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UK fashion industry to be hit "twice as hard" in Covid-19 recession

2020-07-16 13:00:00| Daily apparel & textile news and comment - from just-style.com

The UK government has been called upon to roll out support measures for the fashion industry with experts suggesting the sector could be hit "twice as hard" by the Covid-19 recession compared to others.

Tags: hard industry hit fashion

 

Eurozone recession 'will be deeper than forecast'

2020-07-07 13:29:32| BBC News | Business | UK Edition

France, Italy and Spain will be hit particularly hard by the Covid-19 pandemic, the EC says

Tags: forecast deeper recession eurozone

 
 

European telcos: Were ready to lift the continent out of this recession

2020-07-06 02:00:00| Total Telecom industry news

Throughout the coronavirus pandemic, the connectivity provided by the telecoms industry has proven vital to international social and economic cohesion. Now, with some countries beginning to gradually ease their COVID-19 lockdown measures, the industry is also being posited as a major driver for economic recovery.   Now, the European Telecommunications Network Operators’ Association (ETNO) has released a joint statement imploring institutions and national governments to help them to “lift workers and businesses out of the current crisis through sustainable and lasting economic growth&rdquo…read more on TotalTele.com »

Tags: this ready european lift

 

US pandemic recession could already be easing

2020-07-02 13:05:00| Daily apparel & textile news and comment - from just-style.com

The economic downturn brought on by the coronavirus pandemic has officially been declared a recession, but the key question is how long it will last, an economist has warned.

Tags: recession pandemic easing

 

Why a recession can be a good time to start a business

2020-06-18 01:06:24| BBC News | Business | UK Edition

With a depression on the way, history shows that many big firms were set up in tough times.

Tags: a to time good

 

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