Economic News
Lockdowns cost hospitality £200m a day in 2020
The lockdowns imposed due to the pandemic caused British pubs, bars, restaurants and hotels nearly £200m a day in sales in 2020.
Boeing 737 Max to resume service in Europe - EASA
The European Union Aviation Safety Agency (EASA) gave its approval for the return to service of a modified version of the Boeing 737 Max in Europe after a nearly two-year ban.
GameStop's stonking run collapses retail trading platforms
GameStop shares continued their recent surge in the middle of the week catapulted higher by continued market speculation.
IMF warns of heightened risks from slow rollout of vaccines in developing countries
The world's financial stability watchdog warned governments that emergency economic measures needed to be retained in order to stave off the risk of a "correction" in stock markets.
Boris Johnson delays reopening English schools
Boris Johnson said English schools would not reopen until 8 March at the earliest and that people arriving in the UK from 22 countries would be quarantined because of Covid-19.
Covid-19 cause for loss of 400,000 jobs in events sector
Around 400,000 jobs have been lost in the events industry during the coronavirus crisis, an industry group told Sky News on Wednesday.
Two-thirds of people want action against climate change - UN global poll
Two-thirds of people around the world believe climate change is a global emergency and seek action, revealed a global survey carried out by the United Nations.
German consumer confidence slumps in lockdown
German consumer confidence slumped as households in Europe’s biggest economy put spending on hold during a second severe Covid-19 lockdown, a survey showed.
Pfizer to deliver more Covid-19 vaccine doses to US
The US will receive more Covid-19 vaccine doses from Pfizer and BioNTech and more quickly than expected.