Tag: August

UK borrowing soars in August as Covid costs mount

Image copyright Getty Images The UK government borrowed £35.9bn in August as tackling the economic fallout of pandemic took its toll on the public finances, official figures show. The figure – the difference between spending and tax income – was £30.5bn more than it borrowed in August last year. The increase meant that the borrowing figure hit its highest amount… Read more →

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Coronavirus: NI firms’ recovery stalled in August, says survey

Image caption Despite August’s Eat Out to Help Out scheme, NI’s service sector recovery is lagging behind GB Economic recovery in Northern Ireland stalled in August, according to an Ulster Bank survey. Every month it asks private sector firms about staffing, exports and new orders in what is considered a reliable indictor of economic performance. While retail and construction initially… Read more →

EasyJet to restart flights to 75% of destinations by August

Image copyright PA Media Image caption EasyJet is introducing enhanced disinfection measures EasyJet has said it will resume flights to 75% of destinations by the end of August, although the number of daily services will still be significantly down for a normal summer season. The airline is already starting limited services this month, as it adjusts to the coronavirus collapse… Read more →