Tag: sharply

Coronavirus: Uber customer activity falls sharply

Image copyright Reuters Image caption Uber’s food delivery business is booming The number of customers active on Uber’s apps has dropped nearly in half since last year as the pandemic devastates demand for the company’s taxi services. The ride-hailing giant said it had an average of 55 million customers each month in the April-June period, down from 99 million last… Read more →

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UK inflation falls sharply in April to 0.8%

Image copyright Getty Images The UK’s inflation rate fell in April to its lowest since August 2016 as the economic fallout of the first month of the lockdown hit prices. The Consumer Prices Index (CPI) fell to 0.8% from 1.5% in March, the Office for National Statistics (ONS) said. Falling petrol and diesel prices, plus lower energy bills, were the… Read more →