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...
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,...
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...
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...
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...
UN SDG9 Industry, Innovation and Infrastructure

SDG9: What a difference a president makes: Biden clears way for...

BV’s JASON AGNEW continues his series examining the background, implementation and ambitions of the UN’s Sustainable Development Goals with SDG9 — Industry, Innovation and...
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...
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...
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...
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...