21 September 2020 Lloyds, Barclays Accused of "Outrageous Failure" in Ditching Expat Bank Accounts

UK high street lenders have been accused of "outrageously failing" British expats living in Europe following weekend reports that they would be shutting down their accounts after the UK leaves the …

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17 September 2020 Eat Out to Help Out Lifts UK GDP 2.5% in August says Deutsche Bank

HM Treasury’s innovative Eat Out to Help Out scheme likely provided a meaningful boost to the economy in August, according to Deutsche Bank, although its expiry and statistical base effects could m…

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17 September 2020 "Investors Should be Scared" of Fed's "Mouse Trap" says Saxo Bank

Powell's dovish message is bad news for the market says Althea Spinozzi, Fixed Income Specialist at Saxo Bank, who says the Fed is dragging us towards unsustainable levels of corporate debt and eve…

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16 September 2020 Underwhelming U.S. Retail Sales Show Washington’s Boots Too Large For Households to Fill Alone

Retail sales figures underwhelmed for the month of August on Wednesday, casting a shadow over the outlook for recovery in the world’s largest economy after Washington lawmakers’ pre-election politi…

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16 September 2020 Help Out to Eat Out Sends Inflation Plummeting

Falling demand for international travel and the Eat Out to Help Out scheme meant prices in the UK fell 0.4% between July and August, according to the ONS.

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15 September 2020 "Brutal Period of Redundancies" Ahead: Economist Reactions to UK Employment Data

The UK reported better than expected headline employment figures on Tuesday, however economists remain overwhelmingly of the opinion that the labour market will deteriorate significantly into year-…

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14 September 2020 UK has Preordered Five Covid-19 Vaccine Doses per Citizen, Giving the Economy and Pound Sterling a Potential Advantage over Rivals says Deutsche Bank

The UK has preordered enough vaccines to provide five doses per citizen, courtesy of committing orders with six of the leading vaccine developers as the government attempts to hedge its bets.

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