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Tag: recession
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.
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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 »
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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.