New government Covid scheme to pay up to half of wages
22/10/2020 | news | business | 2,558
Chancellor Rishi Sunak increases support for firms and workers as lockdown restrictions spread.
More pollution expected from stay-home workers
22/10/2020 | news | business | 288
Air pollution in big cities could increase because so many people are working from home, a report says.
Covid: 'Perfect storm' causing employment tribunal backlog
22/10/2020 | news | business | 27
Concerns are being raised over Covid-related delays for those who claim they lost jobs unfairly.
Shortage of poultry workers could hit Christmas dinner
21/10/2020 | news | business | 60
There are not enough EU workers to process the meat, says the British Poultry Council.
Royal Mail launches 72p parcel pick-up service
21/10/2020 | news | business | 747
The firm claims it is "one of the biggest changes to the delivery since the launch of the post box".
Boris Johnson's 22-minute Brexit call 'terrible'
21/10/2020 | news | business | 406
Industry groups described the call with the prime minister as "disappointing" and "more of a lecture".
UK inflation rises after Eat Out to Help Out ends
21/10/2020 | news | business | 669
The inflation rate increased to 0.5% in September after the discount meals scheme ended, figures show.
Working lunch 'loophole' hope for pubs and restaurants
20/10/2020 | news | business | 129
Hospitality chiefs are seeking clarity over whether business lunches are exempt from Covid restrictions.
Visa and Mastercard accused of charging 'excessive' fees
20/10/2020 | news | business | 503
Retail groups say the fees charged by credit card firms have almost doubled in two years.
UK job losses 'could be larger than forecast'
20/10/2020 | news | business | 213
The unemployment rate could rise above current predictions, a Bank of England policymaker warns.
Covid-19: First UK airport coronavirus testing begins
20/10/2020 | news | business | 553
The aim is to help people travelling to destinations where a negative result is required on arrival.
Bank boss: UK facing 'unprecedented economic uncertainty'
19/10/2020 | news | business | 1,415
Bank of England governor Andrew Bailey warns there is significant risk of lower economic growth.
Coronavirus: People to get emergency help to pay energy bills
19/10/2020 | news | business | 253
Ofgem will require suppliers to offer emergency credit and put people on 'realistic' repayment plans.
Covid-19: Firms warn of 'catastrophic' impact of new coronavirus rules
18/10/2020 | news | business | 265
More financial support is needed to avoid mass redundancies and closures, businesses say.
Pret A Manger and Edinburgh Woollen Mill to cut 1,000 jobs
16/10/2020 | news | business | 291
The pandemic has claimed the jobs of another 1,000 shop workers as more stores shut across the country.
Pub chain JD Wetherspoon reveals first loss since 1984
16/10/2020 | news | business | 1,075
Chairman Tim Martin criticises the government's "confusing" Covid restrictions as sales tumble.
'Hasty' furlough scheme 'left room for fraud' say MPs
16/10/2020 | news | business | 187
'Hastily drawn up' furlough scheme may have lost billions to fraud and error, MPs say
Will we be getting our cash from shops, not ATMs?
15/10/2020 | news | business | 179
People will be able to get cashback from local stores without having to buy anything, under Treasury plans.
Ryanair cuts back winter flight schedule
15/10/2020 | news | business | 127
The airline says it is responding to increased flight restrictions imposed because of the pandemic.
Morrisons and Waitrose ditch glitter for Christmas
14/10/2020 | news | business | 117
The supermarkets won't use glitter in own-brand crackers and cards as part of sustainability efforts.
How much economic damage would a circuit-breaker lockdown do?
14/10/2020 | news | business | 64
Are stricter measures to contain the coronavirus needed - and what would be the economic cost be?
Coronavirus: UK child poverty and inequality could worsen says OECD
14/10/2020 | news | business | 50
The OECD says pandemic could also worsen regional divides and warns of further hit from no-deal Brexit.
Asos adds three million customers as profits soar amid pandemic
14/10/2020 | news | business | 156
The online retailer now has 23.4 million customers, helping sales and profits to jump.
EU to reject UK plea for Brexit electric car deal
14/10/2020 | news | business | 1,797
The European Union is about to formally reject a UK plea for special allowances for exports of electric cars.
Just Eat: McDonald's and Greggs help boost orders by 40%
14/10/2020 | news | business | 62
The takeaway company added 800 McDonald's restaurants and 300 Greggs outlets to its network earlier this year.
HS2 costs rise again weeks after work begins
14/10/2020 | news | business | 1,537
Ministers admit an extra £800m is needed due to more asbestos discoveries and complexities at London Euston.
Ikea to buy back used furniture in recycling push
13/10/2020 | news | business | 80
World's biggest furniture firm to resell second-hand Ikea items in bid to be 'climate positive'.
Unemployment rate hits highest level in three years
13/10/2020 | news | business | 1,453
Unemployment and redundancies hit high levels, official figures show.
Lockdown: 'I've got women working for me who are sobbing'
13/10/2020 | news | business | 458
Hospitality businesses warn of hardship and confusion as they battle with the latest restrictions.
Tax rises of more than £40bn a year 'all but inevitable'
13/10/2020 | news | business | 732
Rises of more than £40bn a year will be needed to stop government debt getting out of control, warns think tank.
Downing Street joins criticism of 'crass' job ad
12/10/2020 | news | business | 1,388
Downing Street and the culture secretary disown an ad suggesting a ballerina retrain in cyber security.
Bank of England questions banks over negative rates
12/10/2020 | news | business | 882
The UK would be following in the footsteps of countries like Japan if it cuts the cost of borrowing.
Hospitality firms threaten legal action over lockdown
12/10/2020 | news | business | 1,272
Industry leaders will challenge new local restrictions that could force pubs and other venues to close.
UK economy: Shoppers aid growth but slowdown ahead, says report
12/10/2020 | news | business | 108
The UK economy may have grown by as much as 17% in the three months to September, says a forecaster.
Tim Hortons' UK expansion to create 2,000 jobs
09/10/2020 | news | business | 78
The Canadian chain plans to open drive-thru outlets in every major UK city in the next two years.
UK economic growth slows despite restaurant boost
09/10/2020 | news | business | 1,268
The economy grew 2.1% in August, below expectations, despite a lift from Eat Out to Help Out.
Lockdown city living 'wasn't the best idea'
08/10/2020 | news | business | 117
Caroline Langton chose Ramsgate over London as more people search for homes away from cities.
Asda launches 'first of its kind' flu jab service
08/10/2020 | news | business | 320
The supermarket is offering free jabs to eligible people and an £8 charge for everyone else,
City firms look to cut office space amid pandemic
08/10/2020 | news | business | 202
Nearly three quarters of financial services firms are reviewing their office needs, a survey says.
EasyJet to make first annual loss in its history
08/10/2020 | news | business | 204
The airline will fly at 25% capacity into next year, with losses in 2020 possibly topping £800m.
Tesco profits surge as online orders double
07/10/2020 | news | business | 335
Profits jumped as people bought more food during lockdown, but clothing sales fell almost 20%.
‘Pubs and restaurants facing jobs cliff edge’
06/10/2020 | news | business | 146
MPs are told that without more state support far more hospitality jobs will be lost than previously thought.
Nearly 500,000 redundancies planned in Covid crisis
06/10/2020 | news | business | 65
A Freedom of Information request shows that job cuts are down from July but more than double last year.
Mortgage plan could require huge state backing
06/10/2020 | news | business | 133
The government might have to provide billions in guarantees to support long-term first-time buyer mortgages.
State pension age hits 66 and set to rise further
06/10/2020 | news | business | 887
Men and women now receive their state pension at 66, as the chancellor vows the triple lock is safe.
Odeon to open weekends-only at some cinemas
05/10/2020 | news | business | 373
The firm will open a quarter of its theatres from Friday to Sunday, but declined to comment on jobs.
Worst September for UK car sales this century
05/10/2020 | news | business | 641
New UK car registrations fell 4.4% last month from a year earlier, the motor industry says.
Home working here to stay, say businesses
05/10/2020 | news | business | 557
A survey of nearly 1,000 firms shows that 74% plan on maintaining the increase in home working.
Thousands of UK firms may need an EU office
02/10/2020 | news | business | 933
The complexity of exporting to European markets mean firms may have no option but to set up an EU presence.
Government's own figures dispute PM's PPE claim
01/10/2020 | news | business | 87
Boris Johnson says 70% of personal protective equipment is UK made, but official data says it is much lower.
01/10/2020 | news | business | 48
01/10/2020 | news | business | 74
30/09/2020 | news | business | 340
30/09/2020 | news | business | 37
30/09/2020 | news | business | 2,607
30/09/2020 | news | business | 133
30/09/2020 | news | business | 224
'Strong recovery' in UK housing market
30/09/2020 | news | business | 147
Annual house price growth of 5% in September was the result of post-lockdown demand, Nationwide says.
30/09/2020 | news | business | 80
UK beef served up in the US after a 20-year ban
30/09/2020 | news | business | 483
The US banned British beef exports in the wake of the Mad Cow Disease scandal in the 1990s.
Plea not to axe £20 a week benefits ‘lifeline’
30/09/2020 | news | business | 25
The Joseph Rowntree Foundation calls on the chancellor to extend an increase to Universal Credit.
'Hundreds of thousands' of airline jobs at risk
29/09/2020 | news | business | 15
A body representing 290 airlines warns it will be 2024 before air traffic reaches pre-pandemic levels.
29/09/2020 | news | business | 42
Tesco targets 300% rise in vegan meat sales
29/09/2020 | news | business | 231
The retailer wants to boost meat alternative sales by 2025 as part of a sustainability drive.
'I monitor my staff with software that takes screenshots'
29/09/2020 | news | business | 45
Many have struggled to get to grips with working from home, but would surveillance technology help?
Covid: Public spending rise could last longer
29/09/2020 | news | business | 114
The government must choose between more austerity and permanently higher spending, a think tank warns.
Uber spared from London ban despite 'past failings'
28/09/2020 | news | business | 396
The firm gets a new licence to work in the capital after a court says it has addressed safety issues.
Aldi looks at online move as shopping habits change
28/09/2020 | news | business | 232
The pandemic hasn’t been easy for the discounters with no online food. Could Aldi go digital?
Movers 'more likely to buy than first-time buyers'
28/09/2020 | news | business | 152
The coronavirus crisis is changing the dynamic in the UK housing market, researchers suggest.
Negative interest rates: Bank of England policymaker defends plan
27/09/2020 | news | business | 79
Silvana Tenreyro said evidence from countries that have introduced the policy was “encouraging”.
Tesco joins Morrisons to limit sales of some items
25/09/2020 | news | business | 1,431
Limits on loo roll and flour are back as supermarkets act to prevent a repeat of March's panic buying.
UK borrowing soars in August as Covid costs mount
25/09/2020 | news | business | 1,200
Public borrowing hit £35.9bn last month as the pandemic forces the government to borrow more money.
Shoppers warned to buy early for Christmas or miss out
25/09/2020 | news | business | 325
With three months to go before the big day, online retailers stress shoppers need to buy early this year.
Shoppers could pay more after no-deal Brexit
25/09/2020 | news | business | 744
Tariffs could add £3bn to the cost of importing food and drink from the EU, a leading retail body warns.
Thousands of traditional retail jobs 'unviable', Next boss warns
25/09/2020 | news | business | 150
Lord Wolfson says hundreds of thousands of jobs may not survive in the wake of the coronavirus crisis.
What help are self-employed people getting?
24/09/2020 | news | business | 145
What is being done for the five million self-employed people in the UK facing a sudden loss of income?
VAT cut to be extended for bars and restaurants
24/09/2020 | news | business | 271
The chancellor has announced that a VAT cut to 5% across hospitality and tourism will be extended.
Cineworld swings to huge loss after virus closures
24/09/2020 | news | business | 132
The cinema chain warns it may need to raise more money in the event of further coronavirus restrictions.
Pringles and Cadbury 'failing on recycled packaging'
24/09/2020 | news | business | 309
KitKats and Babybel are among other big brands that did badly in the Which? recycling test.
Sunak to announce new job protection plans
23/09/2020 | news | business | 2,874
The chancellor will give an update on Thursday about "protecting jobs" as the furlough scheme winds down.
Asda to crack down on shoppers without face masks
23/09/2020 | news | business | 2,574
Its staff will soon offer customers disposable face masks to be paid for at the end of their trip.
Upper Crust owner: 'Demand for travel will return'
23/09/2020 | news | business | 46
SSP sales are 76% down with about two-thirds of its outlets closed across the group.
Could churches double up as bank branches?
23/09/2020 | news | business | 113
The idea is one of a number being trialled to help improve access to cash in remote areas.
Barclays to send staff back to working from home
22/09/2020 | news | business | 402
City firms SocGen and Lloyd's of London also tell staff to stop coming into the office after new guidance.
Bank of England calls for furlough 'rethink'
22/09/2020 | news | business | 922
Governor Andrew Bailey suggests that some sectors may benefit from further targeted help.
'Closing pubs at 10pm halves your takings'
22/09/2020 | news | business | 667
The hospitality industry warns the earlier closing time will have a 'devastating' impact.
Loyal customers 'must not pay more for insurance'
22/09/2020 | news | business | 289
The City regulator plans a "radical" shake-up in home or motor insurance, to tackle the loyalty penalty.
Fears of second lockdown wipe £50bn off UK stocks
21/09/2020 | news | business | 1,161
Shares in the US and Europe fall sharply with travel, hotel and pub firms worst hit.
Rail franchises axed as help for train firms grows
21/09/2020 | news | business | 1,085
The rail franchising system has been scrapped and a £3.5bn survival scheme for train firms extended.
Ending tax-free shopping 'will devastate UK tourism'
21/09/2020 | news | business | 96
Plan to end VAT-free shopping for international visitors could cost 70,000 jobs, say retail and travel firms.
18/09/2020 | news | business | 435
Rail nationalisations may be coming down the track
18/09/2020 | news | business | 376
Control of certain struggling franchises could be handed back to the government, sources say.
'Nearly two-thirds' of workers commuting again
17/09/2020 | news | business | 871
Some 62% reported commuting to work last week, according to the Office for National Statistics.
Why Biden's intervention on Brexit matters
17/09/2020 | news | business | 298
American politicians have always taken a keen interest in matters affecting Ireland, that matters more now than ever.
Rising virus rates threaten economy, warns Bank
17/09/2020 | news | business | 372
Bank of England says a no-deal Brexit is another risk as it keeps interest rates at historic low.
John Lewis scraps bonus for first time since 1953
17/09/2020 | news | business | 508
The partnership posted a huge £635m loss in the six months to July as costs soared during the pandemic.
Next says pandemic 'expensive and miserable'
17/09/2020 | news | business | 410
The retailer says staff working from home were "stultified" by boring presentations and missed office life.
People shopping more locally in lockdown, says Co-op
17/09/2020 | news | business | 51
The grocery chain says sales jumped 8.8% in its first half as customers shopped closer to home.
Brexit freight system 'won't be ready on time'
16/09/2020 | news | business | 403
Logistics trade body says the smart freight system is 'unlikely to be ready' by year end.
'Redundancy floodgates' will open, warns union
16/09/2020 | news | business | 645
Many workers can expect a "miserable Christmas" without targeted support for employers, Unite says.
Coronavirus: Tui to clear refund backlog by end of September
16/09/2020 | news | business | 74
Thousands of people complained to the competition watchdog after waiting for coronavirus-related refunds.
BA boss says there is no need to fire and rehire staff
16/09/2020 | news | business | 257
British Airways boss Alex Cruz says cabin crew should not have to move onto inferior contracts.
Iceland calls on rivals to show 'plastic footprint'
16/09/2020 | news | business | 43
The frozen-food chain publishes its own packaging record to encourage progress on sustainability.
Child power pushes Lego to ditch plastic bags
16/09/2020 | news | business | 75
Lego is investing £310m to make its products more sustainable after letters from young customers.
Is the chancellor cooking up a new jobs scheme?
15/09/2020 | news | business | 77
Rishi Sunak has dropped his heaviest hint yet that there may be a new measure or scheme to boost job creation.
Small firms thrown lifeline in insurance test case ruling
15/09/2020 | news | business | 305
The High Court has ruled some insurers should have paid out for losses caused by lockdown.
Ocado: M&S switch 'successful' after rocky start
15/09/2020 | news | business | 164
Despite cancelled orders, the online grocer says its move to delivering M&S goods is going well.
Taxpayers' bad loan bill shrinks to 'only' £20bn
15/09/2020 | news | business | 54
Taxpayers will have guaranteed nearly £70bn in loans to UK firms by March 2021, according to TheCityUK.
Wetherspoon: 66 staff test positive across 50 pubs
14/09/2020 | news | business | 2,097
The firm dismisses claims pubs are "dangerous" after some workers contract the virus after reopening.
Unemployment: Planned redundancies twice the rate of last recession
14/09/2020 | news | business | 183
Employers are notifying the government of job cuts at twice the level seen in 2009.
UK economy continues recovery in July
11/09/2020 | news | business | 752
The economy expanded by 6.6%, but the country's growth remains far below pre-pandemic levels.
UK and Japan in first major post-Brexit trade deal
11/09/2020 | news | business | 2,672
Symbolic trade deal will cover 99% of UK exports to Japan but boost economy by just 0.07%.
MPs want furlough extended and targeted
11/09/2020 | news | business | 313
The scheme should be targeted to avoid mass unemployment, the Treasury Select Committee says.
Peloton sales surge as virus boosts home workouts
10/09/2020 | news | business | 14
The exercise bike firm's revenues jumped 172% amid gym closures due to the pandemic.
British Airways owner to cut more flights
10/09/2020 | news | business | 363
BA has also reached the outline of a deal with the Unite union to end a bitter row over pay and job cuts.
Morrisons sales rise but profits hit by Covid costs
10/09/2020 | news | business | 55
The supermarket spent an extra £155m on temporary workers and bonuses during the pandemic.
World vaccine delivery 'will need 8,000 jumbo jets'
10/09/2020 | news | business | 197
Shipping a coronavirus vaccine will be "largest transport challenge ever" says the airline industry.
L'Oreal launches make-up recycling across UK shops
10/09/2020 | news | business | 85
The firm's Maybelline brand has set up recycling points in shops including Tesco and Superdrug.
Chicken, cheese, cod: The tricky trade talk menu
10/09/2020 | news | business | 169
The UK this week pursues simultaneous talks with Japan, the US and EU to secure its post-Brexit future.
New local lockdown business grants 'not enough'
09/09/2020 | news | business | 3
Firms forced to close will get cash grants, but the British Chambers of Commerce wants more help.
Ryanair boss calls UK travel quarantine 'defective'
09/09/2020 | news | business | 231
Michael O'Leary says the UK needs to embrace testing at airports to help revive international travel.
Uber pledges all-electric fleet by 2040
08/09/2020 | news | business | 14
The transportation company says it has a "responsibility" to tackle climate change.
Morrisons and Iceland hire thousands of staff
08/09/2020 | news | business | 271
The supermarkets say the staff are needed as demand for online shopping continues to rise.
Royal Mail set for major loss despite parcels surge
08/09/2020 | news | business | 167
The postal service has faced extra costs to cope with coronavirus and says it needs to modernise.
Thomas Cook to be revived as online travel firm
08/09/2020 | news | business | 128
The firm wants to be operating by Christmas to capture the start of the summer booking season.
EasyJet: Flyers frustrated at changing quarantine
08/09/2020 | news | business | 399
The airline expects to fly fewer passengers because it says consumer confidence has been dented.
07/09/2020 | news | business | 224
07/09/2020 | news | business | 365
07/09/2020 | news | business | 312
Virgin Atlantic to cut 1,150 more jobs
04/09/2020 | news | business | 543
The airline, which has just completed a rescue deal, says it has to make cuts in order to survive.
HS2 project work begins with pledge of 22,000 jobs
04/09/2020 | news | business | 1,280
Work on the controversial rail line formally starts on Friday, with Boris Johnson saying it will "fire up growth".
Co-op to create 1,000 jobs and open 50 new stores
04/09/2020 | news | business | 375
Grocery chain the Co-op is opening 50 new stores and creating 1,000 new jobs this year
Eat Out to Help Out: Diners claim 100 million meals in August
04/09/2020 | news | business | 73
Restaurants. pubs and cafes claimed £522m under the discount scheme in August, Treasury figures show.
03/09/2020 | news | business | 226
Costa Coffee warns up to 1,650 jobs at risk
03/09/2020 | news | business | 163
The coffee chain says there are still "high levels of uncertainty" as to when trade will recover.
Amazon to create 7,000 UK jobs
03/09/2020 | news | business | 1,141
The online retail giant is recruiting at more than 50 sites in response to growing customer demand.
Mortgage deals plummet as lenders play safe
03/09/2020 | news | business | 72
First-time buyers unable to offer a large deposit could find their options squeezed, figures show.
Government 'overseeing the demise of UK aviation'
03/09/2020 | news | business | 1,123
Leading UK aviation figures say the government must show "leadership" on airport coronavirus testing.
'It's really hard to get a job at the moment'
02/09/2020 | news | business | 508
Many young people are out of work in the pandemic, but a new government scheme aims to help them find jobs.
Apple more valuable than the entire FTSE 100
02/09/2020 | news | business | 497
The world's largest company has seen its value leap as demand for tech goods surged during lockdown.
Lego set to open 120 new stores despite pandemic
02/09/2020 | news | business | 40
The toy firm says sales have been strong during lockdown, despite the hit to the High Street.
House prices at all-time high, says Nationwide
02/09/2020 | news | business | 620
August saw the highest monthly rise in prices since 2004 as the recovery continued, the lender says.
Unilever to cut fossil fuels from cleaning brands
02/09/2020 | news | business | 58
The consumer giant has pledged to wipe out oil-based chemicals from its detergents by 2030.
Furlough wind down: 'We prepared for the worst'
01/09/2020 | news | business | 1,582
With the furlough support scheme now starting to unwind, many firms are poised for job cuts.
Ocado cancels orders on first M&S delivery day
01/09/2020 | news | business | 504
Angry customers have complained on Twitter, but Ocado says a "very small number" of orders were hit.
Fitness industry 'devastated' by lockdown
28/08/2020 | news | business | 169
Gym owners call for government support similar to the Eat Out to Help Out scheme.
27/08/2020 | news | business | 1,305
27/08/2020 | news | business | 34
27/08/2020 | news | business | 239
26/08/2020 | news | business | 1,435
Coronavirus: UK worst hit among major economies
26/08/2020 | news | business | 667
The OECD think tank says the UK was the worst affected among major economies between April and June.
Passengers to be warned when trains are busy
26/08/2020 | news | business | 55
Rail companies plan to share capacity information with passengers so they can avoid crowded trains.
26/08/2020 | news | business | 437
Co-op Bank to shed 350 jobs and close branches
25/08/2020 | news | business | 226
Economic uncertainty and the shift to online banking have prompted the cuts, the bank says.
24/08/2020 | news | business | 674
Bailiffs return but are told not to shout at people
24/08/2020 | news | business | 602
Bailiffs are resuming operations after a five-month suspension with new coronavirus restrictions.
Virus spending pushes UK government debt to £2 trillion
21/08/2020 | news | business | 2,120
Public debt levels soar as spending on coronavirus measures forces the government to borrow more money.
UK retail sales climb back to pre-pandemic levels
21/08/2020 | news | business | 242
Sales rose by 3.6% in July as demand for clothing recovered and people spent more on fuel.
More House of Fraser store closures 'anticipated'
20/08/2020 | news | business | 146
The chain, part of Mike Ashley's Frasers Group that owns Sports Direct, has already closed 10 stores.
Mothercare finalises deal to sell products in Boots
20/08/2020 | news | business | 118
The agreement is part of a restructure of the baby goods firm, which closed its UK stores in January.
Rail fares to rise despite passenger slump
19/08/2020 | news | business | 1,262
Passenger groups want fares overhaul after numbers collapse in lockdown. Scotland is delaying rises.
Eat Out discount dishes up 35m meals in two weeks
18/08/2020 | news | business | 930
The government set aside £500m for Eat Out to Help Out in order to support the hospitality sector.
M&S to cut 7,000 jobs over next three months
18/08/2020 | news | business | 173
The High Street retailer says the coronavirus pandemic has meant a "material shift in trade".
Ryanair cuts flights as EU virus rates hit bookings
17/08/2020 | news | business | 116
The airline said activity for September and October "notably weakened" over the past 10 days.
Morrisons considers ditching all 'bags for life'
17/08/2020 | news | business | 1,932
The grocer says customers are ready to stop using plastic bags and promises sturdy paper replacements.
Eurotunnel warns travellers: Don't just turn up
14/08/2020 | news | business | 221
The firm says customers trying to return early from France must have a booking to travel.
Just Eat to stop using gig economy workers
14/08/2020 | news | business | 257
Boss Jitse Groen says he would rather have staff who get benefits and more workplace protection.
‘Raise sick pay’ to lower virus risk
14/08/2020 | news | business | 257
It would manage a "crude" trade-off between lives and jobs as the UK economy reopens, a report says.
Jobs: Demand for workers picks up in early August
13/08/2020 | news | business | 27
Recruiters say the number of new job ads suggests that a slow recovery could be underway.
Tui sees surge in holiday bookings for next year
13/08/2020 | news | business | 795
The travel giant makes a £1bn loss in three months - but says summer bookings for 2021 are up 145%.
National Express to use jobs bonus to cut bus fares
13/08/2020 | news | business | 108
The government's job retention bonus scheme will be used to cut fares in the West Midlands and Dundee.
Four ways it may get harder for first-time buyers
13/08/2020 | news | business | 252
UK house prices are predicted to fall but a report spells out why property may remain out of reach.
Recession is unprecedented, says chancellor
12/08/2020 | news | business | 3,023
Rishi Sunak says it is a "difficult and uncertain time" as the UK suffers its biggest slump on record.
Natwest to cut 550 jobs in branches
12/08/2020 | news | business | 138
The lender is seeking to cut costs as more people bank online during the pandemic.
'We've been waiting months for a flight refund'
12/08/2020 | news | business | 485
David Hanson's dream holiday was cancelled, but like many Brits he's been waiting months for a refund.
UK in recession for first time in 11 years
12/08/2020 | news | business | 3,789
The UK suffers its biggest slump on record, while the chancellor says conditions are "unprecedented".
Coronavirus: How much will it cost the UK?
11/08/2020 | news | business | 1,109
The pandemic will cost the government hundreds of billions of pounds. Where will it all come from?
11/08/2020 | news | business | 971
Stilton drives wedge between UK-Japan Brexit deal
11/08/2020 | news | business | 3,065
Stil-tons to do as talks over blue cheese become an unlikely obstacle to a post-Brexit trade agreement.
Post offices see cash deposits rise over lockdown
11/08/2020 | news | business | 74
Businesses and individuals have returned to post offices to deposit money saved during lockdown.
Heathrow boss warns quarantine strangling economy
11/08/2020 | news | business | 222
Britain is being cut off from critical markets, says the airport, which saw traffic plunge in July.
11/08/2020 | news | business | 95
10/08/2020 | news | business | 1,803
Mini house-buying boom leads to highest prices ever
07/08/2020 | news | business | 784
The housing market is showing a 'surprising spike' as people return to buying property after the lockdown.
Millions set to see 'big savings' on energy bills
07/08/2020 | news | business | 358
The price cap for gas and electricity bills is lowered by energy watchdog Ofgem as wholesale costs fall.
School funding plan 'benefits wealthier pupils'
07/08/2020 | news | business | 86
The government's latest funding plan could "disproportionately benefit schools in better-off areas".
Bank of England boss backs end of furlough scheme
06/08/2020 | news | business | 3,735
UK economy is still set for worst performance in 100 years according to the UK's central bank.
Coronavirus: ITV warns 'of most challenging times' ever
06/08/2020 | news | business | 155
Boss Dame Carolyn McCall says the broadcaster has been through "one of the most challenging times".
New car registrations see first rise this year
05/08/2020 | news | business | 81
Figures for July show an 11.3% post-lockdown increase in new vehicles registered.
Gold price rises above $2,000 for first time
05/08/2020 | news | business | 238
Precious metal values have been pushed up as investors look for havens amid the coronavirus crisis.
Don't demolish old buildings, urge architects
05/08/2020 | news | business | 252
Knocking down defunct structures sends a wrecking ball through carbon targets, architects say.
Redundancy advice calls triple in June and July
05/08/2020 | news | business | 26
Conciliation service Acas says thousands more people are calling for redundancy advice.
Pizza Express may close 67 sites and cut 1,100 jobs
04/08/2020 | news | business | 1,362
High Street chain the latest to look to restructure and refinance as virus deals extra blow to trade.
Dixons Carphone to cut 800 store management jobs
04/08/2020 | news | business | 204
The Currys PC World owner said it was "not an easy decision" but it must respond to rising online sales.
BP halves dividend after suffering huge losses
04/08/2020 | news | business | 390
The dividend cut is another blow for pension funds and savers who have seen a wave firms slash or halt payouts.
EasyJet increases flights to cope with demand
04/08/2020 | news | business | 1,781
The airline adds more flights to cope with increasing demand from holidaymakers.
AA in takeover talks with three suitors
04/08/2020 | news | business | 97
The veteran motoring organisation is considering approaches from private equity firms
Government urges post-Brexit drug stockpiles
03/08/2020 | news | business | 1,440
Firms should have six weeks' worth of post-Brexit drug stockpiles by the end of 2020, the government says.
DW Sports chain collapse threatens 1,700 jobs
03/08/2020 | news | business | 1,445
The firm, founded by former Wigan Athletic owner Dave Whelan, ran 73 gyms and 75 stores across the UK
Coronavirus holiday claims push Hiscox into a loss
03/08/2020 | news | business | 64
The insurer says cancelled travel and events means it has set aside $232m to cover claims.
Five surprising facts about inequality in the UK
03/08/2020 | news | business | 352
Although the gap in wages is narrowing, inequalities in wealth across the UK are rising, a report suggests.
House prices 'bounced back in July'
31/07/2020 | news | business | 247
Pent-up demand and the stamp duty holiday boosted prices, but Nationwide warns it could be a false dawn.
Holiday firm Tui to shut 166 High Street shops
30/07/2020 | news | business | 434
The UK's largest tour operator says the move is partly down to more people booking online.
Lloyds bank warns about UK economic outlook
30/07/2020 | news | business | 131
Britain's biggest retail bank sees profits wiped out as it sets aside another £2.4bn for possible bad loans.
Redundancy pay to be protected by new law
30/07/2020 | news | business | 512
Furloughed workers losing their jobs will be eligible for redundancy pay based on their normal wages.
Home working trend could 'revive the High Street'
30/07/2020 | news | business | 475
Commercial property firms say there could be a high street revival as businesses exit city centres.
UK car output slumps to lowest level since 1954
30/07/2020 | news | business | 222
The SMMT trade group warns Brexit tariffs could deepen woes for a sector already in crisis.
Travel bosses demand end to blanket quarantine
29/07/2020 | news | business | 3,486
Regional travel corridors would allow quarantine-free visits to some areas of Spain, they tell the PM.
Odeon owner and Universal agree on streaming deal
29/07/2020 | news | business | 68
The firms sign a deal allowing Universal to show films in homes after just 17 days in cinemas.
Barclays: We want our people back in the office
29/07/2020 | news | business | 1,105
The bank's boss, who has said big offices might be outdated, now wants staff back in the workplace.
UK signs deal for 60 million virus vaccine doses
29/07/2020 | news | business | 209
The government signs a fourth deal, securing doses of a treatment being developed by GSK and Sanofi.
Closing furlough 'could lead to 10% unemployment'
28/07/2020 | news | business | 482
An economic research group says there is a risk the scheme is coming to an end prematurely.
Selfridges job cuts 'toughest decision ever'
28/07/2020 | news | business | 333
Upmarket department store chain Selfridges is cutting 450 workers, 14% of its workforce.
Greggs on a roll as customers rush back
28/07/2020 | news | business | 905
The bakery chain saw losses in the first half of 2020 but says sales are now 72% of last year's level.
BA faces strike threat over job cut plan
28/07/2020 | news | business | 502
The head of the trade union Unite warns the airline that it plans to move towards industrial action.
Amazon takes on supermarkets with free food delivery
28/07/2020 | news | business | 876
Same or next-day delivery will now be free for Prime subscribers in London on orders above £40.
UK talks on Spanish isles quarantine exemption
27/07/2020 | news | business | 1,539
A government source says no immediate decision is expected as No 10 warns "no travel is risk free".
UK economy 'might not recover until 2024'
27/07/2020 | news | business | 3,432
Analysts say it will take longer than expected for the economy to return to its pre-coronavirus size.
Ryanair still flying to Spain despite quarantine
27/07/2020 | news | business | 875
The airline says it will continue flights to Spain as normal, despite the UK's 14-day quarantine.
Portugal still on quarantine list for holidaymakers
24/07/2020 | news | business | 1,261
Travellers from Portugal will have to self-isolate but restrictions are relaxed for other nations.
Retail sales near pre-lockdown levels in June
24/07/2020 | news | business | 1,559
Sales rose by 13.9%, official figures show, as the reopening of shops released pent-up demand.
Factory takeover says much about government policy
23/07/2020 | news | business | 164
The government is buying a former fish vaccine plant - a small deal but a big strategic signal.
Guitar sales rise as UK gets into lockdown groove
23/07/2020 | news | business | 188
As more people learn guitar amid lockdown, the UK's biggest online seller of instruments sees sales surge.
Ice cream in, personal hygiene out in lockdown
23/07/2020 | news | business | 141
Ice cream sales surge but demand for deodorant and shampoo is down, says consumer goods giant Unilever.
'It's devastating news' - the firms still closed
23/07/2020 | news | business | 344
Nightclubs and soft play areas call for clarity over when they will be able to start trading again.
Chancellor 'turning his back on people in need'
23/07/2020 | news | business | 588
MPs say Rishi Sunak has "effectively drawn a line" under helping 1m people needing virus support.
Paint, wallpaper and compost sales soar in lockdown
22/07/2020 | news | business | 51
B&Q owner Kingfisher sees sales soar in lockdown as people do more DIY.
'My hotel is losing about £40,000 a month'
22/07/2020 | news | business | 298
Despite restrictions being eased, many firms have been unable to fully restart operations.
Airlines call for joint US-EU virus testing scheme
22/07/2020 | news | business | 117
Major carriers in the US and Europe want a coordinated programme to get passengers flying again.
Pay rise for almost 900,000 public sector workers
21/07/2020 | news | business | 802
Doctors, teachers and police officers are among those who will get a salary increase of up to 3.1%.
Lockdown Brits splurge on tea and biscuits
21/07/2020 | news | business | 184
People working from home have spent heavily on tea, coffee, biscuits and new books.
UK property sales in coronavirus summer slump
21/07/2020 | news | business | 200
Sales of homes picked up in June as the market reopened but remain 30% down on last year.
UK quarterly borrowing hits record high
21/07/2020 | news | business | 1,361
The government borrowed £127.9bn between April and June, the peak of the coronavirus pandemic.
17/07/2020 | news | business | 1,221
17/07/2020 | news | business | 1,522
17/07/2020 | news | business | 216
17/07/2020 | news | business | 285
16/07/2020 | news | business | 288
KFC, Nando's and Pret lower prices after VAT cut
15/07/2020 | news | business | 783
Starbucks and McDonald's also say they will cut prices after the chancellor's VAT reduction.
Credit card spending fell 50% at start of lockdown
15/07/2020 | news | business | 250
The use of credit cards dropped by nearly half in April as people shunned big purchases.
Clothing and games push up UK shop prices
15/07/2020 | news | business | 302
Consumer price inflation rises slightly to 0.6% in June, although food prices fell.
14/07/2020 | news | business | 769
Times 'ever more difficult' for savers as rates slip
14/07/2020 | news | business | 104
Savers have fewer products to choose from and interest rates have fallen below 1%, research suggests.
Ocado says switch to online shopping is permanent
14/07/2020 | news | business | 291
The online grocer saw "years of growth in months" amid the lockdown and says the retail world has changed.
Retail sales jump in June - 'but crisis not over'
14/07/2020 | news | business | 64
UK sales last month rose at their fastest pace for two years, the British Retail Consortium says.
Brexit: Get ready because this time it’s for real
13/07/2020 | news | business | 804
A new government document on preparing for Brexit presents a daunting checklist for business.
Disney heir among millionaires urging higher taxes
13/07/2020 | news | business | 256
Some of the world’s richest people want governments to raise taxes on them to help pay for Covid-19.
Holiday firms told to sharpen up on refunds
10/07/2020 | news | business | 81
The competition authority says some package holiday firms misled customers after virus-related cancellations.
Thousands cancel Gym Group memberships in lockdown
10/07/2020 | news | business | 223
The company plans to reopen but says it has lost 178,000 customers in the past three months.
Plans to cut energy bills face backlash from firms
09/07/2020 | news | business | 475
Households could see their energy bills cut by £20 a year under proposals from the regulator.
09/07/2020 | news | business | 1,903
09/07/2020 | news | business | 297
Burger King boss warns of UK job cuts
08/07/2020 | news | business | 63
The UK boss of the fast food giant said the chain could cut between 5% and 10% of its staff.
08/07/2020 | news | business | 3,679
08/07/2020 | news | business | 336
Citizens Advice takes redundancy calls every two minutes
07/07/2020 | news | business | 15
Millions of people are now calling the charity's national hotline seeking redundancy advice.
07/07/2020 | news | business | 166
07/07/2020 | news | business | 178
07/07/2020 | news | business | 528
Pret A Manger to shut 30 shops and cut 1,000 jobs
06/07/2020 | news | business | 947
The sandwich chain said the coronavirus downturn in trading meant it had to take a "difficult decision".
Sunak to give firms £1,000 'bonus' to hire trainees
06/07/2020 | news | business | 452
The government pledges £111m for schemes in England to get young people into work.
UK hospitality industry calls for 'urgent' support
06/07/2020 | news | business | 37
The hospitality sector has warned that half of firms will not break even this year without help.
06/07/2020 | news | business | 359
Payment freeze set to be extended for car loans
03/07/2020 | news | business | 140
The regulator wants to give people struggling with high-cost credit or car finance more time to pay.
'Refunds unlikely' if travellers must self-isolate
03/07/2020 | news | business | 195
Travel insurance is unlikely to cover those who have to cancel a holiday because they have Covid symptoms.
'We'll be cutting hair from midnight'
03/07/2020 | news | business | 73
Hairdressers and barbers can reopen from 4 July in England, with many booked up already.
'My mortgage holiday means I can't get a loan'
03/07/2020 | news | business | 122
One-sixth of homeowners have taken a mortgage holiday and it could affect their ability to borrow money.
02/07/2020 | news | business | 554
02/07/2020 | news | business | 93
UK businesses cut more than 12,000 jobs in two days
01/07/2020 | news | business | 3,147
Businesses including Topshop owner Arcadia, Harrods, John Lewis, Airbus and EasyJet are cutting back.
01/07/2020 | news | business | 544
House prices 'fall for first time in eight years'
01/07/2020 | news | business | 782
Values were lower in June than they were a year ago, the Nationwide says, as the virus hit the market.
01/07/2020 | news | business | 106
30/06/2020 | news | business | 78
Plane-maker Airbus to cut 15,000 jobs
30/06/2020 | news | business | 72
The aerospace firm blames coronavirus for the cuts, warning of 1,700 job losses at its UK plants.
EasyJet plans to close bases and cut staff
30/06/2020 | news | business | 666
The airline says it is consulting on plans to close bases at Stansted, Southend and Newcastle.
30/06/2020 | news | business | 1,809
Cineworld delays reopening UK cinemas to 31 July
30/06/2020 | news | business | 296
The cinema chain says it pushed back the opening date to tie in with upcoming movie releases.
People saving more but get little in return
30/06/2020 | news | business | 161
Many UK households have saved more money this year, just as interest rates have slumped.
29/06/2020 | news | business | 324
29/06/2020 | news | business | 2,453
29/06/2020 | news | business | 217
29/06/2020 | news | business | 348
26/06/2020 | news | business | 366
26/06/2020 | news | business | 537
Tesco shoppers buying more during fewer trips
26/06/2020 | news | business | 233
The supermarket says that in the three months to May, the number of trips fell by nearly a third.
26/06/2020 | news | business | 86
Waitrose boss backs chlorinated chicken ban
25/06/2020 | news | business | 917
He joins calls to stop any relaxation of rules on imports of chlorinated chicken and hormone-injected beef.
New laws to ease outdoor drinking and dining rules
25/06/2020 | news | business | 469
Pubs and restaurants will more easily be able to get "pavement licences" under plans to boost hospitality.
UK to lift quarantine for many European countries
25/06/2020 | news | business | 1,613
Ministers look set to exempt France, Italy, Spain, Greece, and several other European countries.
Decline in global growth worse than feared - IMF
24/06/2020 | news | business | 184
The International Monetary Fund lowers its economic forecast for this year and next, with Europe facing a big hit.
Airports giant set to halve UK workforce
24/06/2020 | news | business | 655
More than 4,500 jobs could be lost at the ground handling firm due to coronavirus effects on air travel.
Reopening pubs but keeping gyms shut 'illogical'
24/06/2020 | news | business | 148
Gym bosses call decision not to reopen indoor sports facilities on 4 July "extremely disappointing".
End of the road for the much-hyped Segway
24/06/2020 | news | business | 251
The self-balancing vehicle was launched 19 years ago with the aim of revolutionising personal transport.
Rent day arrives for struggling retailers
24/06/2020 | news | business | 99
Shops are due to pay their quarterly rent bill on Wednesday as landlords expect a shortfall.
Shopping centres' funding woes may prompt closures
23/06/2020 | news | business | 1,001
Intu, owner of the Trafford, Braehead and Lakeside shopping centres, puts administrators on standby.
23/06/2020 | news | business | 127
Ex-chancellor warns against return to austerity
23/06/2020 | news | business | 654
Sajid Javid calls for lower taxes on businesses to aid the UK's economic recovery.
British Gas owner plans cheaper energy rival
22/06/2020 | news | business | 134
The firm, which has been shedding customers and plans to cut jobs, is trying to boost profits.
Energy firms permitted to chase unpaid bills again
22/06/2020 | news | business | 651
Bailiffs are still banned from knocking on doors to collect unpaid parking fines or council tax.
Go Outdoors set to call in administrators
22/06/2020 | news | business | 64
The retailer is preparing to appoint advisers as the pandemic heaps more pressure on the High Street.
New rules to protect British firms amid virus
21/06/2020 | news | business | 175
The legislation will give the business secretary extra powers to impose conditions on takeovers.
19/06/2020 | news | business | 1,399
DIY spending splurge helps May sales recover
19/06/2020 | news | business | 172
The reopening of DIY shops and garden centres lifted sales, but they still remain far below normal levels.
UK debt now larger than size of whole economy
19/06/2020 | news | business | 2,346
May's record borrowing as income drops and spending balloons sees country's debt outstrips its economy.
Credit card freeze extended for three months
19/06/2020 | news | business | 79
Credit card, store card, catalogue credit and personal loan customers can defer repayments.
Up to 50 people 'chasing every job' in poor areas
19/06/2020 | news | business | 105
On average, 20 unemployed people are chasing each vacancy in poor areas, rising to 50 in places badly hit by the virus.
Sunak urges US to back digital services tax
18/06/2020 | news | business | 29
The US walked away from global talks over fears other countries were trying to "screw America".
DPD and B&Q owner to hire 7,500 as demand surges
18/06/2020 | news | business | 49
The firms say they need more staff to process and deliver the goods bought online during lockdown.
US says a UK trade deal 'unlikely' before November
17/06/2020 | news | business | 936
America and the UK are at odds on a range of issues from agriculture to to taxes on tech firms.
17/06/2020 | news | business | 247
HSBC to press on with 35,000 job cuts
17/06/2020 | news | business | 154
The bank announced the plan in February but put it on hold amid the coronavirus pandemic.
Boohoo swoops again to snap up High Street rivals
17/06/2020 | news | business | 138
The online retailer also reveals results boosted by sales of "athleisure" items during lockdown.
Record fuel price slump pushes down UK inflation
17/06/2020 | news | business | 1,431
Fuel costs fell sharply in May, pushing the inflation rate down to a fresh four-year low of 0.5%.
How Elon Musk aims to revolutionise battery technology
17/06/2020 | news | business | 500
Could the least exciting bit of Elon Musk's empire end up being the most transformative?
Job cuts warning as 600,000 roles go in lockdown
16/06/2020 | news | business | 1,382
Economists say the full impact on employment will not be felt until wage support schemes end in October.
Greggs to reopen 800 shops for takeaway
16/06/2020 | news | business | 417
Greggs edges towards full reopening while Cineworld cinemas plan to restart screenings in July.
Restaurant bosses in plea to PM over job cut fears
16/06/2020 | news | business | 164
Bosses from 90 firms, including from Pizza Hut, Itsu and Deliveroo, warn of "grave damage" to the industry.
I feel 100% safe on full planes, says EasyJet boss
15/06/2020 | news | business | 1,299
The comments come as the airline begins offering a limited numbers of flights on mainly domestic routes.
BP faces $17.5bn hit as it forecasts cheaper oil
15/06/2020 | news | business | 305
The firm expects prices to be lower as plans to cut carbon emissions are sped up in the wake of coronavirus.
A million miss out on virus support schemes - MPs
15/06/2020 | news | business | 425
Report tells ministers to plug gaps in aid schemes to fulfil a promise to "do whatever it takes".
Holiday plans at risk over lack of insurance cover
15/06/2020 | news | business | 79
When overseas travel is permitted again, holidaymakers and volunteers may find insurance cover is limited.
12/06/2020 | news | business | 4,160
Fears of second virus outbreak hit global shares
12/06/2020 | news | business | 37
A grim Fed outlook and uptick in virus cases in some US states fans concerns about economic recovery.
12/06/2020 | news | business | 112
Under-30s worst hit by lockdown financial squeeze
11/06/2020 | news | business | 744
No savings and less chance to cut spending means an income fall hits the young hardest, the ONS says.
Lufthansa plans to cut 22,000 jobs
11/06/2020 | news | business | 169
The German airline is struggling to deal with the fall in demand for air travel caused by the pandemic.
11/06/2020 | news | business | 901
11/06/2020 | news | business | 1,195
Home insulation 'could create cheap jobs'
11/06/2020 | news | business | 149
Creating a job in insulation costs £59,000 compared to £250,000 for a job in road maintenance, a report suggests.
10/06/2020 | news | business | 3,672
10/06/2020 | news | business | 1,362
More than one in four UK workers now furloughed
09/06/2020 | news | business | 1,344
The scheme to pay wages of workers on leave because of coronavirus has now cost £19.6bn.
UK to start post-Brexit trade talks with Japan
09/06/2020 | news | business | 1,159
Britain is embarking on negotiations over trade deals with countries around the world including the US.
09/06/2020 | news | business | 164
UK post-Brexit drug stockpiles at risk amid virus
08/06/2020 | news | business | 1,725
UK is warned by the pharmaceutical sector to build up and pay for a broader stockpile of medicines.
Coronavirus ban on evicting renters extended
05/06/2020 | news | business | 652
No-one will be evicted from their home this summer, Housing Secretary Robert Jenrick says.
Coronavirus: Government under fire for cheap loans to big firms
05/06/2020 | news | business | 296
More than £16bn has been handed out to some household names including BA, Tottenham Hotspur and M&S.
Coronavirus: BA threatens legal action over quarantine plans
05/06/2020 | news | business | 840
Airline owner IAG is meeting lawyers to decide whether to challenge government over quarantine plans.
Bentley to cut up to a quarter of its workforce
05/06/2020 | news | business | 102
The firm, which makes its luxury cars in Crewe, says up to 1,000 jobs will go.
Coronavirus: Job losses 'just the tip of the iceberg'
05/06/2020 | news | business | 158
The boss of the UK's largest recruitment firm says he fears unemployment is set to rise steeply.
Watchdog backs steelworkers amid pension overhaul
05/06/2020 | news | business | 87
Charges which lead to savers switching out of high quality pension plans will be banned from October.
Retailer Gap posts near-$1bn loss due to coronavirus
05/06/2020 | news | business | 40
Stores around the world have been forced to shut their doors due to the virus pandemic.
Quarantine rules a 'killer blow' for travel sector
04/06/2020 | news | business | 2,041
The travel industry warns the mandatory two-week self-isolation will put tourists off UK visits.
Eurozone in fresh emergency action to boost economy
04/06/2020 | news | business | 508
The central bank will increase the size of its bond buying programme by €600bn (£546bn) to €1.35tn.
Debenhams to start reopening shops after lockdown
04/06/2020 | news | business | 605
The chain will reopen three shops in Northern Ireland on Monday, followed by 50 in England a week later.
German families get €300 per child to revive economy
04/06/2020 | news | business | 143
The one-off payment is part of a series of measures to boost an economy hit by the coronavirus crisis.
Coronavirus: Lookers and Aston Martin cut 2,000 car jobs
04/06/2020 | news | business | 1,029
The Lookers dealership cuts 1,500 staff and Aston Martin sheds 500, as latest figures show plunge in sales.
Frankie & Benny's owner to close up to 120 sites
03/06/2020 | news | business | 466
About 3,000 jobs are at risk after one the UK's big restaurant group's warned of a coronavirus hit to profits.
03/06/2020 | news | business | 155
Nissan says UK factory under no-deal Brexit threat
03/06/2020 | news | business | 1,939
Britain's largest car plant is "unsustainable" without a trade deal, the Japanese company says.
Zoom sees sales boom amid pandemic
02/06/2020 | news | business | 324
The pandemic has opened up new opportunities for the video conference company.
Coronavirus: More than a quarter of UK workers now furloughed
02/06/2020 | news | business | 290
Some 8.7 million workers have been furloughed since April, government figures show.
House prices see largest monthly fall for 11 years, says Nationwide
02/06/2020 | news | business | 960
The Nationwide says house prices fell 1.7% in May as the coronavirus crisis hit market activity.
Oxfam tells people to call ahead before donating
02/06/2020 | news | business | 123
The charity says it will begin reopening its network of charity shops in England from 15 June.
Customers queue for hours as Ikea reopens 19 shops
01/06/2020 | news | business | 1,792
Thousands have queued to get into the furniture giant's stores amid strict social distancing measures.
Holiday firms in fresh plea over flight quarantine
01/06/2020 | news | business | 1,749
A letter to Home Secretary Priti Patel follows calls last week from MPs to reconsider the rules.
Manufacturers urge bailout as sector suffers
01/06/2020 | news | business | 91
The coronavirus crisis has left many manufacturers on the "cliff edge", an industry body warns.
Primark says no 'special discounts' when shops reopen
01/06/2020 | news | business | 886
The fashion chain says it has built up almost £2bn-worth of stock, but there will be no discounts.
Coronavirus: 'Our business can now get cracking' after lockdown
01/06/2020 | news | business | 364
Outdoor markets and car showrooms in England are allowed to reopen from Monday amid the pandemic.
Make Covid-19 recovery green, say business leaders
01/06/2020 | news | business | 549
Well-known firms such as Asda and Lloyds Bank are urging ministers to prioritise the environment.
Coronavirus furlough scheme to finish at end of October, says chancellor
29/05/2020 | news | business | 2,165
Chancellor Rishi Sunak says employers must start sharing the cost of the scheme from August.
Why payday is different during the crisis
29/05/2020 | news | business | 378
As many people see smaller pay cheques, we explain wages and sick pay during the coronavirus crisis.
Virus-hit self-employed to receive second payment
29/05/2020 | news | business | 419
Applications for a "second and final" grant of up to £6,570 will open in August, the chancellor says.
Chancellor set to outline furlough scheme changes
29/05/2020 | news | business | 607
The government is currently paying part of the wages of more than 8 million furloughed workers.
Coronavirus: Rishi Sunak urged by MPs to extend self-employed help
29/05/2020 | news | business | 1,228
A group of 113 MPs and a 100,000-strong petition warn ending a support scheme would cause hardship.
Coronavirus: New mortgage holiday should affect credit record, says Nationwide boss
29/05/2020 | news | business | 1,299
The UK's biggest building society says struggling applicants should be flagged to lenders.
Coronavirus: UK sees almost no car manufacturing in April
29/05/2020 | news | business | 198
Output fell by 99.7% from the same month last year as virus closes car plants.
Biggest UK solar plant approved
28/05/2020 | news | business | 167
Climate change: Go-ahead for controversial solar farm - the UK's biggest
MPs call for urgent action to save aviation jobs
28/05/2020 | news | business | 1,078
A cross-party group adds its voice to concerns about the government's plan to quarantine all arrivals.
Nissan backs UK plant but protests erupt in Spain
28/05/2020 | news | business | 1,263
Almost 3,000 jobs will be lost in Spain but the carmaker says its Sunderland factory will stay open.
EasyJet plans up to 4,500 job cuts as virus hits
28/05/2020 | news | business | 864
The airline says up to 30% of its workforce will go as it struggles with the slump in demand for air travel.
Coronavirus: Hardship risk 'could undermine test and trace system'
28/05/2020 | news | business | 73
The rules and rates of sick pay could leave people feeling compelled to work, unions say.
Charity shops fear deluge of donations
28/05/2020 | news | business | 559
Lockdown has inspired mass clear outs but charities ask customers to be selective with donation.
UK furlough scheme now covers 8.4 million workers
27/05/2020 | news | business | 1,088
The scheme to pay wages of workers on leave because of coronavirus has now cost £15bn.
Coronavirus: Young could be scarred throughout working life
27/05/2020 | news | business | 147
UN agency the International Labour Organisation warns of potential "lockdown generation".
'Short-lived' rebound in house hunter demand
27/05/2020 | news | business | 336
Buyer demand leapt when curbs on the sector were lifted in England, but may not last long-term, analysis says.
Record drop in energy investment, warns IEA
27/05/2020 | news | business | 95
The pandemic has caused a record fall in energy investment and will likely lead to more pollution.
Coronavirus: John Lewis plans phased reopening of stores
26/05/2020 | news | business | 1,553
Shops in England will start to reopen next week, but will customers return or stick to online ordering?
McLaren to cut 1,200 jobs as virus hits demand
26/05/2020 | news | business | 110
The supercar maker and Formula 1 team plans to layoff 25% of its workforce, the vast majority in the UK.
Coronavirus: Lufthansa agrees €9bn rescue deal with Germany
25/05/2020 | news | business | 87
European markets rose on the bailout deal news, which sees Germany take a 20% stake in the firm.
Coronavirus: Spain to stop quarantining arrivals from 1 July
25/05/2020 | news | business | 704
The country hopes to save the summer season but UK tourists face quarantine in their own country.
UK must agree 'air bridges', warn business groups
24/05/2020 | news | business | 1,463
Industries say the UK will be left behind, unless it relaxes quarantine rules with low-risk nations.
Ikea to begin reopening stores
22/05/2020 | news | business | 214
But the furniture giant will limit family groups to one adult and one child per household.
Mortgage payment holiday extended for three months
22/05/2020 | news | business | 696
The Treasury cautions that borrowers should continue to pay their mortgages if they are able.
Carluccio's bought by Giraffe owner but jobs cut
22/05/2020 | news | business | 37
The deal saves 800 jobs and 30 sites, but 40 restaurants and more than 1,000 jobs will be lost.
Wetherspoon pubs set out post-lockdown plans
22/05/2020 | news | business | 343
The pub chain has said that staff will be given face masks and protective eyewear when pubs reopen.
UK borrowing at record high as virus cost soars
22/05/2020 | news | business | 1,664
The government borrowed £62bn in April - the highest monthly figure since records began.
Retail sales crash in April as lockdown hits shops
22/05/2020 | news | business | 471
British clothing sales plummeted by 50.2% last month as many High Street stores were closed.
Flexible working will be a new normal after virus
22/05/2020 | news | business | 99
Facebook and New Zealand's prime minister are the latest to support a radical shift in how we all work.
Job adverts increase in rural areas despite virus
22/05/2020 | news | business | 45
Roofers and security guards are among professions with increased demand, one study suggests.
Coronavirus: EasyJet passengers will be required to wear masks
21/05/2020 | news | business | 933
The airline will restart a "small number" of routes in June and flyers must use masks.
Clarks to cut 900 office jobs in shake-up
21/05/2020 | news | business | 117
The 195-year-old firm said it had to make "some difficult decisions" to re-energise the business
Facebook's Zuckerberg defends actions on virus misinformation
21/05/2020 | news | business | 1,007
Facebook's founder Mark Zuckerberg tells the BBC it will remove content likely to result in "imminent harm".
UK property sales hit record low in April
21/05/2020 | news | business | 84
New data from HMRC revealed 38,060 deals involving residential homes last month.
Coronavirus: AstraZeneca ready to supply potential vaccine in September
21/05/2020 | news | business | 194
AstraZeneca agrees deals to deliver at least 400 million doses of a Covid-19 vaccine, providing it works.
Coronavirus: Shopping may never be the same, says M&S
20/05/2020 | news | business | 547
The retail giant says customers are cooking more from scratch and shopping more online.
Toy and vegetable costs rise as fuel price drops
20/05/2020 | news | business | 1,087
April's inflation tumbles to 0.8%, but the price of vegetables, toys and knitting wool rise amid lockdown.
World Bank warns 60m at risk of 'extreme poverty'
20/05/2020 | news | business | 83
The financial impact of the coronavirus is hitting poor nations hard and destroying millions of livelihoods.
Are Britain's banks strong enough for coronavirus?
20/05/2020 | news | business | 120
It depends on how you measure their strength, say regulators, investors and academics.
Universal credit claims hit record during lockdown
20/05/2020 | news | business | 241
The number of claims has jumped to six times more than a year earlier as incomes are hit.
Extra bank holiday in October being considered
19/05/2020 | news | business | 2,089
The tourist industry says another public holiday would help offset losses caused by the lockdown.
Big sales expected as clothes shops plan to reopen
19/05/2020 | news | business | 687
Stores 'will have to discount heavily' to shift excess stock that may now be out of season, one analyst said.
UK tourism boss backs call for 'air bridges'
19/05/2020 | news | business | 545
Air bridges would allow visitors from low-risk countries into the UK without having to quarantine.
Bosses' bonuses banned in exchange for virus loans
19/05/2020 | news | business | 203
The Treasury and the Bank of England will restrict company payouts for firms seeking taxpayer funds.
6,000 jobs at risk at Cafe Rouge and Bella Italia
18/05/2020 | news | business | 440
The chains' owner Casual Dining Group files intent to appoint administrators after the virus lockdown hit trading.
Electric bikes 'could help people return to work'
18/05/2020 | news | business | 576
A rise in electric-bikes would extend the range of cyclists using them to commute, a study finds.
Watchdog seeks emergency powers to curb price rises
18/05/2020 | news | business | 216
The Competition and Markets Authority says hundreds of firms have pushed up prices during the pandemic.
Ryanair says passenger numbers set to halve
18/05/2020 | news | business | 638
But the airline says it will weather the coronavirus crisis and emerge stronger afterwards.
Japan falls into recession as virus takes its toll
18/05/2020 | news | business | 64
The world's third biggest economy has fallen into recession for the first time in more than four years.
Government backtracks on French quarantine exemption
15/05/2020 | news | business | 1,449
Under the plans announced last weekend, people arriving from abroad must isolate themselves for two weeks.
Financial district prepares for new way of working
15/05/2020 | news | business | 261
The huge Canary Wharf complex draws up plans for tens of thousands of workers to return post-lockdown.
William Hill punters bet on table tennis in sports lull
15/05/2020 | news | business | 296
William Hill says gamblers have switched to "alternative sports" during the coronavirus pandemic.
Coronavirus: LNER introduces mandatory ticket reservations
15/05/2020 | news | business | 390
Rail operators ramp up social distancing measures with move to pre-booked tickets and face masks.
Coronavirus 'could cost global economy $8.8tn'
15/05/2020 | news | business | 73
It comes as authorities around the world have taken aggressive action to support their economies.
Coronavirus: Lloyd's of London says claims to be biggest since 9/11
14/05/2020 | news | business | 346
Insurance market Lloyd's of London says it expects coronavirus-related claims to cost it up to $4.3bn.
Coronavirus: Government faces WW2-sized bill for tackling virus
14/05/2020 | news | business | 1,284
The increased cost of the furlough scheme pushes borrowing to a level not seen since wartime.
Coronavirus: Uber tells all drivers to wear face masks
14/05/2020 | news | business | 136
The ride-hailing firm is providing UK taxi drivers with protective gear, but its use is not mandatory.
Chancellor says UK facing 'significant recession'
13/05/2020 | news | business | 7,223
The UK's economy shrank at the fastest pace since 2008 during the first three months of the year.
Coronavirus: Marks & Spencer cafes to reopen for takeaway
13/05/2020 | news | business | 160
The chain is the latest to reopen branches, with Pret a Manger and Caffe Nero also opening sites.
Moving home allowed as curbs lift on estate agents
13/05/2020 | news | business | 437
Relief for hundreds of thousands as the government sets out plans to restart England's housing market.
Commuters told 'prepare to queue' in new guidance
12/05/2020 | news | business | 514
Public transport, even running at full capacity, will only be able to carry a tenth of normal numbers.
Ryanair flyers must ask for loo as flights ramp up
12/05/2020 | news | business | 1,524
The airline aims to reintroduce 40% of its schedule from July, subject to travel restrictions being lifted.
Foreign holiday season 'likely to be cancelled'
12/05/2020 | news | business | 3,665
Health Secretary Matt Hancock says "big, lavish international holidays" are unlikely this summer.
Only 10% office space in use, says property firm
12/05/2020 | news | business | 101
Land Securities says the majority of its customers' employees are now working from home.
Bitcoin goes through much-hyped third 'halving'
12/05/2020 | news | business | 132
Investors are debating what impact the adjustment will have on the cryptocurrency market.
Arrivals from France to escape UK quarantine
11/05/2020 | news | business | 2,669
The UK government says the new measures will not apply to those travelling from France.
Morrisons cuts petrol price to below £1 a litre
11/05/2020 | news | business | 438
It is the first time a national chain has sold petrol in the UK at this price since February 2016.
Workers 'should not return to unsafe workplaces'
11/05/2020 | news | business | 2,459
Union boss Len McCluskey says workers should not be "pressured" as lockdown measures start to ease.
Coronavirus: High Streets see 'fastest ever' footfall drop
11/05/2020 | news | business | 135
Springboard says the fall in the number of shoppers visiting UK High Streets was "unprecedented".
UK 'to bring in 14-day quarantine' for air passengers
09/05/2020 | news | business | 9,501
An airline industry body says it has been told coronavirus quarantining will start from the end of May.
Coronavirus: US unemployment claims hit 33.3 million amid virus
07/05/2020 | news | business | 380
Data shows roughly one-fifth of the US workforce has filed for unemployment benefits since mid-March.
Heathrow can appeal against third runway block
07/05/2020 | news | business | 234
The airport has been granted permission to appeal a block on its expansion plans
Bank of England warns of sharpest recession on record
07/05/2020 | news | business | 5,332
Bank head Andrew Bailey tells the BBC there will be no quick return to normality after the hit to jobs and income.
Passengers told to wear gloves at some UK airports
07/05/2020 | news | business | 538
The owner of Stansted and Manchester airports says passengers must cover their faces and wear gloves.
Virgin Media and O2 join forces to take on BT
07/05/2020 | news | business | 383
A tie-up is agreed that will create one of the UK's largest mobile, broadband and media firms.
Coronavirus: Boom time for bikes as virus changes lifestyles
07/05/2020 | news | business | 242
Bicycle shops across the UK say demand for new bikes, and repairs for old ones, has risen sharply.
Uber axes 3,700 staff as trips drop in lockdowns
06/05/2020 | news | business | 185
The pandemic has added to financial challenges facing the taxi-hailing app firm.
Will the government keep paying workers’ wages?
06/05/2020 | news | business | 203
The chancellor has admitted the scheme is not sustainable, and is looking at how to slowly withdraw it.
Heathrow trialling passenger temperature checks
06/05/2020 | news | business | 1,095
Heathrow boss urges government to help his industry saying restarting aviation is key to restarting UK economy as a whole.
Coronavirus: EU facing 'deep and uneven recession'
06/05/2020 | news | business | 551
The European Commission predicts a decline in economic activity this year of 7.5%.
Coronavirus: Firms ready to restart within three weeks, says business group
06/05/2020 | news | business | 992
Most firms are ready to restart operations with three weeks’ notice, with many embracing new practices.
Coronavirus: Spirits firm turns to hand sanitisers after sales evaporate
06/05/2020 | news | business | 55
Falling alcohol sales at a specialist Cotswold spirits firm have been replaced by "exceptional" sales of its new line in hand sanitisers.
Barclays customers struggle to get 'vital' loans
05/05/2020 | news | business | 314
Small businesses are reporting problems accessing money under the Bounce Back Loan scheme.
M&S extends 30-minute home delivery service
05/05/2020 | news | business | 283
Customers can now order from a range of about 130 M&S food and household items through Deliveroo.
Coronavirus: UK economy 'set for deepest downturn in memory'
05/05/2020 | news | business | 2,374
A closely watched survey confirms that the service sector contracted at a record pace last month.
Vue Cinemas hoping for mid-July reopening
05/05/2020 | news | business | 427
The boss of one of Britain's biggest chains says cinemas can control social distancing.
Coronavirus: UK car sales plunge to lowest level since 1946
05/05/2020 | news | business | 932
Motor industry records only a few thousand registrations as Covid-19 outbreak keeps buyers at home.
US to borrow record $3tn in pandemic spending
04/05/2020 | news | business | 632
The sum is more than five times the previous quarterly record, in the 2008 financial crisis.
Government pays nearly quarter of worker wages
04/05/2020 | news | business | 1,775
Programme to help people put on leave due to coronavrius is now being used by 6.3 million people.
Coronavirus: UK banks get 100,000 loan applications on first day
04/05/2020 | news | business | 307
Banks see stampede for bounce-back loans within hours of the new government scheme going live.
O2 and Virgin Media in talks to merge
04/05/2020 | news | business | 198
A tie-up between two of the UK's largest mobile, broadband and media firms could create a major rival to BT.
Passengers told to wear face masks on flights
04/05/2020 | news | business | 694
Some airlines are now making it compulsory for travellers to put on masks when they resume travel.
Unions warn over move to increase rail services
04/05/2020 | news | business | 286
Rail union leaders have written to Prime Minister Boris Johnson with "severe concerns".
McDonald's to start delivery-only reopening
01/05/2020 | news | business | 749
The fast food chain will reopen 15 outlets, serving a limited menu that won't include breakfast.
Social-distancing at airports is 'impossible', says Heathrow boss
01/05/2020 | news | business | 1,275
Heathrow Airport boss warns that social-distancing at airports is "physically impossible".
Greggs U-turn over sausage roll rush fears
01/05/2020 | news | business | 810
Concern about too many customers means the bakery chain will now reopen behind closed doors.
How the government plans to get the UK back to work
01/05/2020 | news | business | 729
Businesses and trade bodies have been asked to advise on safe ways to restart the economy.
Virus vaccine 'could be ready by end of the year'
30/04/2020 | news | business | 371
AstraZeneca will make and distribute Oxford University's coronavirus vaccine if it proves effective.
Coronavirus: Eurozone economy shrinks at record rate
30/04/2020 | news | business | 872
Single currency nations see a sharp fall in GDP during the first quarter of the year.
Coronavirus: Fewer loans approved as firms rush to get lifeline
30/04/2020 | news | business | 120
Fewer coronavirus loans were agreed in the week to Tuesday, leaving half of businesses still waiting.
Shell cuts dividend for first time since WW2
30/04/2020 | news | business | 122
Royal Dutch Shell slashes its quarterly dividend by two-thirds amid the global oil price shock.
Coronavirus: Sainsbury’s boss warns queues set to stay in place
30/04/2020 | news | business | 984
The supermarket says socially-distanced queues are likely to remain "for the foreseeable future".