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Former Aer Lingus chief calls for quarantine to be replaced by test before flying

The former boss of Aer Lingus has demanded that the self-isolation requirement in Ireland and the UK for international arrivals is replaced by Covid-19...

Libyan oil production resumes amid peace talks between rival factions

Libya’s national oil company announced it was resuming production at the country’s largest oil field as rival officials from eastern and western Libya began...

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...

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...

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