The significant increase in home working caused by the coronavirus pandemic has increased the risk of firms being hit by cyber-attacks, according to insurers Beazley. Ransomware cyber-attacks skyrocketed by 131% in 2019, compared to the previous year, according to the Beazley Breach Briefing report, an annual update on cyber trends. In addition to the growth […]

Chancellor Rishi Sunak has unveiled a £330 billion package of support for the UK economy as it combats the coronavirus pandemic. The measures dwarf the £12 billion made available in last week’s Budget. But the Chancellor promised to go further if necessary. The package includes an increase in government-backed loans, higher cash grants, widened business […]

The coronavirus pandemic will cause a global recession as action from governments around the world fails to halt sliding stock markets, warn economists at Barclays. The US Federal Reserve has cut interest rates to a target range of between 0% and 0.25%, and unveiled a significant financial stimulus package. It follows a rate cut by […]

Buy-to-let landlords have turned negative on their investments due to higher taxes and greater regulation, according to research from property development firm Accumulate Capital. The research found that 37% of UK property investors are planning on selling one or more of the residential properties they own in 2020. Over half of landlords would not have […]