The latest official economic data from the ONS shows the UK economy grew 6.6% in July, meaning by at this point half the economic output lost during the lockdown had been recovered, and the third quarter would likely see a record reading for GDP growth.
September 11,2020
The UK economy is estimated to have grown 7% in July by economists at Deutsche Bank, which means the economy will have recovered about 88% of its pre-lockdown size.
September 7,2020
The Prime Minister's office is reported to only see a 30-40% chance of a post-Brexit trade deal being agreed with the EU before the end of 2020, a number that is well below that assumed by financial markets.
September 4,2020
The UK economy is underperforming that of the Eurozone and the U.S. courtesy of poor policy decisions, says a new briefing from Berenberg Bank.
September 4,2020
The EU's Chief Negotiator Michel Barnier has given an update on the state of play in EU-UK Brexit trade negotiations, confirming that there has been little progress in the core areas of fishing rights, the 'level playing field' provisions and future governance.
September 3,2020
Two new cases of covid-19 reinfections have been reported on Tuesday, August 25, a development that could become increasingly important to global financial markets.
August 25,2020
Public debt surpassed £2 trillion in the UK during July even as borrowing came in below market expectations, leaving the government on course for a record deficit that economists say could constrain Chancellor Rishi Sunak's ability to assist the economy in the autumn budget.
August 21,2020
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