Hot Off The Wires - 26th November 2020
Rishi Sunak said that Britain’s economic emergency had only just begun as the long-term damage that the pandemic has inflicted on growth, jobs and the public finances was laid bare.
European regulators said EU banks operating in London would continue to be subject to Brussels regulations, threatening London’s post-Brexit hold on a derivatives market worth €50 trillion a year.
Unemployment will surge to a peak of 7.5% next year when the Chancellor’s support for millions of workers is withdrawn as Covid continues to transform Britain’s job market.
The bosses of Britain's biggest pub chains have urged urgent financial support for the sector or risk the total collapse of hundreds of breweries and thousands of pubs.
Emirates could put the world's biggest fleet of Airbus A380s back in the air by early 2022 after forecasting a sharp recovery in demand for air travel next year.
What question can you never answer 'yes' to?