COVID-19 Business News

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...
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...
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...
Covid, downward graph, pandemic debt concept

SMEs and the wolf at the door

By LUCY TROTT and KATIE PHILIPSON THROUGHOUT the pandemic, a steady stream of government support was made available to prop-up businesses. As we move towards a...
Studenteer logo

Student initiative aims to enhance training opportunities during crisis

A UK COMMUNITY initiative connecting furloughed workers with volunteer opportunities has launched a parallel initiative for students and graduates. Studenteer is a sister project of...
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...
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...
Cybercrime costing millions as hackers ramp-up attacks

Cybercrime is costing UK companies millions as hackers ramp-up attacks

Studies reveal worrying trends as platforms go out-of-date and cyber attacks increase. HAL WILLIAMS reports. SMALL businesses in the UK are targeted by up to...
Rishi Sunak, UK Chancellor

Latest UK government scheme adds ‘bounce’ for businesses

CHRISTINA NAWROCKI explains the most recent UK initiative to support small businesses left floundering by the pandemic UK CHANCELLOR of the Exchequer Rishi Sunak recently...
coronavirus, masks

World Bank commits £9.4bn aid to help poor countries fight virus

THE WORLD Bank has committed $12bn (£9.4bn) to help developing countries cope with the spread of coronavirus. The aid package includes technical assistance as well...