Plus, how the virus will change the property market
| Calls grow to scrap two-metre distancing |
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| Firms 'can't cope with virus and no deal' |
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| It might seem like a different lifetime when anxiety over a no-deal Brexit dominated the news. But the prospect looms at the end of the year, if the UK does not agree a trade deal with the EU. Talks broke up last week, and the Confederation of British Industry's boss tells the BBC her members could not withstand the additional disruption of leaving the EU without an agreement over future trade. Dame Carolyn Fairbairn says reserves companies built up to cope with the additional cost of a no-deal Brexit have been exhausted by the pandemic. "The resilience of British business is absolutely on the floor," she says. "The firms that I speak to have not a spare moment to plan for a no-trade-deal Brexit." The government says it wants an agreement and is working hard to accelerate talks but insists that, "whatever happens", the UK will leave at the end of the year. | |
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| Lockdown radicalisation concern |
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| | | | | With massive unemployment, wage cuts, business failures, and job uncertainty, many people are likely to be cautious about making the biggest investment of their lives - buying a home. Normally that leads to falling house prices, and during the last recession and credit crunch that is what we saw in the UK, US and many other countries.
In the UK, the Nationwide house price index for May showed that prices fell 1.7% from the previous month, the largest decline for 11 years. But as Robert Gardner, the Nationwide's chief economist, points out, "there are some signs this is starting to stabilise". | |
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| | Jonty Bloom | Business reporter, BBC News | |
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| | | | The declaration that people living alone can form a "support bubble" by staying with another household prompts joy on some front pages. For the Times, it means "children to be reunited with grandparents at last". The Daily Express sees a "lockdown lifeline for the lonely". Meanwhile, the Metro declares: "Crack open the bubbly! Singletons can hook up at last." Boris Johnson is under pressure to relax the two-metre social distancing rule next, says the Daily Mail. According to the Daily Telegraph, the PM plans to scrap it by September at the latest, to allow schools to reopen fully for the new academic year. Meanwhile, the Guardian focuses on the former government adviser's evidence to MPs that the number of coronavirus deaths in the UK could have been halved, had ministers introduced lockdown a week earlier. The remarks came as a report suggested the UK was likely to be the hardest hit by Covid-19 among major economies, notes the Financial Times. Read the review. | |
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| One thing not to miss today |
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| Need something different? |
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| With Black Lives Matter protests provoking continued debate over the presence in our cities of statues of men linked to the slave-trade, academics Marenka Thompson-Odlum and Sir Geoff Palmer discuss what should happen to them. A month ago, five experienced surfers died when they were overcome by freak foam conditions in the Dutch surfing captial, Scheveningen. Anna Holligan describes how it has stunned the beach community. And Chewing Gum writer and actor Michaela Coel tells Newsbeat why using her experience of sexual assault in writing her new BBC One drama, I May Destroy You, was "cathartic".
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