COVID-19 Business News

Friyay, neon sign, TGIF, thank god it's friday

TGIF, right? Hybrid- and home-working add flavour to Fridays

FRIDAYS may be everyone’s favourite weekday, but the last day of the working week sees 15 percent less business activity than Mondays to Thursdays. As...
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...
People meeting around table in office with biophilic design

Boutique offices are the new trend

By JOHN DROVER THE JLL Future of Work survey found that 75 percent of commercial real estate leaders believe that flexible working patterns are critical...
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...
Skyscrapers with aircraft in sky

Job-swap hope for airline workers — but misery for EasyJet staff

By Hal Williams IN A WEEK where EasyJet announced plans to cut up to 30 percent of its employees to save costs, home healthcare company...
Oil tanker at sea, platform in background

Oil price hits negative territory, Virgin ailing, firms need wage aid

CORONAVIRUS infections are dropping in many countries, but corporate and financial impacts are increasingly being felt. Virgin Australia is going into administration, the US oil...
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...
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...
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...
Thomas Cook shop

Firm that snapped-up troubled Thomas Cook is facing job cuts

THE COMPANY that bought-up 2,000 defunct Thomas Cook shops last October has warned that almost 900 of its staff may lose their jobs. Hays Travel...