Tag: July

Coronavirus: Over 100,000 NI workers on furlough in July

Image copyright Getty Images Image caption At its peak, the furlough scheme paid the wages of 250,000 workers in Northern Ireland More than 100,000 workers in Northern Ireland were still on the furlough scheme in July, according to HM Revenue and Customs (HMRC). The government’s job retention scheme paid 80% of workers wages up to £2,500 a month from March… Read more →

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UK inflation rises to 1% in July as lockdown eases

Image copyright Getty Images UK consumer price inflation jumped to 1% in July from 0.6% in June as lockdown measures eased further. The Office for National Statistics (ONS) said the figure was boosted by rising petrol and clothing prices. “In addition, prices for private dental treatment, physiotherapy and haircuts have increased with the need for PPE contributing to costs,” the… Read more →

Coronavirus: NI employers proposed 2,000 redundancies in July

Image copyright Getty Images Image caption The number of proposed redundancies from the start of the coronavirus pandemic in NI is now more than 6,000 Employers in Northern Ireland proposed almost 2,000 redundancies in July, according to official figures. A further 163 redundancies were proposed in the first 10 days of August. That brings the total number of proposed redundancies… Read more →

House prices bounced back in July, says Nationwide

Image copyright EPA House prices bounced back in July, climbing 1.7% during the month compared to a 1.5% fall in June, according to the Nationwide. “The bounce back in prices reflects the unexpectedly rapid recovery in housing market activity since the easing of lockdown restrictions,” it said. Activity has been boosted by pent-up demand and the stamp duty holiday. But… Read more →