Business news

Government-backed business loans pass £50bn

1.2 million businesses receive coronavirus support loans.

UK in first technical recession in 11 years

Economy shrinks by 20.4% in Q2 2020.

Employment falls by largest amount since 2009

Over-65s most likely to be affected by job losses.

One in three firms plan redundancies

More job cuts expected by the autumn.

Govt. sets out first homes scheme details

Housing secretary aims to tackle rising house prices.

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