Britain coronavirus News

UK Business Closures Jump 14% as Pandemic Takes Brutal Toll on Small Firms

Business closures in the UK jumped by 14% from a year ago in the fourth quarter as the coronavirus pandemic took a brutal toll. Almost every industrial group saw the number of closures rise, with the transport and storage sector …

Credit Suisse Plunged Into Chaos After Chairman Ousted for Breaching COVID Rules

The banker tasked with fixing Credit Suisse Group AG was ousted just nine months into the job for breaching COVID quarantine rules, throwing the Swiss financial giant into fresh turmoil as it struggles to emerge from a series of scandals. …

UK Businesses Brace for Great British Resignation in 2022

UK businesses were hit by rising numbers of staff leaving their jobs voluntarily during 2021, with many employers facing the prospect of more resignations and a hiring crunch going into the third year of the pandemic, new research shows. Voluntary …

London Financial Employees Return to Offices Despite Rising Virus Cases

LONDON — There’s no free lunch in finance – except when banks are wooing workers back to the office. London’s financial sector, keen to return to a semblance of normality after the worst of the pandemic, is leading the charge …

As UK Eases COVID Rules, Businesses Concerned About Legal Liability

Businesses have been been clamoring for the government to finally reopen the UK economy. Now that face masks and social distancing will be all but dropped, they have a new set of worries. Industry groups, big and small, largely welcomed …

In Third Lockdown, England Seeing ‘No Evidence of Decline’ in COVID-19 Cases

A third pandemic lockdown appears to be having little impact on rates of COVID-19 in England, researchers warned on Thursday, with prevalence of the disease “very high” and “no evidence of decline” in the first 10 days of renewed restrictions. …

Eateries Face Restrictions, Workers Return Home as England Faces Virus Resurgence

British Prime Minister Boris Johnson will tell people on Tuesday to work from home where possible and will curb timings for bars and restaurants to tackle a fast-spreading second coronavirus wave, but the opposition accused him of losing control. With …