Fans of the steamy BBC dealing room drama Industry will be less than impressed at the flimsy evidence on which multi-million-pound trades on foreign exchange markets are made. A combination of guile, instinct and, occasionally, hard data drives trends. Currency dealers may have little more direct insight as to what is going on in the … Read more
SAGE, Number 10’s Scientific Advisory Group for Emergencies, estimates the R number across Britain is between 0.9 and 1.0, having risen from 0.8 and 1.0 a week ago The UK’s coronavirus reproduction rate has risen for the first time since October, according to the Government’s scientist — but official data shows infections fell again in … Read more
London shares hit a nine-month high as FTSE 100 rises by 0.9% or 60 points to 6,550 amid hopes coronavirus vaccine will help business bounce back (but will there be a ‘Santa Rally’?) FTSE 100 rose by nearly 1 per cent to its highest level since March 5 yesterday The rise took gains since the … Read more
Rapid economic recovery next year could allow Rishi Sunak to delay tax rises until 2022, ministers hope Chancellor Rishi Sunak refused to commit to the Tories’ triple tax lock Senior Treasury ministers are waiting until the end of the coronavirus pandemic A source told The Telegraph tax rises would not come any time soon Mr … Read more
Britons face £46billion of tax rises and spending cuts to start getting the government’s spiralling debt under control, the Treasury watchdog warned today. In a bloodcurdling assessment of the situation, the Office for Budget Responsibility said state borrowing is expected to hit £394billion this year as the coronavirus wipes 11.3 per cent off GDP. The … Read more
Stock market creeps up 0.49% or 31 points to 6,382 after Oxford and AstraZeneca announce vaccine success with Boris Johnson set to reveal details of new Covid winter battle plan later today City awaits Boris Johnson’s plans for a strengthened three-tier system of rules FTSE 100 index of Britain’s leading firms up by 0.49% or … Read more
BREAKING NEWS: NYC public schools will CLOSE tomorrow as infection rate approaches 3% and Cuomo warns he will also shut down gyms and indoor dining if it keeps going up By Jennifer Smith For Dailymail.com Published: 18:59 GMT, 18 November 2020 | Updated: 19:29 GMT, 18 November 2020 Advertisement Public schools in New York City … Read more
Loneliness in UK rises to highest level since start of Covid pandemic as figures show 4.2million people feel alone and isolated – compared to 2.6million in March The start of November saw 4.2 million adults always or often lonely, ONS reveals This represents the peak in levels of acute loneliness since the March lockdown Before … Read more
BUSINESS LIVE: Inflation rises to 0.7%; RSA Insurance agrees takeover; Halfords profits more than double By This Is Money Published: 08:10 GMT, 18 November 2020 | Updated: 08:19 GMT, 18 November 2020 The FTSE 100 is expected to start the morning on the retreat as worries over the growing infection rate across Europe and the … Read more
JEFF PRESTRIDGE: The British economy needs a shot in the arm to recover from coronavirus, not tax rises By Jeff Prestridge for The Mail on Sunday Published: 21:50 GMT, 14 November 2020 | Updated: 23:16 GMT, 14 November 2020 As pandemic’ weeks go – and boy have I had enough of them to last me … Read more