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UK puts military on standby to tackle damaging fuel crisis

Lorry drivers shortage in the uk

Bloomberg The UK officially put the military on standby to help deliver supplies to gasoline stations in an effort to stem a crisis that’s engulfed Prime Minister Boris Johnson’s government. A “limited number” of army tanker drivers will be trained up in case they’re needed, the Department for Business, Energy and Industrial Strategy said. Non-military holders of specialized licenses that ...

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Spain to extend furlough programme

Bloomberg The Spanish government has reached a deal with unions and trade groups to extend its furlough program until February 28 next year. The current job-saving scheme will be replaced in November with a new plan that gives employers more benefits if they provide training to workers, according a Labour Ministry statement. Meanwhile, the Bank of Spain expects inflation to ...

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US household net worth hits record on home values

Newsom signs laws to ease california housing crisis

Bloomberg US household net worth surged to a fresh record in the second quarter as Americans enjoyed an ebullient stock market and largest-ever increase in value of their real estate holdings. Household net worth increased by $5.8 trillion, or 4.3%, to $141.7 trillion in the second quarter, a Federal Reserve report showed. The advance included a $3.5 trillion gain in ...

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