Get a Brexit deal by December 31 or make Covid economic damage even worse, economists warn ministers

Britain’s coronavirus-ravaged economy will plunge even further if it fails to agree a Brexit trade deal with the EU, ministers were warned today. The Office for Budget Responsibility (OBR) said that UK GDP could fall an additional two per cent next year if no agreement is in place before December 31. This is on top … Read more Get a Brexit deal by December 31 or make Covid economic damage even worse, economists warn ministers

Pope urges economists to involve the poor in post-coronavirus rebuilding

Pope Francis hits out at ‘feverish consumerism’ and urges economists to involve the poor in post-coronavirus rebuilding Pope says the poor should have a say in making a ‘different economic narrative’ He urged economists to promote post-virus economic models involving the poor He recently highlighted how those on society’s margins are hit hardest by crisis … Read more Pope urges economists to involve the poor in post-coronavirus rebuilding

People working from home should be taxed to help fund lower income workers, economists say

People working from home should be taxed to help fund workers whose jobs are under threat, a new report has said. Economists from Deutsche Bank have suggested a tax of 5 percent of a worker’s salary is introduced if they choose to work from home. This tax would be paid for directly by employers with … Read more People working from home should be taxed to help fund lower income workers, economists say

Evidence pubs are a major source of Covid-19 transmission is ‘very weak’, economists claim

The Government’s assertion that 30 per cent of all coronavirus transmissions may be happening in pubs, bars, cafes and restaurants is based on ‘very weak’ evidence economists have said, after furious MPs accused ministers of ‘cobbling together’ the numbers to ‘justify’ their point of view. Experts from the Institute for Economic Affairs rubbished the official … Read more Evidence pubs are a major source of Covid-19 transmission is ‘very weak’, economists claim