As some non-essential shops begin to reopen this month as the British government loosens the lockdown, many retailers are expected to offer steep discounts to tempt consumers back to the high street. However, a splurge in consumer spending is not expected given the continued risk of infection from Covid-19 and because of the hit to household finances amid rising unemployment across the country. … [Read more...] about UK shops slash prices as coronavirus causes sales to plummet
Consumer price index inflation
Investment call over housing 'crisis' Moving in to half a house 'I've spent 18 years on housing waiting list' When she moved into her council house, Mrs White, who used to work as a teaching assistant but had to stop due to a lung condition and a spinal condition, found the £440 a month rent affordable. … [Read more...] about Homeless fear over sharp council house rent rises
The recent selloffs came after tech shares were driven to new highs by decisions by Apple, Tesla and others to split their stocks, a move that made them cheaper to buy but did nothing to change the fundamentals of their businesses. They were also pushed higher by a huge bet on tech by the Japanese conglomerate SoftBank that was tied to around $50bn worth of individual tech stocks. … [Read more...] about Twenty years after the dotcom crash, is tech’s bubble about to burst again?