The quartet of companies which dominate ground operations at Britain’s airports are begging the Treasury for a 12-month business rates holiday as they stand on… Read More »Airport giants beg for 12-month rates holiday due to pandemic
All good things come to an end and, after a record-breaking 113 consecutive months of job creation in the United States, it was confirmed that… Read More »Record hiring streak ends as 701,000 jobs are lost in the US
Sir Richard Branson is to defer tens of millions of pounds in fees owed by the hardest-hit Virgin-branded companies as the coronavirus pandemic decimates revenues… Read More »Coronavirus: Branson defers Virgin brand payments
The number of people claiming unemployment benefits in the US last week hit a new record of more than 6 million as coronavirus measures took… Read More »US jobless claims surge to more than six million – 10 times previous record
One of Britain’s leading entrepreneurs has issued a stark warning of tougher economic times ahead, suggesting the UK could face another “Great Depression”. Luke Johnson,… Read More »Top entrepreneur warns UK could face downturn similar to Great Depression
BP says it is facing the “most brutal environment” for the industry in decades as it counts the cost of the slump in the oil… Read More »BP counts cost of ‘brutal’ price oil slump
The coronavirus pandemic has resulted in the FTSE 100 marking its worst quarter since 1987, down by nearly 14%. Britain’s top share index was up… Read More »FTSE 100 marks worst quarter since 1987, down nearly 14%
It has been the worst quarter for world stock markets since the final three months of 2008. That is no surprise when the coronavirus has… Read More »The winners and losers as the financial quarter comes to an end
A total of 4,500 high street jobs are hanging by a thread after BrightHouse, the rent-to-own retailer, and restaurant chain Carluccio’s filed for administration. Sky… Read More »4,500 jobs at risk as BrightHouse and Carluccio’s collapse
Retailers are fighting a rearguard action to keep their logistics operations functioning after Next pulled the plug on its distribution centres, citing employees’ concerns about… Read More »Retailers fight to keep warehouses open as virus crisis deepens