As of August 9, the total lent to 1.2m firms was £51.8bn. The Bounce Back loan scheme accounted for the biggest chunk, with 1.16m applications worth £35bn approved for small firms.
Debenhams has not reinstated a single travel money desk in its 124 remaining stores. Barclays is not exchanging cash in its branches but is asking customers to order foreign currency to their homes.
Nearly five months on, there are queues lining the streets because branch hours have been slashed, customers being refused help at the door if staff don’t deem their needs essential.
The price of gold hit an all-time high last week, breaking the $2,000 (£1,500) an ounce barrier and meaning its value has risen by more than 35 per cent since the start of the year.
The pandemic has turned the jobs market upside down. Previously stable industries are on the brink of mass layoffs, while some smaller sectors are now struggling to keep up with a surge in demand.
Last week we launched a jobs crisis survival guide, taking you through your basic redundancy rights and how to navigate a competitive labour market. But the harsh reality is that work could be scarce.
As the big beasts of the luxury automotive world fight it out for domination of the asphalt jungle, Britain’s Bentley has been on a lockdown work-out to muscle its way to the fore with a toned-up Bentayga.
Just 1,039,303 second-hand cars changed hands in the second quarter of the year, says the SMMT. That’s down from 2,034,236 in the same three months of 2019.
The Warwickshire-based game developer, which specialises in motorsport computer games, said sales of its back catalogue and best-selling F1 2020 game had been strong.
Rishi Sunak’s stamp duty cuts have sparked a surge in the number of home buyers and prompted an all-out bidding war as people across the UK fight to get on the property ladder.
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