Eurozone headed for double-dip recession amid slow vaccine rollout

Eurozone headed for a double-dip recession as the slow vaccine rollout prolongs the economic misery By Daily Mail City & Finance Reporter Published: 22:12 GMT, 3 March 2021 | Updated: 22:12 GMT, 3 March 2021 The eurozone is heading for a double-dip recession as the slow rollout of Covid-19 vaccines prolongs economic misery across the … Read more

China was the only major economy to grow in 2020

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

China enjoys 18% export boom to end 2020 as trade surplus grows

China enjoyed an 18 per cent export boom in December and saw its trade surplus with America widen during 2020 as the country where the coronavirus pandemic began continues to enjoy its economic rebound.  Beijing hailed its ‘outstanding achievements in foreign trade’ as customs data showed exports surging to $282billion in December and rising 3.6 … Read more

London markets open down ahead of multi-billion pound ‘winter plan’

London markets reverse early losses to trade only 0.3% or 17 points down at 5,882 after Rishi Sunak reveals ‘winter plan’ to protect jobs FTSE 100 index of UK’s biggest companies falls 0.2% or 14 points to 5,885 today But it turned around early losses which saw it trading down 1.3% this morning   Rishi Sunak … Read more

Eurozone suffers biggest economic contraction

Eurozone suffers biggest economic contraction as countries across bloc are hammered by coronsvirus pandemic By Daily Mail City & Finance Reporter Published: 21:57 BST, 31 July 2020 | Updated: 22:17 BST, 31 July 2020 The eurozone suffered its biggest ever economic contraction over the spring as countries across the bloc were hammered by the Covid-19 … Read more

Manufacturing activity in eurozone at record low

Manufacturing activity in eurozone at record low due to factory closures to prevent spread of coronavirus By Daily Mail City & Finance Reporter Published: 22:08 BST, 4 May 2020 | Updated: 22:08 BST, 4 May 2020 Manufacturing activity in the eurozone has plummeted to a record low as factories closed to prevent the spread of … Read more