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Saturday, September 26, 2020
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CATEGORY

ECONOMY

Sunak sets out coronavirus support for ‘viable’ jobs

The resurgence of coronavirus poses a threat to the UK’s “fragile” economic recovery, the UK chancellor Rishi Sunak warned as he confirmed plans for...

Bank of England to hold rates as UK economy rebounds

The Bank of England is expected to leave interest rates on hold at the historic low of 0.1 per cent on Thursday as the...

Why is the market still going strong? – Opinion

All before September 1st, the headlines displayed praise for the market's outstanding numbers. Companies have crushed their earnings reports, and it seems like no...

US economy shrank at record-breaking 33% rate during second quarter

The US economy shrank at a dizzying 32.9 per cent annual rate in the second quarter – by far the worst quarterly plunge ever. The...

Stores may become private housing following closures

John Lewis is considering turning empty stores into private housing to help drive growth. This follows and announcement from UK Prime Minister Boris Johnson last...

UK borrowing hits record £128bn amid Covid-19 lockdown

The UK's borrowing rocketed to a record £127.9 billion (€142 billion) in the first quarter of the financial year due to soaring spending at...

BBC to reduce pool of presenters and make more job cuts in news

The BBC has announced plans to reduce its pool of presenters and make further job cuts in its news division. The broadcaster, which celebrates its...

Britain heads for sharpest economic slump of major economies in Covid-19 storm

Britain will suffer the sharpest peak-to-trough economic slump of any major economy this year, rating agency Moody’s has warned, and ramp up national debt...

EU forecasts deeper economic hit from coronavirus pandemic

The European Union’s executive arm has forecast that the bloc’s economy will contract more than previously expected because of the coronavirus pandemic. The 27-nation EU...

UK unemployment rate could hit 15% after second Covid wave, OECD warns

Nearly one in seven people in the UK might be unemployed by the end of this year if a second wave of the pandemic...

Latest news

Johnson calls for increased unity among world leaders to tackle Covid-19

UK Prime Minister Boris Johnson has criticised the lack of joined-up thinking from countries around the world in fighting coronavirus, as he called on...

Bruno Fernandes on the spot late on as Brighton pay the ultimate penalty

Bruno Fernandes converted a penalty deep into added time as Manchester United snatched a dramatic 3-2 win from an incident-packed encounter at Brighton. Fernandes coolly...

10 people arrested at central London anti-lockdown demonstrations

UK Police have confirmed 10 people had been arrested and four officers injured following clashes at anti-lockdown demonstrations in central London. Thousands of people massed...

Breonna Taylor’s family demand release of body camera footage

Breonna Taylor’s family have demanded Kentucky authorities release all body camera footage, police files and the transcripts of the grand jury hearings that led...

Hundreds of anti-coal protesters break into German mine

Hundreds of anti-coal activists have entered a mine in western Germany to protest against the continued extraction and use of fossil fuels. Environmentalists object to...
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