Business and Economics
Business and Economics News
Asia’s Tough Lessons Learned from Pandemic May Help Define the World’s Economy
As the Coronavirus has spread across the world we take a look at what lessons can be learned from Asia
Timpson: A lesson in how to do it right
The high street chain has supported its own ‘key workers’ through the turbulent crisis in line with corporate ethics which have been fine-tuned over decades.
Union accuses airlines of exaggerating impact of pandemic to cut jobs
British Airways, Ryanair and Virgin Atlantic are among the airlines that have announced plans to make thousands of staff redundant.
James Dyson richest in UK making an extra £3.6bn last year
A record 25 female billionaires make the list.
British Airways’ 12,000 job cuts to go ahead despite furlough extension
Willie Walsh, chief executive of the airline’s owner IAG, said the redundancies would still need to go ahead as flights remain mainly grounded.
Deficit could wipe out gains from a decade of austerity
Speculation has been mounting over how the chancellor will meet the spiralling cost.
Tesco hands out huge dividends despite receiving a £585 million business rates holiday
Lewis received a £2.4 million cash bonus, a £2.4 million long term share bonus and a basic salary and benefits of £1.6 million.
Thousands of jobs at risk as travel firm Tui faces ‘greatest crisis’
Fritz Joussen, chief executive of the firm, said it should emerge from the coronavirus crisis stronger.
Now is the time to deprioritise economic growth
“We are stuck in a tragic relationship with GDP growth, now is the time to escape it and build a new system where the economy is built around people and planet.”