Families are losing an average of £36 per week from their household income as they struggle to cope with increased childcare demands, while some parents are losing in excess of £300.
Coronavirus has shaken up the stock market, but some shares’ fortune has diverged. While online white goods store AO has soared, Aston Martin has sunk
Bohoo founder Mahmud Kamani (pictured) has seen £1.6bn wiped off the value of the company, he and co-founder Carol Kane set up in 2006. Together the pair hold an 18.6 per cent stake.
Those who doubted Andrew Bailey was the right person to be Governor of the Bank of England cannot but have been impressed by his smart response to the Covid-19 emergency.
Bailey was due to the address the 1922 Committee today hours after Chancellor Rishi Sunak lays out the Government’s plans to repair the economy.
After four consecutive months of falls were reported by mortgage lender Halifax, Rishi Sunak (pictured) is today expected to announce measures to get things moving again.
Brittain (pictured) insisted she had her ‘hands full’ with her current job. She has been at Premier Inn owner Whitbread for five years having previously been director of retail banking at Lloyds.
Micro Focus said ‘economic uncertainty’ triggered by the pandemic meant it had to write down the value of its assets by £730m. By contrast, it made a profit of £1.1bn in the same period last year.
Banks have now handed £30.4bn to 1.01m small firms. The loans make up the vast majority of lending under the Government’s emergency coronavirus schemes, which now totals £45.4bn.
As Rishi Sunak unveils plans for a ‘young jobs revolution’, the Unite union yesterday said the jobs of 2,200 workers at DHL, who deliver components for Britain’s biggest car maker, are under threat.
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