The first official data showing the economic impact of the covid-19 lockdown crisis has been released, and the numbers are worse than economists had been expecting.
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The coronavirus cost mounted further in early June as the bill for supporting companies topped two percent of GDP and the 'lockdown' used to contain the pneumonia-inducing disease reduced household…
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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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