Bank of England official says outlook for economy is rosier than first thought By Daily Mail City & Finance Reporter Published: 21:55 GMT, 26 March 2021 | Updated: 22:18 GMT, 26 March 2021 The outlook for the economy is rosier than first thought, a Bank of England official has said. Michael Saunders told guests on … Read more
British economy bounces back from the pandemic with fastest growth since August By Lucy White For The Daily Mail Published: 21:50 GMT, 24 March 2021 | Updated: 21:50 GMT, 24 March 2021 Business activity is growing at the fastest rate in seven months as Britain’s economy bounces back from the pandemic. Despite the continuing lockdown, … Read more
Each day of lockdown is costing the economy more than £500million, according to research for the Daily Mail. The Centre for Economics and Business Research found that output is £521million a day lower than it was before the pandemic. One in four businesses remains closed and six million workers are on furlough. As well as … Read more
The appalling cost of a year of draconian Covid restrictions and lockdowns is laid bare today. On the eve of the anniversary of Boris Johnson‘s original ‘stay at home’ order, in-depth analysis by the Mail shows the sheer extent of the economic, social, educational and healthcare damage. Pandemic measures are costing £500million a day in … Read more
George Clooney and Julia Roberts Just last week, it was revealed that Clooney and Roberts would film rom-com Ticket to Paradise. The production has received $6.4million from the Australian government as part of a location incentive program. In return, the film is expected to bring $47million to the local economy and create more than 270 … Read more
UK economy is a ‘crouching-tiger’ on course for a ‘rapid-fire recovery’ after lockdown restrictions ease, Bank of England chief economist says as officials raise growth forecasts Andy Haldane, a famous optimist, delivered his upbeat verdict at a talk today Came as central bank forecasts suggested growth will pick up amid reopening Previously blasted doom-mongers, for … Read more
Britain faces another tax hike due to a £4billion black hole in Rishi Sunak‘s Budget spending plans, an influential think tank warned today. The Institute for Fiscal Studies said the shortfall for the 2022−23 financial year went ‘entirely unmentioned’ in the Chancellor’s speech to the Commons on March 3. If the spending plan is followed … Read more
US economy set to roar back to life this year, declares Federal Reserve… but central bank chief insists that interest rates will not rise until 2024 By Mark Shapland For The Daily Mail Published: 22:00 GMT, 17 March 2021 | Updated: 22:33 GMT, 17 March 2021 The US economy is set to roar back to … Read more
BOOK OF THE WEEK LIFE AFTER GRAVITY: ISAAC NEWTON’S LONDON CAREER by Patricia Fara (OUP £25, 288pp) So who exactly was Sir Isaac Newton? Legend has it that he invented the catflap, although this is much argued over by historians. In his year as an MP, he spoke only once in the House of Commons, … Read more
Greensill collapse sends shockwaves through the economy: 3,000 steel jobs at risk as Gupta defaults and is left facing a funding crisis By Lucy White For The Daily Mail Published: 22:15 GMT, 8 March 2021 | Updated: 22:15 GMT, 8 March 2021 A specialist lender advised by David Cameron has crashed into administration. Lawyers for … Read more