Economic recovery loses pace in May
The UK’s economic recovery slowed substantially in May, despite the continued reopening of the economy.
The UK’s economic recovery slowed substantially in May, despite the continued reopening of the economy.
Britain’s employers are struggling with the worst staff shortages since the late 1990s, amid the rush to reopen from lockdown and a sharp drop in overseas workers due to Covid and Brexit.
House prices have fallen for the first time in five months as the winding down of the stamp duty holiday eases a property-buying frenzy.
Morrisons has agreed a takeover offer from a new US investment groups which values the British supermarket group at £6.3billion.
Britain’s economy suffered a bigger hit than first thought between January and March as the coronavirus lockdown took its toll and households saved at record levels.
Chair of the Conservative think tank, the Bow Group, Ben Harris-Quinney explained to Express.co.uk the now popular local investments made by the Conservative government will only get them so far as coronavirus is set to cause economic turmoil for the country. Ben Harris-Quinney added the conservative ideology promotes “fiscal responsibility” and while the Tories enjoy […]
It was not unusual – before the pandemic – for the wealthy to move between multiple homes on the basis of a weather report. As all their homes were staffed, stocked and on standby; it was only a matter of their pilot confirming a departure time.
The Government borrowed £24.3bn in May, the second-biggest ever deficit for that month according to the Office for National Statistics.
The surge in the rate of inflation of the past couple of months showed no sign of slowing in May, hitting 2.1% as the cost of a range of goods picked up following the coronavirus crisis-induced slump for the economy.
Boris Johnson has agreed a free trade deal with Australia in the first major post-Brexit trading agreement.
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