Image copyright Getty Images Some 8.4 million workers are now covered by the government’s furlough scheme, up from eight million a week earlier, the Treasury has said. Claims for subsidies filed by employers rose to £15bn from £11.1bn, it added. The scheme, brought in to mitigate the effects of coronavirus, allows employees to receive 80% of their monthly salary up… Read more →
Image copyright PAcemaker Image caption The executive has not yet received scientific advice saying it is safe for local retailers to open It would be useful for the executive to give some businesses in Northern Ireland a timetable for reopening, Edwin Poots has said. But the agriculture minister added that the executive has not yet received scientific advice saying it… Read more →
Image copyright Pacemaker Image caption Kainos bought the Movie House cinema on Belfast’s Dublin Road earlier this year as a site for its headquarters project The demolition phase of Belfast IT firm Kainos’ headquarters project will happen this year, the company has said. Kainos bought the Movie House cinema on the city’s Dublin Road earlier this year as a site… Read more →
Image copyright Getty Images Image caption Many Scottish businesses remain shut down – and Scots worry about going back to life as it was before Scotland’s coronavirus restrictions are set to be eased – but Scots have voiced fears about going back to life as it was before lockdown and the economic impact of the crisis. A survey for BBC… Read more →
Image copyright PA Media Demand from property hunters rebounded as curbs on the sector were lifted in England – but the trend may be short-lived, analysis suggests. Buyer demand rose by 88% in the week estate agents were told they could resume viewings and people could move again, property portal Zoopla said. However, actual sales remained sluggish, and the analysis… Read more →
Image copyright Robodrone Image caption Rescue teams say drones can sometimes halve search times Being buried alive is a scenario most of us thankfully only experience in nightmares. But for off-piste skiing fans, lured by the thrill of carving their own tracks through fresh powder snow, it’s an ever-present risk. More than 150 people – mostly skiers, snowboarders and snowmobilers… Read more →
Image copyright Getty Images Warner Music Group (WMG), the record label of Ed Sheeran and Bruno Mars, estimates it is worth up to $13.2bn (£10.7m), as it prepares to list its shares on the Nasdaq stock exchange. That is four times what Sir Leonard Blavatnik paid in 2011 for WMG – the world’s third largest record label. At the time,… Read more →
Image copyright Google Image caption The factory is based at Penygroes, near Caernarfon A total of 94 factory jobs are at risk with the proposed closure of a tissue paper plant which has been blamed on the coronavirus pandemic. Northwood Hygiene Products said it was holding talks with staff and unions on closing its site at Penygroes, Gwynedd. The company… Read more →
Image caption Planning permission was granted recently for the new national manufacturing institute A former boss of the Michelin tyre plant in Dundee has been chosen to lead the development of a Scottish manufacturing centre of expertise. John Reid will become chief executive of the National Manufacturing Institute Scotland (NMIS) in August. Mr Reid was general manager of Michelin Dundee… Read more →
Image copyright McLaren UK supercar maker and Formula 1 team McLaren plans to cut more than a quarter of its workforce after the coronavirus crisis hit sales and advertising revenue. The firm employs about 4,000 people, and of the 1,200 to be made redundant, the vast majority will be in the UK. Formula 1 racing has been suspended, while orders… Read more →