Breaking news
Nicola Sturgeon’s plans for Scottish independence were dealt a savage blow today as a new study revealed leaving the UK would damage the nation’s economy more than Brexit – and rejoining the EU would make little difference. The economic damage from leaving both unions would be the equivalent of an income loss of between £2,000 … Read more
Get a Brexit deal or make coronavirus damage to the economy even worse: economists warn ministers that failing to get a trade deal with the EU by December 31 will further damage jobs and productivity The Office for Budget Responsibility (OBR) released economic outlook today Said UK GDP could fall extra 2% if no agreement … Read more
Pope Francis hits out at ‘feverish consumerism’ and urges economists to involve the poor in post-coronavirus rebuilding Pope says the poor should have a say in making a ‘different economic narrative’ He urged economists to promote post-virus economic models involving the poor He recently highlighted how those on society’s margins are hit hardest by crisis … Read more
People working from home should be taxed to help fund workers whose jobs are under threat, a new report has said. Economists from Deutsche Bank have suggested a tax of 5 percent of a worker’s salary is introduced if they choose to work from home. This tax would be paid for directly by employers with … Read more
The Government’s assertion that 30 per cent of all coronavirus transmissions are happening in pubs, bars, cafes and restaurants is based on ‘very weak’ evidence economists have said, after furious MPs accused ministers of ‘cobbling together’ the numbers to ‘justify’ their point of view. Experts from the Institute for Economic Affairs rubbished the official claims, … Read more
‘We are facing the biggest financial crash for 100 years’: Economists warn the UK economy could shrink by an eye-watering 7.8 per cent overall in 2020 making it the most severe hit to livelihoods since 1921 The economy is now predicted to shrink by an astonishing 7.8 per cent overall It represents the most severe … Read more
