COVID-19 Business News

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...
Female speaker, training class, skills gap

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...
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...
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...
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...
Dad working from home, flexible working

Engineering firm funds research into lasting flexible work systems

BUILDING and civil engineering company Sir Robert McAlpine has funded a study using first-person accounts to provide employers with “more than stats” on the subject of...
UK Government loan

Covid-19 loan schemes ‘a debt, not a grant’ cautions UK Finance

UK BUSINESSES are pessimistic about their growth potential once the COVID-19 crisis passes. A survey of 1,200 firms has found that the pandemic has negatively...
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...
wages, salary, furlough

Employers welcome UK government decision to extend furlough scheme

By Hal Williams A DECISION to extend the British government’s furlough programme has been met with relief by UK employers. The Chancellor of the Exchequer, Rishi...
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...