The UK faces plunging into its first double-dip recession since 1975, with the latest lockdown expected to cost almost £400million per day. Output in the first quarter of this year will be £24.57billion lower than it would have been without the third national lockdown, a think-tank warned yesterday. The Centre of Economics and Business Research … Read more
Britain is the world’s fifth-largest economy again after overtaking India despite being in the grip of deep recession during coronavirus pandemic League table produced by Centre for Economic and Business Research (CEBR) UK is set to push further ahead of seventh-placed France in decade after Brexit Climb back up league table is despite fall in GDP … Read more
My heart sank to my boots at the news this weekend that all of London and most of the south-east of England, as well as cities such as Portsmouth and Peterborough, were being plunged with almost immediate effect into the most draconian restriction tier yet. Be under no illusions. For many tens of thousands of … Read more
Lockdown will claim the equivalent of 560,000 lives because of the health impact of the ‘deep and prolonged recession it will cause’, expert warns Studies show link between country’s wealth and life expectancy of its citizens ‘Long, drawn-out flat slump’ likely caused by lockdown will reduce person’s life Rising life expectancy stalled in some countries … Read more
Bank of England to print an extra £100bn worth of cash as double-dip recession looms By Lucy White For The Daily Mail Published: 21:51 GMT, 4 November 2020 | Updated: 21:51 GMT, 4 November 2020 The Bank of England is set to step up its money printing programme by another £100billion today as Britain careers … Read more
Britain on brink of double-dip recession because Covid restrictions are ‘squeezing activity’, economists warn By Daily Mail City & Finance Reporter Published: 21:50 GMT, 25 October 2020 | Updated: 21:50 GMT, 25 October 2020 Britain is on the brink of a double-dip recession because Covid restrictions are ‘squeezing activity’, economists warn. They predict a GDP … Read more
Roxy Jacenko reveals how she plans to survive the coronavirus recession – as PR agencies struggle to stay afloat By Ali Daher For Daily Mail Australia Published: 00:00 BST, 5 October 2020 | Updated: 00:00 BST, 5 October 2020 Sydney’s PR queen Roxy Jacenko is facing an uphill struggle to keep her Sweaty Betty empire … Read more
Radio silence: Nova is the latest network to axe hosts – as the company ‘reviews’ the business amid the coronavirus recession By Zoe Burrell For Daily Mail Australia Published: 00:24 BST, 9 September 2020 | Updated: 00:24 BST, 9 September 2020 Last month, Southern Cross Austereo axed 19 regional breakfast programs in response to the … Read more
Supermarket giant Morrisons is poised to slash the price of hundreds of products as the industry braces for a major price war this autumn. The chain will tomorrow cut prices by an average of 23 per cent on 400 products, including fruit and vegetables, meat, poultry, bread, breakfast cereal, rice, toilet rolls and cleaning products. … Read more
Covid plunges Australia into recession for first time in 30 years as pandemic paralyses business activity By Daily Mail City & Finance Reporter Published: 21:51 BST, 2 September 2020 | Updated: 22:18 BST, 2 September 2020 Australia is in recession for the first time in almost 30 years after coronavirus curbs paralysed business activity. Data … Read more