COVID-19 Business News

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Fresh EU coronavirus recovery package has detractors up north

EU HEADS have agreed to set up a €540bn post-pandemic recovery fund, tied to the EU’s seven-year budget. European Council president Charles Michel, who chaired...
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It just had to happen: virtual office party coming your way

PUSH, a wellbeing and performance company, has announced an alternative to the traditional office party, with a very 2020 twist. After a year that has...
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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...
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AI to the rescue? Oxford-based firm enters partnership to crack COVID-19

AN AI-DRIVEN drug-discovery company in the UK has entered a joint initiative to advance compounds that could treat COVID-19. Oxford-based Exscientia has teamed-up with Diamond...
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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...
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Northern England in reverse: ‘14 years of growth may be lost’

REGIONS in the North of England could lose up to 14 years of growth in the wake of the pandemic, a study warns. The North...
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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...
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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...
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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...
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Senior leaders call on UK business owners ‘not to fail young...

NEARLY one year on from the first lockdown, more than one in 10 young people have lost their jobs, with the number of 16...