Cruise lines keen to attract passengers in the face of the coronavirus outbreak are introducing a tempting package of offers to entice them on board. The spread of the virus has led to port closures and itinerary changes as well as on-board restrictions and even, in extreme cases, entire ships being quarantined, leaving many reluctant … Read more
Banks set to hand £20bn in emergency cash to small firms crippled by coronavirus By Daily Mail City & Finance Reporter Published: 23:09 GMT, 12 March 2020 | Updated: 00:27 GMT, 13 March 2020 Britain’s biggest banks pledged last night to immediately make available £20billion of emergency cash to small and medium-sized enterprises brought to … Read more
We’re giving firms the tools to fight this crisis, says Business Secretary ALOK SHARMA By Business Secretary Alok Sharma For The Daily Mail Published: 21:50 GMT, 11 March 2020 | Updated: 22:26 GMT, 11 March 2020 The UK is well prepared to tackle coronavirus but, of course, businesses clearly face challenges in multiple areas. These … Read more
Government will REFUND coronavirus-related sick pay for ALL small and medium-sized firms for up to 14 days as Chancellor reveals a £2bn fighting fund to keep companies afloat Rishi Sunak announced government will cover cost of sick pay for small firms Firms with fewer than 250 staff able to claim back coronavirus-related sick pay Fighting … Read more
Chancellor Rishi Sunak must move to ‘vaccinate the economy’ against the shock of a coronavirus shutdown in the Budget, his predecessor George Osborne warned today. The former politician, who oversaw austerity in the years following the 2008 financial crisis, raised the spectre of banks refusing to lend money if businesses start going to the wall. … Read more
UK firms must brace for virus hammer blow as tactics used during 2008 crash may not work, experts warn Many now fear the virus outbreak could deter investment and damage trading Ministers have fewer options to fight back against a hit to consumer spending The IFS urged the Chancellor to consider deferment of tax payments … Read more
The Prince of Wales looked in high spirits as he arrived to carry out engagements in Newquay, Cornwall today. Prince Charles, 71, who is the patron of the Campaign for Wool, visited clothing brand Celtic Sheepskin and Co – whose products are sustainably made from material including wool, sheepskin and linen – to mark the firm’s 30th … Read more
Top travel firms relax strict booking policies to tempt more customers on luxury breaks as bookings fall amid coronavirus outbreak Royal Caribbean will allow cruise cancellations up to two days before departure Kuoni decided to let guests change trip dates by seven days before leaving Comes as at least six passengers died after catching virus … Read more
Coronavirus dents advert sales at ITV as events are cancelled and firms rein in spending By Matt Oliver For The Daily Mail Published: 21:50 GMT, 5 March 2020 | Updated: 21:50 GMT, 5 March 2020 Carolyn McCall, ITV’s chief exec, said it was too early to predict the impact of the virus but it was … Read more
A lifeline for small firms crippled by coronavirus: Bank of England and Treasury draw up plan for emergency loans By James Salmon for the Daily Mail Published: 21:50 GMT, 4 March 2020 | Updated: 22:06 GMT, 4 March 2020 Plans to provide emergency loans to stop small firms going bust during the coronavirus crisis are … Read more