economic

Coronavirus: France rejects a third lockdown, can’t justify ‘economic, social and human costs’

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France rejects a third lockdown, saying the ‘economic, social and human’ cost cannot be justified – with an infection rate similar to UK which faces two more months of lockdown PM Jean Castex said French death rate in second wave is one of Europe’s lowest  He said low death tally was due to restrictions last … Read more

Countryside and oceans should be considered along with economic growth, major new report says 

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Countryside and oceans should be considered along with economic growth in bid to protect nature, major new report says A 600-page review will be launched online  by Prince Charles and Sir David Author Professor Dasgupta argues that nature is a ‘blind spot’ in economics Review calls for humanity to change food production and consumption By … Read more

Saudi crown prince addresses World Economic Forum from the desert

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That’s one way to work from home! Saudi Arabia’s Crown Prince MBS addresses World Economic Forum on a computer set up in the desert Crown prince Mohammed bin Salman set up a virtual office in the AlUla desert  The stunt appeared to be an effort to promote the region as a future tourist hub MBS … Read more

Jack Ma is just ‘laying low’ and ‘not missing or detained’ after economic reform speech

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Chinese billionaire Jack Ma is not missing, and is just laying low, sources have said, after he vanished following a speech about economic reform in the country. Ma founded Alibaba, Asia’s version of Amazon, with sources inside the company telling Fox Business that he is currently in hiding but is ‘not missing or detained’. One … Read more

What is economic abuse and how can it be prevented?

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‘My ex-husband left me £58,000 in debt’: Lloyds Bank launches new tool to help prevent economic abuse and support victims In total, victims of economic abuse are forced into millions of pounds of debt Nearly half are left with priority debts – meaning they could lose their home A victim says she racked up £58k … Read more

Coronavirus UK: FTSE 100 falls after opening amid fears of further economic threats

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More than £33billion was wiped off the FTSE 100 within minutes of opening today as panicked investors reacted to the devastating economic threat of a toughened lockdown, the new coronavirus strain and the continued Brexit deadlock. The index of Britain’s leading companies fell 1.8 per cent or 117 points to 6,410 shortly after opening in … Read more

Joe Biden’s pick for key economic adviser had ‘frequent episodes of yelling,’ former staff claim 

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Joe Biden’s pick for key economic adviser is ‘phenomenally incompetent’ and had ‘frequent episodes of yelling and swearing,’ former staff claim Biden has selected Heather Boushey to be top economic advisor  She is chief executive and co-founder of the Washington Center for Equitable Growth  Former coworker accused her of damaging careers of people who ‘stand up … Read more

Keir Starmer demands government publishes Covid economic impact info

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Keir Starmer accuses Boris Johnson of ‘suppressing’ evidence on economic hit from lockdown tiers amid clamour for ‘secret’ dossier to be released Sir Keir Starmer challenged Boris Johnson to release Covid economic dossier He accused PM of ‘trying to suppress the evidence of what is actually going on’  He said if PM does not publish … Read more