US unemployment claims rocketed to a record 3.3 million last week as a result of the widespread economic shutdown caused by coronavirus. The dramatic figure… Read More »US jobless claims soared to record 3.3 million over coronavirus shutdown
Universities and colleges have donated thousands of pieces of personal protective equipment (PPE) to NHS hospitals in an effort to ease shortages of safety equipment… Read More »Higher education rushes to nurse NHS through virus crisis
The government is racing to overhaul insolvency laws as the coronavirus pandemic threatens to unleash a deluge of corporate and individual bankruptcies across the UK.… Read More »Race to overhaul insolvency laws amid coronavirus crisis
A rebound in coronavirus-hit stock market values is slipping despite signs the hotly anticipated $2trn US stimulus package will be formally signed off later on… Read More »Stock markets slip as $2trn US stimulus rally falters
Adam Crozier is stepping down as chairman of Vue International, the UK’s third-biggest cinema chain, as the company and its rivals face an extended shutdown… Read More »Crozier steps down as Vue chairman with sale on hold
Stock markets are staging a rally despite growing evidence of a deep recession ahead and delays to Donald Trump’s planned $2trn (£1.7trn) stimulus package for… Read More »Stock markets rise despite recession and $2trn stimulus woes
Some of Britain’s biggest retailers are mounting frantic lobbying campaigns to keep their shops open as the prospect grows of a full nationwide lockdown triggered… Read More »Retailers vie for ‘essential retail’ status in virus outbreak
The government has brought in emergency measures to provide refunds to ticket holders and prevent rail companies from collapsing due to the coronavirus pandemic. The… Read More »Rail franchise deals suspended to avoid company collapses
British Airways’ chief executive has hinted at job cuts and says he will waive his salary for the next two months as the airline struggles… Read More »Coronavirus: BA boss hints at job cuts during ‘very tough times’
The London Stock Exchange Group (LSE) and other City institutions are pushing for emergency legislation to allow companies to stage virtual shareholder meetings as the… Read More »LSE leads push to allow ‘virtual’ AGMs over COVID-19