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Chancellor Rishi Sunak ‘is working on new bailout package for businesses affected by coronavirus’ Chancellor Rishi Sunak to speak with PM on the economic impact of coronavirus The Prime Minister has told Britons to avoid pubs and clubs amid the outbreak But business owners fear that they may lose their livelihoods as firms go bust … Read more
Hung out to dry as collateral damage in the coronavirus crisis… if I were an entrepreneur, I would be incandescent. Of course, everyone understands that human life and health takes top priority and the concerns of businesses come a long way behind. When Boris Johnson announced the latest round of measures to curb the spread … Read more
Puerto Rico bans citizens from the streets between 9pm and 5am, closes businesses and imposes 6pm curfews on supermarkets after recording its fifth coronavirus case Shops, theaters, parks, malls, gyms, courts will close to stop coronavirus spread Closures started at 6pm on Sunday and are due to continue for two week Territorial governor Wanda Vázquez … Read more
Crash! Everything has changed over the past week – or has it? What has happened over the past few days is profoundly troubling, but when you get a shock such as this you have to distinguish between what is really new and different – and what is within our past experience. The global collapse (and … Read more
Morrisons agrees to pay suppliers immediately to ensure businesses do not collapse By Daily Mail City & Finance Reporter Published: 21:50 GMT, 13 March 2020 | Updated: 22:01 GMT, 13 March 2020 Morrisons has become the first major UK supermarket to agree to pay small suppliers immediately to ensure businesses do not collapse due to … Read more
Business leaders cheered the Chancellor’s £30billion emergency package of coronavirus-battling measures to help big and small firms in today’s Budget. In his first Budget, Rishi Sunak pledged extra help for the High Street, gig economy workers, and the small businesses that are considered the backbone of the UK economy, as the country faces huge disruption … Read more
Government pushes businesses to go greener as taxes are raised for gas bills – but frozen for electricity rates Chancellor announced in the Budget that gas levies will rise Changes will come into effect in April 2022 Electricity is better for the environment than gas – but is currently taxed more By Grace Gausden For … Read more
Chancellor’s £5bn pot to support UK exports as businesses prepare for life after Brexit By City & Finance Reporter for the Daily Mail Published: 22:44 GMT, 10 March 2020 | Updated: 22:44 GMT, 10 March 2020 The Chancellor is set to hand a £5billion boost to British exports as businesses prepare for life outside the … Read more
When the financial crisis of 2008 hit, the then prime minister Gordon Brown was ready with the big bazooka. With two of the nation’s biggest banks, Royal Bank of Scotland and Lloyds-HBOS just hours from running out of cash, the then Labour government launched a near one-trillion-pound rescue package for big banks, business and consumers. … Read more
Businesses are preparing for large parts of their workforces to be off work because of the coronavirus after officials said even mildly ill people should stay home. The English Chief Medical Officer, Professor Chris Whitty, admitted people could soon be told to self-isolate for a week if they have any sort of cold or flu-like … Read more