UK foreign aid spending falls £712m to £14.5bn due to Covid pandemic

UK’s foreign aid spending falls by £712million to £14.5billion due to the impact of the coronavirus pandemic, the first time it has gone down since the global financial crisis in 2007 International aid spending stats for 2020 show it declined by £712m to £14.5bn  Figure linked to UK economic prosperity, battered by Covid shutdowns last … Read more

UK foreign aid spending falls £712m to £14.5bn due to Covid pandemic

UK’s foreign aid spending falls by £712million to £14.5billion due to the impact of the coronavirus pandemic, the first time it has gone down since the global financial crisis in 2007 International aid spending stats for 2020 show it declined by £712m to £14.5bn  Figure linked to UK economic prosperity, battered by Covid shutdowns last … Read more

Co-op to repay £15.5m Covid furlough support but will keep £66m business rates relief

Co-op vows to repay £15.5m furlough cash it received during lockdown as its annual profits more than double to £77m – but it won’t hand back £66m business rates relief Supermarket chain confirmed it will repay Government’s £15.5m for furlough But they confirmed they would hold onto £66m it secured in business rates relief News … Read more

TOWIE’s Tommy Mallet makes Forbes 30 under 30 rich list with £2.5m footwear brand

He left school due to school due to dyslexia with no qualifications and spent three years working as a carpenter. But reality TV star Tommy Mallet from The Only Way Is Essex has now made it onto a Forbes list of influential entrepreneurs after making millions of pounds through his successful footwear company, Mallet London. … Read more

Covid UK: AstraZeneca shares fall 1% after regulator says under-30s should not take vaccine

AstraZeneca‘s share price has slumped by one per cent after UK health chiefs said Britons under 30 should not take its vaccine. The British-Swedish pharmaceutical firm, based in Cambridge, suffered a blow to its jab this afternoon following mounting evidence linking it to rare blood clots. The company’s shares were trading at 7.110 points on Tuesday … Read more

Greensill boss ‘boasted to staff that his finance firm had “enormous” liquidity’ before it collapsed

The boss of collapsed finance company Greensill boasted to staff about the firm’s ‘enormous liquidity’ just three weeks before it collapsed and became embroiled in a political scandal. Australian financier Lex Greensill, 44, reassured staff in an internal video on February 15 – audio of which has been obtained by the FT – of the … Read more

UK minimum wage increases 2.2%, with pay rise for 2m low-paid workers

Pay hike for 2million low-paid workers as minimum wage increases today by 2.2%… more than £300 extra a year for full time staff The National Living Wage rises by 2.2 per cent to £8.91 per hour from Thursday The boost is the equivalent of £345 extra per year for someone working full time The rate … Read more

Tourism chiefs call for extra UK Bank Holiday in September to help attractions

Tourism chiefs are calling for an additional day off in September in a bid to boost visitor numbers to attractions hard hit by the pandemic. Attractions such as museums, theme parks, galleries and stately home struggled in 2020 as coronavirus restrictions forced them to close overnight. Tightening restrictions, a sharp fall in foreign visitors and … Read more

Covid lockdown UK: Just 38% restaurants and pubs have outdoor space needed to reopen on 12 April

More than half of Britain’s pubs and restaurants will be forced to remain closed when lockdown restrictions ease because they do not have outdoor space.   Under the next relaxation of coronavirus rules, a swathe of freedoms will be restored on April 12 under the current timetable. This includes a long-awaited reopening for pubs and restaurants … Read more

Union Jack-backed Boris Johnson gives first press conference in new £2.6million briefing room

Out with the old and in with the red, white and new! Boris Johnson backed by the Union Jack as he hosts his first press conference in Downing Street’s new £2.6million press briefing room to welcome the latest stage of lockdown lifting Boris Johnson made his first appearance in Downing Street briefing room today came … Read more