22 May 2020 Light at the End of the Tunnel for the UK's Shops, Following Record Plunge in Retail Sales in April

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 … →
22 May 2020 Government Borrowing Hits an Eye-Watering 62.1BN in April, the Highest monthly Figure Ever Recorded

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.

Read more … →
21 May 2020 Eurozone Recovery Began in May, PMI Surveys Show, but It's a Long Road Back into the Black

The Eurozone economic recovery began in May with the gradual easing of 'lockdown' restrictions, IHS Markit surveys of purchasing managers in the manufacturing and services sectors suggested on Thur…

Read more … →
21 May 2020 Economy Shows First Hints of Recovery as May UK PMIs Beat Expectations

A ray of sunlight peeped through the clouds hanging over the UK's battered economy when survey data showed that activity is picking up once more, leading to hopes that the worst of the lockdown-ind…

Read more … →
19 May 2020 Surge in Numbers Seeking Benefits Due to Job Losses and Falling Income

The scale of the UK's economic crisis was laid bare on Tuesday after 857K more people applied for unemployment benefits in April, which makes for the largest spike in claims since records began in …

Read more … →
19 May 2020 UK Reveals New post-Brexit Tariff Structure Aimed at Cutting £30BN in Import Taxes

The shape of the UK's post-Brexit trade regime with the rest of the world became cleared on Tuesday after the Department for International Trade revealed a trade tariff schedule they believe will k…

Read more … →
13 May 2020 UK Economy Sees Record-breaking Collapse in March but Worse Awaits in Second Quarter GDP Data

The UK economy experienced a record breaking slump at the end of the first-quarter as the effort to contain the coronavirus closed down what is thought to be around a quarter of its production capa…

Read more … →