5 Things You Need To Know, Today, on Friday 20th November 2020

Justin Waite
5 Things You Need To Know
06:11, 20th November 2020

AudioBoom Player

If you find this podcast useful please give it a rating and review on iTunes by clicking here

5 Things You Need To Know, Today, on Friday 20th November 2020

5. Online news and lifestyle site Buzzfeed is taking over HuffPost in a deal that brings together two of the most high-profile digital media firms.

The price was not discolsed.

(Click here to read more)

 

4. Fashion chains Peacocks and Jaeger have fallen into administration, putting more than 4,700 jobs and almost 500 shops at risk.

It comes after owner Edinburgh Woollen Mill Group failed to find a buyer for both businesses.

(Click here to read more)

 

3. Cineworld is looking to arrange a rescue deal that could mean UK cinema closures.

One option being discussed with bank lenders is a company voluntary arrangement, an insolvency process that could help Cineworld cut its rent bill.

(Click here to read more)

 

2. Millions of public sector workers face a pay freeze in next week's Spending Review.

It comes as Chancellor Rishi Sunak makes the case for pay restraint to reflect a fall in private sector earnings this year.

(Click here to read more)

 

1. Britain is on course for a double-dip recession as renewed lockdown measures deliver another hammer blow to economic activity, a Reuters poll found.

With much of the country’s dominant service industry forced to close for most of November the economy was expected to contract by 2.5% this quarter, a stark reversal from the 2.6% growth predicted last month.

 

(Click here to read more)  

Disclaimer & Declaration of Interest

The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

Comments
Login or register to post comments

Recent Articles
Watchlist