The amazing recovery in by stock markets, particularly in the US, since the March Covid crashes has produced guarded optimism among investors around the world. Many small investors have jumped on the bandwagon, fleeing rock-bottom savings rates to open investing Isas. Optimistic analysts think that even if more bad news is on the horizon, Governments … Read more
Crikey! Steve Irwin’s niece Rebecca Lobi soaks up the sun in a very revealing bikini while Australia Zoo struggles to pay the bills amid the COVID-19 pandemic By Zoe Burrell For Daily Mail Australia Published: 06:46 BST, 26 June 2020 | Updated: 08:00 BST, 26 June 2020 Her penchant for posting racy photos has seen … Read more
France, Germany and Italy plunge into recession: Eurozone suffers biggest slump since launch of single currency By Daily Mail City & Finance Published: 21:51 BST, 15 May 2020 | Updated: 21:51 BST, 15 May 2020 Germany, France and Italy have all plunged into recession as the eurozone endured its biggest slump since the launch of … Read more
The Bank of England has moved to calm fears over coronavirus triggering the deepest recession for 300 years. Governor Andrew Bailey said the downturn due to lockdown was ‘very sharp’, but said the Bank is buying up a ‘much larger’ stock of government debt than could have been ‘imagined’ during the credit crunch. The enormous … Read more
The UK faces a ‘recession to end all recessions’ with GDP plunging nearly a third this quarter, experts said today – amid warnings the misery will go on as long as social distancing remains in place. The respected IFS think-tank said the scale of the nose-dive due to coronavirus lockdown will be like nothing seen … Read more
Rishi Sunak concedes recession is already happening in grim warning of hard times to come as he extends the furlough scheme again Sunak said it was clear June deadline for furlough would have to be extended Told MPs scheme would continue ‘completely unchanged’ until the end of July Furlough been accessed by 935,000 businesses since … Read more
MARKETS LIVE: Bank of England warns Britain faces worst recession on record as rates are held at 0.1%; 02 and Virgin announce mega merger plans UK interest rates kept on hold at 0.1% by the BoE first thing this morning Covid-19 crisis means Britain on track for worst recession on record It is possible that … Read more
Covid-19 slump will push EU into a recession of ‘historic proportions’ wiping 7.7% off growth By Hugo Duncan for the Daily Mail Published: 21:50 BST, 6 May 2020 | Updated: 21:50 BST, 6 May 2020 Europe faces a recession of ‘historic proportions’ as Covid-19 cripples economies, according to forecasts published by Brussels. In a devastating … Read more
UK in worst recession in living memory: 591,000 firms at risk of going bust as car sales crash to lowest since 1946 By James Salmon for the Daily Mail Published: 22:55 BST, 5 May 2020 | Updated: 23:41 BST, 5 May 2020 Households have been told to brace themselves for the worst recession in living … Read more
We publish our podcast every Friday to the player on This is Money, above, and on Apple Podcasts (iTunes) and on the podcast platforms Audioboom and Acast, both of which allow you to listen on desktop, mobile, or download an app. We also now publish to Spotify. To download the Apple Podcasts app if you … Read more