Business Matters
- Virgin Media to disappear from UK high street as all 50 stores will not reopen once lockdown ends May 28, 2020Virgin Media is to disappear from the high street after deciding its network of more than 50 retail stores will stay shut once the coronavirus pandemic lockdown ends. Read more: Virgin Media to disappear from UK high street as all 50 stores will not reopen once lockdown ends
- Banks have lent £27.5M to keep more than 650,000 UK businesses alive May 28, 2020Banks have provided £27.5 billion of emergency lending to more than 650,000 businesses, official figures show. Read more: Banks have lent £27.5M to keep more than 650,000 UK businesses alive
- IWG sees social distancing measures as an opportunity for growth of smaller offices May 28, 2020IWG, The company, formerly known as Regus, predicts that the coronavirus outbreak will lead to more demand for flexible workspace Read more: IWG sees social distancing measures as an opportunity for growth of smaller offices
- Cineworld plans to reopen all British cinemas by July May 28, 2020Britain’s biggest cinema chain hopes to reopen all its locations by July and is seeking an extra $180 million in debt funding to help it survive the fallout from the Covid-19 crisis. Read more: Cineworld plans to reopen all British cinemas by July
- Hairdressers say they are ready to open within weeks May 27, 2020A group representing hairdressers in the UK says politicians are taking too long to give salons permission to open. Read more: Hairdressers say they are ready to open within weeks
- Apprentice star’s firm rebuked by Advertising Standards over Covid-19 ads May 27, 2020A company led by a former Apprentice contestant has had three social media adverts banned by the Advertising Standards Authority over misleading Covid-19 claims. Read more: Apprentice star’s firm rebuked by Advertising Standards over Covid-19 ads
- Why Business leaders should focus on solutions not sales May 27, 2020Within a matter of months, the coronavirus has torn through the global economy and forced businesses UK wide to alter operations and pivot any long-term growth strategy. Read more: Why Business leaders should focus on solutions not sales
- Anxious Brits plan to invest holiday budget into home improvements May 27, 2020Two thirds of British consumers have advised that they will not travel abroad this summer even if Government guidelines permit. Read more: Anxious Brits plan to invest holiday budget into home improvements
- COVID-19 – Directors’ legal duties and minimising the risk of personal liability May 27, 2020Ailsa Anderson, an associate solicitor at law firm Irwin Mitchell, looks at the new Corporate Insolvency and Governance Bill and highlights how the legal duties of directors have changed during the coronavirus pandemic. Read more: COVID-19 – Directors’ legal duties and minimising the risk of personal liability
- Half of UK home movers have put property plans on ice May 27, 2020Two-fifths of UK home buyers and sellers have put their property plans on hold following the coronavirus crisis, in a sign of how the recession could weigh on property transactions and house prices. Read more: Half of UK home movers have put property plans on ice