COVID-19 Business News

Businessman in handcuffs. Covid scheme fraud illustration

Lengthy bans for directors who fiddled Covid scheme

AN AVERAGE of 35 directors are being banned by the UK Insolvency Service each month for abusing the Covid Support Scheme. That’s almost treble the...
Disney+ Booth And Signage D23 Expo 2019

Streaming services basking in unprecedented demand from a currently ‘captive’ audience

IT'S AN ILL wind that blows no good, and Disney Plus is on the sweet end of a compensatory breeze from the pandemic. The video...
2019 Mercedes F1 car

Coronavirus co-operation across sectors comes up with promising equipment

THE MERCEDES F1 team is an unlikely player in the medical field, but it has had a major role in the development of a...
EU flag coronavirus graphic

Fresh EU coronavirus recovery package has detractors up north

EU HEADS have agreed to set up a €540bn post-pandemic recovery fund, tied to the EU’s seven-year budget. European Council president Charles Michel, who chaired...
Parties prohibited

It just had to happen: virtual office party coming your way

PUSH, a wellbeing and performance company, has announced an alternative to the traditional office party, with a very 2020 twist. After a year that has...
Working from home, working in office

Home or office? Future is hybrid, say HR heads

MOST HR professionals — 65 percent of them — believe workers will divide their time between office and home after pandemic restrictions have been...

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...
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...
Rishi Sunak, UK Chancellor

Mixed but generally positive responses to Sunak’s revised support package

By HAL WILLIAMS THE UK government’s new package of measures to support businesses through to March 2021 has met with differing responses from the business...
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...