Business News

Coronavirus: Tesco tells people to visit stores to get food

The supermarket says there is 'simply not enough capacity' to supply everyone with online shopping.

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Coronavirus: Job Retention Scheme to save jobs may cost up to £40bn

The UK's Job Retention Scheme may cost £30-40bn over three months, according new analysis

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Coronavirus: What’s life like when you're on furlough?

With growing numbers of people being furloughed, how is this affecting them and their employers?

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Coronavirus: 'The money isn’t coming in quick enough' to pay wages

The boss of DW Fitness First, Martin Long, says he's worried about paying his monthly wage bill

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Coronavirus: Holland & Barrett keep stores open despite staff pleas

Staff have set up a petition, pleading with management to close stores over safety concerns.

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Investors warned not to rush into travel and leisure stocks

Cinema chain Cineworld's share price has rocketed almost 50% while cruise ship firm Carnival has risen 22%.

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Coronavirus: Twitter boss pledges $1bn for relief effort

Jack Dorsey said he would give 28% of his wealth towards efforts to "disarm" the pandemic.

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Lufthansa makes 'permanent' cuts as travel plunges

The German airline will close its Germanwings service and de-commission more than 40 aircraft.

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Coronavirus: Four out of five people's jobs hit by pandemic

The global economic impact of coronavirus could leave nearly 200 million people jobless, a UN agency says.

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Coronavirus: Six industries crying out for help

With the UK economy in crisis, many sectors are still demanding further help from the government.

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Investors seize on positive news but rally fades

US shares shed gains after a global stock market rally.

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Coronavirus: Why is the petrol price nearing £1 a litre?

An oil price war and Covid-19 travel restrictions are cutting fuel costs but it is not good news for everyone.

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Coronavirus: 'I was asked for £430 a month for my shut nursery'

Many nurseries are closed, but some are still asking parents to continue to pay a monthly fee

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WeWork sues SoftBank after withdrawal of $3bn deal

The office sharing firm is taking its biggest investor to court in an escalation of a row between the firms.

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Coronavirus: Property sales down 70% since lockdown, says Zoopla

Homes are still being listed for sale as people adopt a wait-and-see policy over coronavirus.

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Coronavirus: Cineworld directors waive salaries as virus impact hits

The world's second largest cinema chain is in talks with lenders and film studios about the virus impact.

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Calls for debt relief for world's poorest nations

More than 100 global organisations want debt payments to be waived for developing countries this year.

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Waitrose in U-turn on virus pay policy

The firm said it no longer expects staff to recover time they take off for sick family members.

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Coronavirus: US car insurers refund drivers stuck at home

Major US insurer Allstate is paying out $600m in refunds to drivers in quarantine and through discounts.

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