Thousands of small businesses ruled out for Covid-19 help send SOS to Chancellor
HUNDREDS of thousands of small firms whose trade has been decimated in the lockdown are warning they risk going bust, leaving a trail of destruction affecting many more, because their directors have been excluded from the Government’s Covid-19 support schemes. Daily Express :: City and Business Feed More...
FTSE 100 plummets for FIFTH week as IMF declares global recession
THE FTSE 100 fell for a fifth week as the index continues to plummet during the coronavirus crisis, with the IMF now declaring a global recession. Daily Express :: City and Business Feed More...
Debenhams ‘set to put administrators on standby to protect business’ in coronavirus crisis
DEBENHAMS could file a notice of intention to appoint administrators as early as next week, according to reports. The department store is among high-street retailers which have been required to close due to UK More...
UK banks: Are banks profiting from coronavirus crisis?
UK banks have come under fire for profiting over loans lent to businesses at risk from collapse due to coronavirus. Are banks making a profit from the coronavirus crisis? Daily Express :: City and Business Feed More...
Morrisons cleared over staff salaries leak, court rules
MORRISONS will not be held liable after a worker with a grudge posted salary details of 100,000 staff on the internet. Daily Express :: City and Business Feed More...
FTSE 100 latest: The six companies GROWING despite huge drop in stock index’s value
THE FTSE 100 fell sharply after opening this morning as the coronavirus pandemic continues to cause fear in the City – however, despite the torrid opening, six companies have bucked the trend and seen a rise More...
Government coronavirus spending: Where is all the money coming from?
THE ongoing coronavirus crisis has forced the Government to cash out in order to keep businesses, workers and the economy afloat. Where is all the money coming from? Daily Express :: City and Business Feed More...
Economic meltdown: UK economy to shrink by 15 percent this quarter– biggest dip since 1997
BRITAIN’s economy will shrink by 15 percent over the next financial quarter – the biggest drop on record – economists have warned, with the Government facing a desperate battle to prevent a full-blown More...
Coronavirus: UK economy ‘hurtling towards recession’ – Worse than 2008 financial crash
ECONOMISTS have warned the UK economy is heading into a deeper recession than the 2008-09 financial crisis as the coronavirus pandemic is set to savage GDP, public finances and employment. Daily Express :: City More...
Pound to euro exchange rate plummets dramatically – GBP ‘extremely vulnerable’
THE POUND to euro exchange rate has plunged dramatically this afternoon and is entirely dominated by coronavirus at the moment, experts have said as the gap between GBP and the euro narrows dramatically – More...