COVID-19 Business News

SBA Paycheck Protection Program

Covid relief programme ‘looted by fraudsters’

UNITED States prosecutors are investigating “the largest fraud in US history” — billions of taxpayer dollars for coronavirus aid stolen and used to buy...
Rishi Sunak, UK Chancellor

Mixed but generally positive responses to Sunak’s revised support package

By HAL WILLIAMS THE UK government’s new package of measures to support businesses through to March 2021 has met with differing responses from the business...
Samsung phone

Samsung sees jump in Q2 profits thanks to remote working trend

SAMSUNG Electronics earnings have been boosted by the work-from-home boom. The world’s largest smartphone manufacturer announced Q2 operating profits up 23 percent compared with last...
Working from home, working in office

Home or office? Future is hybrid, say HR heads

MOST HR professionals — 65 percent of them — believe workers will divide their time between office and home after pandemic restrictions have been...
Hybrid event, TED Talk

New Normal, old thrills: do hybrid events cut it?

By JOE SHEPPARD SLOWLY but surely, the world is spinning back into a familiar rhythm. The gradual return to the office is gathering pace. Theatres and...
Pott'd founders Frankie and Sascha

A founder’s story, and some Pott’d history

Lockdown was indisputably dull, but as FRANKIE THOROGOOD recounts, the boredom led to an exciting business idea... THE INSPIRATION for Pott’d came during a Groundhog...
EU flag coronavirus graphic

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...
Sessions Market food selection (Photo: Justin DeSouza)

Sessions Market cooks up an incentive to beat chef shortage

SESSIONS Market has launched a chef incentive and recruitment scheme to boost an industry hard-hit by the Covid pandemic. Founder Dan Warne, previously MD at...
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...
British Airways

Quarter of BA jobs going: 12,000 staff members face the axe

BRITISH Airways says it will be forced to make up to 12,000 staff redundant because of the global collapse of air travel. CEO Alex Cruz...