Economics

Unemployment is expected to hit 3.4 million, the independent group added.

The Office for National Statistics (ONS) said UK GDP fell by 0.1% during the month, as it slipped from 0.1% growth in January.

Nobel Prize winning economist Paul Romer says two things have to happen now.

The figures do not take into account the major impact the the coronavirus might have on the British economy.

Andy Haldane also said there were now greater incidents of ‘in-work poverty’ compared to out-of-work poverty due to ‘less secure’ employment.

Paul Blomfield, Labour’s Brexit spokesperson, has called for the reports to be released immediately.

In a separate November 2019 filing in the Cayman Islands Grand Court, the GIC expressed concerns over the conduct of KGL Investment Company (KGLI), the sponsor and placement agent of the Port Fund.

With the COP25 dubbed “a climate summit to forget”, the pressure is piling on PM Boris Johnson to deliver tangible results if London wants to be seen as a global climate leader.

Mr Bailey will take over the role from outgoing chief Mark Carney, who has spent six years in the post.