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Businesses in England prepare to shut down for a month
Businesses in England, which have already been struggling to keep going, now face the prospect of shutting their doors altogether for a month at least. We have spent the day in Brighton, where shoppers, drinkers and fitness fanatics have been saying goodbye with a bang.
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6m
Ocado chairman says ‘strong leadership’ is needed to tackle economic impact of lockdown
Lord Stuart Rose is chairman of Ocado and formerly executive chairman of Marks and Spencer.
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3m
Second England lockdown ‘incredibly painful’ for businesses
The second lockdown will be “incredibly painful” for British business, the head of the CBI has told this programme.
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5m
Why fishing has become a sticking point in UK/EU trade talks
One of the main sticking points in the post-Brexit trade talks is fishing rights and what access European boats should have to British waters.
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6m
Illegal drugs trade hit by Covid travel restrictions
Major travel restrictions in place across the world have had a huge impact on this illegal industry and its traditional smuggling routes.
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5m
IMF forecasts little improvement in UK growth
As unemployment rises in the UK, the IMF is warning about the hit to living standards worldwide.
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3m
UK unemployment hits three-year high
The fine balance between health and the economy is the key issue at the heart of government at this time.
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2m
Critics of UK government’s post-Brexit farming plan fear food safety could be affected
Its supporters claim it will protect the UK’s farming industry after Britain leaves the European Union at the end of this year. But critics of the Agriculture Bill, which went back before Parliament today, say it could end up compromising food safety and animal welfare after Brexit unless key standards are enshrined in UK law.
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4m
Chancellor had to announce Covid jobs support package – former minister Lord Jim O’Neill
We were joined by Lord Jim O’Neill, the former chief economist at Goldman Sachs and member of David Cameron’s government.
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5m
UK workers to receive two-thirds of wages if firms forced to close
Two thirds of people’s salaries will be paid and businesses will be able to get cash grants.
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3m
US lawmakers threaten to break up Big Tech firms
Modern-day oil barons with a stranglehold on online commerce; Google, Apple, Amazon and Facebook have all been heavily criticised by a US congressional committee.
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3m
The businesses that feel left behind by Sunak’s jobs support scheme
A day after the Chancellor unveiled his latest Job Support Scheme, the economic cost of the coronavirus crisis was laid bare again as government debt hit a record high of more than two trillion pounds.
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3m
Businesses ‘breathing a sigh of relief’ over new job support scheme, says CBI economist
We were joined by Rain Newton-Smith who is Chief Economist at the Confederation of British Industry.
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3m
Shadow Chancellor says new jobs scheme may not do enough to prevent layoffs
We spoke to Labour’s Anneliese Dodds, the Shadow Chancellor,
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2m
Will jobs scheme prevent mass unemployment?
The Chancellor says his new plan will help to save jobs. But will it really stave off mass unemployment?