Category: Economics

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Chancellor extends UK furlough scheme until end of October

Rishi Sunak says programme will run for further four months as coronavirus crisis continues Coronavirus – latest updates See all our coronavirus coverage The chancellor has extended the government’s coronavirus… »

UK economy could shrink by 35% with 2m job losses, warns OBR

Unemployment could hit 10% by end of spring with public borrowing rising at fastest rate since WWII Coronavirus – latest updates See all our coronavirus coverage Britain’s economy could shrink… »

‘Great Lockdown’ to rival Great Depression with 3% hit to global economy, says IMF

Latest World Economic Outlook describes shock of coronavirus pandemic as ‘like no other’ Coronavirus – latest updates See all our coronavirus coverage The International Monetary Fund has slashed its forecasts… »

Millions in UK ‘could slip through virus wage safety net’

Some self-employed workers and high earners at risk despite subsidy plan, warn thinktanks Coronavirus – latest updates See all our coronavirus coverage Millions of people across Britain risk falling through… »

Coronavirus news: Austria and Croatia report first cases as Tenerife quarantines hotel – live updates

Outbreaks confirmed in new countries as Iran’s deputy health minister reportedly also tests positive for coronavirus Full story: 1,000 guests at hotel quarantined South Korea: 200,000 sect members to be… »

Six-month placements aim to help those hardest hit by the Covid-19 lockdown Summer statement – the key announcements Coronavirus – latest updates See all our coronavirus coverage Rishi Sunak will… »




The daily updates on COVID-19 outbreaks, tragic stories of related fatalities, and our narrowed scope of life due to lockdown have all put the concept of mortality — and for… »