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Business 01 Mar 2021 | 7:00 AM

Absent guidance takes shine off Europe’s stellar earnings season

LONDON: With Europe’s results season wrapping up, the main takeaway has been not the broadest earnings beat in about 14 years, but rather a dearth of guidance from many companies on a still uncertain future.

Business 11 Feb 2021 | 7:00 AM

UK’s Covid lending risks creating zombie firms

LONDON: Britain’s government has risked creating a legion of “zombie” companies by encouraging banks to lend £45bil (US$62bil) to small businesses with a 100% state guarantee during the Covid pandemic, a leading think tank warned.

Business 14 Aug 2020 | 7:00 AM

UK’s economic dilemma is mass layoffs or addiction to aid

LONDON: UK Prime Minister Boris Johnson’s government faces a coronavirus dilemma, and how it responds could set the tone of the economy for years to come.