Get ready for the £50BILLION post-pandemic spending splurge

Get ready for the £50BILLION post-pandemic spending splurge: Britons put holidays and eating at at top of list as they plan to blow their lockdown savings Survey revealed foreign holidays will be most popular post-pandemic purchase  Study found 46 per cent of households increased their savings this past year £50billion of extra £192billion in savings is … Read more

Get ready for the £50BILLION post-pandemic spending splurge

Get ready for the £50BILLION post-pandemic spending splurge: Britons put holidays and eating at at top of list as they plan to blow their lockdown savings Survey revealed foreign holidays will be most popular post-pandemic purchase  Study found 46 per cent of households increased their savings this past year £50billion of extra £192billion in savings is … Read more

New lockdown could send Rishi Sunak’s furlough scheme soaring through £50billion barrier

New lockdown could send Rishi Sunak’s furlough scheme soaring through £50billion barrier as union calls for parents to be paid to stay at home with their children while schools are closed The job retention scheme (JRS) reached £46.4billion before Christmas  There was a sharp upturn in payouts following November lockdown Likely to reignite the row … Read more

MPs slam Bank of England over £50BILLION of ‘missing’ banknotes

The Bank of England should investigate where around £50billion of ‘missing’ banknotes is ‘stashed’, a committee monitoring the effectiveness of public spending has said. The Public Accounts Committee said the Bank needs to ‘get a better handle on the national currency it controls’. It said authorities have been behind the curve in ensuring access to … Read more

Warren Buffett’s Berkshire Hathaway suffers nearly $50billion loss in first quarter

Warren Buffett’s Berkshire Hathaway Inc has reported nearly $50billion in losses in the first quarter due to fallout from the coronavirus pandemic, marking the greatest loss the company has suffered in its history.   Berkshire said most of its more than 90 businesses are facing ‘relatively minor to severe’ negative effects from COVID-19, the illness caused … Read more