Rishi Sunak is urged to extend the furlough scheme for the travel sector in letter signed by 77 MPs

Rishi Sunak is urged to extend the furlough scheme for the travel sector in letter signed by 77 MPs and peers who warn industry is facing a ‘cliff edge’ and jobs bloodbath in the autumn 77 MPs and peers warned industry is facing a ‘cliff edge’ at end of September   They said case for extending … Read more

UK service sector roars back to life as consumers start to spend again

UK service sector sees fastest growth in 24 years as consumers start to spend again By Lucy White For The Daily Mail Published: 22:00 BST, 3 June 2021 | Updated: 22:00 BST, 3 June 2021 Activity in Britain’s service sector shot up at its fastest rate for 24 years in May, as pandemic restrictions loosened … Read more

BUSINESS LIVE: Service sector goes on a bumper hiring spree

BUSINESS LIVE: Service sector on a bumper hiring spree; Record new customers flock to AJ Bell; Aviva reports highest insurance sales in a decade Hiring in consumer-facing service sector jobs rise at fastest pace since 2015  AJ Bell pre-tax half year profits up nearly 40% as customer numbers rise  By This Is Money Published: 07:39 BST, … Read more

Government loses bid to delay High Court challenge from hospitality sector

Government loses bid to delay High Court challenge from hospitality sector over letting non-essential shops open before pubs and restaurants can serve food and drink indoors A judge today threw out the appeal and sided with two prolific businessmen  Hugh Osmond and Sacha Lord say indoor hospitality should reopen sooner Mrs Justice Eady approved their request … Read more

Glastonbury to receive huge grant as part of initiative to keep arts sector afloat

Glastonbury’s £900k bailout: Festival will receive huge grant as part of initiative to keep arts sector afloat By Daily Mail Reporter Published: 00:04 BST, 2 April 2021 | Updated: 00:04 BST, 2 April 2021 Glastonbury will receive a grant of nearly £1million as part of a major cash injection to keep the arts sector afloat, it … Read more

Manufacturing sector grows at fastest rate for a DECADE

Britain’s Covid bounceback: Manufacturing sector grows at fastest rate for a DECADE after Rishi Sunak says he is ‘confident’ about recovery Closely-watched PMI for manufacturing came in at 10-year high of 58.9 in March Anything above 50 in the index represents an expansion in economic activity Rishi Sunak insisted last night he is ‘confident’ the … Read more

As 30,000 pub closures loom, hospitality bosses plead with ministers to save sector from disaster 

30,000 pub closures loom: Bosses from across the hospitality industry plead with ministers to unlock early to save the sector from disaster Industry body UK Hospitality says 42 pubs shutting their doors every day in 2021 This rate is up from 30 pubs a day closing last year according to their latest data Figures led … Read more

Confidence among UK services sector firms at highest level in 15 years

Confidence among UK services sector firms at highest level in 15 years as bosses eye end of lockdowns By Daily Mail City & Finance Reporter Published: 22:11 GMT, 3 March 2021 | Updated: 22:11 GMT, 3 March 2021 Confidence among firms in Britain’s services sector has risen to its highest level for nearly 15 years … Read more

Public sector debt surged by more than £300BILLION since April

Public sector debt has surged by more than £300billion since the start of April last year as ministers continue to scramble to borrow cash to keep the UK afloat during the coronavirus crisis.    Office for National Statistics data released this morning showed that some £316.4billion has been added to the UK’s debt mountain since the … Read more

Public sector debt surged by more than £300BILLION since April

Public sector debt has surged by more than £300billion since the start of April last year as ministers continue to scramble to borrow cash to keep the UK afloat during the coronavirus crisis.    Office for National Statistics data released this morning showed that some £316.4billion has been added to the UK’s debt mountain since the … Read more