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UK unions challenge Johnson’s move to end Covid rules

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  Bloomberg UK trade unions are challenging plans by Boris Johnson to end Covid-19 regulations in England, saying the prime minister should put public health first. The Trades Union Congress (TUC), an umbrella group for British unions representing more than 5.5 million people, said that the government should first commit to improving sick pay and supporting people with weakened immune ...

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Germany spent $48 billion to protect jobs from Covid fallout

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Bloomberg Germany spent about 42 billion euros ($48 billion) on a program to secure jobs threatened by the coronavirus pandemic. A government program to pay most of an employee’s wages when they can’t work because of operational issues like lockdowns was worth the cost, Germany’s Labor Minister Hubertus Heil said in an interview with Tagespiegel. “The alternative — namely allowing ...

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US retail sales jump most in 10 months

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  Bloomberg US retail sales rebounded by more than forecast with the biggest gain since March, as Americans kept spending through a Covid-19 spike and hot inflation to help drive the economic recovery. The value of overall purchases rise 3.8% in January after a downwardly revised 2.5% drop in the prior month, Commerce Department figures showed. The median estimate in ...

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