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More than 1.4million businesses are given more time to repay Covid ‘bounce back’ loans over fears of economic catastrophe Chancellor Rishi Sunak is expected to announce a ‘pay as you grow’ scheme Almost £4.5billion has been loaned under the Government scheme so far New measures will allow businesses to extend loan terms from six to … Read more
More than 1.4million businesses are given more time to repay Covid ‘bounce back’ loans over fears of economic catastrophe Chancellor Rishi Sunak is expected to announce a ‘pay as you grow’ scheme Almost £4.5billion has been loaned under the Government scheme so far New measures will allow businesses to extend loan terms from six to … Read more
In the last few days, the world’s eyes have been on the United States as the presidency has transferred from Donald Trump to Joe Biden. Thankfully, Biden’s inauguration has taken place without any repeat of the violence seen earlier this month. Investment experts believe that under Biden’s presidency, the wind is set fair for more … Read more
Thousands of firms are hoping for a swift return to health after a gruelling 2020. And experts say the Brexit deal, vaccine roll-out and a new president in the White House will hopefully spark life back into the UK and global economies. But not all businesses will recover quickly. So how can investors spot the difference between … Read more
Joe Garner has disappeared. We’ve arranged to speak over Microsoft Teams – a lifeline for many firms whose staff are working from home – but I can’t see or hear the Nationwide boss on my screen. When we finally give up on video conferencing and revert to an old-fashioned telephone call, I get the feeling … Read more
ALEX BRUMMER: Resilient City can bounce back yet again despite being left to sink or swim in Brexit deal By Alex Brummer for the Daily Mail Published: 23:24 GMT, 25 December 2020 | Updated: 21:21 GMT, 26 December 2020 Britain’s status as the world’s fifth-largest economy will remain intact next year in spite of the … Read more
Every Christmas, Steve Rowe, the chief executive of Marks & Spencer, works as an ‘Elfer’ – short for elf helper – on the shop floor. In the next few days he will go on a ‘magical mystery tour’ and turn up at a store without warning. ‘I like doing the packing, though sometimes colleagues don’t … Read more
MPs attack oversight of Bounce Back loans: Fears taxpayer could be on the hook for £26bn of bad debt By Daily Mail City & Finance Reporter Published: 22:22 GMT, 15 December 2020 | Updated: 22:41 GMT, 15 December 2020 An influential group of MPs has accused the Treasury of having a ‘woefully under-developed’ system for … Read more
Calls for legalisation of e-scooters grow as Halfords reports a huge rise in sales of the controversial products during the pandemic Under a current trial scheme, only rental e-scooters are allowed on public roads Environmental and congestion alleviation are among e-scooters’ touted benefits Research has found 52% of Britons would use an e-scooter for their … Read more
A family who fought for four months to get a £1,400 refund from Ryanair over a Majorcan holiday cancelled by Covid-19 – only for the cheque to bounce. Paul Irvine, 41, was due to jet off to the tourist hotspot last month with his parents, wife Lisa and their 12-year-old son Bradley. But the IT … Read more