Get ready for the £50BILLION post-pandemic spending splurge

Get ready for the £50BILLION post-pandemic spending splurge: Britons put holidays and eating at at top of list as they plan to blow their lockdown savings Survey revealed foreign holidays will be most popular post-pandemic purchase  Study found 46 per cent of households increased their savings this past year £50billion of extra £192billion in savings is … Read more

Get ready for the £50BILLION post-pandemic spending splurge

Get ready for the £50BILLION post-pandemic spending splurge: Britons put holidays and eating at at top of list as they plan to blow their lockdown savings Survey revealed foreign holidays will be most popular post-pandemic purchase  Study found 46 per cent of households increased their savings this past year £50billion of extra £192billion in savings is … Read more

New lockdown could send Rishi Sunak’s furlough scheme soaring through £50billion barrier

Boris Johnson’s expected new national lockdown for England is likely to send the cost of the furlough scheme through the £50billion barrier. Official figures showed that the job retention scheme (JRS) reached £46.4billion before Christmas. The HMRC statistics show there was a sharp upturn in payouts following November’s lockdown and December’s ratcheting up of restrictions … Read more

New lockdown could send Rishi Sunak’s furlough scheme soaring through £50billion barrier

New lockdown could send Rishi Sunak’s furlough scheme soaring through £50billion barrier as union calls for parents to be paid to stay at home with their children while schools are closed The job retention scheme (JRS) reached £46.4billion before Christmas  There was a sharp upturn in payouts following November lockdown Likely to reignite the row … Read more

Warren Buffett’s Berkshire Hathaway suffers nearly $50billion loss in first quarter

Warren Buffett’s Berkshire Hathaway Inc has reported nearly $50billion in losses in the first quarter due to fallout from the coronavirus pandemic, marking the greatest loss the company has suffered in its history.   Berkshire said most of its more than 90 businesses are facing ‘relatively minor to severe’ negative effects from COVID-19, the illness caused … Read more

Warren Buffett’s Berkshire Hathaway suffers nearly $50billion loss in first quarter

Warren Buffett’s Berkshire Hathaway Inc has reported nearly $50billion in losses in the first quarter due to fallout from the coronavirus pandemic, marking the greatest loss the company has suffered in its history.   Berkshire said most of its more than 90 businesses are facing ‘relatively minor to severe’ negative effects from COVID-19, the illness caused … Read more