Britain’s public finances are in a mess. The debt is greater than the size of the economy after the Government borrowed a record amount in May to save the country from collapse. The latest Office for National Statistics figures show the UK borrowed around £55.2billion in May, about nine times more than the same month … Read more
Every sector of UK economy is hit by coronavirus: But experts say worst is now past By Matt Oliver For The Daily Mail Published: 22:02 BST, 12 June 2020 | Updated: 22:02 BST, 12 June 2020 Pubs, theatres, housebuilders and car makers were among the worst hit after the coronavirus lockdown delivered an ‘unprecedented’ blow … Read more
Pub groups were on the rise as investors cheered moves to reopen the hospitality sector. Ministers are said to be looking at whether pubs, restaurants and cafes could be back in action by June 22, rather than July 4, in a bid to ‘save the summer’. A reduction to Britain’s two-metre social distancing rule to … Read more
Hundreds of NHS staff beg the Government not to freeze public sector wages to help pay for coronavirus crisis NHS workers beg Chancellor Rishi Sunak to rule out public sector freeze pay It comes after a leaked Treasury report a two-pay halt on public wage rises The report warned of a £337bn Budget deficit following … Read more
Workers in private sector face year of stagnant wages and few chances to move, as pay and hiring suffer coronavirus fallout By Daily Mail City & Finance Reporter Published: 21:55 BST, 17 May 2020 | Updated: 21:55 BST, 17 May 2020 Workers in the private sector are set for a year of stagnant wages and … Read more
Unions have branded a potential public sector pay freeze a ‘betrayal’ as millions of private sector workers faced pay cuts or lost their jobs. A Treasury document has estimated the UK’s deficit could reach £337billion this year because of the pandemic, compared to the forecast £55billion in March’s Budget. The paper said measures including income … Read more
UK in worst recession in living memory: 591,000 firms at risk of going bust as car sales crash to lowest since 1946 By James Salmon for the Daily Mail Published: 22:55 BST, 5 May 2020 | Updated: 23:41 BST, 5 May 2020 Households have been told to brace themselves for the worst recession in living … Read more
Carbon emissions from the power sector have fallen by nearly 40 per cent across Europe due to coronavirus lockdowns, analysis suggests. Emissions of CO2 from power generation, including the harmful burning of coal, have been 39 per cent lower in the past 30 days than the same period in 2019. The analysis from climate think … Read more
MIDAS SHARE TIPS: Yew Grove cashing in on Ireland’s booming medical technology sector By Joanne Hart, Financial Mail on Sunday Published: 21:53 BST, 18 April 2020 | Updated: 22:26 BST, 18 April 2020 Medical technology is big business. Annual sales topped £350 billion even before the coronavirus pandemic, and Ireland is one of the foremost … Read more
Richard Findlay, Livestock Board Chairman of the National Farmers Union British farmers have reacted with fury at public sector caterers’ move to cut meat servings in schools, universities, care homes, and hospitals by 20 per cent. Public sector caterers have vowed to hit the target as part of a pledge which also aims to boost … Read more