Hammerson shop rent takings down two thirds

Hammerson, one of Britain’s biggest shopping centre owners, was paid only about a third of the quarterly rent it was due last week as cash-strapped retailers struggled to survive the coronavirus crisis. Lockdown to spell disaster for thousands of pubs, restaurants and shops The company, which owns the Bullring in […]

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Coronavirus forces economics profession to leave comfort zone

With the coronavirus devastating one economy after another, the economics profession – and thus the analytical underpinnings for sound policymaking and crisis management – is having to play catchup. Of particular concern are the economics of viral contagion, of fear and of “circuit breakers”. The more that economic thinking advances […]

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Hong Kong to Provide Second Round of Financial Aid to Companies

Hong Kong’s government will introduce a second round of financial assistance for businesses affected by the novel coronavirus outbreak, according to Chief Secretary Matthew Cheung. The subsidies from the Epidemic Prevention Fund would aim to protect workers, Cheung wrote in a blog Sunday that didn’t provide details of the plan […]

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