Britain's labour market was in rude health early in the New Year before the coronavirus cropped up in Wuhan, although with the deadly viral pneumonia now in three quarters of the world's countries including the United Kingdom, the economy is now widely expected to suffer a recession this year.
March 17,2020
The government’s maiden budget has been widely credited with backstopping the economy against a mounting coronavirus crisis while also positioning the UK for faster growth in future years, but it’s met with a mixed reaction from currencies and economists alike, who’re increasingly making their views known.
March 12,2020
Despite an array of surveys suggesting the UK economy bounced back strongly in January, largely as a response to the decisive outcome of the December General Election, official data out Wednesday suggests a very limited pick up in activity.
March 11,2020
The UK economy ground to a halt in January, Office for National Statistics data revealed on Wednesday, raising pressure on government to support growth in its first budget due to be announced later in the morning.
March 11,2020
Oil prices can fall significantly lower according to economists at global investment bank MUFG who have reacted to the surprising outcome of Friday's OPEC+ that saw oil producers fail to agree a deal on production cuts.
March 9,2020
The economic impact to the world's economy from the coronavirus is likely to last for a number of months with some economists saying a recovery to economic activity is only likely in the second half of 2020, meanwhile central bank interest rate cuts are unlikely to help warns a note City economist.
March 6,2020
The United Nations reports that the slowdown of manufacturing in China due to the coronavirus (COVID-19) outbreak could result in a $US50 billion decrease in exports across global value chains.
March 6,2020
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