As e-commerce soars due to the coronavirus pandemic’s effects on daily life, a company’s supply chain is more essential than ever. For Ryder, supply chain management accounts for about $4 billion of its $9 billion in annual business, even though the company is best known for leasing and rental trucks. […]
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Rishi Sunak should follow Trump’s lead and ramp up benefits
Moving Trump-style to massively enhanced universal credit payments, with top-ups linked to retraining, frees up employed workers and gives them some measure of financial support through a harsh economic winter. Hence it follows that the Chancellor won’t need his £1,000 furlough bonus any more. The Office for Budget Responsibility has already […]
Housebuilding algorithm will lead to more developments in Tory areas, Johnson warned
A new algorithm that will decide where homes are built is unfair and will kill off the appeal of town and city living, the Prime Minister has been warned. Under new reforms of planning law, decisions about where housebuilding will take place will be taken out of the hands of […]
Why the Dutch are ready to lead the EU naysayers after UK’s exit
“The support of the left is not a problem for him,” says Bart van den Braak, professor in public law at Maastricht University and a researcher at the Montesquieu Institute think tank. “His own party [the Liberal VVD] used to be rather pro-European but is now more sceptical, partly because its […]
OneWeb is a chance for UK to lead the satellite race
Available over the oceans, the mountains, the deserts and in the forests, and in all places where human needs will demand it, these satellites will reach the places that 5G and other broadband technologies will never get to. As a bonus, an investment in OneWeb will give us the chance […]
Rishi Sunak tipped to lead National Space Council ahead of OneWeb auction
The Government first announced plans for the National Space Council last summer, trumpeting pledges to work with the US in cementing Britain’s place in the new space race. Investment in the sector announced last year included £20m for a space port in Cornwall and plans for Virgin Orbit to develop […]
Will HSBC’s divided loyalties over Hong Kong lead to a break-up?
However, its shareholders are largely US and UK-based, it is the sixth-biggest company in the FTSE and it has been headquartered in Britain since 1993 after it bought Midland Bank (which has seen its former base become City hotspot The Ned). One of the UK’s biggest investors Aviva, HSBC’s 12th […]
Hong Kong government to lead $5bn bailout of Cathay Pacific
HONG KONG — The government of Hong Kong will lead a $5.02 billion recapitalization of Cathay Pacific Airways under a plan unveiled on Tuesday to tide the city’s ailing flagship carrier through the impact of the coronavirus pandemic. The airline said the government aid package will consist of HK$19.5 billion from […]
Alpine countries lead the climb out of lockdown
Switzerland’s economy has also been helped by its oversized pharmaceutical and banking industries, Oxley adds. Austria has been less generous than its neighbour in its support but was the first in Europe to announce the reopening of its economy. Its government imposed one of the earliest and harshest lockdowns and […]
Low-cost carriers positioned to lead airline industry’s recovery
TOKYO — Airlines are poised for a wave of consolidation amid a tough business environment exacerbated by the coronavirus pandemic, the head of one of Asia’s biggest aicraft leasing companies told Nikkei Asian Review. Peter Barrett, CEO of SMBC Aviation Capital, said there are early signs of recovery in air […]