U.S. job losses neared 35 million in early May, Department of Labor data showed Thursday as Minneapolis Federal Reserve Bank President Neel Kashkari warned that accounting funnies could i…
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The Bank of England have said the UK economy is likely to contract by 25% quarter-on-quarter in the April-June period, but a sharp recovery should transpire once covid-19 restrictions are lifted.
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Economists at investment bank Morgan Stanley have said they see the coronoacrisis economic slump as being deeper than they originally anticipated, with only a partial bounce back occurring in 2021.…
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We’ve seen a tale of two halves for equities. It started on a strong note but markets fell back towards week-end and are down again today.
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The confidence levels amongst the Chief Financial Officers of the UK's largest companies has plummeted to the lowest levels ever recorded by the Deloitte CFO survey due to the covid-19 pandemic and…
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The U.S. economy experienced a historic contraction at the hands of the coronavirus in the first-quarter, with gross domestic product falling further than markets had anticipated and potentially po…
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The UK Government has initiated a new loan scheme for businesses in response to evidence that measures already undertaken have largely failed to support businesses in a rapidly imploding economy.
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