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Friday, April 3, 2020
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CATEGORY

ECONOMY

Virus deaths and unemployment accelerate across Europe and US as cases pass 1m

Coronavirus deaths have mounted with alarming speed in Spain, Italy and New York, the most lethal hotspot in the United States, as figures show...

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...

Latest news

Virus deaths and unemployment accelerate across Europe and US as cases pass 1m

Coronavirus deaths have mounted with alarming speed in Spain, Italy and New York, the most lethal hotspot in the United States, as figures show...

US moves to promote broader use of face masks to combat coronavirus spread

The US Government is formalising new guidance to recommend that many Americans wear face coverings in an effort to slow the spread of the...

Rapper Tekashi 6ix9ine released from US prison as coronavirus precaution

US rapper Tekashi 6ix9ine has been freed from a New York prison because his asthma puts him in danger of catching coronavirus, authorities have...

Putin orders most Russians to stay off work until end of April

President Vladimir Putin has ordered most Russians to stay off work until the end of the month to curb the spread of the coronavirus. Speaking...

‘Quarantine Radio’ is in full effect

Quarantine! Quarantine! Quarantine! This global lockdown has created a lot of boredom for many, but some are finding new ways to be creative using the...
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