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Preventing inevitable recession from becoming depression

The global economy is heading into a recession, initially at least a pretty severe one. The measures introduced by governments in an attempt to slow the spread of the virus are having a dramatic effect on huge swathes of economic activity. There is the direct loss of output and employment…

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Keeping shop workers safe through Covid-19

This week, Prime Minister Boris Johnson advised workers across the UK to work from home if possible. But for thousands of workers, this simply isn’t an option – there are a large number of jobs that can’t be done sitting at the dining room table. The retail sector is a…

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The furloughs and loans are useless to small businesses

The small business community has been watching with great hope to see if the government will introduce measures that are useful for them to survive this period. Alas, those announced are absolutely useless for small companies, which make up an extremely significant portion of the UK economy. Coronavirus Business Interruption…

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Coronavirus Job Retention Scheme – Advice for employers

Nigel Morris, tax director at MHA MacIntyre Hudson explains how employers can access the Job Retention Scheme (JRS) to continue paying 80% of the salary for employees that would otherwise have been laid off or made redundant, the practical next steps and potential complications of the scheme. Key points include:…

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How retailers can stay successful when face-to-face marketing and selling is affected

As coronavirus spreads, companies are taking preventive measures to try to keep their employees safe. But with these measures, day-to-day business processes – including manufacturing, marketing, and selling – are being put to the test. How are businesses being affected by Coronavirus? Companies are caught in a spiral of uncertainty,…

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Coronavirus: Lessons learnt from a multinational company operating in China

As the coronavirus crisis deepens, here are some insights from the CEO of supply chain planning software vendor, FuturMaster, on the impact of the virus outbreak and how companies can anticipate and react to such crisis situations based on the lessons learnt from various customers – including one of the…

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How to perfect a business continuity plan for remote working

Across the globe, millions of employees are being advised to begin distant or home working, but managing and coordinating a remote workforce is unfamiliar territory for many business owners. As companies look to ensure the correct equipment is available for the workforce, it’s crucial that key stakeholders don’t overlook the…

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What retailers might learn from the streaming industry

Television used to be simple. British viewers only watched the BBC for a number of years until ITV launched in 1955. Sometime later, more choice arrived in the form of BBC2 (1964) and the (then) outrageous upstart, Channel Four (1993). For a very long time, channels were clearly differentiated by…

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Huge increase in online sales across Italy offers hope for struggling retailers in the UK and Ireland

Global financial markets continue to suffer from the impact of coronavirus, with economists predicting the slowest rate of global growth since 2009. However, the current lockdown taking place in Italy has actually instigated a significant boom in e-commerce sales. With people quarantined at home, and schools, universities, theatres, cinemas, museums,…

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Bracing for coronavirus’ impact on supply chain and e-commerce

As the coronavirus continues to spread across continents, new ramifications of the deadly outbreak are being revealed daily.   Supply chain distribution  With the quarantine of Wuhan, China, and more than a dozen other cities in a region known as a manufacturing hub, more than 45 days of manufacturing have been…

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