For years, those on the left in Britain have been arguing that the government should be more aggressive in its use of state aid to revitalise those parts of the
The government believes it may have paid out up to £3.5bn in wrong or fraudulent claims for the furlough scheme. Jim Harra, the top civil servant at HM Revenue &
Boris Johnson and Rishi Sunak have vowed to keep taxes low, in a coordinated attempt to calm mutinous Tory MPs angered and unsettled by the government’s handling of the coronavirus
Britain loves a bargain – even, as it turns out, during a global health emergency. Dismissed as a gimmick at first, the government’s eat out to help out scheme has
Britain’s economy will be officially declared in recession this week for the first time since the 2008 financial crisis, as the coronavirus outbreak plunges the country into the deepest slump
The Trump administration has floated the idea of sanctioning Chinese officials and members of the Communist party of China. Before we ask whether this is a good idea, let’s ask
The Bank of England has said Britain’s economy is recovering more quickly than initially feared from the coronavirus pandemic as consumer spending rises, despite warning of significant risks to jobs
Moreover, the economy may be performing slightly better than what we’re seeing here. The PMIs have so far underestimated the scale of the rebound when compared to the official data.
Wealthy households could be in line for tax rises to claw back the cost of extra spending during the coronavirus pandemic, after the government called for a wide-ranging review of
4.17am EDT 04:17 NEWS FLASH: The International Energy Agency has raised its forecasts for oil demand in 2020 to 92.1 million barrels per day, which is a 400,000 bdp increase
