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22 May 5:17pm Coronavirus: Leading economist warns of 10 years of depression and debt
BBC
Economist Nouriel Roubini - "Dr Doom" - has warned of a prolonged downturn and sluggish recovery.
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22 May 5:10pm Coronavirus: The shops refusing to pay their rent
BBC
As the next quarter's rent falls due, who should pay it while businesses are closed?
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British Land looks set for coronavirus hit with offices closed 22 May 5:06pm British Land looks set for coronavirus hit with offices closed
BBC
Its £11.7 billion portfolio is 55 per cent London offices, while 41 is retail properties. It is likely to face questions about what the future holds for offices.
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22 May 5:04pm Updated Specialist Leisure Group collapses into administration
BBC
More than 64,000 bookings have been cancelled due to the collapse of Specialist Leisure Group.
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22 May 2:28pm African solutions to the coronavirus crisis
BBC
African firms tell the BBC how they are solving problems caused by the coronavirus pandemic.
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22 May 1:50pm McLaren pledges luxury cars as collateral in bid to secure £250m
The Guardian
F1 firm’s revenues slump but government refuses emergency £150m loan When the government called for British industry to help build life-saving ventilators as the scale of the coronavirus crisis became clear, McLaren was one of the first to step forward. As part of the VentilatorChallengeUK consortium alongside Airbus and Rolls-Royce, by mid-April the Formula One firm was making components for the life-saving machines and building the trolleys used to transport them. This week it has emerged that the high-tech business is involved in a different sort of emergency – attempting to shore up its own finances – and is trying to pledge its collection of hugely valuable cars and its state-of-the-art Norman Foster-designed HQ in Woking, Surrey, as collateral to get the finance it needs.
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22 May 1:36pm UK holiday firm SLG collapses with 2,500 job losses
The Guardian
Thousands of tours, cruises, holidays and hotel breaks cancelled as coronavirus crisis pushes firm into administration The owner of coach holiday operator Shearings has collapsed into administration, with 2,460 immediate job losses and thousands of holiday cancellations. Specialist Leisure Group (SLG), which also owns brands including UKBreakaways.com, Wallace Arnold Travel, and hotel chains Bay Hotels, Coast & Country and Country Living, said all tours, cruises, holidays and hotel breaks
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22 May 1:27pm Argentina set for default as bondholders reject new terms
The Guardian
Talks to restructure ‘unsustainable’ debt held by overseas investors continue
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22 May 12:21pm ‘Exploitative conditions’: Germany to reform meat industry after spate of Covid-19 cases
The Guardian
Ban on use of subcontractors and fines of €30,000 for slaughterhouses breaching new labour regulations a ‘historic moment’, say campaigners
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22 May 12:16pm Donations to be quarantined as UK charity shops plan to reopen
The Guardian
Charities have been badly hit by lockdown, with some reporting millions of pounds a month lost as result of shops being shut
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22 May 11:49am UK government borrowing hits record high in April and retail sales slump - as it happened
The Guardian
UK public borrowing soars to £62bn in a single month and retail sales slump by 18%
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22 May 11:40am Top chefs turn their hand to takeaways during pandemic
The Guardian
Michelin-star chefs everywhere have started rethinking their menus and delivering food
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22 May 11:20am Updated UK government borrowing hits record high in April and retail sales slump - business live
The Guardian
UK public borrowing soars to £62bn in a single month and retail sales slump by 18%
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22 May 11:13am We must act now to shield young people from the economic scarring of Covid-19 | David Blanchflower and David Bell
The Guardian
Recessions blight young people’s prospects for decades, we need New Deal-type policies now to help them Youth unemployment and its scarring effects on the careers of young people were a major concern in the 2008-09 recession. Now that hopes for a “V-shaped recovery” from the Covid-19 pandemic are vanishing, the issue of scarring is again relevant. Past research has shown that those who enter the labour market during a downturn carry the costs of doing so into middle age. These come in the form of lower wages and higher risk of unemployment. Whereas the secretary for works and pensions, Thérèse Coffey, may claim it is “too early to set anything like that at all” (BBC Today Programme 19 May), the evidence is clear: recessions do lasting damage to young people.
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22 May 11:03am Specialist Leisure Group collapses into administration
The Independent
Specialist Leisure Group, which owns coach company Shearings, has collapsed into administration, the firm has announced.
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22 May 11:00am Ikea to reopen 19 stores during UK lockdown
The Guardian
Britain’s biggest furniture chain installs Covid-19 safety measures for 1 June reopening
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22 May 10:52am Coronavirus: Ikea to begin reopening stores
BBC
But the furniture giant will limit family groups to one adult and one child per household.
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22 May 10:31am UK approval for biggest gas power station in Europe ruled legal
The Guardian
High court hears challenge after ministers overruled climate objections of planning officials The UK government’s approval of a large new gas-fired power plant has been ruled legal by the high court. The legal challenge was brought after ministers had overruled the climate change objections of the country’s own planning authority. The plant, which is being developed by Drax in North Yorkshire, would be the biggest gas power station in Europe, and could account for 75% of the UK’s power sector emissions when fully operational, according to the environmental lawyers for ClientEarth, which brought the judicial review.
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22 May 10:03am Coronavirus: Ikea to reopen 19 stores in UK from 1 June with new social distancing measures
The Independent
Ikea is set to reopen 19 stores across England and Northern Ireland from 1 June with a new series of safety measures to ensure social distancing, the retailer has announced.
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Should cyclists have insurance and a penalty points threat? 22 May 9:47am Updated Should cyclists have insurance and a penalty points threat?
The Independent
Nick Freeman, says the rise in the number of people cycling in lockdown is at a 'critical' level now that more cars are returning to the road, and new laws are needed.
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22 May 9:44am Mortgage holidays have been extended - how does it work and what will it cost you?
The Independent
The scheme, initially set up in March, has been extended so that the deadline for applying for an repayment break is now 31 October, with borrowers eligible for a break of up to six months.
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Government borrowed £62BILLION in April the highest on record 22 May 8:16am Updated Government borrowed £62BILLION in April the highest on record
The Independent
The eye-watering figure was the highest for any month on record and more than double predictions from analysts, amid desperate moves to bail out millions of workers and businesses.
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22 May 8:14am JD Wetherspoon releases plans to reopen 875 pubs – with staff to monitor social distancing
The Independent
Chain will operate with 'slightly reduced menu' and hand sanitiser dispensers placed around venues
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22 May 8:13am Updated Burberry cancels dividend after sales plunge 27%
The Guardian
Luxury brand axes payment to shareholders worth about £120m amid Covid-19 crisis
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22 May 7:57am Updated Coronavirus: Wetherspoon pubs set out post-lockdown plans
BBC
The pub chain has said that staff will be given face masks and protective eyewear when pubs reopen.
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22 May 7:56am Treasury borrows year's worth of money in single month amounting to £62m
The Independent
Borrowing hits all-time high in April, as economists sound warning over record retail sales slump
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Taxpayers set to be saddled with £10bn of bad emergency loans 22 May 7:53am Updated Taxpayers set to be saddled with £10bn of bad emergency loans
The Independent
A survey by the Business Banking Resolution Service found that of those who had taken one of the Government's taxpayer-backed loans, 43 per cent said they did not expect to repay it.
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Lloyds boss Antonio Horta Osorio hit by investor mutiny over his pay 22 May 7:52am Updated Lloyds boss Antonio Horta Osorio hit by investor mutiny over his pay
The Independent
The mutiny at came as the latest embarrassment for chief exec Antonio Horta Osorio, who had already seen his pay under the new remuneration policy reduced from a maximum of £9.8m to £7m.
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22 May 7:52am The Covid-19 bill means the Treasury must live with high borrowing
The Guardian
The government has borrowed more in April than expected for the whole year. It can’t be paid back via austerity
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22 May 7:45am PPE fiasco shows the NHS should learn from Tesco how to spend its billions | Colin Cram
The Guardian
Supermarkets reacted fast to the coronavirus crisis. The NHS must urgently change the way it buys goods and services too
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22 May 7:16am JD Wetherspoon pubs to reopen with staff in goggles post-lockdown
The Guardian
Blueprint includes daily health checks for staff and protective screens between tables
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22 May 7:11am Theo Paphitis: ‘Retail will never, ever be the same again’
BBC
Entrepreneur and ex-Dragons' Den star Theo Paphitis talks to the BBC about how coronavirus has hit retail.
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22 May 7:09am EasyJet founder Stelios fails in attempt to oust chairman and CEO
The Guardian
Haji-Ioannou wants cancellation of £4.5bn Airbus order for more than 100 aircraft The easyJet founder, Sir Stelios Haji-Ioannou, has
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Feedback gets Bleepa opportunity amid pandemic  22 May 6:26am Feedback gets Bleepa opportunity amid pandemic 
The Guardian
Bleepa is a communication tool for healthcare professionals, which allows them to share and discuss medical images and patient cases.
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22 May 6:25am Public sector borrowing: How big is it and should we be getting worried?
The Independent
Just how big is April's monthly borrowing figure in a historical context? And what does it signal about the direction of the public finances and the solvency of the government?
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22 May 6:23am Updated UK borrowing at record high as virus cost soars in April
BBC
The government borrowed £62bn in April - the highest monthly figure since records began.
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22 May 6:21am Coronavirus: Wetherspoons sets out post-lockdown plan for pubs
BBC
The pub chain has said that staff will be given face masks and protective eyewear when pubs reopen.
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22 May 6:16am Updated Mortgage payment holiday extended for further three months
BBC
The Treasury cautions that borrowers should continue to pay their mortgages if they are able.
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22 May 6:03am Aidan and Howard Barclay break silence over family feud
The Guardian
Brothers accuse uncle of fabricating offers for Ritz hotel and threaten to sue Aidan and Howard Barclay have broken their silence in a
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22 May 6:00am ‘I can’t get any help’: Disney World staff go weeks without unemployment benefits
The Guardian
Florida, where the park is located, has the worst unemployment system in the US based on how few people receive benefits Workers at Disney World in Orlando, the largest single-site employer in the US, with around 77,000 employees, are struggling to obtain unemployment benefits weeks after being furloughed by the coronavirus shutdowns. Florida has the worst unemployment system in the US based on how few people receive benefits, and a low payout maximum of $275 per week, according to a
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22 May 5:48am Should UK pensioners be forced to pay the bill for coronavirus? | Patrick Collinson
The Guardian
The ‘triple lock’ on the state pension is under threat – but there may be fairer ways to raise revenue
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22 May 5:38am Billionaire Boparan buys Carluccio’s brand and saves 800 jobs
The Guardian
About 40 outlets - now shut because of Covid-19 - will close for good, with loss of 1,000 jobs
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22 May 4:51am Updated Coronavirus: Retail sales crash in April as lockdown hits shops
BBC
British clothing sales plummeted by 50.2% last month as many High Street stores were closed.
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Where would these experts buy their next house? 22 May 4:36am Updated Where would these experts buy their next house?
BBC
We turned to some of the country's top property experts for some answers by asking them where they would invest their own hard-earned cash.
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Widow, 96, gets £117k after being paid wrong state pension 22 May 4:30am Updated Widow, 96, gets £117k after being paid wrong state pension
BBC
The DWP is accused of 'shocking' treatment of Rosemary Chattell, pictured left, who lives in a Cheshire care home and is unaware she has been handed the vast sum.
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22 May 3:41am UK mortgage payment holiday extended by three months
The Guardian
Treasury also extends ban on home repossessions to 31 October amid Covid-19 crisis
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How can I get a refund from Tui for my holidays? 22 May 3:25am Updated How can I get a refund from Tui for my holidays?
The Guardian
Our holiday in June has been cancelled and we were offered a credit refund but I would rather have my money back. I am finding it hard to get through to Tui. What can I do?
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Skoda launches scooter for new cars that replaced a spare wheel 22 May 3:24am Skoda launches scooter for new cars that replaced a spare wheel
The Guardian
The branded scooter is a £120 option for the latest Scala hatchback and Kamiq compact-SUV models. But if you want one in your new Skoda, you will need to have a tyre repair kit, it says.
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22 May 3:16am Updated UK borrowing soars to cope with impact of virus
BBC
The government borrowed £62.1bn in April - the highest monthly figure since records began.
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22 May 2:54am Mortgages: Homeowners able to defer payments for longer
BBC
The Treasury cautions that borrowers should continue to pay their mortgages if they are able.
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Grandparents can keep state pension credits for childcare in lockdown 22 May 2:41am Grandparents can keep state pension credits for childcare in lockdown
BBC
Many grandparents get credits for providing childcare. But normal arrangements have been upended by restrictions to safeguard elderly people and halt the spread of Covid-19.
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22 May 2:06am Homes for growing your own food - in pictures
The Guardian
From kitchen gardens to trout fishing rights, these properties can put food on the table
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22 May 2:04am Mark Zuckerberg says half of Facebook’s staff to work from home within 10 years – video
The Guardian
Facebook CEO Mark Zuckerberg says he expects 50% of the company’s employees to work from home over the next five to 10 years. The social media giant will embrace remote work, even after coronavirus restrictions end, with Facebook limiting offices to 25% capacity when workers return in July. The company has 48,000 employees in 70 offices around the world
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22 May 2:00am Young climate activists call for EU to radically reform farming sector
The Guardian
Fridays for Future to publish letter urging reform of common agricultural policy ahead of European commission meeting The EU’s farming sector needs radical reform, and the common agricultural policy (CAP) must be rewritten if the climate crisis is to be tackled, a group of young climate activists will urge. Fridays for Future, founded by teenagers in the wake of
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22 May 1:21am Renewable energy may be switched off as demand plummets
The Guardian
National Grid may ask suppliers to stop generating electricity due to record low consumption
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22 May 1:08am Two out of five office staff working in inappropriate home environment, study suggests
The Independent
Only one in four of 2,200 adults surveyed by the Institute of Workplace and Facilities Management said they had a separate home office
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22 May 12:09am China scraps annual economic growth target for first time
BBC
The world's second largest economy takes unprecedented step not to give forecast for the year ahead.
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21 May 10:35pm Coronavirus: Flexible working will be a new normal after virus
BBC
Facebook and New Zealand's prime minister are the latest to support a radical shift in how we all work.
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21 May 7:06pm How will we pay for the coronavirus damage?
BBC
Coronavirus has cost the UK government hundreds of billions of pounds. How will we pay for it?
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21 May 7:03pm Coronavirus: Job adverts increase in rural areas despite Covid-19
BBC
Roofers and security guards are among professions with increased demand, one study suggests.
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