Economics
V-shaped economic bounceback could be short-lived, economist tells MPs
The IMF chief economist said going forward she thinks ‘we could end up with a much more flat’ recovery.
Covid19 is a huge opportunity for new economics
The government’s socialist measures might be a temporary economic prop, but they can't ignore the wealth building movement for much longer.
The pound now an emerging-market currency in all but name
Analysts at Bank of America say that Brexit has turned it into a mirror of the “small and shrinking” UK economy.
Government borrowing record £62bn in April to cope with coronavirus
Government borrowing soars to record £62bn in April to cope with coronavirus
Now is the time to deprioritise economic growth
“We are stuck in a tragic relationship with GDP growth, now is the time to escape it and build a new system where the economy is built around people and planet.”
UK economy will suffer extremely large hit from coronavirus
Monetary Policy Committee member Silvana Tenreyro cautioned the UK recovery is likely to be ‘less V-shaped than one would like’.
UK economy could sink 35% and unemployment hit 3.4 million, OBR says
Unemployment is expected to hit 3.4 million, the independent group added.
UK economy slumped in February before Coronavirus impact
The Office for National Statistics (ONS) said UK GDP fell by 0.1% during the month, as it slipped from 0.1% growth in January.
How to save lives and the economy during COVID-19 pandemic
Nobel Prize winning economist Paul Romer says two things have to happen now.