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...
PET plastic waste

Action stations, bugs and fungi! Mutant enzyme can break down PET plastic in a...

SCIENTISTS have developed a bacterial enzyme that breaks down plastic bottles for recycling — within hours. The “mutant” enzyme, engineered after being found in a...
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...
Four Horsemen of Apocalypse, by Viktor Vasnetsov

A menace by any other name: the ‘equaliser’ that just isn’t

By William Roman COVID-19 and coronavirus are the most common names for it, but some sociologists and economists are tentatively hailing the virus as the...
Shrimp

Shrimps, time bombs — and the need for some study of wartime economies

By William Roman PICK a word starting with “C”… no, not coronavirus; not yet, anyway. The C here stands for crustaceans. The humble shrimp, for instance....
Diamond Light Source Macromolecular Crystallography

AI to the rescue? Oxford-based drug firm enters into partnership to crack COVID-19 virus...

AN AI-DRIVEN drug-discovery company in the UK has entered a joint initiative to advance compounds that could treat COVID-19. Oxford-based Exscientia has teamed-up with Diamond...