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Should there be a tax on working from home?
Working from home has allowed millions of people to continue working during the Covid-19 pandemic. But not every job can be done remotely, and a new report argues that home-working…
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Coronavirus: redundancies reach record high
UK employers made a record 314,000 redundancies in the three months to September, according to new figures from the Office for National Statistics (ONS). The unemployment rate rose to 4.8%…
‘Real living wage’ for UK workers rises to £9.50 an hour
More than 250,000 people who work for an employer accredited with the Living Wage Foundation are set to get a pay rise. Almost 7,000 employers across the UK have pledged…
Small retailers ‘more resilient’ than big chains during pandemic
Independent retail and leisure businesses in Britain have shown greater resilience in the Covid-19 pandemic than chain stores, according to new data. Retail data consultancy the Local Data Company found…
Lockdowns wipe out £2bn of sales at Primark
Covid-19 lockdowns have cost Primark £2bn in lost sales, according to its parent company, Associated British Foods. The discount fashion retailer does not sell products online, which meant that it…
Borrowers allowed payment deferral ahead of new lockdown
With a four-week lockdown set to come into force in England on Thursday, the financial regulator has said that lenders should give customers longer to pay back what they owe…
What Every Beginner Should Know About the Stock Market
The stock market is becoming more popular today, as more people are beginning to see how beneficial it can be to invest in it. It is a complex system where…
How will home working affect the UK economy?
UK businesses could suffer from a lack of creativity due to colleagues not being able to interact in the workplace during the Covid-19 crisis, the Bank of England's chief economist…
What is the main source of income for Spain?
Spain’s economy in 2020 ranks 57th in the world in terms of economic freedom and 25th in the world in terms of business environment, and is considered a very easy…
HSBC considers charging for current accounts
HSBC has warned that it could start charging for "basic banking services" in some countries after reporting a 35% drop in quarterly profit. With its earnings hit by very low…
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