07 April 2020 Coronavirus Economic Slump Will be Worse than the Great Depression: Capital Economics

Economists at independent research house Capital Economics have looked at the latest surveys of the economy and concluded the current slump in UK economic activity will be greater than that experie…

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06 April 2020 Boost for SME's as Bank of England says Coronavirus Lending Scheme to Come Online Earlier than Expected

The Bank of England has revealed that its flagship lending scheme aimed at supporting UK Small and Medium Enterprises through the coronavirus crisis will be made available from April 15, which is e…

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03 April 2020 UK Government Boosts Loan Support to UK Businesses

The Chancellor of the Exchequer Rishi Sunak has announced further action to support firms affected by the coronavirus crisis by bolstering business interruption loans for small businesses and annou…

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02 April 2020 The Peak in Surging U.S. Welfare Claims is Still Some Way Off say Economists

New U.S. welfare claims rose by a record clip last week, according to Department of Labor figures, which puts the world's largest economy on course for a double-digit unemployment rate and huge fal…

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02 April 2020 Damage to Global Economy Keeps Growing thanks to Ineffective Policy Responses to Spread of Coronavirus

Economists at Bank of America Merrill Lynch (BofA) have advised clients they have yet again had to slash their forecasts for the global economy, blaming "the lack of an effective policy response to…

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02 April 2020 Surge in UK Unemployment Underway as DWP Reports 950K New Benefit Claimants in Just Two Weeks

The labour market is crumbling as coronavirus containment efforts drive a sharp spike in job losses that could have lifted the unemployment rate as much as three percentage points over the last for…

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01 April 2020 ISM Survey Offers Fool's Gold to Investors as Oil Inventories Paint Bleak Picture of Outlook

A widely watched and highly influential Institute for Supply Management (ISM) survey of the U.S. manufacturing sector offered up fool's gold to investors on Wednesday just ahead of an oil inventori…

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