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Economy
18:02, 25 MAR 2020
Cineworld staff slam firm after losing jobs during coronavirus shutdown
Boris Johnson
Workers say they have been send home during pandemic with no idea when they will be paid
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Experts call for factory shutdowns to be brought forward amid pandemic
Economy
The call to action is being supported by the Greater Manchester Chamber of Commerce
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Rate of inflation in the Ƶ falls shows latest ONS figures
Economy
The Consumer Prices Index measure of inflation was 1.7% in February
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Aston Martin to temporarily suspend production at all Ƶ plants
Aston Martin
The luxury car manufacturer is due to release the DBX, its first SUV, this year
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Ƶ economy forecast to contract 2.6% this year, but could get far worse says KPMG
Coronavirus
In its latest quarterly report it says a protracted outbreak of Covid-19 could see a 5.6% decline
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Shop local app LoyalFree offering new delivery options to help during coronavirus measures
Retail & High Street
App is designed to boost footfall while enabling businesses to reward regular customers with discounts, freebies and offers
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Chancellor steps in to pay wages during coronavirus crisis to protect jobs - as pubs and restaurants ordered to close
Economy
Massive support package to help businesses keep people in work as lockdown measures expanded
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Manchester city council announces business rates payment delay to help businesses through coronavirus outbreak
Economic Development
Authority has urged businesses to pay what they can and seek advice, where possible, from banks and business support
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Tech giant The Hut Group announces 500 new roles, urges people who have lost their jobs due to coronavirus to apply
North West
THG is creating more than 500 permanent positions across manufacturing, fulfilment and logistics
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Next CEO Simon Wolfson on dealing with worst-case three month shutdown, staying level-headed - and life post-virus
Retail & High Street
“At some point this will pass... the most important thing is to manage ourselves through this crisis healthily and in a safe way”
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Bristol Port on plans for ‘critical cargo’ including wood pulp for toilet roll following coronavirus outbreak
Transport
The port handles millions of tonnes of cargo and thousands of commodities
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Ultimate Products says manufacturing operations in China have ‘broadly normalised’ - but expects ‘significant’ drop in revenue
Enterprise
The group, which sells brands including Russell Hobbs and Beldray, said over 90 per cent of its factories were back up to full production
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First redundancies seen as hospitality sector closures bite
BDO
Jobcrentre Plus says workers are losing their jobs in bars, hotels and restaurants and there are fears for factory staff too
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Next clothes chain braces for up to £1bn drop in sales
Coronavirus
£4.2 billion turnover group said the outbreak could see full-year sales plunge by 25 per cent in a worst case scenario
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Joules calls on Government for “more urgent action” to help retail workers in “challenging and uncertain times”
Coronavirus
Lifestyle brand says it has £16m cash in the bank but cuts interim dividend to save further £700,000
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Further £1.4bn of support to businesses announced by the Welsh Government
Economic Development
It includes a year long business rates holiday for retail, leisure and hospitality firms.
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LEP launches search for new board members to help drive economic growth
East Midlands
D2N2 is welcoming applications from people from all sectors
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Collapse of Thomas Cook last September is thought to have cost the Ƶ taxpayer at least £156 million
Thomas Cook
The total bill for those covered by the ATOL protection scheme – funded by industry members – could be closer to £500 million
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JCB halts manufacturing at all of its Ƶ factories after coronavirus outbreak hits global demand
West Midlands
The decision follows an 'unprecedented reduction' in global demand for its machines following the coronavirus outbreak
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Industry reacts to Chancellor's coronavirus measures amid fears much more is needed
Retail & Consumer
Some questions over whether Chancellor's plans for “unprecedented” £330 billion business loan package goes far enough
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Plaid Cymru call for emergency basic universal income as economic impact of coronavirus deepens
Economic Development
Plaid leader Adam Price said that radical and unprecedented action was need
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West Midlands manufacturing chief calls for targeted support amid coronavirus crisis
West Midlands
Manufacturing Assembly Network head welcomes moves by Chancellor to support industry but says targeted support needs to be included in the ongoing package of measures
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Big read: High growth vehicle conversion business aims for global markets
BAE Systems plc
We go behind the scenes as vehicle modification specialist Cartwright Conversions settles in northern Lincolnshire
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Shakespeare Martineau and Nelsons set out their plans to keep working during virus restrictions
Coronavirus
Comes as latest advice suggests parts of Ƶ population – those most at risk – could be stuck at home for 12 weeks
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