Daily Mail Business Articles

The government has been lambasted for merging the Department for International Development into the Foreign Office and for a lack of attention to global co-operation in the pandemic.

The Kickstart scheme, designed to prevent huge numbers of young people from becoming stuck in an unemployment rut, is part of a plan which will see another £30bn ploughed into the economy.

Shops will not receive the VAT cut, from 20 per cent to 5 per cent, handed to restaurants, travel and leisure despite lobbying. Customers are staying away due to virus fears and social distancing.

The initiative, designed to prevent huge numbers of young people from becoming stuck in an unemployment rut, is part of a plan for jobs which will see £30bn ploughed into the economy.

Chancellor of the Exchequer Rishi Sunak has delivered a special summer economic statement to MPs as he seeks to get the economy back on track.

First Group said Government-driven lockdowns had triggered a ‘very substantial’ fall in passenger numbers, adding that ‘material uncertainties’ remained.

Bohoo founder Mahmud Kamani (pictured) has seen £1.6bn wiped off the value of the company, he and co-founder Carol Kane set up in 2006. Together the pair hold an 18.6 per cent stake.

Those who doubted Andrew Bailey was the right person to be Governor of the Bank of England cannot but have been impressed by his smart response to the Covid-19 emergency.

Bailey was due to the address the 1922 Committee today hours after Chancellor Rishi Sunak lays out the Government’s plans to repair the economy.

After four consecutive months of falls were reported by mortgage lender Halifax, Rishi Sunak (pictured) is today expected to announce measures to get things moving again.