The government plan to issue gift cards for retail and restaurants for citizens
The economy demands some bold experiments to be revived. The government is ready to go as far as giving away free gift cards. The UK government is considering…
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Shell weights the decision to move HQ to Britain
Do you remember the Project Fear speeches about London loosing the value as an international finance and corporate hub? Quite the opposite happens. Uniliver decided to move to…
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Government cancels mandatory quarantine for travellers
‘Overreaction’ is most often used word to describe the severe quarantine measures imposed after COVID-19. The way the government handled the virus may be far from ideal. But…
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European service economy remains in contraction
Record contraction in services associated with quarantine measures hasn’t resolved in strong bounce. The service economy is still in contraction or near it. It means that with the…
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The quarantine withdrawal syndrome: Sainsbury’s reported a massive sales increase
As pale crowds emerged from quarantined cities they wanted desperately to celebrate life. In the realities of the third millennium it usually manifest itself in the shopping frenzy.…
Continue ReadingNiche businesses around airports are facing massive job cuts
The better the niche business was adapted to the pre-COVID realities the harder it fallen. Niche businesses such as SSP Group, operating in airports and major railway stations…
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Revised quarterly GDP shows deeper recession than it was assumed
The UK economy shrank even more sharply in the first quarter than was initially reported. In a final measurement, the UK National Statistical Office is now noticing a…
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