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Six in 10 UK firms have no more than three months of cash left

2020-04-02 01:01:34| Guardian Unlimited Business - more business news

British Chambers of Commerce poll reveals scale of companies at risk of collapse amid coronavirus lockdownCoronavirus latest updatesSee all our coronavirus coverageBusiness leaders have warned that British companies are running out of time to stay afloat amid the coronavirus outbreak, after a survey showed a majority of firms had just three months of cash or less in reserve.The British Chambers of Commerce (BCC) said companies across the country were suffering from a sharp and significant fall in domestic and overseas sales as lockdown measures brought many firms close to collapse, threatening widespread job losses. Continue reading...

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Coronavirus: Millions will be left in poverty, World Bank warns

2020-03-31 10:31:23| BBC News | Business | World Edition

"Significant economic pain seems unavoidable in all countries, the World Bank warns.

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No man left behind in India's 1st Covid shot of Rs 1.7 lakh crore

2020-03-26 09:01:03| The Economic Times

No man left behind in India's 1st Covid shot of Rs 1.7 lakh croreThe FM announced a slew of measures to ease the burden on the poor who will be hit hard by the lockdown.

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FEMA Can't Say How Many Medical Supplies The US Has Left To Fight The Coronavirus

2020-03-23 00:19:10| digg

When asked about how many masks the federal government has left, and how many it has sent out, FEMA's administrator said, "I can't give you a rough number."

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Shared ownership flats: Mum died not knowing I would be left with 25,000 debt

2020-03-21 13:00:37| Guardian Unlimited Business - more business news

Lois Ploughman thought her property was a sound investment to leave her family. Instead, her daughter was bequeathed a huge headacheA woman has accused a housing association of saddling her late mothers estate with a 25,000-plus debt that is growing by more than 1,000 a month.When Penny Ashcrofts mother Lois Plowman died of cancer aged 69 in 2018, she owned a 25% share of a shared ownership flat in London all she had to leave to her children. Continue reading...

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