London is creeping back to work, but the scars will last a while. All giant cities will be damaged, for they are centres for the entertainment and hospitality industries as well as transport hubs. So New York and Paris will be damaged too. But there are troubling reasons to suspect that the London economy may … Read more
We have to get back to work – but the Government’s plan for how we should do so will only be part of the story. The key thing here is that the speed of the recovery matters much more than the depth of the slump. Last week, the Bank of England forecast that this year … Read more
The dividend drought has begun. For people who rely on dividends for their income, either directly or indirectly through their pensions, the past three or four weeks have been a catastrophe. Share prices may have clambered back some 20 per cent from their lows of March 23, when the FTSE100 index dipped below 5,000 – … Read more
People are getting back to work. The Government will update its guidance as to what we should and should not do, but already within the present guidelines more and more companies are opening up. But only some can. What business needs now is clarity. Construction is in the vanguard of the march back. Persimmon, the … Read more
HAMISH MCRAE: We may not have coped with the coronavirus downturn very well, so now we have to manage the upturn better By Hamish Mcrae, Financial Mail On Sunday Published: 21:52 BST, 18 April 2020 | Updated: 22:28 BST, 18 April 2020 We may not have coped with the downturn very well, so now we … Read more