EBay has been urged to clamp down on people profiteering from the coronavirus outbreak as sellers rake in hundreds of pounds from vastly inflated prices on household goods.
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Carluccio’s pleads for rent holiday for restaurant group
The boss of Carluccio’s has called for more government help and asked the restaurant chain’s landlords for a rent holiday as the leisure industry fights a sharp downturn caused by the coronavirus pandemic.
£1bn loan scheme could come too late for small businesses
The £1 billion loan scheme to help small businesses cope with the coronavirus crisis may be too small, too complex and take too long to launch, banks say.
Europe’s biggest customers are now gone – what next?
Europe is one of the world’s richest continents. The European Union with its yet 28 members and 500 million residents is considered as the global superpower, a well-sophisticated market with good education, healthcare, and financial industries.
UK surpasses 1,100 confirmed cases of coronavirus
The UK has now surpassed 1,100 confirmed cases of coronavirus as the pandemic spreads globally, bringing the total number of cases in the UK to 1,140 on Saturday afternoon, up from 820 this morning.
Research reveals that the UK is not ready for home-working
Figures released today suggest that the UK is one of the least prepared countries to weather a mass home-working strategy.
Coronavirus impact on mental health: share concerns and don’t resort to panic buying
Dr James Davies, psychotherapy expert from the University of Roehampton, comments on the impact of Covid-19 on the public’s mental health
UKs economy flatlined in January prompting concerns for future
Britain’s economy flatlined in January, according to official figures that dash hopes of a post-election revival.
EU frees airlines to halt ‘ghost flights’ in coronavirus fightback
Brussels has reacted to the coronavirus epidemic by suspending the EU’s use-it-or-lose it rules on airport landing slots, freeing airlines to halt “ghost flights” in which planes have been taking off without any passengers.
Google tells staff to work at home due to coronavirus
Google’s parent company Alphabet has asked its North American staff to work from home to reduce the potential spread of the coronavirus.
Bank of England cuts interest rates in emergency move to counter coronavirus effects
The Bank of England has announced an emergency cut in interest rates to help the country cope with the economic shock of the coronavirus outbreak.
Royal Bank of Scotland & Lloyds offer support to SMEs affected by Coronavirus
Royal Bank of Scotland is offering to defer mortgage and loan repayments for three months, for customers affected by the Covid-19 outbreak.
Flybe’s collapse could be ‘first of many’ airlines
The failure of Europe’s biggest regional airline Flybe could be the start of more casualties, analysts predict.
Lenders will offer SMEs relief in case cashflow dries up due to Coronavirus
Households and small businesses are to be offered debt relief by Britain’s banks, building societies and credit card providers if their money dries up during the Covid-19 outbreak.
Flybe goes into administration after outbreak struggle
Flybe has gone into administration after struggling to raise funds amid a steep fall in bookings due to coronavirus.