economy

Covid-19 pandemic has cost the world’s economy $3.8TRILLION

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The coronavirus pandemic and measures to slow its spread cost the global economy $3.8 trillion (£3 trillion), and put 147 million people out of work, a new study shows. In the first work to attempt to quantify the impact of the pandemic, researchers from the University of Sydney created a detailed model of the global … Read more

ALEX BRUMMER: Bringing economy back a priority not being shirked

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ALEX BRUMMER: Forget the snarling from the Left, bringing the economy back is a priority not being shirked  The Bank of England’s Andy Haldane has underlined his faith in a ‘V’ shaped recovery  The Chancellor is under some pressure to cut VAT By Alex Brummer for the Daily Mail Published: 22:00 BST, 3 July 2020 … Read more

Trump says US economy ‘roaring back’ as firms hire 4.8m workers 

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Donald Trump claims US economy is ‘roaring back’ as firms hire a record 4.8million workers By James Salmon for the Daily Mail Published: 21:51 BST, 2 July 2020 | Updated: 22:07 BST, 2 July 2020 Donald Trump claimed the US economy is ‘roaring back’ as official figures showed firms hired a record 4.8m workers last … Read more

Economy adds 4.8 million new jobs in June in lockdown recovery, official figures show

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BREAKING NEWS: Economy adds 4.8 million new jobs in June, official figures reveal – but more than 19 MILLION remain unemployed as recovery hopes fade U.S. employers added a substantial 4.8 million jobs in June, and the unemployment rate fell to 11.1%  Nation has now recovered roughly one-third of the 22 million jobs it lost … Read more

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

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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

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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

Boris Johnson will promise that workers who bore brunt of austerity WON’T have pay to revamp economy

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Boris Johnson vows that workers who bore brunt of austerity WON’T have pay to revamp economy after coronavirus as he vows to usher in ‘decade of investment’ PM will unveil ‘decade of investment’ in an infrastructure spending spree Expected to stand in contract to 2008 bank bailouts which saw workers suffer Rishi Sunak will expect shareholders … Read more

Leading thinkers suggest how to revive Britain’s economy post-Covid 

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In the darkest hours of the Second World War, the Churchill-led coalition government embarked on the bravest of enterprises. It sought to put in place a social and economic settlement which would protect the lives of citizens in decades to come. The Beveridge Report of 1942 provided a blueprint for confronting what the author described … Read more

Boris Johnson urged to send the country back to the office to save the economy

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Boris Johnson today insisted that people should continue to work from home ‘if possible’ despite growing calls for him to get millions more Britons back into the office to prevent thousands of businesses that rely on them going to the wall.   Tory MP Steve Baker told MailOnline that the challenge faced by many businesses on high … Read more