Britain’s science and pharmaceuticals expertise was out in full force as a clutch of junior market-listed firms made strides in fighting coronavirus. Novacyt and Yourgene surged after inking a manufacturing deal that will help Novacyt step up production of tests for the disease. Yourgene’s state-of-the-art facility in Manchester will initially make critical components – but … Read more
Firms told to scrap fat-cat bonuses as they axe dividends and lay off staff during the coronavirus crisis By Daily Mail City & Finance Reporter Published: 21:50 GMT, 25 March 2020 | Updated: 21:56 GMT, 25 March 2020 Shareholder advisory service Pirc is urging firms to scrap executive payouts Thousands of businesses have been urged … Read more
Britain relies on India for the painkiller, but production lines have dried up because of the pandemic. The NHS advises COVID-19 patients take the drug for their symptoms.
Shopping centre owners and other property firms warn they face collapse without support to replace lost rental income By Daily Mail City & Finance Reporter Published: 01:21 GMT, 25 March 2020 | Updated: 01:21 GMT, 25 March 2020 Shopping centre owners and other property firms have warned ministers that they face collapse without support to … Read more
It is hard to find a silver lining in the coronavirus crisis, but what is make-or-break for many business sectors – including travel, tourism and hospitality – might turn out to be a chance for others. With many people working from home, there is a huge opportunity for businesses that offer anything from online gaming … Read more
We’ll lend firms £250k in 48 hours to survive the economic crisis, say banks By Helen Cahill For The Mail On Sunday Published: 23:06 GMT, 21 March 2020 | Updated: 23:06 GMT, 21 March 2020 The new emergency loans will be interest-free for the first year Banks will tomorrow promise to hand small businesses interest-free … Read more
Panicked firms call insolvency experts as the crisis worsens amid lockdown By Harriet Dennys For Financial Mail On Sunday Published: 23:07 GMT, 21 March 2020 | Updated: 23:07 GMT, 21 March 2020 Hundreds of firms have contacted insolvency specialists after Boris Johnson put Britain into lockdown. R3, which represents 800 restructuring firms including KPMG, EY, … Read more
Tech firms cash in as office staff switch to working from home during the coronavirus pandemic By Matt Oliver For The Daily Mail Published: 21:50 GMT, 20 March 2020 | Updated: 22:28 GMT, 20 March 2020 Technology companies are cashing in as millions of office staff switch to working from home during the coronavirus pandemic. … Read more
Jobs at risk as firms beg ministers to defer tax bills before they are forced to lay off thousands of skilled workers By James Salmon for the Daily Mail Published: 21:51 GMT, 19 March 2020 | Updated: 21:51 GMT, 19 March 2020 Britain’s manufacturers have pleaded with ministers to defer their tax bills immediately before … Read more
Millions of people are expected to work from home in the coming months in a bid to shelter from the coronavirus pandemic which has swept the country. While this means many could save on travel costs, it is also the case that households will be increasingly reliant on home broadband, landline and mobile connections – … Read more