coronavirus-retail-sales-crash-in-april-as-lockdown-hits-shops

Coronavirus: Retail sales crash in April as lockdown hits shops

Image copyright Getty Images British retail sales fell by a record 18.1% in April as many stores were closed amid the coronavirus outbreak.The drop in April worsened from a fall of 5.2% in March, when the government first introduced lockdown measures.Clothing sales plummeted by 50.2% as many High Street shops were shut, according to figures…
uk-borrowing-at-record-high-as-virus-cost-soars-in-april

UK borrowing at record high as virus cost soars in April

Image copyright Getty Images Image caption The furlough scheme means the government is paying the wages of more than 6.3 million people The government borrowed £62.1bn in April, the highest monthly figure on record, according to official figures.It underlines the cost of coping with the coronavirus pandemic through jobs schemes and loans, and is double…
mortgage-payment-holiday-extended-for-further-three-months

Mortgage payment holiday extended for further three months

Image copyright Getty Images Image caption More than a million and a half people took up the opportunity to delay their mortgage payments under the scheme. Homeowners struggling financially due to coronavirus will be able to extend their mortgage payment holiday for a further three months, or cut payments.Mortgage holidays started in March, allowing people…
mastercard-staff-can-work-from-home-039until-ready039

Mastercard staff can work from home 'until ready'

Image copyright Reuters Mastercard staff can continue working from home until they "feel comfortable" going to the office amid the pandemic.The credit card firm employs about 20,000 people globally, with a "large percentage" now working from home.Rather than forcing them back to offices, staff can make their own decision on timings, it said.Twitter said last…
us-senate-passes-bill-that-could-delist-some-chinese-firms

US Senate passes bill that could delist some Chinese firms

Image copyright Getty Images Image caption Chinese online retail giant Alibaba made its New York Stock Exchange debut in 2014 The US Senate has passed a bill that could block some Chinese companies from selling shares on American stock exchanges.It would require overseas firms to follow US standards for audits and other financial regulations.The measure…
coronavirus-tinder-boss-says-039dramatic039-changes-to-dating

Coronavirus: Tinder boss says 'dramatic' changes to dating

Image copyright Getty Images Image caption Elie Seidman became CEO of dating app Tinder in 2017 Coronavirus has had a "dramatic" effect on the way people use the dating app Tinder, its boss has told BBC News, though the changes may suit plans he already had in store for the platform.The coronavirus outbreak and lockdown…