Uncertainty about the length of the path back to the pre-coronavirus economy is tempering the outlook for the housing market, which suffered a fourth consecutive price decline last month even though values continued to rise over the year to June, according to the latest Halifax House Price Index.  

July 7,2020

UK economy recovery coronavirus

Economists are warning that covid-shy UK consumers could look be inclined to save more of their money over coming weeks and months, potentially jeopardising the UK's economic recovery.

July 7,2020

Table of growth forecasts

Growth forecasts for the EU and Eurozone have been cut further by the European Commission, who have said the region's exit from lockdowns had been slower than anticipated in the second quarter.

July 7,2020

Barnier

The EU's Chief Brexit negotiator Michel Barnier has updated media following the latest round of EU-UK trade negotiations, revealing little has been achieved.

July 2,2020

Johnson furlough

UK Prime Minister has confirmed the Government's furlough scheme - the flagship policy in its fiscal fight against the covid economic slump - won't be extended beyond October, but Capital Economics say the unemployment rate should be less than previously feared.

July 2,2020

The UK economy faces a long and winding road to recovery that still leaves it poorer next year than it was heading into 2020, the latest Bank of England (BoE) decision maker survey suggests, even in the absence of any second wave of coronavirus infections in the autumn. 

July 2,2020

Barnier

The EU's Chief Negotiator Michel Barnier warned financial services firms based in the UK that they should make rapid preparations to ensure they are ready for the loss of passporting rights into the EU come January 01.

June 30,2020

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