Day: August 15, 2020
‘It’s the worst I’ve ever seen’: London’s West End struggles to bounce back
August 15, 2020Mid-August should be boom time for central London. The streets would usually bustle with shoppers, workers and tourists, looking to spend their cash in the West End’s shops, restaurants and leisure attractions. But not this year. Vast swathes of the capital’s streets that once hummed with traffic and pedestrians lie quiet. On Friday morning just […]
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Tale of two Cities: FTSE 100 rises despite economic collapse
August 15, 2020London’s financial centre. Never has the disconnect between financial trading and economic fundamentals appeared so extreme Photograph: James Veysey/Rex/Shutterstock The economic collapse in Britain during the second quarter of 2020 was the most brutal on record. Unemployment is forecast by the Bank of England to soar to 2.5m by Christmas. The Brexit cliff edge approaches. […]
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