Economics
Now is the time to deprioritise economic growth
“We are stuck in a tragic relationship with GDP growth, now is the time to escape it and build a new system where the economy is built around people and planet.”
UK economy will suffer extremely large hit from coronavirus
Monetary Policy Committee member Silvana Tenreyro cautioned the UK recovery is likely to be ‘less V-shaped than one would like’.
UK economy could sink 35% and unemployment hit 3.4 million, OBR says
Unemployment is expected to hit 3.4 million, the independent group added.
UK economy slumped in February before Coronavirus impact
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.
How to save lives and the economy during COVID-19 pandemic
Nobel Prize winning economist Paul Romer says two things have to happen now.
UK GDP shows 0.0% growth in three months to January
The figures do not take into account the major impact the the coronavirus might have on the British economy.
Capitalism in need of rethink, Bank of England chief economist says
Andy Haldane also said there were now greater incidents of ‘in-work poverty’ compared to out-of-work poverty due to ‘less secure’ employment.
Ministers refuse to release secret Brexit studies – and there’s a good reason why
Paul Blomfield, Labour’s Brexit spokesperson, has called for the reports to be released immediately.
The True Cost of Britain’s Network of Fiscal Paradises
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.