5 Things You Need To Know, Today, on Wednesday 12th August 2020
Justin Waite
5 Things You Need To Know
05:04, 12th August 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 Wednesday 12th August 2020

PRITI PATEL

5. A source close to Home Secretary Priti Patel has branded Ben and Jerry's ice cream "overpriced junk food" after the company criticised her stance on cross-channel migrant crossings.

In a series of tweets, the firm urged her and others to show more "humanity", adding that "people cannot be illegal".

(Click here to read more)

 

DEBENHAMS STORE FRONT

4. Struggling department store group Debenhams says it will cut 2,500 more jobs as it struggles to survive the coronavirus pandemic.

This is on top of the 4,000 announced since May, meaning the retailer will have cut a third of its workforce.

(Click here to read more)

 

RISHI SUNAK AT HIS DESK

3. Chancellor Rishi Sunak is weighing options to shelve his autumn budget if Britain is hit by a big second wave of the coronavirus.

While Sunak expects to deliver his budget as planned, it is a sign of government anxiety over a possible autumn COVID-19 spike that he is ready to delay big public spending decisions until after the crisis.

(Click here to read more)

 

HOLIDAY AIRLINES VIRGIN TUI

2. Airlines are still taking too long to refund passengers whose holidays have been cancelled due to the coronavirus crisis, consumer group Which? has said.

Last month, the airline regulator said it was "not satisfied" that Virgin Atlantic, Ryanair or Tui were processing refunds quickly enough.

(Click here to read more)

 

BORIS JOHNSON IN A HARD HAT

1. Boris Johnson has warned the UK has a "long, long way to go" before the economy improves, after official figures showed the largest drop in employment in over a decade.

Between April and June, the number of people in work fell by 220,000.

(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
info
Login or register to post comments

Recent Articles
Watchlist