Activity in the UK's prime property market - that is defined as the market for residential property with a value in excess of £1m - remains subdued, but prices appear to have found a floor.
June 8,2020
The UK economy continues to recover from the depths it plunged during the strict covid-19 lockdown, according to economists at Barclays.
June 8,2020
The UK furlough scheme for employees and its equivalent for the self-employed are costing HM Treasury one percent of annual economic output per month, newly released figures showed this week, explaining concerns about the budget deficit as well as nascent and forthcoming government efforts to wind it down.
June 8,2020
American welfare claims rose further last week despite a widespread view that the bottom of the coronavirus-splattered economic trough was seen in April and suggesting that U.S. unemployment climbed deep into the second quarter, but there was a silver lining in the small print as well as in downwardly-revised GDP figures.
May 28,2020
The UK economy suffered a 18.1% plunge in retail sales in the month of April, a record collapse but one that is hardly surprising given the scale of the economic shutdown enforced by the government in its effort to stop the spread of covid-19.
May 22,2020
The UK Government borrowed a staggering £62.1BN in April as it raced to support an economy brought to its knees by an enforced shutdown to stop the spread of covid-19.
June 8,2020
The Eurozone economic recovery began in May with the gradual easing of 'lockdown' restrictions, IHS Markit surveys of purchasing managers in the manufacturing and services sectors suggested on Thursday, although the speed at which economies return to normal levels of output remains uncertain.
June 8,2020
Page 120 of 209
