Restaurants hit out at delivery platform fees during lockdown May 13, 2020 Restaurant industry experts have hit out at takeaway delivery companies during the coronavirus outbreak, saying Deliveroo, Just Eat and Uber Eats make more than £1bn a year in fees through UK restaurants. A study found that three in five consumers have tried to support their favourite local restaurant during the lockdown by ordering through an [...]
Industry reacts as Boris Johnson lays out ‘New Deal’ recovery plan June 30, 2020 Boris Johnson has today laid out his vision for rebuilding the UK after the coronavirus pandemic, pledging to “build build build” to get Britain back on its feet. Citing US president Franklin D Roosevelt’s “New Deal” as a model for the plan, the prime minister unveiled £5bn in infrastructure investment and promised to “scythe through [...]
Exclusive: Brits think lockdown measures will hinder economic recovery May 14, 2020 Britons think the UK economy will be unable to recover quickly if the coronavirus lockdown measures continue, according to an exclusive poll for City A.M. The poll, conducted by Redfield and Wilton Strategies, found that 56 per cent of Britons believe that if the lockdown measures continue, the UK economy will reach a point at [...]
Sadiq Khan slams Johnson’s New Deal for ‘failing to grasp’ scale of economic crisis June 30, 2020 Mayor of London Sadiq Khan has slammed Boris Johnson’s pledge to pump £5bn into British infrastructure, saying the government has “fundamentally failed to grasp” the scale of the economic challenges facing the UK. In a major speech this morning, the Prime Minister set out government plans to inject billions into a new infrastructure project to [...]
Budget 2020: Beer duty increase scrapped March 11, 2020 Chancellor Rishi Sunak announced today that he will scrap the planned beer duty increase in a move to protect pubs. He also announced that duty will be frozen on wine and cider, and said that the business rates discount for pubs will increase from £1,000 to £5,000. Sunak said: “I’m also pleased to announced that [...]
Ousting Sajid Javid could limit Boris Johnson’s options February 18, 2020 Any time a Prime Minister reshuffles his or her cabinet, there are bound to be disappointed ministers — or ex-ministers — turfed out from a job they enjoy in a system that can sometimes prize loyalty over ability. But last week’s surprise resignation of Sajid Javid, the UK’s short-lived chancellor, could actually limit Boris Johnson’s [...]
Budget 2021: What to expect from Rishi Sunak’s three-point plan tomorrow afternoon March 2, 2021 Rishi Sunak has hinted that he will extend a wide range of government support schemes in tomorrow’s Budget, as he again pledged to do “whatever it takes” to restore the British economy from the impact of the coronavirus crisis. It may be only Sunak’s second Budget as chancellor, but it comes after delivering almost a [...]
When will the UK economy recover from coronavirus? May 15, 2020 The UK economy is set for its worst contraction since at least the Great Depression this year as the coronavirus lockdown brings activity to a halt. There’s little doubt about that. There is doubt about what comes next, however. Economists have made huge numbers of predictions, using an array of letters to describe the recovery. [...]
Rishi Sunak Summer Statement: All the Chancellor’s spending pledges July 8, 2020 Chancellor Rishi Sunak today announced a raft of measures in his Summer Statement in a bid to help the UK economy recover from the worst effects of coronavirus. The Treasury boss revealed massive public spending to bolster the UK economy in what people are calling his mini-Budget. While he did not extend the government’s furlough [...]
UK coronavirus: Brighton GP practice closes after positive test February 10, 2020 A GP practice in Brighton has closed after a member of staff tested positive for coronavirus, it is reported. The County Oak medical centre in Brighton closed this afternoon, urging patients to contact the NHS 111 phone service with any health concerns. It came as the government upgraded coronavirus to a “serious and imminent” threat [...]