Footfall in shops plunged 27 per cent last week as lockdown hammers economy

Footfall at shops plunged more than a quarter last week as the brutal lockdown hammers the economy. Total shopper numbers tumbled by 27.1 per cent in the seven days to January 9 compared to the previous week.  The grim figures from research group Springboard emerged as Rishi Sunak prepares to face MPs for the first … Read more

Economy shrank by more than 3 per cent in November lockdown

Britain’s economy shrank by more than 3 per cent in November lockdown, figures expected to show By Helen Cahill, Financial Mail On Sunday Published: 21:50 GMT, 9 January 2021 | Updated: 21:50 GMT, 9 January 2021 Britain’s economy shrank by more than 3 per cent in the November lockdown, figures are expected to show this … Read more

British Airways economy class food will now come from Michelin-star chef Tom Kerridge

At best they can come as a distraction from the tedium of a long flight – while at worst they can be a stomach-churning pile of gloop. So food lovers will be delighted to discover that British Airways has teamed up with celebrity chef Tom Kerridge to put some zest into its in-flight economy meals, … Read more

British Airways economy class food will now come from Michelin-star Tom Kerridge

BA cattle class meals go POSH: Carrier unveils new onboard economy menu by double-Michelin-star chef Tom Kerridge – and the Mail can confirm that the food is tasty and good value Tom Kerridge has designed gourmet food for a new ‘Speedbird Café’ menu  Customers wanting to order from it must pre-purchase their meal before flying  … Read more

UK Economy: 1,500 jobs at risk as Paperchase faces administration

Stationery chain Paperchase is on the brink of administration as new Covid lockdown puts 1,500 jobs and 173 stores at risk Paperchase appointed accountancy firm PwC to handle administration process   Approximately 1,500 jobs and 173 stores are on the line for the stationery retailer The retailer usually makes 40 per cent of its sales over November … Read more

UK economy will rebound at fastest rate since WW2 to rise 8% in 2021

UK economy will rebound at fastest rate since WW2 to rise 8% in 2021 as Britons spend billions saved during lockdown, experts forecast National income is set to rise by 8 per cent in 2021 – fuelled by billions in savings  The upbeat  forecast comes on the day Britain leaves the European Union Economy will … Read more

Resolution Foundations warns Covid rules could cause economy to shrink by 6% more than predicted

Tough measures put in place to control the spread of a new Covid variant in the UK could lead to slower economic growth next year than first predicted, a leading think tanks has today warned. The Resolution Foundation says the economy could be six per cent smaller by Easter than first forecast by the UK’s … Read more

China will overtake the US and become the world’s biggest economy by 2028, report says

The unstoppable rise of the Chinese dragon: China will overtake the US and become the world’s biggest economy by 2028, report says Prediction made by Centre for Economics and Business Research  Said coronavirus pandemic and economic fallout tipped rivalry in China’s favour CEBR said factors in China’s favour included its ‘skilful management of the pandemic’  By … Read more

Britain is world’s fifth-largest economy again after overtaking India despite coronavirus recession

Britain is the world’s fifth-largest economy again after overtaking India despite being in the grip of deep recession during coronavirus pandemic League table produced by Centre for Economic and Business Research (CEBR) UK is set to push further ahead of seventh-placed France in decade after Brexit Climb back up league table is despite fall in GDP … Read more

UK economy set to storm ahead of France after Brexit transition

UK economy set to storm ahead of France after Brexit transition and ‘will be 23% bigger than theirs by 2035’ UK will retain its status as world’s fifth biggest economy in 2021, experts predict  Britain will also remain close to the top of global growth tables up until 2035  British economy on course to be … Read more