uk economy

UK Enters Deepest Recession Since Records Began

The economy contracted by a record 20.4% between April and June.
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Debenhams To Cut 2,500 Jobs As Impact Of Coronavirus Pandemic Hits

Jobs in stores and warehouses are set to be cut, the high street chain said.
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First Week Of Eat Out To Help Out Cost Almost As Much As Summer Free School Meals Programme

The government may have already spent £105.4m, compared to £120m for six-week scheme for children.
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Pizza Express Set To Shut 67 Restaurants And Cut 1,100 Jobs

The company said it was a difficult decision amid a “significantly more challenging environment” due to the coronavirus pandemic.
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Opinion: Our Post-Pandemic Future Depends On Putting Young People First In Any Recovery Plan

Young people are facing a perfect storm of disaffection, which will only widen social divisions, HOPE not hate's Rosie Carter writes.
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'Premature' End To Furlough Will Leave 3m Jobless, Think Tank Warns

NIESR think tank says chancellor is ending the job protection scheme "prematurely" this autumn.
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I’m A Millionaire, And I Want To Be Taxed More To Help The Economy Recover From Covid-19

In this crisis, it’s those with the least who’ve been hit most. I’m determined to play my part in changing that.
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Why Young People Will Be The Pandemic's Long-Term Victims

They may have been spared high mortality rates of older generations, but Covid-19 threatens to permanently scar career prospects of young people.
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Renters 'Left Out In The Cold' By Rishi Sunak's Coronavirus Mini-Budget

Thousands face uncertain future when ban on evictions ends next month.
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Boris Johnson Criticised By Tory MP For Acting Like A 'High Spending Leftie'

Sir Edward Leigh urges the PM to cut taxes like "good conservative" Margaret Thatcher instead of trying to emulate Franklin D Roosevelt.
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