Coronavirus crash decimates the value of Child Trust Funds

After years of diligent saving, the first teenagers will soon get access to their Child Trust Fund money. But experts fear a generation may have been put off investing for life after the coronavirus crash decimated the value of many of their accounts. Tax-free Child Trust Funds were introduced in 2005 to encourage families to … Read more

Wealthy NYC businesses board up their stores to defend against civil unrest as virus decimates NYPD

High-end stores throughout New York such as Louis Vuitton and Dolce & Gabbana are boarding up their windows in anticipation of civil unrest as the death toll in the city reached 1,867 on Friday with 305 new deaths. The wealthy businesses had already been ordered closed along with bars and restaurants as part of the … Read more

Government takes control of trains to avoid collapse as coronavirus decimates commuter travel

Government takes emergency control of UK train network to avoid a collapse of the transport system as coronavirus shutdown decimates commuter travel The Department for Transport (DfT) is suspending franchises for six months  Figures showed passenger numbers have fallen by up to 70 per cent Transport Secretary Grant Shapps said it would help rail staff … Read more