The Guardian says Rishi Sunak is poised to usher in cuts worth £2bn for government departments tasked with meeting the Tories’ flagship “levelling up” agenda.
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It is believed that Black Friday sales will see a boost this year as worried shoppers are expected to stock up.
The Guardian says Rishi Sunak is to save billions of pounds by counting as aid financial assistance to poor countries.
The Guardian says staff at the online fashion store Asos will be allowed to work flexibly, as well as take time off at short notice, while going through the menopause.
From the Financial Times today – The Prime Minister Boris Johnson insists there will be no return to the ‘old’ model of ‘uncontrolled migration’ and…
The Metro says former President Donald Trump has fallen off Forbes’ 400 richest Americans list for the first time in 25 years, in part due to the coronavirus pandemic.
TRT World says a California verdict ordering Tesla to pay a Black former employee $137 million in damages for turning a blind eye to racism the man encountered.
The Guardian says Chancellor Rishi Sunak will announce a £500m extension to his “plan for jobs” on Monday as the government tries to avoid a surge in unemployment.
The Independent says JD Wetherspoons has recorded its biggest loss on record as the business suffered heavily from the Covid-19 restrictions
Daily Mirror says Virgin Money has announced it will close 31 high street branches across the country, at a loss of around 112 jobs.
BBC says the UK’s furlough scheme closes on Thursday, but some badly-hit sectors are saying support should continue.
The Daily Mirror says Wetherspoons will cut the price of booze and food by 7.5% – but only for today.
US markets today – have tumbled like the 2008 crash, amid growing concerns about China’s financial system and the impact of coronavirus on the global economy.
The i says JPMorgan is to launch a digital retail bank in the UK next week, under its Chase brand.
The Guardian says UK inflation made its biggest jump on record in August amid a rise in food and drink prices.
The Metro says job vacancies in the UK have hit a record high as worker numbers soar to slightly above pre-pandemic levels.
The economy grew by just 0.1% in July as the last Covid restrictions were lifted in England. It marked the UK economy’s sixth consecutive month of growth.
The i says the price of bitcoin steadied on Wednesday after steep falls on Tuesday wiped billions of dollars off the value of cryptocurrencies.
The Guardian says Amazon’s key UK business paid just £3.8m more corporation tax last year than in 2019, even as sales increased by £1.89bn.
The Guardian says private rents outside London are rising at their fastest rate for 13 years, research suggests
El Salvador has become the first country in the world to accept bitcoin as legal tender. This is huge news for the Cryptocurrency market and has rallied the market.
USA Today says shoppers wanting to take advantage of Labor Day sales are in luck.
The Metro says nearly 50 chain stores per day closed their doors for good in the first half of the year, a study finds.
Food and drink exports from the UK have plummeted due to a sharp drop in trade with the EU after Brexit, according to fresh research published today. Data from the Food and Drink Federation (FDF) shows overall UK exports of food and drink slid £2bn in the first half of this year.
JD Sports has said it is “perplexed and disappointed” by concerns over its planned takeover of sports goods rival Footasylum.