Tag Archives: Economy

By AFP PARIS: Shuttered shops, idle production lines, grounded planes — the coronavirus pandemic has devastated several industries, not least the aviation and automobile sectors, but also retail and energy. Here is a recap of some major casualties, amid layoffs, bankruptcies and rescue plans:  Crash landing Among the big-hitters in crisis …

US Consulate General Hamilton is aware of inconveniences caused by the suspension of mail services from the United States to Bermuda. US Consul … Source link

PUBLISHED: 16:16 11 August 2020 Sarah Chambers Debenhams has become the latest high street chain to announce big job losses Picture: JUDY RIMMER Hundreds of thousands of people across the UK have lost their jobs or are about to – including many in Suffolk and Essex – as the economic …

'Czech Spinx' raises Royal Mail stake further. Daniel Kretinsky, the billionaire known as the Czech Sphinx, has upped his stake in Royal Mail again, … Source link

InfraRed Capital Partners has been confirmed as the new owners of a large urban logistics asset in Rotherham – the Parcelforce depot at Templeborough. Rothbiz reported in June that LondonMetric had completed the £13.3m disposal of a large warehouse at a net initial yield of 5.0%. The 152,000 sq ft …

The energy tycoon also praised Royal Mail's “tradition, history and importance of the public service it provides”. The appearance of his fund, Vesa Equity … Source link

Tax rises are likely to be ordered by Chancellor Rishi Sunak when the economy gets back to “near normal”, an economic watchdog predicted today. Carl Emmerson, deputy director of the respected Institute for Fiscal Studies, spoke out in the wake of Boris Johnson’s speech which pledged to fast-track construction schemes …

National property developer Godwin Developments has bought one of Nottingham’s former Royal Mail sorting office. The business said it has ambitious plans to demolish the existing building and transform it into a large mixed-use residential development. The building fronts onto Brook Street and Bath Street where it overlooks St. Mary’s …

Councillors have welcomed 200 new civil service jobs for Plymouth. The city council’s Labour leader Tudor Evans praised the work of its economic development team to secure the expansion of the Valuation Office Agency. He highlighted the news at a meeting of the full council to set next year’s budget …

Link to this page: https://www.socialistparty.org.uk/issue/1072/30202 From The Socialist newspaper, 5 February 2020 photo CCO/CC   (Click to enlarge) Sarah Sachs-Eldridge, Socialist Party executive committee A debate, of sorts, is opening up on nationalisation in the Labour leadership election. Support for public ownership – or not – is an indication of which …