Get back to the office! Dominic Raab urges workers to return to get the economy ‘firing on all cylinders’ again… as new figures show just one in SIX are back in the workplace Dominic Raab has urged workers to return to the office where safe to do so He said it would help the economic … Read more
UK economy set for ‘incomplete V-shaped’ recovery from coronavirus crisis with a bounce back stalling at the end of 2020 because of rising unemployment, predicts Bank of England policymaker Bank of England expert Silvana Tenreyro said UK recovery could be ‘incomplete’ Rising unemployment at end of 2020 could cause economy bounce back to stall Continued … Read more
Shares slid today as grim economic figures showed the UK’s recovery from lockdown could be slower than hoped. Official figures showed GDP grew by 1.8 per cent in May – but it is still nearly a quarter lower than before the draconian coronavirus restrictions were imposed. The rise was also far smaller than some economists … Read more
JEFF PRESTRIDGE: Chancellor Rishi Sunak has done his bit to help save the economy, now we must all do ours, too By Jeff Prestridge for The Mail on Sunday Published: 21:57 BST, 11 July 2020 | Updated: 22:40 BST, 11 July 2020 Nobody can fault the Government – and Chancellor Rishi Sunak especially – for … Read more
Consumer spending jumps 22 per cent as lockdown is lifted providing much-needed boost for the economy The economy has been lifted by several lockdown restrictions, new data says Spending in UK high street shops has risen by 11 per cent compared to last week The amount of money collected by hit the £210million mark on … Read more
Will it work? And who will pay? Those are the two questions raised by Rishi Sunak’s summer package to boost the economy. The answer to the first is: to some extent yes, but that depends on a lot of other factors. And to the second it is: all of us, either as taxpayers or savers. … Read more
Raft of key figures set to be released highlighting economic turmoil wrought by coronavirus crisis By Dan Atkinson, Financial Mail on Sunday Published: 21:55 BST, 11 July 2020 | Updated: 22:55 BST, 11 July 2020 A raft of key figures will be released this week highlighting the economic turmoil wrought by the coronavirus crisis. Employment … Read more
Labour leader Keir Starmer calls for jobs to be protected with a ‘back-to-work budget’ as coronavirus crisis batters the economy Sir Keir Starmer said Labour would not let workers pay for the COVID-19 crisis The Labour leader also described the Government’s pandemic response as slow He was speaking at an online broadcast of the annual … Read more
The coronavirus pandemic and measures to slow its spread cost the global economy $3.8 trillion (£3 trillion), and put 147 million people out of work, a new study shows. In the first work to attempt to quantify the impact of the pandemic, researchers from the University of Sydney created a detailed model of the global … Read more
ALEX BRUMMER: Forget the snarling from the Left, bringing the economy back is a priority not being shirked The Bank of England’s Andy Haldane has underlined his faith in a ‘V’ shaped recovery The Chancellor is under some pressure to cut VAT By Alex Brummer for the Daily Mail Published: 22:00 BST, 3 July 2020 … Read more