Shares in hard-hit travel and leisure stocks bounced after Boris Johnson delivered his outline for lifting lockdown, stage by stage, across the whole of England. Under the plans, there will be little respite for non-essential businesses in March. And at every stage the dates that have been given are the very earliest re-openings and could … Read more
Boris vows cities will ‘bounce back’ despite working from home rules potentially remaining until JUNE under his lockdown roadmap – while the ‘Stay at Home’ slogan will be swapped for ‘Stay Local’ at the end of March PM said working from home should go on until social distancing review ends Roadmap reveals that is expected ‘ahead … Read more
Crooked businessmen have been caught offering to sell dormant companies in the full knowledge that they will be used to make fraudulent claims for coronavirus loans. The Mail on Sunday today exposes the scam, which allows con artists to use the companies as a front to claim money under the Government’s Bounce Back Loan Scheme, then … 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: 23:30 GMT, 25 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