COVID-19 Business News

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...
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...
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...
Tablet showing graphs, technology, fintech

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...
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...
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...
coronavirus, masks

World Bank commits £9.4bn aid to help poor countries fight virus

THE WORLD Bank has committed $12bn (£9.4bn) to help developing countries cope with the spread of coronavirus. The aid package includes technical assistance as well...
Business closed

Relief for small firms as rent moratorium runs until 2022

THE FEDERATION of Small Businesses (FSB) has welcomed the extension to a moratorium on commercial tenant evictions in England until March 25 next year. FSB...
Spanish property market, €3m plus house

Dream is alive, but the landscape has changed for UK second-home...

The pandemic pain in Spain falls mainly on the lower end of the property market — but, as HAL WILLIAMS discovers, international second-home owners...
King's College London

King’s Business School co-ordinates study for embattled entrepreneurs

KING’S Business School in London is calling on entrepreneurs worldwide to participate in a study to help business owners survive the COVID-19 crisis. With livelihoods...