Author: Zein

Coronavirus: Welsh towns ‘vulnerable’ to virus impact

Media playback is unsupported on your device Media captionChris Morgan, who runs a family cafe in Tredegar, says it will be a long time before things return to normal An economic downturn from coronavirus will fall “most heavily” on valleys towns and coastal communities in north Wales, according to a research group. The Centre for Towns says places already exposed… Read more →

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Coronavirus: Italy’s Conte offers hope as travel restrictions end

Image copyright Getty Images Image caption Italians are now allowed to travel inside the country again Italian Prime Minister Giuseppe Conte offered a hopeful message as the country moved to its final stage in easing lockdown restrictions. “We deserve to smile, to be cheerful, after weeks of great sacrifice,” he said on Wednesday. He added that now was the time… Read more →

Travelodge proposes new deal to end landlord row

Image copyright Getty Images Budget hotel business Travelodge is to propose a new restructuring plan that it hopes will end a row with landlords and protect thousands of jobs. The company wants landlords to agree £144m of temporary rent cuts on its 564 sites in return for fresh investment. Travelodge, whose backers include Goldman Sachs, has refused to pay rent… Read more →

Coronavirus: Debt letters ‘make money problems worse’

Image copyright Rachel Edwards Image caption Rachel Edwards is now on a debt management plan Rachel Edwards has faced mental health difficulties for decades. Bouts of depression have also brought financial problems for the 43-year-old grandmother. She believes that letters, warning about falling behind on debt and which lenders are compelled to send by law, are often counter-productive. “You get… Read more →