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Hot Off The Wires - 3rd March 2021

News


  • Rishi Sunak will announce today multibillion-pound plans to extend the furlough scheme until September at an estimated cost of at least £10bn.

  • Volvo Cars will sell only all-electric vehicles by 2030 and cut out dealerships as it moves to online selling.

  • Aldi and Lidl have lost share of the grocery market for the first time in more than a decade, while Tesco’s share rose for the first time since 2016, amid a surge in online shopping during the pandemic.

  • Ministers have been advised to consider tariffs on imports of lower-standard food and farm produce from overseas, in order to protect the UK’s high standards of food safety and animal welfare.

  • EBay and Adevinta have offered to sell Gumtree and Shpock, their classified UK ads businesses, to secure regulatory approval for their £6.6bn deal.


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