Thu, Aug 6 2020

The Guardian

The UK is drowning in private debt. At least £6bn of household debt – and probably much more – has been racked up by 4.6m people during the pandemic. More than one in eight people on furlough have defaulted on a payment. The…

As reported by Eater London, the recent survey, conducted by UK Hospitality and on-trade data analyst CGA, found that over 75% of restaurants, pubs and bars in the UK fear not being able to pay their bills over the next 12 months. Of the 12,000…

The Times – Natalie Ceeney – Aug 4, 4:01 PM

As the Covid-19 pandemic has widened from a health crisis to an economic one, companies large and small have debated what recovery will look like. We know that the autumn is going to be tough, with businesses faced with making mass redundancies…

UK start-ups face a cash shortage of up to £15bn this year after investor funding fell away during the coronavirus pandemic, with companies outside London notably struggling for financial support, in what will be a blow to the government's…