Business and Economics
Business and Economics News
UK economy slumped in February before Coronavirus impact
The Office for National Statistics (ONS) said UK GDP fell by 0.1% during the month, as it slipped from 0.1% growth in January.
Sunak’s small business relief is ‘qualifying out’ small businesses
The Chancellor’s measures demonstrate how 'new-economy' companies are confounding the government at all levels.
Britain’s small businesses likely be hit the hardest by coronavirus
The researchers are calling for ministers to ramp up financial support and access to advice for the smallest businesses to ensure their survival.
Business leaders: We want to hear from you
The Chancellor was lauded for his generous rescue schemes, but for many businesses the help simply is not there.
Sunak’s small business rescue plan has one major flaw – the banks don’t want to lend
In classic hedge fund manager-style he has put in place an overly complicated scheme that eliminates risk and allows the government to maintain its ideological position.
Quarter of firms laying off staff due to pandemic, report finds
The Office for National Statistics also said 45 per cent of businesses reported ‘lower than expected’ revenues between March 9 and 22.
How to save lives and the economy during COVID-19 pandemic
Nobel Prize winning economist Paul Romer says two things have to happen now.
This is the gaping gap in the chancellor’s self-employed rescue package
"Sunak's announcement has abandoned a significant section of the labour market and portrays a fundamental lack of understanding of the operational running of micro-companies.”
Mike Ashley apologises to Government over ‘ill-judged’ virus response
The Sports Direct founder wrote an open letter in which he also criticised his firm’s ‘poor’ communication with staff and the public.