25 March 2020 UK Inflation Dips in February but Belies Steep Falls Ahead as Coronavirus Impact Crystalises

Inflation ticked lower in February thanks to a fall in energy and food price growth, according to Office of National Statistics data released Wednesday, but it's tipped by economists for steep fall…

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24 March 2020 U.S. Economy Forecast to Shrink 17.7% in Second Quarter, Economists say No Swift Recovery

The impact of the global coronavirus pandemic is expected to see the U.S. economy shrink 17.7% in the second quarter of 2020 and lead to a surge in unemployment, according to economists at independ…

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24 March 2020 Global Foreign Exchange Market Activity Surges: CLS

CLS has reported a surge in activity in global foreign exchange markets in February 2020, a development that appears linked to the increase in market turmoil triggered by the global spread of the c…

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24 March 2020 UK Economy Suffers "Severe Blow" Due to Coronavirus Shutdowns: IHS Markit

The UK economy suffered a sharp decline in activity in March, according to the first tangible set of economic data covering the advent of the coronavirus crisis.

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24 March 2020 PMI Data Shows Collapse in Eurozone Economic Activity in Response to Coronavirus Shutdown

The Eurozone economy has slipped into a deep contraction according to PMI data for March, which shows efforts to curb the spread of the coronavirus has had a particularly detrimental impact on the …

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20 March 2020 Government Throws Kitchen Sink at Coronavirus Crisis by Offering to Guarantee All Salaries

The UK government has for the first time in history it will step in and help pay people’s wages as a result of the economic slump caused by the coronavirus outbreak, and there is no limit on the am…

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17 March 2020 Sunak Fires Fiscal Bazooka to Support Coronavirus-hit Economy

The UK Treasury has arranged £330BN worth of guaranteed loans to be made available to UK businesses in order to cope with the coronavirus crunch, which is equivalent of 15% of UK GDP.

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