Business News

UK enters recession

News | Published August 12th 2020

UK enters recession

The largest economic contraction on record between April and June this year has officially seen the UK enter recession, after the economy shrank 20.4 per cent compared with the first quarter of the year.

Eat Out to Help Out sees 10.5 million discounted meals purchased in its opening week

News | Published August 12th 2020

Eat Out to Help Out sees 10.5 million discounted meals purchased in its opening week

The first week of the “Eat Out to Help Out” scheme saw 10.5 million discounted meals claimed, according to the Treasury.

ONS: April to June brings largest quarterly employment decline in over ten years

News | Published August 11th 2020

ONS: April to June brings largest quarterly employment decline in over ten years

Figures from the Office for National Statistics indicate that employment fell by 220,000 between April and June 2020, the largest quarterly decline since May to July 2009 during the financial crisis.

Bars, pubs, cafes and restaurants in Wales will reopen tomorrow

News | Published August 2nd 2020

Bars, pubs, cafes and restaurants in Wales will reopen tomorrow

Bars, pubs, cafes, and restaurants in Wales will be allowed to fully reopen their doors from tomorrow.

Mixed response to Spain’s removal from quarantine-free list

News | Published July 27th 2020

Mixed response to Spain’s removal from quarantine-free list

Health minister Helen Whately has said the government made the “right” choice and acted “rapidly and decisively” by removing Spain from the UK’s quarantine free list over the weekend, despite criticism from the travel industry and Labour.

Hospitality, retail industries and opposition MPs claim mixed messages on face covering rules

News | Published July 24th 2020

Hospitality, retail industries and opposition MPs claim mixed messages on face covering rules

Trade bodies and opposition MPs have said that the government has given out mixed messages over the circumstances in which face coverings must be worn, prior to new rules being implemented on Friday.

NHS to receive £3 billion funding boost in case of second Covid-19 wave

News | Published July 18th 2020

NHS to receive £3 billion funding boost in case of second Covid-19 wave

Prime minister Boris Johnson has said that the NHS in England will receive an additional £3 billion in funding to help prepare for the possibility of a second wave of Covid-19 cases in winter, which will help ease the pressures of the colder season on the health service.

Pubs, cafes and restaurants in Wales to reopen in August

News | Published July 11th 2020

Pubs, cafes and restaurants in Wales to reopen in August

Welsh first minister Mark Drakeford announced on Friday his administration’s latest easing of Covid-19 lockdown restrictions, which will see bars, pubs, cafes, and restaurants allowed to fully reopen their doors from August 3.