Economics
Mario Draghi: Italy’s chance to reboot its economy
The unification of leadership will come as a boon to the efficiency of the ministry.
‘Worst economic crisis of any major economy’ as UK economy shrinks at fastest rate for 300 years
“These figures confirm that not only has the UK had the worst death toll in Europe, we’re experiencing the worst economic crisis of any major economy."
UK to be worst-hit G7 economy in first quarter as 2.5 million could be unemployed by end of year
The forecasted drop of nearly 9% in the quarter would be more than twice the expected decline in Japan, the second-worst hit country in the G7
Traders in meltdown as Reddit forum leaves hedge fund on the brink of bankruptcy
Footage shows one trader throwing his chair, while reports of people crying have surfaced.
Best responses as Redditors fight back against hedge funds and win
'You have to remember this is hurting real people who own multiple boats."
Government borrowing soared nearly sixfold in December as overall debt hits record £2.13 trillion
It means that debt is now 99.4% the size of gross domestic product (GDP), which measures the value of all goods and services produced in the UK. This level had not previously been reached since 1962.
Watch what happens to the UK’s debt pile under the Conservatives
It means the UK’s overall debt is now around 99.5 per cent of gross domestic product (GDP), which is a measure of the size of the economy – a level not seen since 1962.
‘Very rough start to the Christmas week’ as stock markets and sterling take hit over Covid-19 and Brexit fears
The pound could see a “severe downside shock if there is no deal by Christmas”.
Fifty years of tax cuts for rich did not trickle down – study concludes
The research comes at a crucial time as policy makers weigh up how pay for the coronavirus pandemic.