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.
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.
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 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.
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, must radically overhaul the Treasury response to the climate crisis, reforming the department’s longstanding hostility to green spending
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’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.
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.
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.