Archives for International News

UK Government Advice for Employees

Guidance COVID-19: guidance for employees  Updated 20 March 2020 Contents Staying at home Sick pay Furloughed workers Claiming benefits Staying at home If you have symptoms of coronavirus infection (COVID-19), however mild, stay at home and do not leave your house for 7 days from when your symptoms started. If you live with others and you are the first in the household to have symptoms of coronavirus, then you must stay at home for 7 days, but all other household members who remain well must stay at home and not leave the house for 14 days. The 14-day period starts
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UK Government Coronavirus Advice For UK Businesses…

Guidance COVID-19: support for businesses Updated 20 March 2020 Contents Support for businesses through the Coronavirus Job Retention Scheme Support for businesses through deferring VAT and Income Tax payments Support for businesses who are paying sick pay to employees Support for businesses that pay business rates Support for businesses that pay little or no business rates Support for businesses through the Coronavirus Business Interruption Loan Scheme Support for larger firms through the COVID-19 Corporate Financing Facility Support for businesses paying tax: Time to Pay service Insurance The Chancellor has set out a package of temporary, timely and targeted measures to
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UK Government News – Ventilators Needed Urgently

Call for businesses to help make NHS ventilators We are looking for businesses to support in the production and supply of ventilators and ventilator components. Published 16 March 2020 From: Department for Business, Energy & Industrial Strategy Credit: ugurhan / iStock The government is looking for businesses who can support in the supply of ventilators and ventilator components across the UK as part of our response to COVID-19. As well as manufacturers, we are looking for businesses with the following skills: design/specification rapid prototyping contract/product assembly certification/regulation/testing logistics medical training If you think your business can help, please register your
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European Business News / EuropeanBiz – Will European Banks be able to cope with this Global Pandemic – Interesting FT Article…

More than a decade on from the financial crisis, Europe’s banks are facing the first major test of their resilience. This week growing fears about the coronavirus pandemic and an oil price war prompted a widespread market sell-off. Companies have spent a decade gorging on cheap debt in an ultra-low interest rate environment. A wave of defaults is now likely, and rising loan impairments will hit banks’ already anaemic earnings. Since their recent peak almost a month ago, European banks indices have plunged 40 per cent in an indiscriminate sell off of financial stocks. This outpaces the 25 per cent
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Health News & Tech News from China…

Disinfecting robots, smart helmets, thermal camera-equipped drones and advanced facial recognition software are all being deployed in the fight against Covid-19 at the heart of the outbreak in China. President Xi Jinping has called on the country’s tech sector to help battle the epidemic.  Healthcare tech is also being used to identify coronavirus symptoms, find new treatments and monitor the spread of the disease, which has so far infected more than 90,000 people worldwide. But is it up to the job? Robots to the rescue Several Chinese firms have developed automated technologies for contactless delivery, spraying disinfectants and performing basic
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