Londoners have formed long queues outside shops in Oxford Street, as shops reopened after the end of national lockdown.
Debenhams chairman said to be “desperately sorry” for the over ten thousand employees about to lose their jobs.
Shops will be open for 24 hours for Christmas: under the new plan, shop owners can try to recoup some of the sales lost during the lockdown.
The 700,000 people include mostly young workers and employees of hospitality and retail sectors.
The famous retailer is ready to re open its stores on December 2.
Rishi sunak has announced that NHS doctors and nurses will get a pay rise although pay rises for the rest of the public sector will be ‘paused’ next year.
Chancellor Rishi Sunak today warned of future cuts as the UK’s debt hit a new record high of £2.08trillion by the end of October.
The airline reported a £1,27 bn loss this year amid coronavirus crisis.
Britain’s economy grew by 15.5% between July and September.
The number of UK employees has decreased by 782,000 between March and October as a result of the Covid pandemic.
Primark CEO said that when non-essential shops will be allowed to reopen, Primark will operate 24 hours a day.
Average UK house prices have reached a record high following strong demand for properties post lockdown.
The Prime Minister announced that pubs, restaurants, gyms and non-essential shops will close for at least a month from Thursday onwards.
The low-cost airline has reported a massive loss from the pandemic (about 200 million euros) and now fears the second lockdown.
According to a recent forecast by Homes & Property, London will lead the UK housing market in the post-pandemic.
The economic damage in London as a result of the Covid crisis has been revealed today with the Capital being the hardest hit region.
Buying a house represents a very important decision. So, before purchasing, is fundamental to evaluate some essential aspects of the house.
A forex broker is a company that provides financial services to its clients, so that they can access a platform in order to exchange foreign currencies.
The EWM Group announced 24,000 employees could be losing their jobs soon as both Peacocks and Jaeger will face cuts and closures.
Covid: Cineworld, the cinema chain with sites all over the UK and US, has confirmed that it will close temporarily following news of film release delays.
The government will continue to support companies in paying the wages of workers who have not been able to return to work with the Job support scheme.
Whitbread, owner of the Premier Inn hotel franchise said that up to 6,000 people might lose their jobs working for the company because of Covid.
Covid, the unemployment rate in the UK has hit 4.1% as 700,000 people have lost their jobs since March.
For the third month in a row GDP has gone up and many see this as the start of the UK economy recovering from the impact of Covid. In July, GDP went up up 6.6%.
The company reported a six-month loss of £32.6 million due to the pandemic, but added that its performance was better than expected..