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Monday, April 6, 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

Three deaths from cruise ship docked in Miami

Three people have died after travelling on a cruise ship with coronavirus patients that has docked in Florida, authorities said. Two people were reported dead...

New York coronavirus deaths climb as Trump sees ‘light at end of tunnel’

Coronavirus deaths in New York state climbed to nearly 4,200 as US President Donald Trump said his country was “starting to see light at...

Taliban claim peace deal with US in Afghanistan is being violated

The Taliban said their peace deal with the United States was nearing a breaking point, accusing Washington of violations that included drone attacks on...

Airline Norwegian hit by 61% fall in passenger numbers in March

Airline Norwegian suffered a 61% drop in demand last month. The budget carrier said it carried 1.2 million passengers in March, compared with 3 million...

Tiger at zoo in New York tests positive for coronavirus

A tiger at the Bronx Zoo has tested positive for coronavirus, in what is believed to be the first known infection in an animal...
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