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...

It ain’t half easy to see why Bitcoin value is rising

By Hal Williams THE CRYPTOCURRENCY world isn’t known for doing things by halves — unless we’re talking about Bitcoin. The most buoyant and respected of the...

Virgin Media, O2 merge creating one of UK’s biggest telecoms companies

BROADBAND provider Virgin Media and mobile operator O2 have announced a merger to create what will be one of the UK's largest entertainment and...

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...

‘The halving’ approaches, all eyes are on the value of Bitcoin

A UK BITCOIN exchange says more people are entering the Bitcoin market in the run-up to the halving in May. A halving (sometimes called a...

Mutant enzyme can break down PET plastic in matter of hours

SCIENTISTS have developed a bacterial enzyme that breaks down plastic bottles for recycling — within hours. The “mutant” enzyme, engineered after being found in a...

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...

Blue for thinking, green for chilling: office design 2.0

By GUZMÁN YARZA DE BLACHE SPENDING the evening scrolling through work emails is something we all do, and it’s a bad habit – a leading...

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...