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Government has ‘reasonable amount of headroom’ to borrow more money – Tory MP Mel Stride
We speak to Conservative MP Mel Stride who is the chairman of the Treasury Select Committee
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5m
Oil prices fall to levels not seen in two decades
Prices across the oil market falling to levels not seen in two decades.
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4m
More than 140,000 firms apply for furlough cash from government
Within the first half-hour of launch, there were 67,000 claims – as the government’s scheme to support businesses during the coronavirus crisis opened for applications.
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Coronavirus: what could the long-term economic impact be for you?
Beyond the short term economic crisis, it looks likely that women, younger workers and the low-paid will be most damaged by the shutting down of large parts of the economy.
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3m
Farmers fear crops could be left to rot without seasonal workers to pick them
We have all seen the empty supermarket shelves and the promises that the UK’s food supply chain will be able to cope.
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‘Where people choose to work, of course they need to do that in a way that keeps them safe and those that they work around safe as well’ – Business Secretary Alok Sharma
Before news of the Prime Minister’s diagnosis broke, Krishnan Guru-Murthy spoke to the Business Secretary Alok Sharma
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No 10 says it is doing everything to secure new ventilators for NHS
Downing Street has insisted the Government is doing everything it can to secure new ventilators for the NHS ‘in the coming weeks’
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Vacuum cleaner makers Dyson to build ventilators for the NHS
They may be better known for making vacuum cleaners, but James Dyson’s company is now being asked to make ventilators for the NHS.
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3m
Performers fear for their livelihoods during coronavirus shutdown
Theatres are dark. Concert venues shuttered. Parades and festivals cancelled.
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7m
UK government says construction sites can remain open
There’s confusion on building sites across the country. The Scottish government has ordered all but critical construction work to stop, to fight the spread of coronavirus.
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“This was a globally leading intervention”, CBI’s Josh Hardie’s says this is a strong start to help business
We’re joined by Michael Smith – who leads an organisation of over five hundred independently owned pubs, restaurants and shops in South London – and Josh Hardie, the Deputy Director General of the Confederation of British Industry.
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Bank of England interest rates cut to record low – will it be enough to save businesses?
The Bank of England has cut interest rates to their lowest ever and is pumping more money into the economy to try to stop the panic on the financial markets. But will that be enough to save businesses?
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3m
Companies already hit by social distancing guidance
The impact of the coronavirus social distancing measures are already hitting firms hard – from pubs and restaurants to travel and entertainment.
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‘I feel incredibly optimistic and hopeful… we will actually think about how we help each other’ – Dame Louise Casey
I’m now joined by Dame Louise Casey, who advises the government on homelessness, General Secretary of the TUC, Frances O’Grady, and businesswoman Dame Carolyn Fairbairn.
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Major airlines cancel flights and lay off thousands of staff
There has been another day of markets plunging across the globe as central banks battle to deal with the fallout from the pandemic.