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UK

UK shopper numbers show a huge pent-up demand

LONDON (UK) – The number of British shoppers in early June indicate “a huge amount” of pent-up demand amongst consumers for shopping in physical stores as the coronavirus lockdown is eased, industry data showed on Monday. Britain went into lockdown on March 23 to slow the spread of the pandemic, with all retail stores deemed […]
UK

Construction in UK crash eases only partially in May

LONDON (UK) – The unprecedented slump in Britain’s construction industry caused by the coronavirus lockdown eased only partially in May, according to a survey that showed that building companies remained downbeat about their future. The IHS Markit/CIPS UK Construction PMI rose to 28.9 from April’s record low of 8.2, still a long way below the […]
UK

UK cautious on lockdown easing; following scientific advice

LONDON (UK) – British Business Secretary Alok Sharma announced that the British government is being cautious on the coronavirus lockdown easing following scientific advice. This statement comes after criticism that the government has received from a few epidemiologists of renown. “Of course scientific advice does differ but I think the key point is what is […]
Europe

Pope Francis: People more important than the economy

VATICAN CITY (Europe) – Pope Francis said on Sunday that people are more important than the economy, as countries decide how quickly to reopen their countries from coronavirus lockdowns. Francis made his comments, departing from a prepared script, at the first noon address from his window overlooking St. Peter’s Square in three months as Italy’s […]
Europe

Lockdown in Spain to be extended up to 21st June

BARCELONA (Europe) – Spain’s prime minister said on Sunday he will ask parliament to agree to a last two-week extension of the state of emergency lockdown until 21st June, after which the government will no longer restrict citizens’ movements, newspaper El Pais reported. Pedro Sanchez told regional government leaders during a video-conference meeting that