COVID-19 Business News

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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...
Business closed

UK firms on cliff edge as crisis continues, distress tracker reveals

MORE than a half-a-million UK businesses are facing a high risk of insolvency, and 250,000 may not survive another month without a change to...
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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...
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Is your business metaverse-ready..?

By PETER GOULD The long awaited New Normal brings with it challenges and changes that are having immediate and profound effects on business. Many industries were...
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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...
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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...
British Airways

BA chief ejected as airline navigates Covid turbulence

AILING British Airways has announced a decision to remove Alex Cruz from his position as chief executive. His place will be taken by Aer Lingus...
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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...
Fraud Alert - internal audit

Internal auditors ‘strategic advisers’ on online fraud

DATA AND tech company Kroll has issued a report on the changing role of internal audit in fraud risk-management since the start of the...
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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...