Households reluctant to splurge their £180bn Covid savings pile

Forget the Roaring Twenties, it’s austerity Britain: Households reluctant to splurge £180bn Covid savings pile as consumer hedonism goes out of fashion More people shun ‘live for today’ mantra than endorse it for first time in 22 years Expectations of post-lockdown spending splurge could be wide of the mark Nationwide survey shows reset in how … Read more

Rishi Sunak hopes £180bn consumer boom will aid UK’s post-Covid economic recovery

Rishi Sunak today stoked hopes a £180billion consumer boom will fuel the UK’s recovery – but admitted that fears of mass unemployment ‘keep me up at night’.  The Chancelllor voiced optimism that a fast bounceback will fueled by the huge savings warchest built up by those who have kept working through the pandemic. But he … Read more

Tech tycoons scoop £180bn coronavirus bonanza

Billionaires behind America’s tech giants have increased their fortunes by £180bn this year By Matt Oliver For The Daily Mail Published: 22:07 GMT, 30 October 2020 | Updated: 22:17 GMT, 30 October 2020 The billionaires behind America’s tech giants have increased their fortunes by £180billion this year, astonishing figures show.  Despite coronavirus hammering traditional parts … Read more