RUTH SUNDERLAND: £2trillion of debt – here’s one horrific bill Dishy Rishi CAN’T just wave away By Ruth Sunderland for the Daily Mail Published: 22:01 BST, 21 August 2020 | Updated: 00:03 BST, 22 August 2020 For anyone still indulging in the fantasy that life can be one long furlough, the speed with which our … Read more
Key points in the OBR’s grim economic assessment of the UK GDP will fall by at least 10 per cent this year, the worst recession in 300 years, with national debt bigger than the whole economy in all but the most optimistic scenario. Output might not return to last year’s level until the end of … Read more
The UK faces the biggest peacetime deficit in history with the risk of four million people out of work by next year – and the economy might not recover until 2025. In a bleak new assessment, the government’s OBR watchdog warned tax rises and spending cuts are inevitable as it poured cold water on hopes of … Read more
Global stocks surge again: Footsie rallies 4.5% after US agrees $2trillion rescue package By Daily Mail City & Finance Reporter Published: 21:51 GMT, 25 March 2020 | Updated: 21:55 GMT, 25 March 2020 Relief: Stock markets continued their exuberant upswing yesterday after weeks of catastrophic losses for investors Stock markets continued their exuberant upswing yesterday after … Read more