Business Secretary Alok Sharma met Prince Charles days after aide tested positive for Covid

Business Secretary Alok Sharma met Prince Charles days after staff member in Cabinet minister’s private office tested positive for Covid Business secretary Alok Sharma met the heir to the throne last Thursday  A week previously he was in meeting involving an aide who later tested positive Spokesman said meeting with Charles was agreed with Clarence House  Said … Read more

Rishi Sunak is ‘set to extend furlough until March’

Rishi Sunak is braced to extend the furlough scheme until March amid renewed lockdowns and demands from Nicola Sturgeon. The Chancellor will set out the Government’s business support package to the Commons, admitting the month-long national squeeze in England will have ‘significant additional impacts’ on the economy. But Mr Sunak is expected to go further by … Read more

Coronavirus UK: Bank of England pumps another £150bn into economy

The Bank of England pumped another £150billion into the economy as lockdown began today – amid fears that it will send GDP plummeting and destroy jobs. The Bank has increased its mammoth bond-buying programme to £895billion, warning that UK plc’s recovery was already ‘softening’ before the squeeze was announced on Saturday.  Interest rates are being … Read more

US Election 2020: Pound sinks against US dollar amid uncertainty

Dollar rises against pound and US bonds are in demand as investors seek safe havens amid ‘extended uncertainty’ of election Leading up to election day markets had been pricing in a Biden clear sweep Strength of US dollar now on the up  as investors flock to ‘safe havens’ By Jane Denton For Thisismoney Published: 11:53 GMT, … Read more

Alok Sharma defends South Korea trade trip after staffer had Covid

Business Secretary Alok Sharma defends decision to continue South Korea trade trip where he met local politicians after staff member in his private office tests positive for Covid He jetted to Seoul on Saturday October 24 for a series of trade meetings Two days previously he attended a meeting with staff from his private office … Read more

Covid Lockdown: Airports in England could be mothballed

English airports could be mothballed amid looming ‘hammer blow’ from lockdown – as ministers face renewed demands to support the travel industry England’s looming lockdown includes a ban on foreign holidays and staycations  This has been described as a ‘hammer blow’ to an already hard-hit travel sector  Industry figures have called for measures including abolition of … Read more

Brexit: UK and EU ‘close to a compromise on fishing rights’

Brexit breakthrough? The UK and EU ‘are close to a compromise on fishing rights’ that could allow them to seal a trade deal within WEEKS They are reported to be closing in on a compromise that would allow a deal  Bloomberg said it would allow UK boats to catch more fish after December 31 But … Read more

UK Lockdown: BA and easyJet WILL refund customers, Ryanair refuse

Ryanair customers will not be offered refunds for flights in November despite the second lockdown. Passengers will not get their money back but could change the flight to a later date without paying a fee until March next year.   Ryanair has announced losses of £178million from the coronavirus pandemic as its CEO insisted testing could … Read more

Brexit breakthrough? The UK and EU ‘are close to a compromise on fishing rights’

Brexit breakthrough? The UK and EU ‘are close to a compromise on fishing rights’ that could allow them to seal a trade deal within WEEKS They are reported to be closing in on a compromise that would allow a deal  Bloomberg said it would allow UK boats to catch more fish after December 31 But … Read more

£9/hour waiter job with 1000 applicants withdrawn due to lockdown

Nearly 1,000 people apply for a job as £9-per-hour waiter… only for it to be withdrawn because of the new lockdown Almost 1,000 people apply for £8.72-an-hour job at Manchester restaurant  They included workers from the aviation, motoring, travel and arts industries  But the vacancy was withdrawn when the Government introduced 10pm curfew  By Jane … Read more