Business and Economics
Business and Economics News
Chancellor faces calls to expand small business loan guarantees
Small businesses are having difficulty in getting their loans approved.
Richard Branson pleas for government support
Sir Richard Branson told Virgin Group employees the airline will not be able to continue without a commercial loan from the Government.
F*** business: Somebody needs to knock heads together and fast
The government has been rightly called out for causing a delay, but a more troubling ‘d’ is plaguing its response: Dogma.
Government support for businesses needs to become ‘faster and simpler’ – BCC
The head of the British Chambers of Commerce said the situation for many firms is ‘extremely difficult’.
UK economy will suffer extremely large hit from coronavirus
Monetary Policy Committee member Silvana Tenreyro cautioned the UK recovery is likely to be ‘less V-shaped than one would like’.
Government structure the ‘real source of loan scheme problems’
It is a "classic example of trying to be too clever and forgetting what you are meant to achieve".
Jeff Bezos net worth boosted by $24bn as demand for online shopping soars
Nice to see someone is doing well out of the pandemic.
Just 6,000 UK loans made to businesses out of 300,000 enquiries
Shadow business secretary Ed Miliband said that the scheme “is simply not working well enough” after the figures were revealed.
Two million could lose jobs amid Covid-19 crisis, watchdog warns
Labour leader Sir Keir Starmer has urged the Government to publish its exit strategy from the lockdown this week.