Private jets have long been considered to be reserved just for the rich and famous – a luxury many of us could only dream of. But that is all changing, partly thanks to the coronavirus, according to claims from the 26 year-old chief executive of start-up private charter firm TailHail. Prices are also down, meaning … Read more
More than 90,000 travel sector jobs have been lost or placed at risk since the coronavirus crisis started, the association of travel agents and tour operators has said. ABTA has written to Chancellor Rishi Sunak asking for Government measures to support businesses, warning that the job situation in the industry had reached a ‘critical point’ … Read more
UK public sector debt goes above £2 TRILLION for the first time in history as ministers borrowed £27 billion in July alone because of coronavirus crisis Statistics show public sector debt is now above £2 trillion for the first time ever Office for National Statistics said borrowing in July was just shy of £30 billion … Read more
Charity sector has lost 25,000 jobs in Covid crisis with another 35,000 likely to follow as fundraising events are axed, charity shops shut and donations dry up In a survey of 455 UK charities 19 per cent have already made redundancies Further 23 per cent plan to make more cutbacks once the furlough scheme ends … Read more
The U.S. wants to build nuclear power plants that will work on the moon and Mars, and on Friday put out a request for ideas from the private sector on how to do that. The U.S. Department of Energy put out the formal request to build what it calls a fission surface power system that … Read more
Rishi Sunak has warned that the Government must ‘exercise restraint’ in future pay rises for public servants just after announcing an inflation-busting rise for 900,000 workers. The Chancellor announced a Comprehensive Spending Review (CSR) to be unveiled in the autumn that will set departmental budgets for the years to come. Departments have been told that … Read more
Chancellor announces inflation-busting pay rise for almost a million public sector workers on Covid front line but care workers will miss out Doctors, police officers and teachers are among those to receive increases Teachers and doctors see the largest boost – 3.1% and 2.8% respectively Rishi Sunak said: ‘These past months have underlined what we … Read more
The stark divide between the fortunes of the public and private sectors during coronavirus was underlined by new figures today. Public sector pay is surging during the crisis while private workers see their incomes plunge – and the gap is getting wider. The gulf reflects the fact that state employees have escaped the wave of … Read more
A resurgence in Britain’s small-cap biotech sector has been one of the few good things to come out of the coronavirus pandemic. As governments have hunted for vaccines, diagnostic tools and treatments, the speed and flexibility of the UK’s smaller biotech constituents has been increasingly recognised, funding for companies become more easily available and the … Read more
Up to one in six UK motor industry workers face being made redundant in the wake of the coronavirus pandemic, car makers have warned as they’ve called on the government to provide taxpayer help to keep their businesses afloat and staff in employment. The sector cull is on top off the 6,000 jobs already axed … Read more