Rishi Sunak launches new loan scheme with £10m business grants to kickstart economy after lockdown Firms will access loans of between £25,000 and £10million to get back on track Recovery Loan replaces a string of earlier ones including the Bounce Back loans Ministers were under pressure to reform the Bounce Back scheme after review By … Read more
France’s third lockdown set to cost its economy £12bn in just four weeks with output expected to fall 7% By Lucy White For The Daily Mail Published: 21:51 BST, 1 April 2021 | Updated: 21:51 BST, 1 April 2021 France is facing a £12.8billion hit to its economy after President Macron plunged the nation into … Read more
Bank of England official says outlook for economy is rosier than first thought By Daily Mail City & Finance Reporter Published: 21:55 GMT, 26 March 2021 | Updated: 22:18 GMT, 26 March 2021 The outlook for the economy is rosier than first thought, a Bank of England official has said. Michael Saunders told guests on … Read more
British economy bounces back from the pandemic with fastest growth since August By Lucy White For The Daily Mail Published: 21:50 GMT, 24 March 2021 | Updated: 21:50 GMT, 24 March 2021 Business activity is growing at the fastest rate in seven months as Britain’s economy bounces back from the pandemic. Despite the continuing lockdown, … Read more
John Lewis to shut eight more stores Store closures announced today: Aberdeen Ashford (At Home) Basingstoke (At Home) Chester (At Home) Peterborough Sheffield Tunbridge Wells (At Home) York Store closures announced last July Birmingham Croydon Watford Newbury Swindon Tamworth St Pancras Heathrow John Lewis has announced it will shut eight more stores across the country, … Read more
Each day of lockdown is costing the economy more than £500million, according to research for the Daily Mail. The Centre for Economics and Business Research found that output is £521million a day lower than it was before the pandemic. One in four businesses remains closed and six million workers are on furlough. As well as … Read more
Each day of lockdown is costing the economy more than £500million, according to research for the Daily Mail. The Centre for Economics and Business Research found that output is £521million a day lower than it was before the pandemic. One in four businesses remains closed and six million workers are on furlough. As well as … Read more
The appalling cost of a year of draconian Covid restrictions and lockdowns is laid bare today. On the eve of the anniversary of Boris Johnson’s original ‘stay at home’ order, in-depth analysis by the Mail shows the sheer extent of the economic, social, educational and healthcare damage. Pandemic measures are costing £500million a day in … Read more
George Clooney and Julia Roberts Just last week, it was revealed that Clooney and Roberts would film rom-com Ticket to Paradise. The production has received $6.4million from the Australian government as part of a location incentive program. In return, the film is expected to bring $47million to the local economy and create more than 270 … Read more
UK economy is a ‘crouching-tiger’ on course for a ‘rapid-fire recovery’ after lockdown restrictions ease, Bank of England chief economist says as officials raise growth forecasts Andy Haldane, a famous optimist, delivered his upbeat verdict at a talk today Came as central bank forecasts suggested growth will pick up amid reopening Previously blasted doom-mongers, for … Read more