Business

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 …

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 …

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 …

Image copyright Press Association The trade association that represents ferry companies transporting goods in and out of the UK has called on the government to provide financial support quickly to keep services running. The UK Chamber of Shipping said a steep drop in passenger numbers due to the coronavirus pandemic …

Image copyright Getty Images A number of British Airways cabin crew have contracted the coronavirus when operating long haul flights over the past two weeks. Unions are calling on airlines to do more to minimise the exposure of staff. But BA pilots and cabin crew say the airline was slow …

Image copyright Mazen Kourouche Image caption Mazen Kourouche likes to be among the first to get the latest iPhone Every Autumn, Mazen Kourouche heads to the biggest Apple Store in Sydney, Australia, and queues up for hours to be one of the first people in the world to get his …

Image copyright Shaun Francis “I’m 56-years-old, why would I take out a loan with little income when the economy might take a long time to come back?” Shaun Francis is one of many small business owners with concerns about the government’s coronavirus loan scheme. He told the BBC that taking …

Image copyright Getty Images The coronavirus pandemic could trigger a global slump bigger than the Great Depression of the 1930s, a closely watched international survey suggests. Manufacturing and services sectors in key geographical areas, including the UK, US and the eurozone, saw record falls in activity during March, according to …

Image copyright Steve Morgan/British Steel Image caption British Steel said it would take “decisive action” to protect its people and operations British Steel is pausing production at one of its plants on Teesside for at least three weeks. The Tees Valley Mayor said he had been assured by the company …

Image copyright Getty Images New Look says it is suspending payments to suppliers for existing stock “indefinitely”, telling them in a letter that the stock can be collected by its owners. The retailer is also cancelling orders for its Spring and Summer clothing lines and won’t pay costs towards them. …