Business

Thousands of small businesses ruled out for Covid-19 help send SOS to Chancellor

Thousands of small businesses ruled out for Covid-19 help send SOS to Chancellor Usually the owners of small limited companies supplying key services communities from repairs to construction and accountancy, they take their income entirely legally from a mix of a salary and dividends. But Express Enterprise and the Crusader section have been contacted by dozens in the past week, all ...

Read More »

Debenhams ‘set to put administrators on standby to protect business’ in coronavirus crisis

Debenhams ‘set to put administrators on standby to protect business’ in coronavirus crisis Debenhams chief executive, Stefaan Vansteenkiste, said: “We are working hard to implement the transformation of Debenhams. “Despite a challenging retail environment, thanks to our colleagues’ hard work and our investor group’s commitment we are progressing with our turnaround.” Last Monday, Prime Minister Boris Johnson announced stringent measures ...

Read More »

UK banks: Are banks profiting from coronavirus crisis?

UK banks: Are banks profiting from coronavirus crisis? Research from a network of accountants in the UK has suggested that up to a fifth of UK businesses will not survive the next four weeks unless viable help becomes available to them. Banks have said they are following the rules set by the Government. The current rules mean firms can only ...

Read More »

Morrisons cleared over staff salaries leak, court rules

Morrisons cleared over staff salaries leak, court rules The supermarket had challenged previous court judgments giving thousands of employees the go-ahead for compensation claims. The Supreme Court ruled yesterday that Morrisons was not “vicariously liable” for the actions of Andrew Skelton, who disclosed the information. The court’s president Lord Reed said Skelton leaked the data because of a “grudge” after he ...

Read More »

Government coronavirus spending: Where is all the money coming from?

Government coronavirus spending: Where is all the money coming from? Where is the money coming from? Government spending can be financed either by borrowing, or taxes. In this case, the Government has increased its borrowing to reduce any long-term scarring effects in the economy. Express.co.uk spoke to personal finance expert and channel director at moneyguru.com, Deborah Vickers, about where to ...

Read More »

Economic meltdown: UK economy to shrink by 15 percent this quarter– biggest dip since 1997

Economic meltdown: UK economy to shrink by 15 percent this quarter– biggest dip since 1997 The forecasts, by the Centre for Economics and Business Research (CEBR) follow remarks by Michael Gove indicating austerity measures are inevitable in order to cover the massive public spending deemed necessary in the face of the crisis. Research published by the Centre for Economics and ...

Read More »

Coronavirus: UK economy ‘hurtling towards recession’ – Worse than 2008 financial crash

Coronavirus: UK economy ‘hurtling towards recession’ – Worse than 2008 financial crash The UK economy is heading for a huge downturn as the country grapples with the fallout from the coronavirus pandemic. With unemployment soaring, most high street stores shut and public borrowing set to surge, economists have warned there is huge uncertainty over how quickly the economy will be ...

Read More »

Pound to euro exchange rate plummets dramatically – GBP ‘extremely vulnerable’

Pound to euro exchange rate plummets dramatically – GBP ‘extremely vulnerable’ The pound is currently trading at 1.0837 against the euro, according to Bloomberg at the time of writing. Michael Brown, currency expert at international payments and foreign exchange firm Caxton FX, spoke to Express.co.uk regarding the latest exchange rate figures this afternoon. “Sterling has now pared all of its ...

Read More »

Responsive WordPress Theme Freetheme wordpress magazine responsive freetheme wordpress news responsive freeWORDPRESS PLUGIN PREMIUM FREEDownload theme free