Britons face pay freezes and tax rises to cover £300bn bill for coronavirus

Britain’s bill for the pandemic could hit £300billion and force tax rises, cuts to the state pension and a public-sector pay freeze, a Treasury document warns. A paper drawn up for Chancellor Rishi Sunak said the austerity-style policies – including drastic cuts to public spending and welfare – may have to be announced within weeks … Read more

The £300bn coronavirus crash: FTSE down 12.7% and oil down 23%

The £300bn coronavirus crash: FTSE down 12.7%, oil down 23% while US 10-year bond yields are down 51% in just TWO weeks By Hugo Duncan for the Daily Mail Published: 21:51 GMT, 6 March 2020 | Updated: 21:51 GMT, 6 March 2020 More than £300billion has been wiped off the value of Britain’s leading companies … Read more