OECD upgrades UK growth predictions to 5.1% this year

OECD upgrades UK growth predictions to 5.1% this year amid surging vaccine rollout but says the EU won’t see as much benefit as its jabs lag behind By James Tapsfield, Political Editor For Mailonline Published: 14:54 GMT, 9 March 2021 | Updated: 14:54 GMT, 9 March 2021 The OECD has sharply upgraded growth forecasts for … Read more

US death toll could reach 731K by April 1 if states ease mandates, latest IHME predictions show

New projections from a leading coronavirus model predict that up to 731,000 Americans could die of COVID-19 by April 1 if states begin to lift their mandates around masks and social distancing. The University of Washington’s Institute for Health Metrics and Evaluation (IHME) released its latest projections for COVID-19 deaths, showing that the death toll … Read more

Saxo Banks reveals ‘outrageous predictions’ for 2021

An Amazon ‘buyout’ of Cyprus, the demise of fake news and the widespread adoption of universal basic income are among a bank’s ‘outrageous predictions’ for 2021 which it says are ‘unlikely but underappreciated’.  Denmark’s Saxo Bank says the list of ten potential shocks to the market is an ‘exercise in considering the full extent of … Read more

Average 2025 wages to be £1,200 a year lower than prior predictions

The Covid-19 pandemic will hit the average worker’s pay packet by £1,200 by 2025, analysis by a think tank has revealed today. A report published by the Resolution Foundation has hinted the pandemic will have a lasting impact on the finances of individual Britons, alongside damaging public economics. Here Today, Gone Tomorrow says that by … Read more

Five predictions for investors over the next 10 years

‘We overestimate the change that will occur in the next two years and underestimate the change that will occur in the next 10 years.’ In the quote above Bill Gates has perfectly summed up 2020 from an investor’s point of view. The disruption caused by Covid-19 has created investor panic all over the globe. Markets … Read more

Democrats face tough questions after predictions come up short

Republicans are on track to keep control of the Senate which, if Joe Biden wins the White House, could make him a lame duck president from day one. As Senate leader, Mitch McConnell would control what comes to the chamber floor for a vote, a powerful position that would allow him to stymie Biden’s agenda.  … Read more