Saturday 28 November, 2020
Edition: English (UK)
Times Publications
Category Archives: UK TRADE AND BUISNESS

The British government launched a website on Tuesday warning digital and technology firms of the ethical, legal and commercial risks of expanding into China and accepting Chinese investment.  Britain published this month a bill giving ministers...

Workers across the United Kingdom will benefit from increased support with a five-month extension of the furlough scheme into Spring 2021, the Chancellor announced the first day of the country’s second lockdown.  Chancellor Rishi Sunak...

Sainsbury’s is to cut 3,500 jobs with the closure of 420 Argos outlets and all its meat, fish, and deli counters. The 420 standalone Argos stores will close by March 2024, although Sainsbury’s said it would open 150 Argos outlets...

Prime Minister Boris Johnson is set to announce a second national lockdown for England as the UK passed one million Covid-19 cases. From BBC News latest  Non-essential shops and hospitality will have to close for a month, sources told the...

Job losses at fastest rate on record as economic recovery from first lockdown loses steam The government will close the furlough scheme this weekend, with redundancies rising at the fastest rate on record and the second wave of Covid-19 pushing...

According to Guardians report that fresh action will be needed to support Britain’s economy as it emerges from a temporary sweet spot caused by massive government financial support and the lifting of lockdown restrictions, a Bank of England...

One of London’s biggest commercial landlords is to subsidise discounted meals beyond the Treasury’s ‘Eat Out to Help Out’ scheme in a bid to avoid a renewed slump in footfall. By Sky News  The Grosvenor Estate, which...

British retailers have cut the most jobs since the depths of the financial crisis and expect the pace of losses to accelerate, the Confederation of British Industry said, adding to warning signs of an expected sharp rise in unemployment. Tuesday’s...

Retail giant Marks & Spencer has said it plans to cut around 7000 jobs over the next three months across stores, regional management and its support centre. It plans to reduce the number of roles at the retail chain’s central support centre,...

The economic relationship between the UK and China has grown significantly over the past two decades. From BBC Business News In 1999, China was the UK’s 26th biggest export market. It now sits in sixth place. Trade between the two countries...