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Pub trade warns of 2,000 closures without budget aid
A further 2,000 pubs are at risk of closure, threatening 25,000 jobs, unless the chancellor comes to the sector's aid in this month's budget, according to an industry body.
A further 2,000 pubs are at risk of closure, threatening 25,000 jobs, unless the chancellor comes to the sector's aid in this month's budget, according to an industry body.
Three-month extension of energy price guarantee welcomed but key state support schemes expiring
Exclusive: David Blanchflower urges rethink after collapse of Silicon Valley Bank and lifeline thrown to Credit Suisse
European Union ministers agreed Monday on a two-billion-euro plan to raid their own arsenals and jointly purchase desperately needed ammunition for Ukraine.EU foreign policy chief Josep Borrell said the plan was to purchase from European manufacturers and sign contracts for the ammunition for Ukraine by the end of May.
The UK is facing a number of economic challenges that are having a marked impact on families.
Resolution Foundation says typical UK household income has fallen further behind Germany, with the gap at £4,000
Kwasi Kwarteng has praised Jeremy Hunt’s “good” Spring Budget, but vowed to keep fighting for a lower-tax economy.
It’s taking a toll on multiple industries.
Jim Chalmers says figures based on Treasury projections reveals opposition’s ‘deception’
We now know what happens when central banks raise rates and reverse QE
Former chancellor says Jeremy Hunt is probably right to be a bit more "cautious".
"It's too late to find a solution that prevents a hard landing and prevents severe financial stresses," "Dr. Doom" economist Nouriel Roubini said.
It is often said that charity starts at home. But if you are over 50, the Work and Pensions Secretary thinks that charity starts with returning to work.
A CALL for a social tariff for energy to protect vulnerable households has been made following the Tory Budget last week.
(Bloomberg) -- Colombia’s ambitious overhaul of its pension system will create a major new player in the local market and shore up demand for the nation’s bonds, according to Finance Minister Jose Antonio Ocampo. Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessThe One Big Winner and Many Losers of UBS’s Credit Suisse RescueMorgan Stanley Strategist Says Bank Stress Signals Bear Market EndStocks Stage R
Amazon is cutting another 9,000 jobs in its second round of deep layoffs this year. Chief executive Andy Jassy announced the redundancies in a company-wide note to employees on Monday, saying: “I’m writing to share that we intend to eliminate about 9,000 more positions in the next few weeks.” Mr Jassy said the cuts were necessary to reflect the “uncertain economy in which we reside”.
Leisure centres 'could be lost' if government doesn't provide long-term funding support.
Bank stocks rallied on Monday and a cross-asset scramble for safety abated, as investors heaved a tentative sigh of relief that a historic weekend rescue of financial heavyweight Credit Suisse is containing the banking crisis for now. Sunday saw the most dramatic state intervention since the 2008 global financial crisis, with UBS buying Credit Suisse for 3 billion francs ($3.2 billion) in a takeover backstopped by unlimited funding pledges from the world's top central banks. The speedy orchestration of Credit Suisse's takeover was received by investors as an acceptable measure to stem contagion, but fears that other struggling banks might teeter next kept markets on edge.
Westminster leader Stephen Flynn has urged Chancellor Jeremy Hunt to U-turn on the decision to scrap the £400 energy rebate.
Economist and best-selling author Ha-Joon Chang says that students at Soas University of London are encouraged to look at the failures of capitalism