Chancellor Rishi Sunak warns of economic ‘scarring’ from coronavirus saying there might not be an ‘immediate bounceback’ – as he hints self-employed bailout will not carry on past June Chancellor Rishi Sunak has been giving evidence to a House of Lords committee Warned of economic ‘scarring’ from covid and recovery may not be ‘immediate’ Hinted … Read more
The dividend drought has begun. For people who rely on dividends for their income, either directly or indirectly through their pensions, the past three or four weeks have been a catastrophe. Share prices may have clambered back some 20 per cent from their lows of March 23, when the FTSE100 index dipped below 5,000 – … Read more
Ending furlough scheme in June is ‘tantamount to economic suicide’, say business leaders By Tom Witherow For The Daily Mail Published: 21:50 BST, 30 April 2020 | Updated: 22:26 BST, 30 April 2020 Ending the Government’s near-£50billion wage subsidy scheme in June is ‘tantamount to economic suicide’ as firms will be forced to make mass … Read more
Britain’s leading economic think-tank sounds alarm on household debt, warning many will be unable to pay it off By Daily Mail City & Finance Reporter Published: 21:55 BST, 24 April 2020 | Updated: 21:55 BST, 24 April 2020 Britain’s leading economic think-tank has sounded the alarm on household debt, warning many will be unable to … Read more
On Saturday, the Mail launched a new series uncovering China’s role in fuelling the coronavirus pandemic. We have investigated claims about the origins of the virus in Wuhan and documented the cover-up of the outbreak by the Chinese authorities. Today, in the concluding article, we explore fears that China is in prime position to exploit … Read more
On Saturday, the Mail launched a new series uncovering China’s role in fuelling the coronavirus pandemic. We have investigated claims about the origins of the virus in Wuhan and documented the cover-up of the outbreak by the Chinese authorities. Today, in the concluding article, we explore fears that China is in prime position to exploit … Read more
Ministers have been accused of ‘treating the public like children’ by refusing to discuss how they may steer the UK out of lockdown – as Scotland’s first minister Nicola Surgeon promises to set out an exit strategy next week. Alok Sharma, the business secretary, claimed that discussing an exit plan detailing how restrictions may come … Read more
Ministers have been accused of ‘treating the public like children’ by refusing to discuss how they may steer the UK out of lockdown – as Scotland’s first minister Nicola Surgeon promises to set out an exit strategy next week. Alok Sharma, the business secretary, claimed that discussing an exit plan detailing how restrictions may come … Read more
Ministers are under huge pressure to come up with an ‘exit strategy’ from coronavirus lockdown today after the scale of the looming economic meltdown became clear. Cabinet infighting is in full swing over how and when to ease the draconian curbs strangling UK plc, with demands for primary schools and non-essential shops to reopen early … Read more
What can economic history teach us about the lockdown? The coronavirus pandemic is, of course, first and foremost a social crisis. It is testing the limits of the NHS, bringing out the best in our doctors, nurses and carers, and many others on whom we all rely. But it is also a huge challenge for … Read more