Long-term competitiveness at risk if scheme ends for critical industrial sectors, says Make UK
Not all jobs can be saved, but a sudden crunch of layoffs would have multiplying effects
But ONS finds four in five businesses stating that their risk of closing down is low
Resolution Foundation claims half of those furloughed in April have not returned to work
Dealership sales driven by pent-up demand but outlook concerns linger
Rolling coverage of the latest economic and financial news, as Britain’s construction PMI slumps to a record low
- Latest: UK construction PMI falls to 8.2
- German factory orders plunged 15.6% in March
- Record fall in Eurozone PMI
- ITV ad revenues fall…but Ocado orders surge
- Coronavirus – latest updates
- See all our coronavirus coverage
Owners of telecoms giants set to team up and challenge major sector players