{"id":9277,"date":"2024-08-28T13:00:54","date_gmt":"2024-08-28T13:00:54","guid":{"rendered":"https:\/\/news.godj.com\/news\/bank-of-england-ready-to-act-as-economy-shrinks-record-20\/"},"modified":"2024-08-28T13:00:54","modified_gmt":"2024-08-28T13:00:54","slug":"bank-of-england-ready-to-act-as-economy-shrinks-record-20","status":"publish","type":"post","link":"https:\/\/news.godj.com\/news\/bank-of-england-ready-to-act-as-economy-shrinks-record-20\/","title":{"rendered":"Bank of England &#8216;ready to act&#8217; as economy shrinks record 20%"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Sophie Lawler&#8217;s 17 health clubs remain closed to their 100,000 members in the north of England and Wales. And like the rest of the fitness sector, she has no idea when she might get the green light to reopen.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;The whole sector has struggled financially, and may do so for years to come,&#8221; she said. &#8220;The industry is shouldering quite some rental burden, costs we still incur even while we&#8217;re closed.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Furloughing has been vital, she says, but she&#8217;d like the government to do more &#8211; perhaps in the form of VAT exemptions or more support for leaseholders.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Despite the uncertainties, however, she thinks the sector will weather the storm. &#8220;In terms of demand, we will do pretty well when we get through to the other side of this.&#8221;<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/business-53019360?at_medium=RSS&#038;at_campaign=KARANGA\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sophie Lawler&#8217;s 17 health clubs remain closed to their 100,000 members in the north of England and Wales. And like the rest of the fitness sector, she has no idea when she might get the green light to reopen. &#8220;The whole sector has struggled financially, and may do so for years to come,&#8221; she said. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9278,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55],"tags":[4790,1026,540,278,646,1061,4791],"class_list":["post-9277","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-trade","tag-act","tag-bank","tag-economy","tag-england","tag-ready","tag-record","tag-shrinks"],"_links":{"self":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/9277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/comments?post=9277"}],"version-history":[{"count":1,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/9277\/revisions"}],"predecessor-version":[{"id":9279,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/9277\/revisions\/9279"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/media\/9278"}],"wp:attachment":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/media?parent=9277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/categories?post=9277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/tags?post=9277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}