Uber to provide free journeys and meals for NHS staff Uber has committed to providing 200,000 trips and 100,000 meals to NHS workers on the frontline of the coronavirus crisis. Free rides up to the value of £15, as well as £10 Uber Eats vouchers, will be given to anyone with an NHS email address, which includes many of the 300,000 nurses in the UK. [...]
Coronavirus: Top central banker calls on governments and banks to do even more The head of the Bank for International Settlements (BIS) has urged governments and central banks to do more to aid their economies threatened by the coronavirus crisis. On Sunday, Agustín Carstens, general manager of the BIS, an umbrella organisation founded to foster cooperation between the world’s central banks, said more stringent solutions were needed than [...]
Only 46 new cases of coronavirus confirmed in China China has confirmed 46 new cases of coronavirus today, an increase for the fourth consecutive day. All but one of the reported infections were imported from overseas, mostly by Chinese citizens returning from other countries. 14 of the 46 confirmed cases were in the financial hub of Shanghai, while 13 were in Beijing, the nation’s [...]
Surge in female SME owners as gender gap narrows March 8, 2020 International Women’s Day has been capped off by a report today showing a surge in the number of female owners of small and medium-sized enterprises (SME) over the past year. The analysis of more than 1.4m small businesses revealed the number of SMEs owned by women rose 31 per cent in 2019, according to SME [...]
British fashion giant Stella McCartney swings to £11m loss March 8, 2020 British fashion label Stella McCartney swung to an £11m pre-tax loss in 2018 as the fashion house’s costs skyrocketed. Expenses incurred by the eponymous owner Stella McCartney’s decision to buy out luxury giant Kering’s 50 per cent stake in her company, along with flat-lining sales at £42.6m pushed the brand into the red. The disappointing [...]
UK’s consulting market slows its growth in 2019 March 2, 2020 Growth in the UK consulting market almost halved in the three years between the 2016 EU referendum and 2019, a new report has shown. Britain’s consultancy growth slowed from 7.5 per cent in 2016 to four per cent in 2019, according to a study by Source Global Research. Similar growth rates are expected in 2020 [...]