Government borrowing surged to £62bn in April, the highest monthly figure on record, after heavy spending…
Category: News
Jaguar Land Rover in talks over government loan
Jaguar Land Rover (JLR) is in talks with the government to secure a loan of more…
China scraps annual economic growth target for first time
China will not set an economic growth goal for this year as it deals with the…
Amazon trials online food delivery in India
Internet giant Amazon is entering the meal delivery business with a trial in four parts of…
Rolls-Royce to cut 9,000 jobs amid virus crisis
Rolls-Royce has said it will cut 9,000 jobs and warned it will take “several years” for…
EasyJet to resume flights in June
EasyJet has said it will resume some flights on 15 June, with all passengers and cabin…
Thai Airways saved from the brink by government
Loss-making Thai Airways has been allowed to restructure its debts to keep its planes in the…
Facebook Shops: Online stores open on Facebook and Instagram
Nearly a million businesses in the UK and around the world can now set up a…
Elon Musk: Tesla raises cost of ‘self-driving’ cars
Tesla is raising the price of its “self-driving” option on its electric vehicles worldwide starting with…
Uber announces drastic cuts to secure its future
Uber has announced a drastic action plan to scale back its business as its losses balloon…
JC Penney: US department store files for bankruptcy
American department store JC Penney has filed for bankruptcy becoming the latest company to be hit…
Japan’s economy falls into recession as virus takes its toll
Japan has fallen into recession as the financial toll of the coronavirus continues to escalate. Read…