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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…
https://youtube.com/watch?v=5rdD048e-j0Government borrowing has surged to its highest level on record, underlining the scale of the economic damage caused by the coronavirus pandemic. The deficit, the difference between government spending and tax receipts, soared to more…
https://youtube.com/watch?v=AcXAKYi7FikThe government borrowed a record £62bn last month to pay for the ballooning costs of the COVID-19 pandemic - especially the job retention scheme. This is almost three times higher than the amount borrowed in…
https://youtube.com/watch?v=hDyhdl-SrucThe government confirmed its plans to require a two-week quarantine period for travellers entering the UK from any other country apart from the Republic of Ireland. Those arriving at airports will have to provide an…
https://youtube.com/watch?v=VDbFPtAo2o8Retail sales have suffered the biggest drop since records began, falling by more than 5% last month. The figures from the Office for National Statistics show that clothing sales have been particularly hard hit, down…
https://youtube.com/watch?v=siBLLsNfceUThe coronavirus pandemic will cause the worst global economic downturn since the Great Depression almost a century ago. That is the warning from the International Monetary Fund. The British economy could be affected just as…