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Covid 19
When Will A Covid-19 Vaccine Be Available In Britain?
August 26, 2020 02:20 PM BST| By Kunal SawhneySummary Covid-19 vaccine from the Oxford University would be registered and delivered most probably by the year 2021 Oxford vaccine data would be shared with regulators by the end of 2020 After the announcement of slower than expected progress.....
Online Shopping Boom: Tesco To Create 16,000 Permanent Jobs
August 25, 2020 02:52 PM BST| By Team Kalkine MediaThe fear of contagion and social distancing norms has led shoppers to go online during the coronavirus pandemic. This phenomenon is expected to remain for long-term in the buyer’s psyche not only till the pandemic decimates but maybe also bey.....
Companies Spend Millions Of PoundsTo Make Offices Safe For Employees
August 24, 2020 02:22 PM BST| By Kunal SawhneySummary Safety equipment and modification to office spaces could cost companies millions of pounds to make office spaces safe enough to encourage employees to come back. Being able to work remotely is making many employees reluctant to join bac.....
STA Travel Becomes Another Victim of Corona Crisis; An Insight on TUI AG and Carnival PLC
August 22, 2020 02:00 PM BST| By Team Kalkine MediaSummary The tourism economy has been heavily hit by the Covid-19 pandemic, and measures introduced to contain its spread STA Travel, offering package tours for backpackers and adventurous young people, has become the latest company to announce .....
Coronavirus impact: Councils are short of £2 billion in their autumn budget
August 20, 2020 08:52 AM BST| By Team Kalkine MediaThe UK councils are facing funding crunch due to unexpected expenses resulting from the impact of Covid-19. While, on the one hand, there were additional costs of adult social care during the pandemic, on the other, the source of income got severel.....
Are Salary Advance Schemes Really Helpful?
August 19, 2020 08:58 PM BST| By Team Kalkine MediaFCA highlights that it could lead the consumers into cycles of debt. Summary Amid the scenario of many people undergoing financial distress during the coronavirus-led economic crisis, the ESAS has gained increased popularity. D...
Non-Adherence To Social Distancing Norms Could Lead To A Potential Second Wave Of The Coronavirus Infections
August 18, 2020 08:12 PM BST| By Team Kalkine MediaSummary Increased instances of summer socialising witnessed at JD Wetherspoon in recent few weeks raised the concerns that non-adherence to social distancing guidelines could lead to a rise in Covid-19 infections. A recent study by researchers .....
Fear of second wave of coronavirus in the EU: Ryanair to reduce its flight capacity
August 18, 2020 02:20 PM BST| By Hina ChowdharySummary Amid the fears of a second wave of the coronavirus cases in the EU, Ryanair announced to decrease its flight capacity by 20 per cent for the months of September and October 2020. The airline plans to reduce the frequency of its flights .....
Future of UK Energy suppliers as the furlough scheme ends, Focus on Centrica
August 18, 2020 05:33 AM BST| By Kunal SawhneyLarge energy supplier organisations such as Centrica and Bulb fear a rise in their debt levels, in case consumers are unable to pay their electricity bills. With the government job retention scheme drawing close to an end in October 2020, une.....
Tata’s Step Ahead of the Failure to Secure Financial Assistance
August 17, 2020 02:14 PM BST| By Hina ChowdharySummary Covid-19 is having a severe impact on the globally integrated automotive industry of the United Kingdom The Tata Group might look for a strategic partner for Jaguar Land Rover (JLR), as a result of the failure in securing a fi.....
What Next For The Ailing UK Economy?
August 17, 2020 02:11 PM BST| By Team Kalkine MediaThe UK’s economy contracted by more than 20 per cent during the second quarter of 2020, much more than US or most parts of the Europe. While the Boris Johnson government is being blamed for imposing a late and long-stretched lockdown that cau.....
Job market crisis: Coronavirus pandemic takes away 730,000 jobs and brings huge pay cuts
August 16, 2020 02:20 AM BST| By Team Kalkine MediaSummary The job market is reeling due to the economic crisis brought in by the coronavirus pandemic. According to the latest data from the ONS, 730,000 jobs have been lost since the lockdown shut business activities. The wages over the three .....
Banking And Fintech Collaboration: Does The Road Less Travelled Hold Potential?
August 16, 2020 01:40 AM BST| By Hina ChowdharySummary Banks are increasing adopting fintech solutions, and coronavirus pandemic has fastened the rate Usage of online banking by adults in Britain jumped from 72 per cent in 2018 to 80 per cent in 2019: UK Finance Neobanks or &lsqu.....
COVID-19 Impacting Mental Health: Youth getting affected more
August 15, 2020 04:00 PM BST| By Team Kalkine MediaCOVID-19 pandemic may be stressful for people, and it is normal to feel anxious & stressed during such times. Fear, anxiety, worry, and stress are normal responses to any perceived as well as real dangers, and at times when we confront any unce.....
Coronavirus effect: July sales in UK pub, bar and restaurant chains down at 50 per cent
August 14, 2020 08:47 PM BST| By Team Kalkine MediaSummary According to data from the latest monthly Coffer Peach Business Tracker, sales in July 2020 were down 50.4 per cent on year-on-year basis. Reluctance from the customers to come out for eating and drinking impacted the sales and spiked t.....
Post-Lockdown One in Three British Firms Struggling with Sustainability
August 14, 2020 02:10 PM BST| By Kunal SawhneySummary Slow pick of business activity is attributed to the continuing social distancing measures and fear of people to come out of their houses and visit shops, supermarkets, and other business establishments. Some sectors like transport, hot.....
Smoking e-cigarettes? Study Shows you are seven times more likely to get COVID-19
August 13, 2020 05:27 AM BST| By Team Kalkine MediaCOVID-19 pandemic is actively spreading across the globe, and irrespective of the age group, with countries that had dealt with it earlier now facing the second wave of infection. People across all age groups are getting affected, though previous d.....
Does The Risk of Job Losses At TSB Highlight the Importance Of Technology For Banking Sector?
August 12, 2020 08:38 PM BST| By Team Kalkine MediaThe coronavirus pandemic has strengthened the concept, making it a new normal. Summary TSB Bank cited reduced customer visit to its branches during the coronavirus pandemic as a reason to cut the role of cashiers in its branches, risking m...
Is The UK Retail Spending Approaching Pre-Pandemic Levels?
August 12, 2020 02:23 PM BST| By Kunal SawhneyOnly mild signs of recovery seen with the sector still trying to catch-up on lost ground Total retail sales were up marginally by 3.2 per cent in July 2020 compared with the same period previous year Food, furniture, and homeware...
Covid-19 Impact: Job Redundancies Continue to Rise in High Street Retail
August 11, 2020 02:46 PM BST| By Kunal SawhneySummary Except for the north-west of England, retail employment had declined across most of the regions during 2015-18 The online spending done by the consumers have nearly tripled in ten years from just 4.9 per cent in 2008 to 17.9 per cent in.....
