A shopper wearing PPE (personal protective equipment), of a face mask or covering as a precautionary measure against COVID-19, walks in an empty Covent Garden in London on June 15, 2020 as some nonessential retailers reopen from their coronavirus shutdown. tolga akmen/Agence France-Presse/Getty Images U.K. retail sales logged a fourth …
Read More »Economic Report: U.K. employment picture worsens in August as payrolls fall, unemployment rate increases
Workers wear NHS Test and Trace branded Hi-Vis jackets as they work at a COVID-19 testing centre in Bolton, northern England on September 9, 2020, as local lockdown restrictions are put in place due to a spike in cases of the novel coronavirus in the city. oli scarff/Agence France-Presse/Getty Images …
Read More »Economic Report: U.K. GDP climbs 6.6% in July, as economy recovers slightly more than half of lost output
Shoppers walk by a discoloured patch of pavement in The Maltings shopping centre in Salisbury, southern England on September 4, 2020 . adrian dennis/Agence France-Presse/Getty Images The U.K. economy expanded by 6.6% in July, for its third consecutive monthly increase, according to data released Friday. The U.K. Office for National …
Read More »In One Chart: Hong Kong searches for U.K. jobs spike
Pro-democracy district council member Lui Man-kwong holds a sign on Sunday as he protests a decision to have mainland inspectors carry out COVID-19 testing in Hong Kong. Isaac Lawrence/Agence France-Presse/Getty Images There’s growing interest among Hong Kong residents in leaving for Britain, at least if job searches are any indication. …
Read More »Amazon expands its grocery service in head-to-head battle with U.K. supermarkets
Amazon is expanding its online grocery service in a major offensive aimed at winning more customers in the fiercely competitive U.K. grocery market. The technology giant, which releases its second-quarter earnings on Thursday, is to increase capacity into more homes and offer free delivery to Prime members from Tuesday, in …
Read More »Economic Report: U.K. debt-to-GDP reaches highest level since 1961
Britain’s Chancellor of the Exchequer Rishi Sunak talks with staff as he visits a Jobcentre Plus in Barking, east London on July 16, 2020. anthony upton/Agence France-Presse/Getty Images Britain has racked up debt as its economy has cratered, sending its debt-to-GDP ratio to the highest level since 1961, according to …
Read More »Economic Report: As many as 500,000 were furloughed without pay in the U.K. in May
A sign informing shoppers that the shop is temporarily closed is displayed outside a John Lewis store in Oxford Street, central London on July 2, 2020. (Photo by Ben STANSALL / AFP) (Photo by BEN STANSALL/AFP via Getty Images) ben stansall/Agence France-Presse/Getty Images Between 450,000 and 500,000 people were furloughed …
Read More »Walgreens to cut over 4,000 jobs at Boots on a dark day for U.K. jobs
[unable to retrieve full-text content] Boots, John Lewis, and the U.K. arm of Burger King all announced job cuts on Thursday as companies count the damage of lockdown measures. MarketWatch.com – Top Stories
Read More »U.K. airline easyJet to close three of its airport hubs as coronavirus wreaks further havoc
U.K.-based budget airline EZJ, +0.11% said on Tuesday it is considering shutting three of its airport hubs because of the steep drop in travel demand caused by coronavirus. The carrier said in a statement it could close bases at London Stansted, London Southend and Newcastle airports as part of wider …
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