5. About 600 workers will lose their jobs after shirtmaker TM Lewin announced it will close all 66 of its UK shops.
The firm said most of its 700 workers will be laid off as it takes all of its sales online, to help cut costs.
4.EasyJet says it has begun consultations on plans to close bases at Stansted, Southend and Newcastle.
The Unite union said nearly 1,300 UK crew members faced losing their jobs.
3. Global oil demand and carbon dioxide emissions probably peaked in 2019 as the COVID-19 pandemic will have a lasting impact on both, according to energy consultancy DNV GL.
2. Aerospace giant Airbus says it plans to cut 15,000 jobs as it deals with the effects of the coronavirus crisis.
It will cut 1,700 jobs in the UK, along with thousands more in Germany, Spain and elsewhere.
1. Britain’s economy shrank by the most since 1979 in early 2020 as households slashed their spending, according to official data that included the first few days of the coronavirus lockdown.
Gross domestic product dropped by a quarterly 2.2% between January and March, below a forecasted fall of 2.0%.
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Focusrite said in a trading update this morning that revenue and profits are likely to surpass market expectations for the financial year ending 31 August 2020 following strong demand for its audio products as e-commerce platforms continue to thrive globally.
Attraqt Group has announced the appointment of Paul Tough as Chief Product Officer with immediate effect. Tough previously co-founded eComp Consulting, a specialist digital strategy firm alongside Mark Adams, Attraqt's recently appointed CEO.
Genedrive has developed Genedrive® 96 Exporter, a new in-vitro diagnostic software module for automated results interpretation of its Genedrive® 96 SARS-CoV-2 Kit. In a separate announcement, the group said it closed the year with a stronger balance sheet and a lower level of debt following a successful £7 million equity fundraise in May 2020