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UK economy: 'We are battered, bruised, but wiser after lockdown'

2020-07-01 00:59:05| BBC News | Business | UK Edition

A survey of 7,700 firms by the British Chambers of Commerce lays bare the economic impact of lockdown.

Tags: economy battered bruised lockdown


Coronavirus: Bank pumps 100bn into UK economy to aid recovery

2020-06-18 13:36:24| BBC News | Business | UK Edition

Bank of England announces huge stimulus to aid recovery from the "unprecedented" coronavirus downturn.

Tags: bank aid economy recovery


Apple claims 'half a trillion dollars' App Store economy

2020-06-15 23:25:00| BBC News | Business | UK Edition

Firm says it only took a cut from a fraction of the trade, but still faces anti-competition scrutiny.

Tags: store half claims dollars


Global economy to hit deepest recession since WWII

2020-06-15 13:20:00| Daily apparel & textile news and comment - from just-style.com

Europe's economy is expected to shrink by over 9% this year, and the US' by over 6%, new data shows, as shutdown measures related to the coronavirus pandemic plunge the global economy into contraction.

Tags: global hit economy wwii


H&M Group signs circular economy pledge to "build back better"

2020-06-12 17:50:00| Daily apparel & textile news and comment - from just-style.com

Swedish fashion giant H&M Group has signed a new pledge committing to accelerate the transition to a circular economy - which environmental sustainability manager Cecilia Brannsten tells just-style will be key to enabling a more resilient future for fashion.

Tags: back group economy signs


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