A survey of the UK economy in October points to a rapid slowdown in activity in the wake of fresh regional lockdowns.
October 23,2020
HM Treasury won plaudits Thursday for revamping new support schemes for jobs and businesses undermined by government restrictions, but even this may not be enough to prevent a winter spike in unemployment and wave of company failures, suggesting more action could yet be necessary.
October 22,2020
A leading online jobs portal is reporting a jump in job application volumes, confirming economist expectations for a surge in unemployment at the end of the month when the government's Jobs Retention Scheme (JRTS) ends.
October 21,2020
The ONS reports the UK's debt pile expanded by a further £36.1BN in September 2020 as the UK Government borrowed significant amounts to fund the associated costs of locking down the country to try and prevent the spread of covid-19.
October 21,2020
The closing of the Eat out to Help out scheme at the end of August resulted in a jump in monthly inflation in September, but price rises are still well below trend and suggest the Bank of England has scope to ease monetary policy further.
October 21,2020
UK and EU trade talks look set to continue after the EU made a notable overture to the UK on Monday, in an effort to intensify negotiations.
October 19,2020
More of the UK is set to enter harsh 'tier 3' lockdowns and even full lockdowns over coming days and weeks according to local news organisations at the start of the new week, confirmation that pressure on the UK's economy is set to intensify.
October 19,2020
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