Business and Economics
Business and Economics News
Quarter of firms laying off staff due to pandemic, report finds
The Office for National Statistics also said 45 per cent of businesses reported ‘lower than expected’ revenues between March 9 and 22.
How to save lives and the economy during COVID-19 pandemic
Nobel Prize winning economist Paul Romer says two things have to happen now.
This is the gaping gap in the chancellor’s self-employed rescue package
"Sunak's announcement has abandoned a significant section of the labour market and portrays a fundamental lack of understanding of the operational running of micro-companies.”
Mike Ashley apologises to Government over ‘ill-judged’ virus response
The Sports Direct founder wrote an open letter in which he also criticised his firm’s ‘poor’ communication with staff and the public.
Lenders under fire over emergency loan small print for struggling firms
Some company directors have been told they must give personal guarantees to access taxpayer-backed loans.
Wetherspoons says it does not intend to pay its suppliers until pubs reopen
Senior industry sources say food suppliers were likely to "go down" if payments get withheld from pubs and restaurants.
These are the firms people are pledging to boycott after coronavirus
Coronavirus has seen some firms show their true colours.
Sunak’s stimulus is a debt-con that will profit big banks
The Chancellor’s rescue package essentially turns the government into a payday lender.
Sainsbury’s announces elderly-only shopping hour
The first hour of trading on Thursday will be for the elderly and vulnerable so they can stock up before the shelves clear.