The coronavirus-contaminated United Kingdom is among the least able to afford the economic carnage that would surely come with another national shutdown, new research showed this week, as parts of the country including London were walloped with fresh restrictions on Thursday.
October 16,2020
The UK recovery has been placed on ice already by fresh government restrictions on activity, according to Capital Economics, although the risk is that further measures are implemented in the coming weeks and send the economy into reverse during the final quarter.
October 14,2020
The Eurozone outlook darkened in October according to respondents in the latest Lebnitz Centre for European Economic Research (ZEW) survey, who flagged the coronavirus and uncertainty about the outcomes of Brexit trade talks and the U.S. election for more downbeat views on Europe's prospects.
October 13,2020
Britain's labour market showed signs of life in September but not enough to reverse the damage done by earlier coronavirus containment efforst and with the economy now slowing again as more virus-related restrictions come into effect, some economists are warning of a perfect winter storm ahead.
October 13,2020
The UK economy grew slower than was expected in August even after being boosted by Chancellor Rishi Sunak’s innovative Eat Out to Help Out scheme, Office for National Statistics (ONS) data showed Friday, leading economists to warn of a bleak winter period ahead in which the recovery risks going into reverse.
October 9,2020
The Turkish economy could face insurmountable hurdles to securing much-needed foreign investment if allegations of cooked national books prove to be well founded, according to analysts at Commerzbank, which would further encourage the depreciation pressures that pushed the lira to new lows against major currencies on Thursday.
October 8,2020
The UK hospitality sector could see revenues fall by nearly three quarters in areas that are subjected to any new Alert Level 3 restrictions or so-called circuit breaker 'lockdown' in the coming months, new research from Deutsche Bank suggests, which would likely further constrain the UK's economic recovery.
October 7,2020
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