COVID-19 Business News

COVID-19 Business News

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...
King's College London

King’s Business School co-ordinates study for embattled entrepreneurs

KING’S Business School in London is calling on entrepreneurs worldwide to participate in a study to help business owners survive the COVID-19 crisis. With livelihoods...
Skyscrapers with aircraft in sky

Job-swap hope for thousands of airline workers hit by crisis — but misery for...

By Hal Williams IN A WEEK where EasyJet announced plans to cut up to 30 percent of its employees to save costs, home healthcare company...
Zoom conference call on laptop

British SMEs head online to cope with effects of COVID lockdown — and find...

SMALL UK businesses are moving the bulk of their services online as the sector takes tentative steps towards recovery. Small Business Britain and BT Skills...
wages, salary, furlough

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...
Business closed

UK firms on cliff edge as crisis grinds on, distress tracker results reveal

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

One in four BA jobs to go: 12,000 staff members face the axe over...

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...
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...
Oil tanker at sea, platform in background

Oil price hits negative territory for the first time, Virgin Group ailing, UK firms...

CORONAVIRUS infections are dropping in many countries, but corporate and financial impacts are increasingly being felt. Virgin Australia is going into administration, the US oil...
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...