COVID-19 Business News

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...
Man working from home, video conference, Zoom

Gift from the pandemic: fresh ways of working and communicating

Flexibility contributes to gender equality in the workplace — without affecting your bottom line By RAE MORGAN STATISTICS brandished by companies as proof of progress in...
Thomas Cook shop

Firm that snapped-up troubled Thomas Cook is facing job cuts

THE COMPANY that bought-up 2,000 defunct Thomas Cook shops last October has warned that almost 900 of its staff may lose their jobs. Hays Travel...
Movement to Work logo

Senior leaders call on UK business owners ‘not to fail young...

NEARLY one year on from the first lockdown, more than one in 10 young people have lost their jobs, with the number of 16...
Roaring Twenties

Roaring ’20s, take two: Life returns to the high street

AS THE pandemic’s disruption fades, new patterns in consumer behaviour are taking shape. Increases in spending at the start of this year, coupled with the...
Tablet showing graphs, technology, fintech

As everything falls apart, UK tech sector shows resilience

THE UK’S fastest-growing sector, the tech industry, will maintain resilience despite the Covid-19 outbreak. That optimistic claim follows analysis from recruitment firm Robert Walters. In...
Video conference

Free counselling for workers fearing anew for future of their jobs

PUSH, a UK wellbeing and performance company, will be offering free one-to-one mental health support sessions to those struggling with the challenges of coming...
Euro bank notes

ECB launches new aid package to soothe effects of pandemic

By HAL WILLIAMS THE EUROPEAN Central Bank has launched a €750bn emergency package to buy government and company debt across the eurozone. The temporary purchasing scheme...
Online Banking, Laptop

Banks ramp-up tech recruitment following pandemic — retail banking ‘may disappear’

The advance of digital currency is one thing, but the swiftness by banks to incorporate tech roles is another ANALYSTS predict online banking penetration in...
Cybercrime costing millions as hackers ramp-up attacks

Cybercrime is costing UK companies millions as hackers ramp-up attacks

Studies reveal worrying trends as platforms go out-of-date and cyber attacks increase. HAL WILLIAMS reports. SMALL businesses in the UK are targeted by up to...