COVID-19 Business News

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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...
shop door, open sign

A nation of shopkeepers? Entrepreneurs, more like!

ENTREPRENEURIAL Britain is a two-day initiative planned for 2021 and designed “to reignite the entrepreneurial spirit” of UK towns and cities. The outbreak of Covid-19...
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...
Diamond Light Source Macromolecular Crystallography

AI to the rescue? Oxford-based firm enters partnership to crack COVID-19

AN AI-DRIVEN drug-discovery company in the UK has entered a joint initiative to advance compounds that could treat COVID-19. Oxford-based Exscientia has teamed-up with Diamond...
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...
Contactless payment with smartphone

Contactless ‘in-touch with wary consumers’ — cash ‘faring poorly’

CONTACTLESS spending could soon account for 47 percent of all transactions, according to research carried out by the Centre of Retail Research (CRR). It examined...
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...
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SMEs and the wolf at the door

By LUCY TROTT and KATIE PHILIPSON THROUGHOUT the pandemic, a steady stream of government support was made available to prop-up businesses. As we move towards a...
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Staffing association calls on UK government to address skills gap

LABOUR market data from the UK’s Office for National Statistics have elicited a welcome — and a caution — from the Association of Professional...
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...