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Brexit: Door ‘still ajar’ for EU trade talks, says Gove

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“As the Covid-19 pandemic is accelerating the digitalisation of consumer lifestyles and enterprise operations, this commitment to Sun Art serves to strengthen our new retail vision and serve more consumers with a fully integrated experience,” said Daniel Zhang, chairman and chief executive of Alibaba.

In February 2019, data scientist David Stier analysed profiles of almost 200,000 Instagram users across the world. He estimated that for over a year, at least 60 million users under the age of 18 were given the option to easily change their profiles into business accounts.

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This follows Ofgem cutting the price cap on default tariffs and prepayment meters, due to falling gas wholesale prices, which means cheaper energy bills for millions of people this winter.

The government has already announced extra supportfor firms affected by new measures to control the virus, including providing two thirds of workers’ wages where firms have been told to close. Firms will also receive grants of up to £3,000 per month.

Lisa Hooker, consumer markets leader at PwC, says amid the turmoil, there continues to be a steady flow of openings: “With the continued roll out of value retailers, the boom in takeaways and pizza delivery shops and demand for services that can still only be delivered locally, such as tradesmen outlets, building products or locksmiths, shows that despite the stark numbers there remains a future for physical stores.

Source: UK government – read more