UK GDP fell 2.6% in November as economy hit by second Covid lockdown

Rishi Sunak warns of ‘harder’ times to come with UK on track for double-dip recession despite signs of resilience with GDP only falling 2.6 per cent during second coronavirus lockdown in November GDP fell again in November as the four UK nations imposed fresh restrictions Brought an end to six consecutive months of recovery for … Read more UK GDP fell 2.6% in November as economy hit by second Covid lockdown

Morrisons first UK supermarket to pay staff £10 an hour basic rate

Morrisons announces it will become first British supermarket to pay staff £10 an hour in boost for 96,000 workers Retail trade union Usdaw negotiated a £10 an hour basic rate for workers It brings wages 50p an hour above the voluntary Living Wage Foundation rate Asda has confirmed it will not be offering its workers … Read more Morrisons first UK supermarket to pay staff £10 an hour basic rate

Deliveroo to expand to 100 new UK towns as lockdown demand surges

Deliveroo will expand to 100 new towns and cities across UK for an additional four MILLION customers following surge in demand during pandemic Food delivery service Deliveroo will expand reach to 100 new cities and towns Currently operates in over 200 locations but will reach four million more people Additional customers will be able to access … Read more Deliveroo to expand to 100 new UK towns as lockdown demand surges

The return of Tony Blair? Ex-Labour leader and prime minister ‘advising Matt Hancock on vaccines’

The return of Tony Blair? Ex-Labour leader and three-term prime minister ‘advising Matt Hancock and other Tories on vaccines strategy’ because he believes he can improve ‘inadequate’ leadership Mr Blair is powerful figure in the fight to use vaccines to save lives and economy Sunday Times said he offered ‘strategic advice’ to Hancock several times  … Read more The return of Tony Blair? Ex-Labour leader and prime minister ‘advising Matt Hancock on vaccines’

Covid UK: Ryanair boss slams Grant Shapps’s ‘shambolic’ travel order

Travellers arriving in the UK will be able to present negative PCR or lateral flow Covid tests as proof that they do not have coronavirus.   Grant Shapps has said nobody will be able to depart for Britain by plane, train or ferry unless they present a ‘recognised’ test result at check-in along with a valid … Read more Covid UK: Ryanair boss slams Grant Shapps’s ‘shambolic’ travel order

Arsenal take out £120m loan from Bank of England’s Covid scheme

BREAKING NEWS: Arsenal take out a £120m loan through Bank of England’s Covid scheme to help them cope with the impact of the pandemic – despite splashing out £45m on one player in October and paying Mesut Ozil £350k-a-week but not playing him Arsenal announced they have borrowed £120million from the Bank of England    … Read more Arsenal take out £120m loan from Bank of England’s Covid scheme

New image of London Resort released as it claims it will generate £50billion for the UK in 25 years

The London Resort, which has been dubbed ‘Britain’s Disneyland’, has claimed that it will generate £50billion for the UK economy during its first 25 years of operation.    The park, which will be based in Kent between Gravesend and Dartford on the Swanscombe Peninsula, is set to open in 2024. The area on which the resort … Read more New image of London Resort released as it claims it will generate £50billion for the UK in 25 years

Coronavirus UK: Vaccinating 24m by Easter may STILL not end pandemic

Ambitious hopes the UK could vaccinate 24million people against Covid by Easter might not be enough to end the pandemic, scientists warned today. In an attempt to soften the blow of putting three-quarters of England under Tier 4 lockdowns today, Matt Hancock and Boris Johnson claimed the approval of Oxford University/AstraZeneca‘s game-changing jab opened the … Read more Coronavirus UK: Vaccinating 24m by Easter may STILL not end pandemic

FTSE 100 falls despite Covid vaccine and Brexit deal due to lockdown

FTSE closes down 0.7% or 47 points at 6,556 after approval for Oxford’s Covid vaccine and vote passing post-Brexit deal were overshadowed by three quarters of UK being plunged into Tier 4 lockdown FTSE 100 index of biggest UK firms down by 0.71% or 47 points at 6,556 today Fall comes despite PM’s post-Brexit EU trade … Read more FTSE 100 falls despite Covid vaccine and Brexit deal due to lockdown

UK economy surged by 16 per cent between July and September

UK economy surged by 16 per cent between July and September – the highest rise ever recorded – but still not enough to offset an even bigger fall between April and June with GDP almost NINE PER CENT below where it was at the end of 2019 UK GDP increased by an estimated 16 per … Read more UK economy surged by 16 per cent between July and September