COVID-19 resetting our approach to economy

The twin crises of the pandemic and the major change in climate change provide us an opportunity to transform our thinking and approach to things. Like the Depression and the Second World War, the pandemic will let us evaluate a lot of public policies. One definite result will be the leftward shift on the government … Read more COVID-19 resetting our approach to economy

Coronavirus Energy Bailout

New rules from energy regulator Ofgem mean that vulnerable customers struggling to pay their energy bills this winter will be receiving help. To be enforced from the 15th of December, the new rules mean that suppliers will be required to provide struggling customers with emergency credit. This means that customers who are unable to top … Read more Coronavirus Energy Bailout

Domino’s Pizza Announce 5,000 New Jobs

As part of the government’s nascent Kickstart scheme, Domino’s Pizza has announced the creation of 1,000 new placements and 5,000 new jobs. The 5,000 newly created jobs will include a number of roles, such as pizza chefs, delivery drivers and customer service staff. News of the additional 5,000 jobs follows Domino’s Pizza’s creation of 6,000 … Read more Domino’s Pizza Announce 5,000 New Jobs

Pizza Hut Restaurant Closures

In an effort to prevent future job losses, Pizza Hut has announced it will be shutting down twenty-nine stores nationwide. With the closures, there is potential for there to be four hundred and fifty job losses, as the impact of the coronavirus pandemic claims more victims. Despite recent offers and moves to increase revenue during … Read more Pizza Hut Restaurant Closures

Action Fraud: How to spot HMRC Scam

Luring victims by tricking them into believing they are owed hundreds of pounds in tax refunds, a new HMRC scam has been identified by the charity Action Fraud. Action Fraud have revealed that the scammers are seeking to exploit vulnerable people by offering financial help following the Covid-19 pandemic. Posing as HMRC officials, fraudsters are … Read more Action Fraud: How to spot HMRC Scam

UK Finance: Home movers hit hardest by lockdown

UK Finance’s Household Finance Review for Q2 2020 shows the extent to which house purchase lending plummeted over the quarter as the housing market was halted due to lockdown, with home-mover activity hit severely. The lockdown across the country had brought the economy to its knees as the country’s workforce had been pressured to work … Read more UK Finance: Home movers hit hardest by lockdown

Companies making redundancies in the UK

COVID-19’s impact Companies across all sectors have been struggling this year as COVID-19 has struck the world’s economy. Businesses everywhere have had it tough but the retail and aviation sectors are the ones being hit the hardest. With social distancing measures and the lockdown limiting the amount of productivity in the workforce, production and service … Read more Companies making redundancies in the UK

Stock Market crash: Why to invest in UK shares now

At the start of the week, the FTSE 100 index was falling quite considerably. Thankfully, it recovered after a few days and as a result it went up 5.2% from May. If the trend continues, this will be the second straight month of index gains, making it one of the best times to invest in … Read more Stock Market crash: Why to invest in UK shares now

Sustainable Investing Set to Increase in Wake of Coronavirus Pandemic

The coronavirus pandemic has changed the way we live in every way, including the way people are investing their money. Some stocks, such as Netflix or Zoom Video, have benefitted tremendously from people staying at home the past few months during pandemic lockdowns. On the other hand, stocks like retailers or airline companies saw their … Read more Sustainable Investing Set to Increase in Wake of Coronavirus Pandemic