• 5 April 2020 Related Topics Coronavirus pandemic Image copyright Cath KidstonCath 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...

  • 5 April 2020 Related Topics Coronavirus pandemic Image copyright Getty ImagesThe 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 he said: "We...

  • By Leo Kelion Technology desk editor 5 April 2020 Related Topics Coronavirus pandemic Image copyright Getty ImagesThe 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...

  • By Katy Austin Business correspondent 4 April 2020 Related Topics Coronavirus pandemic Image copyright Press AssociationThe 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...

  • By Tom Burridge Transport correspondent, BBC News 4 April 2020 Related Topics Coronavirus pandemic Image copyright Getty ImagesA 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 to take...

  • 3 April 2020 Related Topics Coronavirus pandemic Image copyright Steve Morgan/British Steel Image caption British Steel said it would take "decisive action" to protect its people and operationsBritish 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 there would be no job losses with staff expected...

  • 3 April 2020 Related Topics Coronavirus pandemic Image copyright Getty ImagesThe 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 Purchasing...

  • By Lora Jones & Daniel Thomas Business reporter, BBC News 3 April 2020 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 a loan...

  • 3 April 2020 Related Topics Coronavirus pandemic Image copyright Getty ImagesNew 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. New Look told the BBC it did not take the...

  • By Emma Simpson Business correspondent, BBC News 3 April 2020 comments Related Topics Coronavirus pandemic Image copyright Getty ImagesDebenhams, the department store chain, is facing administration for a second time. The retailer is set to appoint administrators as early next week to protect the company against claims from creditors as it tries to restructure its business. Debenhams has already...

  • 3 April 2020 Related Topics Coronavirus pandemic Media playback is unsupported on your device Media captionCoronavirus: Millions of Americans unemployedA decade of jobs growth in the US came to an abrupt halt in March as employers shed 701,000 jobs amid the coronavirus outbreak. The unemployment rate rose to 4.4% in the biggest one-month jump since 1975, according to new data from the US...

  • By Imran Rahman-Jones Newsbeat reporter 3 April 2020 Related Topics Coronavirus pandemic Image copyright Getty ImagesThe coronavirus outbreak has left many people in the UK unsure about their income and how they'll get money while we're in lockdown. So BBC Radio 1 Newsbeat has been speaking to experts at Citizens Advice England to find out what you can do if you're worried about paying your...

  • By Eleanor Lawrie BBC News 3 April 2020 Related Topics Coronavirus pandemic Image copyright Getty ImagesUntil recently, many people in the UK had never heard of furlough. But the impact of coronavirus on the economy means that over the next few months millions of workers will rely on the scheme. Questions directed at Chancellor Rishi Sunak have been asked on social media under the hashtag...

  • 3 April 2020 comments Related Topics Coronavirus pandemic Image copyright ReutersSainsbury’s has said that it will start to ease some restrictions on the quantities of items shoppers can buy. In line with other supermarkets, it has limited popular items to counter panic buying during the coronavirus pandemic. Sainsbury's will start removing limits on some products from this Sunday though...

  • By Dharshini David & Daniele Palumbo Global trade correspondent, Data Journalist 3 April 2020 Related Topics Coronavirus pandemic Image copyright Getty ImagesA quick walk down any deserted high street or a video chat with friends and family is a reminder that currently it is anything but business as normal. But for the first time the UK's official number-crunchers, the Office for National...

  • By Tom Burridge Transport correspondent, BBC News 3 April 2020 Related Topics Coronavirus pandemic Image copyright Getty Images Image caption About 4.3bn journeys were made by bus in England in 2018-19The government will cover the losses of bus companies in England over the next three months to ensure that services can still run. The UK's bus industry says passenger numbers have "fallen off a...

  • By Kevin Peachey Personal finance reporter 3 April 2020 Related Topics Coronavirus pandemic Image copyright Getty Images Image caption Doorstep criminals are adapting old scams (picture posed by model)A coronavirus conman barged into the home of an 83-year-old woman claiming he was "from health and safety" and needed to check her property. The potential thief demanded £220 from the lady,...

  • 3 April 2020 Image copyright Getty ImagesShares in Luckin Coffee have slumped after the company said one of its top executives and other employees had faked sales figures. The Chinese coffee chain has now suspended its chief operating officer Jian Liu and staff reporting to him. It comes after the company appointed a special committee to investigate issues in its financial statements for 2019....

  • 2 April 2020 Related Topics Coronavirus pandemic Image copyright Getty Images Image caption Nissan had been gearing up to produce a new version of the popular Qashqai.The suspension of production at the Nissan car factory in Sunderland because of coronavirus is to continue throughout April, the company has said. The plant, which employs 7,000 people, makes the Qashqai, Juke and electric LEAF...

  • By Roger Harrabin BBC environment analyst 2 April 2020 Image copyright Getty ImagesThe UK is using 1.2 billion tonnes of materials a year – that’s the equivalent of 18.5 tonnes of material for every person in the country. The materials include food, timber products, metals, construction materials and fossil fuels. They are vital to the economy, but the figures show the UK is...