It is hard to find a silver lining in the coronavirus crisis, but what is make-or-break for many business sectors – including travel, tourism and hospitality – might turn out to be a chance for others. With many people working from home, there is a huge opportunity for businesses that offer anything from online gaming … Read more
We’ll lend firms £250k in 48 hours to survive the economic crisis, say banks By Helen Cahill For The Mail On Sunday Published: 23:06 GMT, 21 March 2020 | Updated: 23:06 GMT, 21 March 2020 The new emergency loans will be interest-free for the first year Banks will tomorrow promise to hand small businesses interest-free … Read more
Panicked firms call insolvency experts as the crisis worsens amid lockdown By Harriet Dennys For Financial Mail On Sunday Published: 23:07 GMT, 21 March 2020 | Updated: 23:07 GMT, 21 March 2020 Hundreds of firms have contacted insolvency specialists after Boris Johnson put Britain into lockdown. R3, which represents 800 restructuring firms including KPMG, EY, … Read more
Tech firms cash in as office staff switch to working from home during the coronavirus pandemic By Matt Oliver For The Daily Mail Published: 21:50 GMT, 20 March 2020 | Updated: 22:28 GMT, 20 March 2020 Technology companies are cashing in as millions of office staff switch to working from home during the coronavirus pandemic. … Read more
Jobs at risk as firms beg ministers to defer tax bills before they are forced to lay off thousands of skilled workers By James Salmon for the Daily Mail Published: 21:51 GMT, 19 March 2020 | Updated: 21:51 GMT, 19 March 2020 Britain’s manufacturers have pleaded with ministers to defer their tax bills immediately before … Read more
An organisation advising the EU and UN about health has been accused of trying to influence politicians on behalf of giant food companies. The International Life Sciences Institute, based in Washington DC, is influenced by, and working to help, the companies which fund it, scientists said in a study. The institute, funded by Coca Cola … Read more
Millions of people are expected to work from home in the coming months in a bid to shelter from the coronavirus pandemic which has swept the country. While this means many could save on travel costs, it is also the case that households will be increasingly reliant on home broadband, landline and mobile connections – … Read more
Airlines, rail and bus companies in Britain could be temporarily nationalised to help them through the coronavirus outbreak, Grant Shapps suggested today. The Transport Secretary told MPs good organisations ‘shouldn’t be going bust’ as a result of problems caused by the spread of the infection. He said a lot of different responses will be required, … Read more
Oil companies were hammered as the price of crude slumped below $30 a barrel. Shares in Shell and BP – two of the largest firms listed on the London Stock Exchange – slid as oil prices edged towards lows they last touched during a major commodity crisis four years ago. The oil market had already … Read more
From pollution to health, waste and joblessness, start-ups all over the world are increasingly focusing on finding solutions to some of the world’s toughest problems. While they aim to create profitable businesses, they also want to create solutions for the poor, environment and health of the global population. This change in strategy appears to be … Read more