COVID-19 Business News

Hands, calculator, paperwork

Bid to ease virus impacts on cash flow ‘flawed’ — CEO

THE UK government’s proposed Coronavirus Business Interruption Loan Scheme (CIBLS) is coming in for some criticism. HM Treasury and the Bank of England last week...
Stock Market Charts Coronavirus

Markets catch a cold as virus fears infect stock exchanges

THE Nikkei Index for the Tokyo Stock Exchange has taken a tumble over fears at the spread of coronavirus. The 4.5 percent slump — which...
Fraud Alert - internal audit

Internal auditors ‘strategic advisers’ on online fraud

DATA AND tech company Kroll has issued a report on the changing role of internal audit in fraud risk-management since the start of the...
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...
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...
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...
Chancellor of the Exchequer, Autumn Statement

Sunak’s Budget brings relief to many – with a few misgivings

By HAL WILLIAMS THE BRITISH chancellor Rishi Sunak has announced the 2021 Budget, with pledges to help recovery from the Covid pandemic. The support package for...
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...
Disney+ Booth And Signage D23 Expo 2019

Streaming services basking in unprecedented demand from a currently ‘captive’ audience

IT'S AN ILL wind that blows no good, and Disney Plus is on the sweet end of a compensatory breeze from the pandemic. The video...
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...