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…
Read more … →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…
Read more … →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…
Read more … →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…
Read more … →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…
Read more … →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…
Read more … →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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