Business

FTSE 100 LIVE: Britain in first recession since devastating 2008 crash – FTSE opens flat

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August 12, 2020

THE UK will be officially declared in recession for the first time since the financial crisis today when new figures show the coronavirus pandemic sent the economy plunging by a record 21 per cent between April and June. Daily Express :: City and Business Feed

Elon Musk’s Tesla makes major slash to share prices in bid to become ‘more accessible’

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August 12, 2020

ELON Musk’s electric car firm Tesla has announced it will slash the price of its shares to make them easier to buy. Daily Express :: City and Business Feed

FTSE 100 LIVE: Global stocks rally as optimism grows over new pandemic stimulus

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August 11, 2020

GLOBAL stocks rallied on Tuesday morning as Asia-Pacific investors appeared to grow optimistic about a new economic plan from the US to tackle the damage caused by the coronavirus pandemic. Daily Express :: City and Business Feed

Economy latest: 1,800 firms revealed plans to make redundancies in June

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August 10, 2020

NEARLY 1,800 UK companies told the Government of plans to cut 20 or more jobs in June as the coronavirus wreaked havoc on the country’s economy, figures suggest. Royal Mail, Centrica and The Restaurant Group – which owns Frankie and Benny’s – were among those announcing four-digit job losses. Daily Express :: City and Business Feed

‘Catastrophic’ Britain at ‘bottom of the charts in Europe’ for people going back to work

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August 10, 2020

CORONAVIRUS continues to force people inside their homes and Britons’ fear of being infected is pushing the UK to the bottom of charts in Europe for people going back to work. Daily Express :: City and Business Feed

FTSE 100 LIVE: World stocks plummet over fresh tensions between China and US

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August 10, 2020

STOCKS slipped this morning amid fresh tensions between China and the US over Donald Trump’s crackdown on social media apps. Daily Express :: City and Business Feed

Scotland economy warning: Recovery could be ‘derailed’ by further local COVID lockdowns

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August 10, 2020

SCOTLAND’s economy could be hampered by local lockdowns despite showing signs of reaching “stabilisation”. Daily Express :: City and Business Feed

Hurricane Commerce’s smart tech revs up cross-border sales

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August 9, 2020

HURRICANE Commerce, the technology developer ensuring the advantages of cross-border trade and its red tape minefield make businesses not break them, is scaling up its solutions as e-commerce sales explode. Daily Express :: City and Business Feed

Wetherspoon becomes latest high street name to cut jobs as 130 go at head office

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August 7, 2020

JD Wetherspoon has written to its head office staff to say that nearly a third of them risk losing their jobs amid a round of cuts at the pub chain. The company said that 110 to 130 of the 417 roles in its head office could be made redundant as it scales back its expansion. Daily Express :: City and Business Feed

‘Power up the economy!’ Boris urges for ‘confidence’ to return as Britain looks to build

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August 7, 2020

BORIS Johnson yesterday urged the public to have the confidence to get back to work to help fire up the economy. Daily Express :: City and Business Feed