News Round-Up
2 June 2025
Hamit Coskun Convicted After Burning Koran in Public
2 June 2025
by Will Jones
A new lockdown analysis by David Campbell and Kevin Dowd, entitled "The Abandonment of Good Government in the COVID-19 Crisis” has been published in the Studies in Applied Economics series from Johns Hopkins University.
The smoking-costs-us folk seem to forget that we all die, even non-smokers. The facts about the health-care cost of smoking are in fact the opposite of the common preconception.
The Institute of Economic Affairs has calculated that the Government's expected 'Plan B' restrictions could cost the British economy £4 billion per month.
A leaked Government report has concluded that vaccine passports will be counterproductive in preventing the transmission of Covid while bringing economic harm.
One in 16 U.K. firms could close in the next quarter, according to a new study that suggests a million jobs are at risk as lockdown support schemes come to an end.
More than £2 billion has been splashed by the Government on PPE that was so useless it could not be used in the NHS – five times higher than initial official estimates.
The continuation of social distancing and other restrictions means around four million fewer pints will be sold in pubs during the Euro 2020 final on Sunday as pubs across the country struggle to break even.
50,000 more young people are already out of work compared to pre-lockdown levels, and the IFS says that a further 350,000 people aged 19 to 24 could lose their jobs in the coming months as the furlough scheme winds down.
Lockdown has spelt the end for Gap's time on the British high street, with the clothing retailer announcing the closure of all its 81 stores in the U.K. and Ireland due to "market dynamics". Over 1,000 jobs will be lost.
The economy shrank by 1.6% in the first quarter, more than was previously thought, as ONS data shows that the real GDP level is now 8.8% lower than its pre-lockdown level.
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