July 1, 2020

Coronavirus: Hancock urged to back Swissport testing plan

The health secretary, Matt Hancock, is under mounting pressure to back an airport-based COVID-19 testing programme amid continued uncertainty over government plans to establish international "air bridges".
July 1, 2020

Coronavirus: Tesco chair to head COVID recovery commission

The chairman of Tesco is to spearhead a committee of business leaders tasked with generating policy ideas for rejuvenating Britain's post-coronavirus economy.
July 1, 2020

Airbus UK chairman cannot rule out further job losses after 1,700 cut

The chairman of Airbus in the UK says he cannot rule out further job losses, a day after the company announced 1,700 jobs would be cut from its UK operation.
July 1, 2020

Coronavirus: Funds eye seat at Café Rouge-owner’s table

Specialist turnaround funds are vying to take control of some of Britain’s best-known restaurant chains, including Café Rouge and Las Iguanas, even as the coronavirus pandemic leaves the sector’s revival prospects highly uncertain.
July 1, 2020

Harrods and Topshop owners cut 1,200 jobs on grim day for retailers

Luxury department store Harrods will axe 672 jobs, following similar cuts by Sir Philip Green's Arcadia Group and the owner of Upper Crust and Caffe Ritazza.
July 1, 2020

Sir Philip Green’s Topshop firm to cut 500 office roles

Sir Philip Green's Dorothy Perkins-to-Topshop empire is to cut 500 jobs in a bid to slash costs, blaming damage inflicted on the business by the coronavirus crisis.
July 1, 2020

Wigan Athletic football club go into administration

Wigan Athletic have gone into administration after the coronavirus pandemic had a "significant impact" on the football club's finances.
July 1, 2020

Russia’s post-Soviet transition offers warning on hidden unemployment of coronavirus furlough schemes

When Russia transitioned from a command economy to a market-based one, many thought it would lead to huge unemployment. It didn't – but that's because much of it was hidden.
July 1, 2020

Coronavirus: Treasury snubs supply chain finance scheme

The Treasury has ditched plans to introduce another emergency coronavirus funding scheme that would have targeted billions of pounds of public money at providers of supply chain finance.
July 1, 2020

China and AI: what the world can learn and what it should be wary of

The world needs to engage seriously with China’s AI development and take a closer look at what’s really going on.
July 1, 2020

Coronavirus deaths and swelling public sector debt share a data-quality problem

It is only with comparable data that scientists can assess whether the measures they implement are effective in protecting citizens, and better prepare for future health crises.
July 1, 2020

Wirecard HQ raided by police as fraud probe gathers pace

Police and prosecutors have raided the headquarters of beleaguered payments firm Wirecard as part of a fraud investigation relating to its £1.7bn accounting black hole.