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The Economic Cost of Another National Lockdown Close to 5% of GDP says Economist

  • Written by Gary Howes

Covid lockdowns impact on Economy

More of the UK is set to enter harsh 'tier 3' lockdowns and even full lockdowns over coming days and weeks according to local news organisations at the start of the new week, confirmation that pressure on the UK's economy is set to intensify.

Read more: The Economic Cost of Another National Lockdown Close to 5% of GDP says Economist

October ZEW Survey Warns On Eurozone Outlook as Virus Spreads, Restrictions and Brexit Loom

  • Written by James Skinner

The Eurozone outlook darkened in October according to respondents in the latest Lebnitz Centre for European Economic Research (ZEW) survey, who flagged the coronavirus and uncertainty about the outcomes of Brexit trade talks and the U.S. election for more downbeat views on Europe's prospects. 

Read more: October ZEW Survey Warns On Eurozone Outlook as Virus Spreads, Restrictions and Brexit Loom

New Restrictions Loom Over London as Research Shows UK Can Ill Afford another ‘Lockdown’

  • Written by James Skinner

The coronavirus-contaminated United Kingdom is among the least able to afford the economic carnage that would surely come with another national shutdown, new research showed this week, as parts of the country including London were walloped with fresh restrictions on Thursday. 

Read more: New Restrictions Loom Over London as Research Shows UK Can Ill Afford another ‘Lockdown’

September's Rise in Joblessness the Calm before Storm as Turmoil Awaits in Final Quarter 

  • Written by James Skinner

Britain's labour market showed signs of life in September but not enough to reverse the damage done by earlier coronavirus containment efforst and with the economy now slowing again as more virus-related restrictions come into effect, some economists are warning of a perfect winter storm ahead.

Read more: September's Rise in Joblessness the Calm before Storm as Turmoil Awaits in Final Quarter 

UK Economy "On Ice" as Restrictions Threaten to Send Recovery into Reverse - Capital Economics

  • Written by James Skinner

The UK recovery has been placed on ice already by fresh government restrictions on activity, according to Capital Economics, although the risk is that further measures are implemented in the coming weeks and send the economy into reverse during the final quarter. 

Read more: UK Economy "On Ice" as Restrictions Threaten to Send Recovery into Reverse - Capital Economics

August’s GDP Miss Warns of Grim Winter Ahead as Wheels Risk Falling Off UK Economic Recovery 

  • Written by James Skinner

The UK economy grew slower than was expected in August even after being boosted by Chancellor Rishi Sunak’s innovative Eat Out to Help Out scheme, Office for National Statistics (ONS) data showed Friday, leading economists to warn of a bleak winter period ahead in which the recovery risks going into reverse. 

Read more: August’s GDP Miss Warns of Grim Winter Ahead as Wheels Risk Falling Off UK Economic Recovery 

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Spanish Mortgage Specialists Mortgage Direct Secure Spanish Licence

Mortgage Direct - a Spanish mortgage broker specialising in the provision of mortgages for expats - have confirmed they have secured their Spanish license.