COVID-19 Business News

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...
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...
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...
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...
Four Horsemen of Apocalypse, by Viktor Vasnetsov

A menace by any other name: the ‘equaliser’ that just isn’t

By William Roman COVID-19 and coronavirus are the most common names for it, but some sociologists and economists are tentatively hailing the virus as the...
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...
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...
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...
Luxury resort, pool, sea, palm tree

The birth of the travel subscription model

By DANA DUNNE THE SIGNIFICANT increase in subscription spending during the pandemic has caught the attention of businesses across the globe. In fact, according to...
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...