Boris Johnson has been warned that failing to reopen international travel for the summer would blow an £18billion hole in the economy. The prime minister has been facing growing pressure to include international travel in his roadmap for easing lockdown, due to be published today, Monday. On Thursday, the bosses of some of Britain’s biggest … Read more
Britain’s economy will lose £18 BILION if international travel restrictions remain in place until the summer, MPs warn Aviation group found lack of tourists would cause loss of £7.5bn to hospitality Outbound travel is expected to be hit with losses of £10.5bn with restrictions Bosses have said that government needs to offer significant support package … Read more
Britain’s economy will lose £18 BILION if international travel restrictions remain in place until the summer, MPs warn Aviation group found lack of tourists would cause loss of £7.5bn to hospitality Outbound travel is expected to be hit with losses of £10.5bn with restrictions Bosses have said that government needs to offer significant support package … Read more
Women are a rarity at the highest level of economic policy-making in Britain. There has still never been a female Chancellor, although Labour’s current shadow Anneliese Dodds would like to change that. And the current group in the top jobs at the Bank of England are an old boys club. So it is hugely fascinating … Read more
Digital technology investment could boost the economy by £232bn over the next 20 years, reseacrh finds Tech investment in health and social care alone could add £33bn to UK GDP Starting investment early could add £74billion to Britain’s economy by 2025 Covid-19 has accelerated flexible working and the delivery of digital services By Harry Wise … Read more
Australia has become the new Hollywood during the Covid-19 pandemic as major movie studios relocate their productions Down Under. And a new report suggests the influx of famous actors and filmmakers filming projects here is expected to inject more than $1.47billion into Australia’s economy. The suite of locally produced blockbusters has also created more than … Read more
Rishi Sunak was today warned that hiking taxes too early risks wrecking the fledgling economic recovery as a think-tank said the UK faces the biggest hit in the G7 The respected NIESR urged the Chancellor to be cautious in his Budget next month, despite hints that he intends to start repairing the battered public finances. … Read more
China was the first country in the world to be struck by coronavirus and its economy is the first to recover. It expanded by 6.5 per cent in the final quarter of 2020, making it one of the few countries to be able to chalk up growth for the year. Industrial production drove the revival, … Read more
China was the world’s only major economy to have grown in 2020 with all others suffering Covid-related recessions By Hugo Duncan for the Daily Mail Published: 21:51 GMT, 18 January 2021 | Updated: 21:51 GMT, 18 January 2021 China looks set to be the only major economy in the world to have grown last year … Read more
China’s economy grew by 2.3 per cent in 2020, official figures revealed today, making it the only major economy to grow at all during the year of the coronavirus. The 2.3 per cent expansion was better than experts had predicted and came after China’s economy bounced back from the pandemic by exporting medical equipment and … Read more