during the pandemic, many workers from overseas left the united kingdom to return home. it hit the hospitality sector, as we have reported, extensively but also other sectors such as food processing, logistics construction. it is a long list. the problem now could come about, could about to become worse because as you have heard eu citizens living in the uk have until tonight to apply to stay or to lose their rights under post brexit rules introduced by the government. more than 5.6 million applications have been received but around 400,000 cases are still waiting to be processed. some businesses are warning there is already a skills shortage and this could make it a lot worse. richard halpin is chief executive of home serve, relying on workers to provide a vast array of services such as kitchen fitting, electricity
For investors everywhere, 2020 has been a year like no other, mostly delivering a series of heavy body blows which has made investing in stock markets occasionally look like an activity reserved solely for the impetuous or just plain crazy.
Thousands of companies, large and small, have suffered irreparable damage; many have gone bust. The list of names to have disappeared from the high street makes for sombre reading: Oasis, Debenhams, Beales, Laura Ashley, Antler, DW Sports and Bensons for Beds, among others.
Away from the retail sector, hotels and airlines continue to struggle; the International Air Transport Association (IATA) expects the industry to “bleed between $5-$6 billion per month” throughout next year. It doesn’t expect passenger traffic to return to 2019 levels before 2024.