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Monday, March 30, 2020
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CATEGORY

ECONOMY

IMF head says global economy is in recession

The head of the International Monetary Fund (IMF) has said the global economy has entered a recession that could be worse than the 2009...

Bank of England governor vows on first day to take prompt action on Covid-19

The new governor of the Bank of England has started his first day in the job vowing to take “prompt action again” to deal...

UK best placed to cope with economic impact of coronavirus – British Chancellor

Britain's Chancellor Rishi Sunak and the Bank of England have moved to bolster the UK economy against the impact of coronavirus, with measures promised...

Economists in Britain hail ‘robust’ jobs market despite stalling economy

Economists have hailed a “remarkably robust” set of UK labour figures despite the economy stalling at the end of last year. New figures from the...

UK economy stagnates in British election months

The UK economy flatlined in the last three months of the financial year in line with expectations, as the country went to the polls,...

Bank of England delivers Brexit-eve growth downgrades, but holds rates on signs of pick-up

The Bank of England has delivered a blow on the eve of Brexit by slashing its growth forecasts for the next three years, but...

Bank of England to make ‘knife-edge’ rates decision amid cut speculation

Bank of England policymakers will gather for a “knife-edge” decision on interest rates this Thursday following recent speculation a cut may be on the...

Construction sector declines amid political uncertainty and pre-election caution

The UK construction sector “sharply” declined last month on the back of political uncertainty and subdued demand ahead of the general election, according to...

Surging pound up 1.29% against the euro on election result

The City reacted positively as the Conservatives romped home to the biggest majority since 1987 but warned clarity was now needed on the future...

US and China near deal that would suspend planned tariffs

The Trump administration and China are expected to announce a modest trade agreement on Friday that would suspend tariffs that are due to start...

Latest news

Pre-recording UK Labour victory speech will be bizarre, says Rebecca Long-Bailey

UK Labour leadership hopeful Rebecca Long-Bailey has confirmed that all candidates are to pre-record a victory speech ahead of the winner being announced. The shadow...

Number of coronavirus deaths in Scotland rises to 41

A further coronavirus patient in Scotland has died, bringing the total number of deaths to 41, the Scottish Government has announced. In total, 1,384 people...

British light-heavyweight Anthony Yarde says his father died from coronavirus

Anthony Yarde’s father has died of coronavirus, the British light-heavyweight has said. The 28-year-old fighter, who said his father had been “fit with no health...

Spain and Italy demand EU help over coronavirus

Spain and Italy demanded more European help as they fight still-surging coronavirus infections amid the continent’s worst crisis since the Second World War. In the...

Son Heung-min and Steven Bergwijn return to home countries

Tottenham forward Son Heung-min has returned to South Korea with the Premier League season on hold due to the coronavirus pandemic. Son, who is recovering...
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