A ray of sunlight peeped through the clouds hanging over the UK's battered economy when survey data showed that activity is picking up once more, leading to hopes that the worst of the lockdown-induced slump is now in the past.
May 21,2020
The scale of the UK's economic crisis was laid bare on Tuesday after 857K more people applied for unemployment benefits in April, which makes for the largest spike in claims since records began in 1971.
May 19,2020
The shape of the UK's post-Brexit trade regime with the rest of the world became cleared on Tuesday after the Department for International Trade revealed a trade tariff schedule they believe will knock £30BN off existing tariffs once the UK leaves the EU.
May 19,2020
The UK economy experienced a record breaking slump at the end of the first-quarter as the effort to contain the coronavirus closed down what is thought to be around a quarter of its production capacity, although the steepest falls in output are expected in the second quarter.
June 8,2020
U.S. job losses neared 35 million in early May, Department of Labor data showed Thursday as Minneapolis Federal Reserve Bank President Neel Kashkari warned that accounting funnies could impact Friday's payrolls report more than usual.
May 7,2020
The Bank of England have said the UK economy is likely to contract by 25% quarter-on-quarter in the April-June period, but a sharp recovery should transpire once covid-19 restrictions are lifted.
May 7,2020
Economists at investment bank Morgan Stanley have said they see the coronoacrisis economic slump as being deeper than they originally anticipated, with only a partial bounce back occurring in 2021.
May 4,2020
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