March 07, 2021

Business

Red tape must be cut to make it easier for pubs and restaurants to have tables and chairs in the street or put up marquees in their beer gardens, the communities secretary has said.

Ralph & Russo, the British couture fashion brand which has secured the backing of some of Britain's wealthiest investors, has deferred salary payments to employees, raising doubts about the state of its finances.

The founder of Cazoo, the fledgling online car retailer, is weighing a merger with a 'blank cheque' company involving some of the best-known names in American finance and technology that could value it at as much as $8bn (£6bn).

COVID test kits will be made available free of charge to small firms as well as larger companies, in a move aimed at giving employers and staff peace of mind.

Mike Ashley's Frasers Group has branded the chancellor's new business rates holiday "near worthless" for larger firms and is an obstacle to it taking on old Debenhams shops.

A property investor which has spent hundreds of millions of pounds on buying hospitality sector assets is racing to find a new owner for QHotels, a collection of four-star properties located across the UK.

US jobs grew more than expected last month amid falling COVID-19 cases, rising vaccination rates and extra government support putting the labour market recovery back on firmer footing.

The COVID-19 pandemic has had a detrimental impact on many businesses across the UK.

Deliveroo will distribute a £50m funding pot to restaurants, riders and community groups as it seeks to portray itself as a responsible corporate citizen following a blockbuster flotation that could value it at around £7.5bn.

A proposed pay rise of 1% for nurses and other health workers who have been on the coronavirus frontline has triggered an angry backlash.

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