Hard-pressed owners of pubs and restaurants will be calling for forbearance on government-backed loans issued during the pandemic when they start falling due from the end of March.
Search Results for: covid
Names of UK Covid business loan borrowers to stay secret, tribunal rules
The British government has been given the go ahead to keep concealing the names of companies which received in total more than £47bn in state-backed Covid loans, after a tribunal ruled in its favour.
Covid travel curbs on China are pointless, says vaccine chief
Restrictions on travellers from China are likely to be pointless, Britain’s vaccine chief has said as Spain became the latest country to impose Covid tests on arrivals from the country.
Festive season fuels 2.5 million visits to the capital post-Covid
As consumers celebrate their first Christmas season without Covid uncertainties or restrictions, new data has found that 2.5 million people have made their way back to shop, dine and drink across London in the run-up to the festive season.
Riots break out at world’s biggest iPhone factory in China over Covid and pay
Protests have broken out at the world’s biggest iPhone factory in the Chinese city of Zhengzhou.
Fears of tougher restrictions sweep China after first Covid death in months
Fears of tougher restrictions have reignited across China today, after the country recorded its first Covid-19 death in six months.
Economic output slumps to its lowest since first Covid lockdown
Output across much of the economy has fallen to its lowest level since May 2020 as inflation weighs on demand, according to analysis by Lloyds Bank.
HMRC’s Covid fraud taskforce to leave billions unaccounted for
An HMRC unit set up to tackle Covid fraud is set to leave £3.3bn outstanding when it winds down in March 2023, campaigners have warned.
Apple warns iPhone shipments will be delayed due to Covid restrictions at Foxconn plant
Apple has said it expects fewer iPhone 14 Pro and iPhone Pro Max shipments than previously anticipated as Covid-19 restrictions temporarily disrupt production at an assembly facility in Zhengzhou, China.
China locks down part of Wuhan, nearly three years after first Covid case emerged
Chinese cities from Wuhan in central China to Xining in the north-west are doubling down on Covid-19 curbs, sealing up buildings, locking down districts and throwing millions into distress in a scramble to halt widening outbreaks.
Greggs wins £150m landmark High Court Covid insurance case
Greggs, the bakery chain, has won a landmark ruling in its legal battle over a £150 million pound insurance claim triggered by the coronavirus crisis.
Covid gains fade for small investors
Retail investors have seen their gains since the onset of the pandemic all but wiped out in the midst of a torrid year on global markets.
Branson reinvests dividends to his brands to post covid ravaged funds
Sir Richard Branson has invested almost all the royalties he received from the Virgin brand back into the companies that use it for a second year running.
British Business Bank warns of risk of defaults on Covid support loans
The UK government-backed British Business Bank has warned that the worsening economy could increase the number of companies unable to repay its loans, including coronavirus pandemic support.
Racecourse takings jump post-Covid
Newbury Racecourse reported good-to-firm going in the first half of the year as punters went back to the races after the pandemic.