Whatever you've got to say about Google, it can't hear you over the sound of it banking $85m a day in pure profit • The Register
- TECHNOLOGY
- February 5, 2019
Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. We start with grim news from the UK jobs market. The number of people being laid off has jumped at the fastest pace since the financial crisis, as Covid-19 continues to hurt the UK economy badly.
READ MOREGood morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. The number of people in employment in Britain has fallen again, as the coronavirus pandemic forces companies to cut jobs. Figures just released by the Office for National Statistics show that there were 730,000 fewer people
READ MOREChancellor Rishi Sunak’s summer statement on July 8 was intended to show how the government can quickly end its emergency bankrolling of the economy, and let a re-energised private sector take the strain again. Since the lockdown was imposed in March, a furlough scheme has allowed shuttered firms to retain up to 9 million idled
READ MOREThe owner of Upper Crust and Caffè Ritazza is to axe 5,000 jobs after suffering heavy losses in the coronavirus crisis lockdown. SSP Group said the cuts, which represent about half of its workforce, are part of a wide-sweeping restructuring aimed at keeping the catering company afloat. It follows a dramatic fall in domestic and
READ MOREHalf a million jobs in the construction industry could be at risk if Boris Johnson gets his exit strategy from lockdown wrong, a trade body has warned. With the prime minister promising to set out a “roadmap” for restarting the economy on Thursday, builders are one of many sectors urging government to keep support going for
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