Business and Economics
Business and Economics News
Borrowing overshoots target as Covid-19 action to send deficit soaring
George Osborne indicated earlier this week that more austerity will be needed post-coronavirus crisis.
Tesco to start testing shop workers for coronavirus
The supermarket’s boss Dave Lewis also said it will increase home delivery slots to ‘1.2 million per week in the next few weeks’.
Could coronavirus unwittingly help block a common tax evasion practice?
Lockdown could result in businesses being forced to reveal where their “mind and matter” really is.
Hospitality sector warns of ‘bloodbath’ without further Government support
UKHospitality chief executive Kate Nicholls said the industry was the ‘canary in the coalmine’ for the British economy.
Richard Branson reminded of comments as Virgin appeals for government support
The Virgin boss said "the Government should not intervene to stop companies going bust" when BA ran into trouble in 2009.
Chancellor faces calls to expand small business loan guarantees
Small businesses are having difficulty in getting their loans approved.
Richard Branson pleas for government support
Sir Richard Branson told Virgin Group employees the airline will not be able to continue without a commercial loan from the Government.
F*** business: Somebody needs to knock heads together and fast
The government has been rightly called out for causing a delay, but a more troubling ‘d’ is plaguing its response: Dogma.
Government support for businesses needs to become ‘faster and simpler’ – BCC
The head of the British Chambers of Commerce said the situation for many firms is ‘extremely difficult’.