When we Empower women, we all win

In 1959 contraception was finally made available to unmarried women in the UK, Helen Brook a family planning pioneer said “To think that at last women could be in charge of themselves, decide for themselves. Women were really going to be free.” Six decades later are women really free as pay inequality is entrenched in…

£105m to support rough sleepers

Councils and charities in England have called for help to ensure people did not have to return to the streets when hotels reopen on 4 July, will be given an extra £105m to support rough sleepers put up during lockdown. Thousands of rough sleepers were housed in hotels and B&Bs as coronavirus hit. The government…

Promoting the elite at the expense of the workers

Trade conflicts caused by governments promoting the interest of the elite at the expense of workers. Across the world, the rich have prospered while workers can no longer afford to buy what they produce have lost their jobs, or have been forced into higher levels of debt. The class wars of rising inequality are a…

Rishi Sunak extends the furlough scheme until October

Chancellor Rishi Sunak announced the UK furlough scheme to pay wages of workers on leave because of coronavirus has been extended to October. He further said the government-backed workers and companies going into the lockdown, and would support them coming out and confirmed that employees will continue to receive 80 per cent of their monthly…

Coronavirus: 3.5 m infected and 250, 000 dead worldwide

Protective screens and reduced hot-desking alternatives to social distancing where it is not possible are among measures being considered to let workplaces reopen. Reopening the economy will take more than modified working practices. Workers must be confident they are safe. Companies must be confident they won’t be sued if they get it wrong. And consumers…

Primark and Premier Inn lineup state loans

  FTSE100 giants Whitbread and Associated British Foods today lined up loans from the government as they handle mass  store, hotel and restaurant closures. ABF which owns Primark which shut 186 stores,  and Premier Inn owner, Whitbread  who had been forced to shut 800 hotels, both said  the Bank of England have confirmed they are…

IMF earmakrs $50bn in emergency funding

The IMF has earmarked $50bn in emergency financing for countries stricken by a coronavirus, as the fund said the outbreak had forced a cut to its forecast for global economic growth. According to Kristalina Georgieva, IMF managing director, adverse scenarios about the spread of the virus and how it would affect the global economy were…

Soft Bank’s $100bn vision fund

Rajeev Misra, , a London-based banker and the head of Soft Bank’s $100bn Vision Fund has lined up millions of dollars outside investment for a new hedge fund style vehicle, to pursue complex bets on publicly traded companies., with able support from Abu Dhabi’s state fund Mubadala, which in turn has helped to instil interest…