We’ll lend firms £250k in 48 hours to survive the economic crisis, say banks 

We’ll lend firms £250k in 48 hours to survive the economic crisis, say banks By Helen Cahill For The Mail On Sunday Published: 23:06 GMT, 21 March 2020 | Updated: 23:06 GMT, 21 March 2020 The new emergency loans will be interest-free for the first year Banks will tomorrow promise to hand small businesses interest-free … Read more

Boris Johnson faces calls to ‘take the economic hit’ on coronavirus

Boris Johnson is facing fresh calls to step up coronavirus measures amid fears delay will only means the situation is worse later. The PM and the government’s chief medical officer signalled last night that action will be stepped up soon, as the number of cases in the UK rises. Within days Britons with ‘minor’ cold, … Read more

ALEX BRUMMER: Terrifying coronavirus crash is the biggest global economic crisis in a decade 

Under more normal circumstances a one-third crash in the price of oil might be a cause for celebration. It would mean cheaper motoring, lower costs for businesses and lower home-heating bills. But the global Covid-19 scare that caused the price crash and triggered a spine-chilling collapse in share prices on both sides of the Atlantic … Read more

Extreme weather could trigger a catastrophic economic recession ‘like we’ve never seen before’ 

Extreme weather events such as floods and droughts could trigger a catastrophic economic recession ‘like we’ve never seen before’ Current financial markets do not account for risk posed by natural disasters  Experts warn this puts the markets at risk of catastrophic collapse   If the markets suddenly correct then the knock on impact could be disastrous Has potential … Read more

‘Economic weather is unsettled,’ warns IMF boss

‘Economic weather is unsettled,’ warns IMF boss as it prepares to slash forecasts for global growth By James Burton For The Daily Mail Published: 21:51 BST, 5 April 2019 | Updated: 22:07 BST, 5 April 2019 IMF chief Christine Lagarde warned that the ‘economic weather is unsettled’ The International Monetary Fund is poised to slash its … Read more