COVID-19 Business News

Crowdfunding graphic

SMEs ‘turn to crowdfunding to fuel growth out of the pandemic’

SMEs ARE more likely to choose non-traditional ways of accessing capital, including crowdfunding (32 percent) or offering investment opportunities to employees (30 percent), than...
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...
Insolvency - letter cubes

Corporate insolvencies as pandemic restrictions fade

By PATRICE CROSBOURNE THE UK Government Insolvency Service has released statistics for corporate insolvencies in England and Wales for May 2022. An increase in corporate insolvencies...
Business concerns 2022

Rising inflation is top concern of small businesses for 2022

Research by lender iwoca has unearthed some concerns for business in 2022 WITH rising inflation predicted by the Bank of England and the threat of...
Covid, downward graph, pandemic debt concept

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...
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...
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...
CitySprint van

Stand and deliver: CitySprint puts out a call for new drivers

UK SAME-DAY distribution company CitySprint is looking for 600 couriers with small or large vans — across the country. They will join the 3,500 vans,...
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...

UK faces ‘productivity collapse’ as remote workers admit they do less

BRITAIN’S economy is on the brink of a productivity collapse, with homebound workers admitting they get away with an average of two hours and...