ALEX BRUMMER: Praying for a jobs miracle

After the 2008 financial crisis, the strength of Britain’s jobs market consistently confounded the forecasters. In spite of below-trend output, employment climbed and the jobless rate dropped below 4 per cent. Covid-19 looks to have changed that. Each day the country wakes to a long list of companies shedding staff. John Lewis and Harrods are … Read more ALEX BRUMMER: Praying for a jobs miracle

BEN WILKINSON: Why don’t parents invest for their children?

BEN WILKINSON: Why aren’t more parents taking advantage of the tax-free gains available with Junior Isas? By Ben Wilkinson for the Daily Mail Published: 22:01 BST, 30 June 2020 | Updated: 22:01 BST, 30 June 2020 We all want what is best for our children. So why do so few of us take advantage of … Read more BEN WILKINSON: Why don’t parents invest for their children?

ALEX BRUMMER: Boris battles for Britain

Prime Minister Boris Johnson wants to open blue water between his Tory government and those that came before. No austerity and ‘we are not going to cheese-pare’ our way out of trouble, is his recipe for the coronavirus economic response. In terms of firing up output, there is much less on offer than the rhetoric. … Read more ALEX BRUMMER: Boris battles for Britain

ALEX BRUMMER: Greedy grocers under fire over fat cat pay

The heroics of the supermarkets, whose regiments of staff have kept us fed, watered and toilet papered in lockdown, deserves great applause. Less appetising has been grasping behaviour at board level. On Thursday, directors of Sainsbury’s will face questions at its annual meeting over the pay and bonus package for its incoming chief executive Simon … Read more ALEX BRUMMER: Greedy grocers under fire over fat cat pay

The UK’s consumer economy died during lockdown it’s not all coming back, says ADRIAN LOWERY

The pedlars of crackpot Covid conspiracy theories missed a trick. Forget 5G: a more believable ruse would have been that the US tech giants set off the coronavirus pandemic. Such has been the impact on the FAANG stocks that the idea, fanciful of course, might have gained some traction. Facebook, Amazon, Apple, Netflix and Google/Alphabet, … Read more The UK’s consumer economy died during lockdown it’s not all coming back, says ADRIAN LOWERY

The UK’s consumer economy died during lockdown it’s not all coming back, says ADRIAN LOWERY

The pedlars of crackpot Covid conspiracy theories missed a trick. Forget 5G: a more believable ruse would have been that the US tech giants set off the coronavirus pandemic. Such has been the impact on the FAANG stocks that the idea, fanciful of course, might have gained some traction. Facebook, Amazon, Apple, Netflix and Google/Alphabet, … Read more The UK’s consumer economy died during lockdown it’s not all coming back, says ADRIAN LOWERY

RUTH SUNDERLAND: Time for a VAT cut, Chancellor

RUTH SUNDERLAND: Cut in VAT would have popular appeal and send a strong message of support to troubled parts of the economy – just the ticket  Rishi Sunak is understood to have cooled on the idea of reducing VAT  Two former Chancellors, Sajid Javid and Alistair Darling, have come out for a cut By Ruth … Read more RUTH SUNDERLAND: Time for a VAT cut, Chancellor

RUTH SUNDERLAND: Time for a VAT cut, Chancellor

RUTH SUNDERLAND: Cut in VAT would have popular appeal and send a strong message of support to troubled parts of the economy – just the ticket  Rishi Sunak is understood to have cooled on the idea of reducing VAT  Two former Chancellors, Sajid Javid and Alistair Darling, have come out for a cut By Ruth … Read more RUTH SUNDERLAND: Time for a VAT cut, Chancellor

HAMISH MCRAE: We should be aware of our vulnerability

HAMISH MCRAE: We should be aware of our vulnerability and resist losing national control of enterprises that are important to our society The IMF last week forecast that the UK economy would be down by 10 per cent   By and large the Government – and the Bank of England – are doing the right things … Read more HAMISH MCRAE: We should be aware of our vulnerability

ALEX BRUMMER: Can jobs catastrophe be averted?

ALEX BRUMMER: Chancellor Rishi Sunak will have to make the most of limited fiscal capacity if a jobs catastrophe is to be averted  There are 9m employees on furlough  The formal data we have so far on the Covid-19 shows a peak to trough fall of a whopping 25 per cent By Alex Brummer for … Read more ALEX BRUMMER: Can jobs catastrophe be averted?