Women are a rarity at the highest level of economic policy-making in Britain. There has still never been a female Chancellor, although Labour’s current shadow Anneliese Dodds would like to change that. And the current group in the top jobs at the Bank of England are an old boys club. So it is hugely fascinating … Read more
Digital technology investment could boost the economy by £232bn over the next 20 years, research finds Tech investment in health and social care alone could add £33bn to UK GDP Starting investment early could add £74billion to Britain’s economy by 2025 Covid-19 has accelerated flexible working and the delivery of digital services By Harry Wise … Read more
The UK looks set to avoid a double-dip recession after it was announced today that the economy stayed in positive territory in the final quarter of 2020. GDP grew by 1 per cent in the fourth quarter, better than some experts had expected. There have been fears that another recession is looming, after the historic … Read more
Australia has become the new Hollywood during the Covid-19 pandemic as major movie studios relocate their productions Down Under. And a new report suggests the influx of famous actors and filmmakers filming projects here is expected to inject more than $1.47billion into Australia’s economy. The suite of locally produced blockbusters has also created more than … Read more
Rishi Sunak was today warned that hiking taxes too early risks wrecking the fledgling economic recovery as a think-tank said the UK faces the biggest hit in the G7 The respected NIESR urged the Chancellor to be cautious in his Budget next month, despite hints that he intends to start repairing the battered public finances. … Read more
China was the first country in the world to be struck by coronavirus and its economy is the first to recover. It expanded by 6.5 per cent in the final quarter of 2020, making it one of the few countries to be able to chalk up growth for the year. Industrial production drove the revival, … Read more
China was the world’s only major economy to have grown in 2020 with all others suffering Covid-related recessions By Hugo Duncan for the Daily Mail Published: 21:51 GMT, 18 January 2021 | Updated: 21:51 GMT, 18 January 2021 China looks set to be the only major economy in the world to have grown last year … Read more
China‘s economy grew by 2.3 per cent in 2020, official figures revealed today, making the the country where the pandemic began the only major economy to grow at all last year while the rest of the world was ravaged by Covid-19. After allegedly covering up the outbreak in its early stages, China brought the epidemic … Read more
ALEX BRUMMER: Economy will remain under restrictions until Easter, but quicker it is brought back, faster tax revenues will flow back to Exchequer The damage to output turns out to be far less than most forecasters predicted Chancellor Rishi Sunak should avoid a Covid measures cliff-edge on March 31 The expensive furlough scheme, the VAT … Read more
Rishi Sunak warns of ‘harder’ times to come with UK on track for double-dip recession despite signs of resilience with GDP only falling 2.6 per cent during second coronavirus lockdown in November GDP fell again in November as the four UK nations imposed fresh restrictions Brought an end to six consecutive months of recovery for … Read more