COVID-19 Business News

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...
Movement to Work logo

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...

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...
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...
Amazon warehouse in Spain

Amazon workers unlimited Covid-19 sick leave… with a few strings attached

CORONAVIRUS is causing havoc in the business world, and some novel stop-gap solutions are appearing amid the chaos. Amazon has good and bad news for...
UK Government loan

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...
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...
Farmed mink in cage

Covid mink stole the future of the despised fur industry

by Hal Williams THE EUROPEAN fur industry is reeling — to the dismay of fashion victims and the relief of animal rights supporters. Denmark's mass culling...
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...
Businessman in handcuffs. Covid scheme fraud illustration

Lengthy bans for directors who fiddled Covid scheme

AN AVERAGE of 35 directors are being banned by the UK Insolvency Service each month for abusing the Covid Support Scheme. That’s almost treble the...