COVID-19 Business News

Crowdfunding graphic

SMEs ‘turn to crowdfunding to fuel growth out of the pandemic’

SMEs ARE more likely to choose non-traditional ways of accessing capital, including crowdfunding (32 percent) or offering investment opportunities to employees (30 percent), than...
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...
British Airways

Quarter of BA jobs going: 12,000 staff members face the axe

BRITISH Airways says it will be forced to make up to 12,000 staff redundant because of the global collapse of air travel. CEO Alex Cruz...
Business concerns 2022

Rising inflation is top concern of small businesses for 2022

Research by lender iwoca has unearthed some concerns for business in 2022 WITH rising inflation predicted by the Bank of England and the threat of...
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...
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...
Treasure Chest

Fundraising innovation for charity shops during pandemic

BRITAIN’S charity shops are facing revenue losses of up to £28m for each month of lockdown, according to the Charity Retail Association. Vintage Cash Cow...
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...
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...
Farmed mink in cage

Covid mink stole the future of the despised fur industry

by Hal Williams THE EUROPEAN fur industry is reeling — to the dismay of fashion victims and the relief of animal rights supporters. Denmark's mass culling...