COVID-19 Business News

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...
An empty office

Covid hits workplace relationships — and productivity takes a knock

COVID-19’S impact on employer-employee relationships is hampering productivity, a report claims. MetLife UK found that 72 percent of employers and 62 percent of employees have...

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...
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...
Tesco Colney Hatch by Michelle Davies

A crazed new world: coronavirus, paranoia, and Zombie Apocalypse shopping tips

By Hal Williams YOU WALK into the supermarket, intending to just pick up a few things, and wha…. ? The place is swarming. Shelves 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...
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,...
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...
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...
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...