UK Chancellor warns of “economic emergency” with worst downturn for 300 years - BBC News

UK Chancellor warns of “economic emergency” with worst downturn for 300 years - BBC News
https://www.youtube.com/watch?v=rEAA5twFhyM


Funding the pandemic: Chancellor outlines aid cuts and pay freezes
video_youtube
Sky News
https://www.youtube.com/watch?v=oWSi6Rfz98w



UK private pensions ‘set to lose £96bn’ from switch from RPI inflation measure
Rishi Sunak’s move in spending review could result in pension holders receiving thousands of pounds less in income
https://www.theguardian.com/money/2020/nov/25/uk-private-pensions-rpi-inflation-rishi-sunak-spending-review

Coronavirus: At least 250,000 small firms face collapse without further government help, report warns
Record number of small firms faced going under even before third lockdown, Federation of Small Businesses says
https://www.independent.co.uk/news/business/news/coronavirus-small-businesses-lockdown-fsb-b1785098.html

UK economy shrank by 2.6% in November as services suffered
https://www.bbc.co.uk/news/business-55673183

Nearly 1,000,000 people have lost their jobs since the pandemic began View 20 comments Elisa MenendezTuesday 26 Jan 2021 7:22 am

Read more: https://metro.co.uk/2021/01/26/uk-redundancy-rate-hits-record-high-as-unemployment-rises-by-5-13964804/?ito=cbshare

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(GDP)
IMF downgrades forecast for UK economic recovery
Financial body says UK growth in 2021 will be lower than earlier forecasts, while global recovery will be stronger
https://www.theguardian.com/business/2021/jan/26/imf-downgrades-forecast-for-uk-economic-recovery

COVID-19: 'Record number of new businesses' predicted as UK comes out of coronavirus lockdown
Although many firms have had an exceptionally hard time, others have thrived, inspiring new entrepreneurs to launch start-ups.
https://news.sky.com/story/covid-19-record-number-of-new-businesses-predicted-as-uk-comes-out-of-coronavirus-lockdown-12236841

Great Britain's high streets lost more than 17,500 chain store outlets in 2020
Covid spurred average daily closure of 48 shops, restaurants and other leisure and hospitality venues
https://www.theguardian.com/business/2021/mar/14/great-britain-high-streets-lost-more-than-17500-chain-stores-in-2020-covid