02 July 2020 Johnson Won't Extend Furlough, but UK Employment Slump Won't be as Hard as Previously Feared says Capital Economics

UK Prime Minister has confirmed the Government's furlough scheme - the flagship policy in its fiscal fight against the covid economic slump - won't be extended beyond October, but Capital Economics…

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02 July 2020 UK Economy: Bank of England Survey Hints at Long Road to Recovery 

The UK economy faces a long and winding road to recovery that still leaves it poorer next year than it was heading into 2020, the latest Bank of England (BoE) decision maker survey suggests, even i…

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30 June 2020 Barnier Tells UK Firms to Get Prepared for Loss of EU Financial Passports

The EU's Chief Negotiator Michel Barnier warned financial services firms based in the UK that they should make rapid preparations to ensure they are ready for the loss of passporting rights into th…

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30 June 2020 Pub and Restaurant Openings to Add "Further Impetus to Spending" and Economic Recovery says Bank of England's Haldane

The UK economy is currently experiencing a v-shaped recovery, that should be reinforced by a surge in consumer spending when pubs and restaurants open up on July 04, says the Bank of England's Chie…

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30 June 2020 UK Economy's Road to Recovery Grows Longer after GDP Downgrade 

Britain's road to recovery may have grown longer on Tuesday and the bill for the damage done by the coronavirus larger after the Office for National Statistics (ONS) revised its estimate of fi…

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26 June 2020 'Stimulus Cheques' Not Enough to Backfill U.S. Coronavirus Crater in Spending

American consumer spending rose from reduced levels in May but the recovery was weaker than economists had hoped for and incomes fell after so-called stimulus cheques shrank last month. 

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23 June 2020 UK's Economy at a Turning Point after June PMI Data Shows "Vastly Improved Overall Picture"

The UK economy appears to have reached a nadir in June, according to flash PMI data released on Tuesday that came in well ahead of analyst expectations.

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