Despite the furlough scheme, hundreds of thousands of jobs have been shed in Europe in the past few months, including by the likes of Lufthansa, Airbus and Renault. The worsening of labor market conditions dragged down savings with those out of a job using their savings to pay bills. But the fall was offset by other households that saved money worried about salary cuts or future job prospects in an uncertain market. … [Read more...] about Are thrifty Europeans holding back economic recovery?
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Finally: I’ve had ambitions of “making it” in film/TV for a long time. This period has helped me to see how these ambitions – and my failure to achieve them – have contributed to a lot of unhappiness. I can only control what I can control, which for me has meant focusing on things I like to do and that make me feel alive rather than striving to succeed so I can fill the void. Life is happening here and now, it is short, and this is the only one there is. … [Read more...] about ‘I don’t sleep. I’m afraid to open the post’: Covid’s continued effect for film industry workers
"It was also the huge realisation of how close I came to going the other way, especially when you know that that’s the case for a couple of my friends — that actually, as bad as it is, it’s still better than the alternative. … [Read more...] about Strictly’s JJ Chalmers says he ‘should be in a box in the ground’ after war injuries
"Although the UK remains on course to exit recession in the third quarter, the looming triple threat of surging unemployment, further restrictions and a disorderly end to the transition period means the recent rally in economic output is likely to be short-lived." … [Read more...] about Coronavirus: UK economy grows 2.1% – less than half the rise expected
“This is an essential and welcome commitment to our world-leading cultural landscape, and hugely important that it’s been extended to Wales and the other devolved nations. Every week of the pandemic, we’ve held online workshops in dance, music and theatre with more than 1,000 people in our community. We’re a centre for blood donations, we’ve worked with social services to distribute food, creative packages and rainbow boxes of toys to vulnerable children, we’ve turned on the lights in our theatre for a local boy to continue his ballet training, so he can take up his place at the Royal Ballet in September. … [Read more...] about ‘At last a glimpse of hope’: UK arts leaders on the rescue package