Tuesday, March 31, 2020

Coronavirus: Zoom under increased scrutiny as popularity soars

The New York attorney general has written to the videoconferencing company about its security measures.

Coronavirus: A fifth of smaller UK firms 'will run out of cash'

Despite government help, almost 20% of UK firms are unlikely to get the money they need to survive.

National living wage rises by 6.2%

The increase has been welcomed by unions and takes the hourly pay for people aged 25 and over to £8.72.

Sainsbury’s uses ‘loophole’ to keep Argos open

Supermarket chain accused of exploiting law to flog its Argos homewares during coronavirus lockdown.

Banks bow to pressure and axe dividend payments

The Bank of England welcomed the decision by the UK's biggest banks and encouraged them to scrap bonuses.

Coronavirus: Stock markets suffer worst quarter since 1987

The Dow Jones and FTSE 100 have fallen more than 20% since the start of the year.

Coronavirus: 5G ‘certainly delayed’ in Europe and UK

UK and European 5G network rollouts will certainly be delayed during the pandemic, Huawei says.

Coronavirus: New job starters 'petrified' over wage help scheme

Workers who started new jobs in March are not eligible for the government's wage grant scheme.

Coronavirus: Debenhams seeks urgent deal with landlords

The department store is heading for another major restructuring which could involve more store closures.

Coronavirus: 'I don't want a flight voucher, where's my refund?'

The airlines' trade body wants to give vouchers for cancelled flights but passengers are unhappy.

Coronavirus: UK mortgage market goes into lockdown

Lenders are cutting back on loans, unless borrowers have a huge deposit or plenty of equity.

Coronavirus: Millions will be left in poverty, World Bank warns

"Significant economic pain seems unavoidable in all countries”, the World Bank warns.

Coronavirus: Record supermarket sales in March 'busier than Christmas'

Grocery sales this month beat all previous records as shoppers stocked up, a survey says,

Coronavirus: British Airways suspends all Gatwick flights

The airline says it is facing a challenging environment in "unprecedented circumstances".

Monday, March 30, 2020

Coronavirus: American Airlines to seek $12bn in state aid

The US carrier says it will ask for government help to survive during the coronavirus downturn.

Coronavirus: Airport handlers at risk of collapse

Aviation services companies are calling on the government for urgent assistance due to the pandemic.

'My $60m weight-loss app cured my personal pain'

Victoria Repa has created an app to help people lose weight, an issue she struggled with growing up.

Coronavirus: Millions of garden plants set to be binned

The Horticultural Trades Association says many producers could go bust because of the coronavirus.

Coronavirus: Amazon workers threaten strikes over virus protection

Some US workers at Amazon and Instacart are threatening to strike over inadequate coronavirus protections.

Coronavirus: Why are planes still flying?

A number of global airlines are still running passenger flights amid the coronavirus pandemic.

Coronavirus: Carluccio's collapses putting 2,000 jobs at risk

The future of some 2,000 of the restaurant's employees hang in the balance.

BrightHouse: Collapse of rent-to-own giant confirmed

Customers must keep paying for items they are renting despite administrators being appointed.

Coronavirus: Uber and Deliveroo offer NHS free trips and food

Despite the offers unions say the firms are "still failing" to support their own workers during the crisis.

Coronavirus: Easter eggs are 'essential' small shops insist

Officials trying to stop convenience stores selling Easter eggs are told they have misread the rules.

Coronavirus: Oil price collapses to lowest level for 18 years

The price of crude sinks to $23 a barrel as demand plummets due to the coronavirus pandemic.

Sunday, March 29, 2020

Regional connectivity at risk, says airline boss

The head of Loganair, the UK's biggest regional airline, says he will ask the government for help.

Coronavirus: NHS Nightingale work for Virgin and easyJet staff

Virgin Atlantic and easyJet appeal to staff to step in and help at the NHS Nightingale hospital.

Coronavirus: Fake news crackdown by UK government

A rapid response unit is working with social media firms to take down misleading or harmful content.

Manufacturers cast doubt on ventilator target

Engineering firms say the UK may not have all the ventilators it needs when virus infections peak.

Coronavirus: UK ‘wasting time’ on NHS protective gear orders

Textile firms say they could have begun making gowns and masks for front-line workers ten days ago.

Coronavirus: Airlines ‘entering danger zone’

A group of 38 MPs calls on the chancellor to support airlines during the coronavirus crisis.

Saturday, March 28, 2020

Coronavirus: Six things that are booming in sales

Amid the virus, some retailers are seeing trade collapse, but others are overwhelmed by demand.

Dairy farmers 'could go under' despite milk demand rise

Main UK milk processor Freshways says its price cut was forced by a drop in pub and coffee shop trade.

Coronavirus: Calls for better workplace social distancing guidance

Hundreds of people raise concerns about workers being too close together at more than 150 companies.

Coronavirus: OneWeb blames pandemic for collapse

OneWeb, the high-profile London-based satellite start-up, files for bankruptcy protection in the US.

The uncertain future for China's electric car makers

China is the biggest market for electric vehicles, but the coronavirus is the latest blow to shake the industry.

Friday, March 27, 2020

‘My dream home hangs in the balance’

Government advice to "postpone a move if at all possible" amid the coronavirus outbreak has left many plans in flux.

Coronavirus lockdown: Clubbers go online for music

With the coronavirus lockdown bringing normal nightlife to an end, some enterprising DJs are going online.

Food wholesalers offer online orders to sell stock

After trade from business stops, food and drink wholesalers are launching online home deliveries.

Coronavirus: Virgin Atlantic to seek bailout in coming days

The airline is to ask the government for cash to keep going after coronavirus leads to travel slump.

Coronavirus: 2,000 jobs at risk as Carluccio's faces collapse

The food chain is in talks with administrators after previously warning of coronavirus impact.

John Menzies axes 17,500 jobs amid travel slump

The aviation services firm says it is cutting costs to mitigate the effects of the coronavirus outbreak on its business.

Drop in consumer confidence sends US stocks lower again

A closely watched survey finds US consumer confidence at the lowest level in three years.

Coronavirus: Key workers allowed to carry over holiday

"Use it or lose it" annual leave rules scrapped for essential workers needed to combat coronavirus.

Rent-to-own giant Brighthouse close to collapse

Some 2,400 staff will lose their jobs as the company is expected to fall into administration.

Coronavirus: Minister defends wait for self-employed bailout

Some people who fall outside the terms of the rescue grants say their hopes have been dashed.

Coronavirus: Mike Ashley 'deeply apologetic' for blunders

The Sports Direct owner admits it was a mistake to lobby the government to keep his shops open.

Thursday, March 26, 2020

Coronavirus: Asia shares up on multi-trillion dollar stimulus hopes

Investors are betting that measures by the US and G20 will ease the economic impact of the pandemic.

Designer brand Ralph Lauren to make masks and gowns

Luxury fashion brands are shifting manufacturing to make vital medical wear for the coronavirus effort.

Coronavirus: Supermarkets to get government list of vulnerable people

Chains can access a government database with the names of millions who are most at risk of coronavirus.

US stocks rally despite record unemployment claims

The gains cap the best three-day streak for the Dow and S&P 500 since the Great Depression.

Coronavirus: Next makes U-turn on shutting warehouses

Next said it had "listened carefully" to its staff who "increasingly felt" they should be at home.

‘I’m devastated there’s no support for me’

Some self-employed workers will fall through the net, while others say they need the help sooner.

Coronavirus: NHS uses tech giants to plan crisis response

Amazon and Microsoft are among those helping with a dashboard to model where ventilators should go.

Coronavirus: UK government unveils aid for self-employed

The self-employed will be paid up to £2,500 a month to help them cope with the coronavirus crisis.

Coronavirus: What help will self-employed get from government?

What is being done for the five million self-employed people in the UK facing a sudden loss of income?

Coronavirus: Weekly house buying interest slumps 40%

Property listing websites say buyers are pausing decisions as the government cautions against moving.

Coronavirus: 'We are not working in safe conditions'

Many workers say they are being made to continue doing non-essential work, despite government advice.

US unemployment claims hit record amid coronavirus lockdown

The number of people in the US seeking jobless benefits jumped to nearly 3.3 million last week.

Huawei P40 flagship phones launch amid Covid-19 crisis

Experts say demand outside of China is likely to be weak because of the virus pandemic and absent apps.

Postmasters 'rejoice' as convictions appeal granted

Dozens were accused of stealing money, with some jailed, after the Post Office introduced a new IT system.

Coronavirus: US Senate passes $2tn disaster aid bill

The largest government economic stimulus in US history is approved, despite a last-minute row.

Asian 'poster child' sends coronavirus economic impact signal

Singapore's sharp slowdown suggests a major contraction for a world economy battling coronavirus.

Wednesday, March 25, 2020

Coronavirus: Rishi Sunak to unveil financial aid for self-employed

The chancellor's coronavirus support package comes after the PM pledges to do "whatever we can".

Why orange juice prices are soaring on global markets

Demand is rising for orange juice during virus outbreak while supply is hit by transport restrictions.

Banks under fire for coronavirus loan tactics

MPs have criticised banks for asking business owners to put their own property up to secure loans.

Coronavirus: What’s behind the great toilet roll grab?

Supermarkets and ethical toilet roll firms have seen soaring demand as customers stockpile due to Covid-19.

Marini Naturals: The haircare business that reaches 12 countries

Michelle Ntalami couldn't buy the products she wanted for her hair, so she set up a company to sell them.

Coronavirus: Government orders 10,000 ventilators from Dyson

The engineering firm developed a new type of ventilator in response to calls on behalf of the NHS.

Coronavirus: London City Airport to shut due to outbreak

All commercial and private flights will be temporarily suspended from Wednesday evening.

The companies that need workers

Out of work? These companies need workers right now.

Coronavirus: Halfords has ‘essential role to play’

The retailer will keep some shops and garages open after being named an essential provider of services.

Coronavirus: Drivers to get six-month emergency MOT extension

The exemption comes into force on 30 March which means vehicles due an MOT before then must take it.

Coronavirus: Construction firms split as shutdown calls grow

Confusion deepens as some firms decide to stay open, citing government guidelines for essential work.

Tuesday, March 24, 2020

Nike turns to digital sales during virus shutdown

Sportswear giant Nike paints an upbeat picture for sales and sees a huge rise in personal training apps.

Asia markets up on US stimulus hopes

Stocks rally around the world as America readies near-$2tn economic package as volatility continues.

Facebook video calls soar 1000% during Italy's lockdown

The social media platform has seen usage rocket in countries hardest hit by coronavirus lockdowns.

'Avoid using the microwave to get faster internet'

With millions of people working from home, media watchdog Ofcom has some tips to boost internet speed.

Could synthetic fish be a better catch of the day?

Start-ups are growing fish "meat" in labs and say it will be competitive with fish from the sea.

Global stock markets surge after weeks of losses

The Dow rose more than 11% for its best day since 1933, while the FTSE 100 closed 9% higher.

Coronavirus: No extra help for airlines, chancellor says

Rishi Sunak says bailing out airlines would be a "last resort" as the sector braces for a $252bn loss.

Coronavirus: Dyson develops ventilators for NHS

Vacuum-maker aims to engineer and make a new type of ventilator, but others are focusing on existing designs.

Coronavirus: Supermarkets limit shoppers as rules tighten

Shops have brought in a host of measures following the introduction of strict new government curbs.

Coronavirus: Self-employed bailout ‘problematic’

Rishi Sunak refuses to commit to a precise date for help, saying there are issues about the fairness.

Coronavirus: Construction workers fear for their safety

Pressure is growing on government to act to protect construction workers against the coronavirus risk.

Coronavirus: Bank branches close as virus affects access

Customers should only call phone lines for the most urgent need, to allow vulnerable people to get through.

Wetherspoon boss suggests staff get a job at Tesco

Tim Martin says workers can take up jobs with supermarkets following the coronavirus shutdown.

Burger King boss: We’re not going to pay our rent

Hundreds of High Street businesses are set to withhold their quarterly rent payments, due on Wednesday.

Monday, March 23, 2020

US tech giants team up to tackle coronavirus

Online retail giant Amazon and Microsoft's Bill Gates are working together to track the outbreak's spread.

Coronavirus: ‘How is £94 a week going to pay anyone’s bills?’

Freelance gig economy workers say they cannot survive on the support offered by the government.

'I bought a winery and it caused a US-French row'

When US entrepreneur Michael Baum bought a famous French vineyard it caused a trans-Atlantic spat.

Coronavirus: Carmakers answer pleas to make medical supplies

The auto industry is pledging to help tackle a shortage of ventilators and masks as virus spreads.

Coronavirus: All non-essential shops to close immediately

Only shops selling essential goods such as food and medicine are now allowed to stay open.

Coronavirus: How to apply for government business support

What help is available for companies dealing with the pandemic, and how can businesses claim it?

Laura Ashley to shut half its shops as seeks buyer

The furniture and fashion chain says the coronavirus "had an immediate and significant impact on trading".

Coronavirus: Firms fear missing out on support measures

Businesses warn the new emergency loans will leave a lot of firms out in the cold.

Commuters to get refund on rail season tickets

The government is refunding the cost of season tickets for workers staying at home over virus fears.

Sunday, March 22, 2020

Global economy will suffer for 'years to come' says OECD

OECD boss Angel Gurría says the economic shock is already bigger than the financial crisis

Stocks fall as nations take coronavirus action

Shares in Asia slide on Monday as more drastic action is taken by governments to stop virus spreading.

Coronavirus: Robots use light beams to zap hospital viruses

Demand has surged for robots equipped with powerful ultraviolet lights that can kill viruses.

Coronavirus: McDonald's to close all UK restaurants

The fast food chains says it wants to protect the wellbeing of its staff and customers.

Leon: Fast food chain turns its restaurants into shops

The forced closure of restaurants means people will be buying more food from supermarkets.

Primark UK stores 'expected to close doors'

The retailer's parent company has already temporarily shut Primark shops elsewhere due to Covid-19.

Coronavirus outbreak: 'People would rather give their mum some loo roll'

Retailers who normally expect a sales boost around Mother's Day are feeling the impact of Covid-19.

Friday, March 20, 2020

Coronavirus: 'Relief' for businesses after government vows to pay wages

Business leaders welcome the government's vow to subsidise wages, as pubs and restaurants are ordered to close.

Wages cover for businesses hit by virus outlined

Government to pay 80% of wages for employees not working, up to £2,500 a month, Chancellor Rishi Sunak says

New York orders all non-essential businesses to shut doors

The state's governor calls it the "most drastic action we can take".

Butlin's could lay off 10,000 jobs without aid

The holiday park owner's announcement comes as Asda, Lidl and Aldi say they will take on thousands of staff.

Coronavirus: Jaguar Land Rover to suspend production

The firm said it was responding to "rapidly-changing circumstances" amid the spread of coronavirus.

Wetherspoon's boss says shutdown would be 'over the top'

Tim Martin says a "sensible balance" is for pubs to open but with social distancing measures.

Thursday, March 19, 2020

NASA delays work on Moon rocket during virus pandemic

Fears raised the next Moon mission will be delayed as the US space agency shuts down two facilities.

Coronavirus: Chancellor prepares wage package rescue plan

Rishi Sunak is expected to launch a fresh package of measures to try to protect millions of UK jobs.

Japan cherry blossom season wilted by the coronavirus pandemic

The traditional cherry blossom viewing, or hanami, season is hugely economically and culturally important.

Coronavirus: ‘If you can’t work, what do you do?’

Self-employed workers say they urgently need help to survive the financial impacts of the pandemic.

'We're stuck in Peru and the government won't help'

Around 400 UK tourists are stranded after Peru shut its borders to contain the coronavirus pandemic.

Netflix to cut streaming quality in Europe for 30 days

The video-streaming giant wants to ease strain on internet service providers.

Coronavirus: UK urged to pay for workers' wages

The Chancellor's offer of government backed emergency loans was not enough to stop firms shedding jobs.

Coronavirus: EasyJet asks staff to take unpaid leave

The airline wants pilots and cabin crew to accept sweeping changes to their terms and conditions.

Pound steadies as Fed moves to ease global dollar demand

A surging dollar saw the pound fall to a 30-year low on Wednesday.

Coronavirus: UK interest rates slashed again in emergency move

The Bank bumps up its measures to support the UK in its efforts to support the UK economy.

Coronavirus: Energy bill help for vulnerable amid outbreak

Prepayment meter customers may get credit through the post or funds automatically added to their meter.

Next boss: 'People do not buy a new outfit to stay at home'

The retailer says both online and store sales will suffer "significant losses" as a result of coronavirus.

Wednesday, March 18, 2020

How coronavirus is killing off global air travel

Qantas becomes the latest airline to scrap international flights as demand dries up during pandemic.

Thomas Cook: Taxpayers face £156m bill for company's collapse

The company's collapse last year left 9,000 staff out of work and 150,000 holidaymakers stranded.

ECB launches emergency £706bn coronavirus package

European Central Bank Christine Lagarde says there are "no limits to our commitment to the euro".

Coronavirus: 'Time is running out,' say UK businesses

Firms are confused about how to access the government support promised to combat the impact of coronavirus.

Facebook content moderators paid to work from home

The company will also increase the use of AI to moderate and remove inappropriate content.

'It was never my plan to be the boss of a huge company'

Why Swiss drugs giant Novartis was prepared to take a chance on a young American.

Coronavirus: New York Stock Exchange closes trading floor

Trading is to become fully electronic from 23 March after two people tested positive for the coronavirus.

Coronavirus: Vodafone UK sees 30% rise in data use

The company says its busy period now extends all the way from lunchtime to the evening.

Bank of England boss: Don't fire staff because of pandemic

The Bank of England boss says firms should think carefully before firing staff

Coronavirus: Call to lift benefits to help renters

Leading charity demands higher benefit rates and non-repayable advance payments to help renters in hardship.

'Sunday service' possible every day on railways

Rail timetable reductions could take effect in days as train firms deal coronavirus effects.

Coronavirus: BMW and Toyota suspend UK car production

Car giants wind down European production as coronavirus spreads and 'lockdown' measures accelerate.

Bank of England boss: Don't fire people because of pandemic

There is help for firms thinking of cutting jobs because of the coronavirus crisis, says Andrew Bailey.

Coronavirus: Amazon blocks non-essential items from warehouses

The retail giant wants to prioritise stocking of important household and medical supplies.

Sainsbury's takes steps to help elderly shoppers

The supermarket chain takes measures to help the elderly after stockpilers strip supermarket shelves.

Tuesday, March 17, 2020

Coronavirus: Facebook to give staff $1,000 bonuses

The social media giant is handing out payments to employees and offering grants to small businesses.

Virus could shake up world's most expensive cities

The rankings of the most expensive cities to live in could see a big shift after coronavirus impact.

Coronavirus: Asia stocks steady on stimulus plans

Market turmoil cools after US and UK unveil packages to ease the economic impact of the pandemic.

New York: The city that never sleeps on lockdown

The streets of America's largest city, New York, are empty as business grinds to a halt.

Coronavirus: What are shops doing about stockpiling?

As the virus continues to spread, some consumers are hoarding some products.

Coronavirus: Morrisons delivery demand 'to create 3,500 new jobs'

The retailer will be recruiting 2,500 pickers and drivers, plus 1,000 extra distribution staff.

Coronavirus: Chancellor unveils £330bn lifeline for economy

Rishi Sunak announces "unprecedented" help for companies as the economy goes through an "economic emergency".

Coronavirus: US considering sending cash to Americans

"We're looking at sending cheques to Americans immediately," says treasury secretary in response to virus.

Coronavirus: British tourists stranded after flight suspensions

Holidaymakers are finding they are unable to get flights back to the UK from Morocco.

Coronavirus: How easy it for the UK to make more ventilators?

Experts question whether it is possible to make thousands more respirators in the UK in the short-term.

Coronavirus: 'We have gone from £140,000 a year to nothing'

Small businesses across the country face bankruptcy as coronavirus fears put the brakes on the economy.

Coronavirus: No insurance cover for most virus-hit businesses

Most would not have been entitled to compensation, even if the government had ordered them to close.

UK mobile networks face problems

There are increasing reports of issues with voice calls as more people work from home

Coronavirus: Five ways to work well from home

The coronavirus outbreak means many will be working from home for the first time. Here's how to get it right.

Laura Ashley blames coronavirus as it heads for administration.

The retailer is set to appoint administrators after the outbreak had an immediate impact on trading.

Coronavirus: Carluccio's warns of 'large-scale closures'

Hospitality industry bosses warn that new government restrictions could put firms out of business.

Carphone Warehouse to close all standalone stores

The move, which is not related to the coronavirus outbreak, will result in 2,900 redundancies.

Monday, March 16, 2020

Amazon on hiring spree as coronavirus spurs demand

The online retail giant is taking on 100,000 workers in the US to deal with a surge in online orders.

US airlines used up spare cash buying back shares

US airlines ask for $50bn in aid but figures reveal they spent most of their cash buying back shares.

Coronavirus: Stocks rocked by record volatility

The Dow has seen its five biggest ever one-day points falls in the last month on coronavirus fears.

Coronavirus: What are your rights if working from home?

Self-isolation and home working are rising, but what are the pay and conditions rights of those urged to do it.

Coronavirus: Landlords urged to go easy on tenants over rent

Stretched tenants should be given leeway to pay at a later date, a landlords' association says.

Guest house owner: 'We're £12,000 down because of COVID-19'

The guest house owner whose takings have been halved because of coronavirus.

The Boss: Male investors didn't get my billion-dollar idea

How fashion boss Katrina Lake was able to succeed despite having to battle sexism.

Climate change: The rich are to blame, international study finds

The Leeds University study looked at 86 countries and came to broadly the same conclusions about the rich.

Coronavirus: Vauxhall factories to shut down over pandemic

Its parent company said staff at Ellesmere Port and Luton will be paid during the temporary closure.

Coronavirus: Plan to ramp up ventilator production 'unrealistic'

A medical devices firm doubts that engineering companies can quickly switch to making ventilators.

Apple hit with record €1.1bn fine in France

France's competition watchdog says Apple engaged in anti-competitive behaviour.

Coronavirus: Flexibility needed over train firms, says Shapps

Transport Secretary Grant Shapps says train operators have seen a "big drop off" in passenger numbers.

Coronavirus: Iceland store to open early for older shoppers

The move comes as supermarkets continue to limit the sales of certain products to avoid them selling out.

Are female urinals the answer to queues at the loos?

Clever designs are trying to tackle queues for female loos, but will the innovations catch on?

Does being 'TikTok famous' actually make you money?

Social media app TikTok has created a host of young stars in the UK, but can they make money from the medium?

Coronavirus: Airlines slash more flights

The owner of BA cuts 75% of flights while EasyJet says it may have to ground most of its planes.

Alibaba's Ma donates coronavirus test kits to US

In his first tweet the billionaire said 500,000 testing kits and one million masks were going to the US.

Sunday, March 15, 2020

Coronavirus: Asia stocks fall after global central bank action

Investors are concerned that authorities now have little ammunition to fight the outbreak's impact.

Coronavirus: Louis Vuitton owner to start making hand sanitiser

Luxury goods firm LVMH will make disinfectant gels in France as demand soars during virus pandemic.

Coronavirus: US slashes rates and launches huge stimulus programme

The move to combat the impact of coronavirus is part of co-ordinated action with Europe, Japan and Canada.

Coronavirus: 'Switch from building cars to ventilators'

The health secretary pleas with manufacturers like carmakers to help plug an NHS ventilator shortage.

Train companies seek bailout as coronavirus hits passenger numbers

Train operators are in talks with government to slash services as passenger numbers fall.

Saturday, March 14, 2020

Coronavirus: 'Future of UK aviation' at risk, say airlines

Airlines said the industry may not survive the coronavirus pandemic without financial support.

Coronavirus: Supermarkets ask shoppers to be 'considerate' and stop panic buying

Some UK retailers have started rationing products such as pasta and hand gels to stop them selling out.

Mark Carney: What legacy will he leave the Bank of England?

The first non-British governor to lead the Bank in its 325-year history steps down this weekend.

Friday, March 13, 2020

Coronavirus: Cafe and bar jobs 'gone by May' if laws do not change - trade body

UK Hospitality says well-known cafe, dining and pub chains could fold because of the coronavirus.

Coronavirus: Eight charts on how it has shaken economies

Key maps and charts explain how the virus has impacted markets and businesses around the world so far.

Bill Gates steps down from Microsoft board

The company's 65-year-old co-founder will spend more time on philanthropic activities.

BA boss tells staff jobs will go because of coronavirus

Airline's boss Alex Cruz tells staff planes will be grounded and jobs will go in response to pandemic

Coronavirus: Europe ramps up support for ailing firms

Governments and authorities promise more efforts to stave off the economic impact of the virus.

Coronavirus: Insurers limiting travel protection

A growing number of new policies will not cover trip cancellation or disruption resulting from the virus

Pentagon to reconsider Jedi $10bn cloud contract

Amazon argues the decision to award the contract to Microsoft was politically motivated.

Coronavirus: Morrisons to pay small suppliers immediately

The move aims to help small suppliers deal with coronavirus uncertainty, the supermarket says.

Thursday, March 12, 2020

Coronavirus: Asian stocks extend global markets rout

Friday's slump follows the biggest one-day declines in the US and UK since Black Monday in 1987.

Coronavirus 'could cost millions of tourism jobs'

The World Travel and Tourism Council says that up to 50 million jobs are at risk.

Coronavirus: Tourism in Thailand hit by Covid-19

Thailand's tourism industry, once considered very robust, is now struggling because of coronavirus.

Is this the digital future for Bank of England banknotes?

The Bank of England is considering the introduction of electronic banknotes for use by consumers and firms.

Eurozone bank tries to ease coronavirus crisis

The European Central Bank is offering cheap loans to commercial banks, but markets are unimpressed.

Coal power developers 'risk wasting billions'

It is cheaper to build new renewable sources of energy generation than coal plants, a report says.

Airlines suffer 'body blow' from Trump's travel ban

Some weaker carriers could go bust, analysts say, with losses in the sector expected to grow.

Budget virus plan 'substantial' but 'limited'

The Institute for Fiscal Studies says Chancellor Rishi Sunak should "come back with more if necessary".

Government outlines measures to improve smart motorway safety

Thirty-eight people have been killed on Highway England's smart motorways in the last five years.

Shopping centre giant Intu warns it could go bust

The owner of the Trafford Centre and Lakeside shopping centres reports a loss of £2bn.

Coronavirus: Amazon offers unlimited sick days to halt spread

Only those workers who test positive for the Covid-19 virus will be entitled to any sick pay.

Budget 2020: 'No apology' for borrowing, says Chancellor

Rishi Sunak says low interest rates makes the £30bn Budget package "the right economic thing to do".

Gambling firm Betway hit with record £11.6m penalty

The Gambling Commission says the firm failed to protect customers and make proper money-laundering checks.

Wednesday, March 11, 2020

Coronavirus: China airline passenger numbers fall 84.5%

The economic hit from the outbreak lockdown forces the Chinese government to support its airline sector.

Coronavirus: Asian stocks fall as US imposes EU travel ban

The announcement by Donald Trump comes after the World Health Organization declared the outbreak a pandemic.

Coronavirus prompts LV to pull out of travel cover

LV says will pause sale of travel insurance but existing customers will still be covered.

Young teetotallers help 'nolo' beer sales to rocket

No or low alcohol will drive the 2020 market, the craft beer trade body says, as it claims 23% of 18-24 year-olds are teetotal.

CEO Secrets: 'My lasting, enduring lesson from a Turkish bazaar'

Hakan Bulgurlu leads Arçelik, a multi-billion dollar white goods company, but he puts his success in life down to lessons he learned selling gold in a Turkish bazaar.

Stock markets slide again as virus spreads

US markets dropped about 4%, while London's FTSE 100 fell 1.4%.

Budget 2020: How will it help the self-employed and other questions

Chancellor Rishi Sunak unveiled his first Budget, and we answer some of your questions on his pledges.

Coronavirus: Uber to suspend accounts of affected drivers

The ride-hailing app will temporarily block the accounts of those affected but provide them with financial aid.

Get Britain building, says Sunak in infrastructure plan

Mr Sunak unveiled £27bn of spending on roads, including improved junctions and dual carriageways.

Budget 2020: Mixed reaction on environmental issues

The Budget has simultaneously pleased and infuriated environmentalists.

Budget 2020: VAT on e-books and newspapers scrapped

The chancellor's decision to ditch the 20% tax is welcomed by publishers.

Budget 2020: What it means for you

The Budget focused on coronavirus, but here is what it means for your financial health.

Budget 2020: Drinks tax frozen as distilleries get boost

Chancellor Rishi Sunak has offered tax relief for small pubs and support for Scotch whisky firms.

Budget 2020: Rates scrapped for shops and cafes

Tens of thousands of leisure and hospitality businesses will not pay business rates this year.

Budget 2020: UK growth 'to be slowest since 2009'

The warning from the government's tax and spending watchdog coincides with the Budget.

Summary of Budget 2020: Key points at-a-glance

Rishi Sunak is delivering his first Budget in the House of Commons. Here's what you need to know.

Budget 2020: Chancellor says 'we will get through coronavirus together'

Rishi Sunak attempts to guide the UK economy through the outbreak as he delivers his first Budget.

The spectacular failures and successes of massive dams

It can be fiendishly complex to measure the social and environmental effects of large-scale dams.

Coronavirus: What the interest rate cut means for you

The sudden cut in the Bank rate will immediately reduce the mortgage bill of some homeowners.

Climate change: New rules could spell end of 'throwaway culture'

Regulations hope to tackle products that are are bought, used briefly, then binned.

UK interest rates cut in emergency move

The Bank of England cuts rates to 0.25% to try to shore up the economy amid the coronavirus outbreak.

Tuesday, March 10, 2020

Cathay Pacific expects 'substantial loss' this year

Hong Kong's national carrier is the latest airline to warn of economic impact from the coronavirus.

Google tells staff to work home due to coronavirus

Parent company Alphabet is the latest tech firm to make such a move as the outbreak spreads in the US.

Cornavirus: Coachella music festival postponed

This year's event in April was set to be headlined by Rage Against The Machine and Frank Ocean.

Budget 2020: Chancellor to unveil plans amid coronavirus pressures

Chancellor Rishi Sunak will present the government's first fiscal plans since it won the election.

Budget 2020: Five ways Rishi Sunak could tackle coronavirus

It's been dubbed the "coronavirus Budget", but what can Rishi Sunak do to ease the impact?

'That was the worst day of my business life'

How coffee company Equator managed to survive and grow after a major threat to its business.

Tricks and tools for better working from home

If coronavirus means you have to work from home, then there is some tech you should consider.

Government to pledge billions for filling potholes

Chancellor Rishi Sunak is set to announce £2.5bn of funding to fix potholes in Wednesday's Budget.

Coronavirus: Insurer Aviva cuts back travel cover

People will still be able to buy its travel insurance, but will not be able to add cover for disruption.

Budget 2020: Chancellor will promise 'record' infrastructure spend

Rishi Sunak will say funding for the likes of railways and roads will be the biggest in generations.

Flybe plane seized by Isle of Man government due to 'outstanding debts'

The Manx government says it will not release the plane until the former airline's debts are settled.

Unilever to shut Warrington washing powder factory

Unilever says consumers are switching to liquid and capsule detergents instead of washing powder.

Coronavirus: Airlines cancel thousands of flights

Ryanair, BA and Norwegian are among carriers cancelling services as demand collapses.

Tata: Up to 500 jobs losses now expected at UK sites

It is fewer than the 1,000 post closures that had been expected to hit its Welsh workforce.

Dyson straighteners' cost will make your hair curl

The product uses flexible plates to protect hair but manufacturing has been affected by coronavirus.

Work starts on 'UK's first electric petrol station' in Essex

The forecourt in Essex will use solar power and aims to open by the summer.

Coronavirus: What are your travel rights?

With new cases diagnosed around the world every day, how could the outbreak affect travel plans?

Climate change: UK 'can't go climate neutral before 2050'

The UK cannot reach net zero before 2050 unless people stop flying and eating red meat, a report says.

Coronavirus: RBS to allow customers to defer mortgage payments

The bank will allow affected borrowers to defer mortgage and loan repayments for up to three months.

Freezer sales spike amid coronavirus stockpiling

Sales of fridges and freezers rise sharply at AO.com and John Lewis as consumers stock up.

Coronavirus: Italy to suspend mortgage payments amid outbreak

The country's deputy economy minister tells an Italian radio station that mortgage payments will be halted.

Monday, March 9, 2020

Asian markets still on edge over oil price war

Investors remain nervous after the single biggest share market drop since the financial crisis.

Coronavirus: Qantas cuts almost quarter of flights

Airlines preparing themselves for further pain by cutting more flights as virus spreads across globe.

Coronavirus: Virgin Atlantic admits flying near-empty planes

The carrier has seen a fall in bookings due to the coronavirus outbreak.

Budget 2020: Young people call for housing help

Housing tops the list of young people's Budget concerns, but they may well be disappointed.

Boeing 737 Max: 'Nothing will ever be the same'

The father of a British woman killed when a Boeing 737 Max plane crashed speaks to the BBC.

Amazon's Just Walk Out till-free tech offered to rivals

Shoppers will scan their payment card on entry and then be automatically charged as they leave.

Mobile firms sign up to £1bn rural coverage plan

The new deal aims to get rid of rural "not-spots", where there is no service at all.

Coronavirus: Gig economy drivers call for better rights

Gig economy workers are concerned they won't be eligible for sick pay if they have to stay at home.

Coronavirus: Public urged not to stockpile

A government minister says there is "no need" for stockpiling, as worried shoppers clear shelves.

Tesco sells its Asian stores in £8bn deal

The UK's largest retailer agrees to sell the 2,000 stores it operates in Thailand and Malaysia.

Parents of premature babies to get paid leave, chancellor to announce

It follows a five-year campaign by mum Catriona Ogilvy whose petition was signed by thousands.

Yes Bank: Founder Rana Kapoor held over alleged money laundering

His arrest comes days after the country's central bank seized control of the troubled lender.

The tax that hits struggling High Streets hardest

How business rates aren't keeping up with the changes on British High Streets.

Sunday, March 8, 2020

Asian stock markets tumble after oil prices crash

Volatility remains in stock markets as coronavirus cases rise and oil giants start a supply war.

Oil plunges in Asia as producers start price war

Failure of oil cartel Opec and ally Russia to agree to supply cuts has seen prices crash more than 20%.

British Steel: Takeover set to be completed

The Chinese Jingye Group has said that the £50m takeover of the business will be completed on Monday.

Gender pay reporting a 'blunted instrument' as gaps widen

Many financial companies that have reported so far are still posting gender pay gaps of 30% or more.

DWP says it is 'shocked' by its own disability tribunal record

It has lost more disability discrimination tribunals since 2016 than any other employer, Panorama finds.

Coronavirus: 'We use an egg timer to remind staff to wash hands'

One firm insists its staff wash their hands every 30 minutes, but how are others preparing for coronavirus?

Strictly to stately: Chancellor Rishi Sunak can learn from late replacements

Named as chancellor four weeks ago, Mr Sunak has a Budget to deliver. Which late subs have been good or bad?

The tech boss who lost more than a billion

Technology pioneer Andrew Rickman lost a fortune in the 2000 dotcom bust, but rebuilt his career.

Electric cars are coming: but where will you recharge?

Charging points are springing up everywhere, but will there be enough and will the electricity grid be able to cope?

Coronavirus: Tesco rations essential shopping items

Supermarket begins rationing some food and household items amid signs customers are stockpiling goods.

Budget 2020: Should we expect a coronavirus Budget?

Chancellor Rishi Sunak is under pressure to announce measures to tackle the virus in his Budget.

Big banks brace for the coronavirus

Financial institutions launch contingency plans to keep markets humming as coronavirus spreads in UK.

Floods: Budget will double spending on defences, says Treasury

The £5.2 billion over five years will mean 2,000 new flood defences in England, the Treasury says.

Saturday, March 7, 2020

UK will leave EU aviation safety regulator at end of 2020

Transport Secretary Grant Shapps says the UK will leave the European Aviation Safety Agency in December.

Friday, March 6, 2020

Rogue estate agent 'left me in limbo'

The government needs to "get on" with improving standards of estate agents, house sellers say.

Storm payouts average out at £32,000 per household

The bill to clean up after storms Dennis and Ciara will be more than £360m, insurers say.

Budget 2020: Pledges on tampon tax and the future of cash

The 5% VAT rate will go in January, and the chancellor will also protect the future of cash in the Budget.

Budget 2020: What we already know about our changing finances

Your finances are changing in April, irrespective of speculation about the Budget. Here is a guide.

Oil plunges 10% after Opec deal collapses

Russia declined to join a plan to reduce oil output.

Virgin Media breach 'linked customers to porn'

Researchers say a breached Virgin Media database contained more details than the company suggested.

Nissan: Sunderland plant spends £52m to build new Qashqai

The Qashqai is the firm's most successful model and 3.5m have been made in Sunderland since 2006.

Supermarket rejects minister's food supplies claim

Health Secretary Matt Hancock's claim the government is working with retailers left one executive "baffled".

Coronavirus: Panic returns to shares markets

London's FTSE 100 falls more than 2% following steep declines on Asian markets earlier on Friday.

Coronavirus: Starbucks bans reusable cups to help tackle spread

Customers with personal cups will still get a 25p discount - but drinks will be served in paper cups.

Cashmere and climate change threaten nomadic life

Mongolia, the world's second-largest cashmere producer, is hit by overgrazing and rising temperatures.

Yes Bank customers queue for cash after India's central bank takes control

India's central bank imposes a limit on withdrawals after it seizes control of the troubled lender.

Thursday, March 5, 2020

Flybe's collapse could be 'first of many' airlines

The airline industry is under huge financial pressure as passenger numbers drop during coronavirus.

Coronavirus: Don't use vodka to sanitise hands

Tito's vodka tells customers on social media not to use its spirits to sanitise for coronavirus

My Money: 'Poor in money but rich in friends'

As part of a BBC blog series, Joy Sterling from Gloucestershire shares what she spent her money on for a week.

Budget 2020: Your essential guide to Rishi Sunak's debut

When is the Budget, what does it do and what should we expect to hear from the chancellor?

Coronavirus: Are people panic buying?

As the virus continues to spread, are consumers hoarding certain products, and is it necessary?

Is it okay to tell a dirty joke at work?

Almost a third of British men say yes, however only 16% of their female counterparts agree

Virgin Media data breach affects 900,000 people

The firm said "insufficient protection" meant customers' details were made accessible.

Government delays Budget infrastructure plan

The chancellor will refocus the National Infrastructure Strategy in line with "net zero" climate ambitions.

Flybe: Future of many routes at risk after collapse

Scotland's Loganair will pick up 16 out of Flybe's services but other routes remain in doubt.

Coronavirus: Retailers warned not to 'exploit' consumers' fears

The competition watchdog is monitoring price rises amid reported shortages of hand gels and face masks.

Coronavirus: Opec meets to discuss impact on oil prices

Oil exporters' group Opec meets to discuss its response to how the coronavirus is hitting crude prices.

Row erupts as Amigo Loans founder quits

James Benamor accuses the company of "committing slow-motion suicide", but it hits back as shares dip.

Climate change: Workers and poor 'need protection' from policies

Report demands a clean industrial revolution - but without harming workers or the poor.

John Lewis cuts staff bonuses to lowest in almost 70 years

Bonuses will fall to 2% as the retailer reports a bruising 23% fall in profits.

Why Flybe matters: 'Valuable connectivity'

Many see it as a vital service, because it reaches the places that other airlines fail to touch.

Wednesday, March 4, 2020

IMF provides $50bn to fight coronavirus outbreak

The move comes after world governments and central banks have taken action to ease the outbreak's impact.

Flybe collapse: Your rights explained

Many passengers face losing money as the airline collapses, and staff face the prospect of redundancy.

Could the coronavirus kill off global motor shows?

The Geneva Motor Show's cancellation has forced some car makers to change the way they launch new models.

Nuclear industry says UK climate goal at risk

The industry fears the government will ditch a plan to pay for new plants, making its carbon goal impossible.

'I had the glimmer of hope that things would work out'

How Manny Medina's tech firm went from near bankruptcy to $1.1bn success story.

Struggling airline Flybe 'set to collapse within hours'

The struggling UK airline is set to go into administration putting 2,000 jobs at risk, the BBC learns.

The other reason behind Wall Street's jitters

It's not just the coronavirus driving markets, politics is too.

Boots halts Advantage Card payments after cyber-attack

Attackers using stolen passwords have tried to access Boots accounts, the company says.

Lego: Toy retailer bets on shops despite toy market downturn

Danish toy firm Lego says it plans to open about another 150 stores.

Businesses could still lose out on coronavirus insurance claims

Despite a government U-turn, many policies will only cover claims if coronavirus is found on-site.

Sirius Minerals: Yorkshire investor loses £24k of pension

Nigel Howard put his entire pension pot into the mining development when share prices were much higher.

Flybe: Coronavirus raises new doubts over the airline's future

The struggling airline has seen a collapse in bookings and has still not secured a £100 loan.

Coronavirus: Three days more sick pay for self-isolating workers

Workers will get statutory sick pay from the first day off work, Boris Johnson tells the Commons.

Tesla downgraded Model 3 chip in China thanks to coronavirus

The electric car firm said it had installed an older processor in new vehicles due to supply problems.

London Book Fair cancelled over coronavirus fears

Organisers say they have decided not to go ahead due to the virus's "escalation" in Europe.

Cathay Pacific airline fined £500,000 over customer data protection failure

The UK's Information Commissioner says the airline failed to protect customers' personal details.

Intu: Shopping centre owner abandons emergency fund raising

Intu, owner of the Trafford Centre and Lakeside, ditches plan to raise up to £1.5bn to help secure its future.

Sirius Minerals wins £405m rescue deal

The UK's first major deep mine in 40 years is set to go ahead after investors back Anglo American's takeover.

Tuesday, March 3, 2020

Coronavirus: Drug shortage fears as India limits exports

It comes as the outbreak has kept many Chinese pharmaceutical ingredient manufacturers shut.

Greener petrol at UK pumps to target emissions

The government is consulting on making lower carbon E10 the new standard grade of fuel for vehicles.

Eight charts on how coronavirus has hit the economy

Key maps and charts explain how the virus has impacted markets and businesses around the world so far.

Coronavirus: Union group TUC asks for sick pay for all workers

People on low pay, zero-hours contracts and the self-employed are among those who may not qualify.

Facebook 'rethinks' plans for Libra cryptocurrency

The firm had hoped to revolutionise payments with a single digital currency.

Energy firm Aggreko shifting towards solar and battery power

The energy firm is responding to pressure from customers to cut carbon emissions.

Coronavirus: World Bank pledges $12bn in emergency aid

The organisation said it would prioritise the poorest countries.

Coronavirus: Hand sanitiser rationed at chemists as sales surge

Pharmacy chains say they are limiting hand gel sales as demand spikes amid coronavirus fears.

HS2: Chris Packham launches legal challenge to rail link

Action by the broadcaster and naturalist comes after the high-speed rail link was approved last month.

US Federal Reserve slashes rates amid coronavirus impact

America's central bank cuts interest rates by 50 basis points over concerns about the economic impact.

British Steel takeover deal agreed for Scunthorpe and Teesside plants

Chinese firm Jingye Group says the £50m takeover of the business will be completed next week.

Australian Associated Press: News agency to close after 85 years

Owners said the 85-year-old company - Australia's only national newswire - was "unsustainable".

Coronavirus: Mark Carney warns of 'large' short-term economic shock

But the Bank of England governor says the virus's impact on growth will "ultimately be temporary".

Sirius: Crunch vote looms for Yorkshire mine facing takeover

Investors in Sirius Minerals will vote on Anglo American's takeover of a project that will create 1,000 jobs.

Coronavirus: Up to fifth of UK workers 'off sick at same time'

Schools may close and police may need to focus on serious crimes if virus takes hold, government says.

Monday, March 2, 2020

Greggs had 'exceptional' 2019 after vegan launch

Sales rise at sandwich chain by 13.5%, but 2020 figures could be hit by storms and coronavirus.

Coronavirus: Twitter tells staff to work from home

The firm has made it mandatory for staff in Hong Kong, Japan and South Korea to work from home.

Apple settles iPhone slowdown case for $500m

Apple agrees a payout over allegations it deliberately slowed down older iPhones.

Why hasn’t AI changed the world yet?

Self-driving cars, robot surgeons: artificial intelligence promises a lot, but what has it delivered?

The friends helping people divorce without lawyers

Kate Daly and Pip Wilson are the founders of solicitor-free divorce service Amicable.

Markets rebound after last week's dive

The Dow surges 5% after the biggest weekly losses since the 2008 financial crisis.

Coronavirus: BA and Ryanair cancel flights as bookings drop

BA said it would cancel 226 flights, while Ryanair is scaling back trips to Italy by 25%.

Onshore wind 'to make comeback in UK'

The cheapest form of new power in the UK - onshore wind - is to make a comeback.

Tesco sends security warning to 600,000 Clubcard holders

The supermarket warns that some accounts may have been compromised, but no data has been stolen.

Rail station wi-fi provider exposed traveller data

The unprotected database included phone numbers, email addresses, dates of birth and reasons for travel.

Jack Welch: Legendary GE boss dies at 84

The charismatic former executive transformed GE into America's most valuable company.

Climate change: Greenpeace stops Barclays from opening branches

The group stops the bank from opening branches in a nationwide protest against the funding of fossil fuels.

Winners and losers from overdraft overhaul

Some borrowers will see costs roughly double but others will have bigger savings, analysis shows.

Post-Brexit US trade: UK talks plan insists NHS 'off the table'

The UK sets out its strategy for trade talks with US - as separate talks with the EU get under way.

M&S: Retailer extends trial of food refill scheme

Shoppers can fill their own containers in two stores, as the firm tries to cut down on plastic waste.

Joe Lycett: Comedian changes his name to Hugo Boss

Lycett is taking a stand against the fashion firm over its treatment of similarly-named companies.

Sunday, March 1, 2020

Shares slide as coronavirus raises recession fears

Stock markets around the world have just seen their worst week since the 2008 financial crisis.

Young ethnic minority workers more likely to be in unstable jobs - study

Research suggests the group is 4% less likely to have a permanent job.

The kids making up to $1m a year on YouTube

Child influencers on the platform test their power at New York's annual Toy Fair.

Brexit: UK vows to seek 'hard bargain' in US trade talks

Negotiating aims being set out on same day discussions with the EU formally kick off in Brussels.