There has been an increase in the number of companies considering laying off staff and freezing wages in order to safeguard working capital over coming months, according to the latest Lloyds Busine…
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Activity in the UK's prime property market - that is defined as the market for residential property with a value in excess of £1m - remains subdued, but prices appear to have found a floor.
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The UK economy continues to recover from the depths it plunged during the strict covid-19 lockdown, according to economists at Barclays.
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The UK furlough scheme for employees and its equivalent for the self-employed are costing HM Treasury one percent of annual economic output per month, newly released figures showed this week, expla…
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American welfare claims rose further last week despite a widespread view that the bottom of the coronavirus-splattered economic trough was seen in April and suggesting that U.S. unemployment c…
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The UK economy suffered a 18.1% plunge in retail sales in the month of April, a record collapse but one that is hardly surprising given the scale of the economic shutdown enforced by the government…
Read more … →The UK Government borrowed a staggering £62.1BN in April as it raced to support an economy brought to its knees by an enforced shutdown to stop the spread of covid-19.
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