Retail sales plummeted by a FIFTH in April as Britons stopped buying fuel and clothing amid coronavirus lockdown – but purchases of alcohol were UP ONS figures showed retail sales were down by a fifth in April amid the lockdown Fuel and clothing sales were down by half month-on-month but alcohol was up Figures underline … Read more
Trust in the travel industry has plunged to a record low as airlines and holiday companies continue to deny and delay refunds for coronavirus cancellations, according to Which? The consumer champion says its Consumer Insight Tracker shows that trust in airlines and holiday companies has dropped from a net score of nine in February 2020 … Read more
Prime Minister Boris Johnson last night put detailed science at the heart of Britain’s coronavirus crisis and said the status of the lockdown now depends on the virus’s reproduction number – known as the R. He confirmed the R rate has now dropped below 1, meaning COVID-19 is spreading slower than one-to-one and the epidemic … Read more
When the late Paul Volcker took over the U.S. Federal Reserve in 1979, the American economy was suffering an uncommon malady known as ‘stagflation’ – a mix of high unemployment and inflation. To defeat this, the Fed raised interest rates to as high as 21.5 per cent at one point. The measure instigated a massive … Read more