Boris Johnson has told business leaders that efficient delivery of the coronavirus vaccine is Britain’s best economic recovery tool as he promised a sustainable fightback from the worst recession in
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Obama-Era Alumni Are Favorites for Biden’s Top Economic Posts
As President-elect Joe Biden forms his cabinet, he will make it a top priority to assemble an economic team that can confront the surging unemployment and business slowdown touched off
Continue reading »Economic Sacrifices, U.S. Oil Jobs, Credit Card Costs: Eco Day
In this article Welcome to Friday, Americas. Here’s the latest news and analysis from Bloomberg Economics to help you start the day: The coronavirus pandemic has shown that policymakers will
Continue reading »Tory split on coronavirus has seen off any joined-up strategy
It would help if the cabinet could agree. Yet for the past seven months it has remained deeply divided, squabbling over the scientific advice and what Covid-19 might mean for
Continue reading »Johnson is asking Santa for a Christmas recovery
There is little chance of the economy staging a full recovery by the middle of the decade, let alone by Christmas, as Boris Johnson believes is possible. Speaking with the
Continue reading »Chancellor takes a softly-softly approach to easing Covid-19 crisis support
Paying workers up to £2,500 a month to kick their heels at home doesn’t come cheap. The cost to the exchequer of paying 80% of the wage bill for furloughed
Continue reading »Extend furlough scheme or face spiralling job losses, Rishi Sunak told
The chancellor, Rishi Sunak, has been urged to extend the coronavirus wage subsidy scheme until September to avoid spiralling job losses across Britain this summer. Against a backdrop of mounting
Continue reading »Plagues and wars alter economic policies: but not for ever
As a classical scholar, our prime minister will be all too aware of some uncanny parallels between the onset of coronavirus and the plague that beset Athens in 430BC. The
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