Bank of England: rapid GDP rebound likely as vaccines take effect
The Bank of England expects a rapid rebound of the UK economy later this year as the vaccination programme takes effect, but also announced moves…
Category: Business
UK should respond to economic crisis with 1945-style reboot, says CBI chief
Britain needs an economic strategy for the next decade to match the ambition of the 1945 postwar recovery as the country emerges from the Covid-19…
Fix gaps in furlough for self-employed workers, government urged
The government is under mounting pressure to plug gaps in its emergency coronavirus wage subsidy schemes at the March budget to support millions of self-employed…
World is shifting to a more plant-based diet, says Unilever chief
Unilever has said expanding its range of plant-based foods is one of its new strategic priorities as the FTSE 100 company zooms in on the…
UK new car sales fall 40% in January as lockdown bites
Just over 90,000 new cars were sold in the UK in the slowest January for more than 50 years, according to industry figures released on…
Waterstones says paying furloughed staff minimum wage ‘would not be prudent’
Waterstones has told staff that furloughed workers will not receive any increase to their wages until shops can reopen, after a petition was launched calling…
Even low levels of gambling linked to financial hardship, study finds
People who bet even relatively small sums are more likely to suffer financial hardship and unemployment, while heavier gamblers die earlier, according to a landmark…