Business

Chancellor Rishi Sunak has hailed the “extraordinary success” of the furlough scheme as official figures suggest a “small” number of jobs were lost at its demise. The Office for National Statistics (ONS) reported a rise of 160,000 in payrolled employment between September and October. Treasury data had shown there were 1.14 million jobs on furlough
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Britain’s economic growth slowed to 1.3% in the third quarter, official figures show. It meant that gross domestic product (GDP) remained 2.1% lower than pre-pandemic levels, according to the Office for National Statistics (ONS). The economy’s July-September performance was slightly weaker than the figure of 1.5% expected by economists and marks a sharp slowdown compared
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Vaccinated passengers are finally able to enter the United States from the UK, bringing an end to almost two years of coronavirus restrictions. Thousands of travellers will jet off on transatlantic flights for long awaited reunions with family and friends, while British Airways and Virgin Atlantic will operate a synchronised departure from Heathrow to celebrate
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