China’s economy grows 18.3% in post-Covid comeback
The record figures for the first quarter of the year are skewed due to last year’s nationwide lockdown …
Business
TUI says summer holiday season can be saved
The boss of Europe’s biggest holiday company thinks successful vaccine programmes can prevent another washout. …
Brexit: Euro MPs’ vote bolsters EU-UK trade deal
The key Brexit trade deal now stands a better chance of being ratified in Brussels. …
Amazon’s Bezos: Union defeat does not bring ‘comfort’
Jeff Bezos said in his shareholder letter that Amazon must ‘do a better job for our employees’. …
Sanjeev Gupta’s firm says it did nothing wrong over Covid loans
The company behind the UK’s Liberty Steel says it did nothing wrong when seeking government funds. …
Charity shops tell donors: ‘Think before giving’
Charity retailers ask givers to book before just turning up with donations as people flock back. …
Working hours: ‘I’ve no idea when I’ll be told what shifts I have’
Two-fifths of UK workers in full or part-time employment are given short notice of their work patterns. …
CEO Secrets: ‘Taking risks is how we found our edge’
Public relations firm boss George James thought clients would be put off by his youth but turned his weakness into a…
Covid test firm cuts price for holidaymakers amid cost row
Travel trade group Abta warns that the cost of testing is still a “significant restriction” for people. …
Young black people three times more likely to be unemployed than white peers
Young black people are three times more likely to be out of work than white peers, research shows. …
Tesco counts cost of Covid trading as profits drop
The UK’s largest supermarket saw full-year sales soar but the pandemic hit its bottom line. …
The student loan bubble ‘is going to burst’
Cancelling student debt was once a fringe idea in the US, but it’s become increasingly mainstream. …
Grab set for $40bn valuation in US share listing
The Singapore-based firm started as a ride-hailing company and has since expanded. …
Liberty Steel: Kwarteng defends rejecting request for £170m bailout
The business secretary says the government had to ensure that any money provided would stay in the UK. …
UK exports to EU rebound partially after January’s slump
Despite the improvement, exports still remain below 2020 levels, the UK statistics body says. …
Defence giant Babcock International to cut 1,000 jobs
The government contractor also expects a “significant” £1.7bn write-off as part of a company review. …
Brexit prompts JD Sports to open Dublin warehouse
The firm’s imports to GB now incur tariffs when they are distributed onward to its stores across Europe. …
Covid accelerates India’s millionaire exodus
As Covid cases surge, India’s wealthy lead global enquiries for citizenship and residency abroad. …