The UK economy has shrunk by a greater amount than the United States and its major peers in the Eurozone, but the deeper decline could be matched by a greater vaccine-fuelled recovery in 2021 according to independent economic research house Capital Economics.
November 13,2020
The UK economy kept one foot in a proverbial grave last quarter when a record rebound proved unable to backfill the hole dug by the government in its coronavirus containment efforts, although even that tepid recovery now faces going into reverse due to the current quarter's lockdown.
November 12,2020
UK labour market statistics released on Tuesday reveal the economy shed 164K jobs in the three months to September, a figure that was worse than the -148K a survey of economists were expecting.
November 10,2020
The U.S.labour market defied expectations on Friday when Bureau of Labor Statistics data revealed further job gains that helped push the unemployment rate a full percentage point lower in October, but with political uncertainty rising and the coronavirus resurgent, the outlook has grown murkier already in November.
November 6,2020
The UK government's Treasury has announced the furlough scheme will now be extended until the end of March 2021 in order to provide certainty for businesses and employees.
November 10,2020
UK economic growth forecasts for the UK economy have been downgraded by the Bank of England, while pointing to a more gradual recovery in growth towards pre-Covid levels.
November 18,2020
The European Commission has released its latest economic forecasts for the EU, Euro Area and the UK, with projections built on an assumption the EU and UK will fail to strike a post-Brexit trade deal before year-end.
November 5,2020
Page 107 of 209
