As Brexit looms, Amazon is starting the process of separating UK and EU sales from 14 November and UK shoppers buying gifts from EU sites and British traders selling to Europe face potential increased costs and confusion. The international e-commerce giant Amazon has hastened its Brexit bail-out by confirming that traders will no longer be […]Read More
The Eat Out to Help Out scheme caused a “significant” rise in new coronavirus infections, a new study has suggested. According to the University of Warwick, the sharp increase in COVID-19 infection clusters emerged a week after the scheme began. The government’s initiative was designed to boost the economy after the national lockdown, and allowed […]Read More
The International Monetary Fund (IMF) has said continuing government support is “essential” for the struggling UK economy to recover. The UK can afford it, and support is needed to see it through the coronavirus pandemic and the Brexit transition, the IMF said. Coronavirus infections are climbing rapidly again in the UK and elsewhere. The IMF […]Read More
The UK’s largest mortgage lender, Lloyds Banking Group, has reported stronger-than-expected profits after cashing in on a surge in demand for home loans. The bank, which owns Halifax and accounts for roughly 19% of the UK mortgage market, said mortgage lending increased by £3.5bn over the three months to September as it processed the highest […]Read More
Amazon reported blowout third-quarter results on Thursday as a pandemic sales boost helped the company triple its profits amid a 37% increase in earnings. The company’s revenues of $96.15bn were better than analysts expected and its net income increased to $6.3bn in the third quarter, compared with net income of $2.1bn in third quarter 2019. […]Read More
We are about to experience unemployment at a level not seen for decades, created not by a faltering economy but as a result of government action in the battle against Covid-19. We can debate whether or not such steps are necessary. That is in the hands of the scientists and above my pay grade, but, […]Read More
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