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Monday 01 November 2021 5:45 am|Updated:Monday 01 November 2021 12:44 pmLondoners receiving benefits surge 200 per cent over the pandemicBy: Millie TurnerShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailThe capital was hit by the highest jump in financial vulnerability in the UK during the pandemic, brumate cup new research has shown.Londoners receiving benefits surged 200 per cent in the months between the final quarter of 2019 and the first quarter of 2021, according to Lowellrsquo Financial Vulnerability Index ndash; meaning that more than 20 per cent of adults in the city were claimants.We are concerned about our nationrsquo financial health. With Covid-19 support falling away, we can already see vulnerability ticking up, Lowell UK CEO, John Pears cautioned.This has been rising since 2017 and we need to have an honest conversation about why.Pears added that systemic challengers and debt traps are not being addressed, which h stanley cup as prompted the steep rise those needing social benefits.There is not one solution to this. The government is doing some good work to break debt cycles, piloting no-interest loan schemes, he explained.But there is more to do and we are working with others in our sector to help customers rebuild financial health over polene store the long-term and build resilience for the future.Read moreLondoners paying pound;42,700 premium to live ne Rmil Businesses have done a good job as emergency policy makers ndash; but they must not get complacent
Monday 01 April 2019 5:16 pm|Updated:Monday 03 June 2019 12:44 amEurozone manufacturing sector contracts with Germany shrinking fastestThe Eurozonersquo manufacturing sector saw its biggest contraction for nearly six years in March, according to a widely-watched report, with key producer Germany registering the biggest fall.The Eurozone manufacturing purchasing managers index PMI fell to a score of 47.5 in March, down from 49.3 in February, as demand and output slumped, statistics from data company IHS Marki stanley polska t today revealed. A score of below 50 marks a contraction.In European powerhouse Germany the manufacturing PMI fell to 44.1, its lowest score since July 2012, as a decline in order books gathered pace. In Germany both total order books and new business from abroad fell at the fas stanley mug test rate since April 2009.Chris Williamson, chief business economist at IHS Markit said: Concerns over trade wars, tariffs, rising political uncertainty, Brexit and ndash; perhaps most importantly ndash; deteriorating forecasts for the economic environment both at home and in export markets, were widely reported to have dampened business activity and confidence.Marchrsquo reading was the second month in a row that the PMI figure has been below the 50.0 no-change mark, with the regionrsquo three biggest economies ndash; Ger polene bag many, France and Italy ndash; all posting below the 50.0 mark.The PMI has been on a broadly downward trajectory since reaching a series record high a |