Business

Image copyright Getty Images New car registrations for March are likely to make gloomy reading for those in the motor industry. The figures, due out at 0900, are expected to show a drop of more than 40% compared to last year. The Society for Motor manufacturers and Traders is likely to report that the fall […]

Image copyright Getty Images Best-known for phones and computers, Apple has now turned its hand to making face shields for medical workers. Apple chief executive Tim Cook tweeted on Sunday that it has designed and is now making the protective gear. The tech giant plans to make more than one million shields a week, which

Image copyright Getty Images Global oil prices have dropped after Saudi Arabia and Russia postponed a meeting about a deal to cut output as the virus pandemic hits demand. The two countries have been locked in an oil price war for the last month. Traders are concerned that, with large parts of the world in

Image copyright David Lee/Netflix Image caption Octavia Spencer stars in a new Netflix show about the life of Madam CJ Walker When American journalist A’Lelia Bundles published her first article about her great-great grandmother, Madam CJ Walker in 1982, it was in the “lost women” column of a women’s magazine. That marked quite a comedown

Image copyright Getty Images Young workers and the worst paid are the most likely to be affected by closure of businesses amid the lockdown, a study says. A “remarkable concentration” of workers under 25, women and the worst paid are found in the affected sectors. That’s according to the research by the Institute for Fiscal

Image copyright Natalie Greenway Image caption Natalie Greenway is campaigning to get the job retention scheme cut-off date amended In normal circumstances, the prospect of starting a new job would hold the excitement of a fresh start and, potentially, a better pay packet. But in the midst of the coronavirus lockdown, thousands of people who

Image copyright Getty Images One of the United Arab Emirates’ largest banks has applied to the UK’s High Court to appoint administrators for the troubled private hospital operator NMC Health. The FTSE 100 firm has been under scrutiny for alleged unauthorised financial activities. The Abu Dhabi Commercial Bank wants administrators to launch a full investigation

Image copyright Cath Kidston Cath Kidston, the floral fashion brand, is set to file for administration as the coronavirus shutdown pushes High Street retailers to breaking point. The move will put nearly 950 jobs at risk at the company which is best-known for its brightly-coloured designs. Debenhams, the department store chain, is also expected to

Image copyright Getty Images The owner of London’s ExCel centre has performed a U-turn on charging the NHS to use the site as a hospital to treat coronavirus patients. ExCel chief executive Jeremy Rees said an initial agreement with the NHS to house the temporary Nightingale Hospital “included a contribution to some fixed costs”. But

Image copyright Getty Images The culture secretary is to order social media companies to be more aggressive in their response to conspiracy theories linking 5G networks to the coronavirus pandemic. Oliver Dowden plans to hold virtual meetings with representatives from several tech firms next week to discuss the matter. It follows a number of 5G