The UK economy is predicted to descend into one of the world’s worst recessions according to leading economists. The coronavirus pandemic caused the UK economy to descend into its biggest slump over a three-month period on record. But how is the recession likely to impact you? The UK was the hardest hit by COVID-19 among … http://dlvr.it/RfbJgW
THE UK ECONOMY has been hard hit by the coronavirus pandemic and many are likely to feel the impacts of financial strife for several months, potentially even years to come. http://dlvr.it/RfWDfp
Miriam Brett and Lauria Macfarlane have just published a significant report for Common Wealth (a ‘think-tank for the future’) outlining that, although we face an economic crisis and cli… http://dlvr.it/RfRb7F
The coronavirus is a classic negative “exogenous shock,” an unforeseen event that hits the economy from outside and pushes it into recession. On closer inspection, many such shocks turn out to be “endogenous,” that is, arising from the internal workings of the system. The Global Financial Crisis felt like an exogenous shock, but it was […] http://dlvr.it/RfMwr0
Embattled education secretary Gavin Williamson has defended a holiday he took just before the A-levels crisis erupted. Mr Williamson said he had been in Scarborough days before this year’s results http://dlvr.it/RfFlCZ
The publication of the annual GERS report this week is likely to be seized on by opposition parties critical of the SNP's economic case for independence. http://dlvr.it/RfFl3w
THE ECONOMY was handed a double boost yesterday as figures revealed the fastest growth in seven years - with retail sales also surging back to pre-pandemic levels. http://dlvr.it/Rf8VXH
British and European Union negotiators made scant progress towards a deal on future ties in talks this week, they said on Friday, and both sides voiced concern that time is running out to reach an agreement before an end-year deadline. http://dlvr.it/Rf5hvQ
RISHI SUNAK has been warned that if he doesn't adapt his financial policies, the pandemic's long term impact on the economy could wreak havoc for generations, an expert has gloomily warned. http://dlvr.it/Rf5htW
SCOTLAND has officially entered a recession after its GDP plunged by 20 percent - making its economy one of the worst performers in Europe during lockdown. http://dlvr.it/Rf11V1
Despite a tide of negative reporting, the UK’s overall strategy is clear and is having success. Economic policy has been well judged – in contrast to the EU and USA – and can pave the way for radical measures to boost the economy’s long term potential growth rate. I wager that the UK will be the fastest growing Western economy over the next five years. http://dlvr.it/Rdsrjg
Japan’s economy shrank by 28% between April and June, even worse than the UK, as the coronavirus pandemic hit the country hard. The drop was the worst since World War II. The previous worst post war http://dlvr.it/RdpJyJ
ANGELA MERKEL has been dealt a blow after economic experts warned of the potentially devastating negative consequences on German banks as the coronavirus crisis leaves its mark. http://dlvr.it/RdhdCq
Pure Electric has written to the Government asking for 'urgent action' to prevent the UK from being overwhelmed by a 'transport crisis' this autumn. | BikeBiz http://dlvr.it/RddKqd
The London Economic | If a trade deal is struck with Brussels, the OBR predicted a 5.2% loss of GDP over the next 15 years | Economics http://dlvr.it/RddKqW
Britain no longer has a Covid-free status to protect and therefore has far less to risk from opening up - but a great deal to gain http://dlvr.it/RdYcjy
After a spectacular crash in the second quarter, the UK economy is very weak. But I'd buy this FTSE 100 share for safety, high dividends, and growth.The post The UK economy has collapsed 20%, but I'd keep buying this safe FTSE 100 share! appeared first on The Motley Fool UK. http://dlvr.it/RdYcjn
The UK economy faces a long road back to pre-coronavirus levels after an unprecedented 20.4 per cent fall in output during the lockdown between April and June, economists have warned. http://dlvr.it/RdYcjM
The U.K.’s statistics agency is expected to declare the economy in recession on Wednesday, as the toll of the coronavirus crisis continues to deepen. http://dlvr.it/RdTtfW
SJP non-executive director had previously encouraged investment industry to exploit remote working changes #coronavirus #helenamorrissey http://dlvr.it/RdQ6kx
On Wednesday, it will become official. Most Britons have known since the moment prime minister Boris Johnson ordered the public to stay at home in March, that the economy would suffer greatly, but http://dlvr.it/RdQ6kb
At least 150,000 jobs have been cut or put at risk at more than 60 major British employers during lockdown and the pace has picked in recent weeks. http://dlvr.it/RdLT6p
When second-quarter GDP figures are published, it is expected to mark the first time since the financial crisis that they will show two successive quarters of decline - the definition of a technical recession. http://dlvr.it/RdLT6j
Data, both on the disease - suggesting a flat or declining infection rate - and the economy, points to a continued, sharp pickup in output http://dlvr.it/RdLT5C
The government has been urged to work with local government and devolved administrations to tackle surging unemployment expected to accompany the the post-lockdown economy – with regions of outer http://dlvr.it/RdGZty
Deputy Bank of England Governor for Markets and Banking, Dave Ramsden, iterated that his institution still has further stimulus for the British economy if it proves necessary. http://dlvr.it/RdCpw0
The Bank of England said it expected the downturn and jobs crisis triggered by the Covid-19 pandemic will not be as bad as it previously feared. http://dlvr.it/RdCpsb
European stocks edged lower on Thursday, as the Bank of England warned of a slower economic recovery from the COVID-19 crisis and investors digested a raft... http://dlvr.it/Rd885B
Britain's construction industry grew at the fastest rate in almost five years in July as business picked up after COVID-related shutdowns, survey data showed on Thursday, mirroring a rapid rebound in manufacturing and parts of the services sector. http://dlvr.it/Rd884R