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Under-35s bearing brunt of jobs crisis

Head of economics at the British Chambers of Commerce, Suren Thiru, said:  "Unemployment remains on course to peak towards the end of 2021, once the furlough scheme expires and those who stopped job hunting during the pandemic look to return to the workforce as...

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Bank of England to consider digital money plan

It would basically be a digital version of sterling, backed by the Bank of England, that could change the payments system, the plumbing of the financial system. It would not be a Bitcoin-style speculative asset with wild fluctuations in value. But there will be...

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How cancer put me off joining Amazon union

Darryl Richardson voted for the union. But while trying to persuade others, he realised Amazon's messaging was working: "They were scared that healthcare was going to be taken away. That's why a lot of them voted "no" against the union. We got the outcome we have now...

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TUI says summer holiday season can be saved

In the past year, TUI has been forced to borrow billions from the German government just to stay afloat. But analysts have warned that in the wake of the crisis, the part-nationalised firm may struggle to compete against leaner rivals, as the industry reels from more...

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Grab set for $40bn valuation in US share listing

"We've already seen this movie - how profit and growth has unfolded in the US, China, Europe and Latin America and we're now seeing that and better in South East Asian markets." he said in a presentation for investors, in which he compared Grab to "Uber, Doordash plus...

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Covid accelerates India’s millionaire exodus

According to Mr Volek, the pandemic could be a game changer, because it is making the wealthy think about migration in a more holistic fashion. It is no longer just about visa-free travel, or ease of access to global markets, but about wealth diversification, better...

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EasyJet: Two test travel rule is too expensive

Scientists and ministers recently warned that holidays to destinations such as France, where Covid cases are rising, are "unlikely". But Mr Lundgren said: "There's a huge amount of pressure building up now in these countries to get going and make sure they can follow...

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