Business

Image caption Paul and Rachel Pattinson should have exchanged contracts on a new home this week The UK housing market has almost ground to a halt after people were advised to stay at home to limit the spread of coronavirus. The advice from the government is to postpone a move if at all possible. However, […]

Image copyright HG Walter’s Image caption People stuck at home have a great appetite for home deliveries from their favourite high street shops Food wholesalers are making online home deliveries in response to Covid-19 measures. As bars, restaurants and hotels shut due to government restrictions, the wholesalers that usually provide them with food and drink,

Image copyright John Menzies Image caption Menzies provides fuelling, ground handling and cargo handling services at 200 airports Aviation services firm John Menzies has announced it has cut more than 17,500 jobs worldwide as it struggles to deal with the major slump in air travel caused by the coronavirus outbreak. The Edinburgh-based firm said the

Image copyright Carluccio Italian restaurant chain Carluccio’s is facing collapse, after warning it was facing permanent branch closures due to the coronavirus. It is currently working with administrators in a move that could threaten more than 2,000 jobs. Before the outbreak it was hit by the crunch in the casual dining sector and recently urged

Image copyright Getty Images Image caption Virgin Airlines has seen passengers numbers slump as countries close boarders and enact travel bans Virgin Atlantic is expected to ask for a government bailout worth hundreds of millions of pounds in the coming days, the BBC understands. Requests for state aid are also expected from other airlines. The

The chain JoAnn Fabrics and Crafts has kept many of its stores open during the coronavirus pandemic. And it turns out, keeping its doors open has apparently led to at least one customer visiting the store while awaiting the results of a COVID-19 test, putting workers and other shoppers at risk. On Wednesday, one JoAnn

Image copyright Getty Images Financial markets have reversed course after a three day rally, dropping sharply as consumer confidence plummets amid the coronavirus pandemic. Wall Street’s main indexes were more than 3% down in morning trade, following European markets lower. The fall came as the number of coronavirus cases in the US surpassed China. University

Image copyright Getty Images Essential staff will not have to use all their annual leave allocation this year, the Government has said. The move will help key industries remain well-staffed as the UK battles the coronavirus outbreak. Business Secretary Alok Sharma said rules will be relaxed to allow up to four weeks of unused holiday

Image copyright SOPA Images Rent-to-own giant BrightHouse is close to collapse, the BBC understands, putting 2,400 jobs at risk. The company is expected to fall into administration on Monday after facing an influx of compensation claims for selling to people who could not repay. Stricter lending rules had put the business under strain long before

Image copyright Getty Images Image caption Many shops and services are shut, affecting millions of sole traders The 10-week wait for rescue grants for the self-employed whose work has dried up amid the coronavirus crisis has been defended by the government. Chancellor Rishi Sunak has outlined plans for the self-employed to receive a taxable grant