Business and Economics
Business and Economics News
A no-deal would be like “setting the shed on fire” while the house was in flames – CBI
Carolyn Fairbairn warned the "resilience of British business is absolutely on the floor".
Britain’s economy set for biggest blow from Covid-19, warns OECD
The OECD said Britain’s economy was likely to slump by 11.5% in 2020, or 14% if there is a second wave of coronavirus.
Economists warn MPs over ‘really high unemployment’ due to virus
Torsten Bell told ministers at the Government’s Treasury Committee that households should prepare for a ‘big labour market shock’.
Support for ‘debt alternative’ rescue packages grows – but will the chancellor listen?
Plans tabled in the Football League and performing arts point to the possibility of an alternative, debt-free rescue.
Diners to flock to independent restaurants post-lockdown
New research reveals a “more positive” future for local independent restaurants.
Bank of England lends to Airlines,chemicals giants & oil field company
The full list, according to the Bank of England.
Airlines handed £1.8 billion in emergency coronavirus loans
The Bank of England has promised money to 53 businesses to help them through the coronavirus crisis.
One Square Mile case study: Target Sports Coaching
“I urge people to use their local businesses because if they don't they might lose them and they will not see them return in the near future.”
Nissan warns Sunderland plant ‘unsustainable’ without EU trade deal
The 7,000 workers of the UK’s largest car manufacturing plant survived a cost-cutting decision last week, but there are other fears for the future.