Uber drivers will be entitled to minimum wage and paid holiday after Supreme Court judges today decided that they should be classed as ‘workers’ – in a landmark ruling that could have seismic implications for the gig economy. The judgment, made today after a five year battle between the ride-hailing app and its drivers, means Uber … Read more
Sir Keir Starmer warned Boris Johnson not to ‘waste the sacrifices of the last year’ with a botched rebuilding of the UK economy today as he set out his own economic vision for the future in front of a faint Union Jack backdrop. The Labour boss warned the PM and Chancellor Rishi Sunak against hiking taxes … Read more
Rishi Sunak was today warned that hiking taxes too early risks wrecking the fledgling economic recovery as a think-tank said the UK faces the biggest hit in the G7 The respected NIESR urged the Chancellor to be cautious in his Budget next month, despite hints that he intends to start repairing the battered public finances. … Read more
The Bank of England slashed its growth forecast for this year today but voiced hope that the rapid vaccine rollout will spark a strong recovery after June. In its latest Monetary Policy Committee report, the Bank reduced its estimate for economic growth for 2021 from 7.25 per cent to 5 per cent. It said an expected … Read more
RUTH SUNDERLAND: There’s hope this house price boom may be far from over By Ruth Sunderland Business Editor For The Daily Mail Published: 00:59 GMT, 21 January 2021 | Updated: 01:00 GMT, 21 January 2021 COVID-19 has caused more damage to the UK economy than any other crisis in living memory, yet the housing market … Read more
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
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
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
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
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