A slower than anticipated global vaccine rollout and wider failure to get Covid under control will cost airlines $10bn (£7.2bn) more than previously predicted, according to the organisation that represents global airlines.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Bank of England to move London staff to new hub in Leeds
The Bank of England has followed the Treasury in announcing that it intends to move staff out of London with the creation of a new northern hub in Leeds.
Ireland will resist global corporate tax rate finance minister announces
Ireland’s finance minister has signalled the country will resist attempts to rebalance the global tax system if they affect Dublin’s ability to undercut its rivals.
Slice of good news as pizza giant recruits 1,000 staff as restaurants return
Pizza Express is to recruit 1,000 new employees as it prepares to reopen its restaurants over May and June and put the ravages of coronavirus behind it.
Britain set for best growth since 1988 as covid restrictions are eased
Britain is set for its sharpest economic growth since 1988 this year as the easing of Covid-19 restrictions encourages consumers to start spending, according to a monthly survey of independent economists by the Treasury.
UK workers found it harder to build relationships with colleagues while working from home
New research has found that over half of workers feel it has been harder to build relationships with colleagues while working from home.
Netflix numbers fall short as pandemic boost starts to fade
Shares in Netflix have plunged by 11% after subscriptions grew by a weaker than expected four million at the start of this year following a record 2020.
Rishi Sunak urged to boost green spending or miss net zero target
Rishi Sunak, must radically overhaul the Treasury response to the climate crisis, reforming the department’s longstanding hostility to green spending
Just Eat to offer 1,500 Liverpool couriers minimum hourly rate and sick pay
Just Eat is to offer 1,500 takeaway couriers in Liverpool minimum pay, sick pay and holiday pay by the end of the year as it shifts away from using independent contractors.
Primark set to continue to shun online offering as high streets are “permanent part of being human”
The boss of Primark’s parent company has defended its decision not to sell products online despite losing more than £3 billion of revenues during lockdown.
Primark to repay £121 million in furlough cash despite falling sales
Primark’s owner will repay £121 million in furlough money claimed under government job retention schemes and pay out a dividend to shareholders despite a slump in profits.
UK unemployment rate unexpectedly drops below five per cent
The rate of unemployment in the UK fell slightly to 4.9 per cent from December 2020 to February 2021, some 0.9 percentage points higher than the same time last year.
Quarter of UK SMEs worried they won’t survive the year
New research finds that a quarter of small businesses think it is unlikely they will be in business beyond the end of the year as a result of the pandemic.
New study reveals huge increase in females becoming tradeswomen in the UK
A new study has found a growing increase in the number of females taking on ‘trade jobs’ in the UK – a space usually dominated by males.
Black cabs stored in Essex after London fares dried up to find new home after council ruling
Over two hundred London black cabs mothballed in fields in Essex may need to find a new location after council rules they are an eye-sore
