COVID-19 Business News

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...
Zoom conference call on laptop

Pandemic policies linger on — and ‘hurt workers’

RESEARCH shows 59 percent of workers in “deskless” industries — manufacturing, care, construction, and retail — believe the negative effects of the pandemic are...
Gold bars

Selfless gesture: world’s super rich calling for higher taxation

SOME of the richest people on the planet want higher taxes on themselves and their peers to aid economic recovery from the Covid-19 crisis. A...
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...
Disney+ Booth And Signage D23 Expo 2019

Streaming services basking in unprecedented demand from a currently ‘captive’ audience

IT'S AN ILL wind that blows no good, and Disney Plus is on the sweet end of a compensatory breeze from the pandemic. The video...
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...
Tyne Bridge, Newcastle-upon-Tyne

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...
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...
Illustration: Businessman holding tablet with barchart

The route to profitability — in times of pandemic

ASHLEIGH HINDE, CEO and founder of contact lens company Waldo, on the difficulty of balancing the people, payments and profits equation during tough times WITH...
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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...