Tag: firms

Emergency measures to help train firms survive extended

Image copyright Getty Images The government has agreed new emergency deals with train companies. Under the arrangement, taxpayers will continue to cover any losses on the railways, caused by low passenger numbers, for another 18 months. Throughout that period ministers hope to carry out broader reforms to Britain’s railways. They will consider adopting a concessions-based system in the longer term,… Read more →

Small firms thrown lifeline in insurance test case ruling

Image copyright Getty Images Small businesses have been thrown a lifeline after the High Court ruled some insurers should have paid out for losses caused by lockdown. Judges ruled that the disease clauses in some business interruption policies should have meant they were covered. Following lockdown, a host of businesses had to close their doors and many looked to insurers… Read more →

Coronavirus: NI firms’ recovery stalled in August, says survey

Image caption Despite August’s Eat Out to Help Out scheme, NI’s service sector recovery is lagging behind GB Economic recovery in Northern Ireland stalled in August, according to an Ulster Bank survey. Every month it asks private sector firms about staffing, exports and new orders in what is considered a reliable indictor of economic performance. While retail and construction initially… Read more →

Coronavirus: Small firms to lose out on Kickstart scheme, says Plaid

Image copyright Getty Images Image caption Large firms including Tesco have confirmed they plan to take part in Kickstart Small firms will “yet again lose out” under a UK government scheme to create work placements for unemployed young people, a Plaid Cymru MP has said. Hywel Williams said firms should not be made to make “joint claims” unless they are… Read more →