Posts for Economy

Lastminute.com ordered to refund cancelled package holidays

The Competition and Markets Authority (CMA) has been investigating lastminute.com after receiving hundreds of complaints that people were not receiving refunds for package holidays cancelled due to the Coronavirus (COVID-19) pandemic. More than 9,000 customers whose holidays were cancelled by lastminute.com are currently awaiting refunds, amounting to over £7 million. […]

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Spending Review 2020: the experts react

Alex de Ruyter, Birmingham City University; Anupam Nanda, University of Manchester; Drew Woodhouse, Sheffield Hallam University; Ernestine Gheyoh Ndzi, York St John University; Jonquil Lowe, The Open University, and Simon J Smith, Staffordshire University “The health emergency is not yet over, and the economic emergency has only just begun.” With […]

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Living Wage to rise

The Government has today announced the National Living Wage (NLW) and National Minimum Wage (NMW) rates which will come into force from April 2021. It accepted in full recommendations made by the Low Pay Commission at the end of October. The National Living Wage will increase by 2.2 per cent […]

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Citizens Advice tips for online shopping

While it would be lovely if everyone shopped locally, we know realistically that won’t happen, though most people will hopefully buy at least some items from local businesses, to help the local economy. Do bear in mind that not all Black Friday/Cyber Monday deals are as good as they might […]

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Audit Office reports on government procurement

Many people have questioned the transparency of government procurement processes during the pandemic so the Audit Office has now reported. Taking into account the enormity of the task of responding to Covid-19. These are the Audit Office’s concluding words:  In the months following the emergence of the COVID-19 pandemic in […]

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Temp rule change as we ship in seasonal poultry workers

From the Government: Temporary measures published today will mean seasonal poultry workers arriving from abroad will be able to work during their 14-day quarantine period from 4am on 17 November. However, they will still be required to self-isolate from the general public. To avoid spreading the virus, they will be […]

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A car is a bonus in a pandemic

From the RAC:   More than half of UK drivers (57%) say having access to a car is more important than it was before the coronavirus pandemic, with reluctance to use public transport in the future at its highest level in 18 years, research for the RAC’s annual Report on Motoring […]

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Help for self-employed extended for 6 months

The Minimum Income Floor (MIF) for self-employed Universal Credit claimants will remain suspended until the end of April 2021, extending a vital lifeline for hundreds of thousands of people, Thérèse Coffey, the Secretary of State for Work and Pensions announced today (3 November 2020). The further suspension means self-employed people […]

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‘Financial resilience’ during Covid – report from Citizens Advice

Citizens Advice has responded to new research by the financial regulator, the FCA, indicating two million people have moved into a financially fragile situation – or have “low financial resilience” – since February. Dame Gillian Guy, Chief Executive of Citizens Advice, says: “This is further evidence that coronavirus has had […]

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Stamp duty cut helps house sales

There are lots of tales around Bude at the moment of houses going on the market and flying out, many under offer within a day or two of hitting the market. Good news for sellers. Nationally, after a 15.6% rise in August, residential property transactions in September rose a further […]

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