Goldman, Citi, HSBC Halt U.K. Office Return on Johnson Plea

(Bloomberg) — Banks from Goldman Sachs Group Inc. to Citigroup Inc., and HSBC Holdings Plc have hit pause on plans to return workers in London after Prime Minister Boris Johnson appealed to Britons to work from home to help tame a resurgent coronavirus.



a statue in front of a building: A pedestrian crosses a bridge in view of the new European headquarters of Goldman Sachs Group Inc. in London, U.K., on Friday, April 20, 2018. Foreign investors are less worried about the impact of Britain's exit from the European Union than they were a year ago, Association of Foreign Investors in Real Estate Chairman Edward M. Casal said in a statement, referring to London's jump from third to first place in an annual survey of real estate investors.


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A pedestrian crosses a bridge in view of the new European headquarters of Goldman Sachs Group Inc. in London, U.K., on Friday, April 20, 2018. Foreign investors are less worried about the impact of Britain’s exit from the European Union than they were a year ago, Association of Foreign Investors in Real Estate Chairman Edward

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The US has lost jobs since Trump took office, but so have many other countries

The Labor Department reported that the U.S. added 1.37 million new jobs in August, while the unemployment rate dropped below 10% for the first time since the pandemic took hold.

“This is a very deep scar to the labor market” noted Gregory Daco, chief U.S. economist at Oxford Economics, “one that will take years to recover, not months.” The U.S. still has a total net loss of 11.5 million jobs since March.

Democrats have been broadening the argument even further by repeatedly noting that not only are jobs down since the February, they’re also down since President Trump took

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