Tag: warns

Eurotunnel warns travellers not to turn up without a booking

Image copyright Reuters Eurotunnel has warned customers hoping to beat the government’s latest travel quarantine deadline not to just turn up at its terminal on Friday. People coming to the UK from France and the Netherlands will be forced to quarantine for 14 days if they arrive back after 04:00 on Saturday. The firm warned hopeful passengers: “Do not turn… Read more →

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Federal Reserve warns of continuing need to protect US economy

Image copyright Getty Images Image caption Federal Reserve Chairman Jerome Powell holding a media conference to explain the Fed’s strategy. The US central bank has repeated its vow to protect the US economy amid rising coronavirus rates and worries about growth. The Federal Reserve kept interest rates on hold at near zero on Wednesday, saying it would keep them there… Read more →

Coronavirus: Taxes will rise to pay for virus, IFS think tank warns

Image copyright Getty Images Taxpayers face a day of reckoning when the government’s massive coronavirus support measures have to be paid off, experts warn. The Institute of Fiscal Studies think tank says the economy will remain in a “support and recovery” phase for some time, but higher taxes are inevitable. On Wednesday, the chancellor unveiled another £30bn of support, bringing… Read more →

Burger King boss warns of UK job cuts

Image copyright Getty Images The boss of Burger King UK has warned that economic damage triggered by the coronavirus pandemic may push the fast food chain to permanently shut up to 10% of its restaurants. Those closures could lead to more than 1,600 lost jobs, Alasdair Murdoch said. Government schemes to help the restaurant industry do not do enough to… Read more →