UK quarterly borrowing hits record high
Craig TaylorThe government borrowed £127.9bn between April and June, the peak of the coronavirus pandemic. BBC News – Business
Business
TikTok’s UK headquarters in doubt amid US pressure
Uncertainty over the Chinese video sharing app comes as tension mounts between the UK and China. BBC News – Business
World faces staggering jobs challenge, says Microsoft president
A quarter of a billion people are set to lose their job this year, Microsoft’s president tells the BBC. BBC News – Business
UK sees spike in IT job advertisements as lockdown eases
Despite rising unemployment numbers, some sectors are still seeing a demand for new workers. BBC News – Business
KFC, Nandos and Pret lower prices after VAT cut
Starbucks and McDonald’s also say they will cut prices after the chancellor’s VAT reduction. BBC News – Business
McDonalds Slashes Food Prices
jordonc ✅McDonalds food prices are set to be reduced by around 10% on select items, after MP Rishi Sunak announced there will be a cut in VAT for all food and beverage businesses. Reductions are applied on certain meal bundles and classic McDonald’s menu items like the Big Mac, Quarter Pounder with Cheese and six Chicken…