Britain and Poland sign deal to develop ambitious travel hub
THE UK and Poland have signed an agreement to co-operate on the development of an international airport and railway interchange.
The decision to press on...
SMEs head online to counter lockdown — and find surprise benefits
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...
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...
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...
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...
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 price hits negative territory, Virgin ailing, firms need wage aid
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...
As everything falls apart, UK tech sector shows resilience
THE UK’S fastest-growing sector, the tech industry, will maintain resilience despite the Covid-19 outbreak.
That optimistic claim follows analysis from recruitment firm Robert Walters. In...
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...
ECB launches new aid package to soothe effects of pandemic
By HAL WILLIAMS
THE EUROPEAN Central Bank has launched a €750bn emergency package to buy government and company debt across the eurozone.
The temporary purchasing scheme...