A spokesperson for Asos told This is Money that the cost of the repayment to the Government looked set to come in at just under £2million for April.
Asos to REPAY UK Government for cost of furloughing
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Monthly Archives: July 2020
Rishi Sunak’s Covid-19 package recycled up to £10bn spending – IFS
Chancellor’s statement ‘corrosive of public trust’ for passing old funds off as newRishi Sunak has been accused of repackaging up to £10bn of previously announced government spending to form the backbone of his summer statement plan to save jobs during Covid-19.Serving the chancellor with a blunt rebuke, the Institute for Fiscal Studies said it was “corrosiv […]
Hong Kong businesses worried after US downgrade
After China introduced a controversial new security law, Donald Trump signed an order ending preferential economic treatment for the territory. What does Hong Kong’s economic future now hold?
An additional 1.3 million Americans file for unemployment amid coronavirus
NBC News’ Jo Ling Kent breaks down the newly released numbers for unemployment claims and what groups are most affected as the country faces the coronavirus outbreak.
Howard Gold’s No-Nonsense Investing: Pioneer of target-date funds looks to the future: hedging and ‘tail-risk’ strategies
Jerome Clark of T. Rowe Price also will seek ways to personalize retirement vehicles.
At Least 36 Billionaires Made Six-Figure Contributions To Committees Supporting Joe Biden In The Last 3 Months
Soros, Steyer, Spielberg and more: Billionaire cash has poured into Joe Biden’s campaign since April.
Mary Trump book already nearing 1 million sales
If ensembles are to reflect the communities they serve, the audition process should take into account race, gender and othMary Trump’s scathing memoir about her uncle, President Donald Trump, is nearly a million seller on preorders alone
Kenya: Half of Kenya Power Directors Quit
[Nation] Five non-executive directors of Kenya Power, representing half of the board, on Monday resigned without the electricity distributor announcing their replacement.
Biopharmaceutical Company Nkarta Raises $290M In IPO
Nkarta Inc. (NASDAQ: NKTX) announced on Tuesday the underwriters for its initial public offering have completely exercised their overal read more
LaTosha Brown on McConnell’s claim that voter suppression is ‘nonsense’
In a recent interview, Senate Majority Leader Mitch McConnell downplayed concerns over voter suppression. LaTosha Brown, co-founder of the Black Voters Matter Fund, personally had to wait hours to vote this year. She reacts in an interview with Lawrence O
Banning TikTok takes a big espionage tool away from China: US NSA
China will lose “a big tool” of espionage and surveillance if America and some western European countries ban Chinese apps like TikTok as done by India, US National Security Advisor said. India last month banned 59 Chinese apps, including TikTok and UC Browser, saying they were prejudicial to the sovereignty, integrity and security of the country.
The Australian Youngster Leading Singapore’s Exciting Cricket Rise
Young Australian batsman Tim David has starred for Singapore and helped the Southeast Asian nation become one of the most improved cricket nations.
Warning over farmers’ ‘overreliance on China’ as the country scoops up 78% of Australian wool
Representatives from Wool Producers Australia said only two per cent of Australia’s fleece remains in the country, with China snapping up $3.2billion worth a year.
Apple and Ireland win appeal against the European Commission’s $15 billion tax ruling
The General Court of the European Court of Justice has annulled an EU decision that involved Apple’s subsidiaries in Ireland. Four years ago, the European Commission said that Ireland had failed to collect €13 billion in taxes from Apple — roughly $15 billion. According to the press statement, “the Commission did not succeed in showing to the requisite legal […]
Graphcore unveils new GC200 chip and the expandable M2000 IPU Machine that runs on them
There is a lot riding on the use of artificial intelligence technology to help us take giant leaps ahead in solving complex challenges — whether it’s medical breakthroughs, building better cybersecurity, or better navigation systems for cars and other moving objects. But the more advanced the application, the bigger the need for hardware that can […]
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