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

Over 10 million unemployed Americans might not get their previous jobs back according to the latest labour market report which shows the rapid recovery in employment witnessed over recent months is now at risk of stalling, leading some economists to say the need for another round of fiscal stimulus is becoming acute.

October 2,2020

Emerging market debt is a bubble destined to burst. Local accommodative monetary policies are increasing financial leverage without providing concrete solutions to the economic recession.

October 1,2020

Savers could be facing an perpetual ice age of zero interest rates as policymakers covet a return of long-lost inflation pressures, European Central Bank (ECB) President Christine Lagarde hinted on Wednesday. 

September 30,2020

The UK economy contracted by less than was expected in the second-quarter, the Office for National Statistics (ONS) revealed on Wednesday but with the government withdrawing financial support while tightening restrictions on activity, the data offers little consolation to the bruised economy ahead of a likely bleak winter. 

September 30,2021

The Lira rallied further on Friday after regulators relaxed restrictions on currency transactions following a surprise interest rate rise from the central bank, although analysts say the road toward stability is a long one and that rate setters will need to go further to prevent fresh losses befalling the Lira.

September 25,2020