Eurozone inflation defies expectations with rise as economies re-open June 30, 2020 Eurozone inflation rose in June after hitting a four-year low in May as economies across the bloc began to re-open following lockdowns. Consumer prices in the bloc rose 0.3 per cent in June month-on-month, defying economists’ expectations that they would remain flat as the negative impact of low energy prices decreased. The European Union’s statistics [...]
Pace of furloughing slows as cost of job support measures tops £33bn June 30, 2020 The number of furloughed workers in the UK rose to 9.3m last week, while the cost of the government’s job support measures topped £33bn, new figures showed. Some 100,000 additional workers were furloughed in the week to 28 June, according to data from HMRC. Read more: UK businesses borrow over £43bn to survive coronavirus This [...]
Tui UK boss calls on ministers to give clarity over ‘air bridges’ June 30, 2020 The UK boss of Europe’s largest holiday company has called on the government to provide certainty on “air bridges” this week to allow Brits to go on holiday. Ministers are expected to provide further details of the plan this week, which will lift blanket 14-day quarantine measures for European countries such as France, Spain and [...]
Leicester enters local lockdown after coronavirus outbreak June 30, 2020 The government will be imposing a fresh spate of lockdown rules on the city of Leicester after the area was hit with an outbreak of coronavirus cases. “We will be bringing forward a legal change very shortly, in the next couple of days, because some of the measures that we’ve unfortunately had to take in [...]
The City View: Campbell Macpherson on leadership in times of crisis June 30, 2020 In this episode Christian is joined by Campbell Macpherson, one of the world’s leading business change specialists, Executive Fellow of Henley Business School and author of the 2018 Business Book of the Year ‘The Change Catalyst.’ Subscribe to The City View Podcast: Apple / Google / Spotify / RSS His second book, The Power to Change, is published by Kogan Page this October. Campbell discusses the forces disrupting business [...]
Future Fund bailout scheme for startups extended to firms moved abroad June 30, 2020 Britain is to expand a coronavirus bail-out scheme for startups to include those that had previously been blocked after moving overseas to tap foreign investors. In a roll-out to be announced by chancellor Rishi Sunak today, the government will have stakes in dozens of UK startups through its Future Fund scheme. The programme, initially announced [...]
Majority of firms to expand remote working policies in wake of coronavirus pandemic June 30, 2020 The coronavirus crisis has dramatically transformed the way companies operate – and although some things may one day go back to normal, remote working is here to stay. That’s according to a survey of 150 companies listed in the Fortune 2000 rankings, the vast majority of which are looking to increase the amount employees work [...]
Happy returns? Companies plan how to get employees back to work June 30, 2020 About half of Britain’s employers are likely to stagger their workers’ return to the office, amid concerns over the health risks of going back to work. According to research by recruitment consultancy Robert Walters, 49 per cent of employers are planning to stagger the return to work based on employees’ own health risks related to [...]
Burger chain Byron heads for administration with 1,200 jobs on the line June 29, 2020 Burger chain Byron is scrambling to find a buyer who can stave off impending financial collapse, save 1,200 jobs, and reopen its 52 restaurants in the UK by mid-next month. The company has filed a notice of intention to appoint administrators, in an attempt to protect it from creditors during talks with potential buyers. Sources [...]
Barnard Castle lab offers Dominic Cummings coronavirus antibody test June 29, 2020 A Barnard Castle-based laboratory has offered Dominic Cummings a coronavirus antibody test – and the Downing Street adviser doesn’t even need to make a return trip. Honeyman Group today said it was willing to send Cummings a coronavirus antibody test, which it says takes 24 hours to check a blood sample for signs of Covid-19 [...]