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https://youtube.com/watch?v=wPLYzYWaB6YThe UK has seen the biggest fall in economic output for 300 years, due to the coronavirus pandemic. GDP - the total value of goods and services produced in the UK - fell by 9.9%…
https://youtube.com/watch?v=EXNWq_wXuboThe Bank of England says the UK economy is in for another tough few months but it believes that the impact of coronavirus restrictions will not be as bad as last year's lockdown and the…
https://youtube.com/watch?v=KPf3msZLZdMDebenhams, one of the biggest names on the high street, is set to close with 12,000 staff expected to lose their jobs. It's the second huge blow to the UK retail sector in the space…
https://youtube.com/watch?v=rEAA5twFhyMThe extent of the economic and financial crisis facing the UK has been spelled out by the chancellor Rishi Sunak. He told MPs that the cost of fighting the pandemic has led to record government…
https://youtube.com/watch?v=FzoOohlBA_MThe Treasury's furlough scheme, which has subsidised the wages of up to nine and a half million employees, was due to end in October. Now it’s been extended across the UK for another month, after…
https://youtube.com/watch?v=glCewBbek7MThe impact of the coronavirus pandemic has led to the highest levels of unemployment in the UK for more than 3 years. The Office for National Statistics says the rate increased to 4.5 per cent…
https://youtube.com/watch?v=3cB8VNKQzbsThe UK has fallen into its worst recession on record because of the coronavirus lockdown, contracting by more than 20% between April and June 2020. It’s the worst slump of any major global economy. The…
https://youtube.com/watch?v=2zYI_titr3cTwo of the UK's biggest High Street retailers, John Lewis and Boots, have announced more than 5,000 job cuts. 4,000 jobs will go at Boots and 48 Boots Opticians stores will be closed. 1,300 jobs…