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‘My wife’s been lobbying me about opening the beauty industry’: Rishi Sunak apologises for the delay in getting salons back up and running following the first lockdown after the government was accused of misogyny Rishi Sunak revealed his wife has been ‘lobbying’ him about the beauty industry Chancellor of the Exchequer reflected on reopening salons … Read more
Chancellor Rishi Sunak has hinted that the successful Eat Out To Help out scheme could make a return in the New Year to ‘get consumers spending again’ after England’s second lockdown ends. Mr Sunak said this morning there would be further measures to get people ‘out and about’ in the hope of boosting the nation’s … Read more
End of duty-free ‘will cost billions’: Luxury goods firms including Gucci and Tiffany warn that ending VAT refunds will hit UK economy hard Rishi Sunak is ending VAT refunds for international visitors to British shops It is estimated the move could cost the economy up to £3.5billion 11 leading luxury firms have written to Chancellor … Read more
A Welsh farmer torched hundreds of ‘worthless’ sheep fleeces in protest at rock-bottom wool prices after the pandemic saw the market for the natural material sink to ‘diabolical’ lows. He piled up 800 fleeces from newly-shorn sheep and turned them into a funeral pyre saying it was cheaper to destroy them by fire than to go to … Read more
The economic fallout during the coronavirus pandemic has made the prospect of World War Three ‘a risk’, the UK’s most senior military commander has said. General Sir Nick Carter, the Chief of the Defence Staff, said Britain and the rest of the world would need to ‘learn’ from history and the international missteps that led … Read more
The economic fallout during the coronavirus pandemic has made the prospect of World War Three ‘a risk’, the UK’s most senior military commander has said. General Sir Nick Carter, the Chief of the Defence Staff, said Britain and the rest of the world would need to ‘learn’ from history and the international missteps that led … Read more
WH Smith is set to report pre tax loss of up to £75million as Covid pandemic hit sales at its travel stores after announcing 1,500 jobs could be axed WH Smith previously revealed up to 1,500 jobs were on the line amid Covid Analysts at Investec said they expect it to deliver a £73 million … Read more
High street chains Edinburgh Woollen Mill and Ponden Home have collapsed into administration with 866 jobs axed and hundreds more under threat. A total of 64 stores – 56 Edinburgh Woollen Mill and eight Ponden Home – will stay permanently closed. The remaining 328 EWM and 65 Ponden Home stores will continue to trade, Covid-19 … Read more
High street chains Edinburgh Woollen Mill and Ponden Home have collapsed into administration with 866 jobs axed and hundreds more under threat. A total of 64 stores – 56 Edinburgh Woollen Mill and eight Ponden Home – will stay permanently closed. The remaining 328 EWM and 65 Ponden Home stores will continue to trade, Covid-19 … Read more
Rishi Sunak extended the furlough scheme until March today amid renewed lockdowns and demands from Nicola Sturgeon. In another dramatic policy shift, the Chancellor admitted in a statement to the Commons that the recovery had ‘slowed’ and businesses now faced heightened ‘uncertainty’. The move will raise fears that the country is in for a longer … Read more