheme closes at...
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...
Skyscrapers with aircraft in sky

Job-swap hope for airline workers — but misery for EasyJet staff

By Hal Williams IN A WEEK where EasyJet announced plans to cut up to 30 percent of its employees to save costs, home healthcare company...
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...