Oil prices knock UK inflation rate down to 1.7 per cent in February March 25, 2020 UK inflation slipped 0.1 per cent in February to 1.7 per cent, the Office for National Statistics (ONS) revealed today, as oil prices sank. Falling oil prices helped push the Consumer Prices Index (CPI) UK inflation rate down from 1.8 per cent in January, amid the ongoing coronavirus travel restrictions. Read more: Oil prices stage [...]
Government under pressure to suspend non-essential construction work March 25, 2020 The government is facing growing pressure to halt non-essential construction work as it tries to grapple with the coronavirus outbreak. In a Downing Street briefing on Tuesday, health secretary Matt Hancock said construction workers could and should continue to work so long as they are two metres apart. “The judgment we have made is that [...]
War with the Beeb is now harder to fight March 25, 2020 The coronavirus crisis bombards us with radical, sweeping change on a daily, if not hourly, basis. Economic rules are being redrawn, our social fabric is being tested and businesses are facing disruption on a scale unimaginable just weeks ago. Amid the tsunami of change, it’s worth pausing to consider the smaller ripples that may pass [...]
The Coronavirus Bill: Everything you need to know March 25, 2020 As Britain continues to ramp up its response to the coronavirus outbreak, MPs have voted through a bill that gives the government new powers to tackle the crisis. The Coronavirus Bill, expected to become law this week, has the potential to bring in sweeping changes to our daily lives in a bid to curb the [...]
Bring the actor’s craft to the boardroom March 25, 2020 The ability to think clearly under pressure and remain calm in stressful situations is a skill that many of us wish we could master. Business leaders are expected to give their best performance consistently, while leading in fast-paced environments with time pressures, and adapting their strategy to suit a continuously changing world. Such expectations and [...]
Three’s ‘real’ 5G ad banned after mobile rivals file complaint March 25, 2020 An advert promoting Three’s 5G network has been banned after two rival mobile operators said the campaign was misleading. EE owner BT and Vodafone filed complaints to the advertising watchdog about the newspaper and social media ads, which claimed Three was the only provider to offer “real” 5G. Under advertising rules, a brand must be [...]
Companies given longer to file Companies House accounts amid coronavirus turmoil March 25, 2020 Businesses are to be given an extra three months to file their accounts with Companies House to let them prioritise responding to the coronavirus pandemic, the government announced. Under the measures, which come into force today, any company that applies for an extension to file their results citing Covid-19 will automatically and immediately be granted [...]
Amazon and Ebay blasted over failure to crack down on virus profiteers March 25, 2020 Amazon and Ebay are failing to clamp down on coronavirus profiteers using their platforms to sell products at “ridiculous” prices, a new investigation has revealed. Third-party sellers have been accused of exploiting the pandemic to ramp up prices for products that are difficult or impossible to find in local shops. Household items including cleaning products, [...]
Covid-19 creates a perfect storm for debt crises March 24, 2020 The coronavirus epidemic means that the global economy will experience a severe shock this year. In addition to the human and social impact of the epidemic, output is stalling around the world. Quarantine measures, illness, and negative consumer and business sentiment suppress demand. At the same time, the closure of some factories and disruption to [...]
Game takes pre-lockdown hit as virus shuts down high street March 24, 2020 Game was among the last of the non-essential high street brands to shut down during the coronavirus crisis. As with other Fraser Group brands, the retailer didn’t close its doors to customers until the government announced that it would enforce a UK-wide lockdown — against existing official advice and amidst sharply declining purchase intention. YouGov [...]
