Professor Lockdown stands by doomsday forecast that sent Britain into lockdown

One of Britain’s top Covid-19 experts has stood by his prediction that half a million people could have died without a lockdown. Professor Neil Ferguson, a former adviser to the Government before he resigned after breaking lockdown rules to meet his married lover, said his early model was actually an ‘underestimate’. Work he produced alongside … Read more

Electronic warfare equipment orders boost Chemring’s profit forecast

Chemring boosts profits outlook after strong orders for military technology and electronic combat systems Just over £450million in orders was received by the Romsey-based business  Chemring has borrowed £50m from the Covid Corporate Financing Facility  CEO Michael Ord: ‘We have good momentum as we near the end of FY20’ By Harry Wise For This Is … Read more

House prices forecast to fall 5% this year and 11% in 2021, Cebr warns

Property prices across the country are set to continue falling over the next couple of years despite Chancellor Rishi Sunak’s stamp duty cut, new research suggests. The Centre for Economics and Business Research has predicted that house prices will fall by 5 per cent this year and a further 10.6 per cent in 2021. The CEBR … Read more

How much are house prices forecast to rise near you over five years?

Property sales will slump more than previously expected and remain subdued into next year, estate agent Savills has warned, as it issued new house price forecasts.   Savills said it expected UK house prices to fall by about 7.5 per cent this year across the UK, with property values recovering at different rates of growth. While … Read more

Ugly FTSE 100 forecast of 16% fall in dividends this year

Income investors face a 16 per cent drop in dividends from Britain’s top companies this year as they attempt to weather the Covid-19 crisis, a new forecast shows. Nearly half of FTSE 100 firms have now cut or suspended shareholder rewards as the coronovirus pandemic takes a dramatic toll on business activity. The other half … Read more

DR JOHN LEE says ‘R’ rate is less reliable than a weather forecast

In the words of former Supreme Court Judge Lord Sumption, lockdown is without doubt the greatest interference with personal liberty in our history.  Since the end of March we have had our freedoms curtailed, our economy has been in freefall and our children have had their education stopped. As it stands, there is no clear end … Read more