The 10 richest men in the world have seen their global wealth double to $1.5tn (£1.01tn) since the start of the global pandemic following a surge in share and property prices that has widened the gap between rich and poor, according to a report from Oxfam
The charity said the incomes of 99% of the world’s population had reduced from March 2020 to October 2021, when Elon Musk, the founder of the electric car company Tesla, and the other nine richest billionaires had been collectively growing wealthier by $1.3bn a day.
It is estimated that by 2030, 3.3 billion people will be living on less than $5.50 per day
The government has announced that social distancing can be reduced from two to one metre but only if measures are in place to mitigate the risk. Examples of measures that can be used to mitigate the risk include, consider if the activity needs to continue, working back to back or side to side, screens being fitted to protect workers, only working together at less than two metres apart for short periods and reducing the number of people each person has contact with.
From 1 July onwards the government will be introducing a flexible furlough scheme which will apply to all those who were placed on the existing scheme on or before June 10th.
Working from home
Whatever happened to free market solutions? Since the dark days of Thatcherism, we have been told that the state is inefficient and things should be left to the free market. Yet here we are in the middle of the coronavirus crisis and free market solutions are nowhere to be seen. Instead, it has been the state that has been forced to step in and prevent the economy and society from collapsing amid the chaos of an out of control pandemic.
A week after the closure of all hospitality business, the workers of Pub Invest Group from Liverpool got bad news.
Abusive men are using coronavirus as an excuse for domestic violence, campaigners have warned, as horrifying new figures reveal men are killing women and girls at a rate of almost one a day since the lockdown began. This represents a doubling of the average rate of deaths and highlights the extreme danger faced by women and girls trapped in the same house as violent partners and other male relatives.