Market Buzz
Thursday newspaper round-up: KPMG, car sales, Ryanair
The government is under mounting pressure to plug gaps in its emergency coronavirus wage subsidy schemes at the March budget to support millions of self-employed people and other workers excluded from furlough. MPs and campaign groups said the chancellor, Rishi Sunak, had repeatedly ducked opportunities to fix gaps in furlough and the self-employed income support scheme (SEISS) for almost a year since the Covid-19 pandemic began. - Guardian.
Wednesday newspaper round-up: Furlough scheme, Alphabet, LV
Rishi Sunak has been warned by the leaders of Britain’s most influential business groups and the trade union movement that he risks plunging Britain into a period of mass unemployment unless he extends the furlough scheme. Before the budget on 3 March, both sides of industry told the chancellor that the economy was too fragile to end the wage subsidy scheme at the end of April and that he risked undoing the efforts to protect jobs over the past year if he did so.
Tuesday newspaper round-up: Northern Ireland, Tom Hayes, insurance firms
Brexit checks on animal and food products arriving into Belfast and Larne ports have been suspended amid fears over the safety of staff, Northern Ireland’s agriculture ministry has said. The decision came after Mid and East Antrim borough council agreed on Monday night to remove 12 of its staff at Larne port with immediate effect, following an “upsurge in sinister and menacing behaviour in recent weeks”. - Guardian.
Monday newspaper round-up: Silver, Heathrow, Arcadia
Silver prices surged to a five-month high on Monday, silver-mining stocks leapt and coin-selling websites were swamped as small-time investors piled in to the metal, the latest focus of a retail-trading frenzy that has set financial markets on edge. Silver has become the latest asset to surge after the GameStop frenzy, when Redditors drove up the share price that big fund managers had bet against. - Guardian .