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Monday, March 30, 2020
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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...

Half a million people infected worldwide as economic toll rises

The human and economic toll of the lockdowns against coronavirus mounted as Italy shut down most of its industry, and more than three million...

Brexit Secretary unmoved on calls to extend transition timetable

A British Cabinet minister has insisted the UK Government will stick to its Brexit timetable after facing calls to guarantee the UK will leave...

Weighing the economic senarios post-Brexit

Afolabi Thomas Business Editor & Economic Analyst As we move closer to January 31st, the British public as well as their European counterparts plan on how...

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...

German exports to UK drop again in first seven months of 2019

Germany’s exports to the UK have dropped 4.6% in the first seven months of 2019 compared with a year earlier. The decline continues a downward...

UK productivity drops at fastest pace for five years

Britain’s productivity has fallen at the fastest annual pace in five years in a sign that Brexit uncertainty is compounding an already weak spot...

Houses are cheaper, but still not enough buyers

The UK housing market value is determined by the number of residential property transactions. This is deduced by the number of property prices and...

Gove refuses to say if Government would abide by legislation blocking no deal

British cabinet heavyweight Michael Gove has refused to confirm the UK Government would abide by legislation blocking a no-deal Brexit if it is forced...

Donald Trump calls on US Federal Reserve to cut interest rates

Donald Trump has called on the Federal Reserve to cut interest rates by at least a full percentage point “over a fairly short period...

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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