Another 1,300 pub sector job cuts were announced today as Mitchells & Butlers became the latest operator to respond to the coronavirus crisis.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Five more years of austerity ahead, warns Resolution Foundation think tank
Britons are facing five more years of squeezed living standards owing to higher unemployment and weaker pay growth caused by the coronavirus crisis.
Britain will ‘spend its way out of crisis’ with lockdown savings
Britain’s coronavirus recovery could be better than expected as households spend their pent-up savings having a good time like in “the Roaring Twenties”, experts have said.
Co-op robot grocery delivery service expands to Northampton
Customers in a second town have begun to receive grocery deliveries from robots.
Millions face cut in value of workplace pensions
Millions of retirees will see the future value of their pension cut owing to a planned change in the way payments are calculated from 2030.
Closed Christmas shop wins council reprieve
A Christmas shop that was ordered to close due to lockdown restrictions has been allowed to reopen.
‘Eat out to help out’: venues claimed more than £849m through scheme
Restaurants, cafes and pubs claimed more than £849m through the government’s month-long “eat out to help out” scheme, as diners bought more than 160m discounted meals in August.
Netflix to spend $1bn in UK in 2020 on TV shows and films
Netflix will boost its spend on making TV shows in the UK to $1bn (£750m) this year as the streaming giant maintains the breakneck pace of its production pipeline despite the coronavirus pandemic.
Chancellor warns of ‘lasting’ damage to UK economy as he announces emergency spending review
Rishi Sunak says the spending review comes as the coronavirus health emergency is not over and the economic emergency has only just begun.
Economics of streaming are ‘threatening future of music’, says Elbow’s Guy Garvey
The three major music labels are operating “like a cartel” in the streaming era and the current system is threatening the future of music in the UK, according to evidence given on the first day of an inquiry into the impact of streaming on the music industry.
Debenhams may close up to 60 stores, putting thousands of jobs at risk
Up to 60 Debenhams shops could close next year, putting thousands of jobs at risk, as part of a rescue deal for the beleaguered department store group.
Bank notes pose ‘low risk’ of spreading Covid-19
Handling bank notes poses only a low risk of spreading Covid-19, the Bank of England has said, after it commissioned research to find out how long the virus lasts on cash.
Rishi Sunak targets Covid-19 jobless with £4.3bn support package
Rishi Sunak is to acknowledge that the coronavirus pandemic will lead to a steep rise in long-term unemployment today when he announces a £4.3 billion package to help the jobless.
Eco pet product start-up Project Blu secures multi-million-pound deal with US venture capital firm Metamorphosis
Eco pet product start-up Project Blu has secured a multi-million-pound deal with San Diego-based Metamorphosis, a venture capital firm dedicated to the incubation and acceleration of businesses in the pet industry.
Northern England facing economic crisis ‘worse than the 1980s’
The north of England faces a return to 1980’s-style prolonged economic decline, the Labour mayor of Greater Manchester Andy Burnham has warned.